Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-11-15
NJ % :. L. Y II a BS Il Il It.

Tuesday, Nov. II, p. NJ.
National Bank National Bank-a National Bank
last Ee.ter late than Like the this Ma
ona Bank Thceyes nation for charge
in the monea policy Of government ami every object
that whir the range Of vision is National Bark.
We must have and therefore every tendency is towards
Never since 1884 has the strong that ai-
recton present.
Bat what will Mr.. Van Buren, do This is serious qaes-
ton. viii he rsst in Mr. Kendais late schemei Or vn
he recommend National Bank be located hr Yorl' What
weuld bis enemies such q move! But let hope
sangunely One thing is certain. Mr. Van
somsthing What that something will be Sbal know IN
few days We who stand aoo from The political arena,
for the President, but National Bank pla-
ced in hiscty. Such would be hailed by every
reasonable Why Because would be correct phlo-
sophica, and siatesmaElke.
In with this subject inquiry becoming more
and extended whether approa hing convention win
result in goedwbether the State banks will
take steps before they the message
The great Philadelphia banker opposed the call OF
convention His opinion will have aud sugt
weight Great good however will result from the
will bring together from different States ard
mate knowledge Of the measures modes Of trade
interests will be gantdby all parties Every Circumstance
that places the capitalists Of this widely extended Union
10 face should be hailed with joy. Let delegates come
well provided with authentic statistics AMI the
log and commerce will be benefited by the convention
than British scienc" and literature by
association that met q Liverpool.
TIE doctrine Of red, ening CON- notes ST
discussed by the representatives OF the State Banks We
not without nearly SIMILAR country. The New
England banks keep par, OF their specie Boston,
deem by dras their correspondents in that city. The
step easily made to the English system Ga srece Of
scarcely oReha Of eurs the whole British upcrsruc,ure Is
firmly bat and the money affairs the nation smoothly
This tact will furnish ample reflections Tor the about to
assemble in this city. That banking system defective,
the experience Of the last four years teaches The great
difficulty Is, we cannot attempt 10 cling any
certed plan for table currency without exciting
the suspicion OF politicians These latter gentlemen do
thing themselves any body act will the con-
venon discard all such nuencesi Let them let he do
| i openly, in the broad face Of day.
Our stock market imp ovisg. large amount capital
that has been IN loco since May last has begun at last
Il flowing into bank, rail roads and other securities What
has started this money sensitive breath
OF goverlme enmy The prospect change the
policy Washington. TIE people said, we srl hare
change, and capitalists do believe that Mr. Van Barren vii
refuse
The position Of this country very interesting at IN no
We have every possible system that the magi.
natono General Jackson and Mr. Kendall could conceive
and and each has failed keep the country
that lofty and psmy niche IL had attained the Influences
Of General rank We the Ct point Of
departure the language Of Mr. Calhoun France has
10 the aireceH 10 whch faces La
e Of poteness the Bank OF france has called his in
suton the General Chest" ny the by, Mr. Van Buren,
might get all his constitutional scures by recommend
ing the sesos the establishment or General Chest
II would he capital dea and would the Jeersoniaa
statesmen OF the South from Inconsistency As LATTE has
been successful 10 bis schemes will brit append hereto
eutne ofh plan for the special consideration OF
| cusve.
The csphal hyhve millions OF francs with the privilege
ofbeng increa ed to hundred and fifty millions.
There fifteen directors, no fer fifteen months
No bills issued Of less denominations tLanhve dollars
payabei Paris IN The Departments, at days
\ light.
Three per per allowed to all deposors.
No open credits pernittcd under consideration
he publ
monies are and performed by the General Chest
Invoices having and months discountable.
In every other particular its dongs precisely
| OF the late United States Bank.
OF subscribing 100000 Of francs specie
paid In Instead of President executive Committee
| OF three
We look anxiousy head quarters, to know whittier Mr.
Van Buren, going direct the bark of the national currency
| Meantime, getting ready to pursue him in
jelly boats.