The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-03-05

that II s impossible to form any opinion relative TO
the future Ths future. however, looks encouraged
The hopes Of those in favor Of expansion in
financial and commercial affairs high, and the
sDticpatiops formed at all events calculated to
give an impetus to the ,msnts OF commerce gene.
rally The Treasury department has fallen into the
lands Of PenDsylvs MAN, individual whose fnsu-
cial talents and whofe views relative policy here
tofcrs adopted by the two political parties are little
known and until he, or the President gives blicty
to the plans In contemplation, We shall ell be in fog
This doubt Will by no means be Injurious to any im-
portsnt interest Of the country but It may favor the
bear stock speoulstors In Wall street q little, aud
keep the bulls in an uncomfortable susps uss. The
arrangements reported having been made by Mr.
Waller to anticipate the ymsnt Of the Mexican n
demnty, may be rspudsted BY Mr.. Meredith, and the
the put Off until 1t falls due This
however, will make very little difference except so far
" concerns those interested In the payment of this
indempity,s - the outstsn ding instruments due the
last loan amount to about the and would DO
merely the receipt and dis Of so much
Alagepart Of this indemnity due citxsus and
but little Of the amount due the Mexican government
would go out Of the untry; and tbs balance due
on the lat loan would be drawn principally osp
tasts in this city 1t would by the payment Of tbs In
demnity, be returned to the oh.nn els aud the
hardly noticed. So much for this iod-m nits which
has been considered Of 40 much Importance by the
bull stock speculstors of Wall .treet.
The adjournment Of Congress IT, Of itself an event
calculated to have . favorable influence upon the
money market So long Congress In session. every.
thing connected with our fnan cal aud 90 commercial
yssems Is unsettled. The proposals from time time
made for the reports Of committees relative to
The tariff the public finances, and dozen different
things, keep the public mind in fsversh condition.
and 1t lie great relief when adjour has all
the members home where they can not do their CON.
stituents any good, they cannot do them much harm
We shal now have nine months breathing time, and
that will be suhoent to strengthen the prosperity
which has recently developed itself and enable all in
ter ests to bear any alteration in the policy of the 60
vernment affecting them. wehave too much legislation
in this country rather too much of certain cha.
raeter, We find fault with members of Congress for
euch an inexcusabs waste Of time but 1t is after ALL
better that they should do nothing than 80 be
Sly making new laws regulating financial ard com.
meroal matters making alterations in those already
IN operation They send these laws into the world half
made up In such imperfect state that they require
continual tnkering and with that are never Der
feet
The refusal Of the Senate to concur with tho House
In the passage OF the bill establishing branch mint
In this cty Is only another illustration Of the narrow
minds and sectional prejudc.s Of many Of the Southern
Senators. This Is the third fourth time this bill has
been In the Senate and have nearly absu
doned all hope Of such important measure ever be-
coming q law. The bill authorizing the coinage Of
gold dollars and double eagles, p ssed both houses
The gold dollsrs should be made thin and az largo as
oesbl- to prevent those mistakes which will equsnt-
~ happen II they made Of the thickness aud size
of Eve cent silver pieces The two dollar and half
gold coin Is ten cent silver Pieces that they are
often passed such, and in the dark are not readily
distr guished except by weight The coinage and cir.
culasion Ct gold dollars will do away measure with
the issue of small bills by banks and relieve the
market from vast deal Of this paper trash which so
often inicts heavy losses upon tho poorer classes
would be a good move for the Legislatures Of each
State to prohibit the Issue Of bank bills below the de-
nomination Of hve dollars 1t would much improve
the currency and contract tho circulation Of paper
money very materially Whether tho legislatures Of
the States adopt such not, the people will
regulate the matter pretty efectually
The annexed statement exhibits the quotations In
this market for the principle speculative stocks
each day of tho past week. and at tho week
previous:-