Litchfield enquirer. [volume] (Litchfield, Conn.) 1829-current, 1841-02-11

will be remembered, With the other flradephla
Banks, resumed specie payments only on the 18th Of
last month, has again suspended !- not finally, pro-
badly for long period. The run continued upon it
from the time of resumption until Thursday afternoon
last, when, upon the presentation Of 100000 from
the brokers Of NewYork, it declared its inability to
meet it, and shut up shop! It, however. still contn-
ues to pay its five dollar notes. Tho following Off
cal notice was forthwith published. -,
Il - ~ = BANK OF THE UNITED STArEs,( +
Al a special meeting ofihe Bard az Directors Of
the Bank Of the United States, held at the Banking
House, the following preamble and resolutions were
Whereas the Bank Of the United States in compli.
ance with its pledge TO the public has made fair
and bona ida efurt to resume and maintai in specie
pavments, having since the 18th of January last, paid
out an amount little it at MI short Of six millions of
dollars, in coin specie funds and whereas the eff
fort 10 maintain specie payments by this Bank has
been rendered ahorfive by the intentional accnmula-
ton and extraordinary enforcement Of its instant La
bi,ies, therefore
Rrsolue9 That this Bank is under the necessity for
the present, Of suspending specie PAYMENTS
Resolved That every exertlon will be made ny the
Drec :ors to collect the debts and convert into cash
the assets Of this Bank, for the purpose {" resunne
payments in specie at the earliest practicable mo-
ment r...tf = Nf "a .'H#I1 - ~
Resolved. That the foregoing preamble and resolu-
tons be published ,.,...l...-.....i ..,...s.. g..
' -'0"@ H. tsi i! A. LARDNER, Cashier
Immediately upon the adoption Of the above reso.
hi,iona the officers Of the other banks of the city
vened. and proclaimed that they should continue to
pay specie but before the close of Saturday such
were the upon them also, that they all suspended!
two or three holding out little longer than the rest.
The stock of The United States Bank has since de-
preciated from 4S to 26 cents-the Grard Bank to
2S--a and all the other hanks to some extent. The
bills also deprecated 10 to ~ per cent What the
course Of The Legislature of that state will be in this
emergency, il is difficult to ssy-probably, however.
10 compel the u s. Bank; if no Others I'd wind up its
affairs ~ speedily aspossibe. Il seems to be nipos-
sble for her okget along, state institution, with
her present unwieldy capital. -a.
Il is supposed that the effect OF the sto2page Of the
Pennsylv min Banks will he TO cnuse another general
suspension Of all the hanks south Of that state. The
Delaware banks have already followed suit.
The effect OF the suspension Of the Philadelphia
Banks as.sch at Baltimore that the banks in that
city. which had only just commenced specie pay
ments, Immediately suspended II will probably be
the case IN Virginia. and further south. on
The Little TosDn Meetings." in the state Of New.
York have just commenced being held. In some the
wings appear to have gained, and in others, strange
as il may seem, the lokeys have gained. On the
WHOLE they remain about formerly, so far they
have proceeded. The larger proportion Of The towns
do no. hold their meetings ill next month. ..l
Rr Gen. HARRISON reached Baltimore on Saturday
last on his way to Washington. After leaving Pitts
burgh he came by slow stages, but did not tarry any
length OF time at place. Wherever he stopped he
was surrounded BY large crowd ofpeople anxious to
pay him their respects lie arrived at the age Of GO
on Tuesday last 9th inst. having been born in l773