New-York daily tribune., 1866-01-05
IScoRPORArYD BANgs.


Ihes2 facts convey their ownimpTessiye commentary
and lhei speak only o. dissolution.
NcoRPoRArYD BANgs.
VI tac st OF January, leo6, viii expire the limited
:hatef J the remaining incorporated banks Ia tlis
state. ioGr OF these have already commenced iOlgF
brsnes. rnder the auspices Of the national system.
The Danz Of the Manhattan Company and the bank
Of the New-Yoik Dry Dock Compiny with unlimited
them Di.fa.
TIE BANK YUyD.
Contributions 10 ths fund VIII cease after January
100 a'c 'ac charges upon twill be lggdatcd 50 for
as pN'ented or the first Of February following There
val tlc1 remain estimated balance Of about go
tr the qacalion Of which there s Legal provision
3, mo- li1as'ly renew The suggestion Of tie Hon. II.
Van Dycs. tLai some appropriate disposition Ol tie
balance the fund be authorized.
IdE BUSINESS o. THG DEPARTMENT
a AZ aac3ted IN tie last report from this Department
ue.e rs been material reduction in the force cm.
poyed 7 thc discharge ~ January last of numhcr o.
fcsseis This. while reducing the aggregate exreLses
o Tue D1PlftGeA cannot serve 10 reduce tie asses.
men upon Dsnks CF general purposes tie expense of
registering notes being borne by the banks rcgpcctv
ioL w 1 tle work was done
. WI ne exception Of the registry the busiuoss Of
tlp has Increased rather than dinirifLcd
aIriS t.e year.
DESTRUCTION or BaEK-yOTE PLATES.
-, fes , Nehcsa Banking Law, sec. g. chap is9 laws
"a ie''. requires The Superintendent 20 destroy the
ateso closing banks and 20 report the same 10 the
~. .''g. me tnaoi1g act sec. 7, imposes the Ike
'A.0 70, National system.
10. ise alocnly exlerenced in goltiug rel able IN.
~ hternits tic status Of State banks supposed
% l9''.hg INTO The National sys.en reud red the
80; oi ms duty at any time previous 10 the cxpi
'".Vl NJ Y. tLe last lscal wear iupracticab,e.
~ ou.eilniehlent, however, entered upon the
,s, M iee 0, tais duty and during the week con.
'y'. 10, witnessed the destruction Of l9i bang
,h f@.r' belonging 10 10 banks a list of tie plates
os slyed VIII be found in table No H. Iho pro,-
Sc,I - uue work was interrupted by the Illness and
-, -.a'I lne superintendent since which event the
1850 ~ uuues Of the Department have prevented It's
Le ~ us early completion may now, however,
too, 't,.tcJuy anticipated. IL gves me pleasure 20
Le tssIOhy 70 The fidelity with which the duties Of
ny r,sn e.s y. AS ave been discharged.
a. ~aAi'AAl BANKING SYSTEM AND STATE BAvEs.
o.,,aI ppney OF the National Banking System has
Ps~oSr ge!ohd the limits OF legitimate discussion.
oin - z, a. u does, tho essential and vital pin
a, & ~ ~ ampy secured currency, which IN our STATE
PV' ~ 30 salutary, may reasonably hope that it
the IN The broader fed Of national operations
range beneheenl results that within more limited
ished sv., oeeh wrought out By our own Justly cher
nf SIN, Fo F proceeds to argue at length tie relations
feyo, ~ and National finances and takes ground in
10 nr,s S ieAeyal o. al Instructions which operate
- e'' ''aD.sAed local SYSTEM % banking Ibe
Ju.tice t III vi Iiir4cht systems would BE- hoatNfal.
,io a. ~ oaA1s Which rendered generous assistance to
10 ''sht ~ is peiiis dcmards fhai this should
CO. Aa- true policy Of Goyeramc.t Is 10 avoid
G~a, N1'fF Itt'iiouoAs upon indiviIua. action, 4
49, ' 'D. '-Reneii in tle cifcleof existing insttu
NET ''''"ss aleet rc rcyenues Of The Govern
"'' 'e'o That Congress has bestowed oowfr and per-