Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-06-18

pears on horseback bat though she 10 fond Of horse
nanship she has not acquired The highest grace in
the art. Since her first appearances ON horseback,
ladies' Of high rank are frequently seen in the Parks
Before that period, consdered improper for Ia
dies Of rank TO appear on horseback.
What coatrast-what wide gulf exists between
the fashiona bic society in New York and London!-
Among other matters intend 10 collect all the living
lneaments and peculiares ffashionablesocety both
in London and Paris and describe them as accurately
possible. Such descriptions properly prepafedmay
be Of some utility TO the gay peopleofNew fork' VINO
are sadly deficient in some points, although 'oiefaoe
in others. There is a calmness and repose here IN
good society which is only characteristic OF those
whose rank and position, either in art or arms, are
knswn and admitted. On the other hand there IS
grea deal of frvo,y form, insnceriy, and want OF
Imagination and originality. One OF the great ele-
ments Of English high society, is expensive and
splendid estab ishments such as houses, furniture,
horses carriages. Their dress and personal decora-
lions are not so gaudy or expensive as ours are IN
New York. Unless on state occasions. the dress OF
gentlemen is very simple-so of the ladies' with The
exception of splendid jewellery People OF high rank
never promenade as they do in Paris. They are
ever in their carriages their houses, or on horseback
The middng ind lower classes alone walk in the
streets, or promenade the Parks But of all this,
minute and full details in future. shall endeavor to
furnish my readers with such sketches of society
here, as they never had before. Society in New
York is in q state Of transition and improvement
Now is the time to aid the building of the temple
Adeu. B.
MosEY Of The principal objects Of my visit
bearings Of the money Of Loadon phs
The Of the mosey market IL New York during
impulses received this eiy The eurt.nen.: q ,hs
ann OF England brought the Revision OF 1887 and the fall
impulse and about set by certain houses
in Wall street, were comm nicsted from this quarter
money market For The last week been engaged in
he %
full Ihave losg conversations and interviews with many
IA ssd ns Of There
ordinary desire 10 receive Information Of eur trade
sss ne
commcci, intelligence q The Lonaoa press as
made Of numerous was somewhat astonlshed TO
ss We: csss been told
Inc Boursein Paris, i Is equally well known
iIrse soasecuiiye years Ihsve give in New York.
viii he 4. very
h ogh The 9 o0 soSo1 sdS
insulated position here Some of the leading London money
are merely The rs,ss q the opinions Of brokers
who are by their own An
' The Iossn money market !. quiet The
card snd & eat deny resisine their assets None Of
s: a. s' only s @ he
hes however received certain nsalmens on their account
lis now generally relieved and admitted among meniea
that The Engsnd IN the SUMNER o. lsss pursu
trade Tss policy adopted The smpesons Of the Bank
sS y .Sss II o Se u
bank the nancisrs capitalists The decrease was
export o.. 20 he UssS States
1t sGS Se ssssn
r.: : Sr:u an E. Sank q
made W the private and ois stock banks II Is cacualed
5 ss :s Ga Of :esss
SING p!sr nov sds,,ss here ,Sss The ccndse, Of
Gle sposis thai The specie circular bad The United
The ~. ssa s sG &c
perasd ssA the press heightened drew as much specie from
pcssS hs Sse%
during The year 1855 ali Of which principally drawn from
;Ss ns
opeaos The specie circular aad the distributor lay In
country Esgland BY their join action, The specie
: ss ca anu soss 10 Ss basis
% ed,s and additional In lands cotton and
fhus win ina. The leading aturss Of rs crisis
both in England United states, sngslary idsn
teal am satisfied that they preserved from
revulsion 10 this country only from the rapid and ready
between dHerent parts OF The
Kne a. IN and Of Europe. The Influx Of pecie lite
was which began in May, 1887, frcm ry the
rs gave them the feeling Of and returning
their issues rather whou, ens,gng 'h.ir paper issues,
loaned the specie gold which had been absractsd In the
panic from the Baak OF England This god found lis
way 10 London, and sccordIngiy accomplished IN few
months from millions sterling isrue that specie
flowed London south and North America bot the
sggregse imports OF specie into England for several
equal the extraordinary accumulation OF ak
millions Sc Ring which took plaeein q few months
have The facts which these views sre founded
from perience and equal Intelligence. They
have been pubhed IN any % me because
ledge general financial science It's sac that the best
practical hsanesrs here Yankees or educated IN Yankee
Frou hsss views will the action Of monetary
sHsr in Euksnd usrIy identical with those OF the
Uat States The scattering Of the specie basis In both
countries 70 the various districts around
was The csusr OF The alarm here Of the psnc and
vuon on The other side The Sank OF kngisnd acted rs
euar anty American trade In 1855 ~ did the nancier
Al washington In the currency Of the Uaihd sases
The present condition OF ssirs deeply interest
nr have already said that the three embarrassed Ameri
cas- houses made dvidend except that OF Mr. Wig
gins fnd there great difficulty In mailing collections,
nonss and for several months past has he.n great
certain houses for the po<se OF the
Ameesn trade II IL believed that the trade NJ New
no6sbs ever vet and the for the paa
vii, be oporona the prize. Since the spring OF 1887
Mr. Bdde his agencies here sHd in Livcrpsp have
sy ssg Isrsd e sy ~ u.a ns hs
Of The Rsrps with Prime Co Of Wall street.
and OF certain portion OF here
wares Mr. Middle his bank. snew estimated thai
aff n