Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-12-17

off at the Traders Bank on Saturday
last, in the shape Of tremendous run
tor specie at the counter of said insti-
tuition by an individual, known as IA
prominent supporter Of Mr.. Van Burcn
and his doctrines. The facts as nearly
as we can gather them, are briefly these:
The individual alluded to, Col. Rich
ard Shaw in consequence of the re-
fusal fthc Bank, for reasons that cnn
be better explained by the Directors
than ourselves, TO discount u Note Of
fered by him, resolved To be reyenged
Of the institution, and therefore went
to work collecting all its bills he could
find for the purpose Of draining the spe-
Gle from It's vaults, and thereby yainly
endeayoring to cripple its business ope-
rations. Accordingly. on Saturday
morning last, tho Colonel made his ap-
pearance in appropria persona, with Il
clever sized roll Of bills and hvgebag
to put the rhino in. He opened his
budget with one Of his best bows (and
there are few who can do that thing in
more exquisite stylc,) and was met at
the counter with an exchange Of civili-
ties equally rs graceful and dignrfied
from Mr.. Mu,nford, the well known po-
life and accommodating Cashier. The
ceremony Of demanding the specie, it IL
said, was of the most burlesque descrip-
ton. The Colonel drew forth his bills
(aiter the manner that a learned Judge,
we believe, once recommended to be
the best way to pull out horses tail
one hair to a time bill by bill, and as
he lay them upon the counter, emphati-
cally and very politely pronouncing at
the same time" The specie far THAT,
sT, if you please" he was as promptly
met with "Mere II is, sir" until lie had
exhausted his one dollar notes, when
he presented, separately, the notos Of
'anoihsr denomination, rs he called them
the two's---nnd demanded in like
manner, the specie for thom--nnd 30 on
with the three's, fve's, tens, twcniics,
&c., occupying nearly tho whoie day in
drawing out the enormous sum Of $500,
or thereabou.s, in specie, to CRAFTY his
private spleen towards two or three OF
the officers ofthe Bank. When no had
got through, he most courteously re-
marked to the Cashier, that he should
soon pay him another visit, and being
informed by Mr.. M. that he should bo
happy to wait upon him, or any other
gentleman, the Colonel walked off with
his bag of the Bentonian currency.
The Colonel has not yet appeared
again, but we understand is getting
ready to make another haul-buying up
the bills of the bank, with the specie,
wherever he can find them. To show
how ridiculous this piece Of foolery is,
OH the part of the gallant Colonel, in
endeavoring to tnyure the Bank by such
proceeding, we learn that more spc-
Gle by fifty dollars was deposited in the
Bank the next Monday, in less than one
hour after it was opened, by various in
dividuals, than tho Colonel Jngged on
Saturday.
II is q matter Of no little surprise to
the public, that the Colonel was per-
miucd to occupy so much unnecessary
timc in exchanging and demanding the
specie for his bil!s---contrary to all
usage, and law too, if the decisions OF
Judge Story in relation to such matters,
are worth any thing.--But the DISPOSE
4 tion to indulge tho Colonel in his suppo-
sed formidable and irksomc operation,
accounts for the lorb.arance exhibited
/ by the Cashier on that occasion.
We should recommend that when the
!, Colonel next appears, with bag IN hand,
the Bank run on, bIack flag, in token
Of distress, aud that seats be provided in
the lobby of tho Bank, to accommodate
spectators who arc desirous of witness
ing the interesting exhibition.
\ We understand that Richard X. Ran
dolph, Esq. has been appointed by Gov.
|. King of this State, associate counsel
with John Whipplc, Esq. TO argue our
| Northern Boundary claim before the
L. S. Supreme Court. MIR. Randolph,
it will be rccolletcd, takes the place Of
Hon. Benjamin Hazard, who has been
engaged in that suit for several years,
but whose feeble health will no longer
permit him to attend to tha, important
duty
i NArIoNAL BANK The New York