Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-09-21

Estimated revenue up 10 Soth Sept.
VFVf<FV
Si6sTO
Actual dckciercy

Actual dckciercy $l6,a70
LAST there surplus os75Oooo the canals
alone, which employed in the purchase Of the sochs
year deficiency OF Si6s7o.
another evidence Of the decline Of trade snd the
the reyuson, learn that many of the
banks preparing give up their charters This is
sble for will clear OF the way, the rubbish,
mercantile 90 work system
rebuild the whole machine Of trade.
The mos, eheeua element in the recovery oorder viii how
be- passage BY the House Representa-
tyes OF the three practical passed by the Senate
The effect would be medium OF exchange,
both foreign domestic available purposes
The $2Oo0eOO of Treasury notes. issued would
premium Of 10 per They bear interest per
per These by rapid circulation would pay
domestic debts equal $50 three four nont
The southern and States would be enabled n issued
partly there, ceavat bills OF exchange qni-
their outstanding balances due New York As the
Of trade tends towards this would the Trea-
sury also tend From this point they wond be picked
up England rcmitances and there they would
command high premium both from their heavy interest," and
from plenness Of capital In London Money seeking
there TO A per cent interest The securities
United States government would be preferred that
any public securities in Europe. They would be quoted
mcdiately above United States bank bonds
The fresh attempt made give the guarantee Of govern
the United States Bank, by making the sole depos-
e bank appears with encouragement Congress
The reasoning Of John G. Calhoun reported his speech
paothed exclusively by to day. pereoy conclusive
this head.
The three great already mentioned the only
worth moments hoaghin Congress The project Of
scpa of the and all banking institutions
sssifer Jack o. Lanterns humhug. The government Is
separated divorced The great purpose Of
and nancicrs should be tic hcay fo x
elensa Of The merchants have nearly
crwhod-,he banks ruredhc government made bankrupt.
Every nisg has been Tor dix months 10 confusion disorder
The midst OF plenty OF specie sound banks toerabe GO
yernfDent-aa industrious people-and a soil and elm
the best that God made the slone upon
We have all the elements Of wealth and prosperity All
their divorce from all species OF political coundre and their
baal rccon'rscton solid basis Let the COED banks
specie psymessst the bad and surrender their
carers and 20 to the devil general government
is credits IN sufficient pay its debts and
bs agent n oresn AMI domestic exchange. Let the
SKATE governments follow in the path
tire system Of hnsnce We want great pa,io.a bank
f fnu action Treasury notes do In the present
scy. Bal this National Bank can't get from Congress-
vast then, Is to be done TO follow up The probable action of
Congress. AMI provide isr the oture Lei The se of Nov
Yma establish great State Bark, OF sssooCe or $50 600
o. caga- regulate the exchanges Of whole csuury and
raske s ci the monetary Of the Union n this
john G. Calhoun will get in
t, ami tcn the great Of the forev. trade o,,
Co. He right TO- southern man-but we are c,ol. a,
ror,hera mcn, ~ we let hun
sales ~ the stock Exchange.