The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1854-12-20

appointed to prepare an address for pubca-
ton. On molten.
Resolved, rha, we will charge one.half of
one per cent, for collections.
! On motion of Mr.. Williams,
Resolved, That we are in favor ofthe peal
of so much of the present banking law AL
slows 30 days for the redemption of our cur
isiency after protest
u On motion of Mr.. Graham,
!. Resolved, That we will report to each of the
bi's- mouihiy, our condition, beginning January
l sat, 1855.
1The President announced the following
comimittees:
Coi,nmittee on Amendments. -Messrs. c.
Blair s.Michigan City;W M. r OLSON ,Indianapo-
olis;HVm. w iIlams, Warsaw; G.. w. Barbonr,
Tere Haute; E. G.. Whitney, Madison; ].
BROWN, New Albany; VIM. Baker, Evans
vile; TO which. on motion, the President was
added.l
CommiHee on Address -Messrs. Graham
OF TerrS Haute; Blair, Michigan City; Bowen,
Indianapolis; Barnes, Goshen; Kellum, La
port, fss which, on motion, Messrs Barbour,
DePruw. Williams, and In !e were added.
u the Banks represented having made
written rsports, as TO capital, coin. exchange,
&c. except Mt. Vernon, Paol, Farmers g.
Mechanics, Indianapolis; and New York
g. Va Stock. Evansville,
On molten, the convention adjourned to
meet again in Ihia place, GU Wednesday,
January Sd, 1855.
w. C. DEPAUW, Pfes't.
5 +; H. 1 hss.s''' sss'ys.
ADDRESS
To TIE PUBLIc.-The undersigned com.
mitlee Of the Convention of Specie Paying
Free Banks Of Indiana, held at Indianapolis,
on the l4th and 18th December, 1854, to
prepare an address to the public, on The con-
diion and charater Of said banks, beg leave
to lay before the public the following facts
and differences:
The convention numbered representatives
from thrly-one ct the Fee Banks of the
State. which, notwithstanding all the reports
abroad, OF general suspension, have never, at
/ any time, under any circumstances, refused
to redeem their issues in Coin. The history
and present condition OF said 81 banks, were
freely and July examined and canvassed by
the convention, as will be seen by The pub
lished report OF its proceedings.
The following facts relative to their condi.
ton. were eslab ished 10 the satisfaction of
the Cow ention:
Aggregate capital stock CT
| the 81 banks at this time, Sl.966.3l5
Specie and eastern exchange, 554,479
Curry and other Blk bal's, 523,O47
Bills discounted, l2I2 ,264
Circulation outstanding, l,24S, 405
IL was proven upon examination that the
stock holders of the several banks represen.
ted. are able to take up entire. the outstand-
ing circulation of their respective banks,
without resort to the stocks now deposited
with The Auditor of State.
In view OF these facts, and the late irving
ordeal through which these banks have just
passed without blemish, notwiths,a nding the
present imperiections of the laws under
which they have been organized, the Gem
mittee, without fear or besitancy, challenge
for them the confidence and credit OF the
pubic at home and abroad.
The committee cannot avoid alluson OF
the fact that there are some other free banks
Of the State who, although under the emer-
gency have not in their first setting out, been
able to respond in every instance, to the de-
mands for coin upon them, will yet establish
Tor themselves credit. by a rigid adherence
to the law of their existance and bank
usages. and who will from this time forward
enti.le themselves to public credit and conf
dence aud to association with those banks
, represented in the convention
In view o.; the success Of the free bank
, eyslem, where il has been the longest tested,
the committee feel assured tina, with the aid
ofjudcous legislation by the State, the sys-
TEN will speedily be perfected and achieve
full success in Indiana.
Ii must not be forgotten that, though in
New YORK, this system is old and we'll tried,
in the west, especially in Indiana il is new,
and that all new machinery works imper-
fectly. But little time will, we feel assured
be required to satisfy the people of Indiana
of the value of the system and the safety Of
|, the circulating medium which it will furnish
them.
Tie committee beg leave to call attention
to the published proceedings of the conven-
, ton. N. w. GRAHAM,
CHAUNCEY BLAIR,
o. BOWEN,
j. II. BARNES,
J. =. KELLUM.
WIN. WILL MS,
c. w. BARBOUR,
JOHN INGLE, JR,
w T.. DEPAUW.
ANOTHER Moral REFORM man in Og.
4 den-bnrgh was detected in setting a house
on fire and plead justific cation of the act on
f ground OF preventing occupancy Of the DWELL
: ing by women Of the baser sort. Justice is
. blind aud cold not see the moral bearing OF
n the deed, and officers visited the ncen-
e diary's house to arrest the wife bot found her
d in bed perfect mountain in size, victim
OF dropsy.