New-York daily tribune., 1858-02-05
In regard TO the Coal ,rsde, The PoasOil< Miners

JourHd! ssyt: ..-.,..
The business OF the region IS Almost entirety aus
PENDED at present. A. mary OF the cpLeIleS tnel" -
icarcely hand At work e1cep. merely 10 al en- ~
.he nacl inerv sni kee9 he cOlsres IN oIder' mere
are but few driving gaugsays and hsre y no dsTosi-
lion manifested TO make arane ments r an incr'ased
business this year. except where e0leres were par
tisIy suspended last year. This s unque-tonahiy the
sued by our operators iu the Absence of any demand
for coal and the present state of he market. This
policy il is true, bears extreme hsTd on the aooring
classes bui under existing cir umstances We cannot
see how Il can be- sv ,ided. Oar region prepared To
nee, any demand that may be made on t. with bnt
little preparation a5d that preparation can be made
whenever the demand requires 4.
TIE Iudegsndsat says OF Dry GOols:
There is some disp ,si,Ion evinced TO make pur-
chases !or the Spring rIsde, though spTng'y, AMI
prices are very firm. The stock Of foreign goods Is
la,ge and tie a. sOrtm.nts good. WHAT mpatrtIons
have been made have been " select qualities aad
styles. The jobber- have mainly withheld from pur-
chesng abroad, and will buy in this market. South
western and Southern houses are sending orders.
TheSe i a steady business doing in staple dom6sIc
goods s RI guar prices which strengthening rather
than otherwise.- The collec. ons IN the country are
improving. and give a moderate encouragement TO "a
rene wal OF business.
The Cincinnati Gd:stts says:
A bank bill which has been under discussion for
some weeks in the Tennessee Legislature, passed on
tie 2sth nit. The title act is:
0.D sIiTs 70 ss s s 10 r on or Strn
hen charters. and f other purpose. The ba3Ss are
spd hey are prhbed ss ths it q Jay 1855 from paying
mur1 and from dealing IN uucurent money also provided
,a 10 hank while Of suspension shall sell exchange on
.9y 95y in The United S''''' at A'aF' rae o. premium ~
II is further required that the banks shall pay out
only the own notes those Of their branches; anj
except in cases of parent banks, they are prohibited
from issuing notes except at the place where they are
TO be redeemed. This provision takes effect on the
let Of September, 1859.
To tie E4ito, Of TIE " Y Tribune.
SIR: In your paper oi the 9th inst, under the
head of Marine Affairs" ] notice an extract from
TIE Journal Of Commerce, retectlng rather severely
upon the Government for disburslng twenty-five cent
pieces to the crew OF the United States fngae Con-
gres- a number of whom il appears had made unsuc-
cessful attempts in Wall street to convert the same
il to gold or bank bills at par.
Impelled by de-ire to assist these worthy tars 10
obtaining fair equivalent for the cumbersome small
coin of the Government | would suggest that they
send at 10 Indiana where they can readily eX
change it for new and we'll executed bank notes legally
issued by the Bank of the State OF Indiana ms lu-
stutun appears 10 have adopted the plan of redeem
ing its crculati with silver coin OF the smallest de-
Nominations. from which infer that 1t would De
equally willing To disbur.e lts own notes again ior
dimes and half dimes at par.
Whenever such notes are presented at any of the
branch banks of ssid institution for redemption, the
holders of the same are required 20 present them one
al time, when the officers IN attendance procee1
with the utmost deibcraOn to redeem the by count
ng out i've, ten and twenty-five cent pieces and If
the amount presented happens TO be more than 500
or 500 the process of redemption consumes largo
portion of the regular business hours of the day.
The propristy and expedency of such course as
THE on the part of the banks of Indiana or of any
other State in fulfilling their obligations TO the public,
is to say the least extremely questionable and whils
ii does necessarily justify suspicion of their SOL
veucy the sutciency OF their basis it will never
theess force many TO the conclusion that such mode
of redeeming bank issues would not readily be adopted
by any institution worthy of public confidence and
gagged in legitimate and regularly authorized busi
ness. s.P.
Cincinnati, Jan. 2e, 1858.