The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-01-19

W. VlISw4U % Auo OWu uumUoEb bOmo oyVUU Inn&Uu
anss, and b we'll supplied with ohurohss schools, one
Newspaper, and one hotel, kept by substantial looking
gentleman named BenI Pierce, relative OF President
Pierce His hotel u called The Union" and IL the resort
Of principal qad ~~cs who there discuss the gossip Of
tho day Tho populauoa, e. cass is above the ordna
ry run for Intelligence and devotion 10 tho Union
Some Of the best sailors Who fought and CON
quered In the American squadrons hailed from Marble
head Every son Of Narblehead ubibes patriotism aud
independence with his mothers milk, and no also labors
70 love and to entertain regard for all womsnkind,
from tho early and agreeable associations connected with
female society In his iron. bound home. Tho Of
this place feature In It's history and existence They
mould the youth and form him for deeds Of manhood.
There v, therefore, no milk and water about Marble
head boy goes abroad upon - world OF waters the
world OF continents 70 livelihood. hsherman on
the Grand Banks in his frau bark he is the making OF
andsman bis honesty Is above question, his industry
unsurpassed and his patriotism unquessoned and un'
0 ie years The fishing interest has mot been 90 sue
oessful n Marblehead Is formerly The consequence v,
some Of the young men adopt other professions Some
patton las unu %Ss Sn
IN nearly al the towns In this part OF Massachusetts,
viz: shcemating Many noble American ssilor, maybe,
degned 70 have y0d the quarter deck has been lost
amid wax ends and ladies' gAitsrs the shoemAkers
bench. But here the natural acuteness Of the Yankee
other topics. They take the papers, scan everything
are a. we or better posted up the events Is
many Of the city people 20 happens TIA. the mos. o.
Of New England, are flaming abolition or republican
sheets ana requires small degree Of armness and
views A large circulation OF such papers tho New
York HERALD in this and other places in this region would
vastly @" ,nS tone OF TIC politics.
backs the national OF this staunch o0 town have to
noouner they have enough spunk To fight the blacks
with vgor and tho luck 10 beat them In some Of their
local Ten thousand copies Of the HERALD should
be circulated daily among just such people IS the Usher
mort Sc why is il that this cannot DO doneY Il would
be worth moro for peace than ten thousand sodiers
Would fugitive slave DO carried back to the South
from town like this would the stay Of Southerner
with his servants be permitted without disturbAnces
Let the following incident answer Some une since
party OF gentlemen leit salem about six miles distant for
Guard was about eleven O'Clock at night Tho vehicle
was driven by OF the whites coered men in Salem
adjacent parts. They arrived at Marbehead about
twelve O'Clock at midnight and Of the party being
strangers II was for lark given out that among the
u n save en
bred man kept respectful distance, did not attempt TO
mipge or fisternze with the party distinguished
sion, and everything passed Off bona fde South
erner mad had the confidence TO carry slave into
arbehead Shortly after this our friend had occasion
again TO visit this town. and in conversation with OF
the young ladies present at the ba-One Of the bellies Of
the evenDgasked her she knew that the person repre-
scented to be bondman was not sothat the whole thing
was hoax "To be did," she replied with ener
gy, or you would not have got out Of that ballroom
alive" Our friend says when be dances with that Mar
bchead lady again he will that c0.oed pussuns
around.
OUR SPECIAL BOSTON CORRESPONDENCE.
BosroN, Jan. II, 1860.
The South Sending 7Aer Drafts Nors-Orer Tco Hundred
and thirty eight thousand Dollars in Coin braun Out Of
Boston Banks in One Duy-Squlmin0 Of the Banks, &C.
Official returns by the banks in the Clearing House OF
the amount Of coin held by them this day anuary 17
show aggregate loss Of $23S 500 within the twenty
four hours. This the heaviest falling OF in the amount
of specie in vault in day that banks have expe
renced for years. reduces the aggregate 70 81 3oo
but little than the fifteen per cent which the Law
requires the banks should retain account OF their cir
culaton deposits. &c. although the average may show
that each bank has the required amount over.
This large sum- fortunately does not 60 out Of the
country. II ia sent south and west-princpally
Southn response to the drafts usually drawn on tho
North this time The cotton growers Of the South are
calling for the cash that In due them and although the
ments OF their heavy drafts may occasion temporary
strugency In money Market account OF the banks
curtapg their loans yet there 10 doubt every dollar
viii be promptly paid In cash, and that the specie line
will not fall far below the legal standard But to be
hoped that such heavy hauls upon precious metals,
the basis of all trade and commerce. and public credit
will continue many days In succession else there may
be heap Of trouble thrown the shoulders of Boston
fnancers The most Of the specie thus drawn from
ing further.