The women of the steerage are persuading the wife of the burglar not to go on shore; their arguments are strong, but not strong enough against the devoted love of a woman.— “Your husband is certain to be hung; what’s the use of following him? Your passage is paid, and you will have no difficulty in supporting your children in America.” But she rejects the advice — goes down the side, and presses her children to her breast, as, overcome with the agony of her feelings, she drops into the boat; and, now that she is away from the ship, you hear the sobs, which can no longer be controlled.

  10 a.m.— “All hands up anchor.”

  I was repeating to myself some of the stanzas of Mrs Norton’s “Here’s a Health to the Outward-bound,” when I cast my eyes forward.

  I could not imagine what the seamen were about; they appeared to be pumping, instead of heaving, at the windlass. I forced my way through the heterogeneous mixture of human beings, animals, and baggage which crowded the decks, and discovered that they were working a patent windlass, by Dobbinson — a very ingenious and superior invention. The seamen, as usual, lightened their labour with the song and chorus, forbidden by the etiquette of a man-of-war. The one they sung was peculiarly musical, although not refined; and the chorus of “Oh! Sally Brown,” was given with great emphasis by the whole crew between every line of the song, sung by an athletic young third mate. I took my seat on the knight-heads — turned my face aft — looked and listened.

  “Heave away there, forward.”

  “Aye, aye, sir.”

  “‘Sally Brown — oh! my dear Sally.’” (Single voice).

  “‘Oh! Sally Brown.’” (Chorus).

  “‘Sally Brown, of Buble Al-ly.’” (Single voice).

  “‘Oh! Sal-ly Brown,’” (Chorus).

  “Avast heaving there; send all aft to clear the boat.”

  “Aye, aye, sir. Where are we to stow these casks, Mr Fisher?”

  “Stow them! Heaven knows; get them in, at all events.”

  “Captain H — ! Captain H — ! there’s my piano still on deck; it will be quite spoiled — indeed it will.”

  “Don’t be alarmed, ma’am; as soon as we’re under weigh we’ll hoist the cow up, and get the piano down.”

  “What! under the cow?”

  “No, ma’am; but the cow’s over the hatchway.”

  “Now, then, my lads, forward to the windlass.”

  “‘I went to town to get some toddy.’”

  “‘Oh! Sally Brown.’”

  “‘T’wasn’t fit for any body.’”

  “‘Oh! Sally Brown.’”

  “Out there, and clear away the jib.”

  “Aye, aye, sir.”

  “Mr Fisher, how much cable is there out?”

  “Plenty yet, sir. — Heave away, my lads.”

  “‘Sally is a bright mulattar.’”

  “‘Oh! Sally Brown.’”

  “‘Pretty girl, but can’t get at her.’”

  “Avast heaving; send the men aft to whip the ladies in. — Now, miss, only sit down and don’t be afraid, and you’ll be in, in no time. — Whip away, my lads, handsomely; steady her with the guy; lower away. — There, miss, now you’re safely landed.”

  “Landed am I? I thought I was shipped.”

  “Very good, indeed — very good, miss; you’ll make an excellent sailor, I see.”

  “I should make a better sailor’s wife, I expect, Captain H — .”

  “Excellent! Allow me to hand you aft; you’ll excuse me. — Forward now, my men; heave away!”

  “‘Seven years I courted Sally.’”

  “‘Oh! Sally Brown.’”

  “‘Seven more of shilley-shally.’”

  “‘Oh! Sally Brown.’”

  “‘She won’t wed—’”

  “Avast heaving. Up there, and loose the topsails; stretch along the topsail-sheets. — Upon my soul, half these children will be killed. — Whose child are you?”

  “I — don’t — know.”

  “Go and find out, that’s a dear. — Let fall; sheet home; belay starboard sheet; clap on the larboard; belay all that. — Now, then, Mr Fisher.”

  “Aye, aye, sir. — Heave away, my lads.”

  “‘She won’t wed a Yankee sailor.’”

  “‘Oh! Sally Brown.’”

  “‘For she’s in love with the nigger tailor.’”

  “‘Oh! Sally Brown.’”

  “Heave away, my men; heave, and in sight. Hurrah! my lads.”

  “‘Sally Brown — oh! my dear Sally!’”

  “‘Oh! Sally Brown!’”

  “‘Sally Brown, of Buble Alley.’”

  “‘Oh! Sally Brown.’”

  “‘Sally has a cross old granny.’”

  “‘Oh — !’”

  “Heave and fall — jib-halyards — hoist away.”

  “Oh! dear — oh! dear.”

  “The clumsy brute has half-killed the girl! — Don’t cry, my dear.”

  “Pick up the child, Tom, and shove it out of the way.”

  “Where shall I put her?”

  “Oh, any where just now; put her on the turkey-coop.”

  “Starboard!”

  “I say, clap on, some of you he chaps, or else get out of the way.”

  “Sailor, mind my band-box.”

  “Starboard!”

  “Starboard it is; steady so.”

  Thus, with the trifling matter of maiming half-a-dozen children, upsetting two or three women, smashing the lids of a few trunks, and crushing some band-boxes as flat as a muffin, the good ship Quebec was at last fairly under weigh, and standing out for St. Helen’s.

  3 p.m. — Off St. Helen’s; ship steady; little wind; water smooth; passengers sure they won’t be sick.

  3:20. — Apologies from the captain for a cold dinner on this day.

  4 o’clock. — Dinner over; every body pulls out a number of “Pickwick;” every body talks and reads Pickwick; weather getting up squally; passengers not quite so sure they won’t be seasick.

  Who can tell what the morrow may bring forth? It brought forth a heavy sea, and the passengers were quite sure that they were seasick. Only six out of thirty-eight made their appearance at the breakfast-table; and, for many days afterwards, there were Pickwicks in plenty strewed all over the cabin, but passengers were very scarce.

  But we had more than sea-sickness to contend with — the influenza broke out and raged. Does not this prove that it is contagious, and not dependant on the atmosphere? It was hard, after having sniffled with it for six weeks on shore, that I should have another month of it on board. But who can control destiny? The ship was like a hospital; an elderly woman was the first victim — then a boy of twelve years of age. Fortunately, there were no more deaths.

  But I have said enough of the passage. On the 4th of May, in the year of our Lord 1837, I found myself walking up Broadway, among the free and enlightened citizens of New York.

  Chapter Two.

  A visit, to make it agreeable to both parties, should be well timed. My appearance at New York was very much like bursting into a friend’s house with a merry face when there is a death in it — with the sudden change from levity to condolence. “Any other time most happy to see you. You find us in a very unfortunate situation.”

  “Indeed I’m very — very sorry.”

  Two hundred and sixty houses have already failed, and no one knows where it is to end. Suspicion, fear, and misfortune have taken possession of the city. Had I not been aware of the cause, I should have imagined that the plague was raging, and I had the description of Defoe before me.

  Not a smile on one countenance among the crowd who pass and repass; hurried steps, careworn faces, rapid exchanges of salutation, or hasty communication of anticipated ruin before the sun goes down. Here two or three are gathered on one side, whispering and watching that they are not overheard; there a solitary, with his arms folded and his hat slouched, brooding over departed affluence. Mechanics, thrown out of employment, are pacing up and down with the air of famished wolves. The violent shock has been communicated, like that of electricity, through the country to a distance of hundreds of miles. Canals, railroads, and all public works, have been discontinued, and the Irish emigrant leans against his shanty, with his spade idle in his hand, and starves, as his thoughts wander back to his own Emerald Isle.

  The Americans delight in the hyperbole; in fact they hardly have a metaphor without it. During this crash, when every day fifteen or twenty merchants’ names appeared in the newspapers as bankrupts, one party, not in a very good humour, was hastening down Broadway, when he was run against by another whose temper was equally unamiable. This collision roused the choler of both.

  “What the devil do you mean, sir?” cried one; “I’ve a great mind to knock you into the middle of next week.”

  This occurring on a Saturday, the wrath of the other was checked by the recollection of how very favourable such a blow would be to his present circumstances.

  “Will you! by heavens, then pray do; it’s just the thing I want, for how else I am to get over next Monday and the acceptances I must take up, is more than I can tell.”

  All the banks have stopped payment in specie, and there is not a dollar to be had. I walked down Wall Street, and had a convincing proof of the great demand for money, for somebody picked my pocket.

  The militia are under arms, as riots are expected. The banks in the country and other towns have followed the example of New York, and thus has General Jackson’s currency bill been repealed without the aid of Congress. Affairs are now at their worst, and now that such is the case, the New Yorkers appear to recover their spirits. One of the newspapers humorously observes— “All Broadway is like unto a new-made widow, and don’t know whether to laugh or cry.” There certainly is a very remarkable energy in the American disposition; if they fall, they bound up again. Somebody has observed that the New York merchants are of that elastic nature, that, when fit for nothing else, they might be converted into coach springs, and such really appears to be their character.

  Nobody refuses to take the paper of the New York banks, although they virtually have stopped payment; — they never refuse anything in New York; — but nobody will give specie in change, and great distress is occasioned by this want of a circulating medium. Some of the shopkeepers told me that they had been obliged to turn away a hundred dollars a-day, and many a Southerner, who has come up with a large supply of southern notes, has found himself a pauper, and has been indebted to a friend for a few dollars in specie to get home again.

  The radicals here, for there are radicals, it appears, in a democracy —

  “In the lowest depth, a lower deep—”

  are very loud in their complaints. I was watching the swarming multitude in Wall Street this morning, when one of these fellows was declaiming against the banks for stopping specie payments, and “robbing a poor man in such a willanous manner,” when one of the merchants, who appeared to know his customer, said to him— “Well, as you say, it is hard for a poor fellow like you not to be able to get dollars for his notes; hand them out, and I’ll give you specie for them myself!” The blackguard had not a cent in his pocket, and walked away looking very foolish. He reminded me of a little chimney-sweeper at the Tower Hamlets election, asking— “Vot vos my hopinions about primaginitur?” — a very important point to him certainly, he having no parents, and having been brought up by the parish.

  I was in a store when a thorough-bred democrat walked in: he talked loud, and voluntarily gave it as his opinion that all this distress was the very best thing that could have happened to the country, as America would now keep all the specie and pay her English creditors with bankruptcies. There always appears to me to be a great want of moral principle in all radicals; indeed, the levelling principles of radicalism are adverse to the sacred rights of meum et tuum. At Philadelphia the ultra-democrats have held a large public meeting, at which one of the first resolutions brought forward and agreed to was— “That they did not owe one farthing to the English people.”

  “They may say the times are bad,” said a young American to me, “but I think that they are excellent. A twenty dollar note used to last me but a week, but now it is as good as Fortunatus’s purse, which was never empty. I eat my dinner at the hotel, and show them my twenty dollar note. The landlord turns away from it, as if it were the head of Medusa, and begs that I will pay another time. I buy every thing that I want, and I have only to offer my twenty dollar note in payment, and my credit is unbounded — that is, for any sum under twenty dollars. If they ever do give change again in New York it will make a very unfortunate change in my affairs.”

  A government circular, enforcing the act of Congress, which obliges all those who have to pay custom-house duties or postage to do so in specie, has created great dissatisfaction, and added much to the distress and difficulty. At the same time that they (the government) refuse to take from their debtors the notes of the banks, upon the ground that they are no longer legal tenders, they compel their creditors to take those very notes — having had a large quantity in their possession at the time that the banks suspended specie payments — an act of despotism which the English Government would not venture upon.

  Miss Martineau’s work is before me. How dangerous it is to prophecy. Speaking of the merchants of New York, and their recovering after the heavy losses they sustained by the calamitous fire of 1835, she says, that although eighteen millions of property were destroyed, not one merchant failed; and she continues, “It seems now as if the commercial credit of New York could stand any shock short of an earthquake like that of Lisbon.” That was the prophecy of 1836. Where is the commercial credit of New York now in 1837?!!!

  The distress for change has produced a curious remedy. Every man is now his own banker. Go to the theatres and places of public amusement, and, instead of change, you receive an IOU from the treasury. At the hotels and oyster-cellars it is the same thing. Call for a glass of brandy and water and the change is fifteen tickets, each “good for one glass of brandy and water.” At an oyster-shop, eat a plate of oysters, and you have in return seven tickets, good for one plate of oysters each. It is the same every where. — The barbers give you tickets, good for so many shaves; and were there beggars in the streets, I presume they would give you tickets in change, good for so much philanthropy. Dealers, in general, give out their own bank-notes, or as they are called here, shin plasters, which are good for one dollar, and from that down to two and a-half cents, all of which are redeemable, and redeemable only upon a general return to cash payments.

  Hence arises another variety of exchange in Wall Street.

  “Tom, do you want any oysters for lunch to-day?”

  “Yes!”

  “Then here’s a ticket, and give me two shaves in return.”

  The most prominent causes of this convulsion have already been laid before the English public; but there is one — that of speculating in land — which has not been sufficiently dwelt upon, nor has the importance been given to it which it deserves; as, perhaps, next to the losses occasioned by the great fire, it led, more than any other species of over-speculation and over-trading, to the distress which has ensued. Not but that the event must have taken place in the natural course of things. Cash payments produce sure but small returns; but no commerce can be carried on by this means on any extended scale. Credit, as long as it is good, is so much extra capital, in itself nominal and non-existent, but producing real returns. If any one will look back upon the commercial history of these last fifty years, he will perceive that the system of credit is always attended with a periodical blow up; in England, perhaps, once in twenty years; in America, once in from seven to ten. This arises from their being no safety valve — no check which can be put to it by mutual consent of all parties. One house extends its credit, and for a time, its profits; another follows the example. The facility of credit induces those who obtain it to embark in other speculations, foreign to their business; for credit thus becomes extra capital which they do not know how to employ. Such has been the case in the present instance: but this is no reason for the credit system not being continued. These occasional explosions act as warnings, and, for the time, people are more cautious: they stop for a while to repair damages, and recover from their consternation; and when they go a-head again, it is not quite so fast. The loss is severely felt, because people are not prepared to meet it; but if all the profits of the years of healthy credit were added up, and the balance sheet struck between that and the loss at the explosion, the advantage gained by the credit system would still be found to be great. The advancement of America depends wholly upon it. It is by credit alone that she has made such rapid strides, and it is by credit alone that she can continue to flourish, at the same time that she enriches those who trade with her. In this latter crisis there was more blame to be attached to the English houses, who forced their credit upon the Americans, than to the Americans, who, having such unlimited credit, thought that they might advantageously speculate with the capital of others.

  One of the most singular affections of the human mind is a proneness to excessive speculation; and it may here be noticed that the disease for (such it may be termed) is peculiarly English and American. Men, in their race for gain, appear, like horses that have run away, to have been blinded by the rapidity of their own motion. It almost amounts to an epidemic, and is infectious — the wise and the foolish being equally liable to the disease. We had ample evidence of this in the bubble manias which took place in England in the years 1825 and 1826. A mania of this kind had infected the people of America for two or three years previous to the crash: it was that of speculating in land; and to show the extent to which it had been carried on, we may take the following examples: —