The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-11-30
BY THE SOUTHERN MAIL.
PHILADELPHIA.
Correspondence OF the HERALD
PHI.ADEr.pHIA. Nov. 20. 1916

PHILADELPHIA, NOV. -, lofz
GEN. JAMES GORDON Bennett
DEAR SIR
As usual, orr politicians, statesmen, merchants,
mechanics and exchange brokers, obtained the first
detailed account Of the great Cass movement, at
Harrisburg, through the columns of the Herald In
day or two our own papers will follow, and then
the matter will be discussed openly in the streets
The Cass movement rather damps the ardor OF Nh.
Buchanan's friends IN the city-they stop, and
pause, and look for further developments. Van
Buren,, too, is shaking in the wind
II is confidently expected that one OF the first
measures of the Legislature, IN January next, will
have for its object the redemption and destruction
of the relief notes THIS Is absolutely necessary to
enable the banks in the interior OF the State, and
nearly all banks In The city, 10 These relief
notes form the only currency IN the interior, though
they are at a considerable discount in the city
They must be entirely got rid of or they will for
ever check the healthy circulation of the State
There il In the State receiving them In dues
and giving them out again in It's own payments. In
this m amer the trash IS kept afloat, innring the
credit of the State and preventing the revival of
business. For the redemption and destruction of
the relief notes. it Is not necessary that the State
should assess more taxes; those assessed, II all the
counties IN the State were 10 coll ect them, would be
sufficient tor that purpose But instead of assessing
taxes on individuals and individual property, il
would be well TO assess the County Commissioners
who might distribute the respective sums in a man
willing to pay county taxes when they are loa.he to
pay state tax and prefer paying state taxes TO pay
ing direct tax for the support ofthe General Govern
ment This is political idi ,syncracy which poll
tlcalquacks seldom take insufficient consideration
Although it is old the revolution, and has been
most ably dwelt upon by our own Benjamin Frank
lin, agent for the colonies before the bar Of the
British House of Commons.
Thecouptes generally and Philadelphia county es-
peclay, are diminishing their debts every year. The
sinking fund of the different corporations of Phila
delphia county will enable them to pay large
amount of their debt.
Is Governor Porers firmness and consistency with
regard to the obligations ofthe State both as regards
our foreign and domestic creditors, is duly appre-
ciated, and entities hun to the thanks of honest men
at home and abroad. Let the taxes be assessed as
have just stated, and there cannot be doubt but
that, with the revenues from our public works and
other sources, and with proper economy, Pennsyva.
will redeem It's character and its credit. can
you the letters Of Mr. Biddle have done some
good; though certain influential gentlemen have set
the fashion in abusing him But they cried, " stop
thief" too long, and are beginning to be found out
The United States Bank has descended from a
banking house to rookery, where peculiar set OF
old fellows meet, no one records for what purpose.
The question asked in the streets by business men
is =" what is done with the money collected by these
menl'' Mr.. Herman Cope receives the snug sum OF
$1,000 per annum for settling up the affairs of the
bank and as he is cute, calculating quaker gen.
teman, II IS generally thought by the knowing ones,
who have NICE appreciation of his character, that
as long as he draws such salary, the bank will
never be closed 1t will run considerably into the
next century.
The trial of Alexander has created considerable
excitement, especially as such men as Gov. Pope
Of Kentucky, George M. Dallas, Phillips and w. R.
Reade engaged as his counsel; and the opinion
is gaining ground that he will not be convicted II
man Is to be excused for the most horrd murder
account of the quickness Of his tongue and his
swarm southern blood, we shall soon have pistol
shooting, stabbing, and all sorts of gentlemanly
amusements to disturb our more sedate quaker ha.
bits; Nothing is wanting now but that you should
send prisoners indicted for murder, man.
slaughter, or intent to kill, some of the rejected
cigars"
Hackett is drawing good houses at the Walnut
street theatre (he only one where you do not see
empty boxes), and is perhaps the best American
Falstah we ever had. He is a correct reader, and
has too much taste TO over act. The Chestnut thea
tire is TO come out as opera, with an entirely
new personale WE'LL give US some music. Tenn
perance concerts are becoming quite fashionable
and SO very particular are the audience that they
will not allow single horn IN the orchestra.
SALES OF Srocxs-s0 shas Philad. Wilmn xton & Bait
r., 10 do Kentucky Bank Az S245 State 6s lS43 so
$4,000 State SIS 1885, AZ $lOe State 6 lsi7 40; $l54C
Chesapeake & Del. Canal SIS 1868, IS
"A LOCKER On