Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-07-13
!, :a,,nopd. Va, Friday, july IL
=-.,.,,vnrf0S OF SPECIE PAYMENTS.

nro,uprfOH OF SPECIE PAYMENTS.
s,,,I ,ne variety of opinion, as TO the course
ihs o,nk of the U. s. 1t does not positively aP.
We .h., Mr.. Bidde will toe the mark and whether his
fi, " n sanction the recommendation OF the General
E'ato w" IS the Philadelphia Banks. The u S. Co
omi1e'e unon the subect-and finally concludes
gle pasnmn,ion should stake place, possible at
'. day; but let it be so conducted that ITS adTan'
.rss shall be as extensive as 'ne ao': lhe ,",,aue'
S.,;nn,l Gazette, again. deemsit probable, that
'aa 'nn,;oo will take place al the time proposed
v EVENING Star speaks with sti'l more conn
l@ ~ 90 ,esnlt The Alexandra GaE (aiso Whig)
". ,b,, g some dficu'1yiyet hangs ABOUT tn's mat
e." Nevertheless. We think Mr.: B'doie ana all the
rs, eM resume on that day ~ Is he1, asv 20 eu 49,
ought TO acauiesce. All the Banks IN Boston
ana Rank of lowell nave resumed specie payments
~ ,e,es, of The bauks-the wishes OF the peopIe-and
,r md propriety all point to an early resumption -
a. The Banks Of this town (Alexandfia) are con
led we feel authorized to say, from the opinions OF
eur most respectable citizens that they are anu
,inus 10 resume, whenever the banks in the adJacent
Cate, will commence or unite in the good work Fer
ns no banks in The country in sounder and better
.,ndlion than The two BANKS in Alexandra
AIR Bdd.e has 10 choose between an honorable COM
,,pce with his engagements or the dIscredlt ana os'
c, Of his Institutions the would Be great Regulator
10 fs too he's ta nds ia the predfcament ct being
nred By some of the strongest politicians OF his OWL
The Msdisonian seems to entertain no doubt of the
.sumn,ion by the list august ~ says, tnat ou tHe
,ry nrh, the news reached Phate phia Of the defeat
n the House, Tor the fifth time, Of the Sub Treasury
b.me in one shape another, the banks in that city
and county, fully believing it could not be brought up
cain through their delegates met end resolved almost
unanimously, TO recommend to their respective Boards
N resume payments in SPECIE the LIST day of August
ns, Of ali their obligations, with without the CO.
onea,on of the banks in other places.-e hare seen
sr lhi sires upon eohir zee place the Vt
mas, reSsRcs Rat the recommendation Of Mc delegates
,,ibs cdoptrd bytke banks on the day mentioned
The operations under The new Banking Law of New
YORK are in the mean time, upon the advance. The
New York Journal Of Commerce says: "The stock Of
ii. Mechanics Barking Association, 81 100000, has
been subscribed, and the company will soon commence
business This is the first fruit Of the General Banking
L,w"-The New York Express Of Monday states, that
Three Banking Associations, under the new law, are
IN rapid progress Of organization. Two are nearly ready
TO 90 into operation The third is not quite so far ad
7anced bu. equally certain of success They will all be
managed BY men embracing all branches of business in
the city. The grocers dry goods men, mechanics and
capitalists, will be fully represented '-"Domesc Elk
changes mproviDg-holders Of Southern Bank Ger.
licales sell only absolute compulson. Nonied men
,fe anxious to invest in this description of paper.
The Charleston Mercury states that al meeting on
he I'd nst of the Stockholders Of the Bank Of Charles
lon it was determined to increase the capital stock OF
mat institution, taco millions of dollars.