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# Suspension in New-York. Public Meeting at the Merchant's Exchange. The following call was this morning circulated: Public Meeting. A public meeting of Merchants and Traders, and others, is requested at the Merchant's Exchange THIS DAY, at 12 1-2 o'clock, to consider and adopt such measures as may be deemed necessary and expedient under the suspension of specie payments by the banks. D. Leavitt, John A. Stevens, Saul Alley, Richard M. Blatchford, Nevins, Townsend & Co., Jno. P. Stagg, Jua. G. King, G. C. Verplanck, C. H. Russell, Benj. Birdsall, Joseph Depew, Day. Newall & Day, Nath. Prime, C. W. Lawrence, W. W. Woolsey, Edward Curtis, Thos. Lord, Samuel Ward, W. B. Lawrence Howland & Aspinwall, Andrew Lockwood, Philetus H. Woodruff, Cornelius Mc-Lean. New-York. May 10, 1837. In consequence thereof an overflowing meeting assembled at the hour named, when on motion the following officers were appointed: President- James Boorman. Vice Presidents-Nathaniel Prime, Gideon Lee, David Leavitt, P. G. Stuyvesant, G. C. Verplanck, Wm. B. Astor, Thaddeus Phelps, Robert Lenox, Stephen Whitney, C. H. Russell, Benj. Birdeall, Joseph Depew, Andrew Lockwood, Philetus H. Woodruff, Samuel Ward, Secretaries-John A. Stevens, Richard M. Blatchford, Wm. H. Aspinwall. Jas. G. King then presented himself to the meeting, and read the call, which he enforced by a brief and pertinet address. In the course of his remarks he inculcated the necessity of mutual aid and forbearance.and that all should put their shoulder to the wheel without looking now to the causes of our calamities—though a time to examine and to proclaim these causes would surely come. He said it was with deep humiliation, as a merchant, that he witnessed this hour—and it was only in the belief that the suspension of specie payments by the banks would be temporary, and in the conviction that in order to hasten the period of their resumption, the co-operation of all was now required to sustain the credit of the bills of the banke, that he had consented to present himself to the meeting. Mr K. then moved the following resolutions, which were seconded by Nathaniel Prime: Whereas, at a meeting last evening of all the Banks in this city except three, it was Resolved, That under existing circumstances, it is expedient and necessary to suspend payments in specie. In the mean time, the notes of all the banks will be received at the different banks, as usual, in payment of debts, and in deposite; and, as the indebtedness of the community to the banks exceeds three times the amount of their liabilities to the public, it is hoped and expected that the notes of the different banks will pass current, as usual, and that the state of the times will soon be such as to render the resumption of specie payments practicable, Resolved, That relying upon the above statement, we have full confidence in the ultimate ability of the banks of this city to redeem of their bills and notes, and that we will ourselves continue to receive, and we recommend to all our fellow citizens to receive them as heretofore, Resolved, That in an emergency like this, it is alike the dictate of patriotism and self interest to abstain from all measures tending to aggravate existing evils; and by mutual forbearance, and mutual aid, to mitigate, so far as practicable, the present difficulties, and thus most essentially to assist in the restoration of specie payments. The resolutions were put singly, and unanimously adopted, and the meeting adjourned. There is to be a meeting of the chambers of commerce at 2 o'clock, having the same general objects in view. We cannot doubt that these proceedings, so unanimous and so full of confidence, will tranquilize the public mind, and serve to obviate embarrassment.