The Sun.
London, England, 1839-11-16 00:00:00

THE SUN, LONDON, SATURDAY, NOVEMBER 16, PM.

Phillips, jun., was. The whole of the special constables
were summoned to attend that evening, and called out I
on duty. Did not see the military on duty that evening.
There was great alarm and excitement in the town the
whole night, from six or seven o'clock in the evening. It
was caused by reports that a large number of armed
men were within a few miles, and were expected to
attack the town at four or five o'clock in the morning.
i
On Monday, at between one and two o'clock n the
morning, Mr. Thomas Walker arrived here on horse-
back. He had been sent out for the purpose of watch-
ing the movements of the armed men. The M.tyor and
Mr. Brewer, a Magistrate, who is also a surge.n, went
out to see Walker.
Mr. Geach submitted that it was not evidence, unless
it was intended to prove that the prisoner wounded
Walker.
Mr. Phelps said his object was to show the state of
the town.
The examination was then resumed.
It was with difficulty he could get off his horse, he
was ordered by Mr. Brewer to be sent home to bed.
Special constables were sent out by the Mayor. The
Mayor, in consequence of the information he received,
sent to Bristol for troops, and orders were given to the
special constables to apprehend all suspicious characters.
Cross-examined—The direction given was. that the
constables were to be placed at the cross-stands. The
Aiayor placed the instructions in my hand, and I con-
veyed them to the constables.
By the Rev. J. Coles—The Mayor requested me to
place the special constables. We gave orders to the
special constables as to what thav were to do. The
Mayor was not aware of what directions the exercise
of my discretion gave them. The Mayor had enough
to do, for prisoners were brought in every ten minutes.
The Mayor continued taking depositions until Lieute-
nant Grey came for orders, which was within fifteen mi-
nutes of the firing being commenced in the Westgate.
Mr. Phelps here made an application for the adjourn-
ment of the examination till to-morrow, as he had an-
other material witness, but who could not be produced
till to-morrow.

The Court, after holding a consultation, declined to
adjourn the case.
This closed the case for the prosecution.
Mr. Geach, on the part of the prisoner, declined
calling any witnesses.

The Chairman then addressed the prisoner in a
very feeling manner, and said :—" Prisoner, the Magis-
trates have given your case the most serious considera-
tion, and it is with feelings of the most sincere pleasure
that I state they do not feel themselves obliged to com-
mit a little boy for the serious charge of high treason.
There is no doubt that you were out the whole of that
night, and that you have fallen lately into very bad
habits ; let, however, the escape you have now had be
a warning to you, and let we most earnestly implore
you to give up the habits which I fear you have fallen
into, and return to your home. The Magistrates feel
great pleasure in discharging you."
John Bruen (aged 71), and Lewis Thomas, who had
been remanded for the production of farther evidence
from Glamorganshire, were then placed at the bar, and,
after a suitable admonition from the Chairman, were
discharged.—The Court adjourned at eight o'clock till
ten to-morrow morning.

MONEY MA.RKET and CITY NEWS

(FRIDAY EVENING.)
CHRONICLE.—The price of stocks was rather
better this morning both for money and the account, par-
ticularly for money ; but in the afternoon the Bank of
England broker appeared again as a seller, and the
imprcvement vanished, prices leaving off the same as
yesterday.
Money has been less in demand to-day, and has shown
a disposition to be abundant ; but such we apprehend is
still the position of " the Bank," as the Morning Post
terms it (notwithstanding that it may have rather less
empty coffers A present, than it could boast of lately),
that money cannot be allowed to become easy.
We do not blame the Bank parlour for having kept
money tight under their existing position. Obliged by
the terms of their charter, which is now, however, draw-
ing onwards to its close, to maintain the circulation of
the country at a specific value, we do not assert that
the Directors could have adopted a different course from
that which they followed after their bullion had been
drained. But what we have always maintained is this,
—that the people of this country are now suffering for
the past blunders of the Bank Directors, who brought
themselves into their present difficulties by former ex-
travagance, and are thus in a position where they ought
never to have been.

POST.—The arrival of her Majesty's frigate
Imogene at Portsmouth, from the Pacific, puts the
Bank of England in possession of specie to the amount
of two millions of dollars in gold and silver. Several
less considerable sums have lately come to hand by
different vessels, and the exportation of gold from our
shores having ceased, the position of the institution has
become comparatively easy. Independently of the re-
cent influx from the westward, the actual amount in
the coffers of the Bank bad already so far increased as
to prove that the demand for the Continent was ex-
hausted. The returns which will be laid before the public
in the course of a day or two will place the average of the
item " bullion" at less, but we have every reason to believe
that the actual sum held by the corporation, including the
accession of the last few days, to which we have alluded,
is not much short of three millions and a quarter. The
exchanges are maintained at the improved rates quoted
for them on Tuesday, and we think a general ameliora-
tion in the prospects of commerce may be looked for at
no very distant period. A fear is, nevertheless, expressed
lest, in the event :of a reduction in the discount at the
Bank to much below the present charge of six per cent.
per annum, the facilities of obtaining accommcdation
may have the effect of involving the country in renewed
difficulties. We quite agree in this anticipation. In
almost every part of the world a high rate of inte-
rest is now obtainable on loans, and money natu-
rally seeks investment where it can be laid out to
the greatest advantage, or rather that which seems
to be so, for, unfortunately, our capitalists are, for
the most part, too much dazzled by the attraction of
a liberal dividend to pay the requisite attention to
the securities of the principal invested. That such
is the case has been attested in innumerable instances,
and it seems to us to have at length become high time
that something in the way of an antidote should be ap-
plied to this foible of our countrymen. In a nation
where such enormous sacrifices are made to uphold the
credit of the Government, and in which none of those
lapses that disgrace other countries have occurred, the
people may be said to be educated in that kind of finan-
cial discipline which is enforced for the fulfilment of the
public engagements, and it is, we presume, upon this
principle that an Englishman is less on his guard than
he should be against the systematic attempts made upon
his pockets by nations who are, by habit, little scrupu-
lous in this particular. In the event of a lowering of
the interest by the Bank, whenever that measure shall
be determined upon, we may be pretty sure, unless our
export trade should materially increase, that the altera-
tion will be the signal for a resumption of the drain of
the precious metals.

SUN.—The contents of the private letters from New
York, received by the Quebec packet ship, have rather
increased confidence in the city this afternoon, and busi-
ness was brisk in the American trade.

The Foreign Exchanges were stated this afternoon at
the following rates :—Paris,2sf.62lc. to 25f. 671 c. ; Am-
sterdam 12.31 ; Antwerp, 12.34 ; and Frankfort, 1504.
A Director of the Bank of England, we regret to
state, committed suicide to-day. The party, we allude
to is Mr. A. Sims. He was possessed of an ample for-
tune.

Consols left off rather heavily at 90i II for Money,
and 901 4 for time ; Exchequer Bills closed at par ; and
the New Three-and-a-Half per Cents. at 984.
Spanish Consols, in consequence of the state of the
account settled to-day, fell this afternoon to 278 ;
and Portuguese New Five per Cents. dropped to 33 ;
Brazil Stock closed at 721 ; and the other Stocks about
the same as at Two o'Clock.

The Shares were heavy, but without alteration.

In consequence of the heavy rains, the meadows
in our neighbourhood have been for the sixth time,
e
during the present year, laid under water ; so conti u
ous a fall of wet has scarcely been ever known in this
part of Wilts.—Devizes Paper.
The potatoe and turnip crops have been excel-
lent this year in England and Scotland, and are of the
best quality. The latter is paqicularly beneficial to the
feeders of sheep. Unfortunately, the reports from Ire-
land are not so favourable.
MELANCHOLY SUICIDE.—A report has been
brought us, which we have reason to be believe to be
too well founded, of the death of Mr. Sims, the chairman
of the Great Western Railway Company, who, in a fit
of temporary insanity, put a period to his own existence
by shooting himself through the head. We understand
that this melancholy event has not proceeded from any
pecuniary embarrassment, nor from any thing connected
with the affairs of the railway. in which he held shares
to a very trifling amount.
DOVER, Nov. 15,—The Princes Ernest and
Albert of Saxe Cobourg, accompanied by Count Kolo-
wratb,,Baron Alvensleben, and Lord Alfred Paget, ar-
rived here, with their suite, last evening about nine
o'clock, in four of the Royal carriages, and proceeded
tPayn's York Hotel, where the party dined and slept.
by
At half-past three o'clock this morning they left for
Calais, in her
nded at Majesty's steam packet Swallow, Captain
! Sherlock, attendeychael
Calais
i Majesty'sssoen
after
oo'clock. Firebrand.
k.
Lord
The party la
Alfred Paget returned
eeeime forme London.diatelyin the Firebrand,
and proceeded about
—LTalistEnFig the remains o
uht
family
FUNERAL OF THE DUKE
the late Duke OFBOEfDßFeodfßourd.
were removed from the
amqrhe Duke of Bedford,
mansion in Belgrave-
square, to Watford, Herts.
Marquis of Tavistock, the Lordsßssell
Abercorn, &c.,
will meet the funeralu c, Marquis of
distance from Chenies church. Lordwr7ertege a short
thAesley Rus-
sell, Marquis of Abercorn, Lords Henry,
and Cosmo Russell, leave town early thi melreeisan der,
mg, to
attend the interment of their deceased relative.

NEW WORK BY THE AUTHOR OF " VALENTINE

VOX."
On the Ist of January next, Part 1., price One Shilling—(to
be continued Monthly, and to be completed in Thirteen
Parts, with numerous Illustrations)—of
THE MODERN RAKE'S PROGRESS.
By the Author of " Valentine Vox."
Richard Bentley, New Burlington-street.
*.* Agents :—John Cumming, Dublin ; Bell and Brad-
fute, Edinburgh ; Duncan Campbell, Glasgow ; W. Grapell,
Liverpool ; W. Byers, Devonport; H. Davis, Cheltenham.
Orders received also by all Booksellers and Newsvenders
throughout the United Kingdom.

I-IS MAJESTY the EMPEROR of
AUSTRIA having AUTHORISED and GUA-
RANTEED several DISTRIBUTIONS of MONEY
PREMIUMS, which (though they are NO LOTTERIES)
offer many possibilities of obtaining

LARGE FORTUNES,
HEINE BROTHERS, at HAMBURGH,

are NOW SELLING SHARES for the said DISTRIBU-
TIONS. Persons desirous to purchase may receive, PRE-
VIOUS to giving any order, the PROSPECTUS and PAR-
TICULARS, upon addressing. WITHOUT DELAY, a line
to HEINE, BROTHERS, at HAMBURGH.

'P. S.—THE NEXT DISTRIBUTION contains Portions
of TWELVE THOUSAND, SIX THOUSAND. THREE
THOUSAND, ONE THOUSAND FIVE HUNDRED,
ONE THOUSAND, FIVE HUNDRED, TWO HUN-
DRED AND FIFTY, TWO HUNDRED. ONE HUN-
DRED AND FIFTY, and ONE HUNDRED POUNDS.
THE DISTRIBUTING DAY BEING NEAR, and
Shares clearing off most rapidly, A RISE IN PRICE will
soon occur.

LONDON :
SATURDAY, NOVEMBER 16, 1839.

We have received several letters, one of which
we have published, referring to the causes of the
present discontent, and the duties of the middle-
classes in relation to them. These are both very im-
portant topics, and we are glad to see a disposition
to inquire into them. The middle-classes, and
indeed all classes, can have no real interest in main-
taining abuses, or in oppressing their fellows, and
if they both maintain abuses, and insist on some
portions of the. community being oppressed, we may
be sure that their conduct is dictated by igno-
rance, not by malevolence. We therefore
are extremely anxious to promote the views
of our correspondents, and inquire both into
the causes of the present discontent, and the present
duties of the middle classes.
We are the more anxious to offer a few observa-
tions on these topics, because the Press, we observe,
with regret, is generally occupied with personal and
party matters, and little or nothing is done to gather
the people round any one principle, or direct them

in any one course of conduct. Should a change of
Ministry, or any similar occurrence take place to-
morrow—should the bulk of the people, from auy
circumstances, be called on to act and decide for
themselves, they are so little informed as to what

they ought to demand that they would be
more likely, had they
,the most ample power,
to injure than benefit themselves. The Tories
have something like a rallying cry, " Extension of
the Church, more power, more money and endow-
ment for the priesthood." But their policy is
clearly impossible, and could only be prosecuted
were they in power, to the ruin of the empire.
When the very foundations of the priesthood are
assailed, when the utility of the union between
Church and State is denied, when it is openly as-
serted that an Established priesthood is totally un-
warranted by the Gospel, and is mischievous to the
State, when conflicting sects, several of which are
almost as numerous as the favoured sect, deny its
assumed superiority, and when each sect is ready
to do battle, or submit to imprisonment, for the
truth of its own doctrines, it is, strictly and cor-
rectly speaking, contemptibly absurd, in any states-
man to risk the peace of the Empire in order to
promote—and without the probability of success—
the ascendancy of one presumptuous order of prieSts
The demand of the Tories, therefore, their sine
qua non of more Church, as the remedy for
the national evils, is a mere piece of impos-
sible humbug ; at the same time their opponents
have no similar bond of union, no one. demand
about which all are agreed, which they can or ought
to make the rallying cry of their party. In fact,
the Liberals, not having their course directed by any
ultimate and great principle, as they have achieved
their several successes, now lopping off a few rotten
boroughs, and then carrying municipal reform, have
many of them become contented with what they
have got, and they have refused to assist others, who
have got nothing, in getting what they require.
Every little success has separated some persons
from the Reformers, and, still leaving the bulk of
the people thoroughly unsatisfied and discontented,
has also left, we are afraid, great ignorance both as
to the causes and the means of removing the dis-
content of the people.

It is now necessary, though it may perhaps be
somewhat irksome, for the newspaper press to en-
gage in this serious investigation, because that
press is daily growing in importance, and has
charms of its own which enable it to make almost
every other species of press comparatively unimpor-
tant, not to say obsolete. Who can remain igno-
rant of the events of the day ? Almost every man
reads some part of some newspaper or other, while
millions never read anything else. Books are few
in the United States, but newspapers are extremely
numerous. Other countries are following that ra-
pidly-growing people in this point as well as
England. Journals are multiplying in France and
in Germany, though slowly, and will necessarily
continue to multiply, overshadowing other species
of literature on the plain and certain principle that
the realities of the present time must be infinitely
more interesting to living and intelligent beings
than the unrealities of the imagination, or the
doubtful and uncertain facts of past ages. The
as it were, seen
duty to
ait nkf
makes
cothrhl de
their
discuss such important questions as those we have
peculiar position
al
adverted to on
l throughte th affairsem , ofm
the highest principles of political
being,indispensablewspapers are placed,
science.

Besides the discontent which is avowed by the

Chartist Convention, nnr.i br.-‘,,rAk!. nut in in-

surrections, as at Newport, mire is a deeper seated
discontent, of which those a-e only the surface
eruptions. Mr. MACAULEY, at Edinburgh, a few
months ago, supposed it to be advisable to employ
a large portion of a long and eloquent speech to re-
fute some new notions about property. No incon-
siderable number of writers—one lately appeared
in our own columns—have thought it expedient to
defend the claims of capital from the heretical
tacks of some modern writers. Mr. OWEN is by no
means the only author, as out correspondence con-
vinces us, who now attacks tie very foundation of
revealed religion ; and if we have not amongst us
many men as learned and as 2atient as STRAUSE,
there are several, we are told, who have jumped to
conclusions not dissimilar from his. The utilit \
of every species of punishment yet invented to
repress crime and retain men in obedience, is nol
merely questioned but openly denied ; and state -
men, by successively abolishing capital punishment
in many cases, condemning t own schemes of
transportation, and giving up their plans of whip-
ping and imprisonment, have admitted the jus-
tice of the objection to their scheme. The
Monarchy and the Peerage, the union of
Church and State, and even the system of represen-
tation itself, have all of late been severely attacked,
and nothing in politics, nothing in human institu-
tions, nothing in tradition, seems any longer hallowed
or sacred in the national mind. This general state
of doubt, this almost universal attack on some of
our institutions or most accredited principles, is at
the bottom of those discontents, the causes of which
we are now called on to explore. We may perhaps
hereafter pursue this subject in detail ; but we stop
now by remarking that those will never reach the
" height of this great argument" who are disposed
to acquiesce in the doctrine that discontent is natu-
ral to man, and that his nature must be changed or
subdued by an artificial system, which, to say the
best of it, is the offspring of the weakness or the
wickedness of that very human nature it is to model
and reform.

The Currency and theCorn.laws occupy a con-
siderable portion of the public attention, as the com-
munications we receive fully prove. So many
weighty and extensive matters, however, will pre:s
on the Legislature for consideration when it meets,
that body having for three or four sessions
wasted—irredeemably wasted—most precious time
on factious disputes, that it will be quite unable,
meet when it will, to settle all the questions which
will be brought before it. The Corn-laws will
undoubtedly be again discussed, and we see
enough to be convinced that the attention
of Parliament will also be called to the Currency
after a fashion which will not allow of its giving,
that subject the go-by. Alen of all parties are dis-
satisfied with its present state. Nobody says it
works well, and the only justification of it is the
assertion of a few self-sufficient, self-satisfied theo-
rists. The time is not yet come, however, for the
national welfare to be sacrificed in order to spare
the confusion of the author of PEEL'S Bill, or save
from mortification the parents of the Corn-laws.
The interest which these subjects excite has called
forth a long and able letter on them, which ap-
pears in another part of our Journal, and which,
for the novelty of its views and the ability with
which they are enforced, deserves to be read.

The latest accounts from the Spanish capital are
calculated to awaken apprehensions of the recur-
rence in the Peninsula of the popular outrages of
1836, and probably with consequences still more
disastrous. Not only are the people generally
greatly dissatisfied with the Prorogation of the
Chambers, but even a considerable portion of the
army at Madrid has already menaced the REGENT,
in the event of any further attempt to render the
Constitution a dead letter. Colonel MENDiviLLE,
selected as the organ of that powerful body, found
himself compelled to represent to the Spanish Go-
vernment on the 3d instant, that political distrust
in the honest and liberal intentions of the QUEEN
was not confined to one section of the Army, but
teat it pervaded the whole of the troops, and that if
the Cortes were dissolved, and the former enemies
of the Constitution placed at the head of the Royal
Councils, the loyalty of the soldiery could not be
depended upon. This declaration is reported to
have thrown the Court into great confusion. But
who were the men that the REGENT consulted on
this occasion ? The answer which we must give ;
has astonished ourselves. Not OLOZAGA, or
CALATRAVA, or any persons enjoying the public
confidence; but ISTURIZ and ARRAZUELA_
ISTURIZ, so abominated by the Liberals, that to
escape personal violence he is compelled to steal like
a thief in the night, disguised to the Royal presence,
We are further given to understand that TORENO,
MARTINEZ DE LA RoSA, but above all the
King of the FRENCH, are at the bottom of this
conspiracy, the object of which is to abolish the
Constitution, and re-establish the Estatuto Real. It
such an attempt be made it will be the prelude to
the most deplorable excesses ; for we feel assured
that great as may be the influence of ESPARTERO
over the army, the bulk of the troops will fight
only under the Constitutional standard. Besides,
it is not to be expected that the people will be con-
tent with the simple expatriation of indivi-
duals who first enriched themselves by pub-
lic plunder, and twice sought to betray the
liberties of their country. In the meantime, a de-
termination
not to pay taxes should the Cortes be
dissolved before or at the expiration of the period
of prorogation, is openly manifested by the citizens
of Madrid and the inhabitants of nearly all the
large towns south of the Ebro. This determination,
if persisted in, must bring the question to a speedy
issue. Such is the political aspect of Spain, inde-
pendently of the war in Catalonia and Arragon ;
and we think it must be allowed to be sufficiently
gloomy to warrant great fears for the future.

New York Papers of the 26th ult., and Canada
Journals of the 19th, were received this morning
by the Garrick, which arrived at Liverpool yester-
day. The news, though of a date only three days
later than the accounts received yesterday is
highly important to commercialists. As it will be
found very fully detailed in the subjoined extracts
from the New York Papers, it would be a waste of
time and space to recapitulate it here. Great in-
convenience was experienced by the labouring
classes in New York by the want of small change.
Many poor persons found it impossible to procure
absolute necessaries for their families, being unable
to procure change for the smallest denomination of
notes tendered them in payment of wages.
The reception of the new Governor by the in-
habitants of Quebec appears to have been more en-
thusiastic than was expected. His first Proclama-
tion, of which a copy will be found below, is alto-
gether a very sensible document:—
COMMERCIAL REPORTS AND RESOLD- ,

TIONS.
On Tuesday evening, the 22d ult., a number of busi-
ness men assembled at the City Hotel, " to consider
the present situation of affairs, and devise the means
for such aid to the mercantile community as the exi-
gency of the times requires." The meeting was ad-
journed to 'Wednesday evening, when nearly 500 of the
principal business men assembled. The following report
was made by a Committee appointed at the former
meeting :

" That, after such inquiries and deliberations as the
limited time would allow, they have deemed it expedient
to present the following views and resolutions for the
consideration of this meeting
" When the suspension of the Philadelphia banks
was made known in our city, the whole community wil-
lingly put forth their energies to sustain the wholesome
position of our institutions, with a full hope of recipro-
cal good feeling in return, at as early a period as the
common safety. would admit.
" That period having now arrived, it becomes the

-,vhieh will
tr:;.inner ti-ZLT
protection and benefit. They therefore recommend the
following resolutions :
" Ist. Resolved, that the time is now at hand when
the abundant crops of cotton, tobacco, and bread stuffs,
will effectually relieve the present embarrassments, and
that assistance is required only for the next few months.
" 2. Resolved, that a Committee of ten be appointed
by this meeting to call upon the several banks, to urge
the necessity of extending their discounts ; and that
the said Committee ascertain from the hanks, in writ-
ing, and report to the meeting to-morrow evening, such
banks as will, and such as will not, comply with this
request.

,loty of all +r, ',non some cour,7

3. Resolved, that the banks be requested to re-
ceive in payment for debts, and pay out for notes or
bills discounted, the bills of such safety fund banks
this state as they may designate, aid that the Cam-
mittee ascertain and report to-morrow evening what
banks will, and what banks will not, comply with this
request.

4. Resolved, that the presidents of the several
banks be requested to call a special meeting of their di-
rectors to-morrow morning, for the purpose of taking
some immediate action upon the requests made in the
foregoing resolutions.
"5. Resol% ed, that unless some effectual measures of
relief shall be immediately adopted, we see nothing that.
can avert the prostration of the mechanical, manufac-
turing, and commercial classes of the city.
" 6. Resolved--That a Committee of three be ap
pointed by the Chair to retire and report the names of
gentlemen to compose the Committee of Ten, under the
.econd resolution ; whereupon
" Messrs. John M. Leavitt, Archibald Gracie, and
Robert Jaffrey, were appointed said Committee, who
reported the names of the following :
" Thomas Denney, P. H. Schenck, J. Amory, Jo-
:eph Tucker, Charles Wardell, Gabriel P. Disosway,
D. A. Cushman, A. G. Stout, 0. Thompson, and Ro-
bert Jaffrey.
" 1. Resolved—That this meeting adjourn, to meet
it the City Hotel on the evening of the 24th instant,
at seven o'clock. to hear the report of their Commit-
tee ; and that the proceedings of this meeting be pub-
lished in the daily papers, signed by the chairman and
secretary.

" PETER H. SCHENCK, Chairman.
" J. AMORY, Secretary."
A Sub• Committee was appointed to wait upon the
banks this morning with the foregoing resolution, and
to obtain their decision thereon, consisting cf Messrs.
Amory and Denny.
On Thursday evening the merchants, brokers, &c.;
assembled to hear the report of the Committee ap-
pointed to wait on the banks. The report of the Com-
mittee was then read, which stated that they had ad-
dressed a circular to the banks, asking if they would
extend their line of discounts, and take safety fund mo-
ney at par in payment of debts, and pay it out at the
same rate on discounts. To this circular they had re-
ceived written answers from the principal banks, of
which the following is the substance :
Bank of New York.--This institution will extend its
'liscounts from sto 7 per cent on its capital, if the
other banks will do the same, and take safety fund mo-
ney at par, if all the other banks do so.
'Phcenix Bank.—Their discounts now exceed their
receipts ; they desire to increase their discounts as soon
is they can see it safe so to do ; and will co-operate
with the other Banks in receiving safety fund money
at par.

Bank of the State of New York.--This Bank, as a
matter of delicacy, must follow, not lead, the other
Banks in relation to safety fund money. It will ex-
tend its discounts as far as possible consistent with its
safety, and the continuance of specie payments.
Union Bank.—Will not consent to take safety fund
money at par. Wishes to extend its discounts pro rata
vith other Banks.

Merchants' Bank.—Will not take safety fund money
at par ; will increase its discounts five per cent. on its
capital if the other Banks will do so ; will afford all
possible relief to the merchants, consistent with its duty
,o redeem all its liabilities in specie.
Mechanics' Bank.—Feel great sympathy for the mer-
!hants, but does not undertake to do anything definite
for them.

Manhattan Bank.—Will do all they can to give relief
consistent with engagements to the public to maintain
specie payments.

North American Trust and Banking Company.—
iympathiv, considerably, agree to do all they can, bu
promise nothing definite.

National Bank.—Will go as far as they can, without
stopping specie payments. The line of their discounts
sup to the limit of the law. Must consult the other
Banks about taking safety-fund money.
Bank of America.—Do all they can, but must con-
tinue to pay specie. Safety -fund money they can't touch
it present.

American Exchange Bank.—Will extend ten per
cent. on its capital, receive safety-fund notes, and do
anything the others dare do.
Bank of United States in New York.—Had no board
of Directors ; but the Cashier thinks they will do all
they can to give relief.

Leather Manufacturers' Bank.—Will do anything the
other banks generally do.
Dry Dock Bank.—No quorum ; but the Cashier
thinks they will do as mu ch as they can, if the others
do the same.

City Bank.—Willing• to relieve, but must pay all its
obligations in specie. Can't take Safety-fund money.
Merchants' Exchange Bank.—Will do all it can con-
,istent with its obligations to pay specie. Can't say
anything yet about Safety •-fund money.
North River Bank.- —Will extend its line of dis-
.ounts five or ten per cent. on its capital, if others do
A:o ; thinks it would be safe so to do ; will do what the
others do generally about Safety•fund money.
Commercial Bank—Viill co-operate with other banks ;
but thinks the small banks must do what the large ones
direct.

Bank of Commerce.---Its Directors lived a long way
)ff, but when it could lbe got together it would give
such an answer as it thought was best.
The Fulton, Seventh Ward, Butchers' and Drovers'
Banks, and Mechanics' Banking Association were not
prepared to give an anstver.
The Chairman then told the meeting the sum total of
these letters was, that the banks said they had given all
,he relief they could ; :sod is was for the meeting to say
if that relief was sufficient, The Committee now re-
signed their trust to the meeting.
The report was then accepted, ordered to be printed,
and thanks voted to th e Committee.

The following resolt itions were then passed :
On the motion of Lewis Tappan,
Resolved, that e Committee be appointed to make
in immediate request to the banks that they will take
measures to hold a convention of all the banking institu-
tions of the city in the! course of to-morrow, with a view
,A:o increasing their di ;counts, and affording such other
7elief as the exigenci t.s of the crisis requires."
Which resolution being unanimously adopted,
Messrs. 'F. Dent2y. W. P. Miller, 0. Thompson,
P. H. Schenck, G. P. Disosway, J, Amory, R. Jaf-
fray, F. S. Lathor7), A. G. Stout, and C. Wardell,
were appointed a Co mmittee to carry the same into effect.
It was then, on rnotion,
" Resolved, tha t this Committee report on Saturday
evening, at 7 o'clock."

Atter some rem arks by the Chairman, Mr. Denny,
it was

" Resolved, that in the opinion of this meeting,
.here is no alternative—if the banks do not afford as.
stanee, there must be an almost universal bankruptcy.'
The meeting Caen adjourned to Saturday evening,
Oct. 26, at 7 o'clock.

RATE OF SALES AT THE NEW YORK
STOCK EXCHANGE.
1000 Corporation Bonds 951-
253 Shares United States Bank, cash
30 do. Bank of Commerce 92
350 do. Del. and Hod. Canal Co 53.1

175 do. North American Trust Company 46,
50 do. Dry Dock Bank
_ _

10 do. Merchants' 'Exchange Co lOO
30 do. Farmer's Trust and Banking Company 74
10 do. American Exchange Bank
10 do.• Ohio Life And Trust Company
50 do. Vicksburg Bank
50 do. Bank of Kentucky . 66;
00 do. Haarlem Railroad 36:
70 do. Stonington. Railroad l7
20 do. Morris Ca.nal Company
20 do. Mohawk Railroad 5O
50 do. Boston and Providence Railroad
40 do. New Jersey Railroad Company 20 days 83;
20 do. Canton Company, Baltimore