Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-10-24
MONEY MARK EFT.
Monday, Oct

MONDAY, Oct. 81, b r. M.
We have able procure copy the Bank Cir
cular calling ameetng OF the banks the 7h November
to take into consideration the resumption Of specie payments
These Institutions established for the public good yet
conducted with much secrecy the sanedm of Jerusa-
lem or the Venetian Senate In the southern States the
camille interest have held meeting Augusta but there
appears be studied secrecyno careful conceament
their msvemens.
In the absence Of all other information have taked orr
inveation endeavered show, the wing curious
paper the real and unaduerated which supposed
be at the bottom of the projected
CIRCULAR.
Of By s1 e
tenn we specie indeed for our own
During ibat period merchants have clamored against
taking Of interest better than could The
iRgratude OF merchants however poverba Let
In the years 1885 and So we loaned 10 the
in Wall street, only 50 80 cent 9,ere BY eag an
taste called and arguments induced General
10 he 1 p only an
Bank to which the, legally belonged We first gave the great
hint to call that bank "moRs,er"an "anacondaa "ssr.
by Of change the policy of the government,
and the very wholesome system Of shaving which intro
mercantile interest q, the TOP Of their speed utmost
% &c % . ss s Ss Ge sSns. Q. and
aspec,sce Of delight and satisfaction TO how
to pay their no,es-and how excellent examples thew gave
Of long suffering patience and forbearance The credit y.
II order this great .p, Of industry among them
he ra %S OF ee he % s'U
hsned ys went w Hs5i he sn e. ea
%ornea IN e and
bowels We point IN proof OF this assertion to the splendid
that OF the Phenix Bsak-and those Of many others
Wet 10 spite Of all these ne % acts Which we Performed
April e sss Os eTcss LIKE pipe and hsa
o
with great confederation suspended specie payments in
muniy paper circulation only to ~ per lower than
YET they seep Continually e"mou en-" Sr o aSoD.
ton specie payments and unless do they threaten
Now well known tina, The people gncran, and fool
fore set our directors to work to devise PLAN how
entirely for the interest Of the banks as the best wode II pr
tecting the community nj large.
to bold conveatsu on he 7 Of NoVems.r
rs. 10 his city, in order to co,u, upon the best u
their noses TO the grinds,one in all time TO come
eo%p Employee. to for 0a the er
to purposes IL the ssure and
. they hould DO the folly OF making laws for the Of
We trust. therefore, you will partc ul,rly take pains 10
and send your reply early possible The banks Of this
country by Of their valuable credits their agen
% Ges m T. The
high interest. To be banks r.rfuy belong The &C.
:fs government the laws the morals religion Inc sonIs
but particularly The Of the must
sumo our rights Yours, &c.
Such the and feelings Of the banhn
interest," the film that hides its could be torn sway
and It's real purposes We gave figures and facts
yesterday proving this char acter OF the system
we give today the soul and oft constant actor
Athis momcst, learn that the wbec banking interest Of
Wall street intends throw themselves
and mo man merchant expect renewal discount,
unless he will be bdden and carry tn
the psls like cattle to the market extraordinary
elemes coming into the money market Political intrigue
and the monied power rapidly uniting their forces
In this state OF things the operations Of are 6s,
anguid and unsatisfactory. Nothing is doing Yesterday
foreign exchange closed ISL e but little out OF
the market Domestic exchanges unchanged
In the specie market there little dong-n going NJ a.
premium From every point specie is seeking way
back 10 New York. II s coming from England ana
the We only want ia this city, general
system ofbanks basis sufficiently large n
meet the present state Of and our caps
the great commercial centre Of half the world.
Sales at the stock Exchange.