The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-12
INTELLIGENCE BY THE MAILS.

WASHINGTON, Sept 10, 1913.
1he clay Demonstration-H effect here-Mr. Bolts
Land Observation-Disclosures in Issue of Stock,
&c, &c.
The democrats are in great glee here in conse-
quence OF the meeting at Vauxhall Garden. in New
York, IN favor OF Harry Of the West. The Union
is in ecstacies, and Cass stock has risen at least
per cent. This man-worship has been the destruc-
ton of the wing party all along, and bids fair
again TO give the democrats a continuance os
power. The assertion that I" defeat under CLAW is
better then victory under any oiher man." albeit
such papable absurdty, appears to prevail among
portion of the wings In the city of the New York,
and we are inclined to believe that that portion is
composed OF not the least vlrtuous column of the
wing party; To be sure II is virtual confession
that the wings have no principles at Issue, but the
Philadelphia convention conceded as much, and
It 1t did not, still every one is it the case
The wing party never dlsavowed the motto, that
to the victors belong the spos, that is to s5v. So
course, when they were in power; and as TAYLOR,
is not known to be in favor of such doctrine, his
wing friends are rather lukewam. The Courier
and Enquirer has, OF late, come out strongly to be
sure, in favor of General Taylor but il IS pretty
well understood that the gallant Colonel and
would-be General, expects to become grinder
In case the old hero elected; and, assuredy. if
wind Is an essential, he is emlnently qualified for
the post
Mr.. Bolts, we perceive has been affording aid
and comfort to the enemy, and Is prepared TO come
out strongly for his dear friend, CLAW. Previous
to the close OF the last session we stated, on the
authority OF statement made by Mr. Botts HIM
sell, That ne was prepared to come out against
Taylor, ana that, at all events he would not sup
port the Philadelphia nomination. Mr.. Bolts pub
lshed sort of round about denial of our state
ment, and we allowed it TO pass not thinking the
matter of much consequence His course, now,
however, proves that we were correct; and, we
dare say, the hon member from Virgnia's predic-
tons as TO Mr.. Clay's feelings, had some founda-
ton.
II is stated, IN st. Louis paper, that several
counterfeit bounty land warrants have made their
appearance In the market there. The warrants
are very easily initiated they printed IN the
ccommonest manner, with very little writing. The
fraud, however, which is being perpetrated IN
them, will only affect spectators, and if they do
get bitten, they scarcely deserve much pity.
The amount OF stock of the late loan issued to
foreign account, during the week ending yester-
day evening", exhibits very great falling of, as
compared with former issues. II Is as follows =
Russia 5000 Scotland ,..... $1,000
CUBA. 1000 Italy. ......... 1900
France. ....... $4,000
germany. l4OOO Total $50 800
Several causes are assigned for this falling off.
In the first place, the different discussing Offices for
the army and navy having been fully supplied lately,
there is not much demand for cash at the Treasury;
and again, the takers OF the late loan are not now
actively called on tor deposes in specie, in pur-
suance OF the arrangement mentioned in our letter
OF the Th. This arrangement is a mutual accem-
modaton. To the purchaser of stock it is advan-
ageous, In not oclng him to sell IN order to meet
the issues; and, on the other hand the government
saves the interest on money, which 1t does not at
present stand In need Of Little is done in Issuing
stock on the late loan, therefore, and foreign capt.
tai has been generally vested by the agents in the
comnercla cities IN the new loan, IN preference to
transfers ofstock which hid been issued on former
Oans. OMEGA