Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-08-13
' 4 u.s. f.: & 5 6 IA CTS
GOOD FOR SIX AND A QUARTER CENTS.
Redeemable in wharfage by resolution Of the
Stockholders of the PENSACOLA WHARr CoMr'Y.
Pensacola, June is, 1870.
c. LIE BARON, Treasurer
Endorsed-C. lie Baron, Pres't.


The people south will never from the
of such currency, until like Ohio and New York. they
compel their banks continue specie payments on the
pain of forfeiture without any reference the banks of
any other state The United States Bank
the of the last suspension by operating upon
the fears other banks and inducing the public to
leve that continuance of specie payments impos-
sble long the Philadelphia banks suspended
The resumption Of the district of Columbia banks and the
Bank Charleston, prove the faacy ofthat position The
following, from New Orleans paper, will throw
light the United States Bank in that city
The MERcHANsr' BANK OR, THE BRANCH OF THE UNITED
STATES BANK PENNsYLvASTAt is we'll known that this
for the Of 500 000 with conditions that John Minturn
to be president and certain number of the party d
rectos Here was, at once papabe and corrupt viola
ton of the faith which reposed by the of Lou
sana, in this institution, when it chartered and
gross contempt manifested for the authority which
il and this contempt has continued in moe kerry of both
the legislature and Judiciary Of the state.
We shall proceed to review, briefly the of the
affairs oil this institution made to the committee of the
BY her to said committee we find her capital by
charter to be one million Of the whole of which
is owned by the Philadelphia u. s. Bank except few
shares held presume by the directors the
OF said Philadelphia U Bank qualify them manage
the institution agreeable to its charter
BY this deiusive return shows welds ca
pita of five Millions for the United States Bank Of Penn
= and in every respect sho performs the functions of
branch Bank With more fidelity, and is completely
under the control OF the said u Bank of Pennsy
than was the branch bank of the old u. s. Bank.
appears that in the late returns of this institution
the committee Of the Legislature, the President and Ca
sher that she had directly indirectly pur
chased cotton traded in that article. 1t is somewhat
remarkable that her officers should make such
under OATH hen il is well known that she paid for all the
cotton, furnished the payment bought by Haggarty,
Robinson, and other agents She also negotiated largely
for the Mississippi Banks. and took John Mnturs and Ed
ward Yorke's bills Humphrey Bdde of Liverpool for
sixty thousand bales of cotton, which the Brandon
Bank swinded out of the planters of the state of Mss
sppi
In this famous return also find that the President and
Cashier further that this Merchants Bank had
refused pay specie for its notes when demanded
In the face Of this declaration by reference the
rial records well to those OF Of the Of
law in this city, IL will be found that the ofthis
Bank have been protested for nonpaymen in specie sued
upon, and judgments obtained
Such the facts which the records produce in the
face ofthe assertions Of Bank officers We leave
with the people judge, to the extent of confidence
which be placed in the returns and Of the
Banks by their officers.
An extensive forgery has been discovered OF Carroltsn