The New York Herald Newspaper, February 18, 1850, Page 1

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“om it before such should, of the subject matter. th: -eonviction and an undou! ile overt ‘@ontrary to the oan be'clusse iro Piret The i; ‘to the old history of Only tbe historical fact is misrepresented, but a'so the tions therefrom derived p:eve false: for instance, e of Ferdinand, brother of Charles V.. was the Hungsrians after the fatal results of ‘the battle of Mobacz, tn order to find protuction ‘against the Turks, through « landless and pennyless b igen then potpess, So expesteijons merely; pat marriage was ferveotiy desired by Uharles V. an Ferdinand. Many intrigu te-obtain the acquiescence of tue Hungiriaa and 5o- as that of the pateraal uncle bride, Sigismund |, of Poland gthened by this marriage, but by it Aaid the true foundation of the greatness obtalned 0; house of Austria—this line, of which was exeeediagiy t, inasmuch ae the hereditary States of Burgan ‘the marri: ‘Rot sought poop lew ay Ses st ott by the marriage of the Eerip autre iH ial i Spite Fe ‘ Sf i The Politics of Europe. TRE . Mn. = HUNGARIAN QUESTION. Sania “ado arte tragedies which it the old world during the last | HuiStuderecatuos Hungary occupies a pre-emi- | question, whether ‘as well om account of the chivalry and ze to Gisplayed during the time of the struggle by | o¢ Sat fost and right, ¢ }, 8 also on account of the numerous results | can re: ¥ ‘Which itsend, in its present state —without even lifting | siderations, ete , ‘the dark and hesy veil of the futare—will exert on ‘the affairs, and, in @ short time, on the geographical ponfiguration of some of the States of Europe Thus the Hungarian question is the most complex b ory Lapua mad eonsideration of the his | in ft statesman, or the philoso, Ekinice. ‘Vor there rearoae Wuay deeteias ® public es that of this great coun- think, do it with thorough know. ereby acquiring a oti ied good faith inthe The question itself must be aiso relieved from what, side, too much of generous fervor y ;@nd onthe other from every false 7. under which, only too eften, bed iteel! title, “The War of Races in Hun- ite di in ington, but e jackal or a vampyre. that battens ite crazy ¢xistenos, Austria, house of Hapsburg. like those necromancers of Jable, bas drunk deeply of the purest a . or more rightfully foation, the la generous blood of Magyars, Germans, Sclavo- nians and Italians. will not support this ber her. Ere # quarter of # century ehall have elapsed. this boure will sink to the own eadaverous weight, ap object of kind. Austris bas violated all the laws of history—she must perish for it. Convulsive exertions are no prool ct life, strength, or vigor. The expedients by which rolongs ber existence are not vesmanlike measures or those very world's history, article, and thus = of Austria 1g else ean be dove. then. save te forewarn the against the credulity by which the respectable loan reviewers were influenced or carried into “thet mass of errors—which to remove would put ia re ntroversy aud proofs, as dies of Augeus by Surnlng up und beneath its shame to all man- ion @ whole stream of ‘grent and salt Only the short-righted, quainted with events in the obeated by thore deoritful ap- pearanees of Vigor and life. Onee mere: mt generation shall have a grey hair on its head, either the present Austria will exist uo longer — phecy—or Europe wiil be buried in A bankruptey. es well policical as ‘aphical. 1 the speetacie to which, in a short time, Austria will invite the world. Like the flying Parthian of avtiquity. the overwhelm. €@ and down-trodden Hungary discharged egninst each of her enemies, tiia and ere long will thrown at Russia Wil! fu that article—assertions ‘as well as to the present events — erable errors in quotations relating the Hungariaon Thus, often no: remember the bastern deepo' One of them str prove deadly to ber course of this century, prove equally fatal in more to her frame of granite. were resorted to, in order ‘ympathize with, and believe in Austria, one themsvives to tardy re- th and common but, at least. for t! limes hoids hituaauif ready, . One by One, every as: and’ by oral o: labyrinth of errors the Re- roceed from the information, and Gircussion to prov. vue has been involved. Thi sources to which it has looked tor those are of a most suspicious characte Deve Mondes, rously in Germany, and assuwe a kind of baceat for aimost three centu- webrated 7 tu fetiz Pep aiiaast powertal merely | the tem years preceding 154%. pro: straw the lebbies of Louis Philtope, Seine a the mean servants attached to the Tuile- Occasionally, in order to give herself an lependence, she amused herself from time to tle revolutions, Thus. during lirted aleo on the one side with Cf the Sclavonians, on the other with er countries she courted the governments, or coguetted with revolu- Uonary oppositions, eccordin; in Europe were more favorably received by the one or Thue, years glided smoothly on, and the articles of the review served an a rtepping- | many of its writers, as L’Herminier, Ros | Weimar, &e , trom which, to dash into affairs of state, arrive at eminent posts, and secure for the nselves | awe was legion. the master out of tl the servants from the ' Mr Bulos, lost during at least wed onthem through —Ferdiaand muerried the Ha! bs year 1631, that he @ecended the imperial thro ‘@n example of the manner in wiion ih» historicai facts | presented and misunderstood ngs aud dedac- marciage anti the last wipeties. it as not the Hun- y bound but, oa the eon- My bestowed favors aud obligations o9 the Thisis | that something for our mails in thi 1 88 her commis voyageurs the other party. 3 positions, vents of 1648 ha: nce. kicked and is and avenues, the proj bis pensions and sineeures; and the bulk of the wri- | ters elso forfeited their positio: rome of eecretaryebips of embassies especiail: them. To this latter class belongs Mr. Lavgsdorff; | the other two, DeGerando and Desprez, being only bi ful rising ones. Here we are to look for an expla | of Austrian sympathier, and for the hate of eve onerous even at the expense mt state of turned out, they thie Kind, there a: found others eon. events occurring from 183 to 1548, and then pprebension of facts relating to che to the end of the war | sucoveded esch other wicn the rapidity of Every one of these events marks, it may whole era or ¢ and ramifications by itewif as well ns by ite To exhivit the whole con would require time aod volame:; for, . that the iat two years were centuries of existenc:. ia thuir tafluence upon nation shaken by the tecribie ¢ rap! reason. it is also impossibie to the full speed of a rider ov the steeple chase, gentiomen have done who served as the American reviewers noble, lefty and | Peor fellowat | worship even such” | Windischgrate, | They and their rican echoes. created Jeliachiob a | hero, or at east a ebivairous and able commander, and trict whem the a | traying to the house of Hapsbourg the confiding countrymen— betraying ¢ ® | Scluvonian race— has nought in hi Personal appearance; ap | the pieturesque of bird fh f Gut even facts of | @ Sclavouian pasted by io silence —fact: y of the tremend apd bloody epis de. is said respreting (de oor Diet of 1848. where tae Bohem® Selevonians form~o ecompeo: phaaax on tue ight, waiting and under i E i i an ‘war Of races, from the p toy of bis and the Save, were continually glorious defeats. in battles foug Uroope against 12,000 Huvgaria pote, be was ever defeated often with 40.000 Where be showed bis facts of equal weight are omitts eesign: he truly learned public it wae honored wit! writers— unripe piekers false historiosl potions, ew people and tribe their rectiteat a afew more examples, will the best i/lustration of the whoiv tues, Ms ONS ot Lhe pivots of ith reason. ings the constitation of 4tn Vi to this document the review proclaims that th- tribes bere am equality of rig’ an inviolable rignt to preser: iter of these lines—bimesif onee an active but linked mow by the oath of alleginnes to rious republic, where he fervently ee to find ® fatherland, and flew ma vellous tte © deciartay liever himrelf to tional bate Morey fueh sentiments dis- bumae uoderstand- appear touching thie boly ia | ing, healthy common renee. and liberty-= country destinies and Providential mission are the joftiest known im bistory, or that have ever been as- tigued to man This is the | true idea of bomanity And it is obtained here, where 4 nationalities melt end jer the large rule of haman understand- bere such enmities are forgotten and extingaish- ral fretermity And this highest to mankind by the great —this coun'ry, and ite mighty, aree practioal and i ad | c. G where wiih Dees aod animad- The proofs ars to ering the veer 1849, and ngs to this country mews of french om the part of the more quieti e, Palncki, a favort by other protestations in Ag: all » gh 4 Povalous greeted aluort every yersious asim Piagu: be found everywhere, every steamer bri acticel realisation of the the differences of races i breek out tm threatenings | who created— so to catastrophe, mote horrible than ebivalrous Hunger $ Apa all this, at ising fo highly juriug for it the mort happy results, be acoounted for this constitution is & peridious gift of Austria, | 1 Bolavonians were foon mware that, ander ite libe ‘J Operations. ‘The Pcstmaster General has established the f offices for the week ending February i oguage that govern- Telations even for their Scla- —tendeveies by wbich the Sola- the mest exasperated, and whieb at Agran, eg Aye have at tna: time by the progress ) exolted and pitied against Viagyariem The above mentioned souativetion, of 1840, was like purmenicht. of Gortar, whieh, @ brilliant and fresh rind contaived ashes and tweens the Lam’ deovtved even ew, then, exuret that the ore tf apples of the Wai i Hi Dave leaped with both feet but the great and + of course be also misied, credeilty af” writers and : French seribbiers for the must be piereed ond torn 4 Pt eas t . that the Hunger car did not asstors osere: $ > f= , but of the Hemyarian Solnt Stephene as ) ttl he took NAMKS CHARGRD. county, N. ¥,. mame changed to county, Temn., name changed “ Texas Vi hd to “ Cottage ‘ai Our M@issour! Sart Joszru, (Mo.) January 22, 1850. Preparations for the Gold-Diggert—Arrest of a | Fashionable Balle—A New Movement—Opening! of Canal Potawattomie—Jail Burned Down—Escape of Mulholland, the Cownterfeiter— The Maus, §c. The period is rapidly approaching when this town will be again overrun with the hordes of “ gold-diggers,” who make it their rendezvous to takin, the | of h the lene fo the modern der El Dorado. Everything betokens an early sering 5 and, almost before we cam be aware of it, w: they sweep down upon us like a et Cumanches upon a herd of start led buffalo. A few seasonable hints to those who intend making this » Council Bluffs, or Inde- pen , the sta point, may prove not un- acce| a rants on their arrival at either of these points, will find everything ready for their recepuon, and for out-fitting them properly. Both this place and Independence are better prepared than last year to receive them—though expect- 1g a a derable io’ neither oe em were en tu prepared for the realit: Since then now bevels have been built, and al gone into operation—lerge and extensive stores have been added—whilst, to supply any deficiency. of cattle or mujes in the market, they are being colleeted together and driven here from Arkansas, Ihnois, and Iowa. It is probable, from present appearances, that the price of cattle and mules be higher here than last season, owing to the in Made yy the stock to supply last year’s emigration. Everything else necessary to com- pletethe emigrent’s. outfit will be sold lower than lost year, the competition being greater. The Frontier @uardian, the organ, ot the Mormons at o Bluffs, advises all persons who intend meking that place the starting point, to bring their eettle with them, asthe Mormons will need all they have in moving themselves to the Salt Lake. Numerous, passenger and freight trains are al- ready advertised to start a8 soo! there shall be a ufhiciency of grass on the plains. One will start rom this place, and another from Independence, whiist @ third (the Mormon passenger and treight line) will Jeave Council Bluffs. Throughout the Fae and summer it is contemplated to keep up these lines, and the trains will start at regular ia- tervals. What people in the world can compare with vs Americans, when a trip of two thousand miles across the wilderness is looked upon as a mere holiday excurmon, and old “grey beards” expect to see the time when the steam engine shall rush, snorting and puffing, across the great western plains and mountain! a Yesterday, one ot our citizens was stabbed, and dergerously wounded, by an Indian of the Pota- wattomie.tribe The Indian was promptly follow- ed into the. territory ot the lowas, arrested, and lodged in. jail, to undergo an examination, Last light, fhe fail was tired, end burned to the ground, by some pereon or persons, and several criminals confined in it made their escape—among the reat, a daring and notorious horse thief. The [ndian, however, refused to escape, and to-day underwent an exargination before the authoriues, which, to the great joy of his forest brethren, who manifesied much sympathy tor him, resulted in his being set at liberty. Lately, noted manufacturer of bogus money, residing at Council Blufis, among the Mormons, was arrested for counterfeiting, but made his escape. The press used by him in his operations was captured, and 18 in the hands of the officers. He was, perhaps, the most skillfal among the notorious gang of counterteiters who have so long infested 1 ea part of this State, and has pve 's passed here under the name of Mulhol- jand. Cannot you induce the Postmaster General to do i is part of the West t Our Albany Correspondence. Atsary, Feb. 12, 1850. Independence in the Legislature—The Great Question of the Day—New Political Paper—The Northern Bridge Question. ‘The only real, bona side, straight forward, representa tive of the people, in the Legislature, is Mr. Monroe. In the ditcusrion which hes Beem hed Guitug tue pact sew deys, Mr. Monroe bas stood up, fearless and firm, dauntless and free, contending for the rights of the North and South upon the of the constitution. Of course be is not popular—that is, he is not fawned upon, flattered and courted by either whigs or democrats —becaure be steers bis course ander the broad light of the conetitution, not turning to the right or left to win favor, or to avoid coptumely. It ise. apectacie, im this day of party slavery and eervileness, to witness the tow t- mae. oS : eae m7 when, regardless of mere party favor, be whole commonwealth to tna bis obligations as a re- prereptative of the people. How vy the porition of Mr. Gotl!—s man of but full of party spirit; who, 1 quarters of em hour. used the to slaveboléers,) “inferpal robberr, dred times ; and in by bin, ly as stitution,” &e. And of his is becoming disgusting even Sey ave created in'rdaden tothe remark. in reJation te the ebetition ultra members,‘ they entirely the matter, aud we shall be worse seer bo ey? wever took hold of the subject” t t trl s ‘There are ‘t few neo in the Semate and Assembly. ot the olden rtamp of patriotism, who cannot be coax or drivem into the su; of the modern stamp of patriotinm, which, Seward like, would, buy a few votes, At the cost of the harmony of the national contederasy, You may rely upon it, Mr. Editer thousands of men are at thie time pondering in their hearts the great prac tical questior odered Decessary by the rigns of the tH What shall be done to rave our country from the Cangerour, reckless ultrs political leaders of the parties ’ ‘The whigs who hare been drawnj slong by the mesmer- Fourlerisem of Horace Greeiry, or temed into ter by the dogmatism of Weed, are beginning to feel sore in py which bind them, they are casting about reltef. mored here, thata mew paper is soon to be nder the patronage of rome of John Young's friew ded by Mr hry (and by Governor Firb, also) with ® capital Several ay tioned as editors—amon, , Of the Rorhester stmerican; A. H- ‘of the Senate; acd Jerome Fuller, lave ie le tal Sepater cf th re Ing is as " Btate election will riguta in polls rm Ward smith. Sprague, Townsen ‘Wood, Weodrell, You > ha he third revolution ( ve to remunerating the X.clanteete, thelr dows, end ebildrep) was adopted by Ley ‘waren, Beis Ware ‘Smith, Van Oe tom, # or 1b. ah ig, Bie. pede - on eet er tit ‘wring, Wuniow, vodro®. Yara, Young. W.8. Shap MR) ce Meeses, Bacon, Cady, Golf, Von Morn, and Wart—& Our Philadelphia Correspondence. Preapetrmia, Feb. 17,1850. Navigation—The Markets, $c. It was Davy Creokett, 1 believe, who told his asto- nished constituents that at Washington the members of Congress dined at five o'clock—cabinet ministers at eight o’clook— and foreign ambassadors at ten o'clock | ip the evening. And on being further asked es to the Prevident’s dinner bour, replied, “ 0, he don’t dine till moxt day.” Our agonisingly exclusive familesare de- termined not to be outdone even by the past perfor. mances of the lamented old obief. A really fashionable bail (private, of course,) is} now given at bigh noon. or about the hour when the bulls” and‘ bears” ef the stock market first meet in the day for their murderous bole The rbuttere are closed, the gas let on. and beings. supposed to be rational. and weari: the habiliments of our fellow citizens of the male an female sex, remain in the parlors, danci: foclipg uptil sundown when the hired waiter an- nounces that the © set d ”” supper is ready, This % any) an rigor bees nt over hang boy order of 6, a8 it prevents atpiring parvenues from commit ting the ein of imitation. ‘a ‘he Cana) Board bave determined to open the canals of this State on tbe 7th of March next, some eix weeks, perhaps teo wonths. in advance of the opening of tbe | New York canals. It is quite possible that a cold euep.® oF 0 Terereetiog freabet in the Juniata and the two eo Susquebannah. may slightly inter- fere with the calculations of the Board Pats Subseriptions are shortly to be taken up in this city for the reliel of Dr ‘Thomas Dick, the celebrated Chris- tian philosopher. Mr Biddle, the publisher, will off- ciate as treasurer of thefund The example of our city im this matter. shouid pot be lost on New York. The market for breadstutfe continues inactive. The tales are very limited in amount, with scarcely eay obange in prices Cettom and coffee have not reco- d from the depressing influence of the Europe's ‘bere is a briek demand for sugar and m-lasses, rates, ‘There ie @ moderate business doing in Gomestic goods, and the prices of all staple articles firmly supported Vessels are becoming quite scarce, and ‘frelgbts ginerally bave advanced. 1 quote to erpool, at Ze. @ 2s #4 for flour. 7d. for grain, and 30 @ 358, for heavy goods. To Califcrpin Tie a 00. per foot Colliers ure plenty ‘To New York, $1 25 0 $180; and to Boston, $2 30 @ $2 374; The money market is much easier, the rates for first class paper Tangivg from 6}4 #8 per cent, and second alas. ¥ per cent end vpwards Stecing exchangy may be quoted aths¢ MOR per cent premium he buoyant feeliag ip Ube stock merket, already noticed continues in as Breet & degree astver Everything is going up. the “ fapcles.” as well as the round recuritios, and it is impoerible to ray with the preswnt (weliog in the war Bet why bigh water wark” will be resched Read- ing earee and donde are steadily auvavoing in price, and it is not unlikely that the upward te continue for some time to come, Avucxed day's stook Rea ing, » dO, I” Bi laware 6's, 91; HW shares Unik 1 21 do. co, 1) do Reading vad, ° Americs 8, 12; 125 do, Grana Gulf, % 7 do, Agri ture! Mt 100 do. Girerd Bauk, BS, 1a: 50 do, Ke: Rs aM: SIOWE ULB. o's, 1 ol, BS 123g, Wade. doe dinebill Kairos my 12 + 10 do. do, bow: aha, by a Keoding Mortgage Bonds, 7), $3,000 So tion 68, 51; 10 hares Meaney ivania Kail Hctween Hoards- $4,000 ke: i s aa i eI a a jew Jerry Copper ‘ach. 17%; 60 do. do. onsh, Wid) den tS G4: WO ch res ‘Jersey “Copper, 13%. Second Bi Btater and p. ©: wf OK) So town Railroad. 26% Lune do. 0 is, BN yay Yetown Wailroady 2 igh Stock, 2. 3 New 0 oo etop Canal, Wy: 10 , $1,100 Heading 6's, 63%; 100 shares we Sh Heading 6 shares Read- ing Railzend, 895; $5400 Schuyia ill tion 6's, S134. Baan, nam Californias {Prom the'N. Orleaps Delta, Feb. 6) Ban Dirco, Dee. aque cape—A Roaring Rwer— Route from the Pacific to the Gila Explored—Polities, ge. ‘On the 6th instant, on my way to the beach, or coast, (a distance, you will remember, of about five miles.) i astonished and delighted at bebolding the tops of the sight and you may be assured that ite beauty was fully equal to my asticipstions The day was extremely pirarant. and mild as spring in New Orleans somewhat resembling violets, were peeping u tiny heads all sround me; the sir was redolent with the freshness of spring ; sod yet, in full view before me, wiles and miles of the rogged peaks of mountains ap- peared a if covered with a mantic of purest white vel- vet, ricbly studded with the ohotes«t oiamouds On he meme tmatant, apo.her scene ee, grandeur and rublimity anytoing | had wer id. It was. indeed, an after; worthy . During two days previous, the rain torrents, accompanied by the mort ih ae | bad never ex Deed eles it Ll o'clock, A, M.; the elouds «beoured the san were rapidity dis- was Once more putting on & sbining Ube potnt of time described, (the ex- important) we were all startied by @ pee Be somewhat resembling what Thavebeard of sound preceding an earthquake « Prt leis! Thesewbo bad cupestonse, "et once Informed us that the riv coming down, and #0 we feund it on rush- ing to the Bank, Phe scene war new, etran mm About @ quarter of a mile bore foam: billow made its approaot. uverer to ecole play 0 migh'y torrent rolii ue. ly before ux was Gry sand, wbiist bute short distance above wasn vast sheet of water. foam dened by and raging eit Noh the ipratiate sends onward course. You most juoge of tne fee! Inepized mr, ae! stood (almost motionless) parsed pearly a eal distance below tia 'y min jefore t it beeam bie, aNd bo Femained all pext dey; bu! ope ebert of foam resembiing in color and apprarsoce = Rognificent Reg ond it war sug, by stancer. te teat its ight be flavor, er i ivtended a a Christmas treat by the g godessen of Calitornis to their loyal subjects of Sen Diego Valley. Sine my last, nothing of public importance has ote thts remote pertica of the Union, if | ex- cept the arrival of ( olomel Jack ayes, the ow bs ‘Tbe Colonel is in fine beaith, and, togetbur with bie party, have come through better, i, than ony ether overland company. |p his train te Vir Nugent, who made ro mueb notre in the world by rend- ing the treaty to the New Fork Herald betore it bad should « raliresd ever be that ite terminus must be at rabjeet iil write you more at —— at some foture time boirdeys have pases off bere wich @ great desl Bnd glen, We beve bad our good diners our Teeabie baile ae im older rete boast of our bull. fghts. « Digbly Intelicctusl emurement ebich po other city ia the Upto. if | except Algiers. can get with equal Pplenoor wh to ending ® company to the Gils, the comebonenee wate requis om the com: Wander ef the escort for ap erourt (oy Fe * eperey. ond capacity ‘The eeather here ie delightfully Thue far the reiny freee bar not bee 200 1 & few hours after It clears ff the erownd Few ae Ory ae ever but vegetation ecknoeleders val jefiver es, ane ts tenor aa if by magic. subtep ervune, bed with @ bem fot Total claims against the bank. ..... claimed 10 be worby of @ them exceed $1,650 400. it muy be safely assumed chat | Ubie estimate is high enough. \f1¢does mot prove much bey Emory. who dererver great cresit for bis promptness, to exored three or four omys bard © te, @ne North American Trust and Banking Company. The stuperdous scheme of repudistion tegen ee thie inetitutio: the Dry ik Bank, and wi the extent to which Jerre “whey phen ont eel privileges, can wlate on their ewn violations of law, at the expense of their creditors, The Dry Dock Bank Habilities beiag a single (eee debt, against whi it could interpose the peouliarly favored ples, of usury — with justness. we must sdmit,. as fares such s term can be applied tosuch s ‘sod, eerteloly, with suo- cess. The North American Trust and Banking Com- }, or those who represent its stockhelders are not 80 mumerous and 60 large are the so much less wr iwile are the various defences which, with lauda- le and ingenuity, they have ert up ageiast pay- | debts themse! ment, so emall are the assets, and s0 multifarious aad never ending the litigations. that there is great danger lest their Feoom| will be to the sense that vir- tue is ite own reward. ‘The community have an inter- eat in their prospects in this respect; for if the dell- of their corporate sensibilities should be blighted Impressed with this apprebensioa, imperfect means in our power Srarement oF tTme CLaims or THE DITO! Noxr American Taust any Bankina Com Int. Creditors secured under the various truste: 1 The willion trust, created to seoure 900 bonds of on euch, dated February 1, 1840, payable in London at 5 yearr 2. The Grit balf million trust, created to secure 450 bonds precisely rimiiar to the 900, remitted abroad and Teceived there in May. 1848. 3, ibe seornd bali million trust, created to secure 460 bends delivered to tbe bolders about July 1, 1840, otal of debts secured by the above trusts, on which t pe judicial decision bas been made, even as to alidity of ibe preferences whieh they creute, with interest, to bebruary 1. 1550, $3 9 4 tbe Biatebtord and Murry trust-- This is the one the validity ef which was recently decided upon ad- versely by the Court of Appesis it was created to se- cure the payment of 45 ores, dated Nov. 80, 1840, payable at 12 mouths, with interest, tothe order of Cook, ibe Feiler of the bank iuterest to Februry 1, 1850, $989.204 76 6, The Yates and Talmege trust--This trust, so far 88 the proterence it created is concered, was set aside by @ deerve of Vice ( hapoelior Sct oun, in 1846, It War created to secure the payment of 500 moter, 400 of $000 each, and 400 of $1 000 each. dated Deo 15, 1840 payable to the order of Gibbs. a clerk of the bank, with inierest wt 7 percent 18 months after deve, Iuterest to February i, 18.0, $468 40 #6 2d. Creditors not secured by any trast with interest to February Ist Iseb. . .. $2,900,601 75 Total recured by first three trusts on which judicial decision bar bern obtaiued.. 3 872,787 95 Total secured by the Yates trust. the pre- ference created by which was ret aude by the decision of Vice (bancelior Met oun in 146... . + 453436 96 or THE Total recused by the Blatebford aud Mur- yay trurt Ube preference created by which was tet wide by the receut deei- sion of the Court of Appenls.... 645 389,204 76 $7,200,051 42 Dedvet certain claima disallowed by re- fevers, or deoreed veid tor usury, ac , up to Nov. 1, 1848, sad aae * 4) eee 151.852 40 Asters The largest estimate of tow assets of Chis institution devee would not ma too high this case will De en exception to wil other esti mater ever known of the wrsete of rotten corporations | or brekeu firme. Ju toe years im which these assece bare beep involved, Aud “til coutimue to be imrolved in numerous aod Complicated ligations — which have | Revertbel ss but commecced— the funds can rearcely be expeeted to tn @ uF Task We Luterest will swell debts wiready five times their amounts, to say nothing of the enormous expenses of suite ta whiob fifteen or | pe twenly of (ur mor! prominent lawyers are employed, nd the allegations aud lesamony of Ube parties form | pum mated bet Boge printed volumes Making bo allowance for these considerations, and taking the arpete a! the bighe t estimate, they are bac ult te more than twenty per Ornt ow the debts which have DO! as yet ecw impeached by the dveixion of auy court What bance then bave the #t=ckuolders of ever reat iniog anything? {i the assets should be distetbuted withn fe or ten years the expecnes of the litigat most be first raticted then tbe creators thes, the etoomboidors oe for what is lett bven if the funds are a large as enti mated and if they could be kept from belug coasumed, nearly four ffthe «! the seven mi) ious of debts of this institution must be decreed by the cvarte to be abso lutely void, betore the steekh iuers cau be enticiad to #pe cept! And yet, undnr (hy bubbie recwotly got up. in thie stock. it sold wt 1S per cent, which, on, say $2,000 600 of capital, would maXe that remote poosi- Dility of the stockbolgers worth $460,000 and even Dow it selie at 11 per cept. which would make Luat pos- sibility worth $:20 000! shiv absurd value is founded on an entire wiepprenension of the mature and effect of the recent decision of the Court ot Ap- peals, in the case ot the biatebford aud Murray trust, as well as that of View | banceiior Mo oun, in ihe case of the Vater and faimege trurt. to 1546, when, ax now the stock temporarily rese to ld4or 16 mud afterwards fell toGor?, Neither ot there decisious touched the validity cf the debie, unlers imoideutatly to imply a favorable opinicn or went further than to set aside the trust certifeates, aud the trast which cree. ted &@ preterence im favor of certain creditors over the cthers The question of the vaudity of the trasce however importan: it may Lee dete the prefecred And the geperel oredi(oo#- is net of the edgutest tm- portance to the strekhvJdas who do uot come in uauil After the general creaitor ped Even 4 " the mass of the de btete Oo cer: ed ira ye Bomrvely outerrd u ce ba. b-en defeated by the Of Appomis and thas of Vice ) wfect ines tham #550 UL ot ward before the bution of Chaperliit soto the debte; whi et mitiion truest Nor ts er to this Pu, Devessarily pa of the Court of \p vrai which were practised other tustitutioas, \urray trust, re- Appeals. the te recure the by thet reement pledgiog them for advances, be Lol May 14h i840 weot into operation, follows that. if (be preferenorn crea ed by the rent trnete can be impeached. it must be om entirely dif ferent grounds from eny deciarea by the Court of Ap- © penile im ite reoent deeision Ip reepeot to ihe vassuily of the debie, there has beeen. except a6 to final: amouuts— moat.y of the uaprefecred = no adverse decicton of court The fray sult, Feterted to im the recent ov of the penis. ae directly invoiving thie question it whiob, in 184). the ipjun: tion #a* grected aod the re- Ip the rewe suit om bbe Int of Uo~ ee eepeots the claims of Maimers Mov MH. & J. Hi. er, 10 & merter to take provis mud report the amount Gur; ama co the seme “ made providing for the ree of the claims of the other parties. Durtog the pearly five years riper these order were « Dearly nine years tince the so ota weuond, the proceed der the Bret order involving the two ond & ball millions of dollars claimed by the Palmers, Deve bee Biting the decision |! (he coutroversios In tegard to the preferences created by the trusts, not Oue meeting On ihe reference bavivg as yet beew heid er ton io the court of nee in regard to the vastly more important trust: wot yer argue firet court, how many years will ciapee before it will 1 When it ber at length commecerd proverbial- fubject. as in this pected? Hw f undertaken, Ineted for yr? nite period of tbe foture, the report © de aud duly exorpted to. aod t tmaiion +ball come round in ite turm 6 eroward eniemdar the controversy will owing 6 ww wether the wii, for the Gret time, bere Whee it o bate bees are nod, Gowri tens, whl be te «fm whiet Ht ih probe il forthe to 8 fave Pivg Vikte keeme long before to hare & polot beyond which mortal eyes cai 9 the Pn bed the firet court, of Alpe yaildety of the » ' portions there h wrens as being got trounced fas ‘he Bret court, so as be be who ere waiting until the former shail be paid or cheated, f sairom ‘bein tala the crumbs thet perchance may b = aon us far effected b; eertificates ‘was able to reduce ite affairs to great simplicity; its | and Blatehford and M little more than one-tenth bank. And in both of these cases, net the validir expressions tend to sustain the clams decision of the Court of Appesls prebension prevailed, that, as the certificates which the trust war created leet to be void the effect ves. Nothing can It ts settled, beyond doubt, that where fete, the subsequent taking of @ security, al and void, does not prejudic y all the litiga- aside the trusts and ‘Rotes in the Gates and of these claims, the easual and ‘When the recent their more fortunate compeer im intentions; but | became known. the misap, to invalidate the wore erroneeus. vali }, not by inference but by express 1 by ppolatment we might never hereafter witness | the contract of joan is also declared to be void and just euch a case. where the lender is deemed to be not merel ‘we purpose to pursne this inquiry alittle way, with the | fault with the other party. but ao chief a the which prevents case the rule is established and applies in favor of the bh more, then, would it be applied in favor of » on who takes # note which , Where the illegality is conti and where the very object of the prohibition is to protect individuals dealing with the bank uk hed no right to MoCoun carefully revie : which the certificates decreed by him to be void were and, while timpeaching nove of \bem +o merito i conrider some of the principal ones, that costs of the claimants to be paid out of the assets of the In the Blatchford and Murra: issued to secwre pre: one by the bills of origin of the debts on case, the notes were bich were repro. prior 6 the set receiver, and the counssl for the Palwers urged to ha * The opinion which I have expressed,” sald Bronson,* does not in ite re & Co, the preference imate payment of the fiegal motes or eurtifies wd 1 do not ree how the derd cau ate r instruments cust fall cousideration in the existing linnility of mnity the Palmers against the bills, which bad been drawn aud secepted under the “The legal lisbility.”” said be agein, “on which the notes were issued still remains; but the potesare void” ‘The ground on whieh it is attempted to impeson the origipal debt rented by the bills drawn by Da is that it was contracted or the parpuse of enabling the bank to speculate 1m its own suares, 19 except with rurpius profit cided to apply to the free banks impeachment. it is mecersary to prove, fire: that the accepted there bills, had Ss ally @ part of che fl much in furthe | implicate them equally with the ban them without the pale of the | ‘The evidence i pore when they int the principal am and that when they tranraction, they priveiples, thou; nnot be yweatio joe wae bot the P a by Juntioe & m of @ valid debt b Deen compelled to pay Such ae DO more A mivapplicaii ou Other honest debt Party at ite request. ore inet the bank to re wcesnary to disoul purchase of the atoc hat the dishonor would bave had be ye bak to resist the before taken, tf we tuunded ‘The mave of the claims ate ip a still better coudition ws respects the nature ef the original tran aotion from which they eprung So impeached, cm the grou! rebases of State stocks on spes lege d to be Micgel, as witout (he » WAS UL he DORK proms pro as Lo purchases of such stock» for any purpose cc mpelird by law to buy them. to tome extent ‘porit with the comptroller © witemptnd tobe ta them tt sarpies j abd it is Hot easy to rer bow, if it had c ‘ at wil ite captial. Hike the Baok of hngl Other institutions. 1m publie *rouritian, ) Bnd Aeporite for the means of uree could be raid to Dew departure from ite leg timate Durine ne, oF in the ahee the Fubjeet. could be deemed my Yeetmect of ite capital in bond war actually made. then, the bawk hy 4 bas pot ber the general p» rte Duy mveke, the valid aod binding. even thengh it rhould Uhore purchases were made tor tll ad wetual notices of the iilegat There is RO pretence of any rach mulre, & to far asthe character of any of the prev ageing: the bax Urbt created by such & purchare they ere cure te be suet what tbe erurte will probahiy furure period. when there questions ghall be aoteally @ their decision’ Of littga tow. the debts ‘cipal comtrore re’ ly wbere they did imooeent parti, piteunmenced, and turning oat 40 y Z ‘ $900 000 to $450,000, OF from 10 to 16 per ern! The Tammany tail Meeting. Tanstany Hata, Feb, 1, 1860 To ty Rerton or ln the pablication of the prossedings of the poblie meeting held at my estatement i* made thet one of your re: me. whier requtre My Couduc’ at the ha epared, as uenal on *nob 09 am 9 of the reporters of (he prow was cocupied by tome of them at anearly sour | wer opened | wert uo io last eveving to «severely injured expiaration. in viediestion quertion on its gy the door, fearing that the ‘at the door for wd repratediy ¢ 4d ited, an | feared the [helt (Me dvr with one end ny foot, at the encase thors who had bol {of ately closed the dour wot ded a8 & bratal © im OUP paper ;

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