Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-06-12
RESTMPT{ON.

The Enquirer ASKS, what will the United States Bank say now:
We already What Mr. Bdde viz: that he
the OF restoring the currrncy."-.N j. Ezprsss.
Very well-But what does Mr.. Biddle say nonc? IS
said that he talks Of the new Treasury Circular,
the coming up of the Sub Treasury bill, &c &c.-t is
feared that he does not TO redeem his pledges
that his day of resumption has not yet come-that he
will play offl!i Congress ad0urns-and then! Why, who
knows what Mr. Bdde will please 10 DO? Shame, shame,
that in free country like this, has it in his
power control much the markets the currency, the
pecunisry and political interests Of the people
The GLOBE OF Friday night says, that they have re-
ceiyed that morning from Philadelphia, 'ntellgence
that Mr. Diddle has again voted against resumption -
Mr. Benton referred 10 The same report IN The Debate OF
Friday The Philadelphia Inquirer of Thursday squinls
at new difficulties in the way of resumpon.-The Penn
sylyanian of Friday says The Leaders of the Oppos
ton are returning TO their old policy and pretend
to find in tie Treasury Order abundant reasons for
continuance Of the suspension. We have hints 10 this
effect from various quarters. In several Of the leading
Opposition papers, the chucke Of yesterday s succeeded
BY the bypocrca groan of to day, and there is every
appearance Of renewed effort TO stave of resumption
among those who think that they have other way OF
composing political Objects
One of The Baltimore Cashiers writes, 'that the Bal
timore Banks had received communication from The
Philadelphia Banks asking the views of Banks as to
a resumption Of specie payments. Our Banks met to-
day. (Monday) and recommended Convention 10 be
held in Philadelphia about first July, TO fix the day
This was understood 10 meet the views OF the
Philadelphia Banks
The PhoGeIpha y. D. SaZet'e states mat 'tne cOH-
mee on behalf Of the Banks Of that City, which met
on Wednesday evening" had not received replies TO the
letters sent 10 institutions in other States sufficient 10
allow them 10 recommend any specific course with re.
gard 10 the resumption of specie payments. Several
banks had replied the circular out but sufficient
time had elapsed for all 10 have acted upon, and
sponded 10, the circular.
Our Banks are of course, at sea- amid all this hury
bury of the elements in Philadelphia They most
anxious to resume early day-but they must have
an eve 10 other institutions. We repeat then, ''whal
will the IT, S. Bank say now? Will they do their duty?
Or keep the promise of resumption 10 The and break
it TO the Hope?
The 7 Express Of Friday announces the organi-
cation Of a new five million bank in this city The plan
is in active operation, and the articles all COM
peted. A President is fixed upon, Directors named,
and all is arranged for speedy commencement of bust
ness Although the capital at the start will be but about
five millions yet the stock will be increased 10 forty
Gny millions 1t is intended that the capital shall be
sufficiently large perfect and entire confidence
and credit The stock o! the institution will consist Of
cash and bonds and mortgages and the number of d.
rectors is to be between thirty and forty president
of character has been already selected These The
general plans Of the bank, but details yet to be ar
ranged
p. S. The Harrisburg Reporter of The Stl under its
Postscript Head, says, "We have received Information
which leads us to believe that the letter OF the President
of the Bank Of the u S. addressed To Mr. Adams is but
another of his attempts to deceive the people We re-
orc 10 say that here is strong grounds for the assertion
that Mr. Biddle is still at his old work of preventing
resumption by the banks Of Pennsylvania &c.
"On Friday the lst of June, meeting Of the banks
of the city and county Of Philadelphia, was held at The
Exchange in that CITY, and proposition was made to
resume on HE 4M Of Juiy This was voted down, seven
banks voting for il, and nine against A. lNCLU DING
THE BANK OF THE UNITED STATES, &c.