Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-08-12


From our Evening Edition Of yesterday
Friday, Aug. II, p. NJ.
Well 40 far as we know Mr. Bidde has himself into
the aectionae of the Pennsylvania legislature The
passed. and his bank the pains
of dishonesty Why this There has been some
msmanagement somewhere Rumor sayshe would have re-
sumed spece payments but that he was prevented oy e
ersmen the government would ransacA easen
and earth 10 PROSTATE powerful enemy Had mr.. Dioaie
10 earn disposition this day! why da ne MOI Po'ue
against the enmity of the government
II said that the has collected such heavy
amount of claims bank that the very moment he
ould have resumption il would have pounced
upon hn and compelled him close up shell out This
was TO be expected and when il debated month in
the bank parlor Philadelphia whether the corporation
sou paw its Just debts conaue swim lie the public like
her noble sisters work." idea of difficulty
this score entertained Every child whs could read,
knew that would endeavor crush Bank
but supposed the Bank had the power foil its attempts
did the power and has II has millions of pro.
fits It's vaults that would all demands against the nsu.
ton sight.
Mr. Bdde will feel very silly find his plea of the enmity
of government laid tie table by legislature
For any good that his Institution the country might
well be broken up. The perncous counsels OF sfos
specializing his board lave prevail ed over honesty
rectude for hear that the Presidents
disregarded. -,
Bsfore the currency shall be rghed again. the pubic VIII
have opportunity of seeing whether merchah's anu uae
Eor we have dou long SINCE Now and then
yeu meet among thsusand mercnan out ahe
the the boards OF direction OF the New
adephia Baltimore Orleans Banks, and the number
az men in them .pae OF grapng the subject Of the curren
v and acting on il, diminished proportion; scarce
K as to The late crisis has provedt They have been
weighed and found wanting Even Mr. Biddle @id mol unuer
stand position of the country he was controlled oy
the block heads that often disgrace the DAM
par1ors of money corporations
For reasonable purposes the war between he govern
eu and The United Bank be considered TO be at
an end The Cover conquered and has placed its
foot upon the neck the offending institution Mr. Biddle
from the beginning the goat the shoulders and
horns of whom present oxike party have sprung into
power Every body that the government has the as
cendancy councils Pennsylvania and the sentence Of
the United Bank already written, only awaiting the
lime Cor heing pronounced. 1t is true circumstances
10 thwart execution OF the sentence, but we
80, % much Tor the United States Bank and Its renown-
ed fnancer, Nicholas Bddle!
Now for The Treasury Bank. The nation will have enough
10 oppose and fight the scheme AS TOT our
ve we are willing something should be done 10 restore
sound and heahu currency and drive out Oh Tue
aomnae and dishonest system OF swndhns chea
ing and Robbery The cooperate institutions supplying e
nnbc h deprecated paper are no better In idc ah inc
~ keeper who may issue hundred dollars worm
OF shin plasters and then run away we sha not rest TN m
Good banks If there any, shall resume The cohauoh o
the country require the rule OF dishonesty ana e
hanks will find il out their sorrow II they persist
TIL. NOTES Of the Upper Canada Bank are at premium In
This city, This with good many Of the JOINT s'oeh
hanks neghbors Were our banks to resume poiu
w. anraly m with determination TO do it at any sacrihcr
nubic confidence would return We see the Canada
and preeriag to do moderate business In
fairness and integrity Why do the same Or
they so stepped corruption that they cannot ind IN their
hearts,
Illinois has the She proposes to pay the IN
eres on her debt specie This right That she should
have lie sased suspension, matter OF wonder seeing
that she faith with the foreign creditor Herctzens
have a rgt equally protected But il they submit to
raous sustain set Of moned corporatons-the
fau rests with themselves The fact indicates low ebb in
the public morals.
Not with refusing redeem their notes, many OF
these corporations will comply with the law requir
ing returns on OF every onth The Argus OF
day says that the for the first OF August from the
following banks reached the Secretarys office the
9Th
Commercial Bank OF Albany, Lewis County Bank,
Merchants Bank oil New York, Wayne County Bank,
Commercial Bank Of Buffalo, Chenung Canal Bank
What's Are these banks so immersed In specua
TONS that they spare their clerks make up their
tnrns These denquen ought be held the indigna
ton public for their datery conduct The whole
Union looking New York only for resumption but for
correct banking. Come be up gentlemen directors,
shall not be sparing OF you.
Stocks arr dow to day