The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-04-11

HE --LATEST DEFALcArIoN.-The most recent de-
falcaiien since Tom Lloyd's, 10 in New Orleans.-
Curns, the periodical agent, has Just run away, as
appears by the following from the New Orleans
Advertiser -
CuRss YoRxED 1T is with unspeaf able griefthst
nave 10 record the sudden absence Of Curns the great
Literary nancier He has followed in the footsteps OF
MS liusrious predecessor, Edward Yorke Esq. Alas .
for the literary world that so horrible fate should
'tser"
1t would seem, from what hear that Mr. Cur:.s
mas been making money by the bushel that his late
partner sold out his share for $780, in seven
notes Of 100 each and note of $1,000 that Mr. Nor
gan purchased On interest the concern for some 500
cash. that Of the 500 notes fell DUE and was not
paid Previous howe to this denoue nent, Mr. C. had
been raking together all the funds he could possibly get
sa that hs has
,ied off some $4,000. Mr.. Morgan sued out writ Of at
tachmen and yesterday morning the doors Of the TEN
pie of Janus were closed. We have not heard how
much the New York Herald and other literary
at the North have been taken in for-they will, per
terestng article. The follow lines found yes
terday the Temple Of Lterature-sail to be COM
posed by Curns himself and LEFT memento ofhis glo
Edward Yorke and John F. Curns,
Two.worthy brothers they:
Place their names upon their urns-
Twill :ell their earthly sway"
This elegant concern has taken us in for nearly
Sl0O0-but we richly deserve it. Out of easness Of
temper, and kindness of disposition, we departed
from our established rule, and gave Curns little
credlt-and we justly merit our loss for violating
1.-THE cash principles on which started the Herald.
Hereafter every agent ofthe Herald, throughout the
country, will please to take notice, that if they
not invariably week in advance with their funds
we shall dismiss them, and appoint such agents as
will obey the wholesome system of cash invariably
in adcance. Orr new agents in New Orleans are
Messrs. KELLOGG IL MORGAN, and in all their trans
actions with the crad they will please to notice
this rule.
The case of Curns is peculiar. The first thing
that led to the fellows prosperity the agency OF
the Herald He sold from 500 to 1000 copies of each
number of the Herald-and his profits wer. about
280 per cent, cash down. Ga the Herald alone the
fellow could have made $4,000 to $1,000 per annum.
After establishing his business on the Herald, he
became the agent for other publishers here, and
has probably taken them in more or less. We have
lost nearly $1,000, but after all do not regret it.
We can easily afford il-besldes, we deserve it.. To
trust any man with $780, who lives in city where
the banks have behaved as they do in New Orleans,
is silly in the extreme. During the last few months
about six seven bank officers have absconded
from that city, defauters to various large amounts
How could the poor rascal Curns, escape the con.
tagion of such erals! 1t is said he carried off
$4,000 in gold; and that he has gone to Texas, or
to Canada. If the fellow is found in Texas, we
trust that General Houston will put him into the
front ranks, in his march upon Mexico; and if he
will only pay over $1,000 to the cause, we will for
give the rascal, and give him receipt in full If he
should have gone to Canada, he shall be caught and
punished