The Sun.
London, England, 1841-04-20 00:00:00

UNITED STATES.

By the ship Baltimore, Captain Funk, from New York
for Havre, in 16 days, we have received a file of papa's to
the 2,1 iast. Ti.e!e is no information afforded of the mis-
sing steamer, the Pres:dent, by her. By the latest ac-
counts we find that General Harrison continued indiaposed;
but seas decidedly better than he had been.
The following is from the Morning Courier of the Ist
instant, on " the FinanciLl State of the Country :"
" There is no one fact so universally admitted by all
pasties and every class of pel.Veians, and by those too who
eschew poli'ics in every shape, as the absolute necessity of
an interference by the general Government to preerte the
credit of the States. It has now become apparent to every
body, that vte are on the eve of a crisis in regard to State
credit and the honour of the country, which must be met by
the representatives of the people le Congress assembled,
at the approser:isg extra session.
" Politicians, and public men generally, are very apt to
postpone the consideration of important questions as long
as it is possible to do so, and very frequently avow their
determination to oppose certain nanaures, simply from a
belief that they will never he brought to test the truth of
their declarations. And such is precisely the case with
hundreds of prominent men in the United States ie regard
to the question of loaning to the States the credit of the
general Government,' as it is called, but more proper ly
speaking—the people determining to use their joint credit
f)r their joint bent fit.
" The constitutionality of leaning money to or depositing
it with the States had already been definitely sett!, d; aird
Sc) has the question of dividing among the States the pro.
coeds of the public lands." The article continues on the
subject of Mr. Clay's " Land Bill."
An abstract of the Bitl for the relief of the banks, which
has passed both Houses of the Pennsylvania Legislature,
and is now before Ose G vereor for his signature, is re-
ceived by this vessel. Considerable doubts rested upon
the question its to whether or not he would sige it ; pubic
opinion vetried considerably on the question.
Sec. 1. PrJeides that the hanks of the Commonwealth
should be liable fur the payment of their debts, as arc pri-
vate persons.
2. Gives the Bank poteer to issue small notes to the
amount of 15 per cent. on their capital stock for rive. years.
3. Liablities sotto exceed double the amount of capital.
4. The stock owned by the Batiks not to exceed (ex-
cept of this cammonwealtn) 50 per cent. of the amount of
their capital, iespectively ; iirovided that no investments
already made snail be conipelird to he reduced more ra-
pidly than 124 per cent, every 90 days.
5. No President or other officer to loan its funds.
6. No loan to be made to cashiers, &e.
7. Abolishes proxy voting.
The remainder are of mere detail, with the exception of
the last, which is,

17. Authoriz ng the capital of the United States Bank,
if the shareholders desire it, to be reduced to 14 railbo-s,
and the Bank t.) be reLased from plot of the bonus.
The United States Bank closed at 174, being 1 ad•
vance on the previous day.