The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-24

BY EXPRESS FROM COMFY IsLArD-lMpoRrANr.-
Our express from Coney Island has Just arrived,
with the following intelligence
COMFY ISLAND Jan. 10, lS4S.
GENrLEMxN THE SENATE,
AND HOUSE OF REPRESENTATIVE
Inc tlne mas arrived for you, the representatives
OF tree and enlightened people, TO take in considera-
ton those measures, and enact such laws which the
present exgent state of the affairs of this free Island
spired to give you wisdom by EXPERIENCED am sor-
~ say there few who will take lessons in any
other shape. will call your attention to the condi-
ton Of the Banks, which am convinced will take
pretty much all Of your time, especially as other
things are but of minor import The currency must
be attended to- 1t is false in every part to suppose
the constitution of the United States was ever form
ed or ever could prescribe the currency of these
happy States The States must regulate the curren-
cy, in spite OF every encrOaching power, notwlh-
standing. The sixty-five Banks in this free Island
have commanded becoming respect IN all their
movements. They have endeavored to regulate the
currency to the best of their abilities: il has been
found that the mode of keeping dollar In specie
to one hundred in bank paper, is OF little USE You
will learn by the Bank Commissioners that IT the
sixty five Banks were left perfectly free, they might
cause the Island to flow with milk and honey. 1t is
suggested with much propriety, that those useful
and necessary institutions should be empowered to
do in what manner they may see tit, as It can be
plainly seen that paper passes current, and Is more
easy tor the work lng-man to carry home and II pa
per is issued largely it will most certainly m Ike mo-
ney very plenty.
would therefore suggest to you whether it would
not be best for you to purchase site to erect SIX
paper mills to manufacture paper for the accommo-
dation OF the Banks. II such measures be adopted,
there could be no defalcation in any shape.
feel convinced, and am of the opinion that you
will be OF the same thinking of myself, that we
should endeavOr to cause our island to flourish
could, without the least possible inconvenience be
conveyed to his business places, or to church the
Sabbath, by means of railroads. ! trust you will
not fail to see the urgency of soon applying your
notable abilities to this all-important subject
The state of the Treasury is abundant with res
pect to paper, which do conceive to be the most
convenient money in the mhabitabe globe, notwith-
standing what Benefits money articles may say or
publish
/ would especially call your attention to the state
of our Judiciary Something must be done to carry
out the law and law points. would suggest if it
would not be prudent to enact statute of the worst
kind. making it penal for any person to openly affirm
that he understands any law of the land, unless he
has faithfully served seven years in reading the
operation to check the folly and presumption among
those who pretend to know what they never, from
the nature of the case, can, 1t would prove whole
some to the Commonwealth Much more might be
said but will leave the rest tor you to reflect upon
In regard to the of this free Island,
the mineral properties are well deserving of our
serious attention 1t is well known fact that those
valuable clam banks belonging to the Common
from the grasp OF the avaricous spectators who In
fest every community since the discovery OF Coum.
bus. would here wish TO be expressly understood
that consider you far above having, speculation IN
your eyes" No, gentlemen your gallant bearing has
won too much applause from free people to admit
such suspicion. Nevertheless, would advise you
to consider if it would not be more profitable to
dispose OF all the clam beds belonging to the Com
monwealth, as soon as circumstances will admit
prudenty so to do.
Although we may possess sufficient territory in
Hlar Ro1o still
are entitled to immense quantity of Sand Clam beds
bordering on Lobster Canal, which has been
not deserving of the attention of the specula
tors. You will, trust, cause survey by several
gentlemen, whom may appoint, and who has no.
thing to do these piping times of peace, but sing
with ladies the piano. There several strong,
and may say we'll founded reasons to believe, that
happy Island abounds in the hidden places, with
mines of pre- but they but of little
when we compare the great facility by which pa
per mill can answer for a gold mine.
Iwould most earnestly call your attention 10 the
various complaints about defacation feel certain
enough money. would say. if the banks where
left untrammeled, they could issue sufficient for
every mans wants, and cause business to be un-
paraleled in the annals OF time.
Very much might be said OF the frauds practIced
at the elections, but II rightly be laid to the
want of more bank issues in the country, which
tainly tend to lu the worst OF disorders In peace
and quiet. Much has been said and written con-
corning repudiating State debts, but am satisfied
from the genius of the people you honorably repre-,
SENT that such doctrines will gain foothold
in this happy Island. We need bat pointte ou.ex-
five banking institutions to cause paper TO pass for
gold, to silence such base accusations. trusting
you will go to work in spirit and dispatch will say mo-
| thing more but leave all to your wisdom, which
is quite unparalleled in legislation.
PETER FLUMMERY, Acting Governor.
JOHN SoAPsuDs. Secretary OF State.
"