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in Cit. Richmond, Taursday, THE STATES the State Bank at Indian the The Branch of offensive course towards Com INDIAN adopted very Directors informed the commit apolis has Legislature its Board of that examinations neither by by the a tees mittee of of the Investigation Legislature policy, nor are by authorized the when resolutions the State of charter, by good took up the subject- declaring the language strong The House character were to be proposed, direct insult expression, to the people wanting their send of the was Directors then modified into One the member books, even propose papers Bank instanter but in respect it to the Door H keeper, of R and bring into the the House, for however, received effects, to inspection.- &c. of the This amendment, when the whole series their but one vote was next substituted morning by the appointed following to investi 26th resolutions, Whereas, the select State committee Bank, did on the communithe affairs of the the Branch Bank with gate last, address to be most consistent books of duty cation December enquiring how and it would convenience to have the Bank their sense examined the Board of Directors certain of resolution said to "And whereas, forwarded to said committee to said committee their an Bank, by in in reply, which, after books, granting they permission declared, that agent the only and legal that was mode examine of examining of examining the said the Bank interests by committee, of the official State contrary the mode whereas, to good policy said communical and Therefore be have it been Resolred by "And presented to this House, Bank, in volunteering an State, opinion and ly this House, that the and the interest of the this House, matters beyond it to communicating matters of policy the same to the its committee cognizance, of with which of the encroaches on has no this concern. Legislature has matters the right whatever to require connect- and sus said That Bank information affairs. That in all this House committee, approves and hereby to ed tains with the its course pursued proceed by without its unnecessary delay, the by instructs out them and complete to their unanimously investigations adopted but follow These What resolutions is the result were is not yet to the certained; Committee presume House- the Bank James has has succumbed submitted series to of give resolutions binding Omo-Mr the Senate, disclaiming o.ordinate any power Represental tives what in Con- they to instructions claiming to their "the right common to declare constituents believe grees, but to be the will of their the Specie Circular-against of manag They then protest in the against long established entire system exaction of the ing dues in gold "any the change public lands _against and silver- an and they deprecate the of public Sub Treasury system. have ppted, by vote proposed TENNESSEE The Senate against the Sub l'reasury it.-"The scheme, House 18 to 7, the resolutions their Senators concurrence oppose in the Senate's have and instructing receded from their Bank non and Internal improvement seven and author Bill, Governor increasing amendments the to number the to of appoint branches half to of the Directors in up works rising of the Internal Improvement. has been brought LOUISIANA The Various Bank question projects had Senate, been submitted- authoris in both 1st Houses. section of the of Bill a before board the of commissioners ing The the appointment was passed by a large revise majority the condition and the Banks of board currency These Commissioners are The to leading and currency main feature comof conduct the bill, of is the creation of to be appointed to by control the Ex- the of competent persons, it shall be carried posed whose special duty of the bill to be state. banks ecutive, and cause the this provisions committee and monthly liabilities of and published, affairs, ment into execution will be made By of the circulation 50 that every citizen and shape may his be the informed Banks, of the situation It of is their besides their first Monday duty to trans of Ja operations the General accordingly Assembly on statement the of banking their lia af containing of items nuary mit to of each year, precise a general and strict of for bilities fairs, and issues. know, and all in other order to aid them regulation in passing the Legislature wholesome to laws for their proper is that whereby if judicious important and provision of post the notes, bill, payable on the in Another the banks are permitted eighteen to hundred issue and Presidents forty, of or the sooner, banks can and first the of opinion March of majority be resumed of the before their that commer- time specie -The payments 2d section disqualifies and directors brokers, &c. and five all years who cial partners, stock citizens, jubbers and have not of resided the Board No are in the not State, U S from taken being on members it as late as the impossible 24th, and to what foresee may one question of the had New been Orleans be the action slips says, of the "it Legislature is on the New of the citizens Bank There question. have been meetings public among sentiment upon claim the esta. the Orleans, to ascertain National the Bank The Whigs Party were to held have public majority blishment in of the a City-but meeting the on Democratic the 24th to try conclusions with ASSACHUSETTS to R them. The issue is also, whom Banks was referred Banks The M Committee of of the the Commissioners H of prohibits of the the associated banks banks, the petition have reported dicidends bill, during which forfeiting the suspension to the of Com- spe cic from payments, paying any sum under for each penalty offence of equal to the amount mo! the uwealth dividend paid. entrusted with South an investi of The Committee, who of the were 'canklin Bank at Bos. 113 to in gation of unrav the affairs telling it said, even the perjury. most extraordinary It was char tered It appears, sue ton, are of abuses, 1823. with frauds, a capital and of that $100,000 in October increased 1836, Jo said to be so siah $150.000 Dunham in 1832 was electe he Presider was never He able unable to read to print write perfectly illiterate, difficulty that and was entirely In 1835, (gays the without any word great except of Worcester.) his own name. Mr. Drake of high faithful character and of skilful National accountant, Agis and gentleman was removed red from the of his cashier, he for intelligence and and Benjamin integrity, F. entered Hatherne on appointed the duties of had successor. fice was Hathorne, possessed when of but little others, property in the purchase He on been his office, concerned, for shares, himself with and the understanding, the place he ob his of the part, Franklin a! least, bank that he He should soon receive engaged India in specula Rubber tained tions, and in bought the the fancy of about stock of twenty the thousand large dolCompany to the payment amount for part, by obtaining in the bubbles on floated vast lars, loan from making the bank. Other the current engagements of public amount favor, follow. in the which His then notes of various and sums, as they to fell due, from funds time of ed. aggregate, were paid, given, taking moneys from was the president, of the to time, institution were While the correctness Mr. Richardson of repeatedly lathorne having made; some arisen, distrust examinations of sufficient the books to borrow were moneys the and ac to is but he having credit means, the actual inaccurate. deficiencies. Yet, system supply by such not discovered to be period, counts were by Hathorne, that during which this continued until de disclosed entries was commenced, July, 1837. He of false bank suspended its operations 1936, an in exhibition of the conclares the that in bank the summer was made, of for the Government purpose of which obtaining was return dition the deposits of the of the United made in States October 1836, liance to with the Secre- the re fulse. tary of The the Commonwealth, subscribed in compl and sworn by to some by quisition by of the Mr. Governor, Dunham, then was President, known by and him, at the himself, of the directors, he and admits was deliberately rendered of concealing incor rect time, in to its be material untrue, parts, for and the purpose deceiving the legisla blend the true Hisown condition private of institution, things, transactions that had they become could so not be ture. ed with those of the the cashier became the bank, drawers appropriate to take and bills, depositing own pleasure ing separated, its funds, and putting his there hand such into memorandum its checks, be with out such pledges, rapidly as suited followed his on. until creditor the Bank secured Other abuses insolvency The first for balance of came wrecked in of the United States. took the was the the Treasury Government deposites. The stockholders
