The New York Herald Newspaper, March 28, 1844, Page 2

NEW YORK HERALD. | Great Indignation ting of the peal held last evening at Washington New York, Thursday, March 28, 1844. The Municipal Election—The Spring Ex- eltement Rising. The movements of the various parties in this city, now numbering three distinct organizations, previous to the election next Tuesday week, are beginning to excite a great deal of at- tention, and a great deal of interest amongst the citizens generally. This interest and excite- ment are increased from the fact that the result of this election will decide some of the most momen- tous and important questions of municipal reform —questious to which the popular voice has been calling attention for nearly twenty years, without the slightest effect upon either of the old parties. In fact, the interest in these local questions, affect. ing the character, the reputation, the cleanliness and the financial condilion of the city of New York, entirely exceeds any feeling that we have seen for years, and throwsthe Presidential question, for the time at least, altogether in the background So great is the interest felt, and so intense the excitement prevailing, that the three parties—the two old parties and the new or reform party—have all called meetings, which will be held at various places to-day and this evening, all rallying their forces and all endeavoring to collect as many adherents as possible. The first meeting which takes place to-day is a grand, multitudinous, mass meeting of the “* Ameri- can Republicans,” or ‘New York City reform party,” at the Merchants’ Exchange in Wall street. This will be the second great mass meeting which they have held since the commencement of the spring movements. The first was, as our reuders| sing the meeting, Walter Walsh, his tiend from Boston, | bing us as they have hitherto done. recollect, held at Washington Hallyand in conse- quence of the immense mass of people flocking to it, a portion were obliged to adjourn to the Park, in order to find room for the thousands and thou- | paper which had done much and valuable service in the | sake of sa ote te set of rapacious and greedy contrac- sands who congregated at the cry of reform. To- day in Wall street at two o'clock, or shortly after, we expect to see another mighty mass meeting— such a mass of human beings as never have con- gregated together in Wall street since it wasknown by that name Indeed the rise and growth of this new party—this new city reform party&notwith- standing some errors in point of taste and feeling in some of the leaders, have astonished not only all the sober, honest, intelligent, thinking citizens, but have carried terror into the very hearts of the old, corrupt, rotten factions. We have made to this meeting, and will to-morrow present to our readers such a report of all the proceedings as no other paper in the city can give. The next meeting will be that of the “ young | j jured themselves to find O’Connel! Hall—Burning the Jurors In Effigy. A tremendous rally of the Irish Repealers took place last evening, at Washington Hall, to express the indignation of American Citizens at the result of the verdict on the late trials in Ireland. The hall was tastefully decorated with flags and ban- ners, on which were represented the Irish Harp encircled with a wreath of Shamrocks, surmount- | ed by the American Eagle, with the words *‘ Uni- ted Irish Repeal Association” inscribed thereon. Immediately opposite the platform was suspended another banner, of white silk with a green edge, on which was inscribed “ Justice to Ireland,” and at either side of the platform were suspended two other silk flags on which were inscribed ‘ 1798” and “1776.” Several prominent friends of the cause were flocked together on the platform ; and the gallery was filled with ladies. The meeting was called to order by the Secreta- ry, Bartholemew O’Connor, Esq., who moved— The Rev. Mr. Gixes to the chair, On taking the Chair, the Rev. gentleman said he felt pe culiar satisfaction at being called upon to preside over such an influential meeting in connexion with the cause of Ireland Ireland was the land of their fathers and their mothers, and they were bound to it by the warmest ties of affection and of love. He participatad with heurt and soul inthe proceedings of the Repealers of New York, and ahuuld be happy to accept the high honor conferred upon him. (The Rey. gentleman concluded his remarks amid tremendous cheering.) ‘The Secretary read the minutes of the proceedings of the Ce had at their last meeting, which were ap- proved. F Honorable Jonx M’Kron being loudly called for, came forward and addressed the meeting le said, that before a of the local members of Association came forward to address the meeting, he thought it due in courtesy to the entlemen who tavored the meeting with their presence, trom the other States, to give them precedence in addres- long known to the Repealers of America as one of the most ardent and zealous friends of Ireland, would occupy their ettention. (Tremendous cheering, which lasted for a considerable time) Mr. Walsh was well known to them as the editor of the Beston Pilot, (loud cheei ), a cause of Irish liberty, (great cheering.) Wa.rer Watsn, Esq. here came forward, and was re- ceived with tremendous cheering and applause. He com- menced his remarks by passing a high eulogium on the Boston repealers and their services in the cause of Ireland He next glanced at the past history of the Irish repeal agitation, and to a cursory view ef the triumphant pro- ‘ress of the Irish ‘monster meetings” He next adverted to the State trials in Ireland, and commented with wither- ing sarcasm on the verdict of the picked jury who per- jure c and his ‘compatriots guilty. The verdict was the base and diabolical result of premeditated design bya base and packed jury, from which all the Catholics and liberal minded Protestant were excluded. [At this part of Mr. Walsh’s address a large banner was brought into the room, on which was in- scribed “Jurors may be traitors, but the people will be a true! Repeal forever, and no sui ” i eee aed caine Soak cant ( render.” ‘The cheering | fully equal to the Russian or Sweilish at home, and these longed ] Mr. Walsh continued to review the history of the American revolution, and after paying a high tribute | read an extract from Mr. Cochrane’s speech on the debate to the leading actors in that glorious part of the his ory O'Connell, and concluded his remarks by caution- of this flag was immense and pro- of America, passed a glowing eulogy on ing the British Ministry mot to touch a single hair whigs,” who are called together by the committee | upon the head of that mighty man—that mighty Intellect— at National Hall. This is a forlorn hope, and tor- lorn party, at this time at anyrate. If the “ young whigs” had any old sense about them, they would perceive the propriety of postponing all distinct party action until their great man, Mr. Clay, comes into the field next fall. The people now, of all parties, are not moving for the election of a Presi- dent—they want city reform—they want a good police—they want clean streets—they want reduc- tion of taxes—and all such reforms. We would ad- vise this party, therefore, to make as little noise as possible, and keep quiet and cool during the present contest. The third party also comes into the field to- night, to wit, the great locofoco party, who have been for many years past ridden by a worse spirit —a more remorseless and cruel being—than the old “Man of the Mountain,” who rode poor Sinbad the Sailor to death. They have been under the whip and spur of a set of men who are well known under the name of the firm of “Slamm, Bang & Co,” and who have been battening on the plunder of the public treasury in various shapes and forms for years past, disregarding with the most insulting contempt the voice of the people in favor of reform, treating with insolent neglect all efforts on the part of good citizens to obtain just and efficient govern- ment, and only at the eleventh hour coming for- ward with a brazen-faced impudence quite unpa- ralleled, even intheir own past history, and claim- ing to be in favor of reform! How? Why, be- cause they propose to alter the city charter! This is their beautiful project for gulling the people, and retaining, for some years longer, the power to cheat and plunder ; but the people won’t be gulled. The great mass of the locofoco party—the honest, intelligent, independent classes—probably, two- thirds uf the party—are favor of reform, and will not be put off any longer. Their eyes have beeneffectually opened. They will unite with the new reform party, in spite of the “ talking to Buncombe,” and splendid promises, and old hack- neyed appeals about Van Buren and human rights at Tammany Hall to-night. These are the movements—the very important movements which take place to-day; and, as we will have our full corps of reporters present at all of the meetings, we shall be able to present to-mor- row morning a full and accurate account of the pre- sent position, prospects, doctrines and intentions ot the three parties now preparing to enter the field of contest on next Tuesday week. A Peep into THE FirregNtH WaRD LAST EVEN- 1Na.—We sent one of our corps of reporters to col- lect intelligence of the movements of the various parties in the Fifteenth Ward. He found the “ Re- formers,” or American Republicans,as busy as bees on a fine summer morning. At the Stuyvesant In- stitute they had a great and most enthusiastic meet- ing. The large lecture room was crowded and many persons thronged the hall and entrance. Mr. Savage was the principal speaker, and an excellent speech he made. He exposed in a very happy ani energetic manner the corruptions of both the whig and locofoco Common Council men—described their glowing abundant promises and their repeated and systematic violation of every pledge—and point- ed out unsparingly the flagitious plunder of the city treasury by Aldermen and Assistant Aldermen who obtained all sorts of contracts. He concluded by forcibly urging on his numerous hearers the neces: sity of vigorous, united exertions at the polls on Tuesday week next. His speech created great en thusiasm, and our reporter left just as Mr. Woud- ruff was called on to address the meeting. On the other side of Broadway our reporter found what was called the Whig Ward Meeting, in Constitution Hall. Phil. Mone upied the chair, and, inclusive of him, the door-keeper and the reporter,there were thirty-eight persons present Mr. Henry E. Davies was addressing this handful of people, and his speech ran somewhat in this strain—‘‘ Clay—Clay—Harry of the West—Con- necticut—songs—Waterbury—whig music—better than Ole Bull—Clay—Clay—Clay—Clay.” There was little enthusaism, and if that meeting was any thing like an accurate indication ot the real condi- tion of affairs in the ward, there is certainly some- thing very “rotten in the state of Denmark,” as far as the whig success is concerned. Of the locofocos no tidings could be obtained. There were two or three small meetings in small groggeries—but the speeches wouldn’t very well bear Teporting. And thus stood matters last night in the Fifteenth Ward. How wilt they be at mid- night on Tuesday week next? Can you make a rough guess from the results of last night's recon- noitre ? Connecticut Evrctioy.—A great deal of interest isfelt in the result of this election. On Monday, as we stated, we sent down some Teporters to pag verse the State for the purpose of collecting infor- mation previous to the election, and then the final returns, and transmit them to this office with the greatest rapidity. The first report is in thie day’s paper. It is likely, from the arrange- ments made, that we will be able to present the results on Tuesday morning next. To Dance, on nor to Dance Mr. Graham lectures on dancing at the Opera House this ave. ning, It will be rather an armusinggaftair that eloquent old man who held the destiny of empires in his hand, and Repeal was kept from Ireland there should be'no peace.— (Loud and reiterated cheering) The American Repeal- era would speak out boldly on this issue, and America would never withhold her sympathies—aye, or her ussis tance in any shape—unless Ireland received her full mea- sure of justice from England, by unconditional Repeal, and nothin after Mr. cheering. He commenced his remarks by giving a notice tothe Irish journals published in that country to desist | ter, appri from future commentary on the spirited action ofthe Re- pealers of America on the subject of Repeal, or on the tone | an He dared them totouch O’Connell, whilst but Repeal—(The cheering was immense alah concluded ) The Hon. Joax McKeov here came forward amid much of the American Press, in its advocacy and ‘publication of | on that occasion. ]— (Cheers ) hes delivered at the Repeal meetings. The Amer. andthe American Press spoke and acted id would continue to act and to 5] until peal was granted, and they acted upon thelr own re- sponsibility. (Tremendous cheering.) He next pronoun. ced a withering phillipic upon the jury who convicted | Senate. He (Mr. M.) believed that the history of reform O'Connell and his fellowRepealers; after.which he propos- fe vvane of {resolutions condemnatory of the finding of | rious importance than the rest—moments for action on the who convicted O'Connell, and concluded. Mr. Harvey Lancton then came forward and offered the following resolution, which was oarried by acclamation and thanderin 5 Resolved—That on the first of May next, being the day on which the Irish usually Nght bonfii in Ireland, that he Repealers of America DUrn Lu effigy the 12 jurors who found the verdict against O’Connell. ‘A Votcr—And the judge too— (Cheering ) A large amonnt of subscriptions were fore handed in amid tremendous cheering. and the reports of the diffe- rent Wardens were received, and the routine business of the Association in relation to the receipt of subscriptions was disposed of after which Hexny H Byrne, Esq. was {loudly called for and came forward amid deafening cheers. In his opening remarks he pronounced a powerful and withering attack upon the Irish jury who convicted O'Connell. ‘The verdict was an insult to Ireland—an insult to America—an insult to the nationsof the earth, that must be wiped means they have adopted to put down the agi another disgrace to the English government. violation of the freedom of vpinion guaranteed by the magna charta, and the bd will come when they will find even handed ji e ¢ place as the result of these wretched trials. Mr. Walsh. of Boston, viewed the histor: movemeut in Americt him to say any thin means resorted toby th the tation in i means adopted by O'Connell to Irish people had been thwarted ment—but I yy the base Tory Govern: 4 would triumph, for “On our side is virtue and Erin, “On their’s is the Saxon and guilt” Loud and vociferous cheering. ] _ Mr. Byrne here reviewed the course of the British Min. istry in relation to the trials, and wound up his address by fronouncing a high eulogy on O'Connell and Ire- land, for— “Tho’ destiny should sweep her lovely plains, Rise fellow men, your country yet remaina; By that dread name we wave a sword on high, And swear by her to live, by her to die.” s handed in their subscription as “ ver- me as‘ rope money, to hang the jurors,” others as “ soap money, to soap the ropes” A resolution was offered at the conclusion of the meeting proposi that the Judge who charged the jury contrary to the la and the facts of the case, and directed them to return 9 verdict of “ guilty,” be included in the hanging and burn- ing in citigy which fixed for the first of May next. It was carried by ucclamation. At the conclusion of the meeting the $Secretary ann had been collected, but it was utterly impossible for him to read the list of name: subscribers on that night. On motion, the meeting separated, giving “nine cheers for O'Connell” and “ nine groans for the verdict.” Captain Tyter’s Birta Day.—The committee who superintend the affair in honor of the birth- day of Captain Tyler, which takes place to-morrow evening, have sent us several tickets. We return them our thanks for this civility—a degree of ci- vility going even beyond that of most of the other parties. We have also, in return, the gratitying in- telligence 10 communicate that, unlike many of the principal office holders here, we will not be sick “‘by particular desire’ on that evening—at least we will have our representatives there, and endea- vor to give a full and accurate account of all the fine sayings and doings and patriotic toasts, and splendid speeches, on Saturday morning, in order to cheer the heart of the Captain, at Washington. preparatory to his making a desperate push for the Presidency next fall. Appropos.—W hy do not the friends of Joe Smith, the Prophet, also a candidate for the Presidency, get up a dinner in honor of his birth-day ? And, why do not the friends of Jas. G. Birney, the black candidate, do the same 7? Mapame Hev.nere’s Concert takes place at Washington Hall this evening. This new candi- jate for public favor certainly brings forward much to excite the most favorable anticipations, and to secure for her debut acrowded auditory. Madame Uellberg has studied with great diligence and suc- cess under some of the greatest masters, and natu tally possesses a voice of remarkable power and sweetness. The first piece in the programme “Com’e Bello,” will exhibit her soprano; the next her contralto, and the third, the celebrated Rondo, written for Malibran by De Beriot, ‘Nel dolce In- canto” combining both contralto and soprano, will afford the best possible opportunity of estimating the capabilities of her voice. The fair débutante is young and beautiful, which cannot operate against her success at all events, and she has, es if to ren- der inattention to her concert altogether inexcusa- ble, procured the aid of some of the greatest artists at present in the city—De Begnis, Wallace, and Barton. Wallace will play for the first time the “Carnival of Venice”—an attraction of itself more than sufficient to draw a full house. ranged by himself, But we need not say more. Take Noricr.- offered for the recovery of the lost Kentucky bonda, See advertisement Irigh Re- | Mr. Barton vill introduce two most attractive solos on the lute, and De Begnis sings “ J’ai de Argent” as ar- Two hundred dollars reward is Great Meeting of the Mechantes. A large and respectable meeting of the mecha- nics and tradesmen of the city of New York, was held last evening at Montgomery Hall, Prince-st.— The meeting was convened by public notice, to re- evive and approve of adraft memorial (prepared by a’committee appointed at a former meeiing) to be presenied to the Senate, praying the passage of the ill lately passed through the other branch of the legislature. OTR ‘here were several distinguished persons present, amongst whom we noticed the Hon. Judge Smuth, of the Marine Court, the Hon. Elbridge J. Gerry, ex-member of the legislature. ‘The meeting was called to order by Mr. James C. Monaghan. Mr. Baldwin was appointed chair- man, and Mr. P. D. Kensella, Seeretary ‘The Cuainman explained the object of the meeting, which was to memorialise the Senat favor of the State Prison Bill, It hau undergoue much opposition, not only onthe part of those opposed to at om principle, but by those whe considervd themselves injured by the altera- tion, ‘The worst of the arduons struggle was past. The Dill was designed to procure the estal fishment’of a State Prison in the northern district of the State, in order to employ the State prisoners in the manufacture of iron, which is now imported from other countries. He wished to say something, ‘on mechanics by th present. ‘There was nodoubt but it was inj A calculation had been made that in Buffalo alone the loss to the cabinet makers from this cause was $10,000. suming this calculation to be correct, which | doubt of, it would give for the city of New York a lots to the same class of $160.000 When it waa recollected that this was but one branch of the mechanics, and thatin every other the proportion would be nearly the same, they could form some idea of the loss to their body by the competition. Many, however, were sesetent of the in jury done to them, for not being favorably situated to ob- tain informationgthey took no part in the removal of these most flagrant and unjust abuses, which were occurriny under a free government. (Cheers) Although the bil should pass the Senate it might not give them the full relief they had a tight to demand. Should the State officers fail in their duty to defend the mechanics, one thing was certain, so long usthe present law stands, there was no prospect of relief, He was for sending the convicts to different corners and loca\ities of the State, that the cantractors may be deprived of the means of rob- It had been too often promised to be relied upon; the intention of the legisla. ture to 80 employ the convicts as not to injure the mecha- nics, has been repeated tor often to be relied on It should be borne in mind also, that the State, instead of benefiting by thateystem, was running into debt, and that, for the tora, Another thing would be seen by the report, clearly proving that the prisoners are, and will be, a burthen to the State. The deficiency of the State prison revenue was this year $61,000 He then read an extract from the speech of Mr, Suydam, in the House of Assembly; on the State , to show that the finances of the State Prison sinking with accumulated velocity; that that did not arise from miamanagement; but from the nature of the pre- sent law that the grievances of the mechanics were great, and the present mode of redress reasonable and adequate The Chairman then continued to say, that another thing was, that crime was increasing beyond the proportion of the ponuleinn It was proposed to establish a State pri- son in the locality of the iron mines, to manufacture that article, for which enormous sums ‘were now paid to fo- reign countries. This could not interfere with mechani: cal labor, while we had the means of making an article ities were generally considered the best of that arti- qual He then cle. That scheme was not a visionary plan. in support of the bill, and the great saving that would accrue to the State in a short time, even after going to the expense of building another prison. He hoped the rea- sons there submitted would be sufficient to satisfy even their enemies that the prpject was one of wisdom, even as regards State policy. He for his part, prepared to defend it on principles of political economy. Had it be come the Jaw last winter. Twonla have saved the State some thousands of dollars, instead of sinking, as at pre- sent, some $60,000 yearly, 'He hoped, therefore, that every gentleman there wonld sign the petition before leaving, thiht it might be in due time forwarded to Albany, in sup. port of the bill. (Applause ) Mr, Patrick A. | te followed.— He said that as the meeting had been informed that Mr. Suydam and othe: gentlemen would attend, he would read a letter of apology from him for his absence. (Mr. Moffatt then read the let- g the meeting of the necessity he was under to ge to Albany to be present at the discussion of the bill regretting he had not the pleasure of meeting them Mr. M. then continued to say that he was sure that letter was coreg nog and that they would accept it from Mr, Suydam, who, fike a trne and faithful servant, was at his post. He lost no time b being there to contribute to the passage of that bill, which was the most important to mechanics that ever passed the inevery country showed that moments arose of more se- part of those interested in those reforms. He thought that to-night was such an era, as regarded the interests of mechanics of this great State—(Great cheering) He could not be induced to think that it was want of feeling on the part of the mechanics of this city that prevented this room’ being thronged to-night Vet ho ronld not help cay: was the rock upon which they were wrecked. ttanded to the minor interests and neglected the greater.” (Loud cheers ) What, he asked, were they thus ossembled for? “It war for prompt action ; to speak ina voice that would be heard and understood in Albany” They had assembled to seek what? To seek what was their right; and it was a when a man must submit to what is wrong ‘hey wished that bill to become thelaw. And why did they think that bill of a0 much importance? Oh, if they were in Albany to see for themselves those" contractors who gorged and enriched themselves at the expense of he Mechanics—with all their energies at work, and using possessed of ingenuit ing din e, and something for what ? Why to baffle the passing of this Bill—or at events to accomplish their victory by getting it to sleep in the Se. ‘These were the men who fed on the honest Mechu- -—who got their dollars in thousands without ever toil g or sweating for one penny of it. They know the axe laid to the root laid the tree tishment on better principles than the pre He did maintain that instead of being a detriment to State, it would be absolutely a benefit, and disappoint the . should get the benefit of convict la- hor it was the State and that alone. (Loud cheers.) What they sought was justice; and that should pro- rect the interest of the mechanic Il as ither. But according to the rej wointed for that purpose by the Legislature, it w imetice to the State. On a former occasion a bil hrought forward on the matter, but it never passed the Senate. The present bill had the sanction of men of bu <iness—men high in the city of Boston—and they know that the eastern men are not visionary—do not move without some ground to go upon. It was easy for someto nake assertions against it, but he could answer all the ob jections. The geati ontinued at some length in support of the Dill a applanded by the audience when the report was read and received. ‘The following memorial was then prepared and read to be sent to the Senate of the State, in favor of the ible the Senate of the State of New York: igned Mechanics, of the city of New York ind vicinity, respectfully pray’ your Honorable Body te sonsider favorably the Bill providing for. the building o! inew Prison, in the northern section of the State. The principle upon which the Bill is founded, w ed to astrict_ and thorough exami missioner, selected by the State officers in 1842, who had received authority to make such appointment from your Honorable Body. ‘The Bill now before you was haved upon the Report of this Commissioner, was considered in committee, reported to the House of Assembly, and approved of and ps chat Honorable Body in 1843 Jn been. reported to the Hou 7 and again undergone a more rig scrutinous discussion than has been imposed upon any Act of our Legislature for some years past, when it has again heen approved and passed upon, by that Honorable Body and is now g your favorable action ‘The ti ‘mechanics would farther respecttully for the passage of this bill, under the® fi jurance, that it will eventually divert the laborof our state convicts, from all interference with the labor of any and all our citizens, it heing onr sincere conviction that the labor of the convict» ander the new law will interfere only wit. goods import ed, and such imported goods consisting mostly of the bes’ iron from Russia and Sweden, made by the convicts chief- ly of those con ntries. ‘The undersigned mechanics would, therefore, respect- fully atate to your honorable body that they are prepared to prove satisfactorily by experienced manufacturers of steel, that by the application of convict labor, the now useless ore lying Inour State, may be converted into iron 40 highly refined as to enable the manufactures to convert 3 of 160 dollars per ten; therefore with diffidence and aware of our linhility to be biassed by our own self interest. we lay before your honorable body, these our views upon this subject, but we submit to your wisdor: the decikion of this question as one of State policy, with ome of their fellow some objections that were made b mechanies to their proceedings hrother mechs « that we want to throw the burde: from our own shoulders to those of the laboring classe and on some of our fellow mechanics ; but if eny of tho persons wonld have taken the trouble to read some of th speeches that were made in (he Asaembly during the pas «age of the bill, they would find that t! groundless. The speaker went on to show that convict le the Union, particularly in the State of Conne now became the Iinperative duty of this meetin such action on this matter ax will compel the pass the bill, Mr. Peck concluded by moving @ resolu fore the Senute. Mr. Kinsella, th go, and the resoi Mr. Green, of Mr. Kinsella, to accompany the Chairman. Mr. Jous Dova' the protection of the mechanics of the city of New York sembly for the prompt manner they had twice respon’ were unonimously carried, Mr Morrir next moved a vote of than! herd of the Assembly for the energy and talents lave in urging the bill through the House of Assembly which was carried, Mr. J. ©. Mowxanas next moved that the marked than’ alto to hin tera had left, to give a correct report of the proceedings with acclamation. the same into steel, and thereby take the place of the iron imported from other countries, at an expense of upwards ant reference to the justice upon which we found the claims for ecial interest as one class of its citizens Mr. Prex said, he rose for the purpose of answering It is eaid by some of our ir objections were hor could never clear the expenses of the prisons,and tha’ ‘hat result was proved in many of the States throughow q tion instructing the Chairman and Secretary to proceed ‘o Albany and have the memorial and resolutions laid be. Secretary, declined to ation was then amended by substituting proprietor of Montgomery Hall, in place 1s next offered two resolutions, onv urging on the Legislature the passage of the lien law for and the other a vote of thanks to the members of the ae ‘o the wishes of the workingmen of this city, which to the mem dis of the moeting be given to the Editor of the Herald, and porter, for remuining after the other repor The motion wax seconded by Mr.Gneex, and passed The moeting, after come routine business, then adjourn BY EXTRAORDIVARY EXPRESS. “THE CONNECTICUT ELECTION. FIRST BULLETIN FROM OUR REPORTERS. ——_—_—_——_ Intense Excitement throughout the State— Strange Developments. Briverort, Conn., Wednesday, March 27. James Gorpon Bennert, Ex. :— Dear Sir :— ‘We arrived here this morning and took difterent directions to the various prominent parts of the State. The political contest isalready of the most exciting character and is rising like the steam of locomotive to its topmost height. Your readers are aware that the contest is for the election of a Governor, Lieutenant Governor, Secretary, Trea- surer, and Comptroller—also State representatives for the Legislature, and that it requires a majority vote to ensure the success of any candidate.— Chauncey F. Cleveland, the democratic candidate, has been re-elected twice by the Legislature, not having received a majority vote, and is now be- fore the people for a third choice. Roger S. Bald- win is the whig candidate, and Silleth the nomi- nee of the abolition party, all being the same can- didates that were in the field last year, at which time the following vote was polled :— Total,+:+ +++ +++ 25,501 27416 ses $832 Not since the Harrison campaign of 1840 has there been any thing like the furor of excitement that exists in this State “at the present period, and I should not be surprised to see 57,000 votes polled on Monday next. There are no questions of State policy before the people, and no movement has been made by Gover- nor Cleveland to affect his position except a recom- mendation to repeal the law imposing what is call- ed “‘the poll tax,” which is levied on every person in the State entitled to receive « vote unless he per- forms military duty. In addition to this, a tax is also levied on all personal property, as well as real estate. The farmers generally object to the repeal of the poll tax, as the consequence would be the im- position of additional tax on real estate to support the administration of government. On the other hand the repeal is supported quite ardently by me- chanics and single men inthe populous towns. This question will therefore be about balanced. Some little feeling has been attempted against Cleveland on account of his shelter to Dorr, of Rhode Island, but it will not amount to much. The contest may be fairly considered as turning entirely upon national policy, as the battle cry tor the whgis 1s “ Baldwin and Clay”—for the demo- crats, “Cleveland and Democracy;” and the aboli- tionists, “ Silleth and abolition.” The whig party avow themselves as open advocates of the ** pro- tective system,” while the democrats generally fight shy, but are busy circulating ‘* Woodbury’s speeches,” and “ Plebeian tracts,” which are ‘as anti-tariff as free trade can make them. The inte- rest of manufacturers is loudly appealed to, to sus- tain the whig ticket; and its eflect is already felt in many changes among those who voted for the de- mocratic candidates at the last election. _ The result of the election for State Representa- tives is made important from two facts—tirst, that one, and perhaps two, United States Senators are to be chosen, and, in case a Governor is not cho- sen by the people, thatimportant duty also devolver upon them. ‘Phe principle of State representation is not calculated to adduce the actual state of feel- ing of parties, as, for instance, the town of New Haven, with a, population of over 12,000, has but two representatives in Assembly, while, under the apportionment, other towns with not one fourth the population, are entitled to the same number. Each town is entitled to one representative, but none more than two. Thus it will be seen that, what- ever the result may be ao to the Lepiel. thes only test of the actual political complexion of the State will be from the vote for Governor. ‘The question of the annexation of Texas ha: also been brought into the canvass. The whigt avow open opposition to the measure, the object of which is to endeavor to draw off the Abolition vote, so as to secure a majority in the Legislature to elect a United States Senator. In fact, so far has this moyement extended, that I have been informed this morning that a secret under- standing is supposed to exist, or, at least a profier has been made by the prominent wire pullers of the whig party to the abolitionists to se- lect a man for United States Senator who wili openly avow hostility to annexation of Texas, il they will “slack up” their efforts and show thr whigs a chance for success. Should such be th result, the whigs will carry the State by a smal) majority. But, as Ritchie says, vows verrons. | Much feeling is exhibited here among the promi- nent and active friends of Henry Clay, relative t the course of the whig party in New York city op the new question of “native Americanism ”’ Ii has not been indoctrinated in this State yet, bu she, recent withdrawal of all opposition of the whig press of New York has induced many at listance to believe that the whig party are about tc inite with the “natives” on some of the candi- jates, or throw a part of their vote for Harper, for Mayor, in order to obtain possession of the city ind then claim a share of the victory. ‘The lead- ing whigs here, asI before stated, are in much tlarm at this movement, as they say if iv such should Eyre to be the result, it will certainly rause the defeat of Clay, as the democratic pres- throughout the Union will announce the fact as an lamgamation ot the two parties, and thus induce thousands, and tens of thousands of the adopted citizens of the far West and genial South to go all lengths to defeat the candidate of any party thus oined against them in the proscriptive crusade. There appears to be much in this single question to induce the whig party of New York city, in the election for charter officers, to be careful what they Jo, and how they do it. T have looked in vain to find any remnant or trace ofthe Tyler party, but find that the whigs have aominated Daniel P. Tyleras their candidate for Secretary. Tshall attend a large whig and also a democrat- ic meeting to-night, and give you full particulars of every movement to-morrow. In great haste. Yours, Cc. American Revustican Concert.—A grand vocal and instrumental concert is to be given at the Tivoli to-night for the benefit of the widow and orphans of the late Joshua Dyett. The object is highly meritorious, and the “natives” do not, itis to be hoped, need exhortation to do their duty. The concert is atthe same time an attractive one. Mais vor Evrore.—The letter-bags of the steamship Caledonia for Halifax and J.iverpool will close in this city next Saturday. Amusements. Cuatuam Tueatre.—-The new company here, the highest to the lowest members thereof, been receives with nnsparing approbation by crowded and fashionable iudiences. Mr. Winans, the low comedian, is without ception, in our opinion, the best onthe list of American actors, (and no country can boast of better) Not Gates or any other actor within our memory, could ever ap- proach the point of excellence on which he stands. style is ever “bound to please” Mr. Connor, in composed of @ drama of Gardener, Turning the Tables, with songs and dances lias Wood, Mons Brooks, and others, unees and ensation in the Bowery, and is are sore op in that neighborhood.gThis evening makes her first appeal at the Amphitheatre for the most original, funny, and obliging of all clowns, take his benefit, Seats may be secured at the box office. Ethiopian Minstrels. fore they leave. He hasfalso en attractions, with the Gipsey Queen. the new saving of the curious. Come and see! i OFTEN FATAL.”—Man: (tj “MISTAKES ARI , and neglect it sherman’s Worm worms are snspec worm desttoyer, Ur, Sherman’s war street. Agents—110 Broadway ; 1 Hudson ; 188 Bowery ; 77 Bast Broadway ; § street; 4 Ledger Buildings, Philadelphia, and 5 State street Boston ouse is A which is all in all the very best in town, has, from Xe Miss iRey nolds is an arch litte devil, and by her bustling naicr his line stinds at the head of the front rank. To-night the bill is he Robbers, The _ y Boweny AmenirHeatRE —The cirens perform- nestrian spectacles are creating a great sition to the ra, Herring. blished favorite with the Bowery and Chatham jes a splendid display of ring ar On Friday evening, the great Crimaldtof the ring, and a _ American Museum.—The Manager would in- form the curiosity and amusement loving, that this woek clones his present engagement with the unrivalled Those who have not heard these delightful melodists will do wel: to step in this week be- dthe celebrated Cole and his dog Billy, who do the most xurprisin; ene me, with U . Renew Wax Figures ind the wild Irish Boy are suificient to satisfy the most cappore a slight cough to be a trifle, 1 passes into consumption, and death follows. Sherman's ‘ongh Lozenges would have speedly remedied the Vorms kill thons se Ia not suspected. Dr specific. Trifle not—il to this celebrate? i The Paintings at Clinton dalle This collection is beyond all comparison the choicest and most valuable that ever adorned the walls of any exhibition-room in this country, and such as is rarely to be equalled even in the galleries of Europe. The greatergnumber of the paintings are from the gullery tounded by the illustrious Cardinal Bonvisi, of Lucca, whose munificent patronage of the fine arts will transmit his name to the latest times. There are ninety paintings in the colleetion, and of them there is notone which does not merit, and will indeed command the delighted attention of every artist and amateur who enters the room. The exhibition of such an extensive, varied and genuine collection of the best works of the most distinguished masters who flourished in the best days of Italian art, must indeed form an epoch in the history of painting in this country, and should be hailed with pleasure by al! who have the slightest interest in the progress of that divine art. We know that the public here have been so re- peatedly imposed upon by the exhibition of the trashiest and most worthless daubs, that they are justly suspicious of all paintings offered to their notice. But we are well assured that despite of this prejudice this collection must, ina very few days, be the rage inthe city. Every one who once sees them will be anxious to see them again, and to bring as many of his friends with him as he can. We intend briefly noticing the principal paint- ings, and with the view chiefly of calling attention to the merits and works of the great masters whose names are thus so agreeably recalled to our recol- lection No. 1. Aiveas, Vencvs ann Acnates.—By Piztno Testa —Thisis most admirable picture. The subject is the interview of Aineas with his mother when, in company with the faithful Achates he explored the country after the shipwreck on the shores of Tyre. The queen of love is represented in a hunting garb, and her flowing tresses and light robe are streaming in the breeze. There is an airiness and elasticity in this figure indescribably beauti- 1. The coloring is vigorous and effective—the grouping manifests a fine invention—and the accessories are mun- aged with great skill. Pietro Testa flourished at Lucca about the beginning of the 17th century. As an engraver, he stood in the highest rank, and his printe are held in esteem. His style of etching was free and masterly. |. ORIGIN or Conatn—By San Grovant—The subject is taken from the fourth Book of Ovid’s Metamorposes, where Perseus took the head of the slain Medusa, and laid iggon some] branches which, having sucked the blood, were converted into coral. This ture discovers a degree of taste and judgment not ‘always displayed in the works of this painter— ‘The drawing of the principal figure is fect, and the nymphs in the distance are painted with great Gia e tone of the picture is rich and glowing, and the light managed ‘with much effect. ‘This master, generally called Mannozzi, wus born in 1590, and was a scholar of Matteo Roselli, whose correct and finished style, however, he did not by any means adopt. The number of his works, although he died in his torty-eighth year, is almost incredible, and are to be met with in many of the churches in Florence, at Rome, and throughout Italy. 7. Apranam any Hacaa—By Giovanni Montant.—A valuable picture. The majestic figure of the patri- arch is drawn with great boldness and sccuracy, and the coloring is very effective. The countenance of the fair and geutle handmaid is beautifully painted, and displays with great power the contending emotions which agitated her at that trying moment. 9. Exorement or Hetxx—By Francasnint.—One of the first pictures in the collection, The quiet harmony of the coloring—the grace and spirit of the figures—and the ge- neral designings are perfect. ‘The expression of the op turned eye of the lovely Helen, as she is led away, is inexpressibly melting and impassioned. This painter studied under Giovanni San Giovanni, hut so excited hie jealousy that he was dismissed. He was also a great fres- copainter. Ofhis oil paintings, the present one and the S. Giovanni Evangelista, in the church of 8, Chiara, at Volterra (his birth-place), are among the best. ‘To-morrow we shall resume our notices of these admirable paintings. And in the meantime we say to all—go and see thetn for yourselves. “(G- HEAR A PATRIOT OF “76”— New Yorx, March 23, 1844, Gents :— following facta | am about to detail :—Having suifered for with a severe congh, and latterly attacked with palsy, have used your Compound Hoarhound Candy, and do sa; liative and curative powers in cases of that kind. 1 aw now 81 years of age, have fought under our own glorious Washington,” and in the evening of my days, when the sun has almost dawned its last brilliant ray on me, I,with- out hesitation, pronounce your candy man family. With my many wishe: SAMVEL MAGEE, No 43 Eigl To Messrs. Ps.ase & Sons, 45 Division street. «das strong, in ax large bottles, and as good as any other article in the world that sells at one dollar,at the low price of 60 cents per bottle, $4 per dozen. «ll other preparations of Sarsaparilia ly proves its efficacy without lookin; rence in price. We know many think thi xo low a price, is not so good perbottle. At 21 Courtlandt street. RICORD’S PARISIAN ALTERATIVE MIX TURE—For the permaneat cure of primary ‘or secondary syp' and all hipaa ad pres of mercury. ‘This powerful alterative should be used hy all persons suspecting a venereal taint in their (rom former disease. It is warranted to remove all impu rities from the blood. Sold, in single bottles, $1 each ; i sases of half dozen, $5, carefull: ked, and sent to al parts of the Union. Office of the College of Medicine ind Pharmacy, 95 Nassau street. W. 8. RICHARDSON, Agent. = nedicine venders. sot better, At 21 Courtlandt street. 50 cents. THE INDIAN VEGE cure, We would advise all who are afflicted with that dis. ease to go at once to 21 Courtland street and get tl re medy, which is warranted to cure any case. From the St. Louis Republican Its efficacy onderful. It from corns, and this will nau’s, 183 Broadway; Dr. Cl 581 do; Rushton & Co, 10 wichst. Examine the Xyolographic a great relief to it bels. ” PILLS, for the radical cure of Gonorrhea, Geet, and ali mocopurulent discharg from business. Price $1 per box. of Pharmacy and Medicine, 95 Ni 4 W. 8. RICHARDSON, Agent. medicine venders. Headache, either nervous or bilious,and a certain cure for Dyspepsia and Indigestion. “The blood the virgin’s cheek forsook. A livid paleness s reads o'er all her look ” prepared by Dr. Felix Gouraud, will quick the roxes to your cheeks,and so clovely imitating nature a to defy detection, and immovenble by rubbin; 50 cents per bottle. fy "HA! OONERIL WITH A WHITE BEARD. This graceless appendage of the ungrateful daughte: of Lear had perhaps no existence,save.in the diseas gination’of her distracted very ingenious commentators, left us in profound doubt. Bet significa Where cheeks are made for it is th ment of cruelty to allow their smoothnes To be had at the old established office, 67 Walker st, door from Broadw bottl 0G- PRIVATE , Al Al Th the New York tiny, of Medicine and returning the public thanks for the liberal support the; directed bra egy abd ry lately made in the princip pitals of Europe in the treatment of those diseases, the ‘an confidently offer to persons requiring medical aid ai vantages not to be met with in sountry, either public or private. tollege’ is such as to insure success in every case, and vers of the College for nrany irincipal hospitals of F arope, ion from 9 A.M. toS P.M. Iuportaxt to Country Invarips.—Persons Uving i he country and not finding it convenient to attend per onally, can have forwarded medi vontraction and treatment received elxewhere, if en: d enclosing $4, post paid, addressed to oa : PAW. 8. RICHARDSON, Agent treet, I consider it a dnty to make you acquainted with the anumber ef years with an asthmatic affection, attended without hesitation it is the best reneay, extant for its pal- blessing,to the hu- {ig- COMSTOCK’S SARSAPARILLA I3 WARRANT- It ‘has repeatedly cured scrofula of twenty and thirty years standing, after has failed, which ful- at the ‘wide diffe: is article, sold at as thoae that sell at one dol- ‘ar per bottle; but if people will let prejudice run away vith tuem we hope they will go and pay one hundred per sent more for an article not so good as this is at 50 cents by an improper use tem N B.—A liberal discount to country practitioners and (Gg IF YOU ARF. BALD, OR BECOMING SO, USE the genuine Oldridge’s Balm of Columbia, and you will in afew days have as fine « head of hair as you ever had if ‘Also, Cologne Water and Bay ;Rum, quart bottles, price ‘ABLE ELIXIR AND LI- aiment, for the Rheumatism, is a certain and permanent usin ASTLEY COOPER’S CORN hatver 1s the only thing that can be relied on fora Pega bara PROFESSOR VELPEAU’S CELEBRATED from the urethra. These pills are guaranteed to effect a permanent cure in all diseases of the urethra, in a shorter time than any other remedy ever brought before the public, without tainting the breath, disagreeing with the stomach, or confinement beds the College ati N. B.—A liberal discount to country practitioners and 0G DR. SPOHN’S SICK HEADACHE REMEDY from 21 Courtlandt street, warranted to cure any case of OG-THERE [3 HOPE FOR YE ALL, PALE-FACED ones! The exquisitely beautiful Liquid ML ates Rouge, y bring back with a handkerchief or linen cloth, To be found only at 67 Walker street, one door from'the corner of Broadway.— ima er, thongh, on this point, the ingularly enough, «it may, the most allant gentlemen of the age cannot but admit that on the fair fac f the or ex too frequently is seen an approach to what delicacy along forbids to denominate by the me of * ” «Tt ie too true an evil” very refine nd sheen to be e members of Pharmacy, in have received in their efferta to ‘ suppress ‘quackery, holders of the port notes are beg leave to state that their particular attention continues to all diseases of a private nature, and from pal hos- any institution im shw ‘The treatmont of the otally different from that ern cies practice of ruining ‘he constitution with meroury, an. in mortcases leaving 1 disease much worse than the original. One of the mer ears connected with the tends daily for» consultn Terms--Advice and medicine, $6 A cure guaranteed to them a chest containing on requisite to perform a perfect cure hy stating heir case ‘explicltly, together with all symptoms, time o! Office and Consulting roow rt the College, 95 Nassen Og- CONBTITUTIONAL DEBILITY CURED —The Fs by the of Medicine and Prarmany at there ew fort for all cases troduced by secret in| com: rr f debilit: juce sec! { Sulgpoce or excess clany kind. Tels an invaluable weme. dy for ii 'y, or barrenness (unless depend ing on mal-formation, Single bottles $1each; cases of balfadozen $5; care- fully packed and sent to all Ritts ofthe Union. Office of the College of Medicine and Pharmacy. 96 Ts ~ ong Ww.3. RIGHARDEDN, Agere. 4 modicine venders, ee ae DALLEY’S MAGICAL PAIN EXTRACTOR Salve will cure the following complaints, or the money will be returned. Burns, Scrofula, Biles, Cramp, Cuts, Piles, blind and bleeding, | Stabs, Felons, ‘Wounds, and Rheumatism, Old Sores. Sere 5 If H Dalley be not written with @ pen, on every box, avoid it as ison. Buy at the New York Agency 67 st store from Broadway, not at the corner. . Kidder, § Court strect, Boston; Guthrie, EVERY DAY PRODUCES SOME GRATEFUL individual, with a certificate of the wonderful cures De Gouraud’s Italian Medicated Soap has performed in cases ofscrofula, salt rheum, blotches, pimples, and wll dark, jg sallow discolored skins. Mr. Henry Bartholomew, of 170 6th Avenue, war cured of a severe eruptive face, after neing two cakes. Ladies, with freckled and spotted skins, will find it'the best and quickest remedy for blem- ished skins they ever used, Be sure and get the » sa Walker street, first store from!Broadway—o0 cents a cake, CONNEL’S MAGICAL PAIN EXTRACTOR frem 21 Courtlandt street, will eure any of the following complaints, or all pay is seheed for it, viz :— Burns, e rysipelas, Salt Rheum, Sore Eyes & Niples, Rheumatism, Chilblain: Piles, Felons, Piles, blind & bleed’g, Eruption Fever Sores, Chafe, Chops, Barbers’ Itch, &c Remember and get Connel’s only, a8 four times cheaper and far better than any other. If %, one is foolish enough to prefer Dalley’s they can have it for 26 cents, warranted genuine, at 21 Courtlandt street. ‘THE CONCENTRATED EXTRACT OF SAR- SAPARILLA, Gentian and Sasafras, prepared by the New York College of Medicine and Pharmacy, established for the suppression of quackery, ‘This powerful, extract, ee by scientific and medical men, will be found in finitely superior to the mixture sold by denggiste ‘as sarsa- parila, who are totally ignorant of cinal proper- ties of the roots from which they make the extract. In all diseases arising from an impure state of the blood, such as scrofula, salt rheum, ulcers, chronic rheumatism, pimples orpustules on the face or body nodes,pains in the bones or joints, and all complaints ? from an improper use of mercury, this extract wili be highly beneficial. Sold in single bottles at 75 cents eacn, cases of half dozen, $3 50; do T dozen, $6, carefully packed and sent to all parts of the Union. Office of the college, 95 Nassan st. W. 8. RICHARDSON, Agent. N.B. A liberal discount to country practitioners and medicine venderr MONEY MARKET. Wednesday, March 27—6 P. M. ‘Thestock market to-day exhibited an increased depres- sion. The sales were quite moderate, Canton declined i per cent, Mohawk }, Harlem 1, Norwich }, Indiana }, Minois }, Farmers’ Trust }, Vicksburg 1, North American Trust 1; Paterson improved } per cent, Stonington }; Long Island, Ohio 6’s, Pennsylvania 5’s, closed firm at yesterday’s prices. There were no sales of Kentucky 6's ; Western Rail Road was offered at 63, but the asking price was 64. Movements in Wall street show considerable anxiety in relation to the result of the Texas and Oregon questions, The effect on the public mind, the agitation of the subject of annexatien produces, must prevent any per- manent advance in’ securities until something more deci- ded makes its appearance. The Caledonia, at Boston, from Liverpool, brought out $150,000 in specie. . ‘The receipts of specie at New Orleans, on the 17th inst. amounted to $47,147, making the total amount received for the season $5,108,963, The money market is becoming a little tighter. ‘The banks have advanced the rate of interest on discounts, but it can be obtained in the street at a less price than offered by the banks. The quarterly-report of the banks of this State comes along again in about four weeks, and they begin to put their houses in order to go through the.ope- ration. The loans in stocks are yet very large, but loans of this description are placed on the books of the banks as discounts, consequently they are mingled with their regular loans, and it appears in the returns as though the amount appropriated to stock operations was compara- tively small. One dollar bills, purporting te be ofthe Farmer’s Bank of Morylena, at Annapolis, are in circulation. The gene- ral appearance of the metee ia geed, and well culculated to deceive. ‘The Boston Money Market during the past week has experienced the same fluctuations that have charac- terised this. An improvement is noticed in nearly all descriptions Sales of Western Railroad at 63}; Reading 22}; Norwich 37j. For Lowell 24 advance was offered ; Maine 4; Concord 22; Fitchburg 1]; Worcester 16 ; Eastern 6; Auburn and Rochester 4; Portland is held at 88, and Charlestown Branch at 78}. ‘The Waltham Manufacturing Company have declared a dividend of $40 per share of $750. A few shares of the Merrimack Company sold at 30 a 31—a fall of 6 a6 per cent. Manufacturing stocks generally were rather quiet, ‘The attention of Eastern capitalists ie turned principally to railroad investments, and they are continually propo- sing new reutes, or improving those in operation. ‘The amendments to the constitution of this state rela- tive to the state debt and liability, as they passed the House of Assembly have been also passed by the Senate, nem. diss. 5 The decision of the Vice Chancellor in relation to one of the trusts of the No:th American Trust and Banking Company, known as the Talmage and Noyes Trust, will not have avery important influence on the valne of the original stock of that company, as one part of his decision annuls the advantages of another The foundation of this decision rests upon one single fact, and that is the ille- gality of making the trast to parties unauthorised by law. The Free Banking law only authorises the deposit of se- curities with the Comptioller, for which they were to re- ceive notes payable on demand. Instead of placing secu- rities with the Comptroller, they made other trusts, and instead of notes payable on demand, they were made pay- able on time. Although the officers of the Company say they did not intend to give effect to the circulation of these notes, still they are respunsible for the mischief which might ensue, if they did not guard against the abuse of the law limiting the circulation of them to per. sons willing to take them as security, or take them in pay- ment, and who might take them with a special endorse- ment. The special endorsement would take from these notes their character of a circulating medium, and there- by prevent the inflation of the currency, which the law creating the institution wisely prohibited. Various legal methods might have been adopted to have made loans, but the course taken comes immediately under the re- straining act ofthe law. The circulatien of post notes, through this State, is expressly prohibited by a legislative enactment, and, for the more rigid observance of the law, it is declared that a violation is a misdemeanor subject to fine and imprisonment. The object of the billin this cause is to set aside a trus, deed or assignment, purporting to have been made by or on behalfof the Nertn American Trust and Banking Com- pany, on the 1éth of December, 1840, to the defend secure the payment of eight hundred post notes, amount- ing to $600,000, four hundred of the notes being for $500 each, and four hundred for $1000 each. At the foot of each note is amemorandum stating that ‘‘the payment of this obligation with others, amounting in the aggregate to $800,000, is guaranteed by the transfer of securities, erti- mated at $890,000, under a deed of trust, executed between the Company and Henry Yates, Thomas G. Talmage, and William Curtis Noyes, trustees, beoring even date here with.” ‘ ‘The conclusion is, that the issuing of these notes was illegal, and expressly against the law regulating the busi- ness of banking in this State, and that an injunction be placed upon the property held in trust, for the benefit of the stockholders ef the Bank The Chancellor, in this de- cision, does not state that the holders of these notes cannot be allowed to stand as creditors of the bank, but says that r ” r obscured hee tad pao tna at to hain an | it may be that, ax bonafide holders, they may be allowed enemy, while that potent exterminator, Gouraud’: dre ition aa other honest creditors, in the id to rid f lete: to hold the same pos i: ‘olbe ad atthe old eatabliibe afce, oT Walk ant | closing up of the affnirs of the bank. ‘The decision re- garding this trust may be used as a precedent in all others, but we do not see that any material benefit can arise from such a disposal of the subject, it the allowed to come in on @ par with other creditors of the institution. ‘The securities transferred were estimated to be worth about the amount of the post notes issued. These seouri- tins have depreciated a great deal in value since they were transferred, while the face of the notes remaina un- is | altered. The same value is represented on the bills 4 when they were issued, The whole thing now hinges upon this contingency—" Are the holders of the post notes logal oreditors of the company 7” Ifthey come in with other bill holders—it they come in on a par with all credi- tors, we cannot perceive that the stockholders feceive the | slightest henefit from the decision of the V’ 6 Chancellor. 1 | This stock fell off in Well street to-day, and sales to some extent were made. The final winding up of this institu. tion isa great way off, and in the meantime the assets, 'y |now inthe hands of so many individuals, will, by depres ciation in value, and extravagance in use, become dwin- dled down toa very emall amount, and the probability is, judging from former cases of n similar nature, that ater