Republican vindicator. [volume] (Staunton, Va.) 1849-1857, 1857-10-17
NUMBER -.

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mond to confer personally with the
Goyernor on the subject Of his letter and
these resolutions.
Which resolutions were, after discussion.
adopted unanimously.
Mr.. Gourad offered the following rcsolu-
ten, which was also adopted unanimoaslY,
to wit
Resolved That this meeting recommend
to the banks in the commonwealth, HOLDING
demands upon the State foriaterest or trea-
'sury notes to notify tie treasurer Of Che
State st once, Tat al such demands will BE
satisfied BY q payment in Richmond By the
/ deposit banks in The issues Of such creditor
banks respectively rcceised by said deFes-
/ it banks IA payment OF the revenuo.
Such being the sense Of tie convention.
he chairman appointed Messrs Soufhai1,
SteHeas and G4aHeic committee 70 wait
upon the governor, on Tie arrival Of the
delegates in Richmond, and request an IN
terVieW with him.
+ Adjourned to meet at the Exchange To-
+ tel in Richmond en- tomorrow evening at
4 o'clock
RIeuMoSD, Oct 9, 1857.
The delegates from the several banks,
iagrecably TO adjournment on yesterday, as
Isemblea to-day at the Exchange Hotel III
Nichuond, and sought and obtained an in
teryie# with Governor Wise and, present
ing Linn with tie actions and resolutions OF
the convention, were received by him with
all kindness The result of this interview,
in which the governor expressed views, the
tone, temper and bearing Of Which were
gratifying to the delegais, was
The governor expressed himself pleased
at having the views Of the suspended banks
Represented, relative to the maintenance Of
the public credit, as expressed in said reso-
buttons, and their wish to do what they could
10 aid the State in liquidating its liabilities
abroad
And, without expressing decided opia.
ion either way upon the suege tons contain
/ ed in the resolutions Of the convention pre-
scented te him in reply to the plan proposed
by his letter to the treasurer. which has been
SEN. he banks, he assured The delegation
IL 4 zeas rot lis Intention to issue a prutlas
uation prohibiting the receipt Of the notes
Of tie asaonaed banks in payment Of pub
dues, 50 long rs he remained convinced that
they were acting with Il iona hde intent Of
protecting the State credit aud the commits
mites n which they were located, and 50
long as there Is no evidence Of fraud on their
part rs yet he had repased the ereatess
confidence in all the banks Of the common
wealth, and he would Do nothing to impai;
Ipatlie confidence in them, without seeing
thet far greater good than evil would &c ae-
.oorPiisHed He had no means to compel
the deposit banks 10 receive the notes ef sus-
Iplndo.l banks They were bound only 70
To Sc th9 uotes q specie paying barAs -
IN sase ihcJ refused to receive such notes,
tha treasurer would have to take tie iaitia G
~ stea5 by reporting to the Governor, wheso
duty il would be to provide depository, in
case the deposits were removed, Or place
of receipt and disbursement Of all funds
which the deposit banks, if continued would
not receive, lie saw no good to be attain
eddy removing the deposits.
The deposit banks might refuse still to
receive the notes Of suspended banks: and
in case they continue to DO 50, the treasurer
Iwculd, under the law, provide a place Of
deposit, and would receive and pay cut the
rejected 'ptes IN discharge of demands upon
the State as Tar as he could. And for such
iameant of them as lie could no. pay out the
governor would rely upon the integrity and
public spirit Of the battl's issuing them, to
redeem at the treasury as rapidly as mayle
required by the necessities Of the common
wealth. and rs in the power Of the banks,
i'm specie or in such funds haukablo ia Rich
] moaa, as may be convertible here in tine to
} meet the interest due abroad on the public
e debt.
The convention having returned and re-
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