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

snoueh shs bark writer seems 70 be impneecuy .c-
qaalnted with grammar. What WAS the design OF the
call on the part Of the Senate have YET 70 learn.
unless was done 10 prejudice the minds Oh congress
Both houses have been exceedingly dull today. In
one house, the Army Appropriation Bill, ana IN the
other the Cumberland Road. HORACE.
BosroN. March 80, 1888.
Mr. BENNETT-We have little or no news IN this re-
gion-su less business. Importing and Jobbng and.
in fact business of all kinds seems TO have paused In
its operations The banks hauling In and the ner-
chants obliged to pay the last dollar 70 cancer their
liabilities The associated banks here are determined
the Gothanites face TO face; SO that Whatever
may be the determination their part they will agree
upon, and concert. The managers of our banks
have had important private meetings, ana IRON
what be learned of doors they intend to carta
and then resume, whether they have company or not
in order, if possible reesabsh the credit oil the
Boston banks. The Market Bank has published state
ment which is very satisfactory to the public. That
it is in difficulty few question: and that 1t has been Sc
riousy run upon, is notorious However, the report
made by interested persons is worth as much any
fair story which made by individuals who have
property stake The banks here have fallen from an
emnence which was once indeed a credit Boston,
but from which she will never recover For instance
the exploded banks:
American Bank will pay her bills In full.
Commonwealth Bank president deceased-cashier
AMI some of the directors in pecuniary dhcutcs) will
pay about 40 per cent.
Commercial Bank president gone to Canada with
$4,000 in god,) will pay her bills probably in full
Their funds are loaned to few individuals, which if
paid, will be favorable to the stockholders
Franklin Bank (president cashier and directors, in
dicted, and to he tried for msmanag pres
dent Durham says he can't read write 10 how } will
pay probably Is cents.
Fulton Bank some of its officers are laborng under
the pressure Of the tmes will pay from 80 80 per
cent.
Kilby Bank (scme Of its officers have known what it
is be in hot waterfunds of the institution disribu
ted among the drectors,) will pay not far from 80
cents
Lafayette Bank 1.-THE past and present presidents. with
the directors indicted for mismanag and will
have their trial in few days ct their directors has
just had his trial for stealing $4,000 Of Lafayette bills
and has been acquitted the bank has been mserably
managed, will pay possibly, 7per
The banks to be wound up the Washington Bank,
Hancock Bank, and Oriental Bank and many more,
doubtless will think expedient to surrender and die
honorable death rather than linger and after
ALL be compelled to give up the ghost in deep disgrace
short period though in all probability they will occur
in afew weeks to alarming extent. Yet indeed, the
plan OF property here all the go The city
clerk with his assistants find but little leisure while the
lawyers cudgeng their brains in devsng how their
clients can get out of bad scrape and not suspend
payments The mortgages of one large house which fail
ed shert time since, couered hundred and
So, thus they contrive and plan Many respectable
houses, who are in good standing, have get their
stocks mortgaged
The Misses Grimke are here and lecturing at the
Odeon to crowded houses. Great anxiety is manifested
% hear them. They listened to with profound
pect and attention. Abolition is making great head
way in this State. assure you, you might well talk
'bost putting spurs to the lightning attempt
drive the thing faster, TO make Aboltoniss
apidy than they increasing in the East. The
Lord prosper the cause Of the just C.H.