The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-04-25

The ERIE RAIL ROAD AssiesMESr.-The explo-
sion OF this concern will be a very bad one. The
stockholders will lose almost every cent-the con-
tractors will lose probably two or three hundred
thousand dollars for honest work done-the State
will lose a large portion of its $1,000 900 loan, be.
sides the disgrace-and above all, we of the Herald
will lose probably 500 in advertising for this ras-
cally concern.
Who then vii! gain by the Erie Rail Road?
Those few OF the clique who received fat salaries
who sold out their stock early-and who inveigled
the foolish public to invest their money IN Its securl-
ties when they knew tito be worthless. Who has
forgotten the vast efforts made last fall and winter
by the officers of this concern to get up meetings in
every ward, and to procure subscriptions from the
honest mechanics of any amount! Every cent OF
those subscriptions is lost. Why don't the very same
persons call a meeting TO investigate their losses IN
the concern James Bowen, the President, has re-
Nceived regularly his $1,000 per annum, besides an
Indian contract from John..C. Spencer Of theWar De-
partment, said to be worth $50. 900.
Is it not time to have a ripping up Of this shocking
concern? The Erie Rail Road Managers did more
10 destroy the credit Of the State than all other
spectators put together. Let them be purged.-
Let a public meeting be called of the sufferers by
this rascally concern, in order to probe it to the
bottom. Let the butchers, carmen, and myrlads OF
mechanics who have been ~inveigled to invest their
hard earnings in this rotten corporation, come out
at once, tell their several tales, and expose the tricks
Of which they have been the victims. Let an in
quiry be made if indictments for conspiracy 10 de-
fraud cannot be brought up against some Of the
parties.
PATERSON, NV JERsEY.-We have often con.
sid red it strange that this place has not had a more
rapid advancement of a manufacturing town. With
superior and abundant wa,er power, and healthy
location, and within Is miles Of New.York, and
connected as it is with it, by a Railroad. and the
Morristown Canal, the latter of which IN its route
from the extensive coal region of Pennsylvania,
passes directly through Paterson, and through
which coal, as well as water power, can be had In
any quantity, and delivered from tho mines at that
place at SIS, to 50, % per ton. Combined with
these advantages, it is SO near New-York, the head
of the American Market, that it would hold a better
relation with this city, than Manchester does with
Liverpool.
Yet it is strange with all these advantages, that
Paterson Is a small poor village of'only about 10000
inhabitants, while if all had been right, it ought TO
have gone ahead of Lowell, and at this time should
have had a population of $4,000! Why has it stood
still ? Is it the want of a Tariff Or the not hav.
ing a Home League?
The answer is easy-Monopoly, the mildew OF
every thing else, has done its worst here. The wa
ter power is monopolized by a few persons the
whole, or nearly all the real estate, ditto And, in
no case, while lines were good, was either parted
without at most ruinous rates. Its people were
forood tn lac u a on6 ofhora IN avrid II on This 0rOund
till the reverse came, and since then, the fruits of
monopoly have been realized, and Paterson is now
what we see 1t.
With a plenty of uneccupied water power, run.
ing over the falls, some parties have been forced to
erect steam power mills and use Goals, in lieu Of the
natural privileges of the beautiful Passaic.
Lett this old monopoly be cleared of, or give way
to feelings of the widest l~iberality, and our word
for it, Paterson will rise like a Phoenix from her
ashes, in spite of any modification of the tariff.
Spectators and monopolizers have kept Patterson
down, and now they would keep the farmers down,
by enforcing a high tariff, and INJECTING high prices
on manufactures.
VINO MovrMENrs.-We are decidedly in favor Of
the movement proposed by Sol. Webb of the
regular army" recommending that all the wing COM
mittees should Immediately come out-draw the
line, and hoist the banner of Henry Clay.
This is an open, frank and manly course. There
is no use in skulking behind fences or big whiskers
any longer. These committees must also deneunce
Captain Tyler as a " wretch" a " traitor" aud "a
weak, faithless, and vacillating Chief Magistrate"
Such last phrase is the classical language of MIR.
CLAW himself, in a letter to his friends of Alexandria,,
and his language and principles should at once be-
come the household words of all true and manly
wings. Col. Webb's policy is decidedly the best. He
is frank, manly blackguard-a fine looking, hurley,
honest kind of a savage-and deserves much credit,
(snd this is the only kind of credit he has) for exhi.
biting his whole game in its true colors. How much
more advantageous does such frank conduct con-
trasl with the sneaking ways Of Corporal Brooks Of
the " Daily Express" who wants to get all the
spoils he can out of Captain Tyler, and then 60 over
to Clay IN the end, and try to get a mouthlul on the
other side.
We therefore decidedly approve Of Col. Webb's
policy, and request that all the whig party will trem-
bic and obey. A special eaict. Respect this. Don't
forget to write down the President, ca wretch"
and if you want to be very classical, call him Ga
scoundrel."
DR.. LARpNER.-This remarkable savant has aston
ished the world in general, and the Rev. David
Hale in particular. He has overcome all the preju-
dices against his morals, by a vigorous appeal to the
stars, and now returns to New York a conqueror
over all the saints Of the day. In Boston, Philadel-
phia, Baltimore, and Washington, his lectures have
been frequented by the beautiful, the pious, the
wicked, the easy, the proud, the lowly, the learned,
the wealthy and the ignorant. 1t is astonishing what
time, perseverance, talent, eloquence, mildness, and
modesty will do, without any exclusive pretension
to morals or religion.
Next week the learned Doctor will renew his lee.
| lures at Niblo's with eelat.
Boz.-Boz was to have been at Louisville or
Thursday, the Nth inst. His route will be through
| the Ohio Canal, taking to the water at Portsmouth
| then to Lake Erie, down to Buffalo, away to Niaga'
| "a. back to New York. and up to Mitchelrs OlYm.