New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-12
VIRGINIA BANK CONVENTION.

WAsHISGTos, Oct. II, 1857.
The Richmond Dispatch says that on the Both ult
Gov. Wise instructed the First Auditor and State
Treasurer to correspond with the leading suspended
banks and propose that if they would redeem in fifteen
days with specie such of their notes as have been re-
ceived for State dues proclamation of prohibition
AGAR ST the future receipt Of their notes will be with
held The representatives of portion of the banks
met at Charlottesville on the 7th and resolved that
the course indicate by the Governor impractical
bic and injurious; but that the object would be at
taired if the banks would contribute q per cent by
the 1st December to meet the interest the State
debt due Ist January. Also that all the banks in the
Commonwealth holding demands against the State be
requested to notify the Treasurer that such demands
may be Satisfied by payment in the issue of the creditor
banks.
The resolutions were presented TO the Governors
who did not give decided opinion, but intmsted that
lie had Lo intention Of prohibiting the receipt OF Gus
pended bank issues for the State long asthe
banks acted in good faith; but he said he had no
power to compel the banks of deposit to receive the
notes of suspended bsnks but far as practicable
he would receive and pay out their issues trusting to
their integrity to redeem as fast as possible.
The Convention approved of these sentiments, and
pledged the faith of the respective banks to carry out
bis views.
The following banks were represented:
The Bank Of Valley in vrenis Winchester the Mon
DonioD the Bank Of winchester the Valley in
vD s Of % ss SSs Il e enisa s' and
Mechanics Bank at Wheelng the Central Bank OF virginia
WASHINGTON, Saturday, Oct 10, 1857.
The Navy Department to-day received dispatches
from Commodore Armstrong, dated Shanghae, July ID.
On arriving off WOosung, Commodore Armstrong
found the Levant ashore on North Bank, but by aid
from the San Jacinto she was got off without having
sustained any apperentiGury The Levant lett on the
on the 18th of July at Woosung from Hong Kong.
Commodore Armstrong states that the principal
reason for leaving Hong Kong was that portion of
the senior officers of the San JacntO, himsef among
the number were suffering very severely from the
disease incidental to that climate, and II was deemed
absolutely necessary that they should seek colder
climate. The change had already been beneficial.
Late Adyices have been received from NingpO TO
the effect that the Chinese Cantonese and Portuguese
have had an engagement, IN which the former were
victorious and destroyed the vessels of tbs latter, but
committed outrage or depreciation upon foreign res,
dents or shipping, Quiet is now completely restored
there and our citizens have no apprehension OF any
further disturbances in that quarter AtShanghae all
is TRANQUIL Our citizens pursue their commercial en-
terprises without any difficulty molestation on the
part of the Chinese people or authorities.
$3.50 600 of Government stock including interest
and premium, was redeemed at the Treasury to-day.
WASHINGTON, Oct. III, 1857.
The Southern mail from all points as late as due has
been received.
TIE Tallahassee Sentinel states that Governor
Perry was inaugurated there on the 9Th inst The in.
aup,ra was short and contained pledges OF official
Influence for the advancement Of the cause Of educa
ton and the completion OF railroads inaugurated by
the State The portion of the address commenting on
the Federal relations and Gov. Walkers Kansas pol
lev was greeted with applause The inaugural was
not published and consequently synopsis OF this part
of it cannot be given.