New-York daily tribune., 1857-10-22
~o at ps..l !. .Meo, -htn .q,a It ths 80 =. :,

no lat ss,p s2oo, ~hth sq1i a. the .-ms ~. to
o. ts'. sio~ nsjersoa b. sllea The e,s'a expense
sAS k vSLh insured b, the handing ~ ts large
s,s,y sne Se ~ IN ,s1ed he dassr' wheb
.ssapany tse ae,usi'r, e. IN ,ss isS Of
ssisssct ih oT-ves snd our cusotn.si ss>n
no could for moment he't'e IN diving
To sbsa successfully Iona "sts'he5 ys. eon'ssedy per
mossl soree Of ,be sho aoe:on Of B.os .sd hse de-
ms" ssi.', = nS%.ss u e. The CO
ton Of osr old .ne more .ve 80. sh os
IT, e.ss momsn, !. peel lily favorIb for com s
tAs ri nm The deposit. .ho, yos 10 bints reduced
% nominal amount ard there eooseqa.niiy no dsgge; whs
sys *. .usisct q mriversa .ocudr There p,e.en,
y,s;s SeeoSIi,. ~; o.S I9 this P''0 EN- 81 into
Ycr e.rne.: eooper.ioa n this reform re.geotay 'oe
.a S every as well of 'oaIS gHs6 oFFIss Si 3,
Fyo,a rAe Ley..ais Jou1sa. l4tA
A GENERAL BasK SUsPEssIoS lSEvirABLE.-ltls
now clear that the long aDd desperate 1ver
ecd that general Suspension OF the banks ot The
Union is foregope conclusion. foe snspensi1ns In
New Orleans settle the question beyond ;sv or eva
pop Three Of the strongest Of he New Oheans bsnks
having suspepdeo yesterday "a nsnfest 'hst t1e re-
maiIter nust suspend to-day. Add although we
deeoy deplore The result although have refused TO
recognize the probability Of suspension by the Ren-
tucky banks II uust be clear TO every intelligent and
ysAec.ng mind that Il will bs shear folly, absOl1e
msdpess for the I'M TO attempt 3o1nuance 10 space
payment, With New-Orloahs a8d N,w York, and in'
deed oil o;her banks the Ubi0D, 10 suspension. The
only result effort, certain the dreadful
retut, win be 10 break down the commerce and the
industry and the agriculture OF the stare ana then 70
f at lsst from absolute exnsus i'm. An IInmediat1,
as instant SUSPENSION il the dictate alike Cf gisdo
and sound policy IL the Suspension "a i'm Mediate If
IL occurs before b9 banks depleted of their specie
by the CiocioDati brckers and hose who wo1ld hoard
and buy their gold early resumption Is mot only
practicable bat easy. Let those who control our
banks chow themselves FL for their responsible posi-
ton worthy to eet the crisis masters Of the situation.
Since srtir the above We have been Informed that
at conference Of tbs officers OF the several banks OF
ths State, held in this city last night it was de'er-
mined Ia continue specie pay me0t. We fear tnat t1e
babk cers have been ectU sted 10 this determination
more by desire preserve their charters than ny any
segao for the interests Of the comnuoiiy 1t Is true
that Of the banks have not been head from since
the suspe psion in New-YOfk Ne~-Eoglsnd and Ne y.
0rlears but We apprehsnd that the telegraph viii
bring the intelligence today Of general suspension;
apo il this should be the csso, can but think that
suspsr sion Of the KeLtlcky banks would greatly pro-
mee the interests Of her citizens and enable the backs
TO at much earlier psriod than an atempt 10
continue specie payment under such circumstances.
From The NasarAe Wig.
THY BANK OF fEsSEssER SUSPENDED The Board
Of Directors OF the Bsnk of tennessee held meeting
yesterday noruiog previous to the opening hour, and
deteruin, to suspend specie payment which fact
announced Immediately. II is proper to state lest
some msy be misled that the Bank continues open
and doing business heretofore, aud ts
rent Of home. The que stiOn is asked what will
the other TWO OO BabkS-tnS tldnL5rs du1 DDlO0-
dol We presume DO one knows outside of the
officers. further than ths., should ths Legislature
adopt the resolution pending, reno vog the penal.
tee their charters attschiog susoen,u, they will
doubtless folloS the example Of the stare Bank.
Fyom The 81 Louis Democrat Oct. 10.
The week just clo-ng has been one Of the sevsrest
trial 10 mons yed Institutions. Merchants aud bu-
sDess generally have loog since felt the pressure
in its greatest severity and not few Dog tina
wealtbest have been obigeo TO succumb to the em-
barrassments which beset them.
ko M.Ah pioaa n Sa Ahprp nh hQy da-
cgeafed in coip danbg the week, SiH, ,S3S ~, which
shows what terrible depletion they have suffered,
ana bsw much their condition hes been weakened.
We believe, however. they are yet strong enough to
ride out the storm. The iuos which have beea
made upon them are entirely exhausted.
Money continues very scarce. 1t is impossible to
get accommodation at any of the institutions. Very
little geld and slver il circulating, while currency
goes Cf with sacIity AZ ON par TO Is u cent dis.
count. Our merchants ere glad enough TO receive
currency at par for their country debts. Illinois money
will buy produce on change. Retail traders all take
Il, come fw asking discount of D T. cent.
Nothing doing in exchsuge The weekly bank
n. C.Il.