Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-01-28

Those bank. marked az have informed the department
that the Dividend declared in November were con ena
and be paid until full resumption Of specie payments,
until the legislature authorize their payment under
Those marked B have informed the department that they
have not suspended specie pay meuts.
The Lewiston Bank declared dividend in November last
but has not informed the department Of the amount The
dividend declared by the Northumberland Bank added to
the capital stock Of that institution:
appears that osr of The banks vet
their notes in specie.
There nothing definite yet from the Psnnsy vana Lee
g,slature on the resumption question.
We have received from Phia correspondent the
following important letter the subject Of resumption:
PHILADELPHIA, Jan. &c, 1910.
You have doubtless Of proceedings Of
our legislature the AID inst from then
made by Srodhead Of the Governors csndnts
snceu that the day for resumption will be off long
many OF the banks desire After spending the whole day
uee d eusson which By the BY carried by the
branches OF the democrats alone the whias and
remaining quiet until the yeas called the pre-
posiu to refer the original resolution (xDg the time for
reump lou l of Substitute offered by
brochead member from Northampton district, (Which
proposition gave to the Governor the right TO hX the day
Tor eiea' resumption, and the right t. appoint bank
soners when they he whig joined with the
tive democrats aud succeeded by vote OF SO to 49, efr
rug the Whole matter again TO the Committee ON Banks
Brodhead Higgins of Northumberland Hopkins (spsaker) Of
Washington, ana Lee Of Philadelphia, the Leading charac
who moved by the sdrot wreworers employ ed bv the
tn. banks and secretly influenced hy the Governor and his
cabinet The Governor will not permit any immediate action
either the assumptions solutions the Senaes BILL
pealIng United Bank charter
The Bank of the United yet State upwards
Ss00OOO of the loan Of August last aid the
cates for which loan hypohecaed
IN London hence ms Anxiety 10 prevent either Of
which would compel the United States Grard banks to
surrender at discretion, and consequently expose the
Transaction, by which the State would come in for
their SS0OOoO as common creditor the State only
receiving credit monthly, depostor for the
racted to suit the conytnence OF the bank Should the
solutions for resumption pass, to take effect within three
months, the United States Bank will make struggle
wards sustaining Protrscscd existence; Tut am satisfied
anlI at riut.p
would dictate the Influential democrats have moved on
the subject of repeal to permit that bill lay
press early rsumpton by this the object they
at would be reached the refusal the part Of bark
empty with the acquisitions of sid effectuay
forfeit the cha: On the ether hand should the charter be
repealed the bank may carry the into Sapreme Court
and there postpone decision amongst lis friends every
pree judge being opposed TO the repeal and added to this
would be the political influence of bank and its
thrown into the scale next fall which might the
state Resumption would put The saddle tn right horse:
the nsoven banks would give up ghost and ne
a injury to The solvent banks and trade. repeal would
give the opposition political capital to work WITH and
ahoug eventually the democratic party would triumph,
much mchel would be done IN the struggle to the sujsAn
tIa Institutions and business
Your article of Saturday. audss the report that the Phi
ladehia Bank whose charter likely to be repealed
This arrow think must have been shot silly from the United
State, Bank, of the friends OF the United States
Gra hanks there is not the reoest probability of the
repeal Of the charter of the Philadelphia Bank
The Philadelphia Bank able resume aud know that some
of the directors very that the earliest time
toned for resumption, should be adopted cannot conec
tre other quarter from which such hint oud have been
given than the aforesaid The game Of the IT, States
TO enlist the other bank who stand aoo in the
aud such hints may be attended to draw The Philadelphia Bank
into the vortex.
think that the time has arrived to unmask the secret
movements Of the agent, who the private confidential
matters for he Governor with the United States and the Gi
rard and may in day two give you sketch the
his Transactions His d. NJ Brodhsad. formerly
sdent OF Wayne county i, this State but located in
busnesin this city His moral and political Influence is very
limited; and his movements known and
with the Governor for the banks exposed he would
small indeed He DEFEATED in the Northampton Dis.
tric 1885, when Candidate for the State by an
Anti MasoA and in district too w ich there has ays,s
evidence Of his unpopuarity at homes and short time he
WILL unless the opposition take him pbad the shelf here
II this gentleman who negotiated the loan August
for the bank, with the Governor o course for d proouo
and he, in my opinion, Who prompted the assaults
which in the Governors upoa the sound banks
vz:Farmers and Mechanics, Phlade phia
and is he who prompts his rel ves-Brodhead Ia meher
of the legislature defeat Pennmsn resolutions subst
tute bill giving the Governor the right say the
banks shall resume aud also 10 apsih banh Of
signify to his friend the Governor" when banks can re.
should the substitute pass Could the subject ofihe
Encouragement Of the Governor giving certificate the
bsnk for so 900 without receiving the money and other
little matters connected with the movements of the CLIQUE Who
together with the warning against the
will Of the people, be adroty introduced by b. it would have
coed effect.
Twas told yesterday that least 100000 in amount Of
Commercial and Bank Of ViSksburg post notes made pay
able at the Grard protected Friday These notes
belonged to the Grard Specie yesterday bought 81 and
sold at7I. Everything like business is at stand still
Thefoowng the latest of the Bank of Kentucky
compared with its last semi annual ,ta,sment:-
STATEMENT KENTucxr
the June 1880 compared with the return Of sst
December. 1892