Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1857-10-24
The Banks.


The Banks.
When we announced, Yesterday. the
suspension of the Railroad Bunk, and the
Bank of South Carolina, we little thought
that any of the other Banks in Charleston
would 50 soon follow them. But our an
ticipptions have moi been realized. Yes
tcrday the run of the previous day was fol-
lowed up, and just as the tide commenced,
the Peoples Bank was compelled to yield
to the pressure and suspend The imme-
diatc cause was draft uponit by the Bank
of Newbcrry for $4,000 in specie. The
former Bank wag the Charleston agent of
the latter, and the balance in favor of the
Ncwbcrry Bank WIS the above amount. AS
the Peoples Bank had received no intina-
ton that the Bank of Ncwberry intended
to draw its balance in spccie-that was not
one ofthe contingencies calculated Oh in the
effort to stand up against the city run upon
it. Finding itself unable to meet this sud
den demand and also the constant daily de-
mand which was present and pressing, it
immediately suspended, and the balance to
the Bank of Ncwbcrry remained unpaid.
After this, tie run upon the other Banks
continued they paying every demand for
specie, and Keeping open for that purpose
until late hour in the afternoon
GCbnrtsston Standard.
CHARLESTON, Oct 15.-Thc Planters
and Mechanics, and the Farmers and Ex-
change Bank suspended this morning.
SAvANNAm, Oct. 15.-Thc Presidents
of the Banks here met last night and held
a consultation on, the propricty of general
suspension, which was unanimously recon-
mended.
All the Banks have positively suspended
this morning in SayaDnah, and the citizens
are agreed thereto.
NEW YoRK, Oct 15.--All the Banks
OF this city, after thorough consultation
decided upon suspension, which measure
was carried into effect, ,ycSfcrdaS.
Sterling exchapeachas advanced to I'LL.
, .CuARLF~rloN, Oct. l6.-SalcA of cot
ion to-day l,1OO bales AZ 104 toI2.
\ .l5LEEDING" PnILANrnRob1sT-
parti-colored cUrRNRi6r met at Syracuse
ON "Wednesday last, consisting of colored
and white politicians of the Gerrit Smith
and Fremont school, at which the former
gentleman figured. After discussing the
policy of compensated emancipation, in
which Mr.. Smith favored and Frederick
Douglas opposed the plan, the question of
finance came up and this elected discus
sion, in which the philapthropst of Peter
boro' stated that he had paid money for
Kansas till he was tired, and he did not
know where it had gone, nor what good il
had done. lie said (according TO the Cou-
rler's reporD he had done "bleeding" to
the Society. 1t had cost him over SIS 900, ]
whereas the Society had only raised 81.
500. He said it was ''riding free horse
to death, !" and he would no longer stand
1T; that he had got aote after note last fall
for the purpose of raising funds for Kansas,
and he didn't know where it had gone, and
ne didn't SOC TINT the Society was any bot
ter for IL lie said, in conclusion, he had
done The Society must help themselves,
that he was tired, disgustcd, and needed
sleep, and if there was no Other question
before the house, lie would declare the
Convention adjourned siae s.--@4Albang
At,as.
lNTEMpERANoE Il a habit that Is alnlost
certain to result in failure. Exon tile
moderate uscof alcoholic stimulate to the
man whose business requires clear intel
lect and constant prudence, is attended with
Hanger; u oionds the perception, and Gre
ates feeling of holdness and recklcssress,
5ilat may, IN moment, thwart tho best
aud plan o., years. The business man who
hdulges at oil in artificial stinulanss, can |
never be sure Of himGelf