The New York herald., 1845-02-25

Banks OF the Legislature OF that State, relative to
certain passages in the history of the Lehigh Coun
ty Bank. This is a most interesting and graphic
disclosure OF the system by which many country
banks are started into existence, and of the pur
poses tor which many banks possessing a good
name are used. Ii seems that in endeavoring to
start the Lehigh County Bank, Beach used the cir
cuiaton and credit OF two other banks which have
oeen supposed to be, to certain extent, under his
control. We allude to the Plainfeld Bank of New
Jersey and the Farmers Bank of Malone in New
York.
One OF the most startling facts in this develop
ment is the statement that over $3.50, 600 in Plain
field notes were offered in payment of the stock of
the Lehigh County Bank, besides check repre-
seniing deposites in the Plainfed Bank of $35 600
Now, on turning to the statement published by the
Plainhed Bank, and presented to The Legislature
about the same time, we find that the whole circu-
laton OF the Plainfeld Bank, at that time, was
only $Sl 900, and the deposits about $40 900 1t
is evident, therefore, from this discrepancy, either
that the statement put forth by the Plainield Bank
was erroneous and untrue, or that the bank notes
and checks on that concern, presented by Beach in
Allentown. were not included in the statement
OF the Planheld Bank to the Legislature, and
were so much waste paper. This extraordinary
tact and discrepancy ought to cause the New
Jersey Legislature to investigate the affairs of the
Painheld Bank, and to ascertain whether any OF
the directors of that institution were aware
OF the extraordinary amount of their notes
in circulation, and of checks on their deposits,
which were thus used by Beach in endeavoring to
start the Lehigh County Bank. There is some de-
cepion somewhere in these alters, as is apparent
from these discrepancies. So also we may state in
relation to the Farmers Bank OF Malone. Here
is check OF $4,000 on that bank, when we will
venture to say that they have not ST. 600 in de-
posit from any quarter, for its whole existence is
only in name, and not in reality.
1t will be perceived from these extraordinary
disclosures, that every thing which we have here
ofore asserted in relation to the critical position
Of the Plainfeld Bank and of all the banks with
which Beach has any connection, has not been in
the slightest degree exaggerated. The manage.
ment OF all these institutions displays qualifications
not calculated to create confidence in the public
in receiving these notes, and although many of the
directors Of the P'ainfeld Bank may believe and
mean right, it is very evident that some of these
transactions must have taken place without their
knowledge, and contrary to the interests of that
institution.
But these extraordinary facts are quite in keep
ing with the character which Moses Y. Beach has
always maintained in his banking experiments du-
ring the last four years. Who has forgotten the
experiment he made in the case Of the Jackson
vile Bank That was a country institution, bro
ken to pieces, but bought, like cracked crockery,
and attempted to be revived in this vicinity. The
attempt was made for a few months, when the
conlederates quarreed-the Bank broke a second
time-Beach repudiated the notes he had issued
and the public lost great deal of money. The
operations now disclosed in connection with the
Malone Bank, the Plainfed Bank, and the at
tempt to put the Lehigh Co. Bank in action, con-
trary to the provisions of its charter, must, we
think, quite convince the public of the financial
capabilities and financial morals of Beach We
presume, therefore, that the Pennsylvania Legisa.
ture will repeal the charter of the Lehigh Co.
Bank-that the New York Legislature will make
an investigation into the to which the Malone
Bank has been applied-and that the New Jersey
Legislature will not forget to search into the cha
racter and management Of the Plainield Bank.
Something is wrong-all wrong-and, SO far as the
public is concerned, we advise all to be careful
not to touch any paper connected with any of these
banks, or any bank with which Moses Y. Beach
has any connexion.
Posr OFFIcE-A BRIGHT THOUGHT worthy
Postmaster, at length awakened by the repeated
complaints in regard to his administration of the
of the post Office in this city, has resolved
to make move in the matter. 1t is said that the
number of clerks employed are insufficient to per-
form their duties, therefore the Postmaster has re-.
solved to make them wear sort of livery, by way
it is supposed, of increasing their efficiency. Now
whatever may be the Postmaster's views about
uniform dress promoting uniformity in actions, it
would be far better for himto clarity his own skull
than decorate those of the clerks in his department
with blue caps, even with brass eagles on them
There is brass enough used by him already, in the
gross neglect of public convenience witnessed in
the irregularities of his office and instead Of get
ting new caps for his clerks, he had better put a
feather in his own, by making such regulations as
will ensure the safe and speedy transmission of the
mails from one place to another, and their quick
and punctua delivery on arriving al their destina-
ton.
Very little faith in the utility of liveries, or uni
Iorm dress-or blue caps more than other caps
In brass eagles over pewter, other eagles-is in
existence in these enlightened times, and particu-
larly in this country and any effort to increase il
comes most unseasonably from the Postmaster be-
fore he acts in good faith to the public, and does
his duty well Faith, without works, is dead, Mr..
Postmaster, and we have neither faith in, nor
hope for, real reform, whilst such puere and con.
temptlble changes occupy the attention of public
servants.
MAYOR HARPER AND HIS ORGANs.-It seems that
His Honor the Mayor was not cracking his old
jokes at Baltimore after all, at least so his organs
say. If he be really at home, we think he should
curb the insolence and indecency Of these organs
1t is really very inconsistent in the head Of party
that claims par excellence, to be the Bible party
to be the quintescence OF all that is pure and lovely
and Of good report-and who himself bears repu.
table private character for morality and decency,
to permit his organs to pour forth daily long tirades
Of filthy and scurrilous abuse. His Honor the
Mayor must look to this He cannot endow HE
organs with brains or common sense anv mora