The herald., 1837-05-01
From the Weekly Herald Of April %. ]
News OF the Week.

but SySlemS principles anu modes OF business are
changed altered, or renovated.
The week that has just passed has been eventul-
both at home and abroad
: Our intelligence from England and France pos
ssses the edeepest interest for US in this country The
commercial revolution is sweeping over those coun-
tries with vengeance-but particularly in Eng and
At the last accounts her banking and manufacturing
systems were on the verge of great explosion, in
conseqsenc ofthe extraordinary deveopements made
of the condition of the American trade. In politics.
every thing was quiet but if the commercial troubles
increase the activity ofpoltica feeling would also IN
crease The government squet-apparenty march
ing along in the old pace which IT received IN 1883
when tse revolution mania of 1910 subsidized into a
settled system The effect of sudden dlsorganiza
ton in the commercial affairs of England would be
the signal for entire change in her political system
That again, would affect the action OF public opmon
in France. And thus are the civilized communities
connected together.
From France we have very little political news Of
any Importance Louis Philippe IS not yet assasslna-
ted although three four attempts have been made.
1t is highly probable that the spirit will not abate-
The high morbid feeling developed IN France IN rela
ton to politics. has prevailed on former occasions
among that Singularly original people Who can for
get the terrible contests between the Catholics and
Hugueno,s in the fifteenth century? In those days
political feeling produced the same mania for assass-
nation which we see now Ravaillac only was more
successful than Albaud or his associates. There are
two principles at war in the public mind in France
the legitimate and the representative principle. The
contest will be prolonged till some one attans the
mastery Till then may expect attempts upon the
life of the king well popular cnlcutes in the cap
tai and provincial towns
In France trade is dull but the revulslon is very
feeble compared TO the reaction in England France
since the era Of the republic has traded principally
on a specie capital. They deal in little paper
and trust less to it. The merchants OF France
in body cannot break, can Their banks stop spe-
Gle payment. Why! Because the former are eau
tous and seldom trade on borrowed capitalize latter
do not exist, except one, the Bank of France which
is no monster and has few big claws.
From the other sections of Europe we have moth
ing new The Pope OF Rome is probably embroder-
ing pelticoats for the blessed vrgn-Nicholas of
Russia reviewing his army-Christina of Spain re-
viewing her lovers-the rest asleep-except Nah
moud, who is now the only sensible man in Europe
that a crown though only bar barian of
modern breed.
Wehaye little news from South America. Mexico
and Texas appear to be 40 they were-scarcely know
ing what to do, when to fight each v,',s-
But the news in our own land is the most import
ant During the week most original philosophical
discovery has been made, which developes new
prneiple in the order of nature entirely In another
part Of our paper will be found scientific description
of this phenomenon, from the pen of Professor Sill
man of New Haven. We have also added several
popular descriptions of the new principle and its ap-
pcability to all the arts of life.
We desire our readers particularly read and study
the account of the electromagnetic machine
From Washington and Albany we have nothing
new In relation to the present state sf commercial
affairs, matters have taken and are taking a more
gloomy direction. A large and excited meeting has
been held in the Masonic Hall-a committee Of fifty
appointed 10 20 to Washington-but II is doubtful
whether one half will 60 in consequence of the dread
that the sherIffs of other states might be called into
reausition. II is not believed that Mr.. Van Buren,
will act at all on the sasject Of the specie circular
Even his friends here begin to think him poor mise
rablc creature without spark Of moral courage sufi
Gent TO give him an impulse follow his own better
opinions
Another meeting is preparing to be held in the
Park on Wednesday next and il is probable that we
shall have few meetings too many before the sum
mer shall have elapsed.
The Legislature has proposed to adjourn at an early
day since the lst of January this venerable body
has been in session, working all the time, yet they
have no, finished single bill of consequence during
the whole period. They have made reports on every
subject and on every side Of every subject They have
debated the whole session on banks and the currency
Bat they have done nothing passed nothing-and
are nothing.
In our good city times are little out OF JOINT,
but hardly so much as they will be. Merchantsarc
falinp-prces are faling-laborers turned out of
employment business growing dull--the banks
trembhng-furnturc selling off chcap-houses want
ins tenants-rens coming down-and the ladies pro-
menadng Broadway, looking more beautiful and en-
onginc than ever. II would really appear that the
activity and energy caused by public distress, give
nm additional charm to the female face divine, while
il improves vastly their knowledge OF political econo-
nv. ~ am very much asonishcd, said beautiful
voun0 lady the other day. "that people complain Of
the banks not letting out money Why dent people
do a. do1 got half eagles and half dollars from
nooo and find the dry goods merchants in Broad
,vsv. take them Just as readily as they formerly did
bank notes."
An amorous young swan was asked now ne nkeu
,nro,tv vonng lady 10 whom he had been paying his
sppaocts lie answered; egad she looked so sweet
-.,alt. ,hot I caught myself SAYING grace over