The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-05-29
BY THE SOUTHERN MAIL.
No" OIIcUubs
ICorIespondence OF the uerald.l

J. G.. BENNETT, ESQ.,
SIR-Our newspapers have, of course already in
formed you OF the resumption of specie paymentsby
our ten remaining banks-the four weak" sisters
have gone 10 the devil, and their mortal remains ha
wing been quietly consigned to mother Earth several
moons ago. The effect Of the resumption it is even
yet impossible to foretell, although believe can
venture TO say that there is sincere disposition on
the part of the people 10 sustain the banks and 10
give them every chance for their lives; so that if
there be any health they will live and thrive, and
every thing will go well. The great curse of this
city is the deepseated jealousy, frequently
Ing TO ferocity, which displays itself on every occa-
sion, social, financial or political between the des-
pendants of the Gaul and their Anglo Saxon innova-
tors. Canal street which divides the upper and
lower municipalities is perfect barrier to all SYM
pathy and good feeling, and separates the second or
American municipality from the Creoles of the first
and third efectually as the straits of Dover divide
England and France. The ridiculous and absurd
Bank bill passed at the last session of the Legisa-
ture was supposed to have originated amongst the
down town financiers, and to have been passed
lato law for the special benefit of half dozen
public tunctonaries, who were largely indebted to
the down town" banks, (The State, Citizens, and
Consolidated and were extremely anxious to place
their Liabilities" on the "dead weight list The
resumption the offspring OF s. Peters, Esq the Ia
and the leading financier the second municipality
j took the frenchmen completely by surprise and
fora time they were utterly dismayed. The de-
mocratc Courier, which has for years been preach
ing up the blessings of sound currency and the evils
of suspension, suddenly bolted off on new track.
and commenced edifying the town with series of
learned essays ON the evils of resumption! The
reason of this you will understand, whm tell YOU
that the down town banks on Monday morning, Cor
such OF them as had agreed to resume,) got fright
ened at the prospect, else fell in love with the
Jingle of the "beter currency shovelled UP
from its long sleep in their vaults and actually backed
out H,ac Wfp acrymR! But | am seriously re-
joiced to be able to add that the wiley Frenchmen,
seeing how kindly their rascally uptown nelghbors
bore the resumption, pucked upa spirit, and came
boldly into the measure yesterday-so that New
Orleans bank paper and coin are isl now one and
the same thing. Exchange on your city. can be had
in plenty. for Il Il and the only serious evil at
present, is the depreciation of municipality shin
plasters and dimes, which have heretofore constitu-
ted our small circulation. This is an unavoidable
consequence, however, of return to healthy
state of things, and wi shortly regulate itself.
Our literary depot is again fourishing in all its
glory and usefulness and what with your sparkling
and interesting Herald-whch is snatched at if it
were gold-and the beautiful magazines from your
city, and her fair sister, on the Delaware we hope
to spend the summer very agreeably. Messrs. Kel-
logg and Morgan, the new proprieors of the depot,
nre gentlemen well known and highly respected
here and, (although presume they don't ask it,)
you trust them with perfect safety.
Absquatulation is, as usual, very prevalent "about
these days"-although the cant-go-aways are mon
strous numerous. The spring has been charming,
and no apprehensions of the epidemic are enter
tanned.
l see foolish report in some of the northern pa
ers that Fanny Elssler has been here and that the
Hungarian Brothers, were murdered in Cuba All
fam. 6 La Deesse" has not favored us with the
ilutter OF her ambroslal pettlcoats and the Hunga
rian Brothers were squaling and growing at the
American. few evenings ago.
The town were delighted this morning by the
news of the arrival of Kendall from Mexico. He
came in the T. S. Cutter Woodbury., and was ac-
companied by all the other American prisoners and
Mr.. ex-mnster Ellis. ] that all chance of
disturbance with Santa Ana is over for the present
Yours respectfully, PUcK.