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Philadelphia. Corresponsence of the Herald.] PHILADELPHIA, March 1842 A full Resumption of Specie Payments-All non-specie paying Banks discredited and closed-Habeus Corpus es-Suicide All our banks to day entered upon a full and unconditional resumption of specie payments. Every demand of every character is met in coin-even the relief notes, of such of them as issued these bills, are redeemed in specie, the same as the banks' own promises to pay. We have now but nine banks, to wit :-Philadelphia, Commercial, North America, Farmers' and Mechanics', Southwark, Northern Liberties, Western, Kensington, and Germantown. All the others are in course of liqui. dation. The Moyamensing and the Manufacturers' and Me chanics' did not open this morning-making eight broken banks in our city out of seventeen, with an aggregate capital of $46,250,000 ! So we go. The resumption was agreed upon last night, and has been well sustained. Oa three or four of them there was something of a run. but they all met it without finching, and so confident are the people that they can stand it, or NO tired are they of suspension, that hundreds of thousands of dollars have already been carried in and deposited with them. It is well ascertained that in the aggregate more specie has been deposited with the banks than has been drawn from them. There has been great commotion throughout our city all day, and little or no business of any sort transacted. The people were so rejoiced got the sight of gold and silver, that they could think nor talk of nothing else. By to-morrow evening, the vacuum created by the withdrawal or dis. crediting of small irredeemable paper will be filled with specie, and on Monday, the banks will be found puisuing their avocations as of old. Success to every honest move they make. To-day the decision of the Judges of the Court of General Sessions was given in the case of the write of habeas corpus taken out by Nicholas Biddle, Joseph Cowperth aite, and John Andrews, which were originally heard by the Court of Common Sessions, Pleas, and sustaining remanded from the motion that Court of to the the Attorney General General to dismiss the write and bind the relators to answer at the present term of the General Sessions. The Court then ordered the parties to give bail each in the sum of$10,000 for their appearance from day o day. By the advice of their respective counsel, the defendants were committed into the custody of the Sheriff, when write of habeas corpus were sued out before the judges of the court with the view of having them discharged, and Monday, the 28th instant, fixed for hearing them. several coun in reference to the An sel argument and the Attorney took place General between the hearing of the cases separately or together, the Attorney General being anxious to have them heard jointly, and the counsel for the relators urging that they may be heard singly. The matter was left undetermined, the Court suggesting that the question might he left open until the time of hearing. Last evening, Sydney Freeman. blind manufacturer, in Second Street, below Dock, committed suicide by hanging himself. He was about 35 year of age, with a wife and two children, and appeared to be doing a good business. During the day he appeared to be much indisposed, and was left in room in the where his 8 about five o'clock afternoon, about o'clock he was discovered hanging by the bed post. The Coroner held an inquest up. n the body at 10 o'clock. Verdict accordingly. The family of the deceased is from East Jersey, or from New York. At the stock board there was but one sale to-day -10 sbares of Farmers' and Mechanics' Bank at 20, an advance of $1 on last sale. Exchange on New York prem. The paper of the banks which have slopped within the last two or three days is at a discount of about 25 per cent. The following is a statement of the condition of the Moyamensing Bank, March 2, 1842:STATEMENT OF MOYAMENBING Bank, MARCH 2, 1842.
