Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-04-17

reced.d Sales 81 fishery atlG Sit IS tons at IT,
30. Stock 10 all hands, 81 tons.
Highly Important N e sunni tioA of Specie
Payments ecision of the Bank COaven-
tion-- lst Of January agreed upon by Six
teen States.
The Bank Convention yesterday decided on the
first Monday in January day of resumption.
This was unanimous, with the exception Of New
York and Mississippi the former voting against it as
too remote day, and Mississippi too early day.
Eighteen states voted.
Thefollowng are the official proceedings:-
Whereas il is found necessary, in order TO simulta
neous action by The banks in the resumption of spe-
Gle payments, so to proceed in designating period
for that purpose the nearest approach to
unanmlty. And, whereas, whilst in the judgment OF
this Convention the return 10 specie payments and
preservation of the currency IN sound condition,
will depend essentially on the course of the general
government. Yet this Convention regards II as the
duty OF the banks 10 make the effort in good fath ex-
elusive of any direct reference TO the prospective nea-
surcs of the 60, eminent. AT the same time the Con-
venon has been happy observe in recent letters Of
the Secretary of the Treasury, specific assurances of
an intention to sustain the banks so far as may be
done through the fiscal operations of that department
OF the general government Therefore,
Resolved That II be recommended 10 the banks OF
the several states to resume spece payments on the
s day of January next, without precuding an earlier
resumption on the part of such banks as may find it
necessary or deem 1t proper The final vote on the
adoption of the above preamble and resolution was
follows: Ayes-Maine, Vermont, Massachusetts,
Rhode Island Connecticut, New jersey Delaware,
District of Columbia Virginia, North Carolina, India
ma, Illinois, ard Mssouri-l3. Nays--New York,
and Mississippi. A motion was made by one of the
delegates from Indiana, Mr. Lanler 10 recommt the
preamble and resolution to select committee with
instructions 10 insert the first Monday in August next
for general resumption. On which the vote stood;
Ayes-Naine, New York. Indiana, Mississippi Illi-
nois, and Missour-6. Nays-vermont Massachu-
sets, Rhode Island, Connecticut, New Jersey, Della
ware, District of Columbia Virginia, and North Caro-
lina-9
A motion was also made by Mr. King one of the
delegates from Mississippi 10 insert the first day Of
July lS39-which was negatlved. Ayes-Mississp-
pI Nays-all the other states repAsented
The REruRsrSG TIpE.--During the last few
days since the result of the election number
Of persons have come up to me personally, saying,
Bennett, my boy, yeu are now right! will take
your paper again. But for your rally the second
dav of the election bawling out counter revolution,
which started the wings from deep sleep, do veri-
ly believe Clark would have been defeated-and the
Common Council lost You have repented of your
sins-you are now good whig-I will take your pa
per, here's the money"
find by your very efficient aid TO the wing cause that
your morals are purified Your Herald has entirely
recovered its character and as my wife and daughters
have, for three months teased me for it, you may send
me the Herald again." lady sent me note, say
iug-"My husband since the election, thinks you
have become decent again, so you may send the He
raid to No. ~ Broadway" Another thinks that
am not now so ugly man as was last fall, my
-. II \
il may disappear altogether.
Thus wags the world with the wings now for the
locofocos
In the recent election took just the position and
the course chose. Because it jumps with the polt-
cal sentiments Of large party, they think better of
my morals and my reputation. | am again in the
high road TO be an exceedingly fashionable man
among the wing magnates. Many of them actually
speak to me in the street. and others bid me well
come whenever meet Now the locofoeos are
different race Of men. As individuals, the great
nass of the locofocos or democrats not so gen.
temanly not so well educated, not refined not so
good hammered as the wings. But party, or as
politicians, the locoscos have more tact, cconess,
discretion and well regulated conduct than the wings.
IT. in the midst Of political excitement, you dare TO
have an opinion different from the wings, they con-
slder it personal insult, and treat you accordingly.
Because would not support the ridiculous nomina.
ton Of Joe Hoxie last fall the wings became outrage
ous-establisheda paper to put me down-dsnounced
my morals-held me up 10 Indignation, and looked
upon me as reprobate. II visited Masonic Hall
they scowled al me with astonishment. Yet in pr-
yate life the wings superior in justice, IN morals
and in good manners.
How different the locofocos At the recent cleo
ton, when visited Tsmmany Hall, ] was received
with equal courtesy and good feeling as Il had been
supporting them. On the last evening Of the election
after the polls were finally closed they gave three
cheers in the private room, and called for speech.
Why this7 Because" say the locofecos, Ben.
nett, You will have your own way. All we want Of
yos s to Do VS. justice-ell exactly the ruth Of US
and ofthe id wings and we are satisfied. We want
one paper in New York TO be conducted by philo.
sopher and enc acquainted with politics who can liz
the veil from our leaders and show US the naked truth
Bennett, go ahead"
Such is the manly lberality Of the locofocos as a
party. The wings mough learn lesson, or they
nough moi, from the discipline, order and generosity
OF the locofosos towards those differing in opinion
from themselves As to the approaching fall election,
the state Of New York will he close. do not believe
a.. he tv,, will havc