The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-02-13
Newark.
Correspondence OF the Herald
NEWARK, Ohio, Feb. 8. Is
Feb. 4th, lS43.

Correspondence of the HERALD
NEWARK, Ohio, Feb. 8, 1S43.
The OHIO Legislatme-Ihe CurTency-Hon Mr..
Parker's Land BM-Progress OF Neurology
Great Effort to encourage Cost Johnson IN his En-
dearors 10 Effect the Assumption Of State Debts
Ren'oral Of Postmaster, &c.
The divisions in the democratic majority in the
Ohio Legislature, appear to be in measure healed,
and the policy to be adopted with regard the cur
rency would seem to be, Gas predicted before the
session commenced,) modification of the law pass
ed last year, and generally known Latham's
BILL A bill containing the proposed modification
is now under consideration, and WILL ! have
doubt, become a law. Will it have any practical
effect | am inclined to think that it will not have
the slightest. Investments much more profitable
can now be made of money, that any one who would
invest it for legitimate banking purposes must be in
deed foolish. am, therefore, of opinion that the
ten banks which remain to us in Ohio, will be all we
shall have for some time TO come, and also that, in
ordinary times, they would be amply sufficient for
the purposes of trade and commerce.
A bill now under consideration in the Senate, and
introduced by the Hon, James Parker, the Senator
from this district will, if passed, have more effect
in relieving the people of Ohio of the distreses
which they complain Of and will pay of more of their
debts, than perhaps any measure within the sphere
OF legislation 1t provides for the appraisement Of
lands when taken on execution, at which appralse-
ment the creditor must take the land, such part
of it will satisfy his debt, subject at any time
within one year to redemption by the debtor. 1t ia
at the option of the creditor to levy not on the
land; but when once the levy is made, he must take
il az the apprasement, unless the debtor chooses
| pay him otherwise. The bill is almost exactly SINH
| lar to laws now in force in Massachusetts, and I
believe Connecticut. II it become law, the debt
ors OF Ohio will pay of their New York creditors IN
! lands
| Neurology, Phreno- Magnetism &c, have been at
tracing much attention in our city for two or three
weeks The Rev J. p Stuart lectured on Neurolo.
gy to crowded houses and succeeded in convincing
| many very sccptcal persons Several gentlemen,
residents OF city, IN their aemptsto satisfy them
selves on that subject have made very successiuex-
| perlmenis in Phreno-Magnetism. DR.. Parnell sue
| ceeded the Rev MIR Stuart, and will remain week
| or more, longer Dr. P.'s subject (who IS young
man of some little cultivation OF mind more thanwe
usually find in persons thus engaged) Is fond, when
| in magnetic sleep, OF spoutlng Ia Shakespeare, and
| seems emulous of the gories OF Macready, Kean,
and Forrest As DR. Parnell confines himself TO this
one subject and the orocular sayings OF this sub
ect are of cast theatrical, his experiu ns have
served to unmake many OF Mr.. Stuart's converts
Apart from this. they have been vastly amusing
The assumption by the National Government of
the State debts, Is attracting more and
ton with every coming day, IN this quarter great
meeting, without distinction OF party, was held
AT the Court-hou on the 4h inst, al which a Sc
rles OF resolutions advocating such assumption,
introduced by the Hon. William Stanbery, former
ly a distinguished member of Congress. The reso-
lutions were strenuouslv opposed by the Hon o. IS.
TAYLOR and the Hon. b. Briggs. and supported by
the Hon. Mr. Stanbery in speech OF distinguished
ability. Daniel Duncan, Esq, having ntimated
desire to address the meeting, and the hour oeinS
late a motion to adjourn until the llth INST was car.
| red The whole county will doubtless be aroused
and pour into our city 10 be in attendance on the ad-
ourned meeting The wings are generally IN favor OF
ass,rnntion and the democrats as generally opposed
| 10 on The IIth the contendIng parties will meet
in battle array on that question, which ere long will
be rallying cry, most probab y, IN all the indebted
states but heaven grant, that II may be Intellectual
in its endeavor to destroy the credit of the whole
nation.
Malon NJ. Caifee, Esq, has been removed from
the office OF Postmaster at Newark, and the Hon.
Levi J. Haushey, democrat, (latey Judge OF the
Court OF Common Pleas) been appointed In his
place. The wing party is In STATE OF great excite
ment the subject of this removal, and has held an
Indignation meeting 10 give vent to Its angry leer
ings. L'OcoIpKNTE.