When a panic proceeds from any matter of fact, it is commonly such as this. The bank turns away some bad customer, who then spreads a report, that the banks are “very short;” when, immediately, every one applies for twice as much as he wants. In Wall-street phrase, “The offerings become very large,” and then they all fight and jostle each other, to see who shall stand first at the counter. These are the incipient stages, which follow the first symptoms. Its increase is only a multiplication and enlargement of the same things; but when it is at its height, there is the greatest fun and fright, frolick and fight, imaginable. But as I cannot get up a pantomime show on paper, I will only relate a few anecdotes of actual occurrence, by way of illustration. MONSIEUR IN A FRIGHT. In the panic of 1837, a merchant of high standing in Broad-street, was indebted to a son of Johnny Crapeau, in the sum of three thousand dollars, money deposited with him on interest. One morning, while the merchant was busily engaged in his correspondence, Johnny came in in great trepidation, and announced the object of his visit, by saying; “Monsieur, I ver much want dat moneys _que vous me devez_.” Ah! I thought it was to remain, we have paid you interest for it, when it was of no use to us. “Eh! mon Dieu! I shall lose.” “If you are alarmed for its safety, we have no objection to paying you.” “Sare, I must have.” The merchant directed a check to be drawn, for the principal and interest, which he handed to him, with a receipt for his signature. “What is dis, monsieur?” “That is a check for the money.” “Den you pay?” “Yes, you demanded your pay.” “Eh! monsieur, (handing back the check)—I was alarm. If you pay, den I dont want. If you no cant pay, den I must have.” FOLLIES OF A PANIC. Another instance quite as reasonable, and of equal notoriety, was a French gentleman of respectable property, entirely out of business, and out of debt. His sympathies were so much wrought upon, by the reported distresses of the community, that he began to be alarmed for himself; and accordingly applied to his bankers for a loan, which being granted, he suffered the money to lie on deposit: but his excitement growing warmer, he applied again and again, when being expostulated with by the cashier, that he did not want the money, and that others did, he replied, “sare I am afraid dat dis ting will me ruin. Sare, I must have moneys. I shall starve, if I have not moneys. I must have de loan.” His request was complied with, and when the excitement was over, without ever having drawn a dollar from the bank, he paid his debts with the loss of interest, and the gain of a good deal of mortification. These are some of the follies of the panic. The villainies also deserve some notice. VILLAINIES THEREOF.