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 We do not hesitate to express our belief, that the general course of policy pursued by the present d rectors, has been marked by caution, prudence and imartiallty, aud is calculated to promote the true interests of the instntion. Fhe Jssues t is true, have been limited, but mol more so, IS we con ceive, than existing circumstances would seem 10 qure.

 Although the present condition of the bank is moi available one, yet iAere ms been manifest improve uenl in ber aituaton during the last year; and should she be relieved from te burrlens imposed upon her by legislature acts, and the directory confined leg lln;e caing im hills of exchange, ihai will be punctmtliy met at maturity, we hazard but iitile in assertins that she will be able to resume and main tain specie payments after ie ith of July next. In conclusion, we iliior ourselves that we have presented a true and unyarnished st9jement of the condition of the hank. It iS with your hoporsl,le b.,dy 10 adopt such measures your wisdom may sns sest to promoIr the best interests of the banks and to maintain iuliotNe ihe bonor and credit of the Siale.

 AN of which is respectfully submitted.

 VIM. C. PARISH,