Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-11-22

sga his scat The lnteligencer had better take ,ts
Counsel in its wrath No such instructions can he car
ned We doubt much whether they could prevail in
either House.
u Yesterdays Petersburg ntelligencer corrects It's
former error, aud now confines lis instruction 10 the IL
OF Delegates But can they even pass there; or would
their resolution alone compel Mr. Roane to obey or re
sign his seas This is not "givng him his own Physic"
BANKS. STOCKS, Sc
TESSEssEE The Lower House of the Tennessee
Legislature hive I'D under consideration a resolution
which required The Stac Bank ofpnnessee and branches
I" Trsume specie payments forthwith On the Slh tho
House passed in lis stead The following resolution:
"Resolrc4 jYMe Gs'erat .7ssemhy Of TIE S'otc Of Ten
ncssee, That The Bnnh Of Tennessee The unlun Bank
the P!nn"rs Bank, the Farmers and Merchants Bank
OF Memphis. aud all other banks in Tennessee and al
their branches hereby required and
nue. The payment Of specie for all OF their obligations that
due end fast they become aud PRESENTED
for payment: Pruridsd That The Bank OF Tennessee
shall not be required 10 resume Tie payment Of specie
forthwith, unless the Union and Planters Banks will
agree to resume and do resume the payment Of specie
at the time. Adopted, the and being
called by the following vote: ayes g. noes II /"
The Committee on Banks in the House have also
reported bill to provide for The appointment Of Board
Of (hree) Bank Commissioners nd for the regulation
Of Banks within the State. The bill provides that
the Banks shall mi, their circulation TO $50 per cent,
The capital pnid in and 800 per their specie,
exclusive OF deposes; that they shall pay The original
amount Of their notes altered 10 large amount iii The
of circuatop; that the notes of the Bank pre-
scented for and refused payment in specie, shall be
dorsed accordingly by the Cashier Teller, and there
after bear interest Of 10 per- cent per until
paid TINT writ Of mandamus shall issue against all banks
suspending specie payments for q longer period than
thirty days in any year, the affairs of The bank TO
be closed by the Commissioners under bond 10 the Judge
issuing the writ" &c DC
| The Express says that "Of the British manu-
featured goods sent to this country 10 be sold the greater
part remains unsold and in store This IS one reason
why Exchanges is bad there being nothing from this
/
British manufacturers but it is better that the goods be
unso than sold md paid for The goods that have
been seized by the Custom house authorities are gradu
| ny being freed. Some compromises are taking place
with the Collector and there is reason 10 fear
the great losses Woolens upptehended some time
ago.
! The ~ York Journal of Commerce of Monday says
that Southern funds have improved very much
points Buyers quite plenty and sellers scarce
Money affairs look decidedly better The banks dis
counting more freely. and specie is arriving in still in
crcasing quantities Stocks are higher Flour Is dull
| Common western is So 25 and Ohio So So IL with
but few buyers There very little movement in cot
ton, and lower prices constantly insisted on by
BUYERS"
| A N York print gives the following letter from PhiIa
dephia, 1--WE know not on what authority The lnoriha
! ton is gven
"The imp preston that our banks will resume specie
payments very early day appears 10 gain strength
and there has heen ample time afforded Tor the con
traction of business, as well as reduction OF obligations
he banking institutions, the general feeling
is favor of such course, at the sacrifice OF those
individuals that have not sufficient capital 10 sustain
themselves taken advantage of the opportunities az
lorded them Of combining their business 10 more limited
| sphere"
| RE.rMprIoS Is CIscI.sArI The Cincinnati Gazette
says:-''ihe resumption OF specie payments by our
Banks has been attended by any upon then. IL
is looked upon it really is, matter OF necessity
and has been entirely without effect upon money
market. In The menanlime, merchants iesi The s-
fecls OF the times severely every day.