The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-08-03

Total. =. 3ss,l49,OOO 3iI,s8s, OOos2I ACC, 900

The aggregate income OF the French been
therefore, per cent much the largest portion of which
derv ed from the customs out OF the ncreas
I'd trade OF France In England for the period the
customs declined f44e $50 or per cent in consequence
of decreased trade These facts which 60 far toary
out the conclusions drawn from tables Of yesterday
The monopolizing and grasping spirit of England is
working its own destruction Its manufacturing pros
poets has reached its zenihwhe the mighty empire of
France is just beginning to put forth those energies
which, in acts of peace destined eclipse Great Bril-
tain in great degree did the of France under
her usrious emperor ouShne the lpretensons Of Erg.
land whose military fame but minor reflection OF the
undying glory OF Napoleon That great mar, in the
hands othe Almighty was the instrument by which the
old absurd despotc governments and srtocrac forms
OF Europe broken up and the way cleared for that
adva4 cement in the social intercourse mankind of
which steam nav cation is the The vast debt
accumulated by England in vainl striving check the
advancement Of the human mind the very instru
ment Of preventing her farther aggressons Another
outbreak from France that great republican volcano and
the preposteous oligarchy Of England with its paper
system corn laws debt and oppression will cease to be-
The Sales at the Stock Board exceedingly small to.
day, and prices generally gave way. Kentucky Bonds
fell per cent Delaware and Hudson per cent Har-
lem This latter Stock was influenced in some degree
by the fact that the checks Of great operator had been
protested
The Jefferson Insurance Company have declared
seml'annuai dividend OF seven per cent their capital
stock. The last dividend eli yht per cent making
fifteen per cent per notwithstanding many severe
losses that were promptly settled 1t gratifying to sec
that amid the ruin that Las overaken the generally mis-
managed Marine Companies, that institutions in the hands
OF proper men thrive with undminshed prosperity
Why do not the stockholders Of those unlucky com
panie that obliged to wind up become fog ssso.
cations investigate the matter little. If they super
Sede arrogance and pomposty with common sense and
business habitsif men OF high standing give place to
of skill and sufficient honesty attend to that bust
which the stockholders pay them large salaries to
transact, different result may be attained But certain
of these officers deeply interested in opposing the
pilots in order to benefit their ndiy wreckinu
business that they make wreck of all in their charge
Bsrratry may be committed land well a. sea
There be land and rats and land thieves ard
water thieves"
The Chemical Bank has declared dividend of three
cent being and half per for the year not
wthstandns the dizziness Of business This with
the Fulton Bank and the North River Bank are making
preparations to pass under the Free Banking Law The
Chemical Bank has been of best managed banks
and has been free from the control of that contemplate
clique of foreign brokers and their agents who have in
ured so many banks These people managed by intrigue
and otherwise to obtain agens of the stock
Of banks held abroad. These stocks they then divided
small amounts, and placed them in the of diff
serent talking politicians whose combined then
decided elections and placed the institutions in the POW er
OF the oliquss The mismanag nen thus brought ahou,
has been than apparent in the business of the
concern The Manhattan is instance, where noisy
and biun,ed tool has worked out degree Of mischief
equalled only by its folly and the cupidy of its en-.
poyers.
not little astonishing that the mercantile commu
nifty of the city Of New York, who deeply interet
ed in the great tariff question egtatng the country
exceedingly indifferent the oppressive tariff
that passed One great for this supine.
be found in the fact that owing to the dull bust
ness which has prevailed, most OF the merchants have
large stocks OF goods in their stores which will by no
realise in the present state of things. They
hope therefore through the operation that the prices OF
those goods will be improved least protect them
from loss and in many instances they hope make large
fortunes in imitation of that strenuous advocate of high
tariff, Abbott Lawrence Esq, whose fortune report said
improved 100000 by the operation of the tariff OF
1923 his large stock Of wooen goods in his ia
Boston at that time. Such is very likely TO con-
vey an ndelbe impression of the great benefits of high
tariff In the present state of the markets. however the
most that can be from the operation of tariff
will be to stay the depreciation. After the benefits de-
rived from such an operation realised they depend
upon sufficient influence with the democratic party which
will undoubtedly prevail the next election to bring
about permanent reduction of the tariff This might
suit temporary and limited interests but such fuctsanr
legislation on matter of such vital Importance as The
tariff, cannot but be injurious in the long run: and what
INJURIES the country at large must ultimately niure
all classes.
sales mt the stock Exchange,
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s .os DO do" s., las % 20" 81 Is Nohsw1RR lDS
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