New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-11-27
Tie statements Of the Philadelphia banks FOR th'

A suit has been commenced in tie Supreme Court
at Pittsburgh Pa by X. ii. Graiz, against the Penn
sylvania Railroad for an injunction decreasing ihe
bate agreement under which the Philadelphia and
Erie Railroad was leased by the Pennsylvania Rail-
road, imperative and void, aud ordered tho same to
b. delivered mp to be Cancelled.
TIE Beard Of Control OF the State Bank Of Ohio,
at their semi-anpual meeting in Columbus, adopted
resolution recommending the branches to subscribe
10 the national loan " tho extent Of their ability and
The State Journal believes they will subscribe TO
the erten, Of full 3 half million OF dollars. Fit
teen Of the thirty-sx branches have already taken
;26s,Oj0.
As a subject which l. at present exciting much
interest, we reproduce entire the leading article from
Messrs. Samuel Hallett * Co.'S circular, per The
steamer, on the question Of foreign exchanges. IL
Is able and Exhaustive:
Ia. reject t8r,nes n be ras' q sterling sIob.sse i e.
tracing s;.enuon. srs l. creating some though apparently
pouudes apprehension lei thry saola 20 40 ~ sP's
point. - .9li Il among orr rrrt impofani podlenhs
why We tLold Mt export con'iderle pros oton q The
prod a. ue q e. vel o. b. pace 10 ~i,rho
s0rsr 10 r,cic avail ourselves o. one Of our most n
por,.nt o~n.ns OF strength a. article Of commerce
sod bepf De Issu n labor dee, rot elasr from wrss or
coz We T s ss w. ID, s si pS S Of
eli TIE - duets Of the labor 81 our People torcep pcfhaPs
/ ! 1T
Thot T. resson rIcep; far that shipment OF specie TO-
public mind svdonos Of balance 4 u'de .e'iu'i va
n n nrt te ia. va h.vs been produeir oouu
T h.ss outgrosn thos- ssn dosna' IN poeti
Aqoast Of he rtcious metals gtion, which
are gyus way 80 ilo oIc correct doctrine thA th' msy
6ye dollars IN gid ,pd irrin nrEioo to ore IN hs''1hu.
setis ne wealth o; tic issts tsenty times greater
clothing IT. H. the tun'e Of these and other hnds
Of property & eHs1ss society 70 ehoe 80 itr s1sh sn'
ia added 10 tne puNiie wealth.
,rpy Of gold fo commercial wants Of the country The
o. don ,sto war was De" one, and wst natural
that we should wish 70 accumulate isse huonh o. we
,u metals Tor Unforeseen contingencies tbst nitLt arise
bnt tbe expenditures which have thus for been made ard
which have .qUscd 100 have srsfed no 1endeneJ
40 create ,cacity uuusut demand Tor specie, for IN.
very sB that there oI', 1t home the greatest
.bundaDce Of all tsi Goysnmea beeds io the pIo,eeoa
natobt the holders Of Lfesdsiufs a.. wiling 70 take III
securities Of Government IN paying io .hsir sales ,he u,e o.
az g. the tTsrsctionE 81 the Corn lIch.nse vince
ef.cted b. chscis upon bsuk credits Gold and
,gouees TO CONE ct what the puoho needs
and II s wsnis can be supplied without their USE al tue
osi experience 80 hI IN sIset harmony with th. state
nsuL Toe bank have much larger amount q specie th.n
lump Il soon way bok Into heir vaults. Govern
meu, pay Il out fer ood eOhi,s transportation end rui
and the recipients carry the gold
the banks either IA payment Of debts or for safe keeping
The operations Of Government. consequent " have been 10
perfect harmony with the general routine OF busine and ef
er DO tendency sbsob e pecou, metals In tbs country
Their effect has been siimn business and mako
money really sbupd,nt the amount this ineodns
bsuf credits 10 Ia ratio 10 the transfer Of property
Another why the hes had eject 90 absorb the
precious metal IL the fact that the general confidence
which preVals there Lss been boarding by people
There might have been with short crops hsd the war been
upon northern coil But as no eLcnsous have been eh
for :bs future by the community at large no .rAedih5
means have been rssoT.sd 70 to provide sSsin,' it.
As tie condition Of stss In tie states oysl to Oovenmen
IA normal aud the hch 4 In eject wascd
on fofeirn so 10 not dsturbit elem n We need EEL
under Epptehensons - TO the effect 81 moderate
OF cold VS. produce least SIS 600 tOO annually Inc
10 Csorz into neAt blessing would convert
LARGE proportion Of the labor Of the country n IN stcio
which neither DO drank end .hlch e.
ee e. currency cannot be msds bss Of reproduction
Assuming that had supply adequate fo the bu,ines
wants county when CalfoLis discovered snd
that az addition $1,000 600 snnusly al tat vas
needed the incfeaad wants for and inc s
our promoted IN shipping the balance. ju a.
They IA. he direction We had abundance Of
! specie ia the coontry when the commenced since
January the imptfts bto ths city, exports have teeh
nearly 4i0GlJVyO. lilo nsDiiesis from taii9Ina nave
cquGLd t3i.2I8ggi mailing total Of SI2e.oN VIZ; 40
ths should added ., least lJoOUoO more received hom
California through private hAnd The u below thr s1tiate
OF ne ous Lawns beat OF forming correct opinion
Ne hsve, lien, fully 5s2uNNO Of Specis ~ the .op"t9
more than had The lTt day Of January lat We ea
Part half this sum- ouly without tho lest ine"
yeucnes ith lfeat advantage to Ourselves Inc ohi
h.Ifn that could result that nE. be ciened
bat which entirely grounces We have not YET "0i
b. sds the cid that 80 long ensated ne "o
We inId because inexperienced. 'hllnebi q"
few millions the present time might be thu bett thns ht
could happen In dispelns "a existing though tIesno'e'
tisrm. =, r,
Bui ,uch an event do no, rerarl probable The con
aon of our foreign trstr sboy that specie pnt sill cone 70
iaH nR