Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-11-04

consideration al letln4 ari interest viii Influence
hnd determine the different banks 10 give al the
iif IA 'h'H power. consistent With their obligations
AMI determination to msluliu specie payments.
Respectfully, yuui obcdient scrvaus.
G. W. LAwRrNcr,
WM NJ. NrRMt1rr.
A. meeting 1.-The officer, OF the city banks
held an the esrun- of tie 25th oil October Cotne.
Inns w. Lawrence rallied To the char, aud ".
hernrlye, app sfnied secretary.
The chairman stated thit the meeting had heen
called at the request oi committee appointed al
meeting of meIelnuis manufacturers aud mechanics
held At the Guy ilolcl on tie evening OF the 24lh
instant:
Whertupon, the following resolutions offered by
Mr.. Edmouds wete adapted the inst unanimously
aud Tie second w,lh two dissenting votes.
Resolved That the bauks 81 tie cit, oi New No,k
must aud viii mountain specie payments aud that IT
Is with uni. gned Satisfaction they have noticed the
cheering aud sustt,u'g voice oil their fellow snlzcns
IN reference Ia tbs measure.
Krsol,ed lhal Tire ntrcssii, Of fnfIhcr dminuli.n
Il ihcr loans and discounts does not now rxtst but
that II would be nhNtsr and impiu Gent to pledge
ttemselvs 10 any particular course whlcnnighl be
rendered intleby events over which they may have
contIol. And that, ~ the upiniun OF this
meeting, The views Of Tie several boards Of
our Guy banks. expressed In their recent
replies 10 The oomultce OF merchants, mechan-
les and manufacturers, givs the fullest asst
rance to the pubic that eye,y assistance will be NJ
'n'.e! BAT Is compatible wh The paramount duly
OF maintaining sound currency.
Ga motion ri Nh. Adams, II VAS
Rcsoted, That the chairman aud secretary of
this meeting ; gn the proceedings aid transmit a
copy OF the 10 The committee.
I. W. LAWRENCE, Chairman.
WM. NJ. lIEMlLFE. Secretary,
Ne are therefore nov happy 10 say we are inform
ed HAT the banks lave acted already IN conformity
with the spirit oil their letters III extending Their dl.-
counts and therefore offer The following resolutions,
which We trust will Get your APPRECIATION
Resolved, that having confluence IN the ability ul
the banks To sustain both themselves and the public
by extending uelr discounts we earnestly recon-
mend spirit Of mutual iurbcarance and acec mmo.
dftion among the banks, aud among all classes Of
dealcts, during the present temporary difficulty.
Resolved, HAT III the opinion OF this meeting II is
the duty # all honorable men 10 suaain banking
institutions, IN then present deiefnIinau II 10 sun
pom the honor ol the county by anaiuing specie
paymrnls.
The following an endmcul To the second resolu-
lion was Offered h, Joseph Goddard. Esq:
Thar, IN the oplnon OF tins meeting, 1t Is perfectly
consistent with the avowed object Of the banks, By
concert of dcttoas essentially 10 enlarge their DIS,
counts.
The resolutions as amended were unanimously
adopted
The following resolutions offered by Lewis Tap
pan. Esq weio UNANIMOUSLY adop1ed:
Resolved That wi lie cordially approve the
ments, We confidently rely upon ,hcr disposition
and intention To increase lheit discounts, aud other
wise 10 alIof1 the must tlcctual aid In their pow
10 the commercial community NJ this distressing
crisis.
keso'vc1, That rs The interests II the merchants,
manufacturers aud mccliauit 5, and the banks, are
identical, reciprocal confidence and assistance are
absolutely necessary 10 preserve moucd nstitu-
tons from disaster, and The trading community ON
sill greater Distress II net iuin.
Resolved hat we dCprccatt all hostile feelings
toward amy slsttr ruy or between any banking inst-
tuious ~ our city, aud that we look forward with
sansumc hope ihat tic government. tie people aud
the mnue|cd institutions Of this county viii cordially
unnc IN placing the currency and financial affairs OF
the county IA soni d AID permanent conduon.
Resolved, 1hatmc recommend 10 every merchant,
mdnuihe tuner aud mechanic IN The city tiford To
each other The mnsi liberal assistance and generous
confidence, and thal / c The deterS ited resolution
OF every one prescnt-s so long II be practicable
sustain his credit and meet hls engas omcns-noi 10
gre up The ship.
The following was unanimously adopted:
Resolved, That the thanks Of tbs meeting are
due 10 the conmiurc for the faithful manner
which lhey have performed Their dnfs.
The meeting then Adjourned
SILAS BROWN, Chrman,
NM. l.. MlLLfE, Secretary.