New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-05

charged thst tie p-s~snt lay Il u,csnstisss,a. b.
es1se ' axe Bank Stock much more heavily tAla IL
does other properly
The ConsaiIrcn provides hst il shsIl be tsxsi tia
enc IS other property. sni shs iSus IS ma,s aais
EoN before the Court The sr~st questions thss ssva
~ years oeen discussed are DISPOSED Of nv the de-
,ne sAnks The question wheeler the new law imposes
rs. axes on Bank Stock than il does other pro
Ply "a pending hut has not beea decided.
Inc following is synopsis Of the new Bank
WsSh has passeS; the L. .islsrar- Of Illnois:
s So, L rrov1des that COMPANY ssSn become in
- - usoer ne General BSnkias ~ uarl socks
suditor. O0'1 uepOs''eo WIZ 'ae
2 Provides that no bank. broker. merchant, or snr
BODY else shs emit circulate pxy out or rs.;,s =,
banks, and the notes (uot less than Is, ~ go;
reCulsfiy inoorDorsted banks Of the ststes
the District OF Columbia, and csns,ia '>''"''''S'
TIE penalty for each violation of he law Il A,
] Provides that any broker. hsnke~ or msr,h,,.
who shall vola's the law shall imprisoned no. loa.sr
thsn one year
81 Makes il the duty Of any one Of the Bank Com
rsiouers who has believe or who Is inform Il
BY any credible person that aoy bank banker broker
or merchant has violated shy Of the provisions o this
act to so forthwith the place Of business Of such
person and there inquire into the Scts with power
sdu'iF osfhs and issue subpenss. And ha shall
think that the lsw Ass been violasd he is Obliged 10
commence legal proceedings OF 4 very stringent and
effective kind, to punish the party and TO prevent III
Their violations Of the ls~.
S s. Contains further provision for the enforcement
OF the law with further provision that If any Bank is
legally sdudged TO have been guilty. Of violation ot the
law such Bank shall be put into liquidation by the Au-
ditcr, and wound up.
SO Provides the, the Bank Commissioners shall make
oath TO perform all the duties required Of them By this
81 Makes every payrnen, utterly null AMI void which
may De made in the kind Of currency prohibited by this
oct
. hill -. 4 IN,
any Court sny Contract the consideration of which,
in whole in part shall be Of the kinds Of currency
prohibited
Makes persons bringing suits for viostion of this
law, and the defendants. competent witnesses.
10 Provides that the act goes into operation the
LIST of August next
At Boston the Money market is easier.
The following statement viii show the re-
ceipts the office of the Collector of the Philadelphia
and Columbis Railroad In Philadelphia for the month
OF February and for the fiscal year thus far compared
with the corresponding periods last year
Amount per last report. ...............SRS7s -
Amount month ending Feb. p 1873 ............ 1882 -
Whole amount since Nov - s72s1a 50
Same time Ast S1sOo %
Increase (abCu. 81 per cent? STS %
The Finance Committee of the Virginia
Senate estimate the Treasury receipts for the year end
ing 3Oth September 1883 at g. SIT SO A. aud the die.
bursements for the period at 81 t36 733 81. The
liabilities of the State amount to s9,si9,5s5
A motion 10 strike out the enscting clause of
bin to permit the Bond, of Jersey City and Newark
to be taken securities for the circulating OF the
banks, was uegstved in the NewJersey Senate on
Wednesday, by decisive vote.
A bill has been introduced in the same body
to modify the retaatory law Of last year concerning
fereign Life Insurance Companies