New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-05-06
nnIRn OF CURRENCY.

A meeting Of tie B ard Of Currency was heii u
Cllton Hall IN Wednesday night, ny. james " .o",
Ir..ia.tt 10 the chair. The Hon. George Opiske,
., Der II tie late Legislature, addressed the BCaII'
lie corprstularei the menbe on the success. whc1
Lad attended biz efvrts to MAINTAIN -oumi naSnciai
principle, and to keep up, the organzM'on o. INC
EcerI He spoke Of the policy Of the United states,
in ,-l.ctirg one initial the standard OF valne ts
rspid de,rt ciation value snd the necessity oi Keep
uc Nd lis yaue, departure from which .oHi DC AZ
.Id,d Ly disastrous rc-uit-. lie hsd suoh'tteu LiS
EIxiue POINTS 10 the consideration Of the L,glsia-
1t To .meBd General Banking ls~ limiting the discount
u eli bnk in ais State "a All amourt n' e
nc Aa respective capitals aud speS -"s'e' .i a.
y, of specie st % y o-9t "i ocir i@-aisse Va
To ,,cuir. the whole p. to pc paid up specie before
.on n.pe business and to f1sid L-E, On tie on ;ics
Ts.eIp' ios s,sa;.s ;%. Ua snS'
Al TIE rPslSi ~. Cs"is Ls~,. 49, . ., 49,. h., ~,
~, & y e.rr,,d ou, M Coot the sap-r,readeu, Of
TIE Bah D, At Albany dssreed with nn IN as Views
.Od - Ling The RrpoblG-n pat, No. N ~.
c.pd.pey t- State. for cnndor mr- ann % -, 'nss
p.It, h!cb Lr licay allied srd he vas =. AID 9-y
,poa have becom, scirnY impianee II s
,L. eth i..ue tn - b. soc.essidy a'scat-d Ia
rrsG tie uu Lew: the .a' # TIE rmers Gaa ben
L.ssrior- 'slhs foT ri-@ II these laws Ia's a~ev-
old DO, g.nes sprocstiou bat resolution n'd
.n to sarsius the principle OF tlSars OF Interest
only q qsgy instead Of sosn PrbfiPS ana iSs5 c Is
htrus,.d to MI Morris he himself was sch M oi..-
n rtLs till nch lie SAID, eventually defeated
L., IL t,u Nj SisS member rIn tns cry wac, ne
tbusif should bear the responsibility NJ UPyse 81 teed-d
10 .p Al Il the charscterstcs OF enaon durns tue
lr H. ich FIJI VI eOrruptin and charged tAat sie
S,- Lar Lad IL hi. rulings III ~eSc he SAID, ne
aid ,hc,r WHO ec:ed with him. mad scton u turning
u v en- unscruruous lobby empty than they tie
h. Lon prospects Of getting rid Of the rs,ti'o
hich .rr the popusr belief in the Usury Laws
ssrst he polued what had been achieved Ito
NJ un,d several fact, tending to show tlst G!,-s' Pep
rv,urs t- another crisis inevitable he sp kc 81
the pre-. and PROSPECTIVE depreciation Of the value OF gut
subject ceep interest ann ne hoped II would De
ipy-rissed ~ a that its portsnce demtnied
n, HIN ". Chaurr happy 10 cooperate with Mr Up
d,s- IN form. il which he -ngae-d. In regard . the
fsils Of The bill U.ly Laws had been dr-sted BY
CHAPTER than by rganizct Jpp.tJ
And sth, ush deal q prejud existed IN respect - tue
,tou becoming better uui-rsIod and he conf
sson the law would be- passed dne.s
NOV, n rr foot ccftat il fne question "f
morals well AID beth would D. saved by th. re
p-rl Of the ,Ni.thg Laws
vote Of thanks awarded Mr. Opdyse and Mr. Chau!cr
for their their benslt VI le Board
rcoluti, invite Mr.. Golden, ii this
cory d-I .ddr-. before this Beard the subject VI
JsIki b. foIe Ia. should Lsy- the country.
resolved that the President appoint committee % inyes
tsss port upon degree of bank expansion Ia
III, city sud in ills country generally together vita the "a 80
foreign commerce. aud report al me earoet
practicable moment The Board then adjoGraed