The herald., 1837-05-01

u
population is called to meet together at ! o'clock IN
The Park on Wednesday.
This meeting we learn is TO be taken hold Of by the
first men of the city, who entirely dsappreve of the
proceedings of the Masonic Hall assemblage Charles
G. Ferris is to y President, and many ofour first
citizens are to addIes the people.
1t is very evident that the Masonic Hall meeting
was originated by a clique of madmen. The tone,
spirit and temper Of their speeches were revolutionary
and dangerous. Such sentiments, have come be-
fore the public through the columns of the Courier q
Enquirer, are the sentiments of reckless madmen-
not the citizens ofan enlightened nation. Whatever
the government and executive have done create the
existing distress, let them be amenable by legal pro-
cess but to assassinae the President Webbs plan,
or get up an nsurrec,ion of ten thousand and march
10 Washington on Mr.. Goulds plan is TO destroy not
10 remedy. Such projects can only originate in
the lowest stage of merals-or the entire prostration
Of the mind.
In another point of view the meeting OF which Mr..
Hone was head has done great mischief thas impair
ed public confidence in all branches trade, and is daily
producing run on the banks. Similar meetings are
called together by similar madmen in all our large
cities They will increase the pablo and urge
it into furious panic. The great mass of the mid
ding and lower ranks in distress, but they are not
by any means so bad the higher classes OF trade
and speculators. In the daily operations Of life gold
and silver were never so plenty. The terror caused
by the public meetings causes run on the banks,
and thus increases the specie in active circulation. If
the politicians under the wise counses of the Courier
& Enquirer 60 they doing, they will actual
ly break every bank in the country.
We trust, therefore, that the great popular meeting
he hald IN ha parx he
the audacity, the ignorance and the evils produced
by the Masonic Hall assemblage. The large specu-
lators and overtraders are gone to perdton in New
York. bat there is yet vast amount Of healthy busi-
ness doing in the middling ranks Of life. We have
personal experience Of this fact. Two thirds OF our
own receipts are in gold and silver and the samemay
be said Of all those who do business on the cash or
short credit system. We have in New York the ele-
ments Of better state of things than past have
displayed We are coming TO our senses. The at
tempts by the Wall street press and miserable poitl-
clans and bankupts TO drive the people into nsurrec-
ton ought to be discountenanced and put down. We
have lost nothing bat the values and prices set upon
articles by spectators. II is said that the loss by
failures has already risen to 2000OO 0OO There is not
a loss of one million in real value. II was bubble
from centre to circumference
| Let not the people get alarmed-do not despond-
do not despair To ready money people and cash
dealers of little consequence If half the banks IN
the nation STOP There is now enough of specie to
,ransac, the small transactions, and the personal
checks or obligations of good houses, managed on a
good SYSTEM are as coed bank paper and will cir
culate as such. My checks for S. each are bet
ter far than safety fund bank bills. Why? l can
always redeem the whole in specie, and that is more
than they can do. We are all getting more healthy
more happy and more comfortable. Frugahty and
economy will return. Extravaganza pride, vanity
have only received check. The bright sun shines
as ever-the pure sky is there-the holy and happy
fair ones smiling around as-and every thing will ye
come back that ought tocome.
We trust therefore that the great meeting IN the
Park will act moderately and wisely Let them unite
the bands ofths social system-not rend them asun'
der like some of the madmcn at Masonic Hail.
THINGS IN ClxcSNArI-The Cincinnati Post no.
inmates Mr. Southard Of New Jersey, for the Presi-