THE UNITED STATES BANK.
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1t seems, from the following extract from
the Journal of Commerce, that this Institu-
ton is about to assume the appearance of
resuming specie payments, when in fact it
is but extending the circulation of irredeem-
ible paper in fraudulent shape. Largely
must Mr.. Biddle calculate upon the creduli-
ty, or stupidity, or servile devotion of his
friends, or he would not dare to propose a
scheme so deceptive and illegal; transcend
Ing, if possible, all we have heretofore seen
tron the same quarter, of open defiance of
law, md an unblushing contempt for the
opinions of the people; holding their love of
mora. honesty in mockery, their intelligence
III deriion, and their patriotism in scorn.


Specie Payn,ents.-It is currently re-
ported among the brokers in Wall street, that
the United States Bank of Pennsylvania is
4 ABOUT to resume specie payments on the
notes issued under the present charter Of
these there are very few out. In $4,000
Which were in possession of one of our
friends within day or two, all but S rs were
the notes of the National Bank. The old
notes have recently been issued in verv large
4 amounts at the South and West, and no
doubt sufficient funds have been raised to
enable the Bank to meet the small amount of
new bills now out. The arrangement, how
ever strikes us as one which, if it should be
consummated, will call forth remarks touch
ing the head and heart Of the gentleman
engaged in it.''


4 The following comments on the foregoing,
are taken from the Washington Globe of the
18th inst We solicit for them a careful pc
rusal:-


The facts here announced were stated in
this print, on the authority of a gentleman of
Philadelphia, having the best opportunities
for information, and entirely to be confided
IN. We have it now from the Journal of
Commerce, deriving it Immediately through
VII. blddle's brethren, the brokers of Wall
Sueet: There can, therefore, be no doubt of
Mr.. blddle's intentions, whatever may be
MS performance. II IS very clear that he
fraud" N'iN'


"First, we are told "hut the old notes
L (of the Narional Bank) have been recert1,, s,tIv
isseted IN large amounts to the South and
Vest, and no doubt sufficient. funds hare
been raised to enable the Bank to meet the
small amount of ,seeo bills now out" From
This, it appears that Mr.. Biddle has been sell
ing alta discount the notes for which the u
otates, as stockholder in the old bank, is
Oound, to raise specie to pay the notes of the
Iew bank. The charter of the old bank
Jdavlng expired, every note that has been re-
pc:eneo ought to have been cancelled. Mr.
taule Sros violates the old charter, and commits


naud on the General Government, by con-
bound ~ .he unredeemed a1' notes (for whichit is


mrlS medium. In the next nlace Mr. R;d,


rIc p commits fraud against the State of


Sonsylvania, in substituting the old notes


currency, and throwing them out as a