Lincoln telegraph. [volume] (Bath, Me.) 1836-1846, 1841-01-28
THE LINCOLN TELEGRAPH.
0 AT n NJ E:
THURSDAY MoRNiNG, JAN. %.
New YORK, Monday, Jan. l9.

NEW YORK, Monday, Jan. H.
The ruling question in our business circles,
through the last month has been-'' Can the
United States Bank resume Specie payment ~
Reams of paper have been wasted in its discus
sion. Aside from the Loco-Foco party and its
journals there are strong moneyed interests in
Wall Street which long for the overthrow of that
Bank. The organs of the cliques are the Journulof
Commerce, and Benefits Herald, both protesting
independence IN politics, but decidedly Loco-Fo-
co in all matters of Currency and Finance in
fact hardly know in what respect the Journal
of Commerce is not Loco-Foco unless it be in
open profession To these may be added the
.he,0 York American,a journal moderately hostile
to the Bank, in conformity to the views ofcertain
great Banking Houses. The Journal of Com
MERGE has for years warred upon the u. S. Bank,
with cold malignity which the Globe might well
be ashamed to exhibit. Once and again has it
demonstrated after its fashion, that "the monster"
was incurably done for-that it never could re-
sumo and ought go at into liquidation. 1t
may we'll be assumed that an equal amount of hos
tlity, directed against any other institution would
have broken its back.
In Wall street, ten to fifteen days the opin-
ion was pre- valent that the Bank could not keep
its Golfers open single day. Nearly all the bro
kers are, from one cause or another hostile to it,
else DESTROYS to prolong the reign of suspension
for their own purposes. They had made great
preparations for running it soon as it began to
pay specie and were confident of success Well,
Wednesday last (two days before that fixed by
law its vaults were thrown open, and on Friday
every body was invited to step up and help
himself. Every body was on hand for the ru-
had been spread that the Bank would keep
stiff upper lip fora single day, and then suspend
again. An immense crowd surrounded the Bank
before the doors opened, and so through the day.
All the other Philadelphia Banks had drawn in
their entire circulation; so the strain was on old
Nicholas alone. He was all ready A double
row Of clerks lined the counters; and the Bank
was keyt open te a late hour to afford every body
chance. The specie was called out bountifal-
y-$600,000 in the course Of the day. On Sat
urday only 100000 was drawn; and the Phla-
delphians seem now to consider the about
over. hardly think so our brokers sent off
now as though the old marble Pillars would defy
all their efforts. So mote it be
We have but little political excitement here,
yet that little is Of an acrimonious character. 1t
grows out Of the ':Last Card" operations of No
yen,ber last Gov. Seward has recommended to
the Senate the removal of Mr.. Recorder Morris
for his participation in that business, and has
dpa flato
President protem of the Senate) to take his place.
The removal of Mr.. Morris, is naturally, worm
wood to the soul of Loco Focoism; while the sub
sttution of Mr.. Tallmadge is distasteful to mauy
Wings, on account Of alleged peccadilloes in pr-
vatc life of which he has been guilty. Our old
Editorial eteran, III. NJ Noah, who has been
nominated for side Judge of the Criminal Court,
is assailed with equal viruence--I think most
Justly He is an able, experienced active and
kind hearted citizen. | think the clamor raised
will not prevent the confirmation of either ap-
pointment
Apart from the above, there is little stirring in
our city. Business is dull, in spite of the better
news from Europe Cotton does not advance as
was expected. Grain barely holds its own. Mon
ey is not absolutely scarce except among those
who have not wherewith to buy it; but there is
little enterprise ailoat Employment is difficult
to find in almost any capacity.
Public amusements are likewise at low ebb.
Two ofthe great theatres Park and Nationally are
shut up and the Bowory is turned INTO Circus.
The Park has been reopened as kind of loung-
ing-house, under the style Of Concerts la Mu-
sard, where you can walk and talk with friend
or sit and listen TO instrumental muslc-Price 25
cents. The main theatres aasllng with in
different success. Public Lectures, (of which
were anon) have killed the Drama, and Morality
rejoces at the issue. Yours G.
The Boundary Question.
An intareStinn dehate snrunu un In the