The New York herald., 1845-11-08

should have these illustrations The carica;ure OF
ms position in the celebrated Marche Marocalne is
very curious.
Movements OF the stock -Jobbers-Ihe
Texas Debt.
The Courier of Thursday last lad an eia'
borae article in favor of the assumption
of the debt of Texas by the United States Govern
ment In Yesterdays Tribune, heightened reply
appears, opposing in very strenuous terms me
arguments Of the Courier, the ground that one OF
the express conditions Of annexation was, that IN
no event" was the debt of Texas 10 become charge
on The general government of this country.
This is a rather complicated question By tie
r,soution anuexng Texas, she guaranteed
The continued possession of her public lands
for the purpose of meeting her liabilities
She may throw vast quantities into the market
al cheap rates. order pay the tull amount OF her
debt The Couler recommends the assumption o /
the debt by Congress- But this would bring up
another question, whether, if the debt OF Texas
could be thus assumed, the debts OF all the other
States could not also be assumed The Courier
and Enquirer is it is well known, the principal
stock -jobbng journal i'll the country, Il s control
led by stock k-obbers, and the movement IN favor OF
the assumption of the Texas debt has undoubtedly
III tile tHqhe VI WHICH uia'
journal the organ and mourhplece, II these stock
iobbers who hold large quantities OF Texas scrip
and bonds and also those of other States, succeed
in procuring recognition OF the debt OF Texas by
Congress, it will be quite easy for them TO carry
out the same principle applied 10 other States,
and thus the general government be made to as
sumo the debts ofall the States. And we are not
sure but there is vast combination of Spectators
k-.l IL LoIl III. ~,
country and in Europe, who are now endeavorng
TO employ the Texas influence in Congress, and
Mr. Folks administration, with regard TO Texas,
for the purpose OF accomplishing that great work of
assuming the debts of the whole of the repudiating
States
Soon alter the war of the Revolution, great
sockJobblng movement OF similar character TO
that now indicated was made, in reference to the
debts incurred in maintaining the ndepe ndence OF
the country. The original holders of the revolu-
tonary scrip never could procure an acknowledge
ment OF the debt by Congress, until the members
became interested in the scrip. The debt was then
acknowledged and paid, Vast sums OF money were
thus made by that famous scheme. We should no
be al all surprised to see the next Congress, pro
ceedng from the point which is ingeniousy started
by the ock-obbers of the Courier aud Enquirer
endeavorng to bring about that great measure of the
assumption OF the debts of all the States. If the
members Of Congress and their friends become in
terested IN the measure, by purchasing the various
State bonds including Texas, at the present crisis
the contederates OF the assumption on the part @
the general government, could make from twenty /
thirty millions of dollars, making all of them inde
pendent for three generations
Now, 1t is well known that the Courier g. En-
quire is the organ OF one of the strongest and mos
magnificent ctques Of stock -obbers and brokers il
this country. 1t was formerly an organ of the whi.
party, but II is reduced TO what we hav,
represented 1t, the moutbpece of clique of opera
tors in Wall street, which was formerly represent
ed by the New York american, some time since
deceased. This clique is connected with bankers
brokers, and stockoobers, in Europe and this coun
try. The Influence of the journal in the whip party
Is entirely used tor the purpose OF buying and sell
'ng stocks-regulatlng exchanges-and making
money by stock operations. Its movements on
Texas and various other questions, on which il
differs with both political parties are indicative OF
these secret characteristics Ii were we'll there
fore, to watch the ambiguous givings-out OF this
journal, not on account of its conn ectlon with any
party OF politicians, but solely because it is the
mouhpiece OF this clique OF stockholders who have
vast capital al their CONTROL and who are copltatino
gigantic schemes of profit out of the state Of the
times.