Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-08-02
GovESkMEsT BEPosITEs.
7,i7s,osi s,l52,aso 2l4,4i9 1898, ~
s'I52 $40 2l4,4ls

rs4O237OI Dim. Depos. Si,e23,7ol
This exhibit furnishes many themes for reflection. They
will readily occur intelligent mind We the folly Of
making state institutions repositories Of the funds
II supDed tem with additional capital speculate upon
original intent OF their charters On the LIST
Of january upwards of millions the dspo
sal of eleven corporations Did the trainers their charters
ever anticipate such accession to their capital What
the effect Tkeysmulated unnatural extent by oanng
these dealers who had already gone their
depth. Up tire LIST of March, these millions
turned twice thrice with immense profits And whence
these profits derived From The pockets of the
the greater of whom the mdine and poorer
classes The undue extension given to trade speculation &c
by the OF seven millions ogovernment funds brought with
the 4h Of March, 1887 We should like very much
statement Of the affairs these that day II would
be and curious exhibit We will venture opinion
without fear of contradictions that the public depoes that
day overtime millions Let that pass however During
unexamped panic find these very banks railing
in all directions and running taer deuded victims They have
decreased the DEPOSIT since the first Of the year 7o
Its supposed that the amount of the public locked
in the deposte banks about q millions New York
owes ninth of that amount What is ohnder these eleven
Banks frsa rsumng specie payments and lqudatng this
debit Nothing but the miserable desire of anassng profits
the erpence Of their bholders and other creditors We how
for the Treasury Afford pay the whole
% millions bonus for honesty and straight paths
But there need be loss Let its baah
and throw its whole weight the sone of resumption The
thing be easily effected But will Mr. Van Buren, compel
his wsyward agents back the good old doctrine
paying what they we pubic attention
the that eleven eposte banks Of New York Cy the
government $3l523 $780, Let this be remembered Let it be
proclaimed throughout the country II these do pay this
Voluntarily they ought be made do it the
Of their charters. Let something be done retrieve
honorfrom the dsg race of suspension.
Stocks today stiff United States npto l8 Della
wSe& Hudson if roved IL Phenik American Life Trust
!, Mohawk Rail Road J. New Orleans Gas Co. remained
firm.
Specie heavy the Board nEs in the Three
PACKETS have sed and carried large The
other,she London packet will be detained unt O'Clock PM.
TINS day. receive hatever aiong She will
out but xfng than engaged for
her yesterday.
Sfx'OclocK, r. M.
At ksxrd today very little done in stocks
There ges inactivity in thcssuon Offices. 1t cal
culated that the oar packets which went to today will
~ 200 An specie in art payment of the foreign
debt The quantity OF produce is meagre Inihe Ontario
London, learn tina, fisoeoo Of specie passed
through the Custom House. Few made fer
ether vessels it iaown usofcauy that S5oooo0 if
have been ipped Liverpool aadavre FOR several
days pas the activity the bullion are has bean immense
The following the exports of specie
named -
BY tho0ntario to Losdon, (ofcaI 100000
sOrphess tn Liverpool, tunofhoiJ,) $4,000
" Shakespeare tosd0. do. 5000
VI atimore To n ,rc, do. 10000