davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03
The Money Panic.

~ THE EDITOR OF THE HERALD.
In an article contributed to Jour paper, headed
1.-The Money Panic" on the os.A ut., the writer at
tributes the pressure in the money market. ard all
the evils and difficulties ensuing .nerefrom to the
heading Of specie. Statistics are given to show
thst lsrgc amour. of gold has BEEN retained ia
this country since 1s4s. AS the banks do lot sho
very great increase Of It, til, writer infers that it
must be distributed throughout the country-locked
up in private strong boxes-stowed away In chin
Eey cornsrs-- buried in reiied garden corners, or
deep in the pockets Of those who " never pay out
anything but geld" Ali who have done this are
he'd up as the cause Of the present disastrous state
OF sfairs, and every man, woman and child Is urged
to rush 10 some bank ard exchange their coin for
paper. mile Dnium in the money market is there
upon prophesisd, and we are assured that at all
events, the experiment win be cheap and harm
less one."
The writer's views may seem well In theory,
but they viii not answer when put in practice
The plan proposed is 70 experiment. We have
been trying it for the past ten years, and the
present times prove it to be spythng bat cheap
and harmless one. Every man. woman and child
In the country have underworld to outrun each ether
in tie rae to give their gold and silver, their
wheat and iron, their calicccs, machinery and a.
Dor, In exchan Sc for paper money; and behold the
rcsul' Is there any lack Of paper money in the
present Crisis The unfortunate victims In O 10,
Indiana, ard elsewhere can reply. should not
like - advise one of them who has saysd some coin,
10 the general week OF his pocket book, to rush TO
bank ard exchange II for mere paper.
We have been flooded ard suyfeitod with paper
we have but houses ard railroads with 1.-THE far
mer has parted with bis grain fer e.; the planter
with lis cotton the kon master with dis iron the
merchant " it'll his goods, and the needle woman
has toiled principally for it, Real values have been
given; and what have we to show2 The HERALDrc
MARKS, n late able money article: "Au immense
amount has been invested in something and people
that something is;" and Repeat where b ths reprs-
ssntve o. al this wealth. The vaults oe our capital
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

~, mAnu5Actufen, SD merssauts. and TIE pockets
fths people. ore we'll suu slied Wth hsadsomsy On.
Gyavsd securities; and yet We have failures every
pa: s osss ~ .ss Il . %
The writer says that II his plan we're adopted
IN abundance Of money would immediately be the
s o. foa In ss
this by . few 6gurss. On October 22d. 1853, tbs
specie In the New York city banks was $40 500 900,
and the loans 1t the same return, $85 800 900.
Money = that time wss close, bat vas 70 re hsd 70
meet all necessities; there WAS no great pressure,
and few failures. At the last return Of the same
banks the specie fund was $40 200 900, and the de-
fciency In loans s. $50 900. Does any one believe
that this dsaoie5 o has produced the scarcity o.
money to two and three per cent, and caused fall,
uTes among houses which were considered strongg
1t 10 not the want Of gold which has been the cause
and the abundance OF gold would afford NO ready
The present pressure is no panic-it is an actual,
tangible substance. Papers cay that II people
would show more "bsckb0ne," IL would cease TO
be; but there 10 unfortunately no backbone" TO
show; and my impression Is that we have not yot
passed through the worst. / am no alarmist, nor
have any interest in getting up panic; but 1t Is
way to cure sick man to assure him taat there Is
nothing really the matter with him, and that all he
needs to make him well s to believe that he is 80
The whole system Is diseased, and demands tho
rough purging. Il demands o thorough purg.
ing Of free banks and free speculators; Of
stock jcbbing coal and mining companies,
and fancy railroad companiss Of Spectators In
public lands and publis purses; OF detaulters, now
trembling in their uneasy PLACES, and Of whom we
have not yet seen tie ends of merchants, who trade
in public by the signs over their doors, and pri-
vately invest the capital upon which the public
gives them dit In water lots In the West copper
stocks in the North and South, and pine forests
everywhere; Of individuals whose incQmss have
been ten or wenty Thousand dollars and their pri-
vste expenses twenty and forty thousand dollars
per annum, who rent dwellings aud stores at five
thousand dollars per annum, and pay three per cent
per month for the money to pay for them.
When all this is accomplished-as it surely must
be- ther and not TIL then, can we hope for perma
nent relief and the return to natural and healthy
state Of AFFAIR." The last few years have been called
good tint 3. but, correctly viewed. they have been
anything bat good, for just as surely IS excess
briggs disease, 80 does extravaganza bring ruin.
We have squar dered the gifts Of bountful Provi-
1ence, and wasted the substance which should have
been saved for day of need, and nov suffer when
we might have had ease. j. II. S.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

EARTHQUAKE IN viRGIYIA.-The razowe Couu-
ty Adppcoie states that the 22d ultimo about
four T.. NJ, slight shock OF earthquake was felt
In several parts Of farewell county, and probably ex
tended over the whole though not sufficiently powerful
TO arrest attention everywhere Some hands engaged
repairing the Cumberland Gap road felt II sensbly
70 b. thrown into considerable CONSERVATION few
persons about town we're also aware Of it,
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

Refore Hon. ID. T. lngraham First judge and Judge
Woodruff.
DEC 2-JomeS ". richards, Receircr, &C., Thomas
u. Alles-lngraham f. J. Although personal property
is sold ostensbly under dormant execution while so
Their execution is in the hands of the sheriff. such sale
not void but good title to the purchaser and the
plaintiff in such void execution cannot afterwards treat
the sale void under the dormant execution but
apply by motion for the proceeds.
Ely rs. Csyrsley.-Judgmcnt set aside, and report
opened and referred back either party to be at L.
bery to give additional proof Costs abide the event
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03
Supreme Court-special Term.

Dc 2-yaliG f. Thomas rs. Charles Thomas-Rcport
confirmed, and order for alimony accordingly.
In the matter IF the application Of Cyrus Frost and
VIM, =. Roy.-Motion 10 set aside the election Of de-
PENDANTS as Trustees of ST. James Church denied.
Jane Slocsnt Jas. Scrbner and otheTs-Report
frmed and order for payment accordingly.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03


Asothcr Interesting table which am tod will
appear The Treasnrsrs report is the total loss of
the United States BY banks and ficia defsulters.
II this subject is gone into in de sil IL viii make an
attractive item in this report. The loss the gov
eminent viii probably be found great enough on the
part Of Gust m house dEfarliers to justify the
Treasurer in opening a regular account of loss aad
gain in the revenues.
There axe all sorts Of runora flying about at pre-
sfnt bit they al beot to that class watch should
ever bs received vi Id much distruss, inasmuch as
they Gems from politicians. S,me win have it that
ot1eIs 'bnown tina. this will not be the case.
Scme OF tho newspapers, l noisa, taking
thee by the foreiock have propheciei the dismissal,
OF taye peblehed uucer cabinet AID court istea-
iiona, i1s eobIem tlae1 or rumored dismissal OF
both thee ministers; but upon tlking their sober
ccre thought o. the matter they uheei their tone
'Iieh. tbsu',N ard taiok 9Th &c ruIaors not well
fouudse." TAoge il no danger CT the dismissal Of
eiiney. Spain is COZ ciliatoIy, and anxious for
seitl, snt II ain oct any cost short of Cuba and,
rIompteg by this spigit has proposed to SIR. soali
10 settle the Cnba question hy IN umpire whose De.
cifior q all he binding on ho'h governments. Mr..
Marcy So ordered Mr. Soule t. Iej sct this and any
such proposition. He saw the cunniag Of TIE fox il
this Diplomacy, perhsps, and it being 30 pal pablo
that tie object Of Spain in the anair vas to stays
ofthe whole question till more favorable tines toe
Pfer,isr vas induced to return the perempt 5ry aud
quick DEL isl that he did. NELLR.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

Bark Live Yankee ct SEA- Francisco eth an hon PhAs'
dsphia va Juaa Fernandez 20 Gays 70 Cape Hsra u
the Hera experienced tive gales started deck
consisting Of earbeys Passed the equator Oct Ion
For the last . days had Hight NV winds Was days olss
hauled the wind Cape Hon- Had been IS days with
four days sail Of SaA Rrsneiseo.
Ship Grace DARING 81 do 7th ult from Boston, day
70 Cape Horn With weather Crossed equator Dc
lon 1l6 from thence had light NNW wind. Aug a. In II
Tying jfhboom
Ship Climax at do sth ult FROM New York Arossi
Caps Horn In hns weather Crossed The equator lei
ana expsre.ced light northery Winds most Of the tin
AFTER. had royals ~ after leaving Cape Horn.
bottle thrown overheard 18th November 1855 In lat
lon ~ ~ from the bark Aunt NARY Capt Joshua Pas
Couna IRON Bombay 70 London vas picked mp the ~
y ~ lon g as The paper fousdin IL was dives e be
the American Consul through whom IL Forwarded d
Lieut. Maury The eruss Of this bottle in straight LIN
was about four thousand miles, and Il Affords u
tration Of the route which the equstora Al
iantic take in their general channsls ~ circulation
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

iuttecrTs 1f@Sf 500 ue@.. ~
Making the aggregate increase fer the past year
2,736 members.
The number Of Sabbath schools In the bounds OF
the conferences d, 293; teachers, 1856; supcrinsend
erts, L ,444; children, 16,207. This report of chill.
dren Goes not embrace those on the nisicns to the
csored people.
:. Rev: William II. Eaton, Of the Second Baptist
Church in Salem. Mass, closed his abors with the
church and society on Sunday last
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

VIRGINIA SrAru CONVECTION The Democratic
State Convention Of Virginia. for the nomination OF state
officers assembled yesterday In staunton.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03

Herald Marine C0rre0pondenoe,
EDGARTOWN. Nov 36-Sld sehrs h Laytsp Coas III
York foF Portsmouth 9Th Entlsm Cleveland, hysnsi
In Port 50th Pm, schrs Layton Josiah yex ard a.
other, unknown. No arrivals this day Wind WNW IN
blowing froeh.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-03
STATEMENT or NEW VESSELS BUILT IN THE FOLLOW
iNG CITIES DUAISG THE YEAR 1854,

foTAL TcNNAGg or THE UNITED STATES FOR THE
YEAR ENDING BOTH JUNE, 1854
REGISTERED TONNAGE Total Tonnage.
Registered vessels employed in foreign trade
30th June, 1854. .........~ :, 3.3 S19
ENROLLED AND SMALLER VESSELS.
Enrolled vessels employed in the coast
ing trade 3Uth june 1854. .......... 2.2I3 300
smaller vessels under 20 tons. ........ 45,214
---.,322, III
Enrolled vessels employed in the cod
fishery. ACKNOWLEDGEMENTS. l02, 1874
10. do. do mackerel do. 3Jotl
smaller wee sells under 20 tons in esd do 9T35
1i6 n65
Registered tonnage in the whale fisheries 49, o0t
no. 10. do. steam navigation. !. o. O36
Ia oiled tonnage in steam navigation. 5s15T7
Smyrna times., 1854-08-30

tarry long at the wine.'' But these are not
their only woes, for what can be more pitiable
than man given up to severity of his. own re-
proaches on account of his excuses, and of the
evil consequences, which he cannot help, fow-
ing from them! What peace of mind can such
a man enjoy? And, worn out with intemper-
ance and disease, incapable any longer to relish
the boon companion and the circlng glass
deserted by his summer friends-unsupporte
by any inward consolation-how peevish, how
pitiable, how deplOraby wretched must be the
decline of such a mans life Yet, neither IS
this the worst for all who are unhappily con-
nected with such one must, i'll a measure, also
feel his evils, and be deprived of peace. Who
can paint in colors sufficiently affecting the
distressful situation of tender wife, and the
affectiOnate family! The affected wife waiting
with anxious sorrow, and thousand reasonable
and foreboding apprehensions, the return Of a
husband deformed with intemperance; and
bringing to his home, not the cheerful endear-
ments of the father, the husband, the compan-
ion, the friend, but the foul, the litgious the
stupid debasement of the brute o shame to
human nature, to virtue, to tendernessa and love
And it is thus men destroy the sweetness OF
domestic felicity, and drive themselves from
the enjoyment of that best earthly paradise
their home!
Smyrna times., 1854-08-30

PRoFUsIoN OF LIFE IN THE OcEAN-Not
shell or a stone is brought up, but is thronged
with living beings. Every branch of weed
gives shelter to multitudes of creatures-some
temporary dodgers, some permanent residents.
Life is parasitic upon life. The Surp,la builds
its stony case on the abode of the shell-fish,
and the delicate lace-work of the moss coral
overspreads the surpula. Over the stem ofthe
sea-weed creeps the graceful plumes of the
zoophyte spring. These, again, are thckly
invested by the pretty cells of many smaller
species; and they, in turn, minute as they are,
often bear In profusion the curious forms of
microscopic animalcules. Let US take stone
from the heap that is lying in our boat. 1t is
perfect museum in ITSELF 1t is richly colored
in parts by the nulLipore-one of the lowest
forms of vegetable life, which does for the
scenery of the ocean what the moss and lichen
do for the scenery of the upper world. Here
is q circular cluster of cells, "lookine like
beautiful lacework carved in ivory;' here a
little saucer of the purest whitenes, containing
within it number ofstony tubes, the habitation
of whole company oftiny polyples. A sponge
overgrows one portion of the stone, itself the
home Of many living thing; a sea anemone
! has possession of another. The little encrinte
is present, and near it q small star-fish. There
are worms, too, in plenty, and more oflife and
beauty besids than we have space to describe.
1t is pleasant to think of the amount of happy
existence which single stone may support.
The forms to which we have chiefly referred
are visible TO the unassisted eye but as Hum
bolt remarks, {" the application of the micro
scope increases in a most striking manner our
impression of the rich luxuriance of animal
life in the ocean, and reveals to the astonished
senses a consciousness of the universally OF
being.''-Er.
Smyrna times., 1854-08-30
The California Snake Bird,

Alexandria 8. Taylor, of Monterey, in his
"Familiar Sketches of the Natural History of
California" says, that in the coast counties of
Southern California there exists a singular spe-
cies OF bird, generally called, on account of his
we'll known mortal aversion to all members of
the snake tribe, the "snake bird" 1t is not
a bird of prey, but lives entirely on grain, like
the gallinacia. When full grown, it measures
two feet from the end of his tail 10 the tip of
its beak. The tail has four or five long feath-
ers tipped with white. lis feet are furnished
with four toes, two in front and two behind,
and all are guarded with sharp, needle-ike
claws. The color of the bird is a mottled,
yellowsh gray, and it rarely attains the weight
of pound. Its beak is two md a half inches
long, and very hard and sharp.
When the bird finds rattesnake-and rat
tlesnakes are to be foud in great numbers in
Southern California, wherever the ground is
covered by the cactus plant-it Immediately
proceeds, with the greatest caution and des-
patch, to gather the fallen cactus fruit and dry
lobes, and quietly enclose him in to the hight of
a foot or more-the spikes and spnes of the
plant, strong and sharp as needles, serving as
lnsurmountable barrier to the escape of the
snake. This being accomplished, the bird gath
ers with its feet and claws the young cones of
the pne which are as hard and as heavy as
stones, and lowering over its enemy, lets them
! fall, one by one, from a hight of FIVE or six
! feet, upon the lnfurated viper, who, surround
ed by prckles and points wherever he turns,
is soon fully aroused to the danger of his posi-
tion. The bird with malicious screams, con-
tinues to drop cone after cone, until his foe is
exhausted, and than picks the snake to death
with its iron beak
Smyrna times., 1854-08-30

The REVOLUTION IN SPAIN.-The latest adj
vices from Spain are highly interesting con-
firming, as they do, the complete triumph of
the revolutionists. Order has been restored,
not only at Madrid, but in all sections of the
kingdom. The Queen had accepted the con-
ditions exacted by Espartero and her arrival
at the capital was daily looked far. What will
be the character of the reception she will meet
remains to be seen. In advance of this move
ment, the Queen has issued to her subjects, in
which the uiual amount of diplomacy and
duplicity is mingled with the most abiect
STOPPING to the revolutionists If the consti-
tutional party, under Espartero, depend upon
royal promises than rough blows, their efforts
will be crowned with no permanet consequences
beneficial to the people. The present Queen
of Spain is naturally all intrigueress. All the
acts of her life, both Of a public and private
nature, prove this fact. Neither will she hesi-
tate to depart from the truth to suit her purpose
Witness the falsehoOd, invented By her self,
for the purpose of driving NJ. Olozaga from
power, in the declaration that she made that
he had used personal violence to compel her
to sign the decree for the dissolution of the
Cortes. With such a monarch no promises or
pledges we'll be binding. If then, the revo-
lutionists under Espartero wish to derive any
substantial benefit from the revolution, upon
the tide of which they have been swept into
power, they should be satisfied with nothing hut
the entire abdcation of the Queen in favor of
her daughter. With Espartero at the head of
constitutional form of government, the people
may expect some ameloration in their condition
but from the Queen, with all her promises, no.
thing can be hoped. 7
Smyrna times., 1854-08-30
Written for the Smyr ma Times.
IN T MP ERAM d h.
BY DIDYMUs.

WHAT brand doth this vice fix upon the
reputation Have you not, my Gear friends,
the utmost adherence of man whose charac-
ter is that OF glutton or a drunka ard! A cha
racter like this must necessarily De desplsed;
for who wIll-who can repose amy confidence
in such persons, especially where secrecy is
concerned! Who knows not that they who
are guilty of this vice are dispos ed to various
crimes, and preparing for the greatest; for
when mems reason is lost, of what are they
not capable? Who knows not that they who
practice the vilest crimes-robbers, murders
and other such public offenders, G enerally heat
and prepare themselves, by excess of drinking,
| for the perpetration of their guilt finding it
often necessary to make themselves mad, before
they can have hardness to commit their fiagi-
! tious enormities--to a fellowship wherein the
unwary are frequently drawn by an association
with them in their Incorporate drinkings and
excess. But, further, where persons are not
led to such gross evils, who knows not how
despicable mer become by this vice, in the sight
of all sober people? Who knows not what
WFetcieu anu SOAleihPloiS sagutT ehey MAKE
with stupid staring eyes, and mudd!ed ccunten
ance; SO contemplate, that could druSkart
once himself in that situation, he could no
fail Zone would imagine)to despise himself ant
to avoid, as scorpion, the excess which so dis
guises, degrades, destroys all the rational il
him,--could he, 100, at the same time, hear tn
absurd, the weak, the offensive, the LEVIED, tn
a immoral and profane follies which fall from hi
e stammering tongue, he would forswear vic,
IS which, beyond all others, unmans and expose
e to scorn. Letme observe again that not only tn
d health, the fortune, the reputation, the chast
t. ty, but all the peace Of that mans mind mn
: necessarily be destroyed, who Is q slave to til
l. vice. Even in the more joyful hours, contei
ir tion and qurrels are apt to arise; for who ha
= woe, who hath sorrow, who hath contentio
es who hath babblings, who hath wounds witho
E, cause, who hath rsdness of eyes l--they th
Smyrna times., 1854-08-30

or Edgar, with whom, in other days, you had
intelligent, profitable converse, and enjoyed the
gay, glad song. Your attention is attracted to
letter you recognise the well-known super
scription and call to mind the very evening the
epstle was received. You recollect how quick
ly your hand explored every pocket in quest of
a stray copper, which you threw at the post-boy
and eagerly seized the welcome document
You open and read Qhe hundretth tme) the
language Of true, disnterested friendship,wrt-
tea when you We're separated from that kindred
spirlt for short tme You inspect closely the
careless flourish of each capital and the pecu-
Lar cross-line of each t. Though hastily exc
cuted, how beautiful it looks! vhstly superior
to the systematic characters of less es eemed
fellow sophemore of whom you have long since
lost sight. You fold the letter with reverent
caretulness and replace it in its receptacle. A
deep-drawn sigh cOnvulses your breast: it is a
sigh of loneliness. You glance at your present
catalogue of acquaintances-there are none
you esteem as you did the one who has passed
| to
-"that undiscovered country,
From whose bourne no traveller returns"
You wonder if his vacancy could be filled by
another, and detect yourself repeating the
lines:
"Oh love to feel thy presence,
Like dream within my heart,
And to know that though thou'rt absent
We do not dwell apart"
You feel an inexpressible weight upon your
heart: burden, heavy-heavy-he Per-
haps it is a ponderous load of tears You think
it is-aye, you know it is but tn en- you are a
man--consequentlym must not pour out your an
guish so there the unshed food lies, to press
and depress, until you desert the ideal world
and mingle in the heterogeneous kcenesOf real
life, among the matter-ot-tdct box es and bales
at your storehouse, or dabble i'll the ink at youl
little, cobwebby Office.
Such is life. But it matters not how poIg
nant your grief or how deporable your caiaml
ty, dear reader-be assured, be a ssured, there
are others-many others, who, you will discover
are ready to evince motions of unass sumed sympa
thy. Misery in her search for company is no
long unsuccessful, and when af1lctlon meets
+, reciprocal heart, her hapless condition is ame
} liorated, and half her wo is vanquIshed.
? have culled you boquet of ViPlets, Colum
bine, Locust and Myrtle, which might hav
been larger and possibly more trag rant, had no
! Lucy Roberts, a wild, romping scrap of fitteei
sunny summers, thrust her round, mischIevou
: head into my sanctum and said f. Come day
dreamer, descend from heaven-aspiring vision
and mingle among terrestrial angels awhile
e We're going to have home-cond dert, sort {
domestic sOiree, you know, and Kate require
: your assistance, or rather, mean your audi
e ence."
n Iwiped my pen and thinking of the apothegn
g "There are shadows as we'll as lights, CLOUD
e as we'll as sunshine, thorns as W ell as rose
: but much happiness after ALL" l placed Lucy
Il arm in mine and descended to the parlor.
J Philadelphia, Aug. 81, 1854.
Smyrna times., 1854-08-30

us and faculties to Job! Did wisdom Gin fact)
die with him
1 make no pr9tensions to learning-I appeal
to you, Mr.. President, the representative of
the republic of letters,' and | conjure you to
look to this matter, it's subject worth your
consideration.
Loud applause.
Smyrna times., 1854-08-30

A Coon JoKE.--Two females escaped from
the Jail at Rome, few nights since. In the
morning constable was despatched after them.
On the way he overlook two "young ladies,
who asked him for a ride, and CALAMITY took
them in his vehicle and carried them to Utica
1t turned out that they were the girls he wat
after! But he didn't know it.