The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-24

yuB ySsocnACY or HosToH ON TEE yNAHcIAL
Bosrcs est o. 1857.
rro,e isnoar en,hd,astic meeting or the demo
u3y IN Faneu nsl tc ngnt, presided ever By Samuel
wAidron, J,.
me resoluloen rom,raIy related 70 eranca! susjcs
ras eSss was:-
Resolved Tnss the brief philosophy 0, the preser.
8 va ia, cre am cr
cuist0i tne the Initiation; that with the
Ey rH o. ysodses sId a. sxos. ovs' imports ". ,evuI
O. she nooyoys WHO rave eainse al the sad wealth Of
he nastc7, but Of the v,ccas financial system whi'o
which sc.rs 10 own bills ,us interest most psosu ely
when money chesp.st, and contracts and demands pay
neyt eben II s dearest
me sCoond and third resolutions endorse tue democratic
poH.yof the independent Treasury and condemn the
listing paper currency Of tho STA o. which abrogats thst
pycv.aion Of the conssction that "no gate shall coin
ncsoy by creating feuseon huS dred corporations With
pswer to engTave money and expand or contract 4. at
cssrce pleasure 1hey also attribute the bank suspen
ea Of 1867 the 81 the power used By the
reess sa banks - nta used BY the UnDd sases Bank
ts 1907
The scnrs, srh and sixth resolutions are as ,easws-
RsoIved, That the Stat. Legsissures hive been po
zse In the creation oe tanss Of ssus FOR on'y hc.rc
tksead OF ouey lenders that mixed Of paper
GE. Bex system that . d, cssc whion
cannot 81 once vi hoes s,pg the pste,t; and
oofefoS6 ~ mo PART C Wlcfcr, Sy oxpcfoLCe,
,, restricting ~ execas inoresasg y ornament specie
hssis, and gradually asosnios i asuo bills under Ten
aoisys. p9-sicc labor IN ths yni oJ eavrngs.
resolved, That the banking system Es,ing caused the
evil by executive issue OF PAGER when nobody cared
sr ,LeLr esb can only sssa'a ihe evil % resort =
oa1Se the S,a1 having given the banks power TO make
cusrecry end dplAce speoe BY paper, iis sudden wh
Of circaaAaon. and compes them 70 fai with ampe PRO
piy pay their de6k, and ID the sole has taey
.ss nsr ,.iss sssy ss !" ssssi Ss - ssos 'si Il e.o
ses and Win tins banks. Henoe the banks, though sol
s.s po ss's ..s on .prss.d 'ss.sa ss sr 70
ksaraneo d their creditors, which 10 oheerfuly
,ss~sI Az s9sssos ,o Sn S.t, sca ,,sr s.
csker rri Ihe pressure which car be bu tsmporary,
lsassd ana such relief Afforded By sns bsnhs win DO
~ opy compensation foY ths " aca OF suspensiSc.
Esscsved. That the bills Of the bsuhs OF As comm %
vssth. being sceured BY The prcrc-ty Of ,he stock
On BY the sliholders nc, snould they sr 10 ary
sssssn basiag or paying IN ordinary rsnssc:ioas.
ne sesAn resolution assers shA, 'be dsmocrSis party
u me eHy inty which has sdvuo1sd . scuni eurreasy
sad opposed szocive cssssoss o, banks ssS oarposs
Srsa
ne cher resoisrcns pledge the party ,,se support
denoas.o STATE nomInses and me upsoldng Of tae
xasscLal admlnstraticn
no meeting vas addressed by E,p John wel., D
New BampshDc; b Il. Ballet, Col. J. Il. Wright, ard
stbev dsins shed gentlemen.
MONETARY ArFAIHs IN NHv oHLIAvs.
Nav oRraAys Osi 20, 1871.
noaHy maaeu are unsestied, ard 70 up,mele 70 re-
psrt any hing definitely. gloomy tone prevails gone
rally no scvcr though she street reports conflicting
ne sswspspeS report noting
KAssACHusEr1s SAiK FILLS.
Bosras oa y, 1851.
A orcrsr srdo-sng tho good Q ard,ug OF the Boston
ssd seu England banks and signed BY many Of he lead
Es merchants Of B,s,eD, raeshed 10 day me cir
Ayp<ns 70 have called forth Of the
S,Grulv an peyie,oed A the weel and In MANY sbsY ain
sAst sections n passing hasusshusesh bank euh
LUrHRR vRIsHr's DAHX.
osvsoo, os %. 1857
n runored thsi LnlhS wriEhss Bank WIN soon &,
eat os existence rhc Lake Ontario Bank buying In tns
ssch low nGure, and paying on oil csms ~ sins We
Saving sbe'r present BANKING house.
FAILURE AT ar. LOUIS.
s1. LOUIS, on &c, 1857.
kssrs- Ren!cE Petersnu, bankers Of this city, have
@spssded psynea. fneir asres ample
PHILADELPHIA srocK BOARD.
PnApnrTrA, Oct n, 1897
oscks heavy rmssyivAna ", 90; Reading Railroad
HS; Long hksd Railroad, TX; Fsnnsylvsna Raj
rssd, 81.
SUSPENSIONS AND FAILURES THROUGH.
OUT THE UNITED STATES DURING THE
LAST THREE MONTHS.
rne following u The namber Of Ne reported failures
~tich have ases place throughout the country daring
ne nosihs OF Augusi, september and ocOess up 70 tss