Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-02-12

NEW JOINT STocK CoNPANy.-ln the Courier and
Enquirer Of last Monday, the reader, after searching
with his speetaces though vast prairie of old, un-
payable advertisements, scattered over twenty eight
barren columns of that paper, may probably STUN
bic upon The following -
NOTICE Is HEREBY GIVEN. that a. apgJic. Ion will
be made the Legislature OF the of New York
os authorize the Proprietor OF The Morning Courier and
essos cco '"S'' o. i''ee ''''''e' '00''"' '0''''
This is not the first time that my friend COL Webb
has started the same project. few months previous
To the famous loan of $50 600 in 1850 he made out
similar programme and showed it TO several ope-
rators in stocks in Wall street. Whenever the Cou
gets into financial difficulties and its receipts are
unequal TO IFS expenses, the gallant proprietor inva-
nably wants t. turn il into Joint stock company.
In these days, DIR. Bidde came along the way side
from Dan to Besrsheba, and his pockets happened to
be full ike the wells of living water running DER in
golden streams With the aid Of Major Noah, (who
has collected Of late little tribute from his people
that he has put in a claim Of 500 against me, for
editing his paper) the proprietor contrved to raise
the wind in that year, and so We heard no more Of
the Joint stock company.
Bot oflate times have changed. Various speculatcns
IN East Boston lots Morris Canal Long Island farms,
and God knows what else besides, have shattered
not only the Courier but every other large paper in
Wall street. The almost entire cessation Of the ad
vertsing business has pu, them on their beam ends
In periods Of prosperity they expanded their size be-
yond moderaon-they feel the effects OF that mnru-
dence now. Yet are disposed to ad and as.is,
Mr.. webbs project We hope the legislature msv
grant him charter by all means. l want 10 see the
new stock IN market As soon as il gets introduced
nto the Board OF Brokers' mean TO 20 10 work and
make corner init l think could purchase a
majority Of the shares at 80 per cent under par the
moment the charter is in operation.
All badiaage apart and TO b. serious-very serious.
l have better project to make to the Colonel Let
him curia one third least Of his sze-let him ex
cude all advertisements over year old-le him re.
duce his ship news expenses-lct him rise By day
light as do and make oil his employees work as he
hnsef ought to do-let him give expensive dinner,
and expend less in foolish poliucs-let him drink
CIDER and water as do-cxcept a dinner az I recent
iy gave BY way OF psttcrn-let him be pioss God
fearing, and benevolent ~ ] am-lct him do all this
and " mon'h I'll warrant he will never again thinl
al turning his unwiedly, expensive tocrinq concerr
into a Joia, Stock Company merely TO save from
the fate that 10 hanging over ils head like the SWORD
OF Damoclcs over the guests at the kings table
These are the days OF contraction and curtsllmcnt
not Of new charters, bubbles and spscuations
Yet would give him a charter If il can save hi
sou and hspe that the Legislature will pass il forth
with.
CT Madam. Dsusmont (Fasny wriehu !, .bsu, "a
lecture upcs History, Politics and Phoso ply al Gin
cinnsu.