Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1820-06-20

Nc StFo ftdIC Wis F7ls .
we have already furnished one side OF
the story.--Thc demand Of the Y. s.
Office does certainly appear extraorli-
nary; as we understand it has not been
file custom for it to demand not daily
hut weekly settlements whenever it has
made demand for settlements at all
Some time in Marcl last, the Branch
Rank Of the II. S.tn0tifed the State and
Planters Banks that from and after
the first day of May then ensuing. that
daily settlements Of accounts would be
required on the morning of each day OF
business and the balances appearing.
paid or received accordingly. by either
institution. Upon the receipt OF this
unexpected and extraordinary requisi-
ton ON the part Of the Bank of the q.
S. (for according to my idea of COM
mon banking arrangements, the term
extraordinary, is strictly applicable to
the case,) the directors of the STATE and
Planters banks determined that they
would not tamely submit to measure
thus systema,i cally designed to throw
the entire burthen on them of procuring
sDecie from distant countries at great
risk and charge. to gil the Golfers of
the bank of the U. S. free OF risk and
expense to that institution-The great
advantages which the Bank OF the u.
s. possesses over the State or local
Banks by means of being made the de-
pository of Government funds to a large
extent. has enabled it for length of
time TO abstain from issuing any OF Its
own paper, consequently the git of their
proposition to the local Banks was
simply this You can get none OF cur
paper to rebut our claims against you !;
and if you attempt to do business IN
the ordinary way, either for the con-
yenience of the community, or tor the
purpose of making fair interest Tor
your stockholders, we have the power
by means of our agency for the Gene
raj Government, to obtain your paper
and. to drain your vaults of specie; and
had implicitly our intention. From
this brief exposition of the cause OF OIL
ference between the Bank OF lhe Y. ..
through its Branch at Savannah, and
the local Banks of that place, the hos
tile and unfriendly intentions OF the
former institution towards the state
Ranks. manirests itself too strongly to
be misunderstood by the public. "A re-
medy to correct the evil complained OF
NAV be asked for, or it may be enqul-
red how the matter must finally result;
or " neither it would not have been the
sound policy of the State and Planters
Rank to have complied promptly with
the reouisitions made upon them, howe
YER rrplete with injustice. 10 such
.epuuirers / should not be able to give
an answer. but with descending to nj
nutia) | will venture TO predict very
unpIeassnt state of things to the COM
muuity of the State OF Georgia, should
the 8, stem announced by the Bank OF
the j, States, be carried fully into ef-
feet. [Rich. Compiler.
.Nsw York, June ID.
Nv the arrival of the ship Eliza Ann,
Cant. Malcolm, from Limerick, we
have received the Limerick Evening
Post to the I'd of May.
A letter from Dublin of the 2Sth OF
Arrl. in speaking Of Mr.. Gra'tan's
health. says, "a consultation of Physi-
clans had beer held, and as the result
has not been made public, an untayo-
rable opinion is Inferred"
A paper of May lst contains some
extracts from Paris papers in relation
TO Spain. The sLiberaIes' Of spain,
il is said, are divided into four parties.
tin, first, strictly attached to the con-
stitution; the second. anxious that the
constitution should be revised, with a
view of increasing the Kings authority;
the third, disposed to cashier Ferd!-
nand, and to place an Austrian Arch.
duke on tho throne; and the fourth,
recommending the extinction OF the
monarchy, and replacing it by forming
Federative republican.
From the National Intcltigencsr.
ACTS