The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-03-13
n O n z Y M "A RK EFT.

| SATURDAY, March lZ-6 +. III.
There were no new Developments in Wall street to-
day. The stock market continues quiet and without
material variation in prices. 1t appears impossible
| to get up any excitement of favorable character.
The bulls have as much they do to carry what
stocks they have, without taking any more, and the
bears are delivering pretty fast. This tends to the
| embarrassment of those receiving stock and keeps
prices in check. Several OF the small mining stocks
were sold to-day, at prices considerably below those
previously current. 1t is the prevailing impression
in the street that next week will bring another de-
probation in all the leading lancies.
At the second board the market was better
throughout and prices generally improved. 1t will
be that most of the transactions were for cash.
which is indication that the bears are purchasing
largely for delivery. This creates greater demand
than would otherwise exist but it. fills up the bulls
with stocks and ultimately they will be obliged to
put them the market when there may be no
buyers.
The Reading Railroad brought down last week
2l003 tons of coal previously this year 244 ,269-
total, 2G6,262 tons Same time last year, 2s9, 29S
tons.
The receipts at the Office of the Assistant Treasurer
of this port, today, amounted to s1O5 496 80 pay.
ments, s96,739 54-balance, 20 ,194,ON 10.
The following communication corrects mistake:--
TO THE EDITOR or TIE NEW YORK HERALD.
The that the Bank OF North America of seymour,
Conn. has been in difficulty Is wholly without founda
ton The Eark has received assistance from one and
is amply able TO protect itself Its bills viii be regularly
counter, as heretofore GEORGE + D. FORREST T"A
NEW YORK, March II 1858
The Natche. Courier, in relation to the late deci.
sion Of Chancellor Scott that the five millions bonds
issued by Mississippi arc constitutional, says -
The rcpudiaing ajors Mississippi have always de-
Tended themselves against the charge Of dishonesty by
alleging the unconsttatoualty of these bonds and the
absence of any legal liability Of the state to pay hem
They have pointed the courts of Justice open to the
bondhodes as proof that Mississippi stood upon right
and upon might and that she but acted any midi
ydua would do who refused to paw what he considered
10 b. unjust clam Tie hercest regulators have ge
morally Acknowledged that it but indirect mode
Of robbery ter party who could pay to refuse to pay
just legal aud constitutional debt The justice, legality
AID constitutional conor atty Of these bonds all do
MED and formed their JUST cation for reputation
a creditor, Il appears, hes taken these obectors at
their word and sued the ssote upon one Of these bonds
SOW past DUE Nov, ask every candid MANS IL not
Just and right That these 70 whom We the people, have
inrusted the ao udcaton Of own laws should decide
the point thus raised upon IT. legal and constitutional
merits alone Politically the people have repudiated
the bonds because they sad the bonds invalid and
unconstitutional The courts Of justice opened for
the judicial determination Of the question. Those
courts have entered by those We ourselves invited
to come in. Now, let the matter be determined jucaly
with directed only TO the question OF the legality
and censtuonality OF those bondscareully excluding
everything that refers to the past political decision
matter. This IL fair this i just 1t Il no more
an honest As political question II has been decided
legal sud judicial grounds alone Justice will be DONE
done to the stae--done to the people--done to the
creditors
The Judges Of high character, Of distinguished
legal abilities they Mssi.sppans and cannot but
feel little Of tho influence already naturally exerted
by the fact Of such political decision has been made.
Their bias cannot be against the state, If their decision
confirms the popular determine ion already expressed
II II puts end 70 az the apcrsons upon tho
state FOR Ne past action ~ indicates tho action Of the
people and ~ man can hercfer aught upon the sub
cct " he judicial decision be adverse to the State, IL
csnnot be forgotten that the tribunal o appoint
meat, The Judges OF selection the ia dtaar to
test liz matter ieiore them Of own giving and tho