Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-11-13
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SUNDAY. Nov l2 Il u MI

Sunday, Nov. lie, 6 II. MI.
1t than years since began these money
market articles From brief and modest b ginnng-nere
hints the sujecthe5 have, by industry
Dor, grown up Importance influence popularity and
Before day, regular daily report OF the rloney
market conducted the prime piles analysis and geneta
zaon had been attempted this country la London
this branch Of busy life Is element Oft daily
na-asd in Paris science of commerce. currency and
public well understood and frequently explained
After the daily labor-neyer ending tring-of
years and six moahs, have the satisfaction receive
substantial appreciation not only of this great county, b "a
every public oarnil OF emnence in London, Paris ar
Liverpool Some of the leading financial Journals in London
have, By chance, labors in that metropolis and,
uenced alone by their internal merits have their
able productions asking in exchange This has also
place with several the leading philosophical
| merca journals Of Paris and Uavre.
The popularity which this series Of papers the currency
the United States has attained has been earned without
much labor and prodgisus research For fifteen years
engaged in collecting, preparing, and arranging
rails this work We began the Development, III financial
science, period Of comparative public igporaact ard in
and So when the commercial world possessed
revulsion fearlesy told them The
plorae ignorance in whch all commercial movements OF
general character had been involved prevented the public
mind from understanding views, realsng pred
tons. 81 that period many have acknowledged
they followed the doctrines OF The Herald in financial
much ruis and degradation might have been avoided.
But money market reports all During the last
few months by association and of other
minds possessing ntes and capacities similar
begun series Of reports the Cotton
the Tobacco Trade-ihe Goal Trade-ans General Trade
that Will in short time, produce saluary action the
cal affairs money market reports addition
to these preparing and regular repor.
Manufacturers sub eet hitherto entirely neglected. by
paper writer's and which much Ignorance prevails To
this interesting subject shall apply the process OF
analysis and generalization, which have given popuar
~ and utility 10 all other This will be the great
ercal AMI manufacturing country in the world and
by combination and original minds directed the
development classification and arrangement of all the facts
that daily monthly occur cam process of time,
municate the machine prscon and equality Of action
without parallel in any other country. knowledge il
power" well knowa aphorism in physical and mental
science The axiom holds good in
The political revolution in this and
the country thebegnnng Of IN trade, eney
commerce and element Of Industry Since the revu
sion have been the only print in this city that has unina
enced by political mania steadily ahead and aided and
assisted Ia the revival OF commercial confidence The editors
of Wall street unequal to the ssk-were they willing
industrious ough aualyze commercial i've
clear Insight into is by The
elaborate Developments have made every
have excited their envy and jealousy What they
reach, they call "pyng into affairs of merchants and ban
kers" We do pry into these affairs, and will continue
pry into these important affairs BY pryngn Bto the pbe
nomena Of nature the Newton discovered the law
grayaion Nokaowiedge, SKILL science philosophy
can be acquired even future genera
without pryng into facts, theories, and Probs bes
We shall therefore, continue system al aBsyz and
gaDcraxng the multudnous phonemeua Of commerce. No
country age favorable for the elevation Of he
business Of lie to true science the In few weeks
great OF the banks Of the country will be bsd in
this city Vast and mighty interests hang upon the
Mems minsnens businesses all afoat We
steady and distinct poip. OF departure upon future
with aud wealth unbounded This country,
ia its commerce. trade, industry youag buoyan
erstand thr have navigate, will make
prosp voysge fate may be like the un.
fortunate Home.
new banks by several associations Wall street
One project bank of s35 OOooos capital the
cgsa,ureanohsr Lnence the President he
may recommend national institution Of 5ooon0o: The
opinion gains ground that The resumption Of specie yment
will he postponed for aoother year. II Is believed the
bank interest large aorty In the legislature and
that The banks desire H. he suspension law and all Tie
| stop laws viii be confined another year.
great effort is making among portion ofhe banks
10 their paper issues The election
voraUie this policy, il puts il entirely in the power of
these banks continue the uspenson Many banks
have always bcea favor ~ large issue paper the
Of unanimiy there coud be regular act on
Consultations daily held among directors and asn-
ciers respecting this policy The effect ofan paper
would he give add onsl impulse prices Aresdy we
have b, ard ba building lots which would .e before the
election for s40 readily fetch private sale $685.
We are the Of and sNtraord nary Move.
men,s ID m-sey Every fact indicates Ii We shall
watch and report progress honestly and fatury This week
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