The herald., 1837-05-20

a director Of the Morris Canal Bank-that we have
begun a movement that will awaken the moral sense
Of this city, and that we shall never till the per-
petrators of the GREAT FRAUD, called the SUS-
PENSION OF SPECIE PAYMENTS, shall be
brought up to that City Hail. and indicted for
conspiracy to cheat by an honorable and independ-
ent Grand Jury, selected from the great body of a
free people. We also desire every man and every
woman to prepare for action. BY the filthy rags
palmed upon them, they have been cheated and de-
frauded out of their earnings and their property Let
them one and all, who hold these laconvertble
bank bills apply to the police Office and demand an
investigation by the next grand jury There can be
in the legal institutions Of free land, if equal
| and exact Justice be not administered TO all alike.
Let the t,eo hundred thousand honest and indlstri-
Gus people Of New York prepare for the next grand
jury and let that any grand jury, the police Office
the Justice all together dare to refuse the
just complaints of free, just honorable brave, de-
ermined, cheated deceived, resistess people. Irre
deemable paper money is an rredeemabe fraud, and
such will public justice fix and brand upon its brazen
forehead for all time to More next week.
New TREASURY CmcULAR.-The President has
directed new Treasury Circular to be issued The
following are the leading points:
The general embarrassment of the money
the commercial cities has also by
Secretary the Treasury suitable
exercise the of instruction District Attorneys
rested nts office by the Of Congress above mentioned by
giving before hand and leaving its special application
them the general terms and principles laid down by this of
fce have therefore, the applications for relief will proba
bly, be numerous thought point out for govern
men the terms and conditions which, in the exercise of
sound discretion after obtaining each all
hyour power, you may postpone the institution suit
lt You will require that the of surees writing,
the indulgence desired be filed in your Office.
3D. The 65h section general collection I'd March,
I79e entitled An regulate collection ofdutes
ports and TONNAGE provides that son all bonds which
suits shall be commenced interest shall be allowed the
fisk cent from the time when said bonds be-
come due until the payment thereof You will require there
FORE the agreement of all parties bonds, which shall
be postponed ts the interest suit nsti
tuted
Sd You will in case without further orders grant sus-
pension Of suit beyond the LIST day OF October which
period Congress opportunity Of making such nro
visions as they may think proper.
4h You will in all request additional security If this
be given, you will require judgment as
condition of such stay of execution deem expedent
proper extend beyond the time for
| suspension of suit
5t condition all cases. that forfeiture of all
the benefits of the indulgence granted shall be incurred when
indulgence shall not have bees
| complied witt
| This Circular is legal and constitutional If the
President of the United States were TO permit Mr..
Sworout, or the Postmaster to take any other mo-
ney for duties and posages than gold and silver or
the notes of specie paying banks, he would deserve
impeachment and removal from office. We never
will countenance, merely to crafty excitement Of any
kind, any departure from the letter and spirit Of the
Constitution and Laws.
ELEGANT ExrRAcr-The following exquisite NOR
sci is taken from the New York correspondent of the
| Boston Atlas"
There has been great coil here since my last went
off about list of reported failures published in Of
the penny papers yesterday This list contained
in the Herald, smuhy litue biackguar print edited
by person called Bennett who, by dint Of reckless
disregard TO truth, honesty, and decency has made
himself odious and abhorrent TO erery iorer Of good
order end propriety. He has consammate impu-
deRce and total disregardto erery other considera
! Gon than his interests which he has subserved
by catering for that vile morbid appetite of the mob
for scandal iyng siand,r, gsssp and defraciion.-
BY sHch those his foul sheet has been principally
sustained although il is sad, and fear on too good
authority to question the trath ofhe ramor that others
in more respectable stations have at times paid the
iibeous scribbier hush money when for the purpose
sfproducng this very result he has shown disposi-
ton to level his attacks at them and theirs He has
been kicked, bored slapped cufed and caned till he
| is one mass Of bruises, and yet he writes on like
some ,recds that grow the ranker the more they are
iramped on. He is now, al the moment write, be-
fore the police magistrates on charge efHbel, da-
| images SZo,UVu, Orougnt against MN 0y John Haggcr-
ty& Sons, whose firm he reported had failed Sew
eral other houses in the same category, have also
commenced actions against him.
Iis generally believed that the correspondent, Of the
"Boston Atlas is worthy friend, the old boy in
Specs" who also figures the Spy correspondent
Of the Courier and Enquirer, during the sessions Of
Congress. We have several occasions spoken
very handsomely Of the " Old Boy" and his works
particularly hi, Life OF Aaron Burr" The generous
rcqual Of valued friend contained in the above
exquisite morsel, is worthy of his genus his cxper
ence and his long acquaintance with high mora
sense in all the social and private relations Of life Or
several occasions wo have been disposed 10 beev,
that theooquence purity, proprety Of the Courier ans
Enquirer have almost reached great an elevation
but strict scrutiny, doubt if the mitaior eve
fully came up to the original Some have a geniu.
for one thing some another. Homer had geniu,
for heroic verse-Shakspeare for the god-Iike dra
ma-Burns for the lyric roundelsy-Bcnnett for III,
original Brilliant editsral-the Courier and Enquire
and its" Id boy in specs possess exquisite genius fol
such dclectable illusions this specimen now befor,
an admiring world
Wecongratulate John Haggerty & Sons, and al
their associate bankers, not bankrupts, we must b,
raufioua ham thov :. 40.