The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-21
NEW YORK MONDAY MORNING. FEBRUARY 81. ,s42

honest Creditors, whose money and properly the,
have squandered in all sorts OF reckless speculatops
haanciering, ighlivng, knavery and rascaty; in
many instances, leaving those who have helped
the 10 thousands OF dollars without penny in the
world! do not say it is so in all cases, but from
my own observation, could point out numerous in.
stances where men have been robbed OF their last
dollar by set Of knaves who have done nothing for
the general prosperity of our city am not pre-.
pared to say that the law is unjust, but believe II
to be so. The benefits resulting from n, however
may overbalance its evils, and enable many honest
men who have been unfortunate in business TO take
a new start 10 the world and become good and use
full citizens; but after all, as look upon i: believe
il will open a channel for the most magnificent sys
In reference to financial matters have but little
to say. Our city is still infested by a miserable set
of nanciers who determined TO live upon the IN
dus'rous portion OF our citizens / allude TO GER
tain clique who have had the manage ment OF many
of the " red dog banks. Some Ct these individuals
however, unless they use great care will bring up at
Auburn, the beautiful residence Of better men. As
usual at this season OF the year, money is scarce,
and but very little business in the way of trade Ii
doing. Our paper currency Is principally made up
Of Canada and eastern funds, little or no western
money being in circulation The time is coming,
apprehend, when, if we have paper money at all, il
will be worth its face, previous to which, many OF
the banks now in existence, will be among The
things that were A general revolution has been
commenced in the financial world, and nothing but
pede ITS progress. We must ccme TO II, and the
sooner it takes place the sooner we may expect a
healthy state of affairs ia this country.
From present indications an early lake and canal
navigation may be look ed for. Indeed it has already
been commenced at Cleveland and some of the other
western ports Several new steamboats, will make
their appearance here in the spring, and whether an
efficient opposition will be commenced, am not
prepared to say. Such an arrangement, however.
has been in contemplation. The combination has
been re formed, and many Of the old boats some of
which, comparatively speaking, are worth nothing,
have been taken in at high valuations, for the bene
TIT of the owners. and 10 keep them from the apposi-
ton line should il be started. regular opposition
line, started by capitalists, would pay well, ] have
no doubt during the coming season, and add much
TO the life and business of Bufilo and all the west
ern cities, well be of incaculable bene
III to the travelling public. But to warrant success,
men Of wealth and enterprise should embark in it,
Religlon and pety at the present time IN this city
appears to be on the wane. We have had no pro-
of the have se aSN a mors
people amongst US whom consider our most re-
spectacle citizens admire sincere and true pety,
bat cannot but despse hypocrites and religious pre-
tenders
The temperance cause continues to flourish here,
even though many who were i,s early advocates
have seeded, and come to the conclusion to
Gill the goblet again."
However, am happy to know that many among
the "greatest and best' Of our citizens
"Havs thrown the bowl aside
and bid fair to become ornaments society, and 10
many instances, benefactors to their fellow men.
Many brilliant balls and parties have taken place
here during the winter, and several marriages in
high life said to be the tqpis grand mili-
tary ball is to be given at the Eagle street Theatre
the 22d, which will be the most fashionable al
fair Of the season. Also, on the 4,h of March, at
the same place, splendid fancy ball will come off,
The dresses for the occasion are being prepared.
many Of which will be unique.
The Herald, for some time past has not been very
regularly received by your subscribers here Where
is the blame I 1t is the first and almost the only
New York paper sought for, aud its non.arrival 80
frequently, is source Of much regret to your hume.
much for its circulation in this city, and
the spring business commences he will doubtless
double his sales. Yours, &c. 8.