The New York herald., 1845-01-23

:. THE LEHIGH AND PLAINFKLD BANKs.-We have
as yet received nothing in addition to what we
have already published relative to the develop
ments growing out Of the procee dngs in the Penn
sylvanla Legislature with reference to the Lehigh
Bank and Meses " Beach, of this city. We ex-
pect something very Interesting and important,
however, from the labors of the committee OF In
vestigation. II will be perceived, by reference TO
letter from a correspondent, which appears un
der our postscript head, that Beach himself has
made his appearance at Harrisburgh. His pre-
sence will also probably soon be required at the
seat of legislation in Trenton, as an examination
is expected into the affairs of the Plainhed Bank,
which appears to be connected, in some myste-
rious manner, with the movements relative to the
Lehieh concern. Indeed both Legislatures, that
Of Pennsylvania and that of New jersey, owe 1t to
themselves to the character Of their banking ns,i
tutions and to the public at large to scrutinize in
the most searching manner possible, and to probe
to the very bottom, every thing connected with
these concerns with which the name of Beach is
identified.
In reference to the frivolous and ridiculous pros
ecuton against us by the PlaiLfield Bank, we have
only to say, that the most competent authority pro-
Rounces il illegal, and declares that we would be
justified in instltuting proceedings against them.
under the statute Of this State, which makes it
misdemeanor " for two or more persons to conspire
falsely tomove or maintain a suit" II vol. Revi.
sed Statutes, page SIT. We shall be prepared in
day or two to commence suits against the Plain
field Bank, in connection with variety Of suitsto
be instituted against those agents who have illegal
ly circulated paper money here, and made dis
counts in this oity.
Stock SpEcuLATIoNs In the meney article we
have given some sketches Of certain operations in
relation to the Morris Canal, by which a number
of eminent stock k-jobbers have probably, in the
compass of a few months, acquired $4,000 to
$lOO 900 apiece, bya mysterious process of buying
and selling and double.shuffling, which is only un-
dcrstood by the initiated in Wall street. 1t does,
indeed, seem Incredible to the uninitiated how
$5O,OOO, or 100000, or 500, 900, are thus to be
made in a month or two But it is nothing new to
these scientific stock ,obbers. In recent opera
ton in the Long Island Railroad stock, stock
jobber cleared about $40, 900. and purchased with
the proceeds a splendid mansion at New Brighton,
the whole thing being "done" IN week. num-
Der of similar operations are now pending in the
various fancy stocks OF the day-Harlem Rail-
road-Morris Canal-Canton, and so on-the par
ticuars of which we may give in a romantic way,
by andby. Indeed, picturesque and detailed his
tory Of these stock k-jobbing operations would make
novels by wholesale. The meetings of the confe-
derates--their plans of operation-ther skill and
sagacity-their knowledge Of law and gospel-the
various modes by which they cell the stock to the
outside barbarians. who are the victims-the sleek
manner in which they pocket their gains-ther
piety-their patronage Of the church-all these
would make a historical account infinitely ANU
sing.
THE News BY THE OxroRD.-The Sun and Er-
press seem to feel very much annoyed because they
did not receive the news by the Oxford until after
it was published in the Herald. In their chagrin,
they utter few talsehoods, which, however, are
easily refuted To do 30, we will give ample facts
in the case.
The Oxford came to anchor on Monday last at
P. M, in the Lower Bay, the weather at the
time being thick and stormy. Captain Rathbone,
anxious to get the letters and newspapers up to the
city, despatched Mr. Yeaton, the first mate, in an
open boat, supplied with compass and rowed BY
four of the crew. They landed, with iminent risk
of losing their lives, below the Narrows early in
the evening, and after considerable difficulty and
delay Mr.. Yeaton procured team to take him and
hismen with the letter bags to Brooklyn which place
he reached at IL o'clock at night, covered with
ice and nearly frozen. The letter bags were left
| atthe residence Of Mr.. Wyman, who is connected
| with the agency of the cold line Of Liverpool
packets" and who resides in Brooklyn. He was
absent from home, but the next morning the bags
| were promptly sent over to the Post Office. The
| mate took out file of papers for the Courier &
Enquirer and the Herald (beiHg the only two news.
paper Offices he had any knowledge of) which he
delivered at midnight.
In this matter, therefore, there appears to have
| been no neglect whatever, and, indeed, great Gre
dit is due to Capt Rathbone and his mate for thei
efforts to get the dispatches of the Oxford W
to the city. All those who received letters by the
Oxford, owe Capt. r. their thanks for the early re
ceipt of their parcels.
DUFF GREEN IN TRxAs.-We perceive by the
New Orleans papers that General Duff Green ha.
got into trouble in Texas. He received the ap
pointment of United States Consul for Galveston
from President Tyler, but President Jones Of Texas
refuses to recognize him, or have any thing to dt
with him.
After Duff received the appointment of Consul
he went to Mexico, and assisted Governor Shannon
in his famous correspondence with Senor Nejon
After that he went to Texas and had several inter
views with Presidents Houston and Jones, which
| led. it is said, to rupture between him and DR.
Jones.
tits represented in New Orleans that the French
and English Charge de Affairs are highly delighted
with the dfh. atty.
Mr.. WEIGHS GRAND EQUESTRIAN COMPANY =
This unrivaed company commence their season Al
the Park Theatre on the q h inst, and if we may
judge by the card just issued by the spirited propr
etor it will certainly be of the most splendic
and efficient that has ever visited this city In the