The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-03
Extract OF letter from AYsAxr, dated
<"JAEuARY &c; i82

ii
f"JAruARY G; i6R.
"oar msst special favorite will moi, as pfear,
De made General Of sundry cannon and ons horse
ana cart. Tell him TO soften his grief by gstting
placed on the committee for the Boz ball. ! like
10 sec much wit take precedence of mere title -
DOE must come to Albaay-kiss the most inte re ST
'As creatures here-look at the Governor and STATE
rnn'er-pop into the Assembly, and then 70. and
near the old Gineral" in our grave Senate He .
.roarsr. We have some pretty good debating
rs"''ons are pouring In from all quarters, and
upon all sorts ofisaters, except those which inte
rest me- No beautiful rich lady petitions for such
gentleman as am !! The schools in New York.
are hereafter to be superintended and regulated
Sy e.etsbergeT, Scwackhammsr, Tighe Davv and
rat mccoy II has been found THAI YOU Ameri,
cans are behind the age. and don't know how to
to shoot No fuss, yet, about the BRIDE .aross
the Hudson at Albany. The banking svsteu. NJ.
tracts attention. No application for q new bank
the Tree bank system, , ha; stepped that and
It from one to ten kicks day. Another bank char
ter in your city expires this winter, that Of the
North River Bank Renewal 10 applied for and
has many friends With both parties. Il seems 70
deserve faver. TIE chairman Of the Bank Com
mittee, however, is SO hostile to il, that he may
smetAerit. Tbs is not fair, nor just l have been
to the ofee of the Secretary of State and learn that
three small banks, viz Fulton, Delaware g. Hud-
son Canal, and the Chemical Man sfacturipg Com
Pany, expire in 1872 and in 1915 tive expire, the
Bank OF Rochester and the Commercial Bang OF
Albany IN lS44, the Merchants Exchange Bank,
near the North River Bank. None but these ex
pire fer the next thirteen years These are small
banks, AMI not in Wall street and, Of course, we
expect here to see them all ompelled to wind MP,
" Bas n r ;s and 50 on to 1896 ~.
charters Of the others will be renewed :! Let.
They are in Wall street. ID Their capitals amount
to vast millions, all parties largely interested in
them and the business people will So Ter them
to be banished, or " extirpated." Some new mem-
Ders 90 not exactly comprehend how can thus
make fish Of one and flesh of another" l differ
from some OF my acquaintance, for think what
sno9id De done will be done there ore l believe
the North River Bank will be re.chartered. Let
the Legislature make war upon our sound banks,
or manifest serious wish to do it, and the sceptre
Will depart from the democrats Nothing more
be preserved. find that Of the bank capital of
your city only 81 250 900 of il are located west of
Broadway, except $500 900 in Greenwich while
in Wall street are $l609l,20O Now may tell
destroy those institutions in city not close to
the Exchange; also to break down the country
banks: so that the Big bal may have all the cir
culatio. Of the State: Watch the movements up
here. Remember, Mr.. Corning said, there is
too much banking" Heavy stockholders are |
doing this
The report of the Bank Commits soners rives
no aid to the hard money for that says that |
in the chartered and free banks in New York and |
Brooklyn, the specie amounts to IS 52S 276 and |
the population Of those two cities is about 400 COO.
giving to each soul in those cities the sum of one
dollar and thirty-eight cents Now please tell |
~ what business could would be carried forward |
in New York if all the banks were f" sxtirpated."
But they cannot all be put down. The Manhattan,
and one or two others, have perpetual charters-so
once destroy those who ale dependant and must |
consult the will Of the people, and You give mon
perpetual irresponsible monopoliss, which care a |
fig for nobody |
Internal improvements are looking up. The |
majority are not united against them The country
members, being allowed to think, will not forget |
their paramount duty to the graat interests Of this
yet great State. 'Vive Ia Rrpublique!
D. TY