Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-11
MORNING HERALD.
Highly Important from England.


important intelligence from England.
They have net received there the account of the
suspension OF specie by the banks OF this
rry-beginning with those of New York, but the APP
Proclamation that crisis being almost bad they had
before them
The Roscoe which sailed on the 9th Of May, enc day
before the suspension publicly known carried on,
some pregnant indication of that Intelligence pro
duced great excitement and CONSERVATION in Liver
pool An express London and similar eff
fects produced there.
The Bank Of England had refused to furnish any fur
Their aid to the American houses, and the latest
counts, Thomas Wilson X Co.. and Timothy Virgins
had both failed U. 5. Bank post notes. Morris Canal
and all American securities had declined Great con
sternation prevailed throughout England
The London papers quarrelling about popery-
the everlasting subject.
In France mpost duty has been levied on beet su
gar NJ Truuat has been elected minister of public in
structon in opposition NJ de Salvande. Baron Pas
quier is nominated Chancellor of France Barren Mer
Their assumes the ministry Of foreign affairs.
Ia England the question OF reform in the criminal law
is agitated and efforts made to reduce the number Of
capital offences
The bride Of the Duke Of Orleans says she is pre-
pared TO admire and love every thing she finds in
France.
The everlasting in Spain still continues. II is
difficult to guess at its final result
M Dupln wis occupies the presidential chair of the
Chamber Of Deputies is promoted TO the Grand Gordon
of the Legion of Honor
The health Of his majesty of England we are happy
10 learn is still improving
The celebration Of the kings birth day was uncom
monty magnificent Particulars dresses etc tomo-
row.
PARLIAMENT.-Lord Russell having POSTPONED for
week ms mouon on the letting of church lands the
torres imagine the ministry is in trouble. The Lon
don Courier June lst, acknowledges the minority De
uuons 10 remove church rates are not overwhelming
enough to extrlcate ministers from the dilemma
Among the Parliamentary notices for the evening
of June ist we notice Mr.. Roebuck's motion an ,hs
state OF the Nation. Mr.. Wallace TO move for a Sc
iect committee TO inquire into the system of bonding
goods IN the port Of London and outperls; and Mr.
Mullins, TO for select committee to INQUIRE in
to the best means Of establishing communication
by steam with India. The Poor Relief Qreland) Bill
is among the orders of the day.
meeting has been held at the Freemasons tavern
10 procure the public free admission to all the Ma.
tional Institutions. This ought to have been done
centuries ago. and not let England blush for her lib
erallty IN this respect, compared with France.
The Pans papers are absorbed with the accounts Of
the Journey of the Princess Helena and the prepara-
tons for her marriage. Ii was expected supplement
to the amnesty would appear, resulting the fines and
costs decreed by the tribunals Also that all the pro-
cess yerbeaax of violations of the law relative to the
registering of documents, and 10 the stamp duties
would be annulled, and three months delay granted
to register without payment of double duties acts re-
latlve TO the transfer of property.
According 10 the telegraphc despatch from Bor-
deaux of the Goth, Don Sebastian was al Hue.ca on
The 18th, engaged in Terrifying that place The other
news from the armies is either unmportant or con-
Trajectory but this TO show that Don Sebasti-
an does not find moving forward quite easy as his
partlsans nave anticipated.
he n MI NJ Eyvnu IL
dwelt on by some OF the opposition journals, as a
proof OF the weakness Of the ministers.
Meunler arrived at Havre on the 29th to embark on
board an American vessel bound 10 ~ Orleans.
Many Of the crops in Belgium have been cut to pie
ces by hail stones of enormous size.
The weather at Rome, up to May 18TH had been q
succession OF RAM hail and thunder and the yards
were much injured, and prices of all kinds of grain
had risen. Oil alone cheap
The latest French papers contain no news OF i'm
portance save the account the marriage etes of the
Dske of Orleans, at the Fontanebsau. The royal
marriage took place on the Both Of May.
TUESDAY EVENING MAY Cove copy the follow
ing from second edition ef the Times. The ntelli
gencc IS of great importance In a commercial point
view but we believe that the ruin impending Anne
rican commerce, viii be limited in its disastrous opera
tons and though il will be confined America
will be felt comparatively feeble this side of tn,
Atlantic.
EXPRESS FROM LIVERPOOL" Albion Office Noon
May 30.-The packet ship Roscoe, which sailed from
agreat number OF passengers, and small quantity 0
specie.
The commercial advces received by this vessel mr.,
like those previously received, extremely distressing
Failures, or rather suspensions Of payment continued
10 take place among the merchants Of New York. AL
descriptions of stock had fallen tremendously the Uni
ted States Bank shares being quoted the 9Th at o.
fall of per in day There had been runs on
the Mechanics Bank, and the Dry Dock Bank TIL,
Mechanics Bank had been able 10 meet It's engage
ments with promrttude; but the Dry Dock Bank after
having paid away 100000 dollars in specie stopped
payment on the 9Th. This proceeding had been recon
ended, the only under the circumstances by
the Presidents and Cashiers of all the CITY Banks The
Dry Dock Bank was a deposte bank OF the General
Government The stoppage of this bank had produced
quite panic among the citizens who apprehensvt
Of the solvency of other banks A continuation SAYS
the paper OF the sh of suspensions of payment
red on Saturday houses which could not obtain none,
for current purposes ceasng cash payments for tn,
time"
CRY, TWELVE O'CLOCK" The greatest anxiet,
vas produced IN the city this morning by the very dis
resslng accounts received from New York-the packe
ship Roscoe having arrived Liverpool with dates t.
the 9Th instant, inclusive The commercial cnbarrass
mens OF the Union to have increased at a very
rapid rate since the sailing Of the previous packet the
arrival OF which we noticed yesterday.
We have accounts from Lisbon Of three DAYS later
date, VIZ. OF the oath inst Senior Passos continued 70
hold the portfolios Of the different Offices nd interim
and although Ministry had not been formed il was
thought some arrangement would be effected in the
course Of few days
"Consols are steady at 81 Ii 3-s for money, ant
"A a f.We k.