The New York herald., 1845-01-11

PUBLICATIoN-Mos Y. BEACH AS FINANcIER.-
We publish in our columns to-day, list of the
wealthy citizens Of New York." extracted from
book recently published under that title by Moses
Y. Beach, at the Sun office. These extracts con-
tain merely the names Of certain citizens, and
statements OF the amount of property which they
are supposed to be worth, without any of the bio
graphical sketches which interspersed through
out the book, which are 60 libeIlous in their ma
ture, that we cannot touch them at all. Probably
these sketches contain about three hundred libels,
which we recommend to the notice of the Grand
Jury
The most singular point in this publication, is
the biographical sketch of Beach himself, the pub
Usher of the brochure, which we find at page five,
as follows:-
Moses Yale Beach was born In wailinsford Conn,
grandson by his mother, OF Elihu YALE ESQ., founder Of
Yale College, and for many years Governor of the East
tue cabinet making business in Hartford, Conn where
with capital Of tvo earned by work he pur
by the time he had lined his eighteenth year. $4OO
wn which he purchased Of his employer the remainder
in Massachusetts Soon after he married. and has
since then passed through the rough and varied OF
business life. Soon AFTER the commencement of the
Sun newspaper he purchased Mr. Wisners interest be-
ing enc bali aging for the experiment $4,000 As
as ne found this to bs safe sad permanent business he
this point his sta Sun has been steadily in the
ascendant and find him the publisher Of toe most
prpcpa stockholder in four banks all in good standing
ana prosperous. besides doing under his own name,
elsd business he has the services Of Ave sons bro~sb,
up IN active lite Under his eye, and who may yet
prove chips OF the old block"
The secret object of the publication OF this book
is, we think sufficiently disclosed in this single pa.
ragraph. Beach acknowledges himself to be the
principal proprietor of four banks call in good
standing and prosperous" besides doing large
amount OF business "under his own name." These
banks, as far as we can learn the "Ulser,' the
Malone" the "Jacksonville" and the ssPlain-
field" 1t is said, indeed, that he has been trying
to get another bank in Allentown, in Pennsylvania,
under his control, but that the arrangement is
not yet completed. Of the "four banks spoken
Of, only one ofthem has any particular credit or bu-
sness at the present time-and that is the Plained
Bank. The " Ulster" !" and "Malone" have long
since in measure disappeared from the currency,
in consequence of the uncomfortable operation of
law of the State Of New York, requiring the
"proprietor" to deposite an equal amount Of State
Stock, to the value Of their circulation. The
Jacksonville Bank it will recolIected burst one
day two years ago-not to the surprise astonish-
ment of every body. Immediately before it ex-
that he would be personally liable for all its issues
and instigated the President and Directors" to
commence suit against the Herald, because we
advised the public to be cautious how they handled
tlat currency. From that day till this, we have
never heard of this suit, and don't suppose that we
ever shall.
The only bank, therefore, which now exists un-
der the proprietorship of Beach, is the Planfeld
I~n IL It, -
already warned the public But the extreme fluctu-
ations and infatons, as shown by their own devel-
opments, are sufficient warning. Here they are
PLANrIELp BANK, NJ.
3.s:.,ys ,sa Hsssss 1::s @ ssss s;1ss
Dssembsi issa ss,ssa isS% is',sss % 1850
This is, we think, quite sufficient to alarm the
public, and accordingly run has commenced upon
the bank, during the present week, in this city In
order to prevent that run, Beach came out an
nouncing himself as being personally response
BILE )" and this announcement was made contempt
raneously with the publication of the brochure in
question, in which he is represented on the same
page with John Jacob Astor-who is set down as
worth twenty-five millions, and VIM. B Astor as
worth hive millions-as being worth $3.50, 900. Yet
on an investigation into his tangible property, we
have already shown that he is just worth nothing
that is visible, except the old types and presses of
the Sun. both his dwelling. house and his office
being mortgaged for more than their value, accord
ing to the official record in the public Offices.
1t is very evident, therefore, that this principa
proprietor of the Painfeld Bank, as he represents
himself to be, had some purpose in the publication
Of this brochure which is not very clear and salts.
factory to the public, and they have, therefore,
taken the present opportunity of returning the
Plainfield notes on him and getting something va
luable in exchange. But there can be no doubt
that all these brochures and banks are gross impos-
lures on the public, and that the fate of the
Jacksonville" Bank may be expected to fall on
others. We, therefore, usual, advise the public
to get rid OF these bills as fast as possible.
THEATRICAL AFPArRs.-The theatres are going
on pretty much in the old way. Nothing new or
interesting enough to remark upon specially, has
transpired. The Park, which ought and might
be the leading theatre in the country and school
OF classic acting and the legitimate drama-grows
worse and worse. The weakness and inefficiency
of the management are nightly more glaringly per.
ceptible There is no spirit, and apparently no ef.
fort to make the best Of what they have, and the
attendance grows thinner and thinner It really
makes ono melancholy to look in upon "Old Dru.
~" and contrast her present position with the
many glorious triumphs of the histrionic art
achieved there in by-gone times.
There is at this moment the finest of opportuni-
ties for the Park to retrieve its character and make
brilliant hit-but we have little hope that it will
be improved. The taste of our citizens for the
Italian Opera has been rapidly forming and spread.
ing under the really excellent performances of the
talented company just closed at Palmo's, as has
been manifested by the crowded and fashionable
audiences that have recently attended there.
This company is now without an engagement.
The arrangements at the opera house for another
season are unconcluded, and the company are open
to new proposition from any quarter. The Park
Is In every respect admirably adapted to bring ou,
Italian opera, with the full effect of plenty of stage
room and scenic decorations, and the additional