The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-01-11

| JAMES GORDON Bennett ESQ sH u
Your incompatible " Herald" has so extensive a
circulation in city and State, is so much relied
upon, and so generally read, that those of us citi-
zens who value the character of our city and Com
| monwealth, would be culpable in the extreme, were
we 10 read and pass unnoticed such remarks as
made by your generally excellent correspondent of
this city on Saturday last, who really appears
for the time being TO have taken leave of his usual
Intelligence ; and, instead of playing the part of
citizen OF the State, who was disposed to put an
end to the swindng of these pests of society, stock
iobbers and usurers, and do common justice to the
Governors Message and the State, plays into their
hanos-ques,ions the integrity well as the ability
of the State, and thus forwards the objects of this
secret board Of brokers, who daily set in city,
connecting schemes how best they can carry out
their plans of speculation and pecuaton, by raising
this stock. large quantity of which they, their
intimate friends, have on hand, and wish TO sell;
and depressing the price Of that which they wish to
purchase. Now, your correspondent said broker
had told him that Pennsy lvania State fives had de-
cined one dollar on share, the highest bid being
$40. He should have added that man was fool
enough to sell at $40. He also adds that it is cur
that the money is not in the Pennsylvania Bank,
where it has usually been. What all this bodies, he
cannot divine and that he does not believe the State
debt will ever be paid. He may divine and under
stand it all, ifhe will take the painsto read this
He has been imposed upon and deceived by set
of men who proudly hold up their heads and have
grown wealthy by thus secretly proving and prey
ing upon the community; they want to buy State
" fhevb hot -
will be run up enormous price; then they sell
out Are the interests of the State thus to be tam
pered with, by concave of brokers, whose secret
and selfish dongs entail more misery upon our COM
munity than the most rotten corporations that ever
cursed our land and dsgraced our country. Their
continuous conduct can no better be described
planned than by the act OF the investigating and
dividend committee Of the dead monster. I say
| dead, because its groans, although heard, have
| ceased to terrify or disInay. They had a large
amour, of stock, and reported more than fourteen
millions surplus profits published the report divided
the available funds and cold their stock nstan-
| ter Now sir, the Board Of Brokers do this thing
Enthusiastically every day in the year they crafty
circulate, as verite their statements, and find fools
enough to believe them and finally loose by their
| credulity. ESQ
refer you, sir, and your readers, to the message
| Of Governor Porter and the proceedings of our lie.
gsature thus far, for refutation of all charges and
nsinuations against the credit of the State: she is
sonnd to the in resources, capital and integrity
1t is matter of pride and proud satisfaction 10 our
permanent citizens, TO find after all the abuse that
has been heaped upon some OF the democratic re-
representatives. charging them with incompetent
CIV, locofocolsm, &c. Nc, that those very men
were the first and foremost in our Legislative Halls
when the proceedings OF few hasty and in discreet
young men, at meeting held 10 our city, were laid
before them, repudiatng the State debt, &c, to
treat it with high indignation, full of and con.
| tempt Now let their reyllers learn through them
to respect the ability and integrity Of the people
aard from I'D an ves fer1a
of poor old Mr.. Rners ablest q cannot talk of yr.
| tue, honesty manhood) oihcers-l mean inteec-
ual otficers-said that the message of Governor Por-
ter he was constrained 10 admit, WAS the best mes.
| SAGE he ever read. | however have no confidence
in any opinion expressed by that gentleman-I should
suspect him OF design in every thing he says or does
and regulated in all things by craft, cunning and de-
celt. Twas he that largely contributed TO the pre-
evils by which we are surrounded, aided by the
powers of office tor which he unfit, and which
| he so conspcuously dlsgraced.
We know that few men know more about the
real state of affairs in Pennsylvania than yourself,
Mr.. Editor; and we would invite close examina
| ton of Governor Porter's Message and your views
thereon, and we solicit careful examination of il,
by the people, and, my word tor II, those who
own State stock will not only be satisfied but anx-
ious have /; as il will be safe and secure
an investment as can be found in the country and
the secret doings of brokers' stock obbers and their
agents, well as the views OF superficial observers
sci forth plausible language be dsslpated and dis
solved into thni air. If we have leisure we will
review the message and invite scrutiny. We have
other interest than citizen OF the state; we
there fore mean to say and do what is right and if
we err shall be glad 10 be advised of II; but fear
no investigation into the truth Of our statements
the integrity ofour motives, and hesitate not to say
and say II boldly, that the message IN all It's
parts, meets with hearty response throughout the
commonwealth h-admred by Governor Porters
friends and respected by his enemies.
Ard now, sir word or two as TO the fairness or
justice of the charge made against the Recorder of
city, by of your spondents Of Saturday
last. He uses the following language:-
The renewed action against Biddle Jaudon Co., be-
fore the Recorder excite but little ineres, the fact
that the belief general that they will not be held
bail. The Recorder though probably aconscentious
officer amiable gentleman, and doubtless has his
sympathes. These men, having formerly been to some
his associates and companions he will allow it is
feared his goodness OF heart TO operate to the prejudice
of justice.
oar Recorder is thus charged with corruption,
want of ability and an intended violation of the sa
cred oath OF his office. Now these charges were
either hastily and thoughtlessly, or deliberately
penned and perhaps with view 10 prejudice the
accused or intimidate the Recorder. II the first
the writer did an act for which conscience will pay
him hereafter, and am sure he will Immediately
regret II the second, his conscience IS seared-he
has been given up to hardness OF heart.-lle is a
villain of no common order, who would thus dare 10
charge man well and iavorably known as Ri
chard Vaux, our Recorder with some of the black
est offences In the catalogue OF cnmes, without
single floating murmur upon which to rest his accu
satIons II tie third TO wit, 10 lntimidate The Re-
corder, the writer could not have given more con-
elusive evidence that he knew nothing OF him and
had heard less regret to say that is pc ssble the
charges came indirectly from the persons concerned
in the prosecution. If so, and it were ascertaned,
il would only be upon par with many of the sa-
cret doinps Of the wireworkers behind the scenewe
know them, and know how signally they have failed
in their unholy plans-,hey have found that all State
administrations were not ake-some officers were
made Of too stern stuff for their use. This is not a
day for cunning, crafty pracces-the time has just
mas md Va hnn nor far
clsm the light of day We have an Attorney Ge-
neral now who holds no secret sessions, and does
no secret offices. His office and his acts belong TO
the public, and they have them to the letter.
And, let me ask, who is Richard Vaux, our Re-
corder, and where did he come from, and what has
he been, to be thus abused His father, the late
Robert Vaux devoted nearly all his pre-eminently
useful life to the establishment OF the various chari
ahl of our Slate and was from time