davidaulloa/AmericanStories huggingface dataset:
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
SorSli9lt6e
Yafenftrte Qnmpelt.

Die llnteridyriebensn sei9en hermit erse>
benit ben @iuwcbncrn pcn 0edla unb 9torts
hampton @duntD an, oaB ie an9efan9en ia:
ben su perferti9en Die 10 bod 9eprieicncn pa
tentirten pnmpen fir
Gtfferneh Suellen uno ttefe Srurien,
fpeld,e iie fir aunebmbare Sebingun9cn sim
Gerfauf anbieten. Die ocrSu9ltdite Sualis
tat Der punlper, ipclfe burd) bic llnterid,ries
bcnen oerfertigt wercen, ;etbnen flh burd,
@cblfeilheit uno Dauerbafti9feit aus, uuo
lift 70 all9emein befannt, baB cine fernere 9llls
empfeblun9 fir tlnnptbi9 erattet fptrb.
Sbre pnmpen fIno eiufad in ibrer 9lnfers
ti9urg unb leidlt wtcbcr in Stanb su leteu.
Gle fcllen auf bic filrsefte 9tadlridt auf9eieSt
unb ale gut oeriId,ert pcrocn.
Diejeni9en, melde eieielben faufen ipplten,
perben crlud,t, all Der Manufacmr bel 9feu.
ben 6. Seip;s Sdmibhdpp, in Sprtn9s Giars
bensStrase, Cation, ansurufer, no eieielber
inimer oorrdtbi9 9ehalteu nnb untcriudt
tperben fonner.
81. 9. Setp.
81. Snlitb.
Cation, 0ldrS 13. na-3n
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Na6rtC6t

wiro hermit ge9ebeu, baB bic llnterscifnes
ten ais sIeminiitratcrs BON Der S,intcrlais
fcnlhaft be6 perfterbenen 9eorge Sretn,
leetbu orn 9tcu SripplD, QDnn Saumitbip,
2ed)a @auntn an9citcllt mrrccn fno. ~ lie
etrjent9en, ipeld,e urh rchtmdei9c Pin proes
run9en an beia9te Sltutcrlafenidaft babeu,
merrsn babcr ernflid, aufgcfcrbert, ibre
0fct)nuu9en rpcblbeit6ti9t bis Samitl96 ben
lSten MaY ndhitens an Die SIrminiitratcrs
III bein9tcm Snunltip ctusuhdubigcn lluc
icIdc, wclde nod al bcio9te Soiutcrlai1ens
1daft ihuIti9 fIno, werben cbenfalls erilld)t,
cbne Sebl bis bcla9tem ratum 0iidti9fet sll
MAIDEN.
Samuel Camp ! 9(onlints
QStlltam Eretn s TRAITORS.
9lpril 10. uo-6m
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
s5rtgape-S -Sefeb(e.

Gas 2te 8atallion ees 69lfen Re9iments,
befehli9t bon eisut. @cl. Sohn 3 M a n,
am Mcntdg ben 13ten MoD in slltentaun.
Das 2te 8atalIicn ec6 Soften Ne9iments,
befehli9t ocu eieut. @cl. Sarrifon M +
Ter, AM Cienifoa, ben l4ten Slap, I'M 10
8prmittdas, in Wdller6toitn.
DaS lite Battalion, OttliB: 9fe9iment, 9fc.
6S, befebligt bon Sol. George Setper,
am Wiittpcd,, Den 15teu O1at, I'M 10 ubr
8crmitta9s, am NdnIe bon g Gorge & a If
Cspiicten 9iitd's unc @au9eper's @jaitbills
fer) in @beitbaa.
giment go. 105, befcbli9t BON eieut @cl.
q bra am rareL Ocnncrftag6 ben
I6. Oeai, nm 10 llhr Scrntittag6, in Srers
lerstauu, Ntacun9ie Saltnftbip.
Das life Battalion, WiliBs sNe9inteut, go.
80, befebligt BON @cl. @ecr9e Q d1 id1 e +,
am 8reitag, ben lit. Wiai, I'm 10 llbr 8ors
mittd9S, in Sc9el8otlle.
DdS 2te Battalion oes 1885, 9leaiments,
befehli9t vpn Qieut. @pl. Oauib @amp.
am Mcntag, ben 2Oitcn Wai in QDnnpiIe,
9Ynn Gaunftip.
0as lite Battalion bes 13S. Heginients,
befebli9t bon Gpl. @epge 6 er, AM Diem
flag, ecn 21iten Mai in Sd9ersoiae, Soeis
belber9 Saunftip.
Oas 154ite Ge9imcnt, befehli9t bon @cl.
s.. @. s. in man, AM Wittipcd,, Den 22ifeu
g8ai, in 2ebi9btpn, 9tprthamptpu @auntY.
Oas 2te Battalion, be6 144lt. 8olnntters
9ie9iment5, befebli9t prn Majcr $. . IL
m II, AM Sonerita9, BEN 23iten Wiai in
@eieport, 9torthamptrn @aitntD.
DaS lO5te 0teifcls9e9imen befehltgt bon
Col. 3 a d5 a r a Sang, AM Sreitd9, cen
24lten Wiai, am Soauie BON peter @iller
fen. III Soeioelberg Saunlhip.
Das lite Battalion beS 144ten 8clulltier
5ieeiments, befebli9t bon @cl. 9Sm. s reN
am Samitag, ben 25iten Ntai III 9llentauu.
Das Qedbd @apallerie Battalion, befebligt
BON Major Slider, AM Somita9 ben 25ften
Wtai, IN Der Staet 9llcntaun.
ySm. Trep> Sri9. Snip.
Der 2ten Brig. 7ten GiuHicn, .. W.
TD Die Gapitdne Der unteribieolihen Cont
pauien perbeu hermit bcnohrihti9t, bas
fIe ale perlcnen pcrber auf ibre 9iitcn eius
surclliren baben, meIdbc in llebereiuitims
inun9 oes @eIeBes perpflidtet Gnb Wili;s
eienlte 81 tbun.
9lpril 10. rq-bp
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
O(artttt Smltsntolt,
Sarbier uno GSriIeur.

SNlpltI HHU SFtIeHr.
Soat icine 9Gpbnun9 felt bcm 1lteu 9tpril
uud1 30. Z, 9Stlicn'6 Gicbduce, qcacnilbcr
Slnmers orufercp, perIe9t, mciclbit er cns
SarbterelL SrtltcrerL Saarlhueiben.
&c. auf Ole ollcrbeite @eiIe betrcitru miro.-
Sclde, Die pa6 Sorbtere bcim Giertcl
,rnlIteiL irerben feinc prciie DEFENDERS biz
Zig ftnbrn.
Sa6 StrGpfen
iptre er aud) ;l jcoer 3cit pinftltd, obwors
ten nne 9iasStcrmcifer aufs @eltc ftbirfen.
Sr madbt ebcnfdlls pernc cf Ell auf Scs
lfcltur9, ltno ba er beicnocrs in oiciem Sc
idldfte gcnbt 1T, 70 9loubt cr Ipld,e ;ltr 3,l.
frtceeubeit bcbicneu Su fCnrcn, Die i'm n il
ihrem 8ertrauen beehren.
9r miro ltdl ltct6 bcincbcn burdb quite ure
biatsc Sebiennng bic Gewogcubcit eeS puts
l;fum6 81 erhalten.
9lllentalti, sIpriI 10. no-3m
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Q(Qentamner G5teBeret.

Die lluteritriebcnen benadrid,tigen bicrs
NIT etn 9cebrtcs Yubljfum er9ebenit, toB fTe
jeee 9lrt GiteBarbeiten fir Mublsg8crfe uno
Walhinen, Slhfen fir Carriages unb q8ds
gen, 70 fptc aud, pferbes s@ewalten, II. {. ~.
bon ccm teften @uB, itnea unb biGi9 pers
fertt9cn.
Oreber srbeit, in W1eBtns, @ifcn nnb
Sorls 70 pie jece 9irt Shmtpts9lrbett, piro
biat9 perferti9t orn
Sd9er unb SrccbDru.
tCP2ltte 9trten pRigc, 8elid,fcrnsSGdbs
Ter, QBclid,tprn Srcdber Cnlittclit mclhcn
man bas 9SclItfcrn iamt beni Stpbcn mabs
len fann), Stra6cnsScdpers ocn @uGeiIcn,
@ultiuatprs@g9er, nm 9SeIidfcrn su e99eu,
ltno nebit piceu anbcrn Sauerns@crdtbcn,
al threr @teeeret ;u habeu.
9IIlentauL Slpril 10. nq-1S
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
0la6teal-S -SerIanlmlun9.

lie @brip. prn. prebiscr Ger Slts9ennc
floanilhen @laBis, ncblt ibren 9lb9ecrencs
ten, perbeu erludt, Der bieSiitri9en &ers
5ammluns III Der @9ypter Stride, q. @bets
baa 3aunfdip, eeba @auntD, beismpobnen,
,peldbe auf Dienifa9 Dor ces Serrn Nimmels
SabrtSta9, ihren Slnfans nebnien miro.
s, Selfrih, Serretar,
atrrh W. SIN
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Oeutl1er 9lauehtabocf,

poer Sn1ffer.
unterseihneter perferti9t jest III ieiner Ias
badssNeanufaftm in Ger Staot glacntaun,
bon obiaem 9utelL ppblriedenoeu GnaIfcr
@r empfeblt oenlelben bem 91ublifum beim
pfune coer in fIeinen 9,adeten.
Saniel &eiper.
AIfhtllill Npru. rg-4Ei
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Gin Oearborn- -oSagen

Gin nod, beinabe ueuer Searbcrn,@aoeu
NIT itdIernen 6eoern, it gu einem biIliscH
preis sil nerfaufen.-Man melee ie) in bic,
yes Grnderet.
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Sen9al Snpt9c, bcQ. &rapp.
90 ebeu erbalten rnb su ocrtaufen bel
sDreB, Sd9er ilno go.
9lllentaun, Slpril IL. ra-3n
q q Cb = t CD t.

9Ille bieicrigen, ipelde an Die $ointerlaf'
icnfhdft ccs peritcrbenen @cnrao Me H.
Ter, ebentalS pcu SbersWacun9te Gaurts
ld,ip, Qed1a @auntD fhuloi9 itno, ipcreen be-
nathrid,ti9t, baB fe Swlhen jest uno Gem L.
ndtbiteu Olat ibre 9indtinbe al lluterld,rtes
benen cbue Sebl abSutragen haten. CeSs
aleiden perben audi alle biejengen, ipelde
an eria9ter Sointerladeufdoft ncd, cint9e
9lnforberun9 baberL erluht, bis an ermcloes
tenn Gage ibre Scroerun9en rpcblbeidetni9t
einsubrinsen, bamit 9tidtt9fett 9emadt
tperoeu fam, bon
s. S5iaac SretntG 9trm'cr.
9lpril "a. nq-2m
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
SeGulpetuf forberu,t9.

Ollie, rpeld,c an Die SHintcrloGen1daft Der
pertcrtcncn Sarbd ara Nt . c r, leethm
Orn 0tcrbslSbcitbaIt SauuIdp, Heda @auns
tD, in Sanoen, Gtcten, gudlId,ulccn oocr
&enbu9clo itulbi9 Tno, wcrrcn hermit gum
leBten Wtal auf9cfprbcrt StpiIhen nun uno
Dem 1iteu Woi 1899, an cen llutcrSeid,neten
III Sbrrs:Wacun9te, obSubcSablen-lnO Sols
DE Ole rcd'tmdBiQe Icrberrn9eu an befa9te
S,tnterladenld,nft bateu, beliebeu ibre Red,s
uungcn ebenfauS spiIhcn Nun uno cbigem
Datum wOblbeifati9t einsubdnoi9en an
SalOmpn Wtoper, Gr'or.
9Ipril 24. rq-4m
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Sctt miro perlangt.

Der llrteridriebenc bc,ahlt ten bod,ffen
giarftpretB fur 9utes Z motifs ps imo
9 DIM am ntspen.
0lattbap Selfriose.
Dec. I2. uo23gp
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Sld9el.

100 Safer Ni9el iInb sn perfaufen ;u
pbilabelpbier preien al ccm Stotr BON
Dret, Sd9er uno 60.
9lQentaun, Slpril II. nq-3m
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08
Slotuten.
GenIter-OloE

800 gcren ScnftersGloB, perid)icherer
@rG6e, fIno gu pcrfaufen um plilaocIpbtcr
preifen bel
9Dret, S69er lnO 60.
9l0entault glprll II. llq-3n
Der Lecha Patriot und Northampton Demokrat. (Allentaun, Pa.) 1839-1848, 1839-05-08

9lpril 10.
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02


New Orleans Is essentially Il commercial city-more
exclusively commercial than any other in the Unon for
in The other cities, mauuac of various kinds are
carried on TO great extent. Here we have no manu-.
factoriescommerce and trade are our only reliance
the main and almost only support of,he city. Commerce
then, should be literally encouraged and great adyan-
tages given to it by municipal councils not only
because of our dependence upon it, but because of the
rivalsp which exists between this and northern cities
in commercial point of view. Our cit, has long been
dependent upon New York-the advantages of n direct
intercourse with Europe have heretofore been compu
lively beyond our reach yet, it is admitted that this is
the natural emporium of the south and west We have
to contend against the wealth and power a New York
How can we do ii to advantage and with prospect of
success! Not cerhiny laying taxes new Duties
new Impostions upon commencement by overlooking
our merchants with onerous charges increasing their
expenses and difficulties. 1t seems however, that
the sal policy OF putting taxes upon trade has been the
policy heretofore pursued by preferences by admin
Isra1Ve councils. Although the mercantile members
OF our municipal bodies have in many instances formed
strong opposition, yet we hnd that the principal part
ourrevenue made up out Of the Of our city.
Every article of merchandise is taxed over and over
asan-t rs tax III I " ship in the way OF wGrfage-
20" wish now s5t again on the wharf by specal
wharfage duty J0xed on the drhy by way Of Il draw
cense,-it is taN IN the warehouse and in the store
and it is wonder that means has not been found
out to tax it on our Lacks.
All our city taxes and duties upon commerce are
high, and in some instances, eNorbitant-we on the
other hand, the taxes which fall upon property are
comparatively light Is this the policy to he pursued
by great commercial City! 1t seems to us that we
should seek in every respect to open facilities to the
source OF our prospenIy--pave streets with wood
or block stone-keep them in good o,der-furnsh COM
modlous "hntves 10 the shpping-sccure Cheap dray~
ase-lmpose hight taxation upon our mel cl,apts-so
that easing the bur'hens in every direction goods nav
be imported here direct and furnished to the peope OF
the Great Valley ate much cheaper or at least a.
cheap, rs when transported from New York nv their
nails and rail roads. The new wharfage duty now nj
tempted, is violation OF our true policy and interests
it is the creation of those who do not understand, mr. do
not s.mpahise with the mercantile portion of orr civ
In our next numLer will take view of the lerpl
question presented by this new tax and we hone in
show that it is as illegal it impoltic and inexpe
dent.
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02
From the CbarlcsIon Con,;,-

We recommend the following to the attention y,
our readers, as containing iudcious and co,rec,
view of the course which out to be pursued h.,
banks in the present crisis.
The Discussion is the very light of Truthn
II So thch the banks cannot expect the merchant
10 make every slcrlCe TO sustain them if they On
not sustain th' merchant, who, if he has five ibou
sahu doilhrs TO pay today, and sOcts that his note
no discounted i"r that sum, aud together with n
good and suihcIent endurscr, leaves twcntv,1va
thousand dollars WORTH Of good paper MS colln,-I
is told that they very sorry to have to saw ,l,
nothing can be done for him IN The present nunro.
cedented crisis What are banks chartered for If
they are not TO be an accommodation TO tn, con .
MUMMY And the more especially TO the mercan.
tile classes, IN sacrificing whom, Trade and Com
mereo are frustrated Banks are created for tho
purpose OF loaning money, especially when money
cannot be borrowed elsew here and when thew cease
10 loan on good security they forfeit all eli i'm In
Inc conntenance OF tho community, when under
suspension OF specie payments especially. They
sns.'ehucu zen days ago IN order to accomrp odatc
the community il was supposc,l-but has that heen
realized Far from it. Their discounts nrc n,nr,
contracted than previous 10 the SUSPENSION II i
believed that three tourths of the ,rereb.,,. cu;
community, who do not owe two fiths what ,ho,
are worth, are now from day dav appreben.;,,
lEat their Obligations mus be protestet md viii
degraded feelings they with care worn looks ma.
vent IL by borrowing OF friends from dav to .d,r
sutJ"cu themselves to obilg 4lions to Dersons ~
far less soivency than themselves Bat thev uonst
inevitably be an end 10 TINS facility, for not onIv
the lnclination but tho ability TO loan will lie cr
liausted. / here is then no +. source lei, but =,
Osurefs, who, perhaps demands IN interest nj ana
loIIat PeF DAY ON every one hundred dolIars-but
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02


There is no alienation OF the money market the
pressure is On first paper per ren
per month offered and little could be even n, that
rate of discount IN stocks the have been
US Bank closed firm at TO- but other stocks ere dull and
experienceda slight decline. ~
Difficult to quote rates Of Domestic Exchange they uc
iuate rapidly and constantly large business hs,
done in Philadelphia Exchange 9 and NJ and small,
amounts on New Orleans and Mobile at ID "a Is.
Bills on London Of doubed character are offering nj I0s.
and operations made between and three huudrn,
thousand dollars have been eved from New o.
lsans. -
commttee Of merchants and traders waited on the hank.
to-day for the of urging hrmto and nav ou
Safely Fund bank notes at The banks not vet
dehnitve reply 1t somewhat hazardou. to exprcs, an
0pnion on such matters without
with the position of our bank, than ohraued nv The
puic yet We venture 10 that fsuh arrangement can
Nc mad consistently with pressing claims it it certainly
desirable on general grounds. would give un impetus 10
tine internal commerce of the state under The
embar of our fSnnces brn. to market mn in
crease OF produce which shipped would add largely 10 the
amount of foreign exchange This eny the rrea, do
slderntum at the present when all the nj
the country ought 10 be brought forward NEE, the emer
Gency AS I" the entire sovency of the country banks, AS
body, we presume no doubt can be felt.
The rates OF uncurrent money without alteration to
day with the reception of Philadelphia which wa, in demand
atfrom a II The Safety Fund md State Serur;
y notes were not bought freely to-day but more fam
the lack 1T means the of tho brokers' than The
ut an i"ation Bills of the StLc Pank Of New
Ae taken as usual those of the Farmcrs' and Mechanics,
"f that city at ~ per cent. discount.
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02

The CAMP.-Whnt is To prevent the little Camp
Street Theatre from gcins ahoad now The company
is very good Therei Mr. Barrett, first in gen,ee
Comedy, and funny enough too, occasionally, Barton,
always correct ani chuse; Holland, Momus, himself.
MIR. Morton, with perhaps not power enough, but re-
pectable the lively, and rather too inced chip Of the
old black, Sam CoweII Mr.. Archer not brilliant as an
actor, but not easily to be surpassed singer. Mr..
DE Bar, who only needs care in his dress, and
more labor in his studies, to become first rate melo
dramatic actor and generally useful. Those of the
softer Mrs. Stuart general stock almos
unrivnlled Mis- De Bar tolerahy good in almos, any
thing negligent and too apt to keep the stage wait
ing Mrs. Smith most unjusy unpopular. OF the
Ones Miss Verify of bright and sparkling eye mem
cry, Mr.. Paret and Others now here and expected
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02

FORESTS FOR OUR NAvY.-It appears by report Of
the Commissioners of the and Revenue in Great
britain, ntnIl gun ship contains about 1000 TONS or
5000 louS Of timber, which would ue 1000 trees of
- Years growth. 1t has also been calculated thai, as
not more than forty oaks, containing a load md n hnI
OF TIMBER III cac can stand upon acre. 50 acres nre
required TO podtc the oaks Necessary for every "a gun
ship.
his is an estimate Ofsome importance to other coun.
tries besides GfrHt Britain We believe tina, this Cow
ernlnent has set apart large tracts OF land in Florida
covered with valuable live oak timber to be reserved
especially for the use of the Navy. This is we-esue
ciay II the timber is properly looked after and is NOT
ielled 10y quatte's stolen for other purposes which
we think is not unlikely to he the cast.
But the white onk timber OF New England is also in
demand for nayn purposrS-aTd it is well known ,hut
this Kind of timber, valuable, indeed so nisucusnhe
IN sup building, Is becoming scarce every day
and IN few vears unless precautionary m,
are tnken vi" NOT be procured any price. The Gov
eminent should purchase, without delay SOM. qooI
tracts OF land, situated at convenient distance from ,,
navy .ads OF New En- and aud plant them with oak
"Gst, and other forest trees which are suitable I, h..
used VI naval Architecture. Tile expenses If this M
d'r'aklng would be Inc"lsilrmhlr, but the benefits
winch "onId arise from il ould be incnlcuaIla md
hic 100 "hvInhs forci pom ing ont Look nj the he
oak lu'kS of England which lav. furnished her with
wooden walls Tor cenurirs.B0s. Ier. Jour.
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02
CHARLESTON MARKET oe,b,.

orToN There has been considerable activity in un,,,y
sncs our review Of the 10Th when Ike into
on tue limited business which has been in the article
sor months past On Saturday last and Monday and rmes
DAY OF the present week. tie demand was limited and r
lots as changed hands taken prices bu on
cdhesday there was some concession favor of bu,
owing TO the extreme depression in the money market and
IN reased supply sale, since which tile bulk of onr
saes ba'es both Of the old and have been taken
cent per III decline The transactions nrc5s bales at
81 ats "a at Q; 5. at "; 1856 at 10; rs III 4at ma 4a
e 1863 at III lo' aties; 1923 l2s 4l 2 5la at
III al w bn'rs al ~ cents h. In Long Cotton nhou,
1913 bales Island have been prices fran
70 5o and y stained do at - and 10 cents per H.
has taken nearly all the old the first hands an,
IS tieces sold at 3d. 3s5 81 1877 u tcrces at b
per ios bs IN two or three weeks at the fhes the
crop W III begin to come freely market.
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02

The Armstad.-Thc case of tic imprisoned
Spanish gentlemen at the pretended suit of the
Pirates OF the Armstad, was to have Il hearing this
day before Judge Inglls, Oh motion to discharge
them The Sun, which inclines in favor of tho
blacks, says 'lhcrc are doubts whether the dcfcn-
dants are legally responsible for the alleged causes
of the prosecution which has instituted against,
them. Not at all. 1t is sheer case of false
imprisonment; the arrest was made by the abol
ZIONIST under color of an oath from the Pratcs;-u
is Illegal and disgraccful throughout. The idea
that imprisoned tolons, likely to be tried and pun
ished for piracy and MURDER can throw tho VIC
Tins OF their pcrtdy into prison, is too absurd for
discussion. As well might tho highway robbcr
throw into the same jail with hmsoltthe only evil
dcnce upon whom his conviction rests
", Y. Star
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02

what prudent man daro submit to such extorion or
even !olhroe per cont per month, "a very common,
exacllon) and not expect his credit blasted. The
TACT BENG known, what board could consistently
III the hest OF times afterwards discount his paper,
ana not be sub ect vote Of sensure from Stock
holaers, and from the community But disastrous
us such step and such cxtorton may be, there
perhaps some sensitive mercantile men who would
suonil to 1t, could they be Of obtaining enough
10 carry them safely and thoroughly out of the pre-
sent impending storm, ruinous as the price seems
10 be- The directors of our banking institutions
have an awful responsibility resting on their heads,
perslstng as they do in not discounting legitimate
| business paper. What is the m reliant to do =
Must he sneak in to the Usurcr's closet TO be ccced
or must he submit to equally runous but not SUCH
disasreea5le sacrifices, by realizing money goods
Ut lie has them) at auction2 Or must ho let his
notes and acceptances be protested The last is the
! most honorable, well as prudent course, cspc.
ciay Tor the solvent merchant, and it requires but
| tho moral courage for dozen strong houses to
form compact to proclaim in circular, that in
| consequence Of the banks declining to discount
good business paper with ample guaranty, they
| md 1t lmpractcate to meet their engagements
and therefore resolve TO let their obg ations lie
over unpaid until suck period their assets can be
made available, and recommend the same policy tc
the trading and commercial community generally
! rather than make eXtraord nary sacrifices. Who
could blame them ? No one, IN sincerity, because
it would preserve the very best and unrcducet
means OF payment 10 all their creditors, and more
over it would be doing only what tho non-spcci'
paying banks are at this moment guilty of, while
they arc at the same moment Withholding from
suffering community that relief which they ar'
bound 10 & i've or TO return ~ specie payment
forthwith. The remarks apply to the spcc
paying banks, who are worthy OF all prise il the
can 60 and redeem in gold silver not on
their notes but their Deposits also, provided the
discount real business paper for the Legitimate
wants OF the community, SO as not to prostrat
Trade and Commerce. And as to Real Estate, Il
what ehb must it. fall when money Cannot be hat
for business. paper of uadoubed sovency, will
collateral security upon it? If degradation is Il
come who had better feel it The banks tn
people We must not be so tenacious OF the hon
or of our banks especially tho non-specie payin
insttutIons) and so unsympatIising and cuous t
the fate of the pcrpIexcd and struggling mcrcantil
community. Locking at the dan kcst side of til
banks, they had better lose their charters, whic
they can get again if the community are mad
their friends, than that nnkrnp.cy and ruin Shout
be the fate vi the lat presently nulbcrlcss
, lVENr MERCHANTS.
True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-02

a great meeting OF the Merchants and Troders was
he'd IN the Park, New York, the Odd with the view
OF urging the banks to suspend specie payments or to
extend the time OF their discounts None Of the papers,
except the Herald, gives any account of the meeting
ana that 80 ridiculous and garbed that i, affords no
correct information. We understand, however, that it
was resolFcd that untess relief was afforded by the
oahks 10 an extent suthcen t" prevent continuance
OF tue great sacrifices, the merchants had been CON-
peled 10 submit to on account of the scarcity of money!
hat tey would cease to honor their obligations or pay
their notes.
we shall doubtless her" full accounts ofthe meeting
o-day, with the determinations Of the banks