Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-07

There are two vacancies pcndng IN oai'l"o'e'
and one just filled in Philadelphia. the fniaue',
phia election has gone against the administrator anu
there is probability that Baltimore VIII 40 me sae'
1t is very obvious that deep revolution IS no"
working in mems minds. Since the accession Oh MI
Van Buren,, the greatest revusion OF modern times
has taken places 900 merchants and traders have
faledand GOO state and safety fund banks suspend
ed payment.
The origin Of these terrible disorders can be traced
10 the policy principles, conduct and influence OF the
CLIQUE in New York who set mp the Safety Fund
bubble.
This broken reed-this system of public robbery
has, by pretending to perfect security caused an aug
mentahon of banks and paper money beyond any
former period in history. In 1884, there was asymp-
of rottenness-but by patching up it lived three
years longer, till May last when It gave way IN
general crash from New York to Buffalo, and brought
all the banks in the country down with it.
This system was established by Mr.. Van Purcn
and his friends in 1922 TO take the place Of the late
national bank conducted by MIR. Biddle. Mr. Van
Buren, now attempts to escape the responsibility Of
his own handy work, by crying out "a divorce pc
tween government and banks" at the same time mat
his associates in folly at Albany, Governor Marcy q
Co.. have passed laws binding the state and the sanks
in more corrupt union than ever-slnding them Dy
suspension law which violates the first principles OF
morals, the letter and spirit Of the constitution, and
plumbers the people Of this state out of two millions OF
dollars in paper money and one million dead loss
in the state funds.
Under this state of things portion Of the next
Congress is to be elected. The first trial has taken
place in Philadelphia, and Charles J. Ingersoll the
advocate of Mr.. Van Buren, and his policy has been
defeated. 1t is great question between the bloated
rredeemable paper currency, and redeemable paper
currency between the Safety Fund bubble or State
bank SYSTEM and national system founded by Con-
gress permanent specie basis. Mr. Van Buren,
tries to seize upon the mantle Of General Jackson,
who had certain correct notions ofthe currency, others
vsonary-but it ought to be the object of the public
press to fix upon its real authors the responsibility of
the system which has caused all the evils-piz. the
great Safety Fund bubble Of New York.
Future elections will be looked to with interest,"
Will editors, and Others in the different States and dis
tricts that have yet elect members, please TO send
us state of the prospects before the election, and
of the results after III
II The charleston Mercury" is very much an
moved al the nomination of Mr.. Webster Be quiet
friend-we will nominate Mr. Calhoun before Con-
gress meets The ideas entertained OF New ERIK
city are the strangest in the world Any one acquain'-
ed with algebra, must know that this great mcropo-
lis is one-half the United Sta,es-one third of the
commercial world and full one-fourih Of civilization
We have a perfect right to nominate as many Presl'
dents as we please and if the other cities wont go for
them they can 60 farther and fare worse
MopE SHIN pLAsrEns.-The following is the latcs,
shinplaster, of any value, now in circulation :
90 Gee zoe Q o
o No. 7s NEW JERSEY.
, Tn s 70 ss, se M% VA infie cSM%oN
80 COUNCIL Of The City Of Newark, the sum -
Of ONE per cen, per snnum payable June 1889 being
rance passed May s 1887 CITY ~ yq"c
Asrm Beach, City Clerk o
6 . eeeoe 9eoo eeee g
We have laws against the circulation Of such trash,
yet all morals and honesty now Frustrated IN the
dust They have the impotence too TO pay one per
cent interest," and thus cheat the community out OF the
difference between one and seven-being on the whole
some $500 for one year. How long is the world TO
be deluded There is plenty Of specie for small
change in the hanks yet they will not give us SIX
pence.
II Amos KENDALL has organized an Express
Mail 10 the West at last have received slip from
the Office OF the Columbus Statesman. IfAmos had
never been military chlefain"-never broken the
arm OF an honorable in a row in the streets OF
Frankfort, he never could have succeeded so excel
lenty as Postmaster General.
~ II seems that letters whether official or not
are TO be sent in future by the express mail TO the
President and the heads Of departments unless the
postage be paid. The Globe recommends the same
rule TO be applied to all letters What NEXT That
no letters be sent unless first read by the Postmaster
II would be quite as reasonable a requlsnon.
REpucTios or WAGEs.-This revolution has begun
In Pearl street salaries of clerks at $1,000 reduced
to $780, and porters that got s35 per month now re-
ceive $40. Economy mus, be the order Of the day.
II Few are going to Saratoga or Ballston this
wear We learn that these watering places are like