Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-01-20

In addition 10 our several special correspondents
a, Washington, at Albany at Buffalo, at Navy ISL
and. al Rochester at Philadelphia we have 10 state
that during the present financial crisis ia the East
we have also correspondent al Boston. Two highly
important communications will be found from this
quarter today The following is the latest, and re-
presents the extraordinary state or excitement exist
ing in thet city in relation TO the banks.
By the most accura te accounts the recent bank fall
ures are lst. the Common wealth Banked the Mid
dlesex Bank II is also stated that the notes Of the
Middling Interes, Bank not received by the Suf-
folk Bank For the siher accounts read them in
our correspondents letter.
BosroS, Jan. 18th, 1888.
As intimaied 10 you in my communication OF yes
terday so must affirm that the !Middieser
Bank, a, East Cambridge, has failed. Yesterday,
crowds from the city and county, were gathered
around their doors whose object was to get bulls
other banks but their doors Uere shut. The banks
capital $50 000-clrcuauon, S53S26-specle, S2769
There is much excitement occasioned oy the explo,
sion Of rotten banks, and II IS expected that more will
soon follow in the footsteps of their asirlous prcde
cessor'-the Commonwealth Bank, ct al.
IL 10 stated that the East Bndgwater Bank has oso
"pone 10 pot" Banks capital, 500, Differentiation
SIS. OOO-Specie, s932!! There are other statements
as 10 many of the otherrag mills but as do not know
thar the reports are correct will not mention them
Tits umored here that large quantities of the Bos-
ton has been sent on HeTe Dy the view OH
ers lift is rae they right for they must be eau
uous how they receive nsovent paper
Yours, &c. @. H.
PS epen my letter for the purpose OF Informing
you that the Phelix Bank, at Charestown; Norfolk
Bank, at Roxbury; Plymouth Bank, at Plymouth
have all sunk TO rise no more"
xr Charles King occupies column last evening
IN uysg to prove that the Navy Island patriots are
pirates. Did they plunder man of $40 900 and
pay il in a snuff box Did they ever sanction the
murder Of American prisoners Come, Charles,
speak out like any other contemplate rascal.
New YoRK CLOTHING SoeIETY.-wc refer our
readers 10 our advertising columns for Report Of the
excellent charity called the New York Clothing So
Getty. Yesterday afternoon lady an old acquant-
auce OF nine called upon me and broke open my
noor heart 10 heir cause. What can do .or them
4 understand that some beautiful young ladies' have
sxpressed wish 10 see me, If IL were 10 cost $50 a
sight. IN do II for s25 piece, and then pour the
proceeds into the laps Of the fair mInisering an
gels. Let rs get up a subscription forthwith.
NJ Col. Webb seems to be delighted with the quar-
rel between Wise and Gholson, and immediately sets
himself TO the utterng OF predictions. We predict
says the Colonel, "that Ghsson will moi demans
a.y satisfaction for the gross insult thus osred nun
bat quietly pocket il and throw himself upon ms re-
served rights" II Gholson should back out, he has
numerous precedents in point and on compu's'oT
can refer to the prophet himself
Ii is quite amusing TO these big mouhed fellow
talk Of fighting. The brave man never talks Of nv
courage, what be will do, or wha, he wont do
III Asplendid soirte was given on Tuesday even
lng at which 200 bottles of champagne were dcmel
ished. bcsIdesa couple dozen Of fair ladies' hearts,
Caa aay lady who did not dance give as descrip
toni