Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-06-28
MORNING HERALD.


Iwri,e this by the Sirius, which sails from Cork
ON the 3lst instant but the bulk Of my letters and
papers will despatch by the Great Western, which
sails on the I'd Of June. You will probably receive
the latter before the former. The Western is un-
doabiedly faster ship than the Sirius the British
Queen will be the fastest ship of all, expected,
seon ss she is ready for sea.
have been delighted thus far. l attended the
launch Of the British Queen on Thursday last and
had an invitation to the dinner and ball given in the
evening On that occasion l had an introduction TO
the Hon. f. L. Bulwer, Maurice OCennell 1.-THE son
of the great Dan o, and several other distinguished
public characters. had special invitations from
these and many other gentlemen to call ana see
them-alI of which shall avail myself IN due
time.
Since nv arrival here have been studying the ma
ture and modes of the commercial system-the
springs of the money market-and the history Of its
movements as affecting the American trade. l nave
collected great many important facts, which shall
enuuera,e and gensralze more particularly IN my
correspondence 10 be sent by the Great Western
The city Londen is the great centre OF the money
maraet of The world Every great movement here
affects us the water in greater degree than
people imagine. have had interviews and attended
dinner parties given By several eminent merchants
and financiers. Their curiosity TO know the CON-
msrcial position of the United States is very high
AT this moment are more interesting nation
10 the people of England than any former period OF
history The commercial intercourse OF the United
States and England is greater than that o. any other
two nations and hence the importance of oar coun
Try to this. The whole frame OF society here l. arf-
cial in the highest degree. The wealth and income
of the landed astocracy depend altogether or near
w. on the success of it's commercial and manuiae-
turing pursuits revulsion in trade, or revolution
in the currency such we have experienced, would,
in this country inevitably breed revolution in the
government.
shall devote much Of my time TO the study Of the
living less to that of the dead The old castles, and
ruined palaces, end singular sights, shall leave &c
smother opportunity. The slate Of society here So
cial, commercial political, religious literary and phi
Iosophical ore the most interesting TO us. In many
respects we are superior the Englshn others in.
feror-bu in extent of country, natural scenery ply
steal resources, and all the elements ola great nation,
we are superior, not only to England, but to the
greatest nation on this earth.
The British Queen is going round TO Scotland TO
oct her engines 1t seems the Scotch are the best en-
zine makers and the beat engineers On the evening
of the ball given at the launch whilst talking on this
subject with Mr.. OConnell, he remarked with the
characteristic wit of the famiy-"the Irish are too
sprigh.ly for engineersthe English too thck-head-
ei-but the Scotch have that GOODNESS and sang
fyo;d which make them the best engineers we have"
Is A captal illustration! y said land 50 il was.
/ have a great mind to remain on this side of the
water ,l the British Queen goes cut. think II Is high
ly probable that numbers of the nobility and gentry
will 20 out to spend the autumn in the United States
Liverpool is taking to establish steam lines
Immediately and by the summer OF next year, there
cannot be doubt but the intercourse of the two
continents will be greater closer, and nearer than u
has been. The effect on commercial and social al
fn,rs il now incalculablc. The newspapers here dom
.ay much about it, but the sensation which pervades
all classes Of society deep and powerful. II is
singular fact that the newspapers here are IN many
respects behind the spirit Of their readers The man.
ner in which the Money articles Of the London Jour-
mails are got up s quite amusing. l shall describe II
on another occasion. Their blun1ers and ignorance
ON these subjects, and particularly regards the unl
ted States, are excessive. How different is the pro-
cess in our country! u.
ImpoarAvT FROM WAsarscroS-We announce
the receipt OF intelligence by the rail road line OF yes
terday that the question Of reconsideration OF the
L. - .<af.~