Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1834-03-13
NE w PO II,
Thursday Morning, March 18Th, 1884.
TOWN MEETING.

TOWN MEETING.
AT very large and spirited meeting
of the reemcn. Of this town, on Tuesday
morning last, at 10 o'clock, called by
beat of drum, for the purpose of consider
ing the embarrassed state Of the financial
concerns of the Country,-Geo. Engs,
Esq. was chosen Moderator. ...
Mr.. Engs remarked that he was un-'
acquainted with the duties of modera-
tor, but as it was meeting of men of
business and merchants, as well as the
freemen of the town generally, he would
consent to serve, and do the best he
could. He then read the warrant, and
the names prefxed to the same.
Mr.. Engs then said-"The warrant
thus fairly opens the object Of our meet
ing, what course will you take, gentle
men?"
Gov. Gibbs then offered a memorial
for the adoption of the meeting.
Maj. Bull inquired whether the meet
ing was legally called, and read the
Law from the Statute as regards its right
to do such business as was before it.
He eontended that the freemen, gene
rally did not understand theiobject ol the
meeting 1t is altogether unreasonable
to suppose, he said, that every freeman
understands the object Of this meeting
Mr.. Hazard asked if the meeting had
been called in the usual way.
The Town Clerk replied that it had
been.
The Moderator then pronounced the
meeting to be legal one, and decided
that they were fully authorised to pro-
ceed in the business for which it was
convened. .,. ..... .... .. ...
The reading Of the memorial was then
called for, and the Moderator then read
it accordingly, as follows: .
THE MEMORIAL.
TO The Honorable The Senate and Hous,
Of Representatives., IN Congress assem-
Lled:
The memorial Of the freemen of the
town Of Newport, respectfully represent
That the present state Of embarrass
ment and distress, arising out of thu
great change which has recently takeI
place in the money market, and in thu
business transactions Of the country, ant
the apprehension Of still greater embar
rassment and distress, induce your me
morialists to apply to your Honorable
bodies FOR that relief from these existin.
evils, and that protection from impend
ing dangers, which they sincerely be.
lieve it is in your power to give:
That the evils above alluded to, nov
exist, pervading in their consequence,
every branch of industry, and affecting
by the common sympathy that exists be
tween them, all classes of the communi
ty, cannot be doubted and in the opin
ion Of your memoralists, they are to be
ascribed principally, to the change ir
the relations between the Government
and the Bank of the United States, anS
to the deranged state of the currenc,
and the destruction of confidence, which
the removal Of the Public Deposiies from
the Bank has caused.
Your memoralists believe, that SCUM,
and stable National Currency is essen
tial to the public prosperity, and to carr,
on the exchanges and commercial trans
actions of the coustry, both inland an,
foreign-that to secure such n currenc,
the agency Of National Bank is indis
pensable, and that the safety of property
the prote ction Of industry, and the secu
rlty of the currency, absolutely rcquir,
the continuance Of such Bank.
Your memorialists also believe, tha
TO the influence Of the Bank Of the Uni
ted States, are 10 be attributed the ad