Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-04-02
MORNING HERAL d.


news
Marshall on Friday night, about 80 miles outside the
Hook, and brought our files yesterday afternoon
in advance of all the other papers. The EUROPE LETT
Liverpool on the LIST March, and brings us Lverpooi
dates of that day, and London papers OF the zotn
February. The only article of political Importance
is the notice taken by the House of Commons OF Mr.
OConnslPs abuse of that body, and the overwhem-
ing defeat of the ministers, in endeaVoHng 10 snela
their auxiliary by whose influence over tne irisn
members they are kept IN their places
In financial money matters, we nave in'e'ii-
xence Of deep importance. American stocks ana Anne
Iican securities are fighting their way 10 commence IN
England against all opposition This can be seen IN
the annexed interesting extracts from 'he a'es Lon
don Bankers Circular:"-
DrRrs OF THE UNITED STATES AND PRosrEcrs OF
pAYmENr-Ma BIpDLE.-We dc not deny that Mr..
Biddle's conduct as banking funconary may be fit
" ted as the bold rather than the limid
rev and cautious course of conducting banking Ope-
raons; but it is precisely the same system as that
which has conducted every one of cur large establish
ments in England and Scotland to opulence and UNI
doubted responsibility for the largest engagements
In London, Edinburgh, Glasgow, Liverpool and Man
chester there is not one exception to thls-having
regard when we say so, to the emiRence Of station
which every such bank respectively occupies.
The suspicious attitude recently assumed by the
Bank of England with regard to an extended money
traffic with the United States and enlarged dealings
in the public securities of that country is weghter
subject than the foregoing and is far too important
for to notice deliberately on the present occasion.
1t will be remembered, however, that we have fire.
quenty pointed out the inconsistency of the Directors
of the Bank in giving their high sanction to loan
to the Bank of the United States, At time when all
the elements of mischief which subsequently much
embarrassed them, were collecting and assuming a
formidable character. Distrust and apprehension
instead Of encouragement, regarding the effect Of
such operations ought then to have been the rule Of
their conduct. The question is now in very different
shape; the Bank Of Engand IS in position fsafety
and confidence, with disposition TO assist the un-
doubted American Backs, ought now to be the ruling
principles of their actlons-as far as this can be done
with crcunspectoR and prudence.
On the subject, however, of the distrust and appre
hension which the Bank Directors have manifested
concerning the designs of the American Banks and
State Governments TO get possession Of more British
capital we must submit our views at another 0p-
psrtunlty. II may have made some impression on
public confidence, but it is partial and, as yet not
very important far as the most stable ofthe Anne
ncan Banks is concerned. In proof of which we may
mention that l,000 shares of the United States Bank
were recently purchased Tin line by stock
broker (Mr. B. B. Wliams) and many of those
were subsequently taken by well informed and skill
fully managed Scotch Bank, situated north of Edn-
burgh. We fnd too, that great confidence prevails
among the Bankers in general respecting these secu.
rites We believe this confidence be perfectly well
founded and shall regret il should have to report
any dminutien oft.
In the House of Lords on Monday, February 18th,
Lord Lyndhurst made speech on the punishment
Of solitary confinement in the penitcntary, which
produced great sensation throughout the country |
He mentioned the astonishing fact of three female |
children beng at that very time confined in solitary
cells, the youngest seven and half, another eight
and the eldest not yet ten years old.
"To show your lordshps," said this learned per- |
sen, how utterly improper such punishment mast
be for infants OF such tender years. have to inform
you that when of them was broHqht into the pr
son, and when the matron asked her what she could
do fer her, she said to the matron Give me doll
(Hear) So desirous was she for something upon
which she might express her sympathles that one |
morning she found sleeping with the bed clothes
rolled up the shape of doll upon her breast as if
for the purpose of something like ideal society in the
situation in which she was placed All of them had
folded up the bed clothes in the shape of human be-
ing indicating anxious desire TO have society with
them. have been further told on the authority OF
visiting magistrate that upon converting with one Of
these children, he found she was suffering under an
impediment in her speech"
Lord Melbourne the premier, was excessively an
noyed at this exposure and in reply to Lord Lynd-
bursts motion for return of the number of children
confined in the PenItentary said with great warmth,
that the motion was made for party purposes, and had
the Duke Of Wellington been present he would not
have allowed such motion TO be made. "The no.
BILE Duke" he said, |" was man of honor and gen.
tlenan." Lord Lyndhurst wished to know if the dis
tincton implied that he was not man OF honor and
gentleman, and was about leaving the house, when
by Lsrd Broughams Intervention, the premier apollo
Rzed and the returns were ordered. Lord Mel
bournes anger and affected ignorance the subject,
exposed him to severe attack from Lerd BrouRham,
and the affair altogsthsr has been morally detrimental
TO the Wing ministry.
Ma OCeSNELL VoTEp A SLAEpEREa-On the
same day in the House Of Commons, Lord Maid
stone offered resolutions, relative to some OBJ
servations made by Mr. OConnell respecting the
conduct Of the Tory members of the House who
were sitting on Committees TO try the validity oil
petitions against the returns of members Mr..
0Connell, had stated in public meetings, that
they had perjured themselves The resolutions
moved by Lord Maidstone were to the effect that
the language of Mr. o Csnne was false and calumnl-
GUS and that, such, the expressions were breach
OF the privileges Of that house." This motion was
srensously resisted by the ministers, but was carried
after an acrimonious debate by majority Of 2O0, the
numbers beng for the resolutions 293, aealns them,
g. Lord Maidstone then moved that Mr.. OCon-
nell be reprmanded, which was met by motion 10
ADJOURN, which was lost by majority Of tive to oRe,
and the debate continued On the question beingput
ON the Hth February the molten that the Speaker do
rePnmand Mr.. o CcnDe, was carried by majority
81 there beng lf6 for, and l97 against IL and
MI UConneli was ordered TO aix nd in his place the
next day 1.-THE 2eth) TO be 50 reprimanded.
New York papers to the End February had been
seceived o. Liverpool by the Mediator
LosDos Feb. 26.-CsHnrseiAl Rsrsosprcr.-