Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-11-20
General Bankrupt Law.

A meeting Of the friends of a uniform Bankrupt
law held at Lafayette Hall last evening. There
was not a very large attendance, but we observed
Mr.. Silas nj. Siiilwell, Mr.. s. N. Foot, Mr. Ray
mond, and several other gentlemen who have inte
rested themselves particularly in pushing forward
the project Of general bankrupt law.
Dudley selden, Esq presented a resolution that
the relation Of debtor and creditor had become so
extensively derapged, as to require the nterposi-
ton Of legislation TO set il straight. In supporting
the resolution Mr.. selden said, "It 10 the duty Of
Congress, under the constitution, to cancel the obi.
cations of the debtor TO the creditor where there is
no property to do it with. Ia the embarrassmsnts
into which the country has been plunged, property
has so changed its value a. to put Thousands of ho-
nest men in a condition where they cannot relieve
themselves from their obligations. I believe the
trainers OF the constitution looked forward 10 the
the obligation between the debtor and creditor
That time has now arrived. The moral duty OF the
debtor is discharged, when he has appropriated all
his property TO the payment OF his debts.''
After Mr.. selden had concluded, the resolution
was adopted by acclamation.
AMERICAS STEAM SHips.-we understand that
the fine barque " Clarion" 10 to be turned into
steam ship. She is now at Havana, and the altera.
ton will no, to be made till her return hnhsr.
The Clarion is owned by Stephen and RasselI
Glover two enterprising merchants Of th, city, and
known for their nautical knowledge-both having
been commanders Of packet ships 1t istheir inten-
ton 10 have her propelled through the water with
the Archimedean screw paddle, which runs sur at
the stern and is entirely submerged under water -
This paddle has been found to succeed admirably in
England, and is easily adapted TO our clipper
k.,l .k,.s a~d bar The IL H.
like patent cork central stra ght spindle
and lis rropulivc poweris very great 1t 10 thought
that vessel like the Clarion" can be made to 70
at the rate Of ten TO fifteen miles per hour with per-
feet ease. The power is greater in proportion than
that Of scull in a small boat. The paddle does
not in the least interfere with the steering of vessel
but In truth aids in bringing her aboutshorter cor
ners can be turned.
In addition TO this, learn that the Messrs GIo-
yer will shortly build another vessel about the sxs
Of the "Clar;on" with every thing on the Archme-
dean plan. Both will then form line 10 run be-
tween here and Havana, and perhaps New Orleans.
They can also cross the Atlantic.
How singular they will look on the ocean, without
any appearance OF being steamers, having no wheel
houses, dashing on through the waters twelve miles
an hour against head winds
fUbLIC StHooLs es'tfuaI fOuT Of the
Common Council, three members elect Of the lie.
gslature, and delegation Of the School Fund Com
missoners visited ~ Of the public schools in this
city. They were accompanied by but one member
Of the press, one OF the special reporters Of the
New York Herald" We shall give full particu-
lars Of the whole affair hereafter
TRADE IN CiscrsNAri.-Cncinnati is to be, In
a great measure, gentlemen, the furnishing point OF
these States. III WOW want any proof Of this. lust
come down and acquaist yourselves With our pstu-
raj and artificial, knished and construct ng, channels
or communication; and then take walk about town
with us and look into our Wholesale dry goods and
grocery stores, and our well filled hardware ests-
bfshments. We have Jest taken such look our.
selve, and have been amazed At the heavy stock Of
msrcAasdise new on hasd in Our city. All iss per-
feet Jam, from attic IN foundation stone" Crowd
ed psvemenis, throrgcd passages full packed rooms
ssd creskins tinbers, have been the order Of the
day here rsome weeks; and we verify believe that
Cseisnat has, ~ this time In stere, dry goods gro
ceries and hard enough 10 supply the wants of
inv ~ ort hrce Sfate W. of her till n