Richmond Enquirer

Winding Up The U. States Bank The appointment of an agent by the Secretary of the Treasury, under the direction of the President, is the first step government has taken in the important measure of a final liquidation of the national debt, and of closing the affairs of the United States Bank. Amos Kendall Esq., who is appointed to that important trust, will leave Washington to-day for Baltimore, and remain there probably a few days to collect the information from the State Banks necessary for the future action of the government. He will probably reach this city about the middle of the week and proceed afterwards to New York and Boston for the like purposes.

The question of removing the deposits is now merged in the infinitely more important measure of liquidating the national debt, and winding up, as speedily as possible, the United States Bank, an institution created to afford aid in that great purpose.

It will be necessary, in order to guard the public from the effects of a sudden change in paper circulation, to provide for a gradual and safe change. The government cannot act upon any other theory, than that the charter will cease according to its legal limitation; meanwhile, revenue will be accruing, and it will become a duty to provide other and effective means, so that the republic may suffer no detriment. The deposits now in bank may, or may not, be drawn forthwith. It is probable that the course may be to draw them out by drafts for the public service, as the current occasions demand, and thus serve the public without affecting the stockholders. Meanwhile, for the accruing revenue, it will be necessary to provide and substitute means for its reception, security and use. For this purpose, a qualified agent is employed to obtain such information as may enable the administration to fulfil its duties. Let the state banks now prepare their best offers.—N. Y.