Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-04-18

THE FIRST GUH.-The signal has been given. the
FIRST movement towards TO wholesome system,
the banner displayed, and notice given that the Banks
are ready conform the provisions OF the legislature
and that specie payments will commence the 10th
May ensuing 1t is TO this effect:
NEW YORK. April 10TH 1888
Al meeting of the Delegates of the City and Country
Banks of the State of New York, held in this City,
this day. the following preamble and resolution were
unanimously adopted and ordered TO be published
WHEREAS the Law which legalized the suspension of
Specie Payments will expire, by it. own limitation on
the 10th of May next, and whereas the effects OF
sumption considerations which more properly per-
tain to the Legislature than 10 the Banks; therefore,
without attempting foresee what the effects may be,
but hoping they may be injurious 10 the commerce.
and industry Of the State, and with determination 70
render those interests all the assistance which shall
be found compatible with discharge of our legal obi
gstions
Resolved That the Banks this State be recommend.
ed 10 resume Specie Payments or before the 10th
day of May next
C. w. LAWRENCE, Chairman.
w. M. VERMiLYE, Secretary.
We perceive that the Journal Of Commerce and the
Nep York Express the only two papers who have
been favored with a communication Of this document
and we shsulo like know the OF such partial
y. No paper in the country has been anxious 10
aid the banks during the awful crisis they have gone
through or 10 lend its efforts explain the difficulties
by which they were surrounded than The Herald and
TO il they are indebted for correct notions oil IL
nance and the general application of its principles all
over the country. There is no paper whose opinions
and facts are sought for with much avdiy and read
with so much confidence and conviction And yet we
see Mr.. Cornelius Lawrence exhibiting his pal,ry feel
inrs and narrow mind in giving us the goby. and select
ing two Of the ignorant imbece stupid ana
corrupt papers Of the whole corrupt stupid, imbece
ignorant and rotten Wall street gang-bankrupt in
means and reputation, and only living on the counte-
nance thus surreputiousy and unusty extended TO-
wards them BUTT is all of piece with the whole con-
duct of these would be geniuses who children
in finance and whose only knowledge Of its philosophy
in stolen from our columns. We shall have oppor-
,uni,y Of making these gentry acquainted with
icuar opno. of them, of these fine mornings that
coming
THE sTrAMsHIPs-The SIRIUS has yet arrived,
but is expected hourly and only il, but the Columbus
also which made preparations for departure for New
York rs soon the advertisement OF the former aP
peared As We stated yesterday afternoon preparations
are making to receive the first conner, a great
scale rs the forerunner Of in steam navigation
Every one 10 on the qu virs with anxiety and interest
A few hours will set the aaestion at rest
Further-we learn that the Committee OF the Com
mos Council appointed last evening TO receive the
First Steamer that the Atlantic to New York
had correspondence with the British Consul of this
pert and that by their mutual arrangements the SIRIUS
on her arrvawil anchor in the North River-and that
q series OF splendid solenntes are about being de
vsed to celebrate this great aad extraordinary in
the history Of the age.
Another and another still succeeds Since writing
the foregoing remarks have been politely favored
with the accompanying letter which proves that another
steamship is its way out to New York, making the
third that We know be route The famous song
ans the porid Paris will have to be altered TO All A'
ssrlds in Nsr York The the merrier-we have
ample room and verge enough for all that
SHEFFIELD, 18th March, 1888.
Ma. THos. JAS. Woop-
Sn-Yom obhgng order Of the 9Th January is
now nearly complete, aad we write TO apprze you
that IL will be forwarded In a cask marked T. j. W.,
No z, 10 the care of Messrs Sands q Co. Of Liver
pool, 20 be shipped TO you per the South America
steam packet appointed TO sail on the LIST Apn next.
We think It better 10 advise you thus early by the
Columbus that you may have ample time to eject
the insurance the amount which will be nett about
flp5 We shall have the pleasure Of addressing you
again with invoice by the South Amerca-and await
Tag the favor Of your renewed orders which II will
be the anxious desire and aim Of new firm to exc
cute with the utmost and attention TO your IN
struciions and interests Weare, Sir
Your obliged obd't servts.
FESToS d MARsDESs,
Late Wh STAIry