Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-03-26

of one TO twelve months on Blackwells Island or in
Sing Sing restore US to our former condlnen be,
fore this can be DONE intend to place our old trend
"Dear Dick Riker in the mayoralty OF New York.
We therefore, the Executive Cemmlttee OF the great
Loafer and Locofoco family, call forth, iromth WICK
edness of Tammany Hall, all our hege members, IN
order 10 organize al once and show the world our
strength and force the next election Ihe meeting
will be held on the steps of the City Hail. PARK at
o'clock on Tuesday evening" 9th INST. ana ms Honor
Mayor Clark requested to keep order as long as ne
is in Office BY order of the Executive Committee.
SLAM BANG g. Co.
New York. oath March, 1898.
Great preparations are making for this meeting to-
morrow afternoon, and we have no doubt il will be
splendid sight. We shall be there in fall length to re-
port proceedings.
THE PHEsm BANK INvEsTIeATIeN-This subject
will probably come up in the Assembly this week
and IN certain quarters from this city, great efforts
will be made TO influence the Legislature against its
charter.
The principal opposition to the Phenix Bank has
arisen from little clique of spectators and bank
rupts who originally established the Daily Express,
as newspaper to guide the wing party. In the year
1886 this clique were careering it, in the full tide
of land and real estate speculation in every part of
the ceunry. They boosted at that period of club
BILE reputation each Of being worth half third, or
a whole million piece
1t the fall of 1885, it became evident that curail-
ment Of the currency was necessary. Mr.. Deafeld,
and many other fnan rs began to contract and
draw in towards the SPIN his gave great
offence 10 the land specuato w up many of
their projects. These very aen were the first
persons to tempt the banks and their agents into the
new system of exchange for the raising Of money.
But nothing could prevent the revulson for the seeds
had been so wn in speculation.
BY very natural process these self same specu-
lators have become the veriest anti-bank meH and
buest locofocos that holes in their breeches
or holes in their characters In bitterness to-
wards existing banks, they far outstrp Slam, Bang
& Co. Because their own foolish schemes-lhelr n
dculous land speculatons-ther mad lot and real
estate bubbles have all blown up, they are anxious
not only to destroy the Phenix, but every solvent
bank in Wall street. Nothing they hate so much as
solvency and paying debts-a healthy business and
steady habits.
banks among the wings in Albany and here. Specu-
lators and locefecos meeting together. We win
see what they will produce
FRoM ALBAsr-In the Senate on Friday, an ap
preparation of $50 600 was made for the completion
of the State Hall. The cost Of the State Lanatic
Asylum was limited to SCI, 600.
In the Assembly, bill to incorporate the Triton
Insurance Company in the city of New York was
read a third time and passed. MI Hubert Offered
resolution to inquire into the expedency of repeating
the Restraining Law. Mr.. Hubert thought that The |
shortest and efficient mode of extending TO the
people the benefits contemplated by general bank
ing law, would be TO repeal the restraining law Mr
Holly moved TO amend by striking out restraining
law" and inserting suspension law, or parts of IT, |
He wished TO have the resolution so amended as TO |
instruct the committee 10 inquire INTO the expedency
of repeating those sections OF the suspension law
81 l~~t rpf AZ anpxQ f az
Holly withdrew his amendment and Mr.. Huberts |
resolution was negatived 81 to 50.
RESURRECTION IN TRIsrpAD-The late instruction
of the negroes at Trinidad, owing, we learn,
to bad treatment and poor food, particularly the
plantation of Mr.. Baker (by the bye Philadelphi
AMI who is loser of near $500 900 by loss Of slaves
cane and mills. A Mr.. Malibran, French gentle
man, with plantation adjoining, lost nothing-on the
contrary his slaves were supplied with arms and am
munton, and defended themselves and rescued their
masters property from fire and destruction. So much
fer mild treatment and fidelity.
tr The FRrcArE MAcEpoMAs and Sloop OF War
Levant are lying the East River the former prepar
ing for the Exploring Expedition, bat waiting for a
commando The Levaat, Capt Commandant Paul
ding, goes 10 Norfolk, thence to Pensacola and re-
turns TO New York TO carry out the new ministers,
mr. hanlcnDhrR 10 Ncnnh-anu Mr. Troop, 10
Trieste.
Fr STEPHEN HKSpERsoS, ESQ. Of New Orleans
who died recently, left an estate Of two millions Of
dollars most Of which he distributed TO various cha
ritabe associations. Amongst his requests was one
of $1,000 per annum to be distributed amongst the
moor Of his native town in Scotland. Noriens duices
repliniscitu Argos.
SrurErpous ScHEME or IsTKRsAt IMPROVEMENT.
The Charleston and Cincinnati Railroad begun
on Thursday, 18th INST at Columbia, South Carolina.
The event was celebrated with suitable honers. Gen.
Hayne performed the ceremony OF digging the first
eauh-next the Governor, and the Directors Of the
company. Col. Banding Of the directors, after
performing his part, said TO the assenbage; Fellow
.citizens-The great work is beguni-And now, South
Carolina expects every man to do his duty"
Mauxo RsAps nv STEAs.-Thc pile-dnvIne ma
chine on the Syracuse end of the Syracuse and Utica
Railroad. propelled by rotary engine, during the past
week drove e35 piles rs feet deep and cut them TO the
plane OF the road-averaging more than 100 piles, Or