Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-11-04

Earl Durham is to be sent ambassador extraordi-
nary to Turkey.
Mr.. de Pontois has been elevated to the French
peerage and sent ambassador extraordinary to Tur-
key.
Van Amburgh was wounded by young lion, with
which he was going through the usual performances
at the Porte ST. Martin Theatre, in Paris. He acct
cidentaly hurt the animal, which turned upon him,
and cl.wed or bit his leg Nevertheless Van Am
burgh went throug the performance and put his head
in the same lions mouth.
In England, on the 10Th of October, they were
pecting that the Philadelphia banks would suspend.
Recommendations Vestris has opened Co.
vent Garden, and is doing the legitimate business,
with Harley, Cooper, WIN. Farren, Mrs. Dryer,
Mrs. Humby, Kelley, and her husband Mr. Van
denhof's made his debut Leon in g Rule
wife and have wife" and very successful
Macready and Power were playing on the night
at the Haymarket. Ellen Tree and the w GODS
doing great business in the provinces Carter, the
Lion King, has made hit in London.
Sir E. Lytton Balwer's play, about to be produced
at the Haymarket Theatre, under the superintend-
ance Of Mr. Macready, is called Norman the Birth
right
The UNITED STATES BANK AGENCY ENG
LAND.-The accounts today relative to the precise
nature of the settlement which Mr.. Jaudon has eff
the Bank of the United States do not exactly agree
The arrangement, however, has been substantially
what stated. The balance due by the bank at
the adjustment has been met by depostes OF Penn
sylvania Stock; 1000 shares Of the Stock Of the
United States Bank changed hands yesterday, at
ego per share.-London Chronicle, Oct. IL.
The dividends on the shares Of the United States
Bank are due tomorrow, for the payment of which
ample provision has been made; but it is not settled
that the house of Messrs. Barring Brothers " Co.
have taken the London agency in the place of Mr.
Jaudon-London Chronicle, Oct. Is.
BANK OF ENGLAND VERSUS THE COUNTRY
BANKs.-One subject alone entirely absorbs the at
tenton Of the public at the present moment; the all
important and vital question Of the currency
nected with the Bank of England.
Our readers are aware that, in consequence of the
refusal Of the Bank Of England to discount bills bear
ing the endorsement OF country banks OF ISSUE de-
putaton Of bankers from Lancashire had inter-
view last week with the Bank Of England g Direc-
tion, at which they represented the embarrass ment
which would il the bank were persist in this
resolution. The directors however, have expressed
their determination not to depart from the rule
which they have in this instance prescribed for
themselves. Thus the matter stands. The bank is
firm in its refusal; and the parties who consider
themselves unjustly excluded from particp ating in
the facilities afforded by the discounts of the bank,
complain bitterly Of the apparent Partially OF the
proceeding
Now, what is the real state of the casel 1t may
be useful to bring IL clearly before our readers for
it seems to us that if the opportunity thus afforded
Of amending the system, be followed up, there may
be end put these eternal complaints Of the par
TALLY and jealousy Of the Bank Of England. and
factory 10 the mercantile community, and more safe
and beneficial TO the naturalization Cour. Oct 10
BANK ENGLAND AND The COUNTRY BANKS
1t 10 understood that the Bank Directors have used
10 rescind modify their recent order, by which all
bills drawn BY or bearing the endorsement Of such
bsnks whether publicor private, as issue their
notes are excluded from discount by the Bank Of
England. This is the practice to be adhered to in
f,.s.. bnfn
names may be which appear on such bills. This
must DE taken by the public the commencement Of
the Bank Of England the approach Of which has been
indicated by frequent acts and ntmations on the part
Of the latter
The deputation Of bankers from Lancashire, which
was ad To last week having come up for the
purpose Of trying to change the determination OF the
Bank Directors has left town consequently without
having effected that object, and few days will show
that the wealthy merchants and traders OF the great
manufacturing districts are disposed to acquiesce
quietly in any such 10 remark able that
banks which do not issue their own notes, but crcu-
late those Of the Bank OF England, and do not come
therefore in appearance within the range Of the prac-
tice objected To, are moving, IN concert with the
b INKS which do issue their own notes, to get II res
cnded. II is obvious, that neither any trader nor
bank in that district whose business il extensive,
can be wholly removed beyond its operation, as bills
of all ptions constantly passing from
hand 10 another and among them Of the object
ionabe bills must occasionally be found, so that per-
sons Of the best credit may suddenly be cut of from
resources on which they had relied as certain-a
contingency which ev ry merchant cannot but re.
gard with apprehension and as a wanton and capri
cious addition to the dangers with which commerce
is surrounded. .
What adds to the very strong feeling on this sub
iec among the bankers and traders OF the north Is
the conviction that they are made IN this matter To
paw the penalty, not Of their own mprndence, but
OF those OF the Bank Directors who, having looked
MP their capital in inconvertible securities for the
| sake Of a large profit are unable with safety to
themselves 10 afford that assistance to commerce IN
case Of need which would be the sole redeeming
| quality in their monopoly, and are now compelled
Tor their own pro ecton, instead Of assisting to de-
| stroy il London Times, Oct. Is.
THE Conn TRADE AVID THE CHops.-Messrs.
Surge Of Birmingham, IN their monthly circular
| issued on October 10Th. say-"T accounts from
many parts OF the kingdom concur IN stating serious
deficiency in the crops. especially in the northern
districts of England and in Ireland. In few coun-
ties il appears likely prove near an average, and
| on the whole the yield will probably be better than,
from the condition Of the weather, could have been
| expected, but the bulk Of straw is less than was
| supposed before harvest We have had little vara.
ton in the price Of wheat during the past moath,
but there has been general ndsposition on the part
of mllers to purchase beyond their Immediate wants,
partly owing TO the continued pressure on the money
market, and partly to the low price OF Hour, com
pared with wheat, the last few weeks, There 10 now
| no probability Of the duty coming to e. "a at pre-.
sent, and we think IL may go to los 3D. by the emo
Of the present month. The stock Of wheat IN Glou.
4 NAV rlv all he con sidered free,