New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-11

beips iset in New York ava comparatively moder
ate t1oen,s would be most Of the time travelling
bse,s.rd and forward at NO sm.H cost The
Government inssesi Of drawing q premium to
.stte Tressuly ct Warrington, woad BE- on! OF
Utcket . ocues POI ding SIN, if not mach lager
oue, to pay for the transport Of tho specie from
New York to Richmond, who the purchaser Of
TIE drsf. would ell have 10 pay IS mach mssey Cor
more a. the pIen ium amounts to, II 10 way Of
freight, insurance and charges on the trsuports
xea Of this same specie bach again from Richmond
to Eew.Ycik. WouA anybody gain anything OK
capt tie EXP -es,nea) By this opera.ieni In fact
wcu,d it cot add a new item to the cost Of every
bill Of goods bought in Eew.YOrk and sod again in
VilgiLisi
Upon another point, also, in connection with the
present meitcd Of doing business between Virginia
enc Ne8-York, Go'ernor Wise appears to US to
deceive himself BE complains that since, from
the necessity Of me case, exchange is obliged to be
in fasOr Of the commercial center the issues OF the
Virgin. bsrss carried OF cent to that center ara
frst subjected to discount there and then are re
turned to Virgins TO draw specie. This be repre-
,ents asa "tsI imposed quarterly On large per
"cert of the Virginia ciicalstion"-a tax paid
by cur people chiefly for the accommodation Of
"tle traders Of the larg. towns and for the benefit
of tie dealers il ex char se'-a FAX which makes
the i,sue Of bsDt paper immensely costly to an
agricultural people" Certainly il would b. very
ridiculous IN "ouI people" to 20 On, year after
,.sr. psyps such q tax for the benefit of other
teope; AID we think Little reflection win COZ.
vince Governor Wire thst, whatever other foles
the yirglDisDs may commit they are not guilty Of
th,t lie discount upon Virginia notes in New.
Yolk IL, IN er ordinary circumstances Chat is,
While the banks pay specie), no more than fair
equivalent for the trouble rick and expense OF
trsn,por,pg specie from Virginia to New York,
which By this ms,us il transferred from individual
traders and others TO set of persons who make
this tra1sportatlon Ct specie their special
buslre,s, ard VITO are, therefore, able to
carry i On liz the meat economical manner.
If the cost or this transportation, which falls fair
l. SD justly upon tbose who war. to use the specie
il New York, were not pad 10 the sNaps OF dis
oount in New.YoIk on Virginia bank potss, it
would It'll haze 70 be paid N some other shape.
There but OF possible way ia which the payment
of this cost car be avoided, and that is By saving
tt Ieces,ity Ct the transportation Of specie at oil
between Virginia and Ne York. Governor Wise
It bles upon this ces - it We're BY accident but
he toes lot urge ito practical adoption. If
tie people Of Virginia i1stead Ct attempting 10
iase bsIIs Of tteir own, would be content to use
tie bank notes Of NeE-Yort, they would have a
cuI1ercy which Ike tho drafts Of the Federal dis
bursirs agents On NeI.York, would command a
premium at tore, while here it would stand at PSF
" II The question was an cris nal one" says the
Governor whether Virginia should have banks
L" Of circulation, 40 long as she has no center OF
" trade il m;aht vel bs argued that her people
1cu,d not bear TIE tax Of 81 issue OF bank notes
3" at ALL" For Stats to set mp banks before she
ha. got q commercial center the Governor seems
10 ;tpk. % to put tho cart before the horse. 1t is
inpCs.ibe he ssys. for srch q safe to introduce
the CleM;pg e Houis system, at leas with effect, and
BESIDES in all such Communities the deposh
beipg small, the issue Of notes must bear
larger proporttn to the capital than in COM
ue,cal communities Tie Goveno or sees plainly
enough that o. Virginia usaes New York its CON-
me- ,cel certer so for me reason she ought to
accet. Of New York as her banking center-in faos
10 use NeW.YOrh baLk notes Instead Of attempting
OF issue of her own. Any ,uch change, however,
be corsiders out Of the question. 1t lisa foregone
"conc,usiCn that se are TO have banks in some
"form." 1.-THE habits Of our people are fixed TO
"ba7e banls, and more thar all that, it is 10 the
face AID eyes Of Gov. Wises projects for diminish
irg tie Dependency Ct Virginia OF the commercial
sections Of the U1ion. There is ole thing, how
ever which night be dore, 4 rot by Virginia BY
tee CAPITALISTS Of NeS-York. which would combine
10 srest degree the advantages Of 40 issue OF bank
ro.es emsraii-g from New York alone with the
con7enences and benefits Of LEGAL issue. The
y,tem Of redemption il this city, which now ia-
olutes New England ard New York, ought to be
extended to the wkcle country. Recent events
have proved more than ever the convenience and
benefit Of this ysten., and precisely tae same res
,cLs make If applicable to the whole country IS to
tae States to which it already extends It is use
LEES for Gov. WISE t. declsm against commercial
ceI.raization in this city, or to imagiue, - he
seems 70 DO that trade can Do restricted within
mere State limits. Since hs has become Union
man be ought tc give up such narrow and sectional
iceas.
"Weai pie. J." obsefves the ssgaccus Mr. Weller,
;np;o, ooOd-vsn vou'fA .n~, IL Ant