The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-03

Nn3, - Sssrrdy ssn, ana me neglect Of the Hoirser
cessation Of much exceraent sad pano sous peoo,s
ys.sreaS. - soon :. 1t known that the Hcu
MADE upsa nos 81 ss oss: s.a s1 r EDEN
For few hours The doors Of the Oliver Lee Co. mo city
ss Gums r.assr sn ons as.e . ssn SSa1: ana
the saying clerk Of the hardest pressed Of these nsucns
q s nsdsss bed rsSssnsd n. sSss ose ,SUassn1 dol
as. which mad been presented We graraed learn
hsNnd sss settlement persons holding ANY considerable
OF tho hills O. our banks oO6dens OF their
Scout - 70 refrain entirely from calling for their redep
ton rhs wse and Just while 10 exceedingly ipiadnons
and Uscevous in ~ tendencies rush for
spe0ae, when n kncsn by every intelligent that the
blu holders are aburdany secured against o,s The
ipcief OF THE performance lies In the effect produces
upcs che Tim In she commrny leading 10 rsc.e
ueIt and panic Under an eSCisd ssae Of feeling
ncr. n THO onruoss rycics no, 20 d,sssser i, q,
the COED Sss generous nSdence $50 lid
60 exercised towards car nsuied institutions Tina, taey
may nass been atty OF Acs In their management we
net prepared 70 deny, but hey have snch
u ssscs their sosvency We regard every Individual
bills Concerned Unless We msAppsshend the Of
association, under which hanks org ,nizca they
Aoch - " s~Oaye me depooS roa ioss and heece
there i iuEt Tor alarm regarding eihes tho
fclvency Of sher bihs o. the eAfey or depossos To
&c copv ila to;i0sns ssoo or chapter " tho present
banking Laws OF this Ssass-
Fec The stockholders every ios.
crsa & l. sas Gssa I
siv,dHsy ss.oans q ssr TesDecss ss.e
q siCSs l. sny gu earpesca .is.ss &.
| sad ls, day of Jspuasy, 1850
me pneSo mind Is exceedingly in regard to
financial astsrs and essiy excited and hence the mpor
TANGO OF mech caution aud f,rb.aauce towards cur
moneyec Institutions Il the duty Of every 10 ic
spe confidence and slsy alarm In All directions. 90
b. done without endanecrns the Of rdiv
csrs The feeling OF panic Yesterday morning led some
s s II ,.' ss sg, osass y s a.T hs
sits were moro tnan equa 70 meet tho dra made upon
intu We -egrrd II N very Khortzgnsed movement
sAair $~nr.
.rgs banks for fear OF loss for ono and all sro in
Judgment, sse be-ond q eouhs VIA, safer oepoeftwy
ihcy can Ind for Their funds q such time at loss
e4every cne therefore, &C. ccov aud with w.se dol
be-a.on IN regard 70 monetary Affairs /, 10 only
hope OF specify return 70 confidence IN. healthy srx.
\ mos sc1iSu.
Az sresdy remwked we regard the bile OF al
ou SanEs dong business wcsh hundred cents
on the doy and beyond the roach OF depreciation any
eent and hepca entitled to ITO uC; confidence 10
ts soeye no cause Of alarm N regard to the bile or the
hSssr bnk n Ia only necessary TO that the savinks
Banks received them Yesterday at pAy aer It's Suspension
depc. cs eMcn- eants which continued OPEN lc their
depos's in fuN conatenue that they safe, tais
course o. heir part VIII do much 10 inspire pablo ccns
| dence
ascrds pearrrc TO refer to the sosven,y Of our
nrscnsn. and ons:sess mon cnnnscssd with tina ccm-
mesce Of the ty We do IN fun confidence that
her credit and 80 isrosgh without farther d.ss..er
rage, and look to the fsD FOR prosperous brsinen
| ANorEEE BRosYR rRoKK.
| FROM The Troy Tines, Sept IL
We 5eEre: u that John e. BAtes OF this city,
stopped Tsynss: Ills morning Bs "a OF beayiees
brokers' NJ. Bates is principal owror OF the Bank OF
ccnssed in the use Of ronawanaa Hank AND onsr rncur
rent money, to the amour: CT els 600 70 $50 Gao caAy In
New yeIs his su.ncss FER The nos % cart has sssn
done a Albany M Basos WIS also largely Dte esed in
ne Worries safe oompsny-the manufscsure o: i! los
ssfes this city; ard repre- ented thai his Advsace
% the rumpany or between SIS and sIoo eco ne
o. h present embavrsss men, and think tho
.xl.l natu kar.x W. -
forme hat ssss o.oo does mel Affect lie house 0,
Bates s. Griffin The Worlds s.re Company have tempo
Ct ecrrso be pernssd 70 sl through entirely Kr.
BAiss seseis Informed iaygey In advance Of
.aoF1d atr7y him ssg 20 has he VII be sSle 70 ~
rune 10 few daye TINS .e the nrs strckc 1rcy has re-
o*ved sncs me sene IN Of toe New ORR panic ana
believed ss no permanent injury Or Outside csses viii
| rssrn from n.
ILLINOIS.
YrgrEIR EXAMINATION or BRoNSoN, TIE DEFAULT
lSG BANK OFFICER IN cEIcAeo.
| TOO fartse, testimony In his Gaze before Judge Hn-
Ken, . principally fer the defence, who endsavorsd 70
cnsncs' Bsns he stosstoccru paid at.s Of no noncy
mo ~ ths the Stocks consisunG Of $50 900 Virginia ca
Which .ers deeos.ed viii me Ausor ~erc procured Of
took the circulating notes Of The bank payment FOR NE
sock, and thea pu be.e Dosss In circulation New YorE
and & sc .su icf cc aa me |snsy n
brokers' efnce in tie guise Of bang. TIE on
Htse points, being merely hcarsay, .n rrlod os. In
| Yesterday, he fnh day, Judge John u wlI,oa uss
called AID sTsnsd ty Mr. CT osssns for the prosccutcr
be stated Ia, De bad unr.ur Aely been ade OF the
1864; thsre isrse derc; in he bank, sad !. Va
concluded 10 wind up The concern IN the sy ~ 1855
IN fres; nepidhtsn and stated Tia. Bronson had absac
Cd large psFt Ct he funds Of thu bans and Pledged
ict prsss ioAns witness Vas deraled 10 cal, Bror-
POI, ard da 30 g. his house Michigan Avenue whIca
v.s so-gecrry f1rnertd; when ta.Eed h!r with his
Ar trsnsscicn be exrrsred Es.cai<hmen, and ssses,
taken 80 ooc $4,000 Of TIE money Of hs sarr,
he sA'd, 81 have 10 stoen Or takea (asng tao ssnc
imned.ey act Up aad started 10 10 out. saylnr. TsSs
enonTh,p nsnd len hin; vtuen reported TO Ar.
woodwor'h and M: nsors what hsd .ssou pIasa;
have no. spoken 70 him since excsp. On trial
tmorr TIC directors, I was rather beligerent, Ard
oihcrs ,housti We ssi setter Gee '' Hss d,.c ,e'
| ton; that we Commenced crmisal pfosecra Il
srpsved and has boon cay 10 catch hin ard 4;
length Ftortucr vas Gotta ned for blm wl!pes, sag
ssy hd he 0Is v.s mar ron ,ss sa y ssnsos
aaysea hs, The stolen bis lad been rgred In the vaEl
! q The bank
iasEe w. wa eros examined a. length ty xr. ssrsr,
Hc denied TIA hs bad askcd Hrcr-or up HI, cas
Der 70 eonve-te win him. bad cniy Interview with
hin, erceyi when Gales before tho Blo.rt chu,ch vi
Ga rot rate 10 him 70 the .n.erylsw la ne hAd
taken so co or $40 900 Of Inc Horch.nti ard Mechanics
' we v = s al so ss.s ss s.d &
tetr ite' anl hey hal settled wls1 h-; sorc var
rcch aonvcYzttop risen heart INST 3ronsoo tod uiSi
ricry bit be .oIi u 70 witness TIE name Of 70
| hank vas mentioned by me; vfsress rsid nc
| tsd tskfr $4,000 or so oso q bns and he
| is'y denied ~ witness vert on 70 rAy
us v,r pcsr.ole 70 cs,:h Brousor ID tho city, =, se
dodfea scot n passing thro1gh witness sad he had
o so COO By Bronsc operations ard may nave COZ
siderable feei'rg; have efRmued the books 10
ccr'sr n regard n he tocouns vltEes would ret
iol .n9 surh thing; be regarded the plan % ding
Rocks ~ ceu BE euiry scheme i0r s-naug fsiso
envs, ooic be made and The be-. OF bookkeercr coas
not detect mem; witness woaf an3e-lsto 10
~o5s 20 moat ocrt pros en- n Gavicus CONC
Vers 80 70 rn-tvel the rysfsrrs o. double cLry book.
feerirF the books show balance FOR Bronson they
are wrorg tsis all s-i Hths pepyle b. svirdsd 10
FAY inc sonbe entry system should DO abf llrhed "
rssrte Iror.cr proposed 70 tring nap OF csrg frc "A
tho East r. h-y OFT TIE bank rut tsey never came IN
waited crtY itsi tte cnRrer would Ne redes ned be
fore The bank vent crt ~ our herds rut hs NOR
l 60 -. - -