davidaulloa/AmericanStories huggingface dataset:
The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-05
New YoRK, Sept. Is, 1912.

DEAR SIR: You do me the honor to ask my opn
ion of the scheme of a convention Of the friends Of
international copyright, to be held OF Baltimore
Washington, in the coming spring The friends
Of copyright must move with care and discretion.
Their cause is one, unlike any other to which
the world is accustomed TO lend itself 1t is altoge-
Their a thing to have literary agitation-so
and surprising, that many wise people thrown
from their balance at the very suggestion OF the rights
of authors The cause is good and noble one, and
must not be eoparded by rash and hasty action. The
public mind must be prepared for it. Authors them
selves must settle and define the grounds on which
they would have it prosecuted They must hold
counsel together to the means TO be employed to
further it, and as to the manner in which it shall be
presented and enforced In every city and township
in the country, where sufficient force can be
BLEED to warrant il, there should be formed organ-
cation of authors and of letters interested in the
subject to deliberate and act AS soon as
sured the entire strength of the is ready TO be
brought TO bear, it icoud be proper, II seems to me,
to hold a great central meeting convention where
the subject may be brought forward III the most i'm
posing and commanding manner
No place could be more suitable for this purpose
than Washington and the time should be such as to
insure the presence of the members Of the National
Legislature, who TO finally pass upon the ques-
ton. With an opportunity of this kind, powerful
and unacceptable impression might be made upon the
minds of many who have heretofore argued and
passed upon the matter, in the dark.
That the agitation of the question should be kept
up by all fair and honorable means, do most GER
tanly believe. The time spent upon il will be well
spent. 1t will repay patriots and statesmen quite as
well the agitation Of any of the political topics of
the day. The nation has quite deep stake in it
any matter present before the public mind Not
tangible measurable perhaps, as IN the tariff or
land bill, but involving interests which-though now
yelled from yiew-wl hereafter disclose themselv
the nation itself may determine by granting or with
holding the LAWN such hosrle or friendly shapes
shall, on the one hand appd, the other, de-
distant day.
Very truly, yours,
CORNEIII MATTHEW'S
The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-05
From he BdTflUOre lSiIer
THE PROPOSED CONVENTION OF THE
FRIENDS OF COPYRIGHT.

1t will be recollected that, in recent number Of
the Vister proposed convention of authors,
publishers and others, friendly to the enactment of
law of international copyright, to meet in Balti
more Washington some time during the next
sion of Congress, in order to enlist the cooperation
of the statesmen of the land, while concentrating
and consolidating general public opinion. We asked
the opinion of Mr.. Cornelius Mathews, the fearless
and untiring champion of the measure, 10 the fea
sbility of the step, and also that of brethren of
the press From the latter, we have not yet had
time TO hear, hope shall very soon, and
nv generally. Our asking Mr. Mathews opinion
called forth the following cooperating letter. which
we take the liberty of publishing, hoping deep
anxiety to the cause advance will be sufficient
apology;
The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-05

COAL AND LUMBER l0 tuns Of very SUI
~ perior Lump, Broken and Screened, Egg, Nut
and Pea COAL, for sale by the tun or cargo.
Also, $4,000 feet of in. white Pine Siding.
Inquire at Coomb's Wharf Eastern Branch.
DE WERE, BURR & co,
oct 5-9ts
The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-05
MEETING In PUTNAM COUNTY.

Whereas there appears 10 be an effort now ma
king on the part of number of disappointed poll
ticians to prejudice the claims of Henry Clay for
the Presidency, by reriping exploded charges against
him.; and whereas also, we believe Mr. Clay pledged
to The spirit Of the Compromise act, introduced by him
self Congress during the great excitement on the
subject of the Tariff in 1898
Therefore resolved, |. That the South is under last
ing obligations Mr. Clay for the Compromise act, and
that cannot too highly appreciate his patriotism,
when he nobly stepped forward between the two
tending parties and offered the olive branch of peace
when naught was heard but the muterings of stern
discomfort, and resigned his peculiar notions upon
the altar Of his country.
ReS0ired, = That a statesman consider him
pure and interrupted by the glittering prospects
of office, and that we deem him al his time and
under eristng circumstances the last hope of the Re-
public.
Resoired, 3. That we consider him pledged to abide
the spirit of the Compromise act and that at this time
we look to him as being the only man IN the country
whose influence can carry out triumphantly the p,in-
cipieS contained IN said act
Resoioed, 4. That good citizens, we are ever
willing TO pay any tariff for the purpose Of reucn~, but
NOT A CENT FOR PROTECTION.
The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-10-05
JOHN Nj. ASHURST,
JOHN III. WALLACE.

Now, how does the above tally with the spouting
and speeches of his friends in this quarter and urth
north We find the old game is playing
set Of principles for the south and another for the
north The truth of the matter is, they so for power
and patronage and care nothing for the country, its
institutions, or lis prosperity
In addition to the above, we copy the following
from the Savannah Republican, the principal and
leading organ OF the Wings of the South
Beyond doubt free trade, to use the language of
MIR Clay, would be the universal interest of nations
il it could universally be brought into practical OPP
Grafton. Beyond doubt il is never the interest of any
nation to use It's revenue as hot-bed-by which 10
force industry 10 premature and unnatural growth
And, ihough u has been asserted, IL cannot be prored
that Mr. Clay has supporters the friends of re-
stricye system for the sake gprotecon save only as
Incidental 10 revenue.
ave DENY that M Clay or the JVhigs Of Georgia
,rhose candidate he IS seek for the establishment ofa
PROTECTIVE 7.7RIFF bat adhere to the principles
Of the Compromise act"
This is the ground taken by the Wings of Georgia
They support Mr.. Clay, because they suppose him
TO be determined to adhere to the principles Of The
Compromise act, and TO be opposed to protective
tariff
Now we ask, what confidence can be placed in
"Mr. Clay or his supporters" who have set OF
princp for the north and another for the south
Here they say he is in favot of protective tariff
further south they DENY positively in public meet
ing, and in their leading organ that he seeks for the
establishment of protective tariff" VIII the people
be again humbugged and deceived by such Janus
faced politicians Will they any longer believe their
promises will they not, on the contrary-now that
they once yielded them their generous confidence" in
consequence of their solemn declarations and pledges
to promote their interests they are too intelligent TO
be again deceived by their betrayers
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

We noticed in our asttaoa,ase accident which
happened between this place and Peru, at The
Little Vermijion river. As we then stated, the
four horses were drowned. The coach, mail, and
the principal part of the baggage have since been
recovered. The papers off. Y. Scammon, E5,.,
we understand, have also been found, and were
not materially injured by the water.
No blame is attached to the driver or conlrar-
tors on account of the accident. The Little Yer.
million river is one Of the most troubcsom, streams
in this section Of country, during the winter aud
spring. 1t swells Immediately after thaw Oh
rain to such an extent that travellers are uuah',
to cross it, and the source of the stream being
but a short distance from tn, ford, keeps th,
stream clear Of ice during cold weather.
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

"The Ottawa Free Trader, we learn, has it in
contemplation to get up similar paper (simllar
to the Old Hickory for clectionoering purposes
C5icogo D'mcga.
upYour author, Mr., Democrat! You, OF
your informant, certainly know more about our
business than we do ourselves Whom the
time arrives that our patronage amounts TO more
than our expenses, we intend to enlarge and 9TH
crwise improve our paper instead Of printing
separate sheet TO serve the purposes OF a few
political aspirants.
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

pCnngy 'y0UGa---ssoV. E'OT:cr's IlCssg-C.
The following binds cy, view Of Governor
ponyrH's Ncss1g, % the Lcsisaiur, of Pcansyl.
yania which by the by is very able and im.
por.ant dorumsu,, we lind in the PHILADELPHIA
U.S.. Gazette:
The Governor commences with that
which occupies nj. thoughts, the finances
Of the STATE.
Ih, state received from the National Govern
Tine ja'l.l delft or,hc state is 36,a3l,Oo5 Gs
The estimated value Of the public
improvements is 36,igG23o Is
Iuo interest, is 5000 90
The whole utom, of the state is 9!lOl! G2
The State tax will gyc about $4,000 90
The Governor recommends that the
faith Of the State be maintained, at all
hazards, and the interest in February,
and some of the principal in May, must
be paid.
For the debt to contractors, if nothing
better is found, six per cent scrip is
recommended.
The message recommends the sale OF
the Columbia Railroad, and the Delaware
division of the Canal, for which State
stock might be received in payment
The message recommends some action
by which the State may derive more pro-
fits from the canals then ii now does,
owing to the small number Of forwarding
houses.
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28
TWENTY.SEyENTU C0NGREGG,
SECOND SESSION.

TwFuTy.SFVFNTu cnuCRFcG
sE.oNO SESSION.
5-'"."i' "-l' D.. '.''a'c-hess.s,
" wright, Benton, and Calhoun presented
number OF petitions ANA memorials,
some Tor modification and others for
repeal OF the bankrupt law
Mr. Preston submitted resolution,
winch was adopted, lnstructlng the conf
miioc on the Judiciary to inquire wh2-
Their any further legislation be necessary
in case of the removal, death, or res'e""-
ton OF the Wee President, or Of the Pre-
slden: OF the senate.
y number OF uWmportant bills were re-
ported back from committees and several
ordered to he cn-rosseA Tor third read
'ng' alter winch the discussion on the pro-
posed board OF cXchcQUcr was resumed
by Mr.. Huntingdon who spoke on! thc
rest OF the day against the iiscairy.
Ho"e--5(r Russell, member elect
from Pa,' ,yIcc Judge Black, daccasod, J
appeared was sworn, and took bis seat.
Several petitions were prcson.d and re-
ierrod.
Mr.. Stuart .llis.) gave notice Of mo-
i'on Tor leave to Introduce two bills, VIZ
\ bill to establish a port Of entry at Chi
cago, and bill directing certain patents
to be issued for lands sold in the land Of
Gee ut GaIcna, His.
The debate on the tariff was now re-
sumcl by Mr.. W. Cost Johnson, who, IN
a speech Of about two hours, opposed a
protective policy. When lie had conclu-
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

The Supreme Court closed is late session at
Springfield on Tuesday, the 18Th inst. Thccon-
stitutionalty of the Illinois Bank at ahlwuag-
town, was sustained Judges Wilson, Smith
Lockwood, Browne, Treat and Ford voting in its
favor, and Judges Brccsc and Douglass voting
nrninht il.
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

Illinois Riuer,--Iloats arrived at Peoria on the
2lst inst. The river was entirely clear of ice as
far North as the Peoria Lake. Wagons cross the
river OF Ottawa on the ice.
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

$500 Rsray3.--Thc Sheriff and Prosecuting
Attorney Of Gala county, Ohio, have offered a
reward Of 5000 for the return of Frederick L.
Whiting President Of the Golpolis Bank who
has broken jail He is feet s inches high, very
laxative, fair complexion sandy hair, rcd wills.
kers, high eyes, chubby good looking little Il.
nanccr
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28


.,Io,,,n e., y y .cI---.--,,,: -
Ia,rnol non,,aoaa ta ~ ',5' ~ ~. 10
c,,;n, oyeoar;,,I,. ,,,,,, u' VA ''''0 ~
Mr. Rn,roEc-c ;r ",,,G. IN NJ ,rh,
thor his corst;tno,,s woro Jnn,aa.a,s ,ho.
,,.o .rla - raal a,,J ,,,'', 49, '''"'
NJ A-,,IJ coil lsr,ro IN ,,.I. L;o.
~. ,,'',.rI .l,,,,. ,I,,. orc, he J"n ,,S 800
n,,".;,no,,. h,l -. ,,,,cl loarr;nr W. nana,
or ,no oe,n,, or New U,mrshiro Whom
;n.o,r.'r..l H., was coirr to saw ,h,, La
rorr,,-;r ho m;Tht he pcrmi,toI -
;,lr,--.r,, n, gentleman had bosn ox-
c.o.,,,rr,. r,,r,r,[r,,, ON this occasion
aud D., rG,,,,.r. ,h,, ,bcro y,,e orcc -, I,ish
or,,.r ,.n,,;roorDnbl;, ,orbons , nos,
DISTINGUISHED ci,izoo. nv the name Ed.
mund pprfo and ,hof thcrc was also =
Gc,,oh,,,, l,. ,ro s,n,o surname ubo
,,,s worry, dis,;,r,;sLod IN his d,v. Now
vi,boYt wisb;rr. n ,r,nsrrces the ulcs of
! ,l:+ hynsc. lc would like 70 know from
which, of tl,so DISTINGUISHED citizens the
gentleman from \. uamnsLjre claimed
his ljno9rc
. Mr.. Burke said he would answer the
renleman's question in the Yankee way,
bv asking another. There lived, about
the time Of the American revolution, a
man by the name o! Benedict Arnold, a
very distinguished individual. lie mere
" Nll-hRI vEt ifnFl whom 'Lp Vpuilp-
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

Making EgH IF d "SaJe,t"--An old lady,
living near graveyard, in France, has been de-
lcccd in stealing bodies with view of obtain.
ing their grease for candles.
The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-01-28

L so'ltoa,-Rcaolution is the talsman that
forces ia, loolsat, of wealth, and unraycls the
mystery Of gclting rich.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-11
LATEST INTELLIGENCE
BY THE
SOUTHERN 4 WESTERN MAILS.
Washington.
correspondence of the Herald.1
WASHINGTON. Mon Law evening.


WASHINGTON, Monlay evening, May 9.
Con charlottesville Fraeas-Philndelpllip
Custom, Observation-Disclosures from Rhode
Island.
Tie Senate held an executive session this after
noon, and confirmed the following nominations
q. w. Lay, of New York. Charge d'Atfairs TO
Stockholm
Mr. billiard, Of Alabama, Charge d'Atfairs to
the Hague rr,
christopher Hughes, Charge d'Afairs to Belgium
Mr. Darling, Consul al Nassau, Bahama Islands
Mr. Twiggs, Postmaster at Winchester, Va.
The House had the appropriation bill under con
sideraiion late in the afternoon and passed upon Sc
veral of the Senate amendments. II will probably
go through tomorrow. The Senate inserted an
item of f;!ty thousand dollars pay for the tuml
ture of the New York Custom House. This will
probably be resisted in the House, and may lead to
some debate, but the necessity tor the immediate
passage of the bill is felt all hands, and there will
not be much more delay.
The difficulty between Messrs. Wise and Stanley
remains in statu quo-no challenge as yet
Mr. Roberts the Collector of Philadelphia, is I'M
derstood to have screwed his courage up to the
sticking point and intends TO be contuniacous bu
the removals in the Custom House will be made
even if it shall be necessary to begin at the head.
Mr. Dorr. the Suffrage Governor of Rhode Is
land and Du.ec j. Pearce, one of the great men
of the Revolutionary party, are in town. The pre-
else object OF this visit has not TRANSFERRED, but they
have come 10 invoke sympathy or aid, their Grand
will prove boctess one. The radicals, who are
ready 10 assist In oyerturning regularly constl-
tuted government profess to be ashamed of the
Rhode Islanders. They undertook TO make re-
vouton, without spirit enough TO carry it through,
and in the end will only get laughed at.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-11

cf%s :s md NV Sss s..&5 s ss
binS; Mas,nss; do @; A;,sc. H,;sl M,''P.a: Bari.
rr. Ga1ss Bl tsscy Bermuda and Dsmai,1a James Bar.
Clay tasy ao s s s Y Bs PT feg S Sa's
an S ol h'; GS b bsc % s6' lie
Kinney eP Nassau NP G. Laurie Rc'' ' '' '
Arrived.
Bh Ta T Rsn ss TTse Ms sSy from Nassau
Ship Hotinsaer Crabtree IS da. from Liverpool mdse
sbiq Albanian, Lane days from Mobile. with cotton 70
nj h put H S M, New esn sn l g. qs E B
i%., brig H!6ea Nod. ans for NYoIk:
VIII EsS S %, f"% S tYISS iF
& st' k1 s 1si EYE az S 1 sy fS"f SS
di,s RS Gi,nSs wig; Nsr%sa ld 9 nsn
rs, BSfE Fs sS ks s !s @i Ss 2$ N2,
f. r% Of .Ms s% ss c a sno 9 oH % for
iin,. of Key L,r;c passed :sip ia from Sorsan ci
S SH0t 5; 5 T Ss New 9c Bah o% IL lie
81 ps 5a %.li So fSSn p.n.,nc. En-. March
in ballast to Grdsr- passengers In lat ~ Ion 70 30 saw large
sieili,n brig Es,so TO'eano Bolle, So days from Le.
Brig Cor air. Dowmun 10 days from London. with iron,
S Brs n Xs y wdoe e Js from Trinidad de cub
viii 'Clis;ss Ss.mS Iced, c. Ls big M'%
Nav n. Fs anc ssi csronS for NYI o''
ss t, Ws'Pn s 2s f on Bs"S Sh l.
kenfue Ky, of Boston, for NOrieans
Brig Lubcc, Campbe II days from -. Johns, 7. r. with
lt6 hlds sugar to Maitland Kennedy Co Left brig Unr
Sam, for Boston, scl Baltic of Ncwbufyporf
others not rccoieccd Spoke no date ship Rock ILL., from
vepool for NOriesns
Schr Two Marys, Miner 10 days from New O-leans Wit,
~ eco gallons lnolascs 9Th the Gulf spoke
whels big Wneny Of New London 300 bbls oil
Schr Wellington, Wood, 10 days from Apsachicola with
cotton, 20 master
schr Pizano Lincoln, days from Newborn NC. with COS.
master.
schr MARY Ann BiiIey, days from Folly Landing VITA
schr Mary Baker days from Folly Landing with com to
Schr A. L. Alderman. Half, day. from Washington Nc
naval stores-bound to Newark.
Scl Turk Ellrdge days from Portsmouth, with fish,
TO master.
Below.
ship Hilah Hammond, from NOheans.
Also, ship and two brgs.
Sailed.
Ship vesper, Sylvester, Trieste Mary Kmgssnd. wear
Mobile; brig Eliza Susan, Chase, do, and others.
Marine Correspondence.
OFricE or RHopR ISLANDER
Newport, May ., i84g (
Arr Gin Casket Providence for Matinra..
Arr 7h Nenzi Providence for NYork: Herald NYork fcr
Providence.
Sid Poland H,yana; Casket, Matanzas.
Ar h Carolina Fall River for Charle ston; Mary Addi,o,
Tor NYok; Escort, Calais for do Providence Providence Coz
NYok.
Sid Octayia, Georgetown.
Passed up 4p. North America Of and for Wsrren
sailed from Warren Both ult. for the Indian Ocean
Sid 9th, Escort, Mary, Carolina, and Providence.
General Record.
wysr Ispn MAIL BAas,-The Mcdwsy viii rSrrn herr
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-11
Foreign ImportntIons.

LEERrooL-Ship Hottinguel-37 bales Wood Johnson &
Bnrgitt7l ingot, tin Lawrence Murray ngatc52
John Wild Gi c CT bxs glass l69 boxes % sheet gla cs
glass shades YIN Chaincey Coz bales Walker Broher
SO Tooker Meal COS ek hardware % bdls steel casks
earthen Eison-l23 cks w Hs-i5 rs Mar
tin Coz cks truss Wihsm & sons-37O tons coal Cool
hue co-l09 bx tin plate Phelps, Dodge co2cs l6 BIS Il
iuls3p-l chronometer Fellows, Wadsworh col piano
forte Grigg26 ~ cks hid pig order
LEGnoEN-Bsig y. Toscanos nkSs Nalezeux, Gourd CO
2cs boxes trunk Gardiner owell-6 pkgs silks Borie
Trotti Saseger Goodcn- Ikg NJ Wer kmeister5
rkys { Emenrgtss9 Goodlue co-2o5o marble ills 20
CasellJc 6 Manyerg d Hadlcn coi6 pkgs hats d,
trimmings w Vyse-l rkg f. Hemmersle y5no blts oil Nj
Length co-l3l0 boxes do oil pkgs orerl
lining the remains of Husson
PoNcE-Bark LewI97 hhds moasscs ~ hhds sugar Meyer
Stucken-70 hhds mola 10 do sugar s w Lewis.
RIO JANERo-Buk Il. d. Reported yesterday )-j3o
bags coffee Grnnell, Minum & COG to order.
TRIxipAp CuBA-Dg Amethys,-2si cks 10 molSscs
Chaseiain < Ponvert.
BELIZE Hon-Brg Wa,son-l2 logs mahogany 100 ton; los
nfp
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-11
Baltimore.
Correspondence Of the Heraldl
BALTIMORE, May 10, lS4

Mr.. EDITOR
1t is currently reported that Governor Dorr, the
lately elected suffrage Governor of Rhode Island
passed through this city yesterday afternoon in
great haste, on his way TO Washington. He had
only time to take cold snack at Bradshaw's
hoe., pick his teeth, and then pass did not see
his Excelency, nor can vouch for the truth of the
report but you have it as have had it. II is
thought he will leave Washington to day with des-
patches for Texas.
Avery large number persons left our city yec-
tcrday for 81. Mary's where they will celebrate to-
day the landing at the pilgrim fathers.
The murderer mentioned in my letter of yester
day, has not yet been taken
Captain Levys trial is yet before the Court Mar
tial. There is much sympathy felt for him, and the
opinion is that his sentence will be materially miti
gated.
Flour continues rather dull at SIS IS; wheat com
mands Ssl.3O l.3S: beef cattle $3.50 $50 per 100
lbs, according to quality. Business, in general
way is rather looking up Virginia money is selling
for discount. We have pleasant morning
Yours RoDERICK
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-11

NEW FtT IT ISFg
nry- DEAR SIRS The duty Of my profession has
posed me to colds asthma hoareness and other pulmonic
complaints incident to this uncertain climate have been
leprie of the power of preaching by hoarsencss and
shout still be for aught know lift had not been for
your valuable Horehound Candy. tried il for a few
times, and my lungs healed, my appetite improved. M,
voice clear, and my constitution evidently improved
therefore have hesitation in adding my RECOMMENDED
ton to the many who have experienced the efficacy of
your invaluable Clarified Essence of Horehound Candy
W. +. HAwLrY, ID. D. % Crosby st. Chaplain City Hospital
To Messrs.J. Pcase & Son. IS Division st.
Acknowledging No State street Boston Zcibcr, ~
Dock street Philadelphia Pa; Robinson No 10 Baltimore
,tree Baltimore Nd; Rawls Co. 81 State ST. Albany
Tohey, Cincinnati Ohio Cook, Pitsburg Pa; Duvall
232 Broad street Newark, ~ j. Hays 1879 Fulton street
Brooklvn Burke, Princeton ~ j.; Hildeman, Louisville
KY; Fowler. Ncwbergh Parmee, Middleton ; Even,
Columbia, Tenn; Dubose. Mobile.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-11

In June OF last year the bullion hal increased
600 and the Bank vcntured expand which did
per cent further Importatons of then took
place and Immediately the bullion began diminish until
in November had been reduced 90 per The Bank
then again reduced its and its bullion flowed
back until January then again increased lis circulation
and again lost coin. Since then has steadily cuailed
and the circulation Of the United Kingdom is lower
than for many being per less than this time
last year. The principal reduction in the private and
ONT stock banks which influence the trade
After the publication ofthe April report the
paS issued ITS notice reducing the rate of interest and
Immediately exchanges began to rise on the continent
'Nerto go abroad The Is now approaching when
the imports of corn recommence aud considerable sur.
ply w be wanted, and in addition to drain Of bullion for
the Indian war; the Bank will probably be unable 10
maintain even the present low rate of currency From
that source therefore no reasonable hope of speedy i'm
provement can be expected in commercial affairs.
Sales n the St0fl Ii