Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-02-07
tvssa or csrsspssdsnt 1rs~sAss-No xxxHIl
ALBANY, February q 1889.

| the Bank Commissioners, and stamped by them,
whenever any association, under inis general law
amount Of State or United States stock, 10 per cent.
below its market value at the time Of such depose.
l am mistaken. said, ell bills. Nct So All bills nm
der fifty dollars are subject TO this reputation. VI
course the notes are signed in the usual way by the
officers OF the associations, but they Will not De mo-
ney I'LL they bear the stamp of the Commissioners
| Different is the General Bank Bill, brought tins
day, into the House by W. Patterson, from the select
committee, to whom was referred the Governor 8 TO-
commentator to repeal the restraining law. IL has
nothing do with lands or real estate for me secur-
ty Capitalists may associate for banking purposes,
provided the amount put in IS not less 'han SlVVU
| Their issues may be one haftimes the capital stock
| paid in, and their loans, two and half times the
whole capita stock No bank notes are 10 De issued
by the associations, under this statute, unless they
shall be signed by the clerks OF the countles IN winch
the parties shall reside, and unless all bills which the
clerk shall sign be secured by an equal amount OF
State or United States stock al par TO De delivered
into the hands ofthe Comptroller by the assocators
Both bills consist of some thirty sections, ana must
| be read to be fully understood.
| Mann said when the bill was read, that this mea
sure admitted the necessity that our paper system
should be extended He would not concede tins point
and therefore moved 10 postpone the bill lndehnltely
He said that he did not move IN the matter as par
ty man, but from sincere CONVICTION that Inc worst
consequences would ensue from the passage OF such
| project He withdrew the molten, however ut the
suggestion of his friends. The bill IS made The order
of the day for Monday week, the 18th day OF Feb
ruary. -
Col. Young finished the financial part Of his fifth
speech today The Senate meets on Monday, at III
A. NJ, 10 enable him TO conclude his argument upon
politics When the vote on the small bill will De
taken II is entirely uncertain. The speakers seem to
be farther fro m coming 10 decision than ever.
There is quarrel brewing in the ranks OF the one
hundred Wing members. II will burst out before you
now be scarcely concealed. The Clay party headed
by the Evening Journal, wish TO dictate, 10 form
another regency. The Harrison party, with the Daily
Advertiser their head are firm in their friendship
fer old Tip, and will not be dictated to- SO We GO
The currency question is another element in this he
teroeeneous mass, tending 10 produce combustion.
The Conservatives abou, to establish paper
here to put the Argus down. They have the capital
and will use IT, They. say Clay is their choice, but
people with him. They will find out that no other
Wing can.
SlIas NJ Stilwell will be out on Monday Rext with
his scheme for a State Bank of fifty millions of dol
lars. He insists that Pennsylvania does not want
National Bank now that she has the United States
monster. Silly man! He does not know the ambl-
ton OF the Key Stone State and her great men, Phi
ladephia will always be in danger of New York,
while we have no National Bank Mr.. Biddles
greatest fearis that such institution will be located
in our metropolis. Sas NJ Sulwell-our fnancier!
Pity It's ws have no such men as Nicholas Biddle!
What is Gallatln about?
III We cannot publish the "Impromptu on a late
marriage" Ii would offend several very lovely and
accomplished women of whom we entertain high
opinion. Nothing else cosld prevent us. We care
nothing for the feelings of man. Man generally Is
a savage and rascal-human nature is roguery-and
humanity criminalty. Woman, amiable and accom-
plshed woman, is altogether different thing. Soon
er than ruffie the slightest feelings in the heart of
pretty woman, would engage to meet Satan on
the hottest day of July, and give the old sconndrel
cowhding before breakfast for the trick he did to Eve
Al present we leave Jedediah Burchard look after
the old rake.
The BANK DISCLOSURES OF the Franklin, Lafay-
cite, and Commonwealth Banks of Boston, and the
Lumbermens Bank Of Warren, Pennsylvania reveal
such scenes OF rogucry enough to stagger hui
man nature and PROSTATE the banking sysem-in the
minds Of every intelligent people. The corruption of
the banking system is at it's height-villany can
further 60 Yet because these banks are wicked and
corrupt that is no reason that all banks should be in
yolved in the same infamy. Banks are like men
some honest, some rogues- Let US not involve the
innocent with the guilty.
TnrcK.-A short time since gentleman of this
city procured lodgings for very pretty woman,
whom he represented a widow, at a respectable
mner's in Hudson street. In short time the lady
Of the house discovered that the fair boarder
fonder OF reading novels and ponng over the New
York Mirror which she admired much, than of max
ing up dresses, or working with the needle On in
qiiry a denouement took place, and tho beautiful
widow was turned out, and placed on the hands OF
her amable acquaintance as a piece Of damaged
goods She is now busy searching out some similar
boarding house Of responsibility, and will probably
this time assume the relationship OF niece 10 the gen.
tleman and very likely become an heress of several
farms in New Jersey-a slice of stock in a Rhode
Island Bank--sRd two valuable two story houses nj
Harlem. Look out.
Two Ncrr DEATHS ny DEsTIruTIos. -Inqussts
were held Yesterday on two aged people, julia SUIT
ION ssed Co. and Richard Johnson, aged 81, who died
rom the Joint effects Of disease and desnluton, the
former supernduced by the latter. verdicts accord
ingly. .....
Crscurr Covar, February 6th.-- Horace Burr rs.
Wsod d. BogsrL-This was an action 10 recover
% 5OObouowed money, with interest The defend
ants were agents for Rathbun Of Buffalo; they bor-
rowed the money for him OF Mr.. Bsrr under gene
raj agreement 10 pay az interest "a day for every
$1,000 and Ia per cent for commission The inter-
est OF this note for year on the 90 500 would be
sl3 $40! Mr.. Burr gave a check on the Manhattan
Bank for the money, which paid to defendants
the latter showed by Mr. James the existence Of thc
general agreement -
The defence set up was usury. There was no spe-
cial or particular agreement shown in regard 10 this
particular check; and the Jsdge charged that the
plaintiffs could have shown the existence OF such
L~d, u hocn nm III failing n do