New-York daily tribune., 1861-05-16

charge under any State law aforesaid be forever
and discharged from all debts contracted prior n.oiy.
| scharge. ''eA
entitled to receive i've dollars for each Of certificates
Petitions are being circulated extensively. snd .
strong pressure will be brought to bear on Congress q,
the passage Of this law. 1t possesses the great merit q,
notlnererng with stringent provisions Sata
Legislature may enact. In fact the States may nullfv
it entirely, by simply aboshng their insolyent lava
Our banks have just declared their usual san,ian
nual dividends, only one high as per cent-tbs
Southwaikthe others about g. while four of the nsw
institutions have made none. The fact is ths rer,,,
is good enough for the times, the amount Of suspend
ed paper held by each must be great. Eighteen BANKS
with total capital of $40 800 OO0 distribute $U7 coo
less than per cent. This less than for several years
and about $50, 600 less h an in No7ember. But since
then the of business done has greatly fallen o.
The mercantile payments Of last week were met moe
puncually than had been expected. State Fyes have
sunk TO 75 but this is said TO be owing to the large
amounts put the market by the old Saving Fuad 10
meet calls from depositors, who draw gold and hoard
it. These Fives fell 10 80 in 1857, 50 tha: We are a
great way off from that point yet. The banks have
formed league among themselves for mutual support
after the manner Of yours. They are doing a ysst
deal TO sustain the mercantile and manufacturing iu-
terests. Really solvent houses are upheld with rea;
prouipuess now This is one Of the benefits achieved
by the league But business is very fat indeed, and no
sctiyty prevails except in branches connected with
army or naval operations.
Reputation has tainted even Baltimore. ner-
chant Of this city last week applied to by Bali
more debtor to renew maturing note, promising to
send note at shortd the holder of the present
would return it. The latter, supposng his
pondent an honest man, complied with his request
and forwarded the maturing note to Baltimore. in
return for this confidence, he received beginning
thus: -Four months after the Government Of the
United States has acknowledged the independence Of
" the Confederate States of America, / promise 70
&c pay" &c. Now, wbatsay honorable Baltimore men
30 a swndle like this Should not this man be plored
by the whole Baltimore press, bis name bloted from
the books Of every Baltimore bank and himself cut Of
from all further intercourse with honest men While
business people avoiding new dealings with the.
rebel States, s it not time for them 10 keep sharp eye
| on Baltimore Private letters from that city have
been shown me- which give deplorable pictures o, the
utter stagnation of all business, and the des.ston
brought genteel families, even TO actual suffering
for want of food by the action Of the mob. As 70 real
estate, it il perfect drug Nobody wants to buy, and
almost everybody wants TO Sell Houses are empyty
hundreds, and rents have gone down TO the ruin of
owners Multitudes continue to leave the city, having
no confidence in a peaceful future. That single out
break Of the Baltimore rebels must have beggared
thousands of families, and viii beggar as many more.
1t is generally believed here that Beauregari
killed in Fort Moultre. 1t is noticed that nothing has
been definitely heard of him the battle. Colonel
Anderson asked on Saturday if he had seen or
heard from him since, and be replied that he had not,
Wgfall, Pryor. and other leading rebels showed hem.
selves at Sumter after the capulation, but Beaurega
did not. In addition to this, letters received hers lhl
week from Montgomery state positively that be var
killed. His death is purposely concealed.