Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-08-17
TuE EES[MD rION

No one is more reoiced than we are The return 10
specie payments No one has taken more anxious pains
to bring it about We were among The first TO press
Bank Convention 10 make the necessary arrangements,
for which we drew down upon ourselves the structures
Of the pet organs OF the United States Bank We were
charged with arrogance dctaton, and all that sort OF
mass of the Republican Press and the good Of the
people upheld the proposition We hail now the course
we have pursued-because arc satisfied, that It has
contributed 10 the contamination which was so devoully
10 be wished tor , -.
And now that the Resumption has commenced in Wiz.
pinia and in SO many Of The most important points OF
the Union, happy to learn, that the machinery
works with such admirable facility. The Richmond
Ranks fully resumed Monday last, and II gives
ma particular pleasure 10 stae for the public informa
ton that every thing goes on smoothly IN regard 10
specie payments. The Banks zee no difference between
the operaon, Of this week and those Of the two past
weeks during which they have been paying specie 10
tbo., who asked for il Very little specie however,
comes in os we presume il will do in the OF short
time. Those individuals who hold il, will soon find 1t
improbable and less safe 10 keep themselves than 10
mart with il 10 the Banks We are sure, it is unneces
sarv to add that the age of shnp ha, past and
nothing but the metallic change is seen in circulation
The Erehance Bank too (as the Norfolk Beacon in
forms us) "wll commence operations on The Isl MONDAY
in September, as Office Of discount and dePos!e-
Every thing is ready for aclion stock paid in, officers
elected and all the fixtures Of banking house COM
Pete.'
The renewed system operates with equal smoolhness
0tGeT cues. from WHICH we nave hea'u'-ih
deip6ia the inquirer snys: The demand for specie at
the Philadelphia Banks yesterday, was rfng and un.
important We feel satisfied that every bank in the
Commonwealth will he able 10 carry general resump-
ton into full and successful effect So much for the
Proclamation (Ssy rather, much for The orerwhem-
ing force of Public OpnionD
The Bnited States Gazette says" The demands
for specie were few and light confined as was evident
10 the wants which The community felt 70. change The
Bank of the u S. it thought, would feel the pres
CIR, mon the spece the most severely but there
nothing was seen lead any to believe that run
was attempted The whole amount OF specie paid out
was short serent.en thousand dollars of which between
eiuh ,nd nine thousand corporation notes principal.
y of the denomination Of one dollar. The largest sum
paid out was in small SUMS of from to ten dollars
We heard in the of the morning that certain
persons having few dollars in U. s. Bank notes. de-
manded and received specie therefor, which they LOOK
the brokers in the expectation Of gaining three pc.
cent and were mortified and asonished to learn tho'
the very circumstance which enabled them 10 receive Sill
for their paper rendered that paper as valuable as
silver This probably checked small 1t was re
ported yesterday morning. that large demands from Ne
York were 10 be made upon the Philadelphia banks io'