The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-02

We yesterday mentioned the seizure Of the assets OF
the United States Bank at New Orleans appears the
atttac hment made under f. ia. issued from the
United States Court at Philadephis directed to the
Marshal Of New Orleans District. All the assets
assigned by the Bank Of United States seized to
satisfy judgment in favor Of the Government for
1881 of which assets in the vaults Of the
Merchants Bank, for safe keeping and attachment
sued under process from the Commercial Court Of
New Orleans suit entered the United States for
the sam of nearly millions Of dollars Under the
a. fa the Marshal threatened to seize the assets be-
longing to the Merchant Bank. On application,
however, to the United States Court Judge McCaeb at
once grsnted an Injunction TO stay all proceedings
againn the Merchants Bank under the a. fa.; and
Judge Watts Issued smilar Injunction under the at.
tachment In the mean time the assets assigned by the
Bank Of United States ssken.by the Marshal and
IRE now in his charge andshs Merchants Bsnk and all
her business and assets remain in her possession
and her business goes yet. The question as re
assets assigned by the Bank of the
United stsses, will Of course undergo tho usual aud
regular judicial inv estigation. ,sa-s ), .,seir
very numerous meeting Of the citizens Of Mont
gomery County, Ininois, recently held, E. Whit.
tea Esq in the chair, to take into consideration the
financial condition Of the country. The meeting was
addressed by Messrs. A. Kitchell H. Rountree, F. H.
Hereford w. Kicheii and C. B. BIockburger when the
following resolutions were unanimously passed =
l. rAa. viii hereafter mppost man Cor Nsti0nsl
or State office, Tho 10 In favor OF National debtor Of
inc our State indebtedness-or Of Issuing
sny more State bonds for any purpose Of
forins the people at this tine sfnsse cent for the Pay0en
asr q ess on ne . sas' Ssr s.,sas IF
demands further Msn the people haze recered adequate
asd uabte eonsidsraien.
That will not support any candidate for office,
State or National who Will declare himself In favor
Of compelling all banking institutions to au immediate
and continued payment, demand, Of their notes in
gold and silver coin.
These resolutions contain the spirit of the repudsting
doctrines that fast, and 30 rapidly spreading
ghout the west and south Lord Ashburton will
find to this disposition among the people,
The ank Of Pennsylvania it appears has been closed
under injunction issued at The suit Of the Governor
ON behalf OF the State Of the deposors The
nsy deposited said to befunds appropriated to the
payment ofhe interest due to day. and which had been
more than half used BY the institution, meet i
necssses and consequently the State has failed. The
whole affair is very ystsrious 1t appears the
Governor in the bank ard in daily correspondence
with before this explosion took place; and that the
bank actually closed it, doors notice from the Co.
vernon before the Injunction issued thereby show
ing secret understanding. Similar transactions took
place in relation the United States Bank in the fall of
1885, It is highly improbable that if the Bank Of Penn
sylvana had the cash hand pay to the holder
Of stste stock the other banks would have dscreded
IT. but,f il pay out its own irredssmsble paper,
and thus flood the city, they would, Of course, try to
prevent The following isthe last return ofthe Bank
Of Penns ylv ania made public.