The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-09-07

l. wednesday, Sept. Go p. III.
The Stock market was not very ootive. but prices
were generally better than those of yesterday Harlem
rose /; Illinois Ct, Ohiol.
At the Board there were saies OF Government 6s
at llsI
Money continues very plenty, and as yet great in
creased demand is felt for business purposes It is sup
posed in some quarters that the imports of goods this fall
will be large. and that under the cash dutes unusual
demand for money will be createdthat is that given
amount OF business under the tariff will require more
money under present laws than formerly. We do not
sPprehend that this increased demand for money will Of
feet the value Of because the amount
ocrculans credits is exceedingly small. and is suscep
te of great increase before the actual investments Of
cep,a, Can be trepched upon.
The principle of allowing people to issue paper 10 c
culae money, false one, notwithstanding that tsa'
paper may be amply secured concern which deposi'es
New York state stock with the Comptroller is OF coue
fae under Comptroller Fagg no bills can get
iao circulation which are not So The bill holders
that porti-n o. the public who trust the promises thu
issued hsve no cause TO fear immediate loss but W.
look upon the establishment OF every such concern to
issue paper as a substitute Tor money, as blow at the
oerity of the whole ountry II is Of the setd
of rovulsio aud rnin. is Of the means by which
the real value Of is rendered TAIN and deraud
tie working classes Why are stocks which proms
es 10 pay Certain OF money. 70 be made Tie bash
other promises pay money Should every species
of property enjoy the piivilegei And ii so, Of
what value would money become 1t would be worth
nothing. II the surplus of every capitalist is put
in circulation as money. 500 would not buy bar
rel Of -four. When the law first created all United
States stocks taken deposie and bonds and mort
cages also The amount Of those stocks now oustand
ing, $3.50 IL the practice had been continued
the whole country would have been covered with paper
dollars and by degrees all descriptions of property oud
have its paper representatives aAoat The principle Of
allowing individuals corporations to issue paper
money wrong and therefore ought not to be permitted
at all.
It will be remembered that Gen. Duff Green sometime
since busy with scheme of mutual intercourse be-
tween this country and England similar to the tenor Of
Mr. Webster's Baltimore speech. The London Herald,
after some other remarks, states as iollows:-
Without controverting their peculiar notions, may
and Of the great Of Europe generally has BEEN
only give but to seek such information through
private as we'll as official sources; and hence when
General Green was in this country in 1872 applied
to- and furnished to government statistical and other in
form in relation 10 the trade and
ces of the United States which submitted to Minis
srs and led 10 his introduction to them as well as to an
interesting discussion the best means Of increasing the
trade between this country and the United States the
purport of which he authorized to communicate to
the President We learn that then supposed that
would be beert conduct any negotiations in London,
that for of appropriation By Congress the Pesi
dent could not appoint special commission and that
alter COnferrlng win nnuentia OF congress,
and others to reduction Of the duties General
convinced that any negotiations ought to
be carried on at Washington during the sitting Of Con
be under consideration So far from interfering in the
diplomatic relations OF Mr. Everett General Green who
gentleman @sde no to Diplomacy He
endeavored to impress upon Ministers and other inAuen
tia persons that th present favorable moment for
adjusting oil exing questions between the two coun-
tries and Of placing their relations such footing
to secure between them enduring peace he has urged
restrictions
III remove all cause of collision by identify
ing and consolidating their I material a interest
justice say that his intimate knowledge of the
Institutions and the public men of his country, and
his liberal and enlightened views as 10 the best
calculated to promote the prosperity OF this hsve won
for him the confidence and respect Of most
and Influential statesmen.
The following an official statement of the expendi.
ture OF the British Empire for the year ending July
1913 =
PusLuc EXPENDITURE FOR THE YEAR ENDING 9Th July,
1913.
Funded Debt e s. d.
Interest and management OF the perma-
,a me,i .rr,,i,;:s H%s1,
TotaI charge the Funded Debt exclu.
sive OF s. 652 Is 3D. the interest
donations snd requests. 2s6soi2a Is 0
Uafinded Debt.
Interest Exchequer Bills, 7l06i7 l 3
20 sos75o II 5
Civil List, ..:...... ssOsai 2 .
Anru,s aud pensions for civil. naval,
military, ard Judicial services, &c,
charged by various acts OF Parliament
on the Consolidated Fund, COL ST. II
s,ievi, and allowances. ....... $50 GAL Q
Dplnu siic salaries end pen'ions, 20sls7 10 !!
Courts of Justice. ............. 7249a3 \ %
Miscellaneous charges en- the Cousoh-
dated Fund, ....... 2@StA 4
2ie7 0so 7 81
Army ...,..,............... 6l5l3l2 g
New ....,........... 571.2Gl Is 2
Ordnauc,, .......... l,9c9.04s 0 0
Misc lane rcs-C hsrceatI. on the an
rlal grants OF Parliament GDciudirg
flsl M, o id nifty the holtsr5 ofc,r-
ts,n fo,ged ex hcqn,r hs) ....... 3,i3o,7i9 Is
I,turrcc,io in Z NJ aha. ''''... ltS 900 U y
China ex,ed.or :. .............. st6 500 0 o
China md Indis amy navy, and ord
ma &C aryic,s1 ............. 2729,i
10 26l .763 IL 10
Urand total. .......... 5l,O6s, $50 II 81
Hero is of $al4 9ls expended in one year, OF
which amount 81 0aO for the expenses of the
Chinese piracy, and of the remainder $50 600 600 was
for money spent mostly to aggrandise the Russian En-
pre the expense France All that the people Of Eng