Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-05-29

Correspondence Of the Herald.
NEW ORLEAHs. Nav 20

ferment by them got of the fall Of the UNI
ted States Bank. Truly is the banking system blow
ing up. The engineers have carried too much steam.
If suspension had not taken place. total failure would
have ensued l consider every bank in the Union
unable 10 pay all just demands against i;-not
now, but if years be granted, the whole posse
bancarum. What then is the country to do? Let
Congress be at once convened, and let National
Bank be at once established. Out of the six hum
bred little monsters that are siruggng life in every
direction not more than two hundred will get on
their legs again. A National Bank is only cure.
But it should be such one as will forever forbid the
interference of the government.
! Nearly all the small bill holders among the poor IN
this city, succeeded in exchanging their before
the close. Were it not for the attempt still pay
specie, should be pledding along in the old routine
The Gas Bank yesterday shut up her vaults Every
institution in the city must do so too, or wind up
The City Bank shows hands on Monday in particu-
lars. Every other Bank will be forced to follow suit
or public indignation, or something worse will find
/ the recusant.
So then, they are determined to shoot you-the
dSsardy towards But persist in the cause of truth
go fearessly and you will be sustained. Ysu are
enlisted in noble cause, and carry with you the SYM
pathies of every trne in the South. Rip up the
| unholy complottings of brokers' broken merchants,
| suspended banks, the viainous government at Wash
ington and your press will indeed be blessing to
| the poor. wish were by your side to assist you.
Dip your pen in gall and let the corrupt Wall street
PRESS and their abetors feel it's bterness the very
| quick.
No further news from Mexico. or Texas. Produce
| of all kinds dull. Cotton, cut of the question,
Correspondence the Herald
MOBILE, MAY 22nd, 1887.
There is plenty of excitement and business here, so
that the statement OF dull tines in this quarter
misrepresentation There is, if any thing, more life
in trade here, than ever bat the difficulty is in the
feverish and iucuating of current transactions
Our worthy postmaster here last week was as stiff
"as need be-" announcing that nothing but specie
would be received at the p o. and that nothing more
or less would be taken in payment as the accommo-
dalton of change was prohibited. Before the end of
he week, however, he willing receive the
of the incorporated banks fthis state like any CON-
mon man." and give printed tickets for change, just
like any common grog shop. The news received
from Washington yesterday Of Mr.. Van Buren's
change of mind respecting calling Congress together
caps the climax that the government and its off,
GERS are furnishing laughter and rdicuc enough to
keep us from getting dull.
You may probably have observed that quo tatons
of cotton from here and New Orleans were little
higher during the last few days. Do not be deceived
by this, so 10 suppose that the market is better.
The fact is, Mis apparent Improvement in the price
is eving to the greater depreciation Of the currency
and the greater arrangement Of business. If il were
ecessary, proof would be given that now sold
IL cts, to the disadvantage of the seller
than il would have been three weeks ago FOR 81 Cts
The Mississippi and Alabama boats snl continue TO
withhold their manfests until they learn whether their
consignees are gone" or not Happy times! wise
administration glorious experiment!
| The quoted prices of every article are guide at
present. -ness person acquainted with the COLA
eral circumstances Of the market with regard to that
article. Negroes fer cash, and negroes for paper
make puzling differences which negro cannotunder
stand who prices himsefaccordng to "his val1a-
| ton" A day or two since an omnibus which cost
| Sl000i New York last summer was sold here with
two sets Of harness. and pair of horses thrown into
the bargain, for $3.50. Further comment" &c.
Important information has just been received by the
| steamboat Mazeppa, from New Orleans, and the
| steamboat Champion, from Pensacola. 1t appears
that the Mexican authorities about to try rates
the captains and crews Of the julius Cesar ard ano
hervcssel which were taken few weeks since at
the time the Nachez was down there. This news is
accompanied by the fact that vessels have since
been taken by the Mexicans land some Of them large
brips) now amounting to thirteen The Boston, Nat
chez and Constellation are at Pensacola, and said
| to be preparing for a run down the Gulf and it is
certain that Captain Latimer came on here in the
Champion for men to fill the vacancies which will be
made at Pensacola. The general opinion here is,
Commander Irwin says, that there will be damn'd
| hot weather in the Gull" before ing.
The Indians come along slowly. The Champ
brought 35 yesterday and landed them at Mobile
Point, where they are all encamsed and waiting or
i ders.
There but four ships up for Liverpool. Season
over. Weather hot.
row is expected at the Theatre to night in con-
sequence Of new piece about to be produced called
The Lady's Lark" which is said TO expose certain
citizens Of this city. The piece is perfectly harmless
and nofIensive, in my opinion.
The New Theatre goes along in first rate style at
| present. Yours, &c.
New ORLEANS, May 2l.--HreHLr IMPORTANT
| FROM MExrco.-Americdn Citizens declared PIT
rates The schooner Lady Hope Capt. Amaux ar
rived last evening from Matanoras, bringing the fol-
Loving important intelligence. She left in the Bras
sos 81. Jago, 18th inst, schooners Cora, Leonidas
| Mechanic, Rob Roy, Porpoise, julius Caesar and
| Champion, detained by the Mexican authorities The