The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-11-29

Our readers will find, in another part Of this days
paper, two very interesting letters one from Mont
rose, in the State of Pennsy lvana, and the other
from Morrstown, In the State OF New Jersey. |
The one contains some curious Developments |
concerning the Susquehanna County Bank swinde, |
and the other some rich doings towards Lambert |
Norton, the financier, who figured as the Presi-
dent of the State Bank at Morris swindle, in New
Jersey Those two institutions, by their faiure.
have created great deal of misery In the commu-
nifty IN this region, as well In some Of the west
ern and southwestern States, especially among the
poor and working classes. "Keep the pot boil
ing" as one of these fnanclers says In his letter
TO his confederates--" there is foul play some
where" Oh h! oh
1t will be gratifying to our citizens to be IN
formed that Lambert Norton, the President par
sreeAemce of the exploded State Bank at Morris,
the cashier of that institution, and several of the
directors into the bargain, have been indicted for
their participation in that arrant swinde, with the
certainty staring them in the face, that If all the
parties are arrested and convicted, their splendid
financial abilities will be lost to the United States
and to the world at large, for few years at least
Norton, it seems, has been indicted for perjury, in
swearing, in accordance with the requirements OF
whole actual cash capital of the famous State Bank
at Morris had been paid in, whereas, according to
the evidence placed before the grand jury, no.
thing of the kind had been done. This is an
example of the manner in which such fraud1-
lent institutions are set ahoat, and commence
their predatory and swindling operations on
the unfortunate public. 1t is to be hoped
that the other parties connected with that In
hay hoo,
by the grand jury Of Morris county, will be
arrested and Gagged, to answer for the injury and
frauds which they have perpetrated on the public,
in deprivlng the working classes of their hard
earned money in exchange for their worthless bills.
"Keep the pot boiling, -" there is foul play sosle
where"
The criminal laws of New Jersey are more
strictly executed than those of the State of New
York, for all kinds of iniquy, as has been proved
very recently and the prompness and impartiality
with which they administered, might, with
credit and profit, be adopted on this side of the
Hudson river. 1t was only the other day that some
rioters, belonging to this city, created disturb
ance In Jersey; and, although the jury brought in
a verdict of simple assault and battery the con-
victed were promptly sentenced by the Judge to
eighteen months confinement and hard labor in the
ers would have been let of with some thirty days
confinement in the city prison, at most, or fine Of
a few dollars. So it was in a criminal trial few
days ago in Hoboken man indicted for murder,
and convicted Of that crime In the second degree,
was promptly sent to the State prison for twenty
years to be at hard labor ell the time In this State
at the most he would have been sentenced for only
four or five years; and the chances would be equal,
tha hry emf be
get clear altogether, even if he had been convicted
Of murder in the first degree. But they have diff
ferent way of administering criminal justice in the
State Of New jersey, and the consequence is, that
when man is about to commit crime there, he
knows to letter the penalty which he will incur.
"Keep the pot boiling, &c there is foul play some
where"
The slowness and uncertainty Of criminal pro-
ceedings in the State of New York are on every
tongue, and are frequently commented upon by the
press. Within day or two, one of our cotempo-
rares-who exhibited their rare financial skill in
getting up the Plainfeld swindle, in the State
of New Jersey, and succeeded, through it, IN
cheating the community out OF large sum of
money, by palming off their worthless trash on
them, in the shape Of bank otes-deprecated the
slowness and uncertainty Of criminal justice IN this
State. They would have had no such complaints
TO make, if they had taken, year or two ago, a
trip across the river to New Jersey, and expert
enced the workings Of criminal law there. We are
certain they would be perfectly convinced that al
though their complaints regards New York my
be well founded, they have no bearing at all In that
State. "keep the pot boiling, "-'' there IS foul
play somewhere"
We hope the Legislature at Trenton will show
r Il.
monopoly, next winter, as the Judges and courts
and grand juries evnce in administering criminal
Justice We shall see. "Keep the pot boiling,"-
",here is foul play somewhere"
GREAT CErEBRArIoS.-We give in our columns
to-day, account OF the Inauguration of President
Charles King, which took place last night IN Co