ARRIVAL OF THE PANAMA MAIL.
The Tararna arrived this afternoon, with the English mail via Panama. We have the Home Nows of the 2nd June, which has the following gratifying intelligence respectingthe commercial panic of the 10th May; — The stability of the banks, was proof against all demands, and the prompt action of the Government in the immediate suspension of the Bank Charter Act afforded at once all the relief that was necessary to the restoration of comparative confidence. There were no more traces ofthe panic in the City the next day than the ruffle left on the surface, such as we see on the river after some leviathan steamer has ploughed its passage through the Avater. Of ceurse, it was not to be expected that so sudden a disturbance of business, uprooting many old alliances, and precipitating many sudden changes, should be unattended by some inconveniences, and even actual calamities ; but upon the whole the crisis is passing* away, if it may not be said to have actually passed away, with less commercial disaster, and fewer instances of individual suffering, than any similar financial panic upon record.
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Nelson Evening Mail, Volume I, Issue 121, 25 July 1866, Page 3
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188ARRIVAL OF THE PANAMA MAIL. Nelson Evening Mail, Volume I, Issue 121, 25 July 1866, Page 3
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