True American. [volume] (New Orleans [La.]) 1835-18??, 1839-11-04
MEE1ING OF MERCHANTS IN N. YORK

MEETING OF MERCHANTS IN N. YORK.
A meeting of merchants and traders of New
ork WIS held ON "Wednesday nigh, at the CITY
t'icl, which was very nuIurrnus!r attended, al
which the following solutions were passed unan
/ i'nouS!y:
AT an az, l"urnCh meeting OF merchants, mcchan
les and manufacturers, at the City HOTEL ON the
23d Octut"r, 7. IL. ScIlcnck, Esq. was appointed
Chairman-J. Emory, Secretary.
Inc committee chosen at previous r,cctinr
made the following rcport
That, after such Inquiries and dcIibcration as the
Hunted time would allow, they have deemed it ex.
pcdlcnt to present the following views and rcsolu-
tions tor the consideration uillc meeting:
/ When the suspension of the Philadelphia Banks
was made known in city, the whole commune
ty willingly put 10 tn their clure les to Sustain the
wholesome position OF our institutions, with full
hope OF reciprocal good feeling III RETURN at as
, carly " period as the common safety would admit
The period having now arrived, it becomes the
duty OF all to tlXnp"n some course of action which
will provide in the most c;rclual manner tor their
general protection and benefit. They therefore re-
commend the following resolutions:
/ LIST. Resolved, That the tune is POW at hand
when the abundant crops of cotton, tobacco and
bread stus will cicctnallv relieve the prcscu, cln-
bai.asslncniS anj n r.-;-'"'',- :: i,,-.. 81,
for the 81 nlonis.
2d Resolved, That committee of ten be as-
pc ntcd by this meeting TO call upon the several
Banks, to urge the necessity of EXTENDING Ihri,
discounts; a d that Inc said committee ascertain
from the Banks, IN writing, and report to this
meeting i">m"rrow evening, such Banks as will,
and such Banks as will not comply with this re-
quest.
81. Resolved, That the Banks be requested to
receive in payment for debts, and pay out for notes
or bills discounted, the bills Of such tc,v Fund
Banks OF tins state as they may Designate and that
the committee ascertain and report tomorrow
evening, what Banks will aud what Banks will not
comply with this request.
9Th. Resolved, That the Presidents of tho sevc-
raj Banks be requested to ell Il special meeting of
'heir directors Tomorrow morning, for the yur-
pose OF taking some immediate action upon tho
requests made in the foregoing Resolutions,
9Th. Resolved, That unless some c1.c,ual mcos
sures OF rcic' shall be Immediately adopted, we see
nothing that can avert the prosration of the me.
chanlca, manufacturing and comm ercial classes in
tins city
9TH Resolved, That Il committee of three be !
appointed ty HE CHAR, 10 retire and report the !
names OF gentlemen to compose the committee of
ten under the second resolution, whcrcupon,
John NJ. lcav,tt, Archibald Oracle and Robert
jeffrey, Esqs, were appointed said Committee, who
reported the names OF the following:
Thomas Denny, Gabriel 2. Dissosway,
L. Ii. Setback, ID. A. Cushman
J. Amory, A. G., Stout
Joseph Tucker, O. Thompson,
Charles Wurdwcll, Robert Jeffrey.
'th' Resolved, This this meeting adjourn to
meet at the CITY HOTEL the evening of the 9th
instant, at O'Clock, to hear the Report of their
Committee; and that the proceedings Of this meg
Ling he published in the daily papers, signed bv the
Chairman aud Secretary
PETER IL. SCHENCk, Chairman.
}. ANGRY, Secretary,