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

meeting Of the friends Of a uniform Bankrupt
law held at Lafaye cite Hall last evening There
not a very large attendance, but we observed
Mr.. Sas NJ. Stilwell, Mr. S. n. Foot, Mr.. Ray
mond, and several other gentlemen who have in,e
rested themselves particularly in pushing forward
the project Of general bankrupt law.
Dudley Selden, Esq. presented q resolution that
the relation Of debtor and creditor had become so
extensively deranged, as to require the interposi-
ton of legislation 10 set il straight In supporting
the resolution Mr.. Seden said, a. 1t s the duty Of
Congress, under the constitution, to cancel the obi
cations Of the debtor TO the creditor where there
no property to do it with. La the embarrassm ents
into which the country has been plunged, property
has so changed its value to put thousands of ho-
nest men in a condition where they cannot relieve
| themselves from their obligations, believe the
trainers OF the constitution looked forward to the
time when legislation should be necsssary to cancel
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 acelamation.
AMERICAS STEAM SHrPs.-Wc understand that
the fine barque " Clarion" is to be turned into
steam ship. She is now at Havana, and the altera
tion will not to be made till her return hifher.
The Clarion" is owned by Stephen and Russell
Glover, two enterprsing merchants Of this city, and
known for their nautical knowledge-both having
been commanders OF packet ships. II is their inten-
ton TO have her propelled through the water with
the Archimedean screw paddle, which runs out at
the stern and is entirely submerged under water -
This paddle has been found to succeed admirably in
England, and is easily adapted 10 our clipper
-. L. +
ike patent cork screw central strs ght spindle,
and lis rropu.ive poweris very great II 10 thought
that a 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 a scu in a small row 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 we learn that the Messrs GIo-
yer will shortly build another vessel about the szs
Of the "Clzrion, with every thing on the Archme-
| dean plan. Both will then form line 60 run be-
tween here and Havana, and perhaps New Orleans
They can also cross the Atlantic.
How singular they viii 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
Common Council, three members elect Of the lie.
gislsture, and delegation Of the School Fund Com.
missioner visited ~ Of the public schools in this
city. They 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 CTScfsNATI.-C .ncinnati is TO be, In
great measure, gentlemen, the furnishing point Of
these States. II You want any proof Of this. just
CONE down and acquaint yourselves with our nstu-
raj and artificial snshed and construct ng, channels
or communication and then take walk about town
with u.s. and look into our Wholesale dry goods and
grocery stores, and our well filled hardware esta-
blisbments. We have jsst taken such look our.
selves, and have been amazed NJ the heavy stock III
merchandise now on hssd in or city. All ii per-
feet lam, from attic ~ foundation Stone" Crowd
ed pavemen,s, thrcnged passages full packed rooms
and creaking tirbevs, have been the order OF the
day here Ter weeks; and we verify beievs that
Cincinnati has II this time, In store, dry goods
eeries and hard e,ough TO supply the wants of
any two three States west Of her till next sPrlns