Portland gazette and Maine advertiser., 1806-04-14

, w l. oblerve IN he Ian Gazette, that lie
Directors Of Maine Bank have rade -
mother attack upon t., aud hath called "a The
public % Judge whether they have not mif-
placed their cOnhdence--to witch We llall
nor make any farther rePlythan 70 give a ftatc-
Tneut OF our proceedings Is relpeas faalt
| bills; fof h>ssever we may think y G may have
been injured by their publication, We had ra-
ther iuhcr them to countcnanCe contention.
/ In The tore part of 1904 We and our neigh-
b"urs found u very tifIicu,t 70 pay OH our
iAbourlng men, 40 thsy molly wanted their
pay AZ night, after their days work va. done.
there beng bnt very htfIe change in circula-
ton, and nu bank bills Of this Stateunder five
dollars (Nantucket excepted Ia order to
make II more convenient, we sppiieS to tie
Directors OF Portland Bank TO dev;fe fome
meaihre for the Prefdent or one Of the Direc-
torsto give dollar checks, which on delber5.
llon they thought not advifable after w h;ch.
with the advice Of fome merchants IN this
town, we ihued few lmali printed bills, not
expelGng them to circulate mach, II any, ost
q town ; 5ui fOOn finding they we're Ike 10
ipread much further than We II lrlt exDccted
We thOEght Il very neceiIary 0 guard aqainp
their bsing counGerfeited, therefore procured
Perkins plate-aOmetne after. the Legislature
Paited an act thar fucA notes fhoud De liable
70 line # prolecuted. In conlequence Of
than act, for iereral weeks did NJ iurfer on.
@ pais from Us, bur pubiiihed not only IN the
Portland but other Public papers, that we
were ready 10 redeem our bills whenever the
public plcl(ed 70 bring them in; but after
sndns they continued 70 circulate Is freely
As ever, aIwel as the lnlall bills ofother ftates.
which was and itti is contrary 10 law and as
iuhjett 10 a fine as our bills, and the fhop-
keepers and Others ioicited US 70 lei them cur
again, which we aid and continued 10 receive
and pay out As mott accommodated the COM
munlty, until GOme time in the ninth month.
800, when we were informed the Board Of
Directors Of Maine Bank had rcfolvsd 10 ufe
their influence to iupprels the circulation Of
them In cOnfeQuence Of which, we had a
conference with their Committee hv them
we uudsrltood II was the opinion of the Direc-
tors Of both Banks that they ought not TO pats
aUy longer, rs both Banks at that tirle were
about flung what inlall bills the law would
allow :heR to emit 2Hd that our BILLS ther
II circulation would have tendency 10 iniure
| the circulation of their own that what thev
were allowed by law 10 make would be fulfil
! cIeat for the accommodation of trade after
tbat we we're called upon by one of their COM
mIttee TO h3n paper containing one Of their
/ relolyes, which we remonhrared againfl fign-
ing, unlels the words 10 NJ MI dps mans in fJfiy
fo7Uer 10 Pr-VsHt Btr G,cElztila were truck out
but after converting with them again we fully
! underftood that nothing more was ex1eGted
7 nor could be cOnGdeFtd as dae from Us, than
thatifour III Is did not come inas fat as The Beard
| though necciIarv, they were 10 inform Us, in
| order thar We Rlght make another publication
| requenng them To br srought in; "a which
we made no objection, We felt confident
\ that our bills would not iniurc the circulation
! Of theirs; and that they would ioon he con-
I WINGED Of il. Under thOlc imp: eiIicns We
Ggned their -efoIve; atter which we endeav-
onred 10 attend 70 their requet, and did not
/ pals any Of them, athough often lolcted for
: them, until tyS could not get any fmalI bills
/ at the Banks, As we have heretofore fated -
I neither Lad We any idea Of injurIng either Of
| the Banks bu. thought our bill. were great
accommodation both 10 them and the public
bsforc the Banks had liberty to i1iue imall bills,
we b id but lnalI portion OF our, out, and
are ready to redeem them whenever prefented.
John Taber s. Son.
Portland, 4t5 lkts IA, 1906.