The New York Herald Newspaper, October 24, 1857, Page 1

renee WHOLE NO. 7723. THE MONETARY CRISIS. The Democracy of Boston Denounce a Paper Currency. INTERESTING STATISTICS OF BANKRUPTCY &. &e. &o, + TELEGRAPHIC DESPATOHES. TRE FADERAL FINANORS. Wastuxcrom, Oot. 28, 1887. ‘Who following ‘e uke Troascror’s summary for the pact wreek Amonni in dopositaries $18.523,045 Dre/te draea bet not p: 2 891,389 Amount schijors io draft, 10,622,656 Beduction’ Inst wee! V62n'0719 443 580 1594 022 2,009,369 THE PEMOCRACY OF HOSTON ON THE FIKANOTAL ORIBINe Boston, Ost 2° 1887. Trore wes a largoerd enthasiastio mect!ng cf the tems racy tn Faneuil Mull tc nigot, presided ever by Samuel W. Waldron, Jr. " “The reroluiiora wominally related te Snancia! wbdj rots. Too Gres was: Rescived, That the brief philosophy of ths present Wmancial crisis in now, ag !\ always hes been, the inflation <iee ent that bank vapor, nd large cir ® arc tbe Canute of tho inflation; that with the coun- wy fall Oe hay mart berg excess over imports, ‘his revul- ‘wion fe pot fant of the merodants, the manufacturers er the Inborors, wko have earned all the solid wealth of the nation, but of the vicio:s financial system whicb wadsitutos Deak paper for money and debt for capita’, ben Lp nig ped ieeaatadoeete wi contracts ant money Soe y pay: ‘The tcoond and third resolutions endorse the democretio Polirs‘of the Independent Treasury, and condemn the ex- isting paper currency of the Sta'es, which abrogatss thet provision of the constitction that ‘no S’ate shall coin maouoy,’’ by croating ‘carteon hundred corporations, with @twer to engrave money and expand or contract 1 at carrice cr pleasure. They aiso atiribute the bank suspec- en of 3867 Ww the exercieo 6f tho same power used by the pranent Biale Danks as tne) used by the Untied Mates Bank fe: 1807. ‘The foarth, Of.b and sixth resolntions are as follows: — Rescived, That the Siats Leg'sistures have been #9 po ‘Case in tho creation of banks of tweve for mony borrowers ‘Yunvead of money tenders, tbat » mixed currency of paper amppered tobe reaeomed'o in specie ie a0 luterwoven ia Oar fx: neial sytem that !. hea become @ deste which We cannot st once cure withous k!iiing the patiort; and Aberefore it is the pert of wiedom, ‘aught by experiecce, ‘Dy restricting ite excess, incross.cg ‘~ permanent specie and gradually aboiissiog ' stuou bilis ander ten (holders; ner ehouid they suomi} to ary dis bay ing or paying tn ordinary trensac:ione. ~ FRe pevyensh resomni'on asveris tha; !be demoora/ io party ta the only , arty which Bas advoonied # found ccrrensy end ¢pponed excomlve creations O° Daaks and corpore- eres ‘Tee olber resolationr pledge the party to tbe mupport o We demowatio Sate nominees, and ine upboiding of the eaticnal administration fhe mecting was addressed by Eo Jobn8 Wells, 0° New Kem, J. BE Wright, ard ive; BT. Baliett, Ooi. ether disiingc shed genemen. MONETARY AFFAIRS IN NEW ORLEAWS. Naw Osraavs, Oot. 23, 1857. Money maiters are unseitiod, ard It is impossible to re- port apyihing definitely. A gloomy tone prevails gene ably, bo eever, though the street reports are conficting. ‘Te erwrpapers report nott ing MABSACHUBRTT@ BANK FILLS. Bostom Ont. 23, 1867. A otrociar endorsing tho co0d sanding of the Boston end New England banks, and signed by many of the lead- tq morchants of Bosten, was published today. The cir. @uls: appears to have been oalled forth on account of tbe @@oui:y experienced at the West and in many ether dis ‘tant pections ‘5 pessiog Masrachusetts bank bits LUTURR WRIGHT'S DANK. Onwaoo, Ost 95, 1867. KR & romored that Luthor Wright's Bank will svom g> @ut of oxistence The Lake Ontarlo Bask is buying In the tock th a low Hgure, and paying off a!) claims againes ho @eor, The lake Ontario Bank will cocupy the building, tenting we'r present basking house. FAILURE AT Sf. LOUIE. Br. Low, Ost 2, 1887. Messrs. Renick & Peterson, bankers of thie city, have eurperded payment. Treir asrete are ample POILADELPHIA STOCK BOARD. Pwtapenrma, Oct. 28, 1867. ®USPENSIONS AND) FAILURES THROUGH- OUT THE UNITED STATES DURING THE LAST THREE MONTHS. ‘The followiag is the namber of the reported failures which bave taxes place throcghout the country during the months of August, Beptersver and October, up to te prose: date — Ont. 30 2 6 4 *s a 1 2 7 8 3 4 e 2 1 1 1 3 3 i 3 7 3 6 ‘ 4 * 5 1 1 a 3 1 4 1 J 3 1 *s 1 2 o i 2 *. 1 i 2 “. 1 1 *: a 1 i 3 1 1 1 1 1 1 1 . 1 5 *. ° 1 ‘ ee 8 1 1 ‘Trun! i toy % ape Coe, u } a a a a a 4a a Pe a pT . 8 Fi a Hardware......... 4 4 78 ee -- 3 Underpil! Edge foo! Company. 1 Grooo1#.... cee 3 3 1 72 1 1 1 j 1 1 i 7 1 : 3 8 8 2 uu ds i e i és i a ox % re F 4 a i i a a a a me i an 3 “ 3 3 1 i" & oy x a a ry ‘i 1 é 1 5 i iv 1 Loan Co + 1 Mincetlanocus.... coe sceecece sees is Ww 1 ie ee i ne 1 Miscellameouc...... By) Bt) TOM) ccsrersreccovconccresseess @ 13 au wavtvcey. “i a a O 3 3 z ae ) 1 im 4 1 ‘s 1 * MINNESOTA. Barkers 7 2 Miecelianoo 3 ILLINOIS. 1 1 4 1 1 pes 1 on bt 16 16 sdesiietdbehaatoneress aN ispiawA, a a i i GON. 000 cocccceseosecons Py 1 MARYLAXD. anec 1 a roe ° 2 w of eles 2 “3 ia ° ie nA 4 6 7 6 w i0 Total... 1 er) TEP, AVEPRKE‘ONE AND VAILURES 16 Aug. of $100,000 each we have am aggregue of nearly $100,- 060,000. The Liverpoo; Mercury saye that in ihe month of Septem ber, up to the 26th, there Bed been about four bun dred failures 1 the Usted Mater, the aggregate amoart of Liabilities being $40,000,0C0. [From the Now York Life Ilestrated, Oct 94 } ‘There & publisher who fi the ope! pa her w @acaped from We Bame, without Aiecredit, the follow ing:— ep es Herpor & Brothers, J H. Colton & Oo ,H coo P. Jewell & On. J. 8 Rad \ THE FARMERS’ AND CITIZENS’ BANK OF WILLIAMSBURG. ‘This inatitetion will resume besiness this morning, the (mjapotions, Ac , Raving beem removed by Jadges Hirdeeye and Davies. Both Judges denied the aplication for a recetver, declare the bank to be perfestly solvent, and direct the arvigness, Messrs. Layton, Field and Anthoay, to re-nesign the property of the bank to ite officers. A FIRST RATE FOREIGN PUFF FOR THE ILLINOIS CENTRAL RAILROAD. The /ndependance li-ige pablahes the follo sing comma r= have the henor to make Nuswn bo fea ihe tent prices of grain at the port of Prancs. Centimes. 6 “ Dern scstsined—thanks to ine ric prairies waion rented to tt along tts wholo route. Jt is quoted at 80] seems to be ignorans Of tho aur sash ‘ele quotation shows @ fa!) of over 6¢ per cent aa th's ve'y Yond —"RANB } exi tence of this rosd is not et ali compro vised by the et crisis, sud ‘te sbaren will room reach par. tered ‘into these details, Mr Mini-iey, that you msy be adie, \f necessary, to reaseoro Mates tn Belgium who have invested in D. BENROTIN, Belgien Consul a Calorge. ‘This fired rato note of ihe Liimoie eniral hea probably been ciroulated by ibe government ei! over Brigiom; for there, ta in France, matiers of gene a! Inivvext are mado known by (be government Ww ihe people by means of pla cards. The Be gian capitalise oxght also {o bo Inf: rmed, tbrovgh t! @ mean?, that, notw! cing (b.¢ son pot, ‘iiroad tp quesiion beg bad t> submis toseo he billig protested and 4» bo puion the list of Inselven; Conoey ne, und thei ite rlock ls mow quoted at 16. thet has Con; OHIO. 4 TRUST COMPANY ORED OF AG- a@RMENT. We presen) our readere with a oopy of the ded of THB OB10 Li¥B 4k ‘tgs lgnm@ens of be Obio Life Insuradise end Tre:t eh was ¢xecu'ed onthe Zsih wit, end was received ab be Recorder's cffico ip Oincit nati, t? be reserdet on the ‘1b ipss Prem the subjsiped preamd’s and resoictian tt will be seer ihe aasignmont was determined upon the 16th Sepik mber, BBEOIUTION, Whereas, the Board of Trusiees 0” thir fnet'tr:on hay, after e fri! denberation, end with the most sntioos desire @ do their whole Cnty to ali parvien in erested, came ty tho conolusicn ft is neceseary and proper fcr iborm to evder ap ar ent to be made io Charice Stoteap, Joba 0. Wight, Sewue lordiok, Samuel J. Brosdwell, Gsores Cra vford, Abrabam M Tay lor and Clement Doltrioh, and tho rury! rors Of them, ond the scrvivors of each survivor and bis hetra, in due form of law, cf allthe rea! estate and persossl pr> fan: 3 debts, esets, effects, claims and dorannde of this retitation, to wit. The Ohio )ife Inearance and Travt Com: pany ® body rolitic, tnoorporated by the General Anom- NN the Blare of Ubic, wheresoever tae sams miy be nn tenst, nevertheless, for the following cves and porper opty, to wit: t0 hold, posres#, manage, control, collect, reli and J of the same to tho best advantage, #80 as {0 cause ibem to produce tho greatest an ru0t of mi rey and without mun¢cereary and unreasorahie delay, and when and se ofien as rediced to money a ffistent for the purpoeer of this trust, te appropriate ths seme as foi- lows, to wit: Firat, To pey ike exper treats and cost: of (his aerignment and execating the the Seoond tho Obie Life Insurance ari Trust Come y, ae may bo required by law: and, ind The surplus, if any, after the anid deb's aci iie- bilities pall be paid im fail, to reatore and pay over ty tke said the Obio Life Insarance end Trust Company, ber snocessors or assigns, or ciherwie distribute (be same as may bo lawfe} And the autborizing a1 deed of aeeigoment shell contain e@ clanse ering tbe said Chi nower!Dg lea John Fanelek, 881 J. Broudwell, George ou ba dt Clement Detrich, avd acd survivors 0 such survivors ire, lo compound and com: ize all debis to this ormpany, and to ocmpourd and o« mpre mise all claims and demands sgainst the ssid com- pony, and to execute al! releases and other tnetroments of ‘WritiDg Becessary and proper for the complete an’ perfect execoth p of the foregoing trusts, and t uso the name of the ssid the Obio Life Insurance snd Trost Comoans, an may be necesrery avd for the purpon-e aforeral t 4rd, whevear, thosaid Obaries Stetson, &o, &1., bave eof in the proper alna for us to toll of the’ o leis? waoh ping polat het the patient wil! come ot ave po doudt, tho gbas a matter of course the prov'ration experienced @!i! be ceary observed. There were grievous times in New O'eans yon lndey, come me antnee panies which set io with mach violence sp Beur or two efter bank timo. Why it broke Gut 60 Dadly fier that hoor we are et a loss to delermiue. vnlers the present b'gh price of brandy opera'ed-- besa forpished st tho vaua! cost juclng exceative bio aud 6/1 mapper of bad temper. y how, ihiags began to look bive im the sfiernow, the atmos here in the no'ghbor- hood of the Uvion, Mechanics’ and tradere’ and Ney Or- banks belog = ome d noticeab/e for its disp rsition to reople ‘with the money gotiing ailment, Hour “depositors” wore not at all scarce abso! tho ened. a te ent of onr papor, 891i LA The quarier hours 8 and uJ me promiroucus, and tbe « tallore’ ” Feces c # bhnk as thes ate of the treasury. The fetal eclipse set (9 abouts Ralf-pest two o’sionk. to ten }@ lars ¢ ved”? was handed oat, with a last licger ing Jodk at ths dorariiog representa tvo of soliciiy. Tall this bank dida’s prevent many salient polate for th > 01 ‘er, for th lereated were gereralyy of the “ utili!a rian” clare, apd their emotions were put up “ right side” \pdern ont fa their breeshes pootets. The famoug corvere wore an animated as ject about this ©, for the g 19 WAS spreadiog, thovgh myst people pas ‘all af Ove claws was scired—the yin the banks, and anoil olaer—the the cordiiion of the mi the kers ’’ who were posted a Javtttat we have give ‘hem a protabdis ma for their investments and-eye There were several other classes who had y tosay, but nothing mach to lore, » bo 1m ar parent 1@portence to the ‘' crowding” ne sonar, that tm peality was of very little signiil cance, The Mecbanics’ and Traders’ Bauk wae next in order— or yather out of order—for attack Reatetauce, so far as ‘wo could jadge, wes uot very spiric3, for fifteen or twen ty minutes sfier the Usion caved fo, 1's nelghvor fol- Toned lisexample. The thing was cone qoletly, and tho ‘“gigon of the times” woren’s of ly perceptible diffe rence from those exbidlied at the *! Dg up’ of the ether benk. ‘the Bank of New Orleans, opposite Lafavette rquare, was next Jo: bed upon with peculiar interest by those into ied = Their interest ceased about balf past two or afew earlier. “big bugs’? of the banking institutions ry proserved trelr trarqviliity im the carly Of the day, but in the af. lennon, tegau to feel “aeekere.”” ‘the’ Oitizons’, tue “orack?? frept by patting announcing @ ‘-suspen:ioa of 1ules’*—=bat not of payments—in keepiog the bank epen for all comers until 6 o’clookP M. ‘The Ciizeve’ being | popular concern, the crowd set toward ft about three o’ciso¥, and tho * ” bomme epide mical for some time afterward. The :*nlal face ant active bands of the teller, Mr Charley Cammack, were ut into requisition, aad doth did good servics—the former by “inspirivg confidence,” and the later by = quietirg Rorvour feelings of those who desired “specie” for e¢qoally valuable * substantial om equivalent The ‘run’ bank was lively, bur the © roi searchers was livelier Tho ¢lseppotated, for the bank colors, there being no’ iequirers for ben the clace was closed, about batf past five , OF m ititle earlier The acce of the Citizene’ Bavk ater it: To hold, porsex meanege, control, eotlen' of the same to the best advenege, 20 produce tho greatest amount of money, a1a witbout nneresrary and upreasenadie delay, ant when end a9 ofte> as reduced fo money avfficient for the pur- are qe ren appropriate the seme as follows, t> wit Firat. To pey ihe experves and coats of this asignment, and of executing the tres's under the rame. 5 Besond. To pay eff all tbe debts due and by, and ites of this tpetitation, to wii: the raid I i> sada Trost Company,as mey be after the rald debe and 14 in full, to reetore and ray over to {fe Tasuranee and Trost Company, ¢ jore or assigns, or ciherwise distribute the same as be lawfal the said Obio Ife Insurance and Trost Company Goth bereby authorize and all We other The Ohio Lifo President, Of Odio Life Insure: tock Fostul the men of sober thougtt we 0 ia the ascen dast, and the mischievous words of the maa produce’ no cfieck. ‘The Chief of upon being faformed of the Police, to ha atter, harried down & talk with G. W. Dixon— jh would have been sberp and decistvo—bat he had vemeted before the arsival of Ool Forno. We saw one inciden\ that did great credii to one ef the intereded—aad ono of our own orafi to boot—and oflect. what advacced in A woman sone’ jo the plumeptary to the «cuid be ebarp practicer, acd it was ‘with mosh gatiefecsion they saw cS bat Jost congbt a0 idea of the matter, her Into the bank she looked at #0 and furnieb ‘with gold for the a? Ppiteously. Ubought, of #> muob legs value than It ought to of was of a different na- ee Another incident wo hei ture A German woman who was acyaainiod with a we believe gue of the agents of the oDonovgd estate—woat ‘im yesterday morning, and ré quested Bin to getepecio for about eight bavdrad dollars in bile which she held bsionging to one of the vanks that suspended first He endeavored to assure ber of the firme ors of the tnatitotion, bot she pressed him and fina ly be did as sbo desired.” When tho report of tho fusperekm boat Frown, be recollected, much to his chegrio, tat be held a coveideradie som in bie poxsesti on reprownied by to notes of the sutpended bank. Hs came to the conclusion (hat bis Datch frien) was shrewder than be was bimsrif. ‘The excitement novr the Cidens’ Bank quickly sadsided when the businers of thi concluded Tue streots, however, wore # antveres'ly stirring appearance for seve hours a terwarce, An immense amount of talk was syent op the crisie—or creeces, ag It was sometimes int y uttered. The tmal! toned pronunciation, we ob Png ‘was wed exclusively by the m:n who had nothing 4A faot which came to our knowledge Jon sighs sbould do more to restore confidence among our # theo ksow cf. A well kaown '‘Gnatoiai” indivi i pe not bebind, tha! ‘was never bnows t> “ treat,’’ inet evening, wonderfe! to relate, invited am ac reliance to “amile’’ without a marc ¢ of bis facial conformation on- pe y+ Sad sligbt’ et contortion at the \oteaded sacrifice . “4 ” (Frm the New Orieans Pieay une. Oot. 15 ) As soon an the banks were opened si the osaal hour , there were im the vicinity of moet of them, and demands for specie by mo‘ehoicers made on simosta! ist the nearest semblance to ron’ on cither was that upon the Which, however, cen scarcely be 10 Coviguated, effect produced by the prompt ani ateady payment of 20 €8 presented, in rood bar: specie, had a pg and encouraging effect upon those wi ‘stakeable comonsiration of () veroy. ‘The great wejority of the crowd assembled in from of the bank bed bern evidently drawn together by ocrivsity, and that tort of isterest the community over texes tm en movements; and the entation of the problem whether the berk could or could not steud the demand . tom. nce and Trott Company. ACOBPTANCR OF THR TRUET. provisions thereof, atvieed by nonnen!, oF Ia witness wherecf we Bave tercunte subscribed our names ond allied ovr seals (Bis tho 26th day of eptember, A 1D 1987, [Signed and eeaied | OH ARLES STRION, J © Wear, SANT, FODICK, # J BROADWELI, orn » | RTING I” AT. LOWS. | , Oot, 29 | terday noon, at ihe Kacnauge, the | bg tevttations of tho principal stiew weare in commerois! relations }d specie pay mente; and , oie ne rome action stonid be taken by the com meni y of Bt. Louis to relieve tbe pressure no Ned m exiedn, Bere, be it . Resolved, By the members of the ‘Obamber of Com Meroe, that we will receive the nvtee of ali solvent banks Ctber States in pay ment of all gocde aed merctand re ™ us, and ip pay mont of ali dedte contracted of the revolution a St twelve o’olock, and discuss 0 rexel ation. 19 Know if the Ohambar had andy enotation Introduced by hi ow veie eed outa Wiil currency or “wi ‘8 pote at bank.” Mr Wai tik President Amne ta'd things must come down to & xr: reney desis. Mr, Watt paid be was giad to hear Mr. Ames acknow ledge the con. LOUISIANA, THR PANIC I* HRW ORLEANS, [Prem the New © leans z 3 Ps 3% : i f i ado apen | was obvioesly (he maim Object of interes: ‘wih the mcstof them. Bal the sigh\ of the prompt pay or oe ee soon es he presented himre if, mest t angel! and rats volory efct, and tead 06 greeuy to anhdos (be temporary excitement ben the prove de ond Directors < pI a ciate agetnat |) y wou \artbing. The epecie wae oe ibe bills were presented. All that calmness, order and regalarity le the a: As toexclement, he thorght it dollar fer dellar would be ‘Those who ask for more. bank be advised to « servo celmaess and tebe gord care ibey obtained jt, The remarks of the apen the troubled weters. We learn that afl the lead! for & set all their ‘thie mor thinking feewte| for whlch there 'e really 10 adequate cause. il Hi i i th ui ; 4 sity uyiabid i sk i i i] Hi] #—were bi "bbe? at agg, | MORNING EDITION-SATURDAY, OCTOBER 24 1857. must be helied with pieagure , oud the stability of the Orm of Mears 1 Bursiell & Oo., from the extensive na- many who would, other wise, brown pencry. lve rvthing tp coapeoiion with this oo currcroo bears much ef the yomentio in its featares = Th: creditors of Wom rs. Biveta'l & Oo wore ia thelr office. for the purpese of making tho fret es amination {ato the affeira of the firm, when the ‘om, containing the important news, which would o:cbably avert the most dreaded con. aes mercantile exitexco, wee pal into Mr, Bura- all's ITEMS TOUCHING THE TIMES. Bliver cotpage for Canida isin course of ‘The ‘al pepers announce that the government have evgoged Lf the celebrated designer of the Royal Mint, to make designe fur » Oavadian silver coinage, which will de required om the adoption of the dolar and cout sytem on the first of January next. The orverse of the Coin ts to be tho Queen’s po. trait, and the reverse & wrea: le with the value of the coin 1m the centre, splerdid Missov7i river packet, Colons! Orovman, raye the 8), Louls Neus of tho 10.b iget rom We ma Mienour), bing'vg quite a lot of Wee era merebante, wi’ ovcr $100,0 0 of money to pry debts and bay Toe oiticers of the boat 1o- port busines pretty goad money plenty as common, tu the Upper Missovr! townn—for tho rea: on that (boy had not yet Irarst the extent of ihe ‘ pasio’’ below. According to previous noites, the ensigness of the Gro: Weetern te? ) Rajirosd sold it pudlic!y at the Oourt Bo ia Spripgdeld on the 16th iret. Mr W Itism Corneac, cashier, was the purchsser, ibe price being $1,100. ‘The True American lovrve that a now banking invtitution, to to caled the * Artizan’s Bank’, ls to be catsbitshod in Trenton, N J. The plates ave engraved, aad the notes will be insued at soon as he necessary B-ato stocks are do- posited with the Treasurer. Visit ol the Secretary of War to the Fortiti- cations of Rew York Harbor. Gov. Floyd, Beore\ary of War, who arrived in ih's city on Thursday evening, for the purpose of inspecting the fortifications of the harbor, proceeded at 10 o’clock yer- terday to visit the forte at tie Narrows, He was scoom penied by Gev. Totten, Col Lay, Major Harnard and Lieut. MoFa ston, Gen, Bott intended to accompany Gov. Fioyd, bat he ‘was too unwell to go with the party. fhe Secretary le? onthe Staten Itiend ferry boat ae far as Vanderdlli’» lending. Here cerr sges were in waiting, (a which the party proceeded to Fort Richmond, onthe Aiaten Ie)sad shore. The works of this fori ass ecns:racted wi bh g car strength, but, though ra;\itr advarced, are not yet oom pleted. They arenvi ostu:i: by a garriacu, eo that (re ervalione wer? conte d ¢ clurisely ty tie which neimeprered mm. atiiy He thea procertet ip the berge bernging do Hori Ua ttum across the Nar- rows, io the ierg lstend shore The two companies stationed at ort Himiiton were drawn up to recetyo the Sco etary, and saluted him in the usual manner on bis errival Governor floyd examine! every portion of the fortifications, the armament and tne garrison, ask fuch questions of the \)\Terent officers aa be thought necessary 'osetiefy aimse'f as to (be condition Of the fort, Today be wil) pracerd io view the fortifications and barracks at © ,yernor’s itiend 1’ (General Soott Is eo clently restored he wil! accompany him. Before Gov. | seen by Wr. Floyd leaves town ho will vie't Fos Schuyler, on Threirz’s Neck—thus comp'eting a thorough ‘nspe>tion of the furtl- fications protecting the sca entrances to tait city at the eouth and east. Gov, Floyd is stopping, durtog bis visit, at the New York Hotel. The Copfasion tn the Finances of the City. LETTRN FROM THE PRECLY RECKIVER OF TAXEe. Ornce or Ractyse or wr’ } Naw Your, Oot. 23, 1867, Janus Gospow Benwarr, Beg. — Jn your paper of ihe 224 instant you state unequivocally that the tax gutherers’ department’ {1 defarlitng to @ very Jergeextent. As the charge bas referenos ta period of yeare, and as J am the only remetn'pg officer im tha: do- partment, I think i tncumbert wpm metoreply. The books of this office are open to the avr atigailon of overy citizen Who may desire |; and [ dofy the closest scrotiay to discover any misapplicaiicn of ihe pcblic funds governmen', or an nica. ticpal © ‘The! amount of urcollested | taxes, or, as the report words {t, “‘unacooumied for,” are returns from the us of taxes on persono! pro are etther dead, or were merely the hotels of our city, the persons ‘accountable for op the og Hi P. howe, Deputy Receiver of Taxes. LETTER OF MR. HOWARD, EX-SRORIVER OF TAXES. TO THR EDITOR OF THA UBRALD. Naw Yous, Oct. 23, 1887, In your yalaab'e journal of thia date Lam set Cownas owing the city the modest sum of $4 128 613, whicd te en- trely untrue, as my acconste with the city were thorough- ly examined by « special c'mmitioe appointed for that Jw Powe, and were declared entirely correc at (he ime | resigned the position [During the time | was locelver of Taxer, fom Mey 29, 1866, to Avril 6, 1867, I cullectet the amount of 86,004,229 66, for which’ sum'l held the Tressurer's receipts Aneesod piease fad the commiitee’ report to ibe Board of Aldermen :— The cremsanengn qpoetates to czessine the enssumin et Heary B. Bowars, iste iver of Taxes reapectially:¢ or That agreeable to ihe request of Me. Howard, as Ow Apri last and in co.2 ines tn hie comms ication aay pllance wits ihe CM tho Beard at a4 statementa 0” the reosipta and 61s) %a1- that by oer ke : be : ton 8 i arretrs » Sepearto beall periy fed and preseat pen exsminiion the re ule te acca racy and s'riet siten' lon to duty thet should cheract rire any on very officia) i the diecherge of ® public trast Yoar ‘Crramit‘ee would, Werelore ciler for adoption the following rosoletion'— Reo ‘That i rayer of the petitioner be grapied aud che commitiee be din Barge fro the farther cmaiderati on of the subject. b Roe miter Special PATER FULLMER § Commies, ‘Which was nosepted. HENRY B. HOWAR). TRE CLERK OF THE OTREAU OF ARANANS YVirDI- D. In en artic’e im yesterday's Baxs'r on official corrap- tion, the following passege ocours:—‘a0 state of things exis ing in the Barean of Arrears they des'guate as ‘die. qracefol and deplorable.’ lt appears, however, that |i te to the “returna’’ made to that depart neat that the re jort of mittee of the Cune:)e en refere, and that so fer ae Mt ray ,the Gierk of the Burean of Arrears, is concern- ed, Bo im bas been made «pon him; on the con- trary, be crvrts inquiry, and thinke thet the parties to whom the errors are traced abould be beld to sirict ac counting therefer. ae Tea Dean Bopy.—No farther develorements have been 9 in the matter of the sapposed cea! body of & women Kerztl lp Prospect street, Jersey Oty. toe Bedford yetlerday visited ihe lecality where tre boty wae rorh, ant made numerove inqsiries of the people ro welng tn ines vioinity, bat coald iearm polbing leading toe soletion of iPe mystery. 1\ Is now believed by many that (be woman stem by Mr, Kerzel waedronr and oct and that she recovered and walked away after ho peared, but Mr. Kerze! persists in the belief that be Teecncrion Ramoven.—The injapetion oblalned against the Hoboken Water Commissioners, resiraining them from proceeding with the \ptrodueiion of Passaic water into H» beken, bes been removed. It was a before Chancel 8 decision waa rea lor, Insen on day las’, dore4 on Thursday in favor of the Commissioners. We ls to be com unte ny ‘that the work of gee Gd enced aa early & vie + of complet becomes {rozon. Yr pte, work pefore the ground Dear Rew Jersey Politics. Dewocnaric Cocety Oomvarnos —The Democratic Con vention of Hudson county, for the nomination of Sherifr and Coromors, was held yestorcey a/ier noon, at Mortimer's Bote!, Hodvow city, The Convention was organiznd hy calling Charles Fiak, Faq , of Jersey Oty, to the onair was ro nominated as ® candidate for Pominutions wern Americas Cowry Comvavros.—The American party of Madson county held thelr County Convention as Day's Hadaon City, yeaterley afternoon, and made ihe folle pom/pations -— Por Bheri/— Robraim ig the 5 4 City. ; Bethy Onty. Woaroan Iram—The first i PR 5 oe : ice of the season was PRICE TWO CENTS. ADDITIONAL FROM EUROPE. HE EFFECT OF OUR PANIC IN BNGSAND. Advance in the Rate of Interest all over Europe. The Expected shipments of Specie to America, Statements of tte Banlis of Bogiand and France, &o, ac., a Oar Borepesr fica brovght by the Porope, whicn bed thia cliy from “osion oarly yetterday morning contain scme very /inportunt extracts show ay the grads - ally extend!ng cf ctof the American money crisis in the banking aflaire acd commerce bois of Englaud and the C. nlinent. ‘The Paris Confitwionuel of October 8, speaking of the tax of fiNy doliare tmpoued om every Oniuers !amigrani, remarks that the reazon why the m>) rity of the A nerioan rolners doteat the Chinere i+ probenty, that the reguiar be- havior of the i.tier and tholr indastrious mannera act an & permanent reproach to the dissipation asd daorde> which generally reign #4 tho piacere faThe Ladeprndane Bulge, 1p ie" revue politique,” bay tbo follo ving paragraph — A Vienna correspondent of the Gazele de Coiigms sper though not contdently, cf a Series that Is soon to meef at Paris for the purpose of regulating the differ- ences between Denmark aud Holsteye, the situation of Italy and the reorger!:stion of the Danubian Priacipa'\- ties, the refuction of Eur)yean ara! would be the © rollary of the arre- gemente that would epring from there Conferences, A lcitor which we bavo received from Florenoo, sx 2 which {# confirmed by information received #4} Paris, 20owe' + agtation ts rife in certain portions of Northera: s\nians are endeavoring, |t ls said, to mao Aegggerated hopes that they are esocuraging fo the Penizeria of @ character very hoattie to Austels, | Peviceteg for tke jseation discussed a Siutigarctt | e:¢ fom rereuone which they protesd were | taken by the sovereigns of France and Rus- [om Arrene ere pad 0 Beye deem mado ot Gougue by the Ausirisn miltary police, and un- o seen teken at Rimmi'and oer a ‘28h September, a moyo- fom ptect at tho theatro, and at pprossed. port, th ka i discovered everywhere, ‘80 spproaching exphalon suid that the govern vent In Piedmont, symptor! hemes of gocre\ eck The Courri r de £ of the loan banks cf company “ed oa to he stor ea of the 12): 4 after having seut 4 realenation to th Anatihe tos, Mr. Buck !s ® now yic im of stock gambling. There bas been an ervption o: Mount Vernvias, Acoordizg to ibe latest despatches received by tho French government froma Horg Kong, the tors of Porte bad revurned no reply to the demands for stifaotion ad - cremed to it Ld M. de Bourboniop, the nob Minleter in Chica. At the bead of the griefe set tor th ‘a these demandy \a the murder of the Abbé Chepdetine, put to death by ibe Chinese authoriies. Nomerovs foreign orders coniiaes to arrive in Paris for articles de Paris—jeweiry, broes> ornaments, an: - Biture, Those received fiom England and ize United States, however, are not ec exientize as in former years. Advices from Nap'es of $8:h fw pt. esy -—Oar viniage io progressing favorably onder the circometsnces, li ie a obenge for the voser that any wine wil be mado, F now for upwards of five years there bas been a most an eoUre failure. ‘The French goverermecr: bas received deepatches from Ava, tho caoital of the Firmen empire, dated toe 25th of Jaly, Thty announce thas the Birmia giveramont ro- mains @ trenquil and eves imparstve mpactitor of the evenis whiob are going forward in Britlea India, The die- trict in Pegu leet ooonpie# by se British troops are mar. rhoned by merely » few Sepoye, and the towns of Man. Hasty, acd the cantoumeat of Taye Mye, wolch edueed tc athes the same day, are stlila hoa? ct 1008 iio, of she Aol olives in the department of the Var Francs, which je su flering from want«f have been relieved by abundant showers, which fell on the 3b ait. a n ‘The orop of yc le hkewise moat abundant. the jupetion melancho'y im the extreme. Nothing could possibly be more 40 ‘The trefc retorns of rati in the ied Kiogdom, me on i pn et Oot. amounts! te .! © correspontieg week of 1866 to £480'731} ebowing an lacrease of £2514 niier of Asia report troubles having ‘stam at tho endif A eo ye 4 oo taben by the Shan to declare bis { e. Forces bad jb ths r.dsittows band, and a) the istesd restored IN EUROPE. | TER GRAND Dc IROPTION OF TRADE EVERYWHERE. (From the Loedon News, Oot 4 ) the | | Clouds are gatherieg repidiy lal horin.e. | Tt te Dat too evident ‘hai the val’ ft, | Ste lowent point for ibe present year, and that we are on | the eve of en unfavorable With the siegie ‘ex. ception of Perle, where tha Council of the Bank of France cousiter thomaeives ji ifed in increasing holy lane ment and rail vay #00 wrilos, tbere ary sirony: mptoms of monetary disturbance nearly oll over tho especially observable in Germany, which ie sti! snffering from the consequences of a 100 froe iedulgenos ia the ax- citement 0” | int sore enterprise. Dario; fer new undertal be Inst two or three discount af en oneeual'y time to come. Th: feature demands {mmedite attention ts the ropetition of us Verse coutizental mwement which rok p'sco about the season in ibe yerrs 1865 end 1866 1a all the Serman markets (bh her the case, however, which thet ao - movement will be rendered necessary in ine atber fore’gn cities, inciutirg Amsterdam, where the raic stands already at five per cen!, an anususily que Fon for that place. Nor ia it ‘ety that te Fy marke will ecape the irfiuence, for the Bank of France bas found “ithoulty in kees'ng uo tin meck of bullion, oven Dr ertificlal means and the dificn'ty must be Increased when the rvet of the Continent offers hi ter apiial Ip }be automa of 1865 and if wiler the Continent canned whe Bank of | ogiaed to 5 rate of dicount to alx percent acd cowards. Wesse oo tb ogicg featores refered toare pow happily sbeeni—the aspect fe im other respecia cee Jecly com | cated. ei ar in at leng'h afootlong our money market, especially sbrovgh ike increased aud inevitable demend for fands for tale purporey. G altho: Horling apom the security I bends iadeed, moss win be of option thats nan tm the Pate the emoect mentioned, woal! ercieed im reality © far leom disturbing tefseece: for a public loen tends to draw moaey from a varietw of scources, whilst by rt the Eat indie a por! ve extent vpon ihe fond morcial purporer, and ibis ayy - to avola, if possible, the neccenity of govern nent fcr Jaancial agsitiance. rea) (bia reluctance are obvious: if tho Pritts i