The New York herald., 1850-05-21

l
ers every day, all The intelligence which can be
collected from every quarter, touching the recent
mysterious and very questionable expedition which
started from New Orleans to Cuba, for the purpose
of evoutonizing that beautiful, unhappy island.
Some of our cotemporaries pretend to the posses
sion OF all the secrets of the leaders, and predict,
with an apparent show Of confidence, the perfect
success Of the scheme, We have had some or,or-
tuniy, during the last year or two TO collect infor-
nation relative 20 the leaders and organizers of
these schemes; and we have received information
from various quarters concerning this recent one
which has started from New Orleans. But from
all these facts, and judging with the greatest
calmness and dehberation, we have come to the
conclusion that more wild and reckless attempt,
with more inadequate means, before
made, Than this, which, within these few days. has
made so much noise in the newspaper world. We
verify believe that over 2,0o0 mcn--f, indeed,
20 nany-haye been mustered for this expedition;
and that, should they land in any part of Cuba,
they have not the least chance of creating even a
rufile upon the surface of society in that quarter
Their fate, If caught tand caught they mus, be) is
certain The Spanish government, in addition ts
large land force, has considerable naval force
in Cuba; the British fleet stationed at Jamaica,
American government has already given orders to
their West lndia squadron, us we have before in
imated, TO unite in The same purpose at the earliest
opportunity
A successful revolution of the people OF Cuba, on
their own account, and by their own motion, would
he hailed by the American people with gratiiica-
tion, sympathy and applause for it is principle
in this country, conceded by all, tha, any oppressed
rr,ple have The criminal ,f rprolufian IN rsa
up against their affairs, and, if they can, take
their oppressors in their own hands But this ex-
petition against Cuba does not present one single
feature calculated TO excite the sympathy of the
public, and accordingly we perceive, with very
few exceptions, uniform tone of condemnation
adopted by the American press, regarding it as
organized on wrong principles. and with bad mate
rias. The only end of it will be disaster and death
10 most, if not ALL of those engaged in it.
The invention Of banks and the circulation of a
paper currency, have aided and assisted, to a re-
maikable extent, the distribution of products and
the prosperity of communities. Yet, although the
banking principle may be noble invention of
modern times, it may be badly used and snfulIy
directed, TO the injury Of the community. As an
instance of such misdirection, we might point out
the examples recently presented in the financial
history Of this community, by the operations of the
late Jacksonville, Planield and Lehgii banks, all
Of which professed that they were founded on the
highest principles of honor and integrity, while
they were conducted as to cheat and defraud
the community in the end Revolutionary cxpedi-
tons protesting to be got up to hberate suffering
people, may also be the abuse of good principle,
carried on in the same way and by similar men
and We very much fear that the recent expedition
from New Orleans against Cuba, is merely an at
tempt TO revolutionizc that island the Plaineld
principle OF finance, namely to fill the pockets Of
the eontrivers, and cheat the community in Cuba.
buccaneers in banking and cheating at homo, often
become buccaneers the high seas after being
disappointed on shore.
We have no faith in the recent expedition to
Cuba. 1t will end in bloody hoax.
WALL STREET SorrMrs-AssuRAScE IN IysUR-
ANcE.-The schemers in Wall street have some
grand designs in the way Of insurance. The latest
one is decidedly rich in fun, if not in funds. They
have started company to insure the payment of |
notes and debts; and the whole matter is deemed !
70 valuable and feasible, that the commercial
newspapers, as they are sometimes called, by way
IT Observation-Disclosures might call them the bandtti
ournals-arc putting this remarkably benevolent
company, as worthy of the most unbounded con-
idence. Very good! Puff away--pay away. You
viii stop one Of these days; but not before we are
un down with innumerablc companies insuring
and assuring anything and everything, taking odds
against any and every chance that life and eircum-
stance can supply. Neat cattle are insured health
and life already; and, shortly, shall have
panies to insure to Old maids husbands, and TO
tesiy old bachelors wives with fortunes. Success
in suits Of law would form another excellent pro- |
vince for this species Of gambling. The chances Of |
being appointed TO official posts at Washington,
would be another field tor this Kind Of enterprise;
and the "doubly hazardous" game might be car
ried on with respect to conrmations by the Senate
In fact, there is end to the extent which these
insurance projects may bc carried. The brokers
IN Wall street might insure the whole whig or de-
mocratic party a; election, and thus make the |
expenses Of the unsuccessful one very light, or
nothing at all.
Then there is another field worthy of considera-
ton. A great quantity of bank and railroad stock
stands in a doubtful position. Shareholders, for a
sail sum, might be insured certain specific rca-
zaiions, according 10 the amount paid The Erie
stock might then find ready sale in the market, |
and many other kinds of stock, even that in the
clam banks ofJerscy. And, now we think oft we
would suggest that "The Assurance Of Divorce
Company should be started Immediately Mr.
Forrest might be induced TO take general share,
or a good many shares, in such scheme, and
there are many others who would willingly hold
some Of the stock. while the holders of policies
might be without number. company 10 insure
burglars and piclpockets, also. would form another
useful institution, that would have a high moral
effect, and do more towards diminishing crime
than all the schemes of philanthropy.
In truth. there is no end TO this insurance busi-
ness; and Il debts can I've secured we can insure
ahyihnc-ihe circulation Of a newspaper, a long
life 10 an old coat, the annexation Of Cuba or the
purity and permanence Of the Galphin cabinet.
INSTRUMENTATION the las, ten days, twenty
thousand immigrants have arrived in thi. city