The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-04-13


The Commercial Bank, by an act before H. B. Cenas,
Notary Public has mortgaged 10 the Board of Currency
the Water Works-Qor which prior mortgage for
$4,000 existfor the security of the depostes end cir
cuIaton and by the same act dated oath ultimo, the
other assets OF the Bank be appropriated to the pay
ment Of said deposites and circulation.
The table shows REORGANIZATION of 81 900 900 specie
in the banks during import of 81 ISL 7s4, showing
an increase of circulation equal to s36ll OO The New
Orleans currency being full the eide will naturally
begin to flow into the other quarters where is
needed, until the whole country has its proper quota
This the State ofhings that the people contend
for They will have actual pay for their labor. They
will not pay taxes support STOCKHOLM and bankers
They will pay cheerfuy and promptly all that is requ
site to support cheap and simple form of government
and for defence their last dollar and their last drop Of
blood is always at command They will not be restrict
cd in the markets for the sale Of their produce will
they submit to dication where they shall make
their purchases No sophistical arguments of peyo
gng lawyers about State policy and ridiculous DIPLOMAT
cprsp borrowed from the pershng tyrants Of the old
World will be listened TO countcnanced Every free.
man. who treads the broad surface of the Union. is
tier judge Of his business ord ane--i"i matters
than all ti yeis that plead for pay. there is
ny class of within the states who cannot prosper
except at the expense OF their fellow citizens, those
men should emigrste to cline wholesome to
arstocracy than this. When every individual in the
Union his Judgment in the free and unrestricted
exercises of perfect freedom he will inevitably advance
improperly. When the individuals of the nation
prosperous, the nation itself is by necessary
quence Then it is that exchanges banking commerce.
and every possible ram6caton of humsn employ is
regulated" by its impetus Like the resstlcss
rent Of the Mississippi tumblns from the high lands oil
the north traverses the boundess prares untes in its
strength forms for itself channel to the through
all the barriers of nature OF Of art.
The course of events points to continuance of the
present revolution in banking until it is complete; lie
gal restoration Of the principles tede
raj governmental reduction Of the tariff to simple
rates, and to suffer events to take their
This will not interfere with the present of bus
ness which are organizing on the cash principle and
mentarily increasing in volume and impetus.
will be remembered that when bv the Britannia in
the latter part of December received advces the
extravagant joy and anticipation entertained in England
IS to the results o! pacfcation in China expressed
our dissent from the conclusion that the peace would be
permanent, or that any results beneficial to commerce
would grow out oft The London Bankers Circular
marked follows -
"The Chinese intelligence is astounding that one
cannot readily withdraw the mind from dreaming the
herocs Of human actions, and specializing enter
prizes political power and The Govern.
ment OF little isand-where the rich who live on
other men who contribute to the state and NOTHING
IRON it, to poverty sends military and naval expedition
snd conquers, 900 miles off, the greatest empire in the
world that empire having according to the Able
Grosier revenue of Cal 900 900 sterling year. and On
armv of 100000 men-according to Stanton revenue
OF f66 600 000 and army Of 800 900 Then the
government of the little island magn anmously reln
quishes the conquest and gives peace the conquered
Did the world before give pregnant text
the hsorian7 To hear the bells ringing and guns firing
for victories revives the feelings youth and ensprits
cherries old age"
We this for the purpose Of showing how extra.
VACANT the ideas under which the English markets
became for weeks very buoyant particularly
in those articles calculated for the China trade is
now natural suppose that the late news corroboratng
the anticipation article OF Dec 29h that the treaty
would not be fulfilled, will produce corresponding de-
preston. The East India cotton destined for the China
market, must now swell the English stock With
enue which fell off in the last quarter now end
large must be entered into the war
with vgor. These events momentous in themselves,
and receive additional Importance at this juncture