Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-04-17

gna presented two resolutions for consideration the
rst that il is expedien 10 resume specie payments
the - day Of -; and the second, that in such re-
sumption the cooperation of the National Adminisira.
ton is relied upon. II agreed that these resolutions
should respectively be submitted to Committee of one
member from each State, to be nominated by the dele.
CATIONS respecvey.-The Convention then djourned."
"NEw YoRK, April IA Committee ofone from each
State yesterday appointed to whom the whole sub
ject of resumption referred. The Committee
sisted Of A. Ware D. Fl. Treadwell, VIM. Richmond,
(2do A. Gala,in, Carruihers, j. b. Morris, J. rock
enbrough. J. +. ID. Lanier, Martin Thomas, Geo. T.
Hodges Philip harelt, Asa Bacon, Sias Condit, Jos.
Bailey, j. p Van Ness, Duncan Cameron, j. J, Hughes,
John Delatied.
"The Committee will report this morning. We under.
stand that has decided BY vote Of l3 10 s. 10 report
in favor OF The appointment Of day for the general re-
sumption. The number of delegates who have taken
seats in the Convention are l43
"The officers Samuel Hubbard, Of Boston, Presi'
dent; John A. Rockwell, of Connecticut, and Ii. M.
Brent, of Virginia. Secretaries.
(Frem he ": Y. Ga:eue, 9prh LAY
CONTRARY to the opinion expressed yesterday in an
evening paper this body probably will not adjourn with
out doing any thing We learned last evening tlom The
hes, source that the Convention will fix upon day GER
tain for general resumption Of specie payments though
it will be later day than will be agreeable to some OF
our hnanciers The resolution however, VIII oe iloe'
raj onc and leave the banks OF any Stale 10 acl as
state Of the tsss may require Our own banks WILL OF
course, be Obliged TO resume al any rate There IS no
option or discretion left with them, and we entertain
very little doubt that the example WI! he followed by all
other sound and healthy institutions throughout the
country When the Convention brings lis proceedings
to close, we shall take care TO place them before our
readers.
From the yNt,o York Herald, same date
"The various movements affecting the current Of
notary interests, rapidly coming 10 crisis From
ALBANY and the City Hall here, have highly import.
ant intelligence. Al II o'clock yesterday, the Commit.
tee of from each State reported Resolution plsdg
ing The Banks represented Conren,ion 10 agree Tie
fist Wdnssday Of Oetoder nsrt, general resumption
Of specie payments Proridcd they could get assurances
from Hasi"gon Of the aid and harmonious action Of the
Government. The resolution read the Convention
then adjourned and to-day they meet 10 debate and dis
pose OF it finally
"The opinions formed Of its fate are very conradic.
tory Some believe that The month Of January will be
substituted-some that April next willard some that
no day Will he determined on The question comes up
TO- morrow his day. al ~ o'clock Our opinion is,
that portion Of The Convention will secede-the re.
nainder agreeing 10 name day, under some such
tingency, may look two ways, every way, at the
time.
"The natural process of resumption is easily OWNED.
The N. York banks, and perhaps few in Boston and
elsewhere, may resume in May. Gov. Marcy has come
out with Message, which may be considered sort OF
reply Mr. Bddes letter, proposing 10 create State
stocks Of SG000G 600 more for the enlargement OF the
Erie, and The construction OF other canals This stock
is to be loaned to the banks, if they require it, but it is
not believed that they will require it, Be that may
sort Of partial resumption will take place in May
the other State banks following fast as they can In
fact banks may be considered as having resumed Tor
two months past Paper and specie are nearly equal
and the exchange is against London The question OF
resumption has reference TO The feeling o! confidence
between The banks and the comnunity-it is entirely
restricted TO the settlement OF balances among The banks
themselves.
'From these views and facts have every 10
believe that the New York Banks will resume publicly
in May-soiRe Of the Boston and others in October some
in January and some next spring IL cannot be gene
raj and simultaneous resumption; il will be resumption
by platoons. So Mr.. Biddle and the United States
Bank may resume also about next January-per-
haps earlier.
s'The great revolution in commercial power and en-
pre goes on New York, from her position between the
Cotton regions of America and the Manufacturing dis
trict of Europe is rapidly becoming The centre of the
worlds specie and the worlds commerce. This morn.
ing by the Montreal from London, $500 900 in specie
were received Other parcels of specie have also been
receved-an amount of 10000 soveregns (S5O0O0) TO
A. Belmont, Esq the Agent, here of the Rohchlds-
During the last two weeks probably 81 100000 in specie
have been received here
from the .Nclo York Ere. Post Saturday Erening)
.The proceedings Of the Convention, until yesterday,
were mostly preliminary TO action. committee of one
from each State had been appointed 10 report on the
question OF resumng specie payments who brought IN
report yesterday atenoon naming the first Of October
next us the period for general resumption, leaving
any bank at liberty in the mean time to resume ear.
er, if convenient The rumor is, that on this report,
the votes in committee were thirteen TO five, to wit
Eyes Maine, Vermont New Hampshire Connectl-
cut New York, New Jersey, Pennsylvania, District
Of Columbia, Virginia, North Carolina, Indiana Illinois,
Missouri. massachusetts, Rhode Island, Della
ware, Maryland, and hlissssipPi.-An earnest debate
followed the introduction Of this report in the Conven.
tion and the sitting adjourned last evening till to-day
without coming 10 any result
We suspect there is some mistake in the preceding
article. We have seen letter from one Of the Dele.
gates, dated Friday, o'clock which says that the Com
mee had Just decided, by close cote, upon October -
II is probable That they decided by vote Of 10 to to
fix day-and that by close vo,c they fixed on day
in October