Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-09-22

MoeE E\rLosioxs-The failure nf the Patapsco Saw
ings Bank at Baltimore was followed the next day by
the simultaneous closing OF several other shops OF the
same kind, viz: of the Baltimore Savings Institution,
the Mechanic Saving Fund, aud the City Trust Com
pany. The first failure Wednesday startled the
fears Of money holders, and crowds were soon collect
ed around the buildings occupied by the diic cnt 'in
s.iiutlons demanding the redemption of their notes
and threatening violence in they refused To com
plv with their obligations The cashiers continued To
pay specie until the usual hour Of closing IN the al
tcrnoon, when the doors shut and they remain
shut To this hour. On Thursday morning the PrcSi-
dent of one of,he companies addressed letter to the
citizens of Baltimore which he stated that his bank
had been robbed after night, and that he had concluded
to put 1t afterwards in the hands OF trustees, who were
named These gentlemen, however, refused the 'rus!,
and the aforesaid President has consequently disap-
pea7cd.
RcnarkinE upon these events the Baltimore iiepub-
lican SAYS RI J. Errn. Past.
"Thc question is asked at very turn, where viii il
stop:-Thr confidence in Banking Institutions has re-
ccved shock that threatens effects much To be dread
ed, and the symptoms Of popular feeling against them
are rising to such height not to be mistaken. We
most assuredly in the midst of whirlwin OF con-
fusion, and all must look around Tor the best means OF
relief So far have been able to form an OPINION
the subject the hest mode perceive vii! be i'r
the banks to assist the people, by immediately ISSUING
the necessary silver change 10 enable them prosecute
their daily business, and procure for them their DAT
w bread 1t heartendng in the extreme TO witness
the distress which has thus suddenly, (thongh to US
not expectcdly,) come upon the community; for We
have batcd against the that has brought
about this state of things, Of which complaint IS
being made We say IL IS hcart.rcndng, indeed, to see
The labnring man, the widow, and the needy orphan
stripped Of their all, and this too when Tie aGtumnal
blasts tell in mournul warning voices, the swift and
near approach of the cold winter and whilst the calou
hearted wretches may be enjoying themselves around
the blazing hearth and festive board the miserable
tins of their trcachery have not whcrcwithal to hide
their shiverng bodies from the petngs of the ptess
storm.
CELEBRATION on GROTON HEIGHTS
The meeting of the Democracy of this part of the
State on Saturday last, on GROTON HEIGHTS,
was well attended, notwithstanding the rain, which
commenced falling in the morning, and continued
through The day. Previous to the arrival of the CLEO
rArrA, Capt Dustan, which took about GOO from the
various towns on Connecticut River, the Convention
organized on Groton Heights, TO the number, it is
stated of 600 900, in tents previously prepared
for the OCCASION, around the monument; but in conse
quencc of the storm, it was dourned to the Court
house, in New London. On reaching that place
the assembled thousands board the steamboats,
and the wharves, welcomed the arrival of the Cleo
patra with enthusiastic cheering, which responded
to By those OH board. procession was then formed
of great length, escorted by the Mlddetown Light Ar
tlery which had periodically volunteered to acconpa
ny the party preceded by the Hartford Brass Band
and another band already there, and marched to the
Courthouse, which soon not only closely crowded.
bu, great numbers compelled TO Stand out doors in
the rain. To enable those who could not gain admit
tance TO hear the speakers, the speakers mounted
bic near the centre door.
The Convention ably addressed by Messrs. Nye
ofthe State Of New York, II. A. Mitchell Esq, Editor
sf the Hartford Times, Hon Mr. Garland of Virginia,
Clerk Of the House of Representatives in Congress,
Mr.. Pearce of Rhode Island and presume by others
after we had left which at o'clock, P. NJ
The number present has been estimated al about
6000; and, had it been pleasant there doubt but
the number would have been more than doubled
We cannot close this MOTIFS without awarding the
praise which IS Justly due TO the corps Of NIppLETowS
LIGmr ARTILLERY-one of the oldest Companies in
the State-for adding the interest of the occasion.
Capt Southmayd and his other officers and men, de-
the credi, for the acceptable in which they