The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-03-20

Herald was used the Of creating this foolish pa
by it, those only who be influenced
concern while those Of fellow citizens who estimate
that sheet and its opinions they deserve be estimated
only escaped the loss enaed upon friends and sup
porters but prohted very largely by its FOLLY and gno
rance.
From the Savannah Republican,
The New York Herald, paper which has done more
within the past months to excite speculation in cotton
Its reports than all the other papers in the
United States is taking the other tack. The last
number contains paragraph headed "The First Burst"
1t stated that some OF the Georgia Banks have been
verely injured by the failure. but put conf
dence in this report than we do in twohirds of the other
statements which originally appear in that sheet.
From the New York SUM-
We have frequently in the discharge of duty to the
public, cautioned the community against placing any
the subject may he: Cotton, Stocks Banks Politics.
is impossible, under his Black Mail System, to
A speculaor in Cotton Stocks, sc &c wishes to run
down or run up particular article having either
cess or running short he has only to go to Bennett and
arrange with him. and he will manage give the color
ing to it that suits the interest of has employer 1t is on
that account of the most dangerous papers in exis.
ence for merchants and others, at distance rely up
on its statements in relation to Commerce Banks any
object OF speculation He is perfectly Indifferent the
result Of his fasehoods he can achieve the immediate
object he has in view-he don't care straw what Bank
what innocent Stakeholder may be injured that his
Black Mail secured He has great many of these irons
now in the fire, and shall il occasion requires put the
public on its guard in relation to them
1t would appear from these paragraphs that the
recent speculatons IN cotton-the rise of prices and
the tall-that the recent panic and the rise and fall
IN the price OF stocks-that almost every thing that
takes place IN the world, is somehow or other pro-
duced through the agency of the statements pub
lished in the Herald. OF course all these state
| ments, according to the same authorities, are
false" "lying," and created by what these phi
losophers call " the black mail system" Well
this IS funny world, and our contemporaries are
funny set of fellows. Here we have been for
the last two or three months beating them
almost every other day, in every thing relating
to foreign and domestic news. We have publish
ed again and again, day ahead of them, the
most important intelligence accompanied by free
and independent comments And when the public
got the news and the facts and the proper views
from the Herald, they CT course acted accordingly,
| on which our disappointed contemporaries turn
| round and cry out against our efIorls-attack our
| system, and depreciate us much as they can
But the public know the cause Of all this ridiculous
folly and jealousy. The only "black mail'' that
we receive, we receive openly, before the world
Probably there is not bank in the world on which
we do not levy black mail' to the extent Of seven
or eight dollars year. But they get good value
for it. Nor is there cotton speculator nor stock
Speculaor, nor any man of any note in any party
throughout the country that does not pay us black
mail to the same extent, 81 rs per annum for the
daily and $3 l2i for the WeckiyHerald. In addition
to that, if they want any particular publication in
the way of an advertisement they must give an ad-
iltiona dose OF black mail'' at the rate of fifty
cents per square in our advertising columns.
In short, any one coming into our office and see
ing the number of papers sold and advertisements
received, and the business transacted there openly
by clerks, will see that we receive every week
between two and three thousand dollars in s'black
| mail" as they call it. And ii is this system Of
g black mali'-givlng value for value fairly and
honestly-whch enables us to pay $500, $500 or
$500 for single express, and sometimes 500 for
single piece of news and thus publish it ahead of
all the papers IN the country. In fact, such is the
| rivalry and jealousy of contemporaries, that if
we were simply to announce, quoting from the al
manac, that the rises at a certain hour on par
ticular day, they would Immediately jump up in
every quarter, and call out What a falsehood
What lie! What an atrocious publication this is
TO say that the sun rises at all ~
| o. THE WALL STREET PANIC still continues, but
not in SO aggravated form Monday. The
Wall street journals have got frightened at the
noise they have kicked up about Texas, and would
willingly back out, and lay the blame Of raising
the devil among stocks on us-but they sha'n't gel
off in that way. Did not the american first an
nounce the "dissoiution of the Union IS"l
| THE ITALIAN OPERA-SQUALLs.-We have seve.
| raj articles sent us for publication, relative to the
Italian OPERA the troupe, their quarrels jealousies
Malocch. Antognini, Valtellina, Palmo, and ever,
| l Al.
for the Insertion Of any. We Can only say tina
Beatrice III 1snda, new opera, will be performed
tonight, with Majocch and Antognini, which o
itself is novelty. Go and see it. The present en-
gagement closes with this week, and on Monda,
next the beautiful Borghese takes benefit, ant
brings out again the immortal and ever youthful
DE Begins, with bit of ballet by way Of novelt,
and variety. We hear also that De Begins will be
come the manager for the next engagement. w,
| really hope so. We want some manager who un
derstauds the role of the OPERA and the role of the
public at the same time. Do, Signor Palmo--yor
can make better bargain this hit
| CONVICTED Franklin Benjamin Case, formerly
member of the Green street Methodist church
was convicted last evening in the Court Of Gene.
! raj Sessions Of obtaining large amount Of good.
under false pretcnces. Peter Reierson, the Dane
is to be tried to-day for similar offence. Peter
ha. never made any professions Of religious faith
and may therefore be acquitted.
INTERCOURSE WITH B0sToN. Since Adams
Co. have been in operation, Boston and New Yorl
have been situated very much like New York anc
Brooklyn Instead Of being obliged TO send par
Gel to Boston by packet, which takes week o.
more to go, Including all sorts of trouble, we car
now send by Adams d. Go. in fifteen hours or less
without the least trouble or vexation. Think oil
that
EASTERN MAiL,-None arrived yesterday there
fore none LETT,