The New York Herald Newspaper, August 21, 1843, Page 2

Op All letters on business with this office, ditor and proprietor of the Néw York Herald. Inisd Rerzat.—In the ample account which we published of the news brought by the Hibernia, we save sufficient to indicate the state of Ireland in re: gard to the Repeal of the Legislative Union enough toexcite forebodings for the future, and the calm determination of the Irish people, as con- tradistinguished from evanescent excitability, speaks of the prevalence of a spirit which will ultimately accomplish the objects contemplated ‘The sympathy and the pecuniary assistance of to- reigners, too, will be potent in its effect, and both in Ireland and in England operate alke cn the op. pressed end on the oppressor. America has done much to cheer the epirit of the Kepealer, and to strengthen his calm confidence in the future — France, too, has spoken across the British channel in a voice which wiil resound through the Briush Isles, awekening terrors in England and inspiring hope in Erin’s green isle. Frenchmen are open in heir espousal of the cause of Ireland, aad they fete the dawning ot liberty in that land without conceal- ment of their object. We have an account of a dinner given in Paris nominally to celebrate the anniversary of the taking of the Bastile, but, in reality, to express sympathy in favor of the Irish movement, at Le. Marday’s re- stauraat, inthe Rue Richlieu. The dinner was at- tended by about 150 persons, composed of members of the extreme gauche, editors ot the radical press, deputies from the twelve arrondissements, and commanders of the national guard, and sentiments were there uttered,and a feeling there exhibited,and proceedings there witnessed which are worthy of secial observation. The report to which we al- ude, says :— M. Ledro Rollin drank to * Ireland the oppree- a,” and “ to France, the enemy of all oppression ” he toast was received with great applause. M. Rollin addressed the company, and expatiated on tue oppression of Ireland, its patriots and its mar- spoke of the accents of republicanism, which addressed their sympathies from America, and cal- Jed on them net to let the appeal be ia vain. M. Rollin concluded as follows :— “Let an extensive subscription be opened throughout the whole of France ; let the mite of the poor man be ad- ded to the large offering of the rieh, and let an abundant supply be paid into the fund of the Repeal to suppore that great politician, that powerful orator of Ireland, to main- tain him in the calm and defensive position which he has taken up—(Cheers.) Let England also know that, if ‘0 overcome legitimate rights by violent and 7 res, France is rvady to lend an oppressed peopie, in their decisive struggle, experienced heads, re- solute hearts, and sturdy arms. (Cheers.) Let her re- member that the same causes led to the independence of the new world, and that her children, simple citizens, courageous volunteers, won at the sword’s point that li- berty which they mamtain, and which, I trust, they will maintain to the world’s end. (Cheers.) ’ When the applause created by this speech had subsided, the meeting resolved unanimously to open & subscription in favour of Repeal, and to call on the several provinces to join in that subscription. It was also proposed and adopted, that armed volun- teer assistance should be offered in case of need to the movement party in Ireland. And, finally, it was decided that M. Ledru Roilin should proceed, as soon as the sittings of the law courts are termina: ted, with the amount of the subscriptions to Dublin, and to tender to the advocates of repeal, the sym- pathies and assistance of France. Here, ther, isa movement in France, more de- cisive in its tone than any which has been seen in America, even amongst the brethren of the oppres- sed. This is a movement, too, of the people of France. What hergovernment may do, we are not at liberty to speculate. In the Chamber of Peers, on a recent occasion, during a discussion on the Budget, the Ministers were questioned on the sub- ject of frishaffiirs, and the reply ot M. Guizot was given with proper ministerial caution and equivo- tion. : As to Ireland, he did not conceive himself justified in saying a word on the subject. He sincerely de- sired the perfect tranguility of the United Kingdom, and he felt confideat that it would be everywhere maintained or re-established. During the last twen- ty years the English Government had done a great deal for the welfare of Ireland. ‘ The chiefs o fihe present Administration,” said M. Guizot, “ gave emancipation to the Catholics of that country ; and Ihave every confidence—and I here speak as a mere spectator ef human occurrences—that they will reconcile, in the management of this great affair, what isdue to the dignity and unity of Englan with what behoves the country and the benevolence which a good and wise Government owes to all its subjects.” The French people are active, and the French go- vernment is doubtless ready to take advantage of any uatoward British policy ina matter so pregnant with danger to the unity of the Queen’s dominion: America is furnishing the sinews of war and the means to accomplish Irish freedom—and Ireland herself is in a state of portentious calm, though of legal and determined preparation for any contin- gency, however extreme. Se is now trying the eflect of moral power, and it was poent enough under the guidance of O’Connel to extort from the Iron Dake Catholic emancipation. Bat if it shou'd tail, or if the Brit sh ministry should move injadi- ciously, a fire would be enkiadled whicn may i - flame the whole continent of Europe, fora war bes tween England and the Insh portion of that king- dom would inevitably communicate itself to and be participated in by the nations around her In this aspect the fate of ireland is one of momen- tous concern. Ireland tree, and in treaty with the continental powers, and England would be crippled and hemmed in, and her retrogade mevement would be commenced. Such a sign of weakness would be the signal to her colonies to revolt and throw offher yoke, and thus the effect of Irish free- dom would communicate itself to the extremities of ‘ivilizatioa. Bat we must forbear: the subjectis vast for momentary con'emplation. We shall, owever, watch the signs of the times with much naiety. ‘Tue New Jersey Rauroap Accipent.--We ere informed by the Conductor of the line of railroad EW YORK HERALD. New York, Monday, August 21, 1843. and communications inteaded for insertion, must be addressed as heretofore to Jamas Gorpon BENNETT, The funds collected by the Repeal Association are large mal Reform. Last week we gave some details of the objects of the Constitutional Reformers,who met in mass meet- ing in the Tabernacle in this caty, but Mr. Hoffman, the President of the State Association, ima letter addressed to its Corresponding Secretary, goes so fully into the subject that we are induced to publish some extracts from his letter, that the object sought to be accomplished may be thoroughly understood. This movement is one of vast importance, intimate- ly affecting all our.citizens and our form of govern. ment, and therefore we give without apology the extracts which follow. After some introductory observations, he says:— The whole rightful soverei power of government extends and is limited to the making and executing of all necessary rules, general and impartial, plain and intellizi- ble to all, which in their nature tend, and are honestly de- signed, to secure to every individual his equal natural rights »gainst all fraud, injustice, oppression and force— to industry the products of its toils, to all men their proper- ty, thelr personal security, their personal liberty, the free- dom of opinion and speech, and the pursuit ef their happi- ness by all ber aie Means not injurious to the equal na- tural rightsof others. These, the government must se- cure; more it cannotdo By the laws of nature, the con- stitutions of the country and the established general judg- ment,our people are the sovere f the State and possess all rightful sovereign po' 4 resistless necessity, they are respon \ man for all the acwsand o of government. Zhe errors of govern- ment are their errors—the crimes of government are their d both are visited upop them in their whole force of misery and infamy. In the form of their govern- ment, therefore, all the just powers of goverament which trom their nature admit of it, should be exercised by the pro Je directly, and in the mode best calculated to enable them to form the most corr-ct opinion, and express it in the most distinct manner They should delegate no pow- ers except from a proveable necessity, and then only to agents chosen by themselve far as practicable, and limited by clear and definite rv (0 the line of their duty and made as respon: ibieto the people. In ail cases where the erro: power from the nature of the subject, may bea grievous and permanent injury to irright and duty tovejudge the judgments reauts before they areexecuted, should be se- cured ; and at short and stated periods, the people should, in a solemn and deliberate mannez, sit in jadgment on ali the acts of their sereants, to approve, condemn, reform andimprove. Itis only by auch a government, for such ends, so constituted aud administered, that a free ple can acquit their consciences to God and discharge their duties te humanity. Is our constitution, judged not by its letter but by the practical workings of delegated power under it ought to be? A brief statement of some ot achieved by delegated power will best answer. It has attempted by law to create that wealth and com. fort which a well directed, skil'ul industry alone can cree ate and secure; andina period of profound peace, wnin- terrupted health, and extended commerce, it has produc: ed ouly debts, deficits and misery. By ts it would make all and pay all; and by debts ithas produced a debtor State, debtor cities, debtor counties,towns and vil- lages, with taxes severe, onerous and increasing, direct and indirect, to avoid the losses, miseries and in'amy seperable from a social bankruptcy. Although the State debt has been swelled to about twenty-eight willions, and the interest on it, andthe current expenses of the State and its works have passed beyond its gross annual reve nue from all sources, forcing direct taxation, it cannot re- form useless offices or retrench expenditure; and while only one of all its works will pay its current expenses, threatens to add millions to our debt aud taxation, tocom- plete works »egun, surveyed and approved. In the pecu- niary disiresses of the State, it has made a free and dangr- rous use of the common school, literature, and deposite funds, devoted to education; and inthe wants growing outof itsown Profigacy, seems eager to corisume them.— It has relinquishes, without a consideration, to a compe ny notoriously a frauduient bankrupt, three millions, which delegated power and the company had both repeat edly deciared to the people to be a sate and adequate secu- rity forthe amount, at once rewarding the treacherous falsehood of the past, and inviting perfidy in the future to nearly two millions of like securities against the compa- ny. It hascreated banking systems, without personal re sponsibility on the partof the banker, with a power to is- sue paper money, largely te be made out of nothing, with nothing to redeem it; forcing coins from circulation; affording acurrency the most unstable—at onetime ex panding into vast abundance, exciting the most reckless speculation —then rotten and “suspended,” exhibiting the most demoralizing spectacle of universal swindiing “ac cording to law: ind now contracteu to excrutiating tor ture. In a seuson of great pecuniary distress among busi ness men, and when the means to the interest on the State debt had not been provided, its credit was ri ea sinking. it wes found that delegated power had made the State debtor to the banking institutions for more than five millions of dollars, of which near two millions were over due—thus obliging them to the amount of tnese mil liens to turn their screws on acommunity made debtor by the false pretences of a legislative credit system. It watch. ed and nursed these systems,throug) the bankrupt failure of 10 safety fund and 26 free bank insolvencies; witnessing their robberies of the public money and their frauds upon the community; but when strongly urged by the public voice, has, as yet, weak or wicked, been unable to im- pose on the benker that individual respensibility which it unflinchingly imposes on all engaged in productive in- dustry. It has filled, lumbered, ana disfigured the statute books with charters and grants of special privileges, false in theory and pernicious in practice, whereby the favored few are enabled to live without labor on the labor and property of others. Under the power to appoint faithfal and able officers of government, it has multiplied officers, maintained perquisites and salaries at high rates, an! year after year collected at the capitol,in th son ofthe legislative session, a host of applicants—fit means to corrupt the legislature—to sue for ottice and place by personal solicitation, tending to establish a sale and pur- chase of offic By the forms of the constitution the le- gislature partakes in, and exercises the highest judicial powers, even that ef adjudging whether ite own acts are constitutional and binding. The time which ought to be devoted to reforming and perfecting the law aad judicial administration, is distracted by attention to appointment and employed in hearing and deciding causes. By mult farious, contradictory, hasty, undigested statutes and “re doubted, distinguished, explained, and over- ; hole body of the law is rendered deformed, dark, doubtful end uncertain. Like an insolvent parri- cide, delegated power has destroyed the constitution which gave it existence, by the force of its eggregated precedents made in contravention of that constitution; and when it is asked to proj for the adoption of the people, an amendment to limit its power over debt and expenditure where its conduct has demonstrably been tissue of folly and crime, it retuses even to propose it. The People must, therefore, reconstruct the edifice of treedom wnd safety; anda convention to amend the Con- rirution appears to me the best aod only practicable means of performing this great and sacred duty. To what should the reformation extend? To all ascer- tained abuses As witnout strong and adequate security to the rights of property there can be neither abundance norcomiort, nora tull and fair development of the ivtel- jectual and moral man, the end and object of our being; and as in ourown and every age and country, the tatal vice of delegated power has been manitested in a corrupt desireto enable some without labor to live on the lebor and property of others—the reform should es directed to furnish new and st securi rights of labor and property against the execrions and special grantsof power. The reform should be broad, solid, aud liberal; and I proceed to state some o. the prin: cipal subjects. 1. It must retrench expenditure, reform useless offices, and make the revenues ¢qualin a snort and reasonable period, to the pay ment of the whole of tue public devt, secure toat reve: ue from destruct on or diversion by the legislative power, and make it certain that soon the people shall be treed from debt and taxation for it. 2. It mast limit the legislative power over debt and ex- 8 cept to suppress should be contracted without the direct of the voter. 3. It must secure the Common School, Literature, Di site and other trust funds from conversion jor destruction by the legislative power. 4 It must make all bankers iseuing paper money indivi- dually responsible for all demands ogainst them, their corporations or associations, and prevent them from deal 1 | ing in stocks of any kind, and especially in the stocks of on, no debt berate assent on which the vofortunate Staats was so shockingly | the State. killed, by one of the rails penetrating the floor of the car in which he was seated, and piercing his throat from the front to the back, that this is the first accident which has oceurred on that line since its opening, some five years since. It is further said that several cars preceding that in which Staats set had passed over the rail by which the accident was occasioned ; and likewise that the floore of the cars are to be made proof against such accidents in fa- ture. We give this as we received it, yet we rely for @ proper examination on the coroner and his jury. fr} A number of the personal friends of the Hon. John Quincy Adams enjoyed the pleasure of his so- ciety at @ social pic nic and fishing party at Cold Spring, Cohasset, on Thursday, the 17h. The ve- nerable Ex-President was, as usual, quite succesetul in the sport, of which he is extremely fond, and was never in better health or spirits His conversational powers render euch an occasion a rich intellectual repast. la the evening he met his friends in a social gathering at the house of a hospitable relative in Hingham. Morperer Cavout.—The Louisville Dime says, “Dr. Bennet is now in jailia this eity, charged with having, a few years eiace, murdered a gentleman be low the falis of the Ohio, and robbed him of some $2200. He was brought from the State of Missouri by @ requisition from the Governor. We under- stand that there is no doubt but that he is the guilty man, He has been absent some three or four years _ (cy The President of the United States, aecom- panied by several members of his family, returned to Washington on Saturday detained several days at Old Point Comfort in con. sequence of the dangerous illness of hie grandchild, and the indisposition of one of his daughters, whom he desired to conduct in person to the Whige Su) phur Springs, ‘The President wae 6 It must fix safe and certain Jimits to the powers of all municipal bodies to create debts and burthens on those residing or owning property within their taxing power, and on all corporations to create de! 6. It must secure the citizen against special legislation and the grant of exclusive privileges, wwereby the favor ed few are authorized by law to devour the many, and by all ‘he waysand means known to experience oblige dele- gated power in its \egislotion to regard that law of nature and eommand of God, which declares that ‘he that will not work shall not eat.” 7 It must limit the officers of Government to functions strictly government 4 tothe smallest number, that for a moderate compensation can harge the duty well, and refer their appoin' ment, as fer es practicable, to the people and ‘o bodies the nearest and most dependant on and responsible to them. 8. It must stripthe legislative and executive as far as practicable of the appoiating power. 9. It must divest the legislature of all judicial power, and provide courts of law and rquity, with original and pellate jurisdiction, to be held by judges to be elected by the people for a reasonable term of years. These courts of the people must have power to decide all constitutions) questions, and thus maintain in practice the limits set by the constitution on delegated power, In a letter 1 will not attempt to state my reasons for each of these propositions. On the subjects of debt, ex- penditure, banks, currency, and the grant of epecial ‘pri- vileges, the trust funds ‘and the appuinting power, the conduct of delegated power hos forced upon all honest men the desire for a radical reform. Unless the appoint- ing power e ated from the executive and legislat g di hecome infamous and the subject the Se shall continue our court of 1 ur legislation must be hasty, crud daloutly éefective,and all law referm prove a total das Jong asit isthe constitutional court we muct li jespotism of precedent without a constitution. erences of opinion there may be respecting ng the judges of the courts of law ana J serge d cm scems to me that men wi ell agreed to the election by the le Jadges of the onattutionslesart, Pe the 10. My last position is, that the constitution should pro. vide for @ convention of the people at least once in twent years—to correct errors, reform abuses, and moke al! needful improvements more effectually to recure the «qual natural rights of every man. With great respect end esteem, am yours, mont truly. MICHAEL HOFFMA | F. Binpsact, Cor. Sec’y of N. ¥. Con. Ref. Associ No, 28 Vandam strect, N. Y. on, Mr. Hoffman,has written an explanatory letter to Judge Scott of this city, which we subj lows :— E Lerren raom Ma. Horsman ro Jupae Scott. Hesximean, Jul " b Dear Sir—In common with every ~~ fF, vious causes, you doubtless desire at! form. In a letter tothe Reform Association of yor Tha pressed the opinion, that the “judiclel shou! taken from the Senate and vested in courts held by judges to be elected by the people for a short term of years, On this part of the subject, I desire te express to you, more fully than I couldn that letter, my reasons for this opinion. T need not argue with you to prove, that the want of correct, detailed, distinct provisions ina statute, alwa: makes it dark and dangerous, andoften renders most pe nicious a law which with such details would be most ful. Without such details the best general ciples are net merely Jost, but often made the cause of mischief. If this is true, even in the most simple Cases, the details rise in difficulty and importance with the ons ninpeen and extent of the subject. On the subject of judicial reform, embracing the complications of pee and pleadings, controling in despite of all fee bills the expenses of litigs- tion, the whole, and to us hitherto insuperable difficulty, lies in details andforms, Without correct details in the laws authorizing it, there can be ne law reform. ‘The Assembly is and should be elected for only a very short period. It is unreasonable to auppose that body or its committees can render any eonsiderable aid in pir’ect- ing the details and formsof laws. ‘Ihe Senate is elected for a longer period, and must perform that most *seful and indispensable labor ; but the Senate, ag a Court of Errors, as at present organized, must employ two-thirds of the whole year in hearing and deciding particular causes As the causes multiply, that period must extend, and few years, with the increase of population and business, engross the whole time, as it now does most of the thoughts ofthe Senate. At present the Senate can devote time to legis:ation only in the hurry and bustle of the session, and ean do very little towards pertectirg the forms and details of statutes. Until the Senate is divested of judicial power and duty, it can never perform its most useful ley tive functions in the government. We can expect ni {ul simplification of law practice and plead ings, or clear, consistent, intelligible statutes. ‘The study already bestowed by Senators on particulercauses,would, it it had beer d-voted to the subject, have given simplicity beauty, and consistency, tothe whole law, and made it intelligible. The charge is necessary to preserve the 8 as part of the Legislature. For,in a few years, the increase of causes must bury it wholly in judicial enacting them, it kno construe a law so that it can be understood. power knows that it can only enact and not censtrue the rule, and that others will give it a construction and apply it in practice, it will seek to express that rule and the reasons for it, in terms £0 clear, distinct and precise, that the most ordinary sag«city cannot misvor misapply it. The divesting the Senate of judicial power would thus, I believe, lead to a most useful radical reform in the laws, which can never be expected while that body is the Court of last resort. The Court of lest resort must, as to all cases ending there, be the Constitutional Court. At present the Se nate may enact astatute, andas a Cour’ declare that sta- tute constitutional and binding. In this manner it mey and by the force of aggregated precedent it hasrepealed the constitutional limitations set on legislative power.— As the court of last resort is necessarily the court to con- strue theconstitution, it should, like the present, be held by Judges, elected by, and reeponaible to the people, at short reasonable periods of seven or ten years; andif the Judges of the highest courts of original jurisdiction are tobe apart of the tribunal of the last resort, they teo must be elected. Itmay be feared that such Court may itself become a tyrant? On what, I esk? Itcan make no Jaw. Itcan, atmost,only construe those made by the Legislature; and by duecarein that body it may give to its statutes that intelligible certainty which disarms construction of all power to mischief. As the Court can by construction gain no power themselves to make law, they will be less disposed to increase the power of the Legislature against the limitations of the constitution ; and ifthe Court shall injariously limit and restrain the exercise of Legislati power, the Legislature may remove the restraint by pro ing sn amenedment to the constitution. In this way the spute willbe spevdily referred to the people, the proper and responsible arbiters ef the matter. If these considerations do not entirely persuade you, as they do me, that weought and must divest the Senate of all judicial power, and should vest that power in courts held by Judges elected for short periods, hope they may induce yeu to mature a substitute that shall secure to us the benefits which I ardently hope from my pre- position. Reach these benefits and avoid the great evils to which 1 have alluded, and I will be content. With respect and esteem, am yours, truly, MICHAEL HOFFMAN. Hon. Jonx B. Scort, Esq. New York City. AccIpENT oN THE Stontnaton RaitRoav.—The steamer Rhode Island was delayed in her arrival until 1 P. M. yesterday, by an accident on the Sto- nington Railroad, which fortunately and providen- tially produced no very serious consequences.. The cars, after leaving Providence, and when within three miles of Kingston, were proceeding at their usual speed, when the engineer perceiving a large ox onthe track, reversed the engine. Beingon a declivity, it could not be immediately stopped, and in its progress caught the animal on the cow-catch- er. In passing a culvert, the ox, struggling to es- cape, was further entangled and drawn beneath the engine, which was thus precipitated from the track to the side of the road, and turned bottom upwards. The engineer and assistant were slightly hurt. Be- tween the engine and cars were interposed the ten- der and baggage crates, which were crushed, and the forward ‘‘ Jim Crow” car sent on one side, without injury to any of its inmates. An express was immediately sent off to Stonington for an ex- gine and additional cars, and by great exertions o» the part of the President of the Company, promptly | aided by some of his men near at hand, and kindly assisted by the passengers, (among whom Colonel Griffin of New York was conspicuously active and useful,) the wreck was entirely cleared, and the train enabled to proceed immediately on the arrival of the engine despatched from Stonington. Not, withstanding the crush, a very slight shock wascom- municated te the passenger cars, and there wasno surther injury and but little alarm. The passengers by the Massachusetts, on the arrival of the above train, proceeded immediately on the road to Provi- dence and Boston. Navat—Tue U. 8. €cnooner Gramrus —As this vesse] undoubtly foundered at sea, and every soul on board met a watery grave, we publish a correct list of the ill-fated officers and crew. It 1s now more than five months since she was last heard of, and from her situation at that time, and the tremendous gales that soon followed, we cannot entertain the slightest hopes of her safety. The fa- milies and friends of those on bourd, must mourn for them as dead. t Commanding, Albert E. Downes. 8, George sevoort. ‘Assistant Surgeon, E. H. Conway. Purser, James 8. Thatcher. Master, I. 8. K. You.? ipmen, Andrew J. Lewis, Edward N. Beadel, Geo. I Minshall. Captain’s Clerk, George L. McKenney. Ship's Steward, Isaac Stevens Buatswain’s Mates, Robert Ray, John Cook. Gunner’s Mate, Wm. Gale. Carpenter’s Mate, Theodore Myrick. Otticer’s steward Joseph R Serrier. Otheet’s Cook, James Hopkins. Quartermasters, Thomas Piner, George Benson, John Carr. Captain Forecastle, John Ryan, James Smith. Bowen. Ship's Cook, Lewis Willow. Yeoman, Charles L. Clapp. Seamen, H. P. Rollins, Antonio Rodeiquez, William Conolly, Wm. Toland, Price le, Clans J akelsen, Pe- ter Colline, John Hughes, Wi Thomas Walsh, Wm. Penny, 'm. Gould. Ordinary Seamen, Hiram Carter, George McGordes, wm. Allen, John J. Palmer, Thomas Johuson, Isai Cooper, William Johnston. George Spencer, Danie! wi Joseph Jones, Charles Howell. Landsmen, Ebenezer ong Upson, Thomas Fritz, John B. tington, Henry Carter, Wm.L. Newhull. Boys, James Webb, H George Geinzler, Nichol Jobn A. Leanard Nathaniel Kenn Benj. F. Batts, John Wil » Henry Greenfield, Seventy-seven souls in al Nava.—The frigate Savannah is ordered in'‘com- mission as the flag ship of the Pacific squadron, to bear the broad pennant of Commodore Dallas. She will soon leave for that station, under the command of Captain Andrew Fitzhugh. The following of- ficers have been ordered to report themséives on board the 25th instant :— ient ta, H. K. Hoff, William M. Noland, R. F. Pink vWD i ; Surgeon, Edward Gilchrist; Pur- assod Midshipman, James ney, W. B. Renshi ser. Dangerfield Fauntleroy, P 8. Ridgely; Midshipmen, John TJ. Miller; Gunner, Joes M M. Cecil; Sailmaker, William Ry: Witmuth. Navy Onvens.—L J. Hartstene, and Dr. ©. F rence by Ist proximo. Lieut. John A. Ru t w York yard. £. E. Genet, to the Savanna.— Madisonian. Rell, George E. Morg' 5 Bo ant W. B. Beverly, B, Guilton, to th remains Wem’s Parrinc.—We learn that Weir, the painter, is moving his picture to Baston for exhibi- tion. Lt will afterwards be exhibited in New York. ‘rat who traces our present debts, deficits and misery to their true and ob- thorough radical re- ur city, power M. McCreery, William 8. Swann, Quarter Gunners, Henry Edwards, James{Fritz, James mmond, £:nuel Chase, iron, George Collars, John Brown, Henry Lewis, ohn Seott, Patrick Moran, John Cugir, Peter Shannel, Edward Mitchell, Alex. L. Hun- ry Groy, Edwin C. Holmes, P. Broughton, John Murphy, iy, John P. pada ‘Carpenter, F. wale, George Lieut. H. | Great Western brig Law- it Midshipman J. H. Tillotson, and City Intelligence. Beware or Travertine Senvants.—Several instances have lately come underthe cognizence of the Police, in which servant girls hired at the door have, after a sojourn of three or four days, plundered their unsuspecting em ployers. And for the sake of justice it isto be regretted that in nine cases out of ten the guilty parties have been suffered to escape punishment, rether than the family should be put to the inconvenience and annoyance of at tending at court to give evidence. This is wrong—it is criminal—and where the compounding of a felony, even of the most trifling nature, in which a servent isthe guilty party can be traced, it becomes an imperious duty on the officers acpointed to administer justice not to sutfer the compounder to escape. From the burglar or the highway robber we may protect ourselves, but we have no such means to save our property from the hands of our ser vants, who are necessarily placedin trust, and have ac- cess to our most private apartments. The only means to save the community from depredators of this class, is ex- posure and punishment. His Honor, the Recorder, never fails to impress upon the jury the enormity of such an oftence, and so far as the law will allow at his hands, the public interests are properly cared for, in disposing of vants CO! ted of robbing their employers. al these remarks as introductory to a in which a ser vant girl, who was hired but afew days ago, plundered her master of money to the amount of ene thousand dol. lars in gold and ‘bank bilis, but who was «liowed to go at liberty on surrendering up the money. On Sunday morning, Mr. Barnett,of No. 220 Houston street, found his desk had been robbed ot the above sum, and suspicion at once fell on Mary Hort, an Irish servant girl, who he accused of the thett, and sent to the police office for an ofticer to take her incharge. Olticer Stokeley was detailed tor that duty—but lo! when he arrived at tne house, he was told by the daughter of Mr. Barnett, that the girl bad restored the money, on condition of being allowed to escepe, and that her pepa, not wishing to be apnoyed with going to law, had given her permission, and she had accordingly left the house. Such conduct does not require any comment. Distunnine a Concnecatiox.—Yesterday two members of the Methodist Protestant Episcopal Church in Allan street, presented themselves before Justice Stevens, id mede affidavit that on Saturday ning last, n calling himeelf John Spicer, by trade a shoemaker, had entered their place of worship, while the congregation was engaged in prayers, andin a loud voice, had de. nounced theentire body of professing Christians, and their ministers as deciples of the Devil, and abominations in the sight of the Great Ruler, that in a long tirade, he so interrupted the meeting, and alarmed the members, that he to be forcibly ejected. That on several pre vious occarions, the congregation of Allan street Church, and others in various parts of the city, nad in like man- ner been interrupted by the disorderly entrance of Spicer and his fanatic associates, who deem their religion the only correct one, and assume the right to enter what house of public worship they find open, and there ex poundtheir peculiar dogmas. Spicer was fined in the sum ot $10 and costs, or an imprisonment for 30 days in the city prison. Not having the money he was re- manded. The conduct of the miserable man, was suffi ciently wild and inconherent to warrant his committal as a lunatic. Revievinc tHe Community.—Catherine Fassett, Eliza ‘Williams and Susan Peterson, cypians of the lowes mtenced to the penitentiar: vagrants, and Julia Smith for three months, for disorderly conduct, and enticing the path of virtue, two young lads, sons of ahighly respec- table man, who in vain tried to prevent the intimacy.— Would the P silantropists who talk so loudly, and expend se much money in teaching an4 converting the distant heathen and southern slave, but expend a tithe of their means in rescuing from infamy and disgrace, the hordesof young patligates of both sexes, which exists in the very hear: of their city, in almost immediate contact with their palaces, then might they effect some good, which, asthe Money 18 new spent, is rather doubtful. The community would thank them, and the reclaimed beings themselves would be nt memorials of the benevolent distribution of their charity. Rosseny at THE Quarantine Grounp.—An oxtensive robbery was committed yesterday, on board the brig Amanda, from Honduras, then lying at the Quarantine, about four o’clock in the morning. The steward, a mn- latto man, relieved one ofthe men on the morning watch, when the rest of the hands were asleep. The man went into the cabin, and took from the pocket of the captain the key of his trunk, which he opened, ‘and abstracted the key of the Jocker, in which was deposited $3 200 in specie. This money he succeeded in carrying from the vessel in a boat, undiscovered. It is supposed he must have been assisted in his operations, as the movey was in separat els, and it would be difficult for a pare to rey away alone. The boat probably landed on Long sand. Rossery at Staten Isranp.—The Telegraph Hotel, kept by Capt. Western, was burglariously entered yester- day morning, by some person unknown, and 20 bottles of champagne, 2 bottles of brandy, a lot of cigars, and some small change stolen. .—Ben Haycock arrested a fel- in, inthe act of carrying off the feather bed, pillow: kets and sheets, in faet, the entire furniture of the beb-chamber of Mr. Charles Hoffman, No 14 Dover street, valued at $10 and upwards. The rascal was fully committed to answer. Steauinga a Watca.—John Disney was arrested by of- ficer Josephs, for stealing from Michael Wallace, Ne. 61 Mott street,a silver watch, arazor and an awl, worth $10, which property was stolen from his bed room, during a short ab ence, and on searching Disney the razor and awl were found on him. Bap Money.—John McFarlan was committed for at- pting & $2 bill of the Globe Bank, which is ut- terly worthless, on Nicholas Cady, No. 182 Chambe: in pay ment Jor nine cents worth of liquor. ILLusTRATED SnaksPeaRE.—A beautiful octavo edition of the complete works of the “immortal bard,” has been published by George F. Cooledge, No. 323 Pearl street, New York. It has forty new and beautiful engravings, in addition to a frontis- piece which presents a likeness of the poet from the celebrated Chandos picture. The volume contains Johnson’s preface, a glossary, an account of each play, and a memoir of the author. Altogether thig is one of the most beautiful, comprehensive and iseful forms in which this indispensable appendage to the library can be presented to the public. Nisto’s.—The attractive entertainments of Ga- briel Ravel’s benefit are to be repeated this evening. The “Bedouin Arabs” is a performance the result of incessant practice and industry. Had the Ravels never performed any thing else but the Bedouin exercises, they might still be fairly entitled to be denominated the “astonishing family.” We have had the real Arabs, and we pronounce the Ravels the more pleasing, and equally wonderful. The new pas de deux by Gabriel and Miss Wells is to be repeated—then the always acceptable evolutions on the tight rope—and for “ absolutely and positively” the last night of the comic pantomime of ‘‘ Ma- aulme,” which is to be withdrawn, in order that the extensive scenery may be displaced for that of the forthcoming novelties. Therefore, those who have deferred seeing the Ravels in this their best panto- mime, will have to attend this evening. So greata variety on one evening has seldom been offered. {g- A Naval General Court Martial has been or- dered to convene on board the Utited States ship Pennsylvania, at Norfolk, on Wednesday, the 284 instant, for the trial of Lieutenant Addison R. ‘a- liaterro, and such others as may be brought before it, The Court will consist of—Commodore James Biddle, President; Commodore Stephen Cassin, Captain Thomas T, Webb, Captain John Percival, Captain Bladen Dulany, Captain Joseph Srnvot,Cap- tain John Gwinn, Commander William_Jamesson, Commander William M. Armstrong, Commander Robert B. Cunningham, Commander Joha Kudd, Commander James P. Wilson, Lieutenant Wil- liam Green, members; John L. Upshur, Esq., Nor- folk, Judge Advocate. fg- A deputation of fifteen Indian chiefs from the Ottawa trite, living on the St. Clair river, arrived in Buflalo atew days since, from Detroit, in the steam- er Thomas Jefferson, Captain Richards. They are on their way to Kingston, to cede to the Canadian government a portion of the land on which they now reside. They were splendidly decorated, in full Indian costume, and made quite an imposing ap- pearance. A Runaway Matcn Fresrratep.—We learn from Captain Twohy, of the steamer America, that soon after his boat lett the wharf at Toronto, the clerk informed him that a certain lady on board, deemed respectable hersell, and reapectably con- nected, a wife withal, and we believe a mother, was evidently running away from her husband. Ov learning this, he landed her about amile from the place ot starting, and resumed his course. On ar- riving here, he ascertained that his clerk was cor- rect—that her partner in flight had preceded the America, on the steamer Oneida, having broughi not only his own luggage, but the most valuable ot that belonging to the man he was about to deprive of a wite. The facts being made known to Collec tor Gibbs, he delayed paesing the goods for the pur- pose of guining time, that they might be restored to the true owner. We suppress the names of the par- ties, as they were foiled in the enterprise; and sim- ply state that the parties were all married—making itan intended forsaking of a husband, on one side, and a wile on the other,—Rochester paper. QG- THE BILL OF THE) AMERICAN MUSEUM th isweek presents increased attractions. The Kentucky Minstrels are always popular. Mr. Cole, J. G. Booth. Master Diamond, Mins Adair, Celeste, &c never fail of delighting their audiences ; aud with such + host of bright stars the manoger opens the week rich he new fair room is a great attraction, and will soon be filled full with the finest specimens of manuf ctures,in ventions &o, &c. Indeed, there is one specimen of Yankee invention now exhibiting in that saloon which is worth going hundreds of miles to ree — French's rotaryknitting loom, which maoutactures hosiery without 9 seam, and with the most surprising raniditv BY THE SOUTHERN MAIL. Og- No papers were received this morning. MAGNIFICENT NOVEL.—Paulde Kock series —This (Mondey) morning will pe published, the CHAR- MING YOUNG MAN, translated from the French ot Charles Paul de Kock. “ Thisis perhaps the most grace ful and offecting, as well as most humorous production which ever flowed trom the pen of that prolific writer Paul de Kock.”—[Edinburgh Quarterly for May- _ Pablished and fur sale at the office of cheap publica tions and French translations, 102 Nassau street—price oue shilling single copy, or $8 per hundred. 0g- PEALE’S MUSEUM OPENS THIS DAY, hav- ing been closed for tho last month. The manager hos thirteen years old, and weighs 405 pounds. Ther also splendid performances every ovening in the Lecture Ro om, by a host of talented artiste, all to be seen fer one shilling. With such attractions, and such a low price of admission, any encomium from us is superfluous. FACTS WORTH KNOWING—A positive stay forthe heir falling out—or to restore it in bald place: ‘A certain cure tor all Rheumatism and swelled Limbe— no exceptions, certain and positive cure for the Piles in all eases, £ srarranten core for all Bruises, Scalds and other Sores, and Sore Eyes. ‘A positive cure for the Salt Rheum. : A beeutitul Dye for the Hair—will not color the skin. Warranted. pas certain cure orns. Par ai these to be had only at 21 Courtlendt street, and at the Branch House, Comsteck & Ross, 62 Cornhill, Boston, and such proof of these facts as will convince all who will cal or send for them, gratis. may rest assured there is no fancy m these ‘The pul assertions, og Six SPLENDID, DELICIOUS WOMEN AT SING SING With breasts—oh, like glory, with cheeks red and fair, And beautiful tressea of long raven hair! Old Ladies and Young Ludies—Men also, who are at present homely, with bad hair, with eruptions or Jisfigurements of the skin, or with dark, yellow, nburnt skin, sheuld read thie. By pay ing a three iv hilling bottle of Jones’ Coral Hair Restotasive, the price will prove it no humbug. Then, for the skin. ‘cake of the Italian Chemical Soap. In curing salt rheum, &*., itis infallible, and 1 have seen it cure where inward remedies and powerful lotions have been used in vain. As a cosmetic it is unc qualied, and although it will change dark, yellow or sunburnt skin, to a fine healthy clearness, yet it is quite harmless, and might be used on an infant two hours old. Itissold, price 50 cents a cake, at the sign of the American Eagle, 82 Chatham street, New York; 3 Ledger Buildings, Philadelphia; 8 State st., Boston, or 139 Fulion street, Brooklyn. $G- NEW WORLD SUPPLEMENT FOR AUGUST —Double numbers—Six Romances for 124 cents!—The only American Edition of six of the most populer Serial Romances, by the best living authors of G:eat Britain. It will be issued, at No. 30 Ann street, on this morning, Aug. 21, at9 o'clock. The present will be a double num- ber, and contain a greater amount of choice reading, for 12} cents, than can be obtained elsewhere in North Ame- rica for double the money. CONTENTS. Martin Chuzzlewit, Part VIIL which will be eagerly sought for. : Arrah Niel, or Times of Old, the new Serial Romance of Mr. James. 4 j Treasure Trove, or Accounts of Irish Heirs, decidedly the most humorous story of the dey; by the inimitable Lover. eniteciogs of Arthur O'Leary, by the author of Charles O'Malley. Modern Chivalry, or anew Orlando Furioso, by Ainr- worth, and the September part in advance, of “Tom Burke of Ours,” the great Military Novel, equal in popu- larity and interest to Our Mess” and “‘O’Malley.” gents supplied at $2 a Single copies 12} cents. heared: s is ! The Supplement is printed uniform with the New World, and’sentto mail subscribers for one dollar a year inadvance. Back numbers supplied. Office 80 Ann st. Alse, on Tuesday morning, the August number of Blackwood’s Magazine, gloriously rich in contents — Part 3 of ‘* Marston, or the Memoirs of a Statesman,” and other capital articles, price 18] cents. Also on Wednesday morning, part 6, of SIR JOHN FROISSART’S CHRONICLES, Ilustrated with ten beoutiful Engravings. The work to be completed in ten numbers at 25centseach, or $2 50 entire. Also, just published, new edition of “ Philip in Search ofa Wife,”and “ Kate in Search of a Husband,” of which pornien Domestic Romances, more than 35,000 copies have een sold, and tha demand still go large as to require both wouks to bestereotyped. Every young lady and young entleman will of course obtain copies, aud find much that is interesting to these searching for partners. Oftice 30 Ann street. J. WINCHESTER, Publisher. AGL’ ITALIANI DELLA CITTA—E risultata dalla toro numerosa assemblea di Sabato ultimo nel So- Jone Palmo, la decisione di tenersi Lunedi 28 del ccrcente, uello stesso locale, alle otto in punto della sera, una se- conda riunione di tutti coloro soltanto che desiderano essere atnmessi all’ onore di appartenere al corpo di Ve- iii itta, s1a come volun- ‘giungendo le loro firme elle venticinque gia ottenute. Cio Jatto, ad ottenu tosi il numero degii attivi voluto dalle statuto dello mili- zia voluntaria dello stato, si dard tosto cominciamento all’ orgenizzazione. I figurini dell’ uniforme proposta pe’ voluntarj aftivi e per la musica, possono vedersi nel Cafté del Signor Palmo. MEDICAL SCIENCE VERSUS QUACK- ER A Cure Guaranteed.—The College of Medecine and Pharmacy ofthe city of New York, established for the suppression of Quackery, is now prepared to treat all diseases of a private nature, and offer to all those afflicted with these distressing maladies advantages not to be met with in any other institution in this country, cither public From the constant correspondence, and from arrangements, between the members of the Col- lege and the most eminent Protessors of the Medical Insti- tutions of Europe, all the improvements in the treatment of these diseases are forwarded to them long before they reach the majority of the medical profession of this coun- try. With such advantages, together with the combined skill of the first medical men of this country, the College feel satisfied that the good work they have undertaken, “the suppression of quackery,” will receive the patronage i deserves trom that portion of the public requiring their services. Terms, f r advice, and all medicines, $6, ‘ N.B —Patients living at a distance, by stating their dis ease explicitly in writing, giving all symptoms, together with the treatment they received elsewhere, if any, can obtain a chest containing all medicines, with full direce tions for use, with a guarantee of cure, by addressing the Agent of the College, post-paid, enclosing $5 By order, W. 8. RICHARDSON, Agent. Office and Consulting Rooms of the College, 97 Nasseu street. 0g-' THE GREAT TEMPERANCE CAUSE” HAS been the means of restoring more vagabonds to the com- forts of decent society than any othe which has heen carried forward in the land by for the last century. It has literally broken the fetters which bound the captive fast, taken him by the hand, lifted him from the pit of degradation into which he had cast himself, and je him alive to the hoppy enjeynents of hiv d kindred, but also given birth to the resolution virtuous life,end to urge the same upon his fallen y precept and example. So with Dr. Sherman’s medicated lozenges. The revolution they e brought about in the medical way is equally gre ici no more heard of ; o1 yall the preparations of Dr. Sherm: '@ 80 judi ciously made, that they are as plessant os a common rene lozenge, and can be received into the most lelicate stomecn without nausea or disgust. Many, no doubt, have heretofore died trom inability to take the or- dinary preparations, or from abhorrence of tnem. This difhculty is now done away, sad the doctor's lozenges will cure coughs, colds, consumption, asthma, headache, seasickness, heariburn, palpitations, or any other com- plaint, and destroy and drive away worms sooner and more effectually than any other m ines in use, And his Poor Man’s Plaster is equally effectual in curing rheumatism, weak back, pains ia the chest and side. In- deed, the demand has become so great, that one million a year will not supply it. Dr. Sherman’s warehouse is No. 106 Nassau street. Agents—110 Broadway, 10 Astor House, 227 Hudson street, 188 Bowery, 77 Kost Broadway, and Mrs. Hays, 139 Fulton street, Brooklyn. 0G@- TO SELF-SHAVING GENTLEMEN POSSESS" ing a Strong Beard and a Tender Face.— Whatever tends to promote comiort i lessing. This is a maxim estab ished by the experience of ages, und we would beg to apply ittoa new article about to ve introduced as a sub- stitute for shating soaps, Which are objectionable from ‘ing alkalies, We allude to “Pha g Cream,” which is superior to the ‘Cream of Guerlain’s, of which Gentlemen who have been "sone trial will a that Phalon’s is much the cheapest, ly got up) contain twice the quantity for three of Guerlain’s four shilling pots The beautifa qualities of this cream on the beard operates like magic. Will the reader take our word forit? Calland see for ourself. Sold wholesale and retail by Edward Phalon, inventor, 214 Broadway, opposite St. Paul’s, THE FOLLOWING MEDICAL PREPARA. TIONS of tne New York College of Mesicine and Phar- macy have now gained the entire confidence of the Medieal faculty of this country. They are prepared, from the recipes of the most eminont professors of medicine in Europe, and ere guorentee’ to be the most efficacious remedies for the several complaints for which they have been used by the College since their introduction into thie country. GENUINE EXTRACT OF SARSAPARILLA, GEN- tian and Sasafras, for the radical cure of ail diseases arising from impurity of blood, or an injudicious use ot mercury. Single bottles 75 cents each; half dozen ip cese, $9 60; one dozen do $6, caretully pa (o all ports of the Union. THE CELEBRATED TONIC MIXTURE, for the cure ot all forms ot dyspepsia, debility, loss of appetite, nervous headache, and all opleasant sensations arising from a weakened constitution, Single bottles $1; cases of half doten, $9; carefully packed, and sent to all parts of the Union, PROFESSOR VELPEAU'S SPECIFIC PILL, for the permanent eure of Gonorrhea and Gleet. Over two housand boxes have been sold without a failure. Soli n boxes containing one hundred pills, $1 each THE PARISIAN ALTERATIVE MIXTURE, for the sure of primary and secoudary syphilis 81 hettles $1 each; cases of half dozon $5, caretully packed, and sent to all parts of the Union. * W. 8. RICHARDSON, Agent. Office and Consulting Rooms of the College 97 Nassau a ked and sent MONEY Sunday, August 20-6 P. M: The arrival of the steamer England, which, in a mercantile point of view, was never better. Every thing promises well for American inte- rests. The freight brought by the steamer was good, and imports are now making to a fair extent. ‘The Comptroller of the State, A. C. Flagg, Esq., with that accuracy and promptness for which he is otticially distinguished, has published the quarterly summary of the Banks of this State, as prescribed by the law of last session,he results are as follows, compared with two pre vious return! Nxks or THE State or New Yorx, Ava. 7, 1843, me f Jan, 104%. Jan: 1813." Aug. i943, Loans and Discounts, 93,007,207 *" to Dircetors, 56,938,685 $2,984,467 ° 44159.775 “to Brokers, 1/430,099 Beak estates 5,790,087 3,368,725 4,069,595 jon mortgages, 06 Bondsand moreeases: $9,102,620 12,146,088 2 gy Directors other than loans, = — = 39,788 Brokers — = 212,219 Bank fund, 790,442 770,372 527,766 Expense and loss, 201 918,738 554,613 verdrafts, 192 87,328 98,639 Specie, S.A7L 8,477,078 14,091,779 Cash items, 1,691,772 2,273,131 2,735,417 Bills of Banks, 4,906,792 Tee rasa: 5,009,038 4,808,907 SORT Due from Banks, meets 8,961,819 7,700,044 11,728,808 $93,717,551 $93,508, 951$113,759,871 45,283,453 43,950,137 43,019,577 4,641,302 4,129,699 4,011.93 Mion (old) §— 24,500,003 1,001,072 Naas Due State Treasurer, _ = pied * Canal fund, 1,631,698 1,495,098 741,382 Deposites, 17,188, 19,100,415 24,679,290 Individuals, 286,673 2341 316,453 anks, 9.702055 12,072,669 21,340,748 Treasurer United States, a a 4 Other items, 425,850 5U,81 570,276 $93,717,551 $93,508,951$113,759,381 The discrepancy in these aggregates tor August, arises from the return of the Bank of Utica, which did not pre” sent a correct balance of its affairs These are very remarkable results. As we have previ: ously given the aggregatestef the city banks, with the exception of the Merchants’ Exchange Bank, we can as- certain the aggregate leading features of the country Banks as follows :— City Banks, Country Bank: fan. August. ug. 1813. J Loans, 29,579,088 35,085,120 23,507,961 Specie, 7,279,560 13,100,730 991,049 S| 6,921,473 9,743,447 2,587,540 lation, 4,631,353 5,706,289 8,814 ,554 Deposites, 15,452,041 25,475,636 1,205,504 This result is exceedingly curious, particularly in respect to specie, which, it will be observed, has dimi- nished fin the country banks, while it has enormously accumulated in those of the city. In the item of stocks, there is included in the January returns of the country banks, the bonds and mortgoges held by the free institu- tions. Hence, the diminntion in stocks is actually not so great as appears from the figures. The deposites of the country banks have decreased largely, while those of the” city banks have increased. The circulating medium furnished by the banks of the State, is as fullows :— Jan. August. Bills outstanding 12,031,971 14,520,043 Bills on hand, = + 4,880,987 138, 309 Net cireulat $7,113,88 $9,302,594 These bills, although generally looked upon as money, are actually present only in the retailtrade. All the large operations of the city are performed by the joint operation of loans, deposites and checks. The discounts and deposites are different phases of the same account, and are continually counteracting each other by the medium of checks. Thus, the net circulation of the country banks is $8,121,944, and of the city benks $1,260,~ 690. Inthe country banks, when a note is disceunted,. for the purchase of produce, the circulating bills are paid out to the farmers, and are subsequently paid into the dealers for goods and supplies, and sent to the city to pay notes, mortgages, &c. On their arrival in the city they are not money , because they are ata discount. The mer- chant who receives them is obliged to sell them to bro kers for money, and then ceposite the proceeds. When the bulk of business done is for cash, the more business progresses the more will money accumulate in the city. ‘This has been the case forthe last six months. Hence it is that the city banks show so much greater means then do those of the country. It has been generally supposed that when business improved in the fall, that a demand for money would spring up. This has proved not to be the case. On the other, hand, the large stocks of goods which have been held in the city, Lave melted away before the produce and money sent here to make pur chases, and prices are on the rise. The new crops are again about to come forward, and the order of things is. to be reversed. Since thé’old crops have been mostly exhausted, money has been coming to the city te buy goods. When the new crops ate ready,money will leave the citiesto buy produce. Hence, we apprehend that the fall returns of the banks will show a reverse of the features presented in the above table, viz. : the country banks will have increased their means, while those of the city will have diminished theirs. It will be remembered that last fall some 3 to $4,000,000 in specie, left New York for New Orleans andthe south, thecurrent continuing until the crops were exhausted. Since then,a large portion of money has come back for the purchase of goods. This fall, as agricultural products are likely to yield a larger profit,the current of specie setting inland will be larger, giving a sound and healthy business tothe New York banks. Money performs a constant end healthy circuit, when not interfered with by corporate folly. It is not the amount of money in the country which creates business and causes prices torise. It isthe activity of the money. Henee, a small amount of specie is far more serviceable to trade than a Jarge amount of bank facilities. What is it: that paralyzes trade, stops all the channels of circulation, and stagnates money'wherever it may befor the moment? Panic, want of confidence, which means? a fear that some class of persons, or some institution which supplies them with means, has pusbed its credits too far and created danger. Atsuch a moment, no matter what amount of money there may be, it cannot be procured by those who want it, nor are those who have it disposed to spend it for goods, because they tear a fall. They know that prices are unhealthyly high. These panics occur frequently where there are banks. But where the currency is specie, a small amount acquires an exceedingly active circulation, and is never checked by a general panic. There are now, it appears, $14,091,779in the New York Banks, 50 per cent more than ever befu Tn May, 1838, when the resumption took place, the banks held $9,055,495, which was the highest before or since, until now. Now, of this $14,091 779, it appears $4,033,896 be- longs to the federal government, applicable to the pay- ment of Treasury notes, of which a large portion are held under the item stocks. If the whi mount is held here, then the payment will diminish the stocks to $3,000,000, the specie remaining the same. The amount due Banks is very large, and the balance stands as follows :— City. Country. agiitss rrpealon «sume 3 sine janks, | 8,067,25 eniaa 9,405, 918, Pe sinks, 2007 708 |5:765,163 483,600 5,962,645 Balance due to 5,679,517 11,626,330 “from 1,000,226 2,014,399 Hence, it appears that the city banks owe over $11,600,000, of which $2,000,000 is due the country banks, near $2,000,000 to Philadelphia, and the remainder in other quarters, to Boston, on account of the late gov ernment loan, &c. Now it would appear from these items, that there is not such an amount of unemployed money as has been represented, because all the means of the New York banks are invested, as well as $11,000,000, which belongs to other banks. The discount and stock investments have incre: $7,700,000 since January, and the specie $6,800,000, which is scarcely more than their indebtedness to other banks has increased. The cause of this latter increase may, however, in some degree, be ascribed to the late movements ef the government. Capi- tal has accumulated as well from the payment of the Treasury notes os for investment in the new stocks ,and the stock investments of the banks and the balances duo banks, will, through this circumstance, regulate each other, and leave the institutions with a large amount of specie, anda very low nett circulation, ready to meet amply any demand for money which may grow out of the crops new. - State of Trade. Tra Trese—Coge. Be ta a nxPo! h MONTH OF ARC) ST, AND IN ti CRS. Juty 1, 1912, ro Mancw 31, 1843. in March In nine at” 250,322 Ib. 3,622,010 ‘Total greens. > 262,919 Trand worl larch, in eight vessels, Th. 5,008,296 Grand tot hs, trom Ist July to 30th seserer eee Thy 28,077,715 O10 anv Ente Canat.—The principal articles of pro- perty cleared and arrived {rom the opening of navigation 0 the Bist August inclusive, are the iollowing, vi CLEARED, CLEARED. 6 487,908 bushelswheat 26,871 pounds Lard 14408 =" « Minerel Coal 29,031 = ~=Bacon 47,530 barrels Flour 37,005 = = Wool 36,006 pounds Butter 695,922 Pig drow