Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-29
Defhlcasssus and Disassreas DeveAoPsm&nss
OF the Day exPlaineA.

OF the Day expt1Ane0s
In the Herald" Of this morning there 10 an adver-
tisement relating to the affairs Of G. w. Tyson; by
reference to which il will be seen, that all those mat
tiers have been put into the hands Of assignees,
with view to their settlement speedily as posi-
bic. II appears that Mr.. Tyson RENTED money
whilst at Mobile to take up of the notes with
forged endorsements and that, when last heard FROM
he somewhere in the neighborhood Of Msss-
sippi; it is most likely however, that we can cor
recty write G. T. T. after his name, and that he is
now in Texas; whittier some persons interested in
his arrest have gone with the intention of apprehend
ing him and bringing him back to this city. The as
signmen in the interim, being made for the purpose
Of preventing those in the SOUTH who are indebted
to him, paying to him or his order any more
money.
Thus much for Mr.. Tyson, and the trouble he has
occasoned his creditors and friends and the state of
his complicated concerns at presents and for the
analysis of the various defacations, and disastrous
Developments that daily taking place in this
city, particularly in W all street.
The public are utterly astonished and the pu bile mind
completely unhnged, at hearing of the numer-
explosions and frauds and forgeres and rogueries
that have recently taken place in this city such as
those Of Swartwout and Price, and particularly those
under the circumstances with the terrible
explosions OIL schultz ana Tyson. but the truth is
that these defaulters under existing circumstances
and in the present state of fashionable society and
public morals in this city, scarcely amenable for
the faults they have committed And, indeed, if two
or three dozen Of the frequenters of Wall
street were to hang, or shoot, drown, poison
themselves, forge and steal and run of Texas,
they would hardly be amenable either, situated as
society is in this city at present.
All these disasters and defalcations, and forgeries
and frauds of Swartwout and Price, and Tyson, and
Schultz, and others (Which we could name, but will
no that about to take place shortly, bat the
natural result of the corrupt and dspraved state of
society and morals, amongst certain class set of
classes in this city. The bankers and brokers of
Wall street, the financial portion Of the people
many Of the merchants, and most of the religious
classes, now, and have for time been living
under species Of splendid hallucination, amounting
to perfect fanaticism. Hence the love Of parade,
and dress, and display and carriages, and establish
ments and foreign furniture, and costly wines, and
plate, and spendor Of every kind in living that has
been practised for time here and which has
naturally led to these results.
Let those who sceptical on this subject call to
mind the sales of curious and splendid furniture that
took place this month and last in this city let them
look at the struggle still making by those who ape the
iead IN iasnion the TON amongst lock at the
Bloomingdale road Sabbath aftsrnoos, aye, and
on week day too, and observe the carriages, and
horses, and equipages, and servants, and Hveries,
and dress and folly and vice. and beauty and splen-
did misery, that may be there; many Of these
establishments, doubt, sported by persons who
can afford to support them with honor and honesty
to themselves and others many the contrary-too
too many are displayed by those who only do so
by dishonesty. How many Of the young men are
there, who periodically drive and ride to Harlan,
Yorkvllc and other places the avenues on horses
and in carriages of all descriptions some with fe-
males, without, few sober and the balance not
so, who only afford to act thus by practising
frasd upon fraud second crime to cover first of
fence, cheating their employers and their creditors,
forging notes, drafts and checks making false entries
in cash books and ledgers; in short, living in the
commission OF ncipient crime Of every kind, in order
to make this unnecessary and stupid display OF their
own folly and this preposterous parade Of their
peculatng pursuits.
Look, also, at the houses and buildings that are
going up in what called the fashionable quarters
Of the city; many Of them is money expended
that does not belong TO those who making the
outlay. How many such instances may be found in
a. days walkl How many married men (alasD are
there who live in the open violation Of the laws Of
God and man-(men reputed TO be Of the first stand
ing in society)-whb keep seraglios, and expensive
establishments in different parts OF the city, at the
head Of which are beautiful but abandoned women
whilst the worthy and neglected wife weeps in sor-
row and solitude at homel In short, look at the
general tone and character of the morals Of what
are called the higher classes Of society in this city,
and II IL be rotten and corrupt And is there
any check TO this from the bench or the pulpit
None whatever On the contrary, those whose duty
il should be TO arrest this Of crime either by
their silence, the force Of their own example, en-
courage the whole Of IL. The clergy are quarrelng
and fighting uriousy about ridiculous points Of faith
that amount to nothing in the end, and leave the
"vast concerns of an eternal scene' untosehed un-
noticed. The hoary and wealthy sinner who takes
his pew in the high places OF the church, and rolls
to the door in his carriage, goes not only unrebuked
but even is indirectly applauded
Nor is this all The banking system is in the
same corrupt state; and the system of the Wall
street newspaper press is still worse Instead of
preventing pronigacy and crime, both have directly
indirectly aided and abctted its commission.
Both have been curse to the country, and will con.
tinue So unless the good sense Of the great middle
classes OF the country bestir themselves and stem
the tide Of corruption which is sweeping over the
city and country with desolaing influence, leading
every one to forge, and steal, and commit adultery
and seduction, and away to Paris and Texas and