The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-10


tains a statement Of the leading items, showing the
condition Of the banks of the Union, according to
the returns received at the Treasury Department at
Washington, up to the dates therein given Through
the kindness of Mr. Walker, Secretary Of the Trea-
sury, with the assistance Of Mr.. Gouge, who is
actively engaged on voluminous report, which
will shortly be laid before Congress- we are enabled
to give this important statement to our commercial
and general readers.
It will be perceived, however, that these returns
do not come down TO the latest day, but stop short
at the years 1913 or 1874. This arises from the
negligence OF the last administration, in emitting
TO continue the bureau of statistics, which had been
established previous to the Tyler dynasty. Mr..
Walker has very properly re-introduced this i'm
provement into the Treasury Department, and Its
advantage, under the able assistance Of Mr.. Gouge,
will be acknowledged by the whole commercial
community in less than two or three years.
The condition Of the banks and the state of the
currency, are most important elements enabling
both statesmen and merchants to form wise plans
tor future operations. AT this moment, according
to the official and unofficial returns which have been
received at the Herald Office, to the latest dates,
throughout the country, the increase of bank Gre
dts will be probably sixty millions over the state
ments received from the Treasury Department
The increase Of specie will be probably about twelve
millions, and the increase of circulation probably
eighteen millions, over those of the Depart
ment No doubt there was, some months ago, the
strongest tendency the part Of the banks TO ere.
ate an imitation IN the currency, and that tendency
seemed to exist principally in the Atlantic cities
Yet We must allow, that with the natural increase OF
trade and wealth, the banks will also naturally in
crease their specie, loans, circulation and general
items, without being liable to the mputation Of
causing too great an imitation. The panic growing
out ct the Oregon question, and the general cond-
ton Of our foreign relations all around have check
ed in mid career the unavoidable tendency OF the
banks to create great imitation. And, although
believe that there is a redundancy of bank credits
throughout the country at this time, yet the resric
tive process is now going on, and will continue to
60 on for some months to come.
Mr.. Walker has entitled himself to great credit
for the energy and comprehensiveness with which
he conducts the Treasury Department. He is
one OF the first among those statesmen who seem
to have comprehensiveness OF mind enough to I'M
dersand the action Of the currency, and the power
Of taxation, in forming grand system of protec-
ton for all the interests Of the country Heretofore
statesmen and orators have treated this subject like
pettifoggers.
We expect the present Congress, after they get
through with the Oregon frolic, will take up both
these subjects, the tariff and the sub-treasury, and
with complete knowledge of the elements Of COM
mercial movements, give us such treasury system,
and such tariff, will protect the whole interests
of the country, and prevent an imitation Of
the currency, as well as an overaction in CONNER
cial matters. Equilibrium in the currency and in
the revenue, will produce equilibrium in prices, in
wages, in profits, in foreign exchanges, and
will furnish protection 10 all interests, and prevent
mutations and revusions in every trade.
The PoLIcE.-On Wednesday, in the Legislature
at Albany, Mr. Albertson gave notice that he should
introduce bill authorizing an increase Of the I" star
police force, OF the city of New York, several hun
bred men. We are glad of this Under proper re-
strictions, it cannot be doubted that larger num-
Der Of police officers than we now have would be
desirable. In many of the large European cities,
their police systems are infinitely superior to our
own. Not only do they have greater number of
officers, in proportion to their population, especially
during the night but they kept under severe re-
strictions. They must be on duty at the hours as
signed them, or they will be likely to lose their
places at once. Their movements are watched
they have very little to say to each olher while on
duty, and are dressed in manner not to be mistak
en- and no one, unless he is rogue, is disturbed
or molested by them. They are not permitted to
as Osss part q Ss IN bar
some Of our American cities. They never take ad-
vantage Of poor fellow in liquor, rob him of his
money and watch, and maltreat him into the bar
gain; but have strict orders to be civil and kind
and honest all times; and the public have great
confidence in these men, who are selected on &C.
count Of their peculiar fitness for the stations they
occupy, and are, generally speaking, athletic good
It'll to be hoped that our new police will be tho
roughly sfted by the new city government, and that
none but civil and good men, of tried honesty, So
briefly, humane feelings, and fidelity to their duty
vor. There are good men enough among us, who
would be glad OF an appointment in the police. It
is therefore wrong to appoint thieves, rogues, or
men Of doubtful character In all cases, our police
sight, and dress OF peculiar color and cut, so that
they may be distinguished from other citizens; and
if any one from, Botany Bay should chance to get
an appointment he should be permitted to wear two
stars to distinguish him from his less modest asso-
ciates. BY the by what has become OF the two DO
licemen who stole the doubloons, some weeks
since, from thief in Washington street Has an
example been made Of them
" MORE MuD, FATHER v'-As the boy exclaimed
when the pigs broke loose from the sy and ran into
the parlor How is it that streets are suffered to
continue in so filthy condition For two long
months the mud has been two or three inches deep,
and no effort is made to reduce the frightful quantity
Of 1t. In the morning, you can cut it with knife
like odcheese at ten O'Clock, it is like soft dough
in the hands Of the baker; and at noon, it assumes
the consistence Of pea soup. Can nothing be done
to remedy this nuisance! II is said that the mon
srcus sum Of $l75 900 was expended during the past
year to keep the streets clean If this be true then
was one half of that amount squandered; for we
have had very little to show for the money paid out
OF the city treasury. may be safely asse rted that
there is not another city in the Union in so filthy
condition and when our city reform takes place. at
the spring election. trust the voters will have an
eye to this matter. The ladies' dresses which are
daily ruined BY the mud in this city, must be valued