New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-11-21

rs.s,tv Q
~ -, DIT and eopf3saoe We rsin'to hat W. %
BOT 'l f. R snp s 90. sp I
i,,n. roes byobd the Limit szod By sF even a. 50 ~
SaS.r II money ud r.i.z-d iau,d s- dis
weud rves TO ihs tspdsa'y = lock Up sPa az u W, Il
T. A. al probable :b.. the ei ot si soui thereby b. pO
The no. bullion In the Bank still very eonde.raeie aud
surely would be psyps 100 dear 70: our Is % zee
e The ccun'Iy The ..ts Of retaining sot upon efs
fsod beyond that actually required p Insure re S,u5s
cs,d further sDd shs be sesJ Eevee me
present monetary system sie 80 zrP.ots - p s6on,d
hey sct thus the re.pon,ty viii b. hsnfthey l'''' a
eeiI1iDs ali eds. action until 'ea Hi'ehisi eLa''
F,os The EuopedE Tine' Q Nor I.
All the stringent measures hitherto adopted oy the
Bsrk of Epesnd TO restrain the effuZ OF gcQ ie9ui
their fieTs have been found n'uileisnt SEQ in7
screw bss received another twist, ior Gu TO- DE-
count from to 9 T. cent, 20 that moray ID
row relatively desrer than it was dsrcg the mersr',
able par ic which occurred ten yesrs back, "beh L'd
John Russeh. at the bead OF the Govefreht, fe'iei
tie trus Of the Bark Charter. pIain people c,onot
help aabirg why, in pressure ike the present, the
Baik do not soct from Government the Au1- powers
for which they mplored in 1871, and to this pstintnt
qrs ION satisfactory or inteieinis hhswef can oe
giver. The Daily Mes Of yceeTdaS ays with Do
be found pious iZ.dequs :, se.. s1sI.
snce q tie function. Of nation TIE Mne. sho tai upon
himself tse respop ability Of grTP Ing VIII ee on 1. o.
ude Of his court assuming that uch i9s s D 10
dts .g;n't the principles q moral nsh ~, Ma syfIy ealI,
ea. spSi,y the N n.o which Il being otes snTSarp
b o!erson Of the srDet ard S nc ems S se .py
tending the channel which they pursued 70 1917 There
ave noDey to p.t With it, 1orb,ant rser.te:
beh will constitute 'eveIe trie % even sd oSmuersis
unity rah money whch they DO not actually ns.S
unie
cost. This mesDs boarding Of capital Above a. %heo we
Sones cntnus 10 oct upon sound principles. and Al. d
10 the Utmost extent Of IT, aecOmraoda
uson to IL type Of 8 Were only
Bspa will te oe hs 10 i,spy nS' %
confident that the grasp Of the holder o. money would b.
% @ ca, sss es pe%. uppD tie Bank
would be S1jpa:ey relieved Nor il 1t at eli probable
that the uH1 Of god would thereby be promoted to any
sppreeiabr estent 1"
This s eourd sense, and if sense ruled in the case,
instead Of telf:bnsss the course which here re;om
mendtd. az d which we suggested fortnight back a.
the snly means OF efording relief, would be adopted
But We in the working Of the existing system The
truth e s 1se S wn S ias cb ike m
.nt me interest Of the prope Y and the interest," a ne p1e
quir assistance the least able to obtain it, II the Bark
sought relaxation OF their Charter, the Government would
Gear or scarce =. It ia q. preen. The Bunk however v
solicit the aid which only require. 70 be s,td for 70 be
10 the Ser a' next
be Ts. e @ %
show there i no necssy for 'p2yn aud
tighten i and instruct PgSe The III.
tried before him for pocsl Ohen.e Of which he denied tbs.
fol- Yer clever chie" said the Judge il toe spirit Of the
Bank Rsgou and il: ira s sVS I in .ss city, '" 'd'
The public folly 70, the TN. s s"a
would have been to per bills not having 90
days end 10 Per cent for Longer descrPon Ih the
ssv. BY
Of note. in their hands eus to ny
ness has been undo rapid contraction this
desire Of every person Thsqueson
whether any further rise vii be neeesary VIII hs,ofe
if the ccsnte community nstesd of recoznzng from whs.
they ar in DO danger being suddenly shut from
notation will pernscously rush 20 obtain double share any
The Bark can provide for wants. but not for .ers
There net the hS % ~ ace and y
take place is question rational people would ha'u
The Bank undertake provide for wants bot no: Tor
fears Well as the fears eT is it not cruel to refuse 70
Bsni can rebe provide for wsut long
they continue the grinding coue they are nov me
high defiant aso contsns letter o Mt:s
E ny ,S n,es G GD the PS
ophy in which ne had just indused says Of thi.
character, and it ia confidently believed that the
will rP Be G1i %e 70 the
bushes the cs,sbhment from being psed materially
expression regret at the soppsse ends hope the renewal
of it's busn with, at the same time the sdyocaey OF that
ions It is cd plenty assets bat cannot get the
required accommodations fine commentary on the existing
ano,her column vii found the fue, de,sl. relstye
Of tbs fnsncis pessnre We ar glad that deruts
ton the principal merits Of trade in the province. se
the Directors of the Bank Of England.
Correspondence Of The Commercial AdveItiser 800
Although the full wave of the New York psric is
now upon us and VIC have leaned that, owing b. the
State Constitution OF 1916 having deprived tue people
of the freedom Of legalizpg note circulation, the
bar suspensions have been incurred without the at
taLme 1t Of the principal beneftthat might hsye CON-
pensated for such event everything here in general
irsde is s,ill wonderfully sound. Most deplorable
loses are of course sustained but il is grand 10
that they are sustained. In London there has not as
vet be en- single failure Of extraordinary magnitude,
and the few which have occurred, such as those OF
Ross, Mitchell a Co., W. ii. Brand & Co.. aud
others been solely owing TO the receipt Of remsn
from AN erica In the provinces Of course the disaster. hays
large and uch regretted suspension announced yesterday from
sheffield the principal casualties in those quarters have
been in connection with es;abhmeGt, long suspected 20 be
eyt,nd,d in bushes. far beyond their legitimate
The 50 idty thus exhibited becomes toe more surprising
uron u, Simultaneously with the greatest trials Of Indian
urscton the receipts from nca have been suspended
actually shipping silver 70 assist the Government At
The rate OF quarter 9, n from s,e ,b Per month. NJ the
que the breakup Of the French Austrian and other
tpents .peculsons and tie abnormal struggles the Bank Of
France obtain gold from Us by bidding oi 1t premium
OF there must Be Init to cur power Of endurance
bet there sg2 that hs been resell ed and
wes RIGA pretty well known, and the Indian
attlorss viii doubtless abiian ar possible from
ing na upon there good hope
that we shall go through ss We have begun.
lie Bank Il EDssId yesterday raised their Of discount
sro,her y oent-t now stands = eent-the high.
eft point ever known. Yet It creates alarm, aui
the iunes receded lees than = On the preyi q.
dsv 1.-THE ith), al the heavy bills OF the fell que
and ia London they with puuctuty a. ia
The cnTne times and although the pest days have
tho an1iout OF