The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-26
passed 2sth Dec. 1924

Many ofhese companies have gone into operation
and the remainder have failed aft having
sness These New Jersey banks have been the source
vast loses to the public through the Vaccination specu
laors Without being ofany possible benefit any class
czensthey become the instruments of swndling the
hands Of unprincipled men in other States. The Mon
mouth Bank people have the impudence make
port and continue their practices although several
it's issues in the hands of the derauded public TIL.
pretence is that the bills issued under orme,
management of the same bank.
The Legislature Michigan have caused to be destroy
ed all the State scrip in the Treasury and all the sheets
not signed They have also ordered the plates the hands
othe engravers in this city to be destroyed which requi
stions have been complied with Thus ends the disgrace
full espedisnt of issuing illegal currency that State
On Monday, in the United States Senate in compliance
with resolution of the 2bh ultmo showing the revenue
from mpos during the third and fourth quarters of the
year lS4a, the Secretary reported
The amount recvd from customs Sd quarter
4h 3ll6,370 70
Total ss.4al,s77 oa
During the third quarter the high tariff in operation
only month and consequently the was greater
than during the fourth quarter during the whole of which
the high tariff operated The deuded victims of manufac
turing will have the tax gatherers of the federal
government among them to supply the deficiency caused
by the protection Of the manufacturers the expense
the farmers.
We have received the Message of Governor Call Of
Florida long document and gives gloomy picture OF
the condition ofthe Territory growing of the bank
system; but evnces most deporabe OF intelligence
on the part of the Governora disregard Of all the
oogaion ofcontracs the part ofndvduals And at the
same moment he refuses settle the Territorial Bonds and
affects horror of reputation The last Legislature passed
stay or robbery" law relation to which the
Governor remarks -
.ruL-
The present provision Of the law which grants stay
OF execution py the aym OF costs and ten cent on
the amount of the judgment every sixty davs m
me to be highly judcious and should be retained in the
future Legislation on the subject But of itself IL il per.
haps too limited, and would therefore suggest the ro
Prety of providing for the appraisement of property
levied on by executions and Of specifying value ,nier
which IL should not be Sold"
Anerthi recommendation to defraud individual credi.
tors he has the following
The Bank OF Pensacola, it is believed has suspend
ed all operations and paper has to circulate
acurrency The assets of this institution hapinr ,rbs
been qunndered by prodga and njudcous expenditures
or rsmopsd beyond the limits Of Florida there sci is
~beheped be nothing araiidb from this TO PAY the
principal and interest Of the Bonds to the amount Of
hundred thousand dollars endorsed by the Territory
recent has been made on this government either
by the Bank Of the United States the bond holders
the interest due on these bonds. The opinion which
had occasion to express this subject the Legislative
Council in my last annual message and in nv CORES
pondence with the agents Of the Bank of the United
and the agents OF the bond holders far from having
dergone any change whatever, has been fully confirmed
by subsequent reflection and although can nepey eipe
NY sanction 70 the odious and demorasing doctrine Of re-
quotation and can never consent to barter off the honor
Florida to avoid any pecunary responsibility believing
az DO that the bond holders first seek redress from
the Stockholders Of me Bank before they can with propri
ety. look IN the ultimate responsibility Of mis- TERRITORY
Tcannot recommend the adoption of any measure for Their
relief until they shall have pursued to its full extent The
remedy which the law affords them sqains, the na,tes
first liable the bonds Until this is done no A.
billy, In my opinion, can rest on this Territory
Is not this genius He first advises stay law to pre-
vent individuals from being proceedcd sgains He then
states that the bank utterly nsovsnt and that the state