The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-11-02


chases' at par, but, not being bankabIe, can
only be sold at from to J per cent dis.
count.-Foy. Obs.
Proposed nep Banks.-We notice in
the last Greensborough Patriot two notices
oil intended applications to the next LeglsIa.
ture Tor Charters Of new Banks-one for
Bank to be located at Fayetteville with
Branch at Greensborough, and the other for
an Independent Bank TO be- located 10 G reens
borough. We have heretofore noticed the
proposition from Wilmington 10 ask Bank.
ing privileges for the Wilmington and Ra.
leigh Rail Road Company.-ib.
The Southern Commercial Conyention
assembled, according to appointment Of the
Convention held last Spring, on the 18th
inst. at Augusta, Geo. There we're I6I
Delegates present, of whom
SIS were from South Carolina,
81 from Georgia,
; from Alabama,
A from Mississippi,
8 from Tennessee, and
| from Florida,
Col. James Gadsden, of Florida, was
unanimously chosen President, and n. " j.
Cooke, OF Augusta, Secretary.
A Committee Of II, with Judge Long
street as Chairman, was appointed to report
on The obJrcts Of the Convention. This
Committee on "Wednesday, made a long
report, which has not yet been published,
accompanied by resolutions, lst. PIedglng
the members Of the CONVENTION to use their
best exerilons 10 their respective States, TO
form trading Associations, 10 order to car.
~ out the views Of The Convention. I'd
Recommending Rail Roads aud Canals, be.
tween the Western and Southern Atlantic
States, as tending 10 restore the direct trade
OF the latter. 81. Recommending harmo.
ny 0. action between the various Compa,
nles for improvement. 4;h. Invoking the
AID OF The Banks to those great works SIN.
Asking Of the Legislatures of such States
as may have deficiency of Banking CAPT
tai, to provide for It's increase in such man.
ner as may most conduce to the restora.
ton Of Southern commerce. 9th. That the
Southern Banks b. solicited TO form Cou
nercIal connections with Banks or capital
isis 10 Europe, for the purpose Of furnishing
faculties 70 the direct trade.
The report aud resolutions we're adopted,
after considerable debate, IN which the
Hon. Isaac f. Holmes Of Charleston, Judge
Lnngstree', Col. Noble, Judge King, Judge
Bcrrlen, and others participated.
A resolution was likewise adopted, re
specially recommending to the legislatures
OF the Southern States, 10 aid leading works
at internal improvement, by the application
OF the credit or resources OF the State 10
canluncllon with individual capital.
Another Convention was appointed TO be
held IN Charleston, on the Sd Monday of
April, 1880
And then the Convention adjourned, on
"Wednesday afternoon. The Delegates,
however, we're mol permitted to dispense
until they had partsken Of splendid dlnper
al the Masonic Hall.
Among the regular toasts OF this dinner,
was the following highly complimentary to
North Carolina -
North Carolina - Modest and unassuming, but
pure as bet own geld"-ib.
Resigndtion.-The New Orleans True
AnerIcan OF .he 9Th instant announces the
resignation of the Hon S. S. Prentlss, the
distinguished Representative TO Congress
from Mississippi The claims of private
business are mentioned as the plea for re.
turing from public life. The Mobile Ad.
verilser thinks that Mr. Prentlss has not
resigned bis present seat, but only declined
a reelection.
Mr. Prentiss has only decllaed being candidate
fer reelection.