FEDERAL GAsCONADE.
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In giving notice of Federal Meeting in New
York. one of the Bank organs of that city laid down
rule of conduct for said meeting. The public
and all the world besides, assured that if the
subreasury bill passes, it shall be enforced in
the city ofNew York! The federal paper says :


" Whatever may be the fate Of the coasntry il
this bill of denominations should become q la1c
and be enforced thank God a0e are, as get, free
The people hare still the right, not only to meet
and tell their representatives that they must not
presume to act in opposition to their qrishes but
they may also tell them that if they do, a IaaO so
passed shall not be obeyed-Gye shall not''


The same Federal paper moreover says, the peo-
pie will not only make themselves heard but feh
BY which to understand, that the "servile
route" are all to be "stuck'' through with the
qutlLs Of the Bank aristocracy-6dyonets are not
mentioned this time This mode of reasoning is
quite fashionable with the Federalists and is like
the first of the fifty reasons an old bachelor gave
for refusing marry. So the scrub-aristocracy of
New York begin their reasoning by saying it
|" ShGnit be enforced IN this city" Bah how will
these contemplate braggadocios help themselves :?


The proceedings of the meeting were not so
violent as the mandate of the Federal Press SEEM
ed to indicate. Itwas merely resolved, in sub
stance, that as the bankers and merchants. are
actively engaged IL, commerce and in different
enterprises, all tending to the comfort and ham
piness Of our citizens" the aforesaid bankers and
merchants aOiH hare the eight millions of the pub
lie money, (Which is the amount supposed to be
generally on hand) for the facilities of discount
and bank accommodations" to promote the COM
fort and happiness of our citizens; p particularly of
T" the citizens Of the city of NeaO York." So the
matter is entirely settled-the merchants and bank
ers of New York lOiH haze the naoney-and when
they get it, we may expect, among other important
results, that several Jew-bankers, and among them
the Josephs, will resume operations. There was
another matter settled to the entire satisfaction of
the meeting 10 New York-viz- that Mr.. Clay
shall be the next President. We think the sh1u
is little premature. Let the Federalists get a
National Bank, and then the shall of the bankers
aad merchants will come with potency and effect,
and the "servie route" will be spared the trouble
of thinking for themselves.