From the .Mashuitle (Tena.) Heruld.
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 Are Banks necessary to the country?-- ifso, and we believe the necessity is not much questioned, is 1t not better for the community that we should have bank whose notes are equal to specie, and are current at par in every part of the Union, than that our circulating medium should consist of bank notes which will not pass beyond the limits of the State in which they are issued, unless at discounts-- Have the people forgotten the state ofthe currency previously to the establishment of branches of the United States Bank in the West? Or, bearing in mind, do they wish to see the Bank destroyed, and that glorious state of things return, when dol lar bank note was worth only si1ty-sir cents! Should the Bank of the U. States not be re-chartered, it does not require the spirit of prophecy to foretell, that again will the West be inundated by a flood ofnotes issued by banks without cap ita!. It Is idle to talk Of gold and silver constituting the circulating medium.