Litchfield enquirer., 1837-05-25


 ing the tune for return of justice writs, with amend ments changing time from 2l to 30 days-=read and laid on the table, Bill relating to civil actions read | Petition of Smith Wilkinson and others praying a repeal of the law relating schools for coored per sons, referred to committee on common schools Report of the President and Fellows of Yale Col | lege, read and accepted.
 | Message from the Governor accompanying com muncation from the State of Maine; relative to the eastern boundary of that state, read and referred | committee on executive correspondence.
 urther report from committee on military returns, read and accepted resolution for the commissioning l ot sundry persons therein named-adopted.
 Bill removing disqualification of judges of probate in certain cases-read second time--and referred to committee on judiciary.
 On motion of MT. Phelps of Smsbury, the House resumed the consideration of the proposed amend men ot the constitution relative to the tenure of of nee or judges ot supreme and superior courts de- sutory debate, of no material public interest ensued which resulted m motion for the assignment of Tues day next, 10 o'clock for the further consideration | of the resolution. Motion prevailed. l The committee Divorces reported on the peti- tons of Lucinda Brown and Huldah Jennings-favor- able Reports accepted-resolutons of Divorce, ,sev- 1 erally adopted.
 The committee on Interpretations other than Banks. reported on petition of Kent Iron Manufacturing Company, avorableresolutiona amending the Charter | ot that company-adopted.
 Resolution appointing Erastus Cot Director of the Norwich Bank, on the part of the State, for the | ing year-adopted.
 MT. Dixon introduced bill for p.bic act relative | to entry ot otpetltons-read first time
 kesolutlon authorizing Court of Probate for the dis trct of Stamford, to appoint administrator on intes l deceased-adopted
 Rem9nstrance of Isaac D. Bull and 800 other citi Iens or Hartford against the passage of any law aa referred to select committee on that subject
 Petition of Jirah lsham and others-ciizens of New london-prayng relief under existing public embar- rassnents-the suspension of specie payments bv the Banks, &c.-read and referred to the committee OF Banks.
 The committee on the State Prison, reported on the petitions oi Henry D: Stephens, unfavorabe, with leave to withdraw of George Wright and of Timo-- thy Stanley, favorable. Resolutions discharging Geo Wright on tn the rising of this Assembly, and Timothy stanley, torthvltIl-adepted.
 The report of the committee Divorces on the pc- tltlon ot Lucy Ann Gay, came back from Senate with vote ot re-commtment-House re-consdered and concurred
 c The select eom on the petition of Ardelia Taylor changing m her name to Ardelia Smith, adopted. Mr. Barnard introduced resolution requesting the Comptroller to lay before the House report made to the General Assembly in 1885, on the subject of Ju- dlc1al c1a Expenses The resolution was adopted. The com. on Real Estate on the petition of Thad- deus Beardsee Jr reported favorable accepted resD- luton granting prayer of petition, adopted.
 consideration resumed ot report of the con- u- dlcary, on the bill limiting time of of Justice wrlfs amendments adop:ed bill passed. Adj.
 Banks of Connecticm.-A committee appointed by the Legislature of Connecticut at their session in May last with instructions to visit the several banks in the state has lately made report, describing in consd- erahle detail the condition of those institutions. The gregate of capital stock is 3,G79SO7 The amount of bills ill circulation the st of October last was S4,- O9463l due to other banks 45765O; deposites Ica2- 743 of which 90O2s bearing interest surplus fund, earnings, &c. 4l5,557; dividends unpaid s6,645,
 The amount of bills discounted, and debts due to the banks. 116 o was SIS e8; ocks 42s,s4s Real other banks 5O2, 2,4S6; srece in the banks 4262eO: specie funds in New York 27l,27l..
 The circulation after deductng the amount on hand in other banks in the state amounted to S3374 20, which IS equal t> nine dollars for each dollar of specie on hand 7 or five and half dollars, for each dol dollar in specie, and in specie funds in New York The amount of specie in the banks on the Ist of March last, was 4l5,399. The circulation at that date Is not g gven.
 The committee visited all the ha nks, and the books and papers of all except freely laid open so their examination. They made thorough exan1ina
 on of the books for several years past and of most of them from their ommencement, and they express the opnlon that the .soundness and sovency of all the banks examined by them IS unquesonable. They believe that the public may place entire confidence in their ability to meet all their engagements; and that nothing short of general state of bankruptcy can de- bills.
 The comn;ttee state variety of minor irreguari- ties in the practice of some of the banks for the cor recton of which they report bll Some of tie banks had occasionally discounted notes serving under nous preexts, higher rate of interest than six per cent. per annum. Some of the banks have employed agents to extend the circulation of their bls by ex- changing them for the bills of other banks, but this practice, at the suggestion of the committee, has been discontinued.
 The committee took pains to inquire at each bank the period ot the circulation ot the bills, and they ceraned that during the six months prior to the lst of April Inst, about two thirds of the bills in circulation were redeemed once in thirty days, and the other third in orty-fve.days from the time they issued
 The committee ascertained tha notwithstanding the law prohibiting the circulation of one and two do lar bs in the northern and eastern counties many Massachusetts and Rhode Island bills ofthose denor nations were in circulation, and that the banks in those counties refuse to take them iIr the purpose oi returning them for redemption, they remain in crcu- laton longer than other bills, the injury of the rencV of the bills the state
 Many of the banks for the year preceding October last paid dividends as high eight per cent and sev eral nine and len per cert The average of the dvi- dends considerably higher than were paid in the same period by the banks in this state The commit tee recommend the appointment of two Bank Com- mssioners with powers and duties similar to those which were conferred on the committee.-Boston 2u.
 From tae Al5ony Eraning Journal
 " A letter has been received in this city from Chnr chiU C. Cambreleng, in which he says 1.-THE BANKS SHOULD BE LEFT TO THEIR FATE. WE HAVE GOT THEM ON THE HIP, AND MUST KEEP THEM THERE
 "The Government, by Treasury Order, with draws the specie from circulation, and locks 1t Tn far Western Banks and Land Offices. This forces upon the Banks the necessity ofsuspending their spe cie payments. And now the Government Organ. backed by the Commercial Represenfatioe' of our great Commercial Metropolis, urges the adoption of SUMMARY MEANS TO FORFEIT THEIR CHARTERS 7!
 "To this complexion have we come at last We submit the facts without comment
 0r The startling fact which the Journal mentions in relation to CHURCHILL c. CAMBRELENG, member of Congress from this city! was known in deepest exeeration from of all parties but they comnienicd most feely and pointedly upon his con-