The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1854-12-27


-CAeueland Herald
Correspondence Of the Ashland Union.l .
FROM NEW YORK.
New York, Dec. 25, 1854.
The Weather and a Fe1o Dolorous Re
mdrks.-Failurc gthe Central Bank.
-MySteriouS Observation-Disclosures
and Observation-Disclosures &c, DC.
: After q ride of two hundred miles
through uninterrupted snow-banks, one
is rather surprised to find himself prom
enading dry flags and cobble-stones in
New York. The city is innocent Of
snow. Yet the weather ws-haEe here is
dispiriting enough, rainy, foggy, true
London weather. The sun has forsaken
Us, for the seat of war, or some other
centre of interest. Coming from cheer
full fresides of Yankeedom, where nuts
are cracked, and apples eaten, one is
struck by the careworn, anxious express
sion which sits ID all the old familiar
faces,n from the Wall st. banker to the
Fulton Ferry apple-woman. The oounte-
nances of business men are "signs of the
times, betokening bankruptcy famine,
and all such direful visions. Therefore
the city is doleful though Fashion
spreads her peacock tail no less superbly
than of old. Among the poor there is,
and will be, through the winter, a great
deal of suffering. It is difficult to OBJ
tain employment, and many are thrown
out of occupation by the reverses of en-
ployers. The benevolent societies of
this and the adjoining cities are laboring
faithfully to improve the condition of the
various classes of poor whom they have
taken in charge. The Female employ
ment Society of Brooklyn, is afording
the means of support to many INDECENT
seamstresses, by enabling them to dis
pose of their work at remuneration
prices. One would think from the
dolorous outcry, that We were all in
danger Of starvation. Everybody is
frightened, But while fishes swim the
water and cattle walk the land, the great
man of the metropolis shall be filled.
In connection with this m~clancholic
train of observations, we may appropri-
ately speak of the recent failure of the
Central Bank of this city. This Bank
was broken by an arbitrary action of the
Clearing House." which Institution, in
fact possesses the power of breaking
almost any 6amkin the city, if it choose
to try. The Gleraing House operates in
this way. Each city Bank receives daily
from its deposftors, checks upon and notes
of the different banks. A messenger
from each bank meets at leA. NJ, at
the Clearing House, the next day, and
exchange checks and notes at IL NJ,
the banks meet again, and balances
against them. If this balance is not
paid by two P. M, it is reclaimed and
the bank suspended from the privileges
of the Institution. The Central Bank
did not conform to their rule, and was
suspended accordingly. The suspension
was followed by a rush of note-holders
and depositors, which would be fatal to
almost any Bank in the city. The bal
ances however, were paid at 3 P. NJ. On
Wednesday, the bank was closed, but
the directors intimate a possibility its
reopening on Monday. This Bank, as
we'll as the Empire City, viii probably
be obliged to wind up its affairs. Its
circulation is we'll seeured-but the de-
positors maylose something.
Enough of bankruptcy and starYa-
tom The topic of absorbing interest
is the War, the extensive detail of
which, furnished by English papers,
bring the battle field almost before our
eyes. The prospect of a rupture be-
tween the Allied and German Powers,
and consequently, of new revolutionary
outbursts In Europe, produces consider
able excitement among the exiied patriots
in this city, and they are probably hold
ing themselves In readiness for any OPP
portunity. There are republican secret
societies of French, Germans, Poles,
Hungarians and italians, no one knows
what combustibles and explosives may
be piled up, waiting for the match
Singular advertisements appear now and
then in the dailies, which read like the
rawlings of an idiot. They are said to
be cipher-communications, Ineligible
only to the refugees. What episodes
of romantic histories might be written
out from some of the advertisements in
our vehicles of commercial intelligence,
as they lire wedged in between notifca-
tions of soap, hats, fddlesticks, and all
the humbug of Vanity. Fair. Lost
friends, found fortunes, disconnected
words which have a deep meaning for
two eyes out of fifty thousand that read
theml Awonderful thing, indeed, is a
newspaper.
The murderer, Tusker formrly, editor
of the Brooklyn Advertiser, is now on
trial. Probably he will escape on plea
of insanity. He was no doubt, mad
with drink, when he murdered his help
less family, but it is doubtful whether
constitutional insanity can be proved.
Human life is one of the commodities
that seems to cheaper daily. Men are
hewn down daily in our streets like cat
tie, by the axe, or the deadly bowie dirk
steals silently to their hearts, and we
are growing hardened and insensible to
slaughter and death. Those terrible
details of the Alma have not tended to
make US less SO. "And oh ! that bread
should be so dear. Andflesh and blood
' en- choaDB CT nVP