Weekly national intelligencer., 1848-02-19
NEW FORK CORRESPONDENCE.
NRw York, FEBRUARY Ii, ls4s.

H. ~'DD 1ONA LOAD-SN
i NEw York, FEBRUARY III, 1S4S.
The Washington Union says "the decree has gone forth
and her to be another money panic = and pretends
bee that the panic be up for the purpose Of oppo
ins the war and the Administration. Now how much Of
there to be- how much business arrangement and
pecuniay suffering may be in for the country the
ing year. apprehend the nance cannot predict with
any certainty, because there means OF knowing very de-
niey how much the country stand up Her power
endurance yet fully teedhe strength of her nat
raj prosperity and and energies not accurately
known She undoubtedly endure great deal The dis
nguished Senator from Michigan thought she might swallow
the whole of Mexico and be killed by and perhaps the
Administration editor thinks she might pay hundred mil
lions year for indefinite period conquer peace with
Mexico and not feel it. And IL under the operation the
whole country should become conyulsed and cry out with
agony, doubt the government editor would say all
Federal lie" got up oppose the But one fact s
worth two arguments half dozen unsupported assertions
For example:
On Wednesday last there was sold under the hammer
in this city the largest calico prints sold in
day in this country They the stock Of one Of the oldest
print establishments in the country, situated at Fall River
conducted by old firm Of high standing and credit The
firm failed three weeks ago, and their immense stock
turned the auconeers and sold at twenty per cent
below prices The paper will perhaps set
this transaction down humbug got up produce panic
and stop the
Again. there just reported heavy failure in Worcester,
Massachusetts,, of firm in the iron trade And Boston
paper says that this failure precpated by heavy failure
in Boston, which left liabilities the Worcester house.
Humbug, Gays the government editor, nothing but opposition
to- the Administration.
Again, the Newburypor Herald says The directors Of
the Stark Mills taking account Of stock the ls of jan
uar found that they had lost during months up
wards fy thousand dollars than one-24h part of
their capital which ST. 2O0 O00 Another Federal blow
the Administration says Mr. Richie these fellows de-
termined to get up panic.
Again. the Anoskeag Company Manchester with cap-
millions and half of dollars unable make any
dividend for the last six months Rank opposition the war,
says Mr.. Richie
Again. some Of the factories in Rhode Island have notified
their help that they obliged reduce their ten per
cent vile plot says Mr.. Richie, their people
against the Administration
Again, the Providence papers say, the mills in Fall River
still stopped" It is only because they want to stop the
war, says Mr. Richie.
Again, Pennsylvania paper says the iron business in that
State going ruin and Of nearly half the people Of
the State be ruined with it. says offers have been
made by English agents deliver in the city Of Psburg,
during the present year, less than thousand tons Of
Scotch pig iron less than S25 per ton" Nothing but rank
treason against Mr. Walkers tariff and Mr.. Poks war, says
Now of such outrageous conduct the part Of the
people attempting get up pan the editor and the Ad
muistraon should Immediately make dgen search among
the old forgotten of the last century, and if
cannot be found the and nct adequate punish
ment.
New YORK, FEBRUARY IL, lS4S.
Please inform the editor of the government paper that the
reasonable opposition the Administration and the
still going here with spirit The day before yester
day French importing and shipping house failed for large
amount, estimated by half million OF dollars II
was old house Of some twenty years standing and hitherto
supposed strong. Yesterday there three
other failures but Of less Whether those who
opposed the will be able to get up any thing Of
spectacle money panic remains TO be but Mr. Richie
perceive that great sacrifices daily made, and panic,
after ALL may be the result However from Of the late
hints from Washington ii would that the necessity for
panic is in degree diminishing. Mr.. Senator NILEs
think the had better be brought Close and
60 say that the President himself is privately be-
coming to the doctrine. There should be
great care however, keep that from the knowledge Of
the government editor.
We have at last veri6caton Of the old adagc that winter
never rots in the sky We have had cold week. and the
recovering their spirits Last Saturday
Of the North River boats reached within mile Of the dock
Albany. To-day probably may safely the track
she then made The ground has hardly been whtened with
snow here yet this winter but the atmosphere to-day evil
deny preparing for and the clouds indicate thatw
shall get before tomorrow morning.
p. s. What does the editor of the Union BY saying
one day that Mr. pamphlet be kept aaoat
that it falls silently from the press &C. and the ne1tde-
claring that millions" Of them are in circulation
\
| WArEn WoRKs:-The readiest water works to turn
are ladies' bat the difficulty when they begin TO
ow 10 stop them. Sometimes velvet dress will check
the tremendous rush. But occasionally it Is piped
strong that necessary to send for opera box to prevent
the water works flooding the entire house.-Tbid
| ABDIcArIoN or LOUIS PHILIPPE-The Morning Post,
day or two since, with exclusive piece of e
pence-t has remained exclusive sncehat Louis Phi
ppe was about abdcatc in favor ofhe Regency but would
OF course remain active certain matters being transacted