Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-01-22

held 10 bailjn $4,000, with three su'ees. This is all
ruse de suerre. He goes to join Dunconlbe on Bots
Blame The patriots are lettering about Buffalo and
the neighborRg towns in squads, not knowing what
to do with themselves. 1t is believed here that Van
Rensselaer, will yet distinguish himself; that IS if he
is not exlngusned by some false STEP
strong effort will be made, by those interested to
induce the State to extend the Eric Canal along the
shore Of Lake Erie 10 some point In Chatauque
county, say Dunkrk Petitions arc coming in for
that object But what avals all this ado about inter-
nal improvements 2 We want money capital for our
vast import trade in New York, to counterfeit AIR.
Bsdle, to arrest him in his march 10 SUP remacy IN
the money world, and the Legislature will not grant
The power TO any corporation company TO bring TO.
geher that capital Till this be done. our Efforts will
be like ling the stene OF Slsyphus 10 the top of the
mountain.
p. S. Van Rensselaer, will join Duncombe with 800
men. have this from lndabitable authority. His
arrest was q mere matter of form.
BANK ISvEsTIGATIoS-BASx OppREssIoN.-We
have heard of remarkable Of oppression caused
by several olhe banks in this city since the suspension
ofspecie payments and il is highly probable that the
memorial to the Legislature praying for an nvesuga.
ton will cover some of those cases.
A good deal Of excitement has been produced by the
efforts made by several young lawyers and ocofocos
TO bring suits against the banks and to compel them
to pay specie for their notesbut if the stories
have heard Of some of the banks be true it is time to
proceed to full investigation.
One of those remarkable instances that we have
heard of relates TO physician of this city.
On some engagements Of about $4,000, for which
no value had been received the bank in question pro-
ceeded to take advantage Of some legal quibbles and
actually turned the gentleman and his wife and ia
my out Of doors II appears that these engagements
were founded several bubble lots at Buffalo, sold
10 the person in question by confederacy of which
one reg ency spectators at Albany were tbs
prime movers. BY some secret arrangement between
he gnal projectors and the bank here, the latter
became the nominal owner of the note, and after
series Of legal manGuvres, the physician was ous,ed
Of his property and furniture and some Of the agents
ofhe very bank became the purchaser al half its usual
price.
We have heard Of several other hard-hearted trans
actions, set on foot by the banks. Several of these
establishments have sued, prosecuted, and ruined
many persons while they themselves refuse to pay
their honest debts. II is also well known that the
usurious and illegal practices of shaving netes-
cramping trade-and introducing the essence of gam
bling, have been acted on by several of the banks TO
great and extraordinary extent. liza general bank
investigation should be ordered by the legislature, it
will rebound 10 much public benefit and no harm
The aitsmp, of the Courier TO stife all enquiry may
sui tFOse WHOst utcuS udIhhSeri out hciC v WI
be no reason to permit the banks TO indulge in practi-
ces which as private individuals would effectuay de-
sroy personal character. charter is granted to
courage public good-not acts Of oppression and
fraud.
We trus, the investigation may be ordered-and
that the Memorial now circulating among The mer-
chants may get many signatures as the small note
petition.
TIE FIRE AT YosKERs.-In consequences Of the
very prevalent rumor in the city OR Saturday, that
the IRISH had set fire to and destroyed the whole Of
the little town Of Yonkers, despatched special
messenger yesterday, TO the scene Of acton 4 as
certain The facts. The report untrue in it's main
features, but not in every particular There has been
fire ihere-a tolersbly large fire for 50 small place
as Yonkers, but neither the whole town even ff-
~ houses have been burnt as dame Ramor
Making the wind h-r cost horse"
did set forth with her fifty tongues neither were the
burned buildings fred by the Irish, or by any set of
men, out of revenge, as was alleges for the hanging
OF the murderer, Hsviland. As far able TO
learn, the fire originated entirely accidentally.
All the consumable materials in old store and
wood prst MILL ere destroyed together with a very
large quantity Of grain that was stored therein There
was ala !, a saw or lumber mill consumed ~ith the adj
iacent buildings II the fire was the work OF lncendi-
aries as has been alleged, sp TO the time of our mes
senser leaving the place, one had been named ason
whom suspicion could res, nor had any circamstan-
ces transpired TO warrant conclusion that il was
other than accidental.
CArpottc OspHAS BALL-The ball for the benefit
Of the Catholic orphans. quantity called the Erna
ball, is given tongh, at Tammany Hall. number
Of very interesting and beautiful young Catholic la
dies, almost saints in their sweetness Of counenancc
and proprety Of behavior intend TO 10 present. and 10
a de like 80 many angels Of light throHgh the qua
dre or cotllion Indeed the ball Is not only cha
rable movement fer the benefit Of the orphans, but
il may be considered in the light Of publication Of
that VERY venerable" hall from the riots and
rows recently pepeua'ed there by the locofocos
and the plous unbelevers. BY this means two coed
results will be effected by one
xr How comes IL that the city taxes arc Increased
this year foil 20 per cent over that Of any preceding
one1 In general pressure and stagnaton of bus-
ness, ough, the corporation 70 increase The bur'hens
Of the public
~ The Corporation meets tonight. VIII Alder