Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-01-04

that some grand humbug should be got up to prevent
any Investigation Of their concerns, and to conceal
the defacatiens and frauds which are, as yet only
whispered among the rogues themselves As one o.
the plans to cheat the legislature ridiculous story
OF conspiracy" by the Earrings, of London, and
rrme Ward of this city, has been manufactured
ana published, first in the "Courer * Enquirer
here,oi S52 600 noteriety and afterwards in the Other
wall st. papers, every one of which have been paid
lot the service. These ridiculous cheats,-fo Prime
" Co. have not brains enough, to say nothing of Ca
pital, to conspire against fat hen and we'll fed
chickens-have been carefully reprinted in the Penn
sylvania papers, and intended to produce an eff
feet on the governor and legislature Of Pennsylva
MIA, to conceal the bank defalca,ions.
As part of the game, the silly bank bought
press of Philadelphia is constantly filled with such
TRADES, that which have given from the
Commercial Herald"-but their very laughable VIC.
lence and ridiculous buster defeat their own pur-
pose So far this journal is concerned, we
belong to no Is New York SYSTEM" that is OPP
posed to PhiIadel phia-and the people of Phila-
delpha-the honest people-acknowledge, in the
most substantial form, the truth of this asser.
ton. When their banks suspended fraudalenty a
second time in August last, circulation in the
city of Philadelphia was hardly fifty. As
that suspension became certain, although we bave
had, and still have, the most friendly personal rea
tons with Mr.. Biddls, Mr.. Jaudon. and Mr.. Hum.
phreys. of Liverpool, yet we permitted the
friendship ana personal esteem for these amiable
for moment to cloud mind to the
character of he movement of which the United
States Bank became the instigator and patron. We
have expressed the sense of an honest and upright
heart upon all the bank movements Of Philadelphia
from the first suspension, up to the expose of
the Schuylkill Bank and what is the fact From
a circulation of fifty Heralds in August last, we now
count circulation Of nearly 1000 copies the city
of Philadelphia, without any solicitation, expecta-
ton, or effort on our part.
This curious fact has satisfied US that in spite of
tAe vanies of these banks and the corruption Of her
newspapers, there now exists In Philadelphia and
through ou Pennsy vania vein of honesty, as pure
and as inexhaustibe her eternal beds of anthra-
cite and however She may be tied up the meshes of
swindng system, she will vet burst her bonds and
come forth honest and free. Hostility to Pennsyl.
vania or Philadelphia, such never crossed our
mind for moment. We are only hostile to disho-
nesty and and fraud whether it be generated in New
York or Philadelphia. We have treated the bank
frauds of New York with the same severity that we
have ever treated those of Philadelphia In every
instance, in tn State, we have been the first TO
S ound the alarm of bank msmana cement, and for
this watchfulness and industry in the of pub
lie morals we have received support and pstro.
mage unparalleled in the annals of the New York
press.
Let not, therefore, the honest community of Penn
sylvana be deceived by the tricks of their great
fnancers and great felons. The crisis Of the ba Gk
sy stem has come in good rnest-and the leg.s
latures Of Pennsylvania and New York may be |
Dough and brbed for the approaching session, but |
that will not do long In this state the free bank
system will be thoroughly examined, and in Penn
-ylyania the real condition Of the whole array Of
banks must undergo like search. The fruit is |
ripening fast. And now 20 close put it TO the \
people Of Philadelphia themselves, TO say, which of
he two Heralds is the most crazy" the most !
{ deflmatory," the most hbellous"-whether it is
he New York Herald or the Philadelphia Herald
)ron.io Of Ephesss or Dromio Of Syracuse? Don't
aug decide.