The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-28
GEORGIA.
aoyEaRoR JOHNSON, OF sBoIaIA, on BANK sus.

GEORGIA.
GOV ERhcR JOHNSON, OF GBohaIA, on BANK sus-
PENSIONS.
At mseiips OF merchants ana cthsrs In saysnr ad Oh
she l1in solutions aiople8 ntins that tbs
harfs temporarily suspend spe de payments, and orra
mittc was chosen TO Icy the action OF tho messing bef
the or ara request him 40 WITHHOLD 20 Ton"
sgls', n. banks in consequence OF THIS stsp an tho
meeting or toe Legislature
ipe following 10 the Governors reply
ENScUuvs cHAmByz, !
HILIEDGynLx, Oct 10, 1857,
scsD0v lee &c the Yccect OF OF ths 18Th ustau
hh,n OF the merchants and Oft OF sAvaonan request
ns RIO ito withheld any action agnins. the banks oon
preaching session Of tho Legislature rear q hard
lshCrd have ccnc ~ you suggested II such requss
~ ss s an ,Ss my NJ are
necple ~ you represcni tho rnanmi.y Of tact va,e
would ssem irdieaie thst h,rs csnn, be much tycrs
Of ornicn arlopg thinking meu NJ 70 the prooysiy OF
chee,fel compliance wih the wish Of the merchants and
citizens o. Savannah
DOT pretend 10 be familiar with the great qre,t,ons
OF finance involved 10 The Commercial crisis taAt upoa
~ but In my humble Judgment IN Of space
pa, Jog Ia not remedy II s only an e1peden., and ~tl
fell In be even pediens uness debtors creditors,
reTohspta people and bsrks with and towards each
ctber IN tue utinox good fsh and With raj deure
torerder each others burden, as light a. pom,ee rho
sri OF corotefc end fcrbcsra must rvsds every
ran ihcaoa ef eusiness; With ut MIS- the suspeuin viii
mrert but one cisss the oaoss-by enabling them 10
port, o-s tho payment CT their oebs-ther bulls ach
rat hearing iuerat ard h. the OF Their rpsc's
ard othsY sv,shc merns spec1atc IN exchGore ADD
screw Gown .ha produce narset 3, zpeoie pcs Such
courte however, do not sntci s.e ItguH those VITO
snd direct the banks, pat,i'c, hgs toned aud
h,err, Minded gentlemen, VITO would .oor
rsrcc At us lands Of TIE peoples rerre:en sIlves
TIE only trsc.nal remedy FIR the pressure OF tie
TINE: VIII b. found In tho naes'ri.I resources Of the
lay debts and equslize exchanges; ont t,a ws'o
fIpiless without economy. Who Is 40 blind as NO 20
see, ard 80 cbdurse ~ no. 20 dcporc the ex'ravs.
gsnee OF the tmes-the great cxc.fs OF erpsad ,re
beyond pe prohtY This 'bo Of the vide sprs.
bal fta~l 10
EN- loyed msy 'svc toe gateut uatl the great rsn5tr
come 10 The re cue
banks sDd hi hco OF The South generally /. t4e
yc-ul CT insolvency, but OF SELF 6efssoe sgan,
The drafts upon ser coin to FsTeE h1 the vaci1 or those
cftoe North
Iprecics.e my opinion or Inc Tssndness o. our banks
npon The sxhei they present 10 response To exesuivs
pvecls Hence biiholceys may safely tru.. then
eth generous ronndeEce IN their s,tiy n rsdsam az
,oon ~ the ssarl from The commercial centres Of the
North sbsJ he stopped
onnfessE genterncn, N feeling Of rsriorSl pride
which irretAbly awakened By survey OF too orcu u
stances that faSroupd rs The North IL oi,erog vi
par yss Der factories suspendng, her maxohsuR 4
rpd all me OF business CT up ruin
r coranercrl ~rcsk. tspeks OF this 70 rei,cs
her mi,fetOnet hut TO ask What Il the n'nm.e, ard
Lncat ner only nops OF rel ef Tss revive CON
Ecrciel prosperity? Why H. thai the south amidst
thuh Of The crab, sands calm and uDAwed, p1lse
opou The oon'ciousnsss Of her csang 10 oetds ms
pesP
III our three millions Of cotton bales now gors for ra
20 toe markets o. the vols TAFT sivc &C ne ueung Of
rrepgn and safety Oar tD vi yea mJsn 81 iae Hroia
machinery Of tie vcslaf onmesce Snd, true our.
sslVer, wc nave and ,suH ever have the f,apd,a Of
he proudsst nce ,endenee, Commercial vol ct wi,
"a 81 over biased any age or psools,
A. sermsn TO thu thought, whist emphatic illustration
Of ire vast I'm po tsuoe % the S3atn ri dfe be
tween her and foreign poFis ssd IN her 1ui
w she ever AWAKEN 10 the magnitude OF sdc1 COL ",
sno by ~ bold and successful sooDphment break the
oriy chain that festef her giant Soai TIL. will
mats her indcY enderce srd teen STE viii IL
feel ale cow does, bot shs wilt regulate and direct the
commerce OF the wolf
BEG psrcoE, gen,ener Tor permitting rysef 20 % be-
hsysd into there random reflections II not positively
Call, fsr by, rns they wholly Inappropriate to-
the occasion which elic,2 t1ir o. mraunicxslon.
hEKsIAs II, v. JOHNSON