Weekly Indiana State sentinel. [volume] (Indianapolis [Ind.]) 1853-1861, 1856-03-27
Ashbel p. willard,
Democratic candidate for Governor, will
COMMERCIAL CONVENTION.
To the Merchants, Mechanics,
Stock and Produce Dealers,
and Bankers of Indiana
lSDIANAPOLIs. March 2lst, l

INDIANAPOLIS. March list, 1896.
Whereas, an INSCRIPTIONS and uncalled for
warfare has been made, by the Brokers and
Wholesale Dealers OF Cincinnati, upon the In
diana Banks: And whereas, the said Brokers
and Merchants have established i'm the City Of
indianapolis an Agency, for the express and
sole purpose of - sorting - and sending horne
to the Banks, for redemption, every dollar OF
Indiana money which they can procure: And
whereas, the result of such action on the part
Of the Cincinnati Brokers and Merchants has
been, and will continue 20 be, highly preiudi-
cal TO every department Of the Trade and Busi-
ness OF Indiana, we would beg leave TO call yout
attention To the matter, as follows:
Within the short space Of eighteen days,
these Cincinnati Brokers and Merchants have
returned TO our Banks, for redemption, thu
almost incredible sum ofS350. 900. This large
amount of the currency Of Indiana has thus
been forced 0Hf Of circulation. IL is well
known TO every Business man that Indiana has
not, by five millions Of dollars, at least, su6i-
cient currency to meet the demands of bust
ness. If, therefore, the small amount OF cur
rency which we have is forced ont of %circula-
ton, the result will be disastrous TO the entire
business interests of Indiana.
What mducement can there ke for the Bank
er 10 1Ssue MS nofcS wnrn they arc returned 20
him within a few weeks Of their issue. The
policy of the Cincinnati Merchants and Bro
kers in running the Indiana Banks has al
ready began 10 develop its injurious effects
upon the business men of Indiana. The Banks
are compelled, in selfprotection to refuse ac-
commodations TO Stock Dealers. Produce Buy
ers, and Merchants. The result is, that the
farmer viii be unable to realize the cash he ex-
pected, to meet his maturing bills with the Mer-
chant and the Merchant viii be unable 10
meet his bills, q these . runs upon our Banks
continuc.) as they mature. The result viii be.
as every Shrewd business man must see, 4 great
pressure in the money market, and great com
mercial and financial embarrassment to all
branches of ade-Mercantile, Agricultural,
and Mechanical.
The business men Of Indiana have the rene
dy for these evils in their own hands; and that
remedy is, the sriihdratrai Of their trade from
Cincinnati thus taking from the business men
and brokers Of that city, the means of harrass-
ing and embarrassing our trade.
With a view to the adoption of such measures
as are necessary TO the protection of the bust
ness interests of Indiana, you are earnestly re-
quested and urged 10 attend a Convention ofthe
MERCHANTS, MECHANICS, PRODUCE
AND STOCK BUYERS and BANKERS OF
Indiana. to be held at INDIANAPOLIS, on THURS
DAY. the 10th day Of April, at which Conven-
ton YOU viii meet the leading business men
Of tine State, and by harmony Of action will be
able to adopt such measures as will efiectually
rid our State of such impositions as she has
heretofore suffered at the hands Of the Cincin-
natl Merchants and Brokers.
Very respectfully, yours,
T.. MAYHEM x CO.,
j.. =. SPAWN.
CONNER, BURTON x NORMAN,
WM. HANNAMAN,
CLARK, OURSLER X CO.,
SAMUEL MCMILLAN.
ROBERT BROWNING,
II. j. HORN x CO,
j. NJ. TOMLINSON,
JACOB LINDLEY,
JAMES SULGROVE,
J. ". TALBOT & CO.,
II. A. FLETCHER * CO,
GOODE * WILKINS.
j. x j. BRADSHAW,
Il. l.. * w. A. McOUAT,
J. W. HOLLAND,
81. HOLLAND.
WOLLEN * OHR,
STEARNS X SPICER,
A. J. VINNEDGE,
ROOT * CHAMBERS.
". IA. TALBOT * CO,
NOLMER K VONEGUT,
MCCORD, BARR * CO,
ID. MAGUIRE.
JULIUS NIC0LAI,
II. S. ROCKY,
i. HUEY,
JAMES BLAKE,
CHARLES MAYER.
&. x ]. COX.
=. McNAUGHT * Co,
". ). HUBBARD n Co.
ADAM KNODLE,
ID. +. SLOAN,
r. B. DUNCAN.
STEWART & BOWEN.
A. q. CRANE Il co
OELZELL 4 TYLER.