New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-11-04


the Bank Of England, with bet f27y7 GOO
Gle, and having fe5, 500. 90 Of deposit. and -
latiop, only raised, the rate of ipterest N 81
rsise it to in October Isl, with CO. SOD On!
specie in bank -. ~
l fear that the failure or suspen ZOO of "A -
great corporations and trading 6rws n ~
may bIigg down heavy Londou houses eoy,ssSs
the Uoiied States and Canada trade. - VA
Canada borrowed -, Oo0, 000iu London i, Ia, |
from the Bank Of Ergland--due 10 lisa po,
sirkirq fund t, pay this sum, though sot An.
have some 81 COO, 900 in the handsof ~ -; nus
ers and Glyn & Co, or rather they hsvr go,
nsr cent Conscls with il, willie We Are hs.saso
new sums at per cent Our agents, Wis" 3
Co., failed in London during the panic Of lsss
much to our lOss. - ''...l "a
The September average circulsticn Of a..
chartered banks in Canada was $40, g7l,37S. IA
for the Bank of British North America 1892 IN
ard SCI, 1913 for Eein Co. Baok, also Sii9,aSk,
a free bank down at Stan.tead, and we have y
active circulation Of Sl3, 90, 3ls, Of which 49,
a million is usually to be found on your side 4 ~
Province line.
$40, 974,275, the sum obtained BY adding tA l.
nos;ts in eleven chartered banks, $3.50 60 4
50. ~. 1916 in branches of Bank Of BnksA NsA
America. and s35, 1876 in two small free banka
The Specie in the Bank of British North AmesinL
Sent 81. was 1906, SID; add ST., 900 in TIVE, M
backs, and 50 6O4, $50 In the other eleven, al e
cnding the revenue If Canada on deposit) wetam
50 SIS. 365 az the specie in all our banks elsevt
the Gore; but the estimate is perhaps ta6.
600 higher than the reality.
Sir Allan Macnab actually buied the Od FAniS
Compact here, some twenty years SINCE, 'ste eAar
teripg the Gore Bank-the Colonial Once eejoe6ak
IN vain as to omissions Of essential provisions &
charter. About year since its clrcustoe We
81, OOO, coo, with but little specie. lts cspitslh
$500. coo. Last May Rufus H.. King OF Ahay
held $40, 900 of its stock; the Hon. Robert Mel
son. Philadelphia, $4,000; j. d. Plumb, Ahsly,
$40 600, &c.
Sir Allan. whose daughter was married rs,eutly
IN lord Beary, n. p, eldest son Of the ESrl u
Alhsmsrle has iust resigned his seat fof Hamilta
in the Canada Legislature, and intends to Eesdsl
England, where he will probably Intrigue -
scheme. 90 far as govt will allow, IN myor We
faction that coaded On the outbreak OF ieV.
That movement is far more correctly esnnase
than it was when mems minds were sp6
ted Even The Globe, here, BY Mr.. GnN
Brown. speaking Of your Kansas eIectas
.s;S two DAVIS since, 1.-The bsllot.box
al has failed. What is htt but the eartridgeboxi b
not this the ultima rdio-the last resort Of insuts1
" outraged people, as well az Aingsp The ~
warns to the SOIL ----'
Our Mayor, Mr.. John Hutchinson, quito elssw
active man, . wholesale grocer, and hike AtsctAey.
Gereral Macdonald) an Orangemsn for personal ~
political ends, has suspended cash payments h
have Ross, Mitchell Il Co., during 20 years, ~
haps, our largest mercantile establishment ! ~
of other suspensions and assignments, but do ~
choose to be the first 10 name the parties.
As compared to same time last year, the Grs,l
Western Railway fell of 800, $50 in its gross 10
ceipts during the week en6ed 23d inst. widow
sought damages from the Company for the Ioss Of Ag
son, at the tribunals here, few days ance; b I'D
lost h,s life at the Desiardins Bridge, 18th a hk
March. She got g., 400 and costa At the haf.
yearly mt letting of the Company, london, EselsaA
9Th inst they resolved to advance $780, eco Ia cssh
to the Detroit and Milwaukee Railroad Company h
help them to complete their line across Michigan.
Il is said that one of our banks lent $l00, 900 b
one of it's Directors recently, TO enable him kcf
out the money at Chicago Travelled last wesA 100
miles by rail on the Pittsburgh and Chicago Roaa
through Ohio east of Fort Wayne, and was roAI1
astounded at the extent Of wilderness he'd by .,
sentees. Nowhere in Canada West have met
| such trails of unbrOken forest. Whle thousand
million acres are to let in North America abeecdied
men are being sent to an early grave On the defiant
plains of India. The Church Of England Incumbent
at Cbathsm writes The Times Sept II, that aooo
men had left that garrison for India whose wives
| and children remained at Chatham, and be ashs
what ia sxpence day TO msintaa q wife aud ssv~
OF eight children But for the lust Of empire We
| would have no India feuds, aud in Canada o. "
United States husband, wife and chiklren might hve
in prosperity and peace-that is, If they dId ~
quarrel about the Know. Nothings, Popety, OrArf
ism, the battle of the BOyne or some other popaAi
bobby When In 1893 Brigham Young was editin(
little paper out at Far West in Missouri, he ~
very dim prospects of creating the excitement n
has since done as successor to the unlettcred u
Smith, the first Mormon chief. Brigham 80
trouble ahead outside Salt Lake. England, both
public and confidential missions, is urging her Cob
NAL Governors TO look well to their military Oh
naval defenses; the catalogue Of Baron Rottsnbutg
militia appointments here would fill No. of Tai
TRIBUNE; and, although Gen. Eyre, our Commss
der.in Chief delivered an sxultant h0mily On pesce
with our neigbb0rs, the panic everywhere, the idht
ness, the want of means to live in comfort, bod pay
ments nation TO nation and events arsiDg out o. tht
HindOstan and Chipa wars, will be likely 70 Pu
mankind in bad humor. To go to blows would b
poor remedy. 1....iY .
We hear that tax On tea and coffee 10 proposal
That would be tax on American manufactures D
u Government not embarrassed. In Canada vesJ
few debtors are renting to Europe the sums due
or any part thereof; and not bushe in tea o ou
wheat will get to market before the frost closes u
canals and rivers. Our Legislature may mat =
January next. Our banks are not diseOuntisg o.
cept perhaps, in the indirect way through brokers
Of heavy usury. '---,-
Fraud and folly are the worst enemies Of the hank
ing system Of America; nor is Eaud punished. An
iull purse brings forward the able and generally r.
cessful DEFENDER of wrong. When your Ohio Ln'
and Trust Bank failed, and set the ball in motos
and when its assistant cashier made known the ne
that the books of account Of the New-York branch
were utterly unreliable for any purpose whaa8ef
either to show its debts or credits" hoped n9.
Sne rascal would be hauled up, but toe naU0a
seems to have rested there. ROGER SHERMAN