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# MONEY MATTERS. A Convention of the Banks in the interior of N. York was held at Auburn on the 25th ult. which was very numerously attended, and resulted in a determination to co-operate with the city of New York in an early resumption of specie payments, and to maintain the credit of the New York safety fund notes. Delegates from sixteen of the Banks of Ohio met in Convention at Columbus on the 1st inst., and adopted the following preamble and resolution: "Whereas, it is deemed important to the best interests of the community and of the banking institutions of this State, that there should be a general and full attendance in Convention of all the regular Banks of the State, and that such Convention should be held as early in the month of June as may be-therefore, "Resolved, That this meeting when it adjourns, will adjourn to meet again in the city of Columbus, on Wednesday, the 6th day of June next." The Albany Journal says:-"We are happy to hear that the Lower Canada Banks will resume specie payments simultaneously with those of our own State. The Bank of Burlington, Vt., will resume specie payment on the 9th inst. The Burlington Sentinel says, that the Newbury Bank will recover from its embarrassments sooner than it was anticipated. The fund supposed to have been lost in Boston is recovered. The Augusta (Me.) Age states, "that the Banks of that place now pay specie for their liabilities." The Newburyport Herald "states, that since the resumption of specie payments by the banks in that town their stock of specie has materially increased instead of diminished; the deposites of specie having been very considerably more than the amount which they have been called upon to pay out." By the terms of the Suspension Law, which expires on the 16th inst., the banks of Michigan must on that day resume specie payments, or incur a forfeiture of their charters. The Editor of the Buffalo Commercial Advertiser states, that "Judging by the tone of the leading Michigan papers, we should think an effort is about to be made to call a special meeting of the Legislature, in order to devise some mode of giving effectual support to the banks." The investigating committeee appointed by the Michigan House of Representatives at its late session, to examine into the affairs of the Michigan Bank, reported it entirely solvent, and able to resume specie payments. The Union Bank of Mississippi have elected Colonel Samuel Gwin Cashier; but it is not thought that the Bank can go into operation for six months. The N. York Herald of Monday states, that "The report of the committee appointed by the Bank Delegates for the City and County of Philadelphia, for the purpose of naming a day for the resumption of specie payments, may be expected in a few days. Nothing definite can be ascertained with regard to their probable course, but it is surmised the day will be an early one. The Eastern banks are, at different points, also making demonstrations of a return to specie payments, in accordance with the movements of the N. York and Boston banks, and this will be the case with all that part of the country whose interests are more affected by manufactures than crops." -"A member of the Delegation" contradicts in the N. Y. Journal of Commerce, the assertion of the Commercial Herald that the subject of a general resumption of
