New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-07-12

To The Dfcmbcrs If The Public Stock Exchange:
GiENrLENgS IN conformity with the determination eN.
pressed at the organization Associations that should
renguish the Presidential duties when should be per-
mauenty established, now, therefore, tender my resigna
tion the hope that you have been satisfied Sat
have uniformly responded your confidence viii, disn-
terested regard for responsibility: and permit
me avail myself Of this opportunity remark, that IT, in
the exercise oi discretionary authority on the introduction
of All important public improvement, have unhapplly
wounded private seIsbilitics, trust the step
take viii convince you that Influenced by the natural
impulses Of an important official responsibility and not by
the love of power.
At the commencement of movement we had
tend against the usual difficulties incident every expert
mental Innovations and at the time 70 encounter the
systematic efforts of powerful monied conbnaton
dsus in selfish jealousy Of al imaginary superiority
In contemplation Of these rmbarrassments wisely adopt
ed the resolution OF presenting TO our eowcitzens the op-
pormty witness the sounncSs of free trade prnci
PIES and pursuing this malicious course an,icipa
ted the result has been the nost perfect The
citation longer exists experiments the public will
never again submit To BE- deprived of the power supentend
the genen, Of he affairs; they have experienced
the advantages of SYSTEM and universally appreciate e
Importance
IL has been apparent to ourselves as to the country that
general confidence has been restored public
ties aud necessary consequence Of this improved feel
ing renewed Impulse has becn given branch of
business since have been IN vigorous operation The
Fable Stock Exchange, filing important hlstus the
operations of the United States and nte
gent employment Of capital has been the consequence and
objects of presented TO the public on
her real merit without disguise 1t my intention to
mpute any systematic wrong the Stock Exchange
but when apparent, the slightest reflection that
the transactions Of such association there capa-
bIty to practice the gTosse nposl;ons private
aud pablo credit with mpunlty il becomes the duty of the
people their best efforts abate combination
which may any time, abase puoc confidence sacrificing
the national character and dyldual prosperity
take the liberty, this OCCASION recommend rev
sioa of the constitution; it drafted you are we'll
aware, more bond Of association than permanent
Charter, and unless amended season. shall have
greet alterations made in haste the oppressive
quences o several practical imPerfrctious.
The duties deyolrng upon me have been performed alto
gether grntuousy they have been executed with ndren
dence the prophecies Of the association have been
taned; and nave had the qualification fellow
citizens bestow their confidence, they have had
to respect the fairness and cncrgy Of our conduct.
In grateful acluo wed-eueI Of the kind aTrc,onate
manner in which the presidential administration been
sustained no" tender You sincere thanks with the hon
remain with subject Of the deepest interest and the
warmr5t Snlicitude.
have the pleasure to remain, with much respect,
y our obcd.-n; servant,
ALEXANDER HAMILTON.
NewYorll, July oth, 1873
" creGs pursuance of his determination expressed at
the 'inr OF organizing the association, Col Hamilton has
resigned the Office Of President, therefore
Res9tred That tho members Of the Public Stock FIX
change have always appreciated the excors Of their late
President the erection and maintenance Of the stability of
ths association and view with pride the with which
vigorous intellect has steadily aud ccn,lsnt, conducted
their prospects ard they express with pleasure the condeuc.
they entertain III the liberal aud enlightened views that h.
has universally taken al subjects connected witt, this
body a"d t seize this opportunity record that ty be.
iieye that Col Hamilton IN tn Of his Office has
been acitited but with spirit having the welfare Of the
association at heart which he devoted his time talent,
and influence.
Eesorsd That this association tender their late Presi-
dent Them sincere and grateful thanks FOR his efficient ser.
vices ms tring industry and the mode and he
has conducted the Affairs Of his Office which Throughout, has
met with unNesa! apPfobation aud given general salisf4c-
ton.
Extract from the MINUTES.