Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-03-12
Private Correspondence

DEAR SRI take the earliest opportunity OF send
ing you circular containing information regarding ,he
cotton trade for the past year You VIII observe iat
the total stock in Liverpool 3lst December Is less by
nearly $4,000 bales while the American stock IS only
& 700 less than in 1896 The discrepancy would have
been much more but upwards OF 2o,ooo bales were IN
ezneeedlv imported and reported within the last three
days from New Orleans. aud the Atlantic ports You
will observe also, that weekly consumption ave
RACES 900 than 1886. IL may De niue iess ua
this as the spnners supposed TO nave so.h
on hand than last year. but STILL notwithstanding .ne
prostraion Of last years trade II shows progresSive
increase The opinion prevails here, that mere WHIT
little variation in the prices for soma unless during
heavy import weeks, when May quote sigh ue
cline This of course is based upon the assumption
that not much of the old crop is in the hands OF planters
The imports of Brazilian cotton, are on the oesife
The Paeha of Egypt is endeavorng to introduce the
cultivation of cotton into extensive portion OF syria
Many doubt the success OF the experiment ieseiuss
dull day on change but OF course 'ne naas'ui
season of the wear prevented business beng Done.
We are glad TO see the commercial horizon brighten
ing The gloom, which has so long spread It's "isurky
hue" the faces of some otthe American nercha's,
has disappeared The Browns are still only wlhoihs
up their old transactions The business when use 10
pass through their hands seeks other channels he
old established monepoes OF American business nave
crurbled pieces. and other houses are rising on
rnns Thus we 90. Your merchants have gained tor
themselves imperishabe honor Beset as they WERE
on every hand by difficulties. well as prosecuted oy
the Executive, their anxiety TO pay on he,r foreign IN
debtedness has been above all praise. The Lonaon
Morning Post and other tory papers OF resPecta3'y,
have passed panegyrcs not usually indulgso !ory
writer's There is only one exception here-the Liver
pool Mail whose rabd attacks are beneath contempt
but for one circumstance. The who does the dirty
work for the Mail is mainly supported by Amer,eans
Major Noah used boast of him as his talented Euro
pean CORE spondent He is the man who has dared 70
libel New York merchants and say their name Will De
hereafter synonymous with that OF sharks and tnou
sand other opprobro epthets, which shall not re-
neat lf Major Noah dees cashier the migrate IN
The New York merchants had better cashier the
Major Bat am going on the hypothesis that the Eve
ming Star still twnkles-I have not seen 1t here LOT Sc
veral weeks. n.
Your paper is highly priced for its Wal street arti-
cle, The most of your editors to knew as much
about finance Newton's Principle No wonder, then
your paper is sought after, when the olundering wall
street papers contain such nonsense oeverai Oh my
friends here have been nqurng how they may procure
it, One of our agents, Mr. AylIner, Is, under
stasd going TO make arrangements with yea Tor regu
lar supplv As to Van Buren's Message, shall not
saw n word but YOU will see the different statements OF
The newspapers pro and The victory ever the
loco(ocos and agrarians of New York gave great sas
faction II is suspected that TINS eveh' VIM my 49,
the ltle magician give his ueto like my predeces-
.or" When are your states going TO dc Justice 10 those
banks who resume specie pay mems Let ,he IRE
deemabls rag money ana De M ,ho
TophL Many Of the broken banks must go 6y she
hoard sooner or ater-what them the good oil defer
ring an evil which be met To allow these banks
10 circulate worthless ragsi only iraud sPsn the no
nex trader The state loan contemplated by the New
YORK legislature will no doubt promote the resumption
As TO Thea,ricals have little time to say any thrg
Pante,nimes are the order oil the day al the MAJOR
ard minor theatres for the qualification OF the little
uns" who are At home with their PaPas and nana:'
spending the Holidays. and stufiing themselves with
Christmas pie Kean is engaged by Bum TO appear at
Iordon on the 5th for 40 nights ESQ night There
in no doubt of his he Is much improved since
saw him four years ago. He told me when IN Edin-
borough some oHths ago that he intended next season
10 vis, 20 his American friends OF whom he speaks
in the highest terms The kind reception he met with
inspired ne said for the first time with hope OF uiti-
mate success Balls intends paying yeu visit IN Sep
tcmber next observe thai Mr.. Joseph Wood has
maid dear fer his spit at Dr. Hart 5000 dollars is nice
tune to sing up There but one opinion here about
Woods attack on the poor reporter he was no doubt
greatly exasperaed by Webbs attacks, out ne Iorgo'
himself entirely in assaulting the reporter Had ne
bersevbipped Colonel Cophide Webb no one would
have found fault a. this would only be paying the brag
CERT in his own base metal The last affair oil homer
1ueyy dishonor in which Webb was engaged WIN tne
Mississippi Gentleman. Mr. Ghoson exc,tea the rsioe
muscles OF the Americans here 10 considerable extent
Those who do not know Colonel Webb, wonder wnat
Kind OF fellow he is" so high up say they' an he
army and SO lone doom in moral courage" IND must
conclude as the letter bag 0the Orpheuseaves mere IN
half an hour. With the compliments OF The seassh' ana
Yours very respectfully.
w. Is. M.