Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1838-08-01
siden,, and Ehhu Chauneey, Of Phila.

sident, and Eithu ChatHcey, OF Pnila'
delphia. Secretary.
The following communication from
The committee If Banks in the city and
county Of Philadelphia, was read.
1.-The undersigned, COMMITTEES au-
thorized by the associated banks ofthe
city and county of Philadelphia, to IN.
wife the Banks Of Boston, Providence,
Baltimore and Richmond, and such o.
Tiers as the time admits Of, to meet The
Banks Of Philadelphia, in convention
in this city. on Monday the Dad oil Ju-
ly instant, TO consult upon the measures
to be adopted for an early and slmulta-
neous resumption ofspecie payments.
Report, That in compliance with
the foregoing instructions, copy oithe
resolutions, and an invitation TO meet
this convention were Immediately trans
mi,ted to the cities enumerated above,
to all the banks Of Pennsylvania, to
Connecticut. to Delaware, TO Charles
ton, and to several Of the Western
States, from whom communications had
been received on a former occasIon.-
Answers having been received from
Boston, Providence, Norwich, Balii-
more, Winchester, Richmond, Lexlng
ton, Ky, Pittsburgh, and other parts
Of Pennsylvania, are hereto annexed.
From this correspondence 1t will be
seen, that all the Banks consulted,
have concurred in the opinion that
their respective institutions whether ac-
lively represented in this convention or
not, will cordially cooperate with the
banks Of Philadelphia, and assent to
such period as shall be selected by the
convention for the resumption ofspecle
payments.
(Signed) THoMAs DUNLAP.
WIN. d. LEWIS,
II. +. HoLLINGsHEAD,
CHARLES S. BOXER,
ELIHU CuUNCEY,
Committee.
The communications from Banks in
Massa chusetts, r. Island, Connecticut,
Virginia, and Kentucky, referred to
in the above report, were read; and the
convention decided that the letters from
the Banks of those states to the chair
man of the above committee, are suffi-
cient to authorize him to vote in their
behalf on the questions which shall
come be fore this convention.
On motion made and seconded, it
was decided that the vote on all ques-
lions in this convention shall be taken
by states, each state having one vote.
The following resolution was offered
by Joseph Bailey, ESQ.,, President of
the Bank Of Delaware, and seconded
by Mr.. Chauncey of Philadelphia.
Resoired, That the Banks represen.
ted in this convention, will resume spc-
Gle payments on the 18th day Of Au.
gust next, and recommend that day
for the resumption by The Banks gen.
orally.
This resolution bring under cosider-
alton Mr.. Evans of Baltimore moved
that the word thirteenth" be stricken
out, and the word "nln,h" inserted in
its plnce. The motion being seconded
by J. Smith Esq. President of the State
Bank of Missouri, the vote was taken
on striking out, and decided in the neg
alive. Those voting for the motion
were Maryland and Missouri, ?; and
those voting against it were Pennsylva-
niaia, Delaware, Virginia, Massachu.
sets, Connecticut, Rhode Island, and
Kentucky, 7.
The question being then taken on
the resolution, as offered by Mr.. Bal
ley, 1t was unanimously adopted.
On motion i, was ordered, that the
proceedings Of this convention be pub
lished and communicated to the banks
generally throughout the United States.
JOHN B. NORRIS,
ELIHU CHAUNCEY, President.
Chairman.