Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1845-11-25
PUBLIC MEErlNc

AT meeting of The citizens of the adj
Joining towns. viz: Elk HON, In Faye,te.
Deievan and Geneva, at the Court House
in the county ofWalworih, on the evening
OF the Sth instant, for The purpose Of devils.
ing The best means of ptoiectnr the com.
muniiy against the calculation OF fraudulent
and deprecated paper currency--S ,muel
Imb5s was chosen chairman, aud Holl LII
than appointed secretary.
After the object of The meeting had been
stated by the chair, it was moved BY H. S.
Winsor, that committee of three be ap-
pointed TO draft resolutions expressive OF
ihe views OF this neutrality-suspicious. the
following persons were appointed as said
committee, to wit: Messrs. II. S. Winsor.
Y. ID. Meacham, and LIE Grand Rock
well.
After short retirement, the committee
by their Chairman, made the following ie-
port, which was adopted:
Whereas,the citizens ofthis county have
from time TO time been imposed upon by
worthless and fraudulent manufactures OF
paper money,by which they have. been swim
died out of the bard earnings of many Toll
some day; and whereas,it is the duty of the
larming and laboring classes of community
TO enter into some common measures OF de-
fence agains; the foundations of the worth
less trash ihlt IS now anoat in the country.
| and palmed off upon them as money; and
whe cas-; they deem it their righ, aud duty
to themselves and the country al large, TO
make such an expression of their opinion
as will most etfeciualy proiec, them against
further frauds aud impositions,- therefore
it is
Rcsolred, That it is the duty Of the peo-
pie to keep viglent eye upon all money
! ed and other corporate institutions posses
sing exclusive privileges, and whenever
any danger is apprehended, either from
their usurpations or failures, to sound the
tocsin OF alarm. since the experince of The
past and particularly the history of banking
in The United States has shown, that such
institutions are powerless for good and potent
| for harm
ResoIoed, That we do not regard the
''certifca:es ofdeposite'' of the '.Wiscon.
sin Marine and Fire Insurance Company
us money, in any sense Of the word-theil
upon the captoas honesty of foreign stock
holders.
| Resoloed, Thatwe reg,rd the immense
quantities OF those certificates now afloal
upon the community as the usual Fremont
tory symptoms OF ealy dissolution, and of a
general explosion, and should not such q
common catast opae take place, il would be
| the first lime in he history % he wea', Scat
such aiaImlig symp ons naa proved decep-
tive.
RcSolcpd, Tha! we regard the operations
OF some of The wnea bnyerS al the lake
po.ts as highly Ieprehen3 bic. aad deserving
the sevetcsi candemuli!oU.sich rs eXchan-
g;ng !hes c,s.e'n funds aud spec fox Is;
.'ceriiicaiea oi deposie," tot the sake #
one or two per ce.H premium and jhEs al
tempting 10 b!be oar farmers 10 ae lien,
by ole! ny less by one or Two Gems pe.
b .st.ei ur their whoa plyai'le 10 cas- Ell,
funds or specie, tam in those certificates
pa MY evinciug th9t .hey 20 not consider
hem wor;h rs muca by three or four per
cen. as he legal currency OF tie coau-
~.
Rfsoir5d, Tha, we view the expansive
issue OF those certificates at his junclure o.
| iimc,as an attempt to coerce the leg stature
through ,he pockets OF the people, to grant
that n>ii uilon bank charter, by holding
| oger their heads IN terrOrum, lheIr prob able
future unless such a charter is yran-el, or
else the institution is really intend NJ 10
wind up lis concerns in the ns,Iil and mod
ern vie of "A general explosion.
Reso!ped, That we viii not countenaDce
or deal with any wheat buyer upon our
Lake bordeis who otieis the certificates Of
the Wisconsin Nj lrjne and F,Ie Insurance
Company in exchange for oar produce.
Resolged, That we are lad ca!iy and
uncompromisjngy opposed TO The rec!arer
or resusciialion OF The old Milwaukee
Bark.
Resolred, That the proceedings of this
meeting be signed by The officers of the
meeting, and published in the Territorial
papers.
Elk HON. Nov. S, I745.
SAMUEL TUBBS, Chm.
Hollis LATHAM Sec'y.