The New York herald., 1845-02-20

shine, they refuse to come out into the open dav,
and wrapped in darkness, call out when told OF the
sun in the heavens, where is it? But the world
OF these gloomy enthusiasts has no existence IN
reality. The great mass of mankind, living in CT.
viiized society, is happy. The suffering and misery
are only exceptions to the general condition. The
world is an excellent world. IL Is nap
py world. II is clothed with beauty. The
sky is beautiful. The mountains and the
wales are beautiful The broad and winding riv.
ers are beautiful. The trees are beautiful. The
very wilderness is beautiful The mute creation If
beautiful and happy. Man is happy. From uni
versal nature there is constantly ascending hymn
of praise to the Great Creator. The hills resound
with gladness and the fertile plains break forth
into singing The great heart of human nature, too,
pulsaes with happiness 1t is true, vice and misery
and suffering are to be met with In society But
why? Not because the organization OF society is
radically wrong, but because the laws of society
are violated. The system of christian civilization
aud christian society and morals, given to the world
by Jesus OF Nazareth, perfect. II is entirely adapt
ed to the condition OF humanity. Adherence to II
must necessarily make man happy on earth, and
when these philosophers offer us their syten in
acknowledgment founded on gloomy, distorted,
and morbid views of human nature-they act like
the wicked men in the scripture who, when asked
for bread, gave the starving applicant stone.
MYSTERIES OF MODERN FINANcE-MosEs Y.
BEACH We have received from Allentown, Penn.
sylvanis, several depositions taken before Com
missioner there, authorized by Committee Of the
Pennsy lvana Legislature, relative to the organza-
ton of the Lehigh County Bank, which was re.
Gently put in motion and set its legs by Mr. Mo-
ses Y Beach, of this city. portion of those deposit
tons has been published in of the papers here,
and in reply to the affidavit of Mr.. Marx, m it
has been stated that it was merely erpare, and did
not give full and accurate account of the proceed
lngs in setting in motion that new Bank by Mr..
Beach. Wehave now received some Of the addition
al proceedings, and we expect to receive the re-
mainder in a day or two from our correspondents
In that beautiful little town on the banks of the
Lehigh. They will furnish very amusing, inte-
resting and philosophical chapter in the mysteries
Of modern finance and mode of setting banking in
stitutions in operation, on large and comprehen-
slve scale. We wait till we receive further evil
Ia the meantime, it may be well to state that
these proceedings will be most curious, and illus
uative Of the history Of Mr.. Beach as inancier,
showing the extent of his skill and science in
starting new banks, and accounting, in some de-
gree, for the success of his faancial operations,
nd for the large fortune attributed to him in the
Book of Wealth" of this city, in which he is sc,
down as worth $25O.OOO Mr.. Beach is certainly
a genius iu his line. He has been connected with
oanks. The first, we believe, was the
"u.U Bank," the circulation Of which is now
pretty much non est inventus -out of existence
The next one was the Jacksonville Bank oi
Florida" which was rather a failure. He then
started the "Malone Bank" in this State, under
the free banking law. With the remains of the
"Ulster," and the aid of the "Malone Bank" it is
probable that he was enabled to get a control Of
The principal agency Of the "Plainfeld Bank" in
New Jersey-an institution tolerably well known
in the world. With the help Of the ssMaione" and
the "Plain6eld," he has now started yet anothe,
bank, in Allentown, Pennsylvania, and with these
numerous levers in his hand, we really don't see
what is to prevent him from starting bank in
very State in the Union, and SO continuing his
financial operations as to obtain more than the
newspapers have represented US as making
geo 900 by an express from the South. Bu
We rather think our rival, Moses Y. Beach, bid.
fair to surpass even that, and he may possibly an
cipate us in generous project of paying of the
debts Of the delinquent States, Pennsylvania, Ma
ryand, and particularly Mississippi. 1t will be an
| interesting race at all events. He means to make
money by banking on ga comprehensive scale"-
starting banks IN all the States of the Unon by a
process something like that of the physiologists in
their experiments with some species Of worm,
which can be multiplied indefinitely by chopping
it in pieces We mean to run expresses across the
Atlantic and down South. buy up every bale ol
cotton we can lay our hands on, and eventually
realize enough to pay of the State debts and the
Croton debt into the bargain.
Thus the matter stands at present-Aeck ant
neck. When we get further information from AL
lentown, we shall give our readers full accoun
Of it.
The MISSING SHIPs-Another of the missing
shipe, the Oswego, has been heard from /; this in
creases the hope Of the safety of the United States
| and England. A letter from Fayal, dated Dec. 81
says: