The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-01-05
New Orleans.
.Corrtspondence of the Herald

New ORLEANS, Dec %, l8il
The Late Defalcations in the Commercial Bank-7h,
State ofthe City Banks-Cotton Market Tobacco
The " Herald' in Ne,c Orlcans--F ashionab,
Flare Up-&eri0's Sales, &c.
JAMES GORDON BENNETT, ESQ.
| DEAR SIR
Ifthere really exist or ever was such an Sage "
as that of /" rascality and humbuggery," verify
believe that we are now in the midst Of it. Yes
| enjoying its full beauties and benefits.
| lsuppose you have, ere this, heard of the def
! cit in the cash accounts of the first and second
tellers in the Commercial Bank" The deficit
| though nominally small, goes far in proving the
eorruptness of the times. These two gentlemen
| deiaalters were apprehended and held to bail in
the sum of $4,000 each, to appear before his Ho-
| nor the Recorder, when 10, and behold! the hour
for their appearance arrives, but they have gone
| they are not here. Viva Ia roguery ct humbug-
| gerry.
Our city is duller, at this time, than for many
| years since, and we anticipating from cur Lee
gislaure orders for general resumption Of all the
city banks. In such an event, you may look out
for squalls and storms, and exclam, with the poet
Devil take the hindmost," il he don't finally get
them all. The rottonness of some Of these banks
is truly astounding, and the sooner they are put in
a state of liquidation the better for the people.
| Our cotton market is " fiat a new born
| babe" and has declined fully 1 cent, since the
| last news per the " Acadia" from Liverpool To-
bacco continues almost a mere drug, and no sales
| of Consequence have taken place within my know
ledge, for several days-it may be quoted, utmost
| limits, 8, 5, cents, and dull sale.
| The" Herald" appears to be all the rage" here
| now, and will remark fact to you, which Nap
| pened to myself last Sunday. went early to the
post office, IN the hope Of getting the foreign news
| at the earliest possible moment, which was then
hourly expected to arrive. and sure enough it hac,
as il by miracle come direct throug IN and mis-.
| lakeland such a erowd-oh such a crowding =
All appeared to be on tptoe, and from the rubs OF
such toes, pray thee oh Lord for ever hereafter
| TO deliver me. i soon withdrew from the crowd,
and stepped into the immortal Gums. Here, too,
found consde rable rush, and having natural
share of that article commonly called curiosity,
| commenced a rushing too, when soon found " here
| lay the Philosophers Stone" "Give me the
| Herld," says one. 60 Give me half Dozen" says
| another. g Foreign News" says another and in
| a moment the whole post office appeared to have
been deserted. mate ont to get one. and imne-
dately, with compldcency, left the ROOM confident
| that all which was wanting could be found in the
columns of the Herad.
understand that a fashionable fight, in high life
is shortly to come off and all about would you
believe it scertainly lovely Creole Psttcoat, not
| possessing more discretion than II should have
Our city iabors under many moral disadv antages.
Witness, for instance, those chambers of destiuc-
ton, s'Masqueradc Balls, where all sorts Of II ell
ish plots laid, and schemes adopted to entraI
the unsuspectng and confdiue portion of maskind
But il is to be hoped thar The day is not far distan
when our State authorities will abolish these sink
of isaity and crime.
Casting my eyes over the morning papers, coul'
scarcely help from dwelling the instability of al
human affairs. Men, who have been living for ear
in the most princely grandeur, are like water doom
ed to find their natural levels. Sherifs sales will
sle long, be the order Of the day and "Oh wha
falling off will there be here. my countrymen."-
And rnmor still hints fearful changes bat on
Uncle Toby would say, so say I-mum-" He
who dances should pay the fiddler" Thus tn
world wag,-and So adieu for the present.
A. q. NJ
s. The news Of the capture Of the Texia
Santa Fe expedition has created much sorrow an
warmth Of feeling in this city. One Of the editor
ofthe 4" Pcayune'' has LIFT for Mexico, with Il,
(as think vain) hope Of getting his partner, keI
dali, liberated but it is too much 10 be feared thu
Kendall, with many of his brave and ente rprisin
associates, have long ere this paid the deb, Of nj
I turc.