The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1837-06-02


For the purpose Of enlargng the security of the
creditors Of the Bank, nc dividends of profit will
be made during the suspension of payments in
coin. A foil statement or the condition of the
Bank, showing lis means and liabilities, will be
made and published for your information, as early
as returns from the branches and agencies are re.
ceived, comparison OF which, with the statement
OF the last half year. will, they confidently believe,
prove that they have not been unfaithiul TO the
high trust committed to them.
They pledge themselves to be in readiness 10
resume the payment of their liabilities, in specie,
simultaneously with The banking institutions Of
the adjoining states.
| BY order of the Board
Dun. CAMERON, Prest.
May 10, 1897.
" Great Excitement at the North, DC.
The Secretary of the Treasury and the Post
Master General have issued peremptory orders
10 its Collectors and Postmasters, not 10 receive
any thing but specie or the notes of specie paying
backs, in payment Of customs postages, &c. All
the Banks having suspended specie payment and
ii being an impossibiiy to obtain specie from 9th
or sources without paying very high premium,
the Collector of New York knowing it's impracti.
cability, went TO Washington to get tie order in
the Secretary considering himself restricted by
existing laws from varying tie order. In Boston
there appears 10 be disposition TO resist these inca
sures. The Atlas says "our sober city seemed
TO be on the point of revolution. The excite
ment produced by the measures adopted by the
Government in regard to the Custom-housc and
Post Office. was tremendous and fearful. One
spirit Of resistance and seemed to pervade the
city, and nothing was spoken of but opposition to
the tyranncal edicts Of the Cabinet The imme-
date topic of excitement was the order Of the
Postmaster General directing the Postmaster of
The city 10 receive postagc7 in specie only" A
meeting was held on the 10Th at Faneui Hall, at
which committee was appointed 10 consider the
propriety of complying with the Post Office Spe-
Gle Circular, which were 10 report on the next day.
0n the l7th, an immense meeting assembled 10
bear the report OF the committee. The following
Is short account OF the proceedings
The meeting was one Of intense excitement
The Report was made by Zebedee Cook, Jr., and
alter recIllng the circumstances under which the
Post Office CucuIar was issued according 10 the
Boston Atlas Of The 18th, from which il is copied.
concluded with series Of resolutions, declaring
that the Post Office Clrcular would be oppressive,
exactng, and mpriclcable; thai il would be re.
sisted Peaccably,' Il it were possible, iorcby,'
4 II were necessary--at any rate that it should
be sr ALL HAZARDS RESTED
These resolutions were interrupted with long
and loud accIamatous OF applause. The assem-
bed cl,zens were ready for their immediate adop.
ton.
Mr. Geo Bond and Mr.. Abbot Lawrence, al.
though asserting 10 the deductions OF the Report,
aud sharing in the indignation oil the meeting,
urged delay, before resolutions 50 decisive were
adopted.
Mr. Abbot Lawrence is reported 10 have spoken
to this effect:
He would not hesitate TO speak shIs sentiments
of the Administration. THERE IS NO rEofLE On
THE FACE on Cons EARTH THAT IS 50 ABUSED. CHEAT.
20, rLuNDERED, AND TRAMfLED iron BIZ THEIR RU.
LERs As ARE rnE PEorLE OF TIE UNITED STATES.
'ihis was his sincere aud deliberate conviction.
lie would not say that he did not approve all the
sentiments of the resolutions. But the time had
no, vet come for their adoption. 1t might COME
II might come the next week and cItzens might !
thea come together, prepared to adopt the resou /
tons that had been read, and adopt the measures
f. sustain them. When the fearful CT- /
sis should arrve-whCn the Issue should eventu- |
ally be made up between an oppressed People and
an depressing Goycrnmenl--he should not be al /
u loss tor tho course that It would be proper for
him To pursue. Meanwhile, let us proceed with |
great caullop, prudence, aud foresight, The Go |
ycrnment IN the wrong. THEY EXACT IMros- 7.
and let us keep them IN The wrong, 4
anu commit ourselves by no overt act, ill we tiud
that the laws OF sell. preservation compel US 10
torclblo resistance. We are ailoat upon a tempes.
tuous ocuan-with no rudder--no compass-uo
pilot aud the time may come when the CREW WILL
BE COMPELLED TO TAKE POSSESSION OF THE SNIP"
After an attempt by Mr.. Adams aud Mr.. Jose
Ign friends of the ADMINISTRATOR to justify their
measures, the following resolutions were offered
by Mr., Abbot Lawrence, and adopted:
"ReSolusd, That this meeting recommend to
the POSTMASTER Of this city the postponoment OF
the execution of the order from the General Post
Office, requiring individuals 10 pay specie for let
tiers on the delivery OF the same until lie eau hear
from the Department
"RcsoIced, That the consideration Of the Re.
port aud Resolutions submitted this morning be
postponed until Saturday, he27th inst, at O'Clock
IN the afternoon and that IN the mean time, they
be committed to u committee OF twenty-tour, con-
slsilng Of the committee who reported them, and
fifteen other gentlemen.
The following gentlemen were then added to the /.
committee already appointed; William Prescott, .
Charles Jackson, Samuel Hubbard, VIM. Sullivan, I
Geo. Bond, Geo. Darracott Geo Haett, Patrick
I. Jackson, Charles 7. Curtis, Abbot Lawrence,
James Read, aud Simon Wilkinson.
The meeting was then adjourned to meet at the
same place on Saturday, the 2hh INST a, O'Clock
in the afternoon. The report of the committee
will then be submitted.
0rTMost Of the Banks of South Carroll !
ma, If not ALL have suspended specie payment
e. IpnF