Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-09-29


to pour along in shoals. Two live eagles were
broue ht along in a cart, and much laughter was &C.
casioncd by some ono s,nging Tippccanoe song to
the tune Of the Old tiuhdred.
The meeting was called to order oy Mr.. w. Todd.
who nominated the following gentlemen for officers
the motion carried -
OrFIcrRs OF THE MEETING.
PRE.IprSr-JovATHAN GooDHuE.
vIcE.PREsIpESTs.
Beni. Strong, PeterJ. Nevius,
lanes Rrown VIM. Scott,
Ed J. Faile. Hugh Auchincloss,
David Lee James j. Van Allen,
iona. Sturges, n Shshinap,
Stephen Whitney, Taos brooks,
lanes s King y. w G. Olyphant,
Iohr Hagyerty John p. Stagg,
John Rathbone, Jr John A. Underwood,
G p Disosway Henry X. BSgert,
Charles II. Russell, Russell H. Nevius,
John w Harris, John Van Nostrand,
John. d. WCife, Abn Fardon.
SrCRErARrs.
WIN II. Asrinwail.
Thomas Williams, Jr,
Augustine Ayer1,
John Steward, Jr,
f. p. Hover.
Mr. Webster arrived at the Committee Room at
half mast Que, by which time there were at least
1000 persons present. He began his speech about
. ouarter past o'clock. lie looked very pale. As
.oo, "a ne ,ppcared the air was rent with shouts
Moses II Grinnell, Esq. rose to propose a series
ofre.olutions He said, al proud to congratulate
so large an assembly OF the real merchants and the
real trader of New York. (great cheers.) We
have come =. re to express real sentiments, and
TO express opinions in regard 10 the adoption Of
such measu as shall tend TO make the whole coun-
try prosper and happy Gentlemen, shall no.
de,ain YOU longer, because j shall be followed
by one who discuss these matters much better
than can; / therefor shall read you the reso-
lutions."
The resolu..lns were then read.
Alta quarter past two q ere were very little short
of 10 900 people present; nd the Numbers kept in
crcasins. Every moun,able place was occupied
from the house tops all round to the trees and scat
fold poles
The cheering on the rising Of Mr.. Webster, wa.
loud, long, and Tremendous
He said 81 asare, M friends, both Of the honor
aud the responsibility sfthis occasion. For an h
i, certainly is to be requested to address body Of
merchants IS intelligent. as enterprsing, as respcn-
sible, as ary In the world 4 responsible under
taking IL certainly is. 70 address such an assembly
on subjects which many o.. its members understand
in its intrieaeies, aui IN many Of its elements, at
least, IS well as do ad many Of you in ITS prao'
teal arra1 yemeu,s under,tsnd il msch better.
The subject e tho currency Of the country is al.
way. important and al rsys complex; and IL becomes
with US the great Que sion q the time, and do not
shrink from expressing my opinion here to-day,
since am in public LIE, and since upon this question
another great political question seems likely 10
turn, ard upon this subject Of the currency one
administration Is about to go out Of power, and
othcris about 90 come into power. (Chcers) I'm
der this state OF Gree .nsances, IL becomes me TO
premise what have 20 say to-day, by renarkiog in
the first place, that } rrpose to speak for myself
and for nobody bat myself My geaeral opinions
upon the general sutje the currency have been
long well known, and il becomes proper to say that
all those who have opposed all that has been recent
ly done, will ere long be called upon to propose
some remedies Of their owr. Bu, ! feel IL especially
incumbent on again TO that what say here
this day, say Tor myself
And pretend no; 70 havs any other authority to
speaking ofthese matters ib nymy own Permit
then gentlemen to state to ,ou as a sound PROPOSE
ton, one in which believe myself, aud in
which the gr at body of me chants ard traders in
every part Of this country b,lieve with me for
believe IL is a generally infirmcd and received
opinion among merchants and business mcn--that
we'll regulated currepcy-a currency compossd
partly Of gold and silver, and partly Of solvent and
well conducted paper, !, peculiarly fitted for th.
Of far less cost, and reader Of sporta,ion in
mercantile point Of view and far more handy and
.ervicsabls in the ordinary and every day transsc
tions OF trade.
And to well manage this currency composed, as
assumed, Of gold and silver il is necessary 10 have
the agency Of banks and by heir agency, well and
safely established and regulated. this mixed cur
rcnoy will be found particularly adapted to the
camille and general trading purposes Of the United
States An exclusive metsIlis currency for the con-
Quoting Of mercantile, trading and other forms Of
commerce and exchange Is viscIsry. avery fallacy,
sdelusion. aud will be founy in pEctiee, as eum.
bersome, as impotent to fu6Iihe purPose for which
IL is designed in fact and as impossible Of esesuthn,
as II IL a-.osnd and false u theory currescy
such as have been speskinScf so,fnd, well resu-
lated currency Of metal and ,Psr, Il been found
A.