Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-08-24

Bank Web az D2yenPort, Aevga.-;;:srsslt eS.
ings--StOrIny Times
On Wednesday, the j tn inst, riot occurred ct
Davenport, Iowa. in consequences Of the refusal OF
The bankers in that place TO redeem the notes Of the
Florence Bank Of Nebraska. which they had put in
Circulation. The mob assailed the bank Of Cook &
Sargent and the residence Of Mr. Cock with brick
bats andstOnes During the riot the wife of Mr. Cook
was seriously injured. By the intervention efthe
sheriff the outbreak was suppressed.
On Thursday morning crowd of some fifteen hun
dred, principally Germans collected at the court
house. and organized meeting, calling Judge Grant
to the chair. The meeting was orderly, bat deter
mined spirit was evineed to compel the redemption
Of the Florence notes IN circulation, especially
those in the hands Of labOrers and resolutions were
passed to that effect
Judge Grant, DR.. Tegler, and Mr.. Rolfe were then
appointed committee 10 wait upon Cook & Sargent
and Burrows Pettyman, to ascertain what they
would do in the matter. and the meeting adjourned
until afternoon TO hear the result. Judge Grant, as
chairman Of The committee, then stated that while
the committee was engaged in conference WITH
Cook Sargent; Antonio lie Claire Geo. L, Deven-
port, and Hiram Price had promised to become
responsible for the UaGts redemption Of the issues
Of The Bank Of Florence BE slso TeadR note from
Cook Sargent saying that they would take the
money in the hands Of the laborers aud give them
Illinois and Wisconsin currency at par, but decliu
ing to name any day when they would retire the
Florence circulation That, however, they professed
a willingness to do there as soon as a branch bank
should be established or q circulating medium other
wise provided for note was alsoTead from Burrows
Peltyman, in which they promised to retire every
dollar of their checks between lhen and next spring.
but they must collect their debts before they could
pay what they owed
The meeting thea resolved not to receive any
more Florence money after that date and appointed
q committee to visit Cook & Sargent and ask Of hem
a written guarantee not topay out airy more Of j.,
and also 10 Wait upon Antoine lie Claire, George Il
Davenport and Hiram Price. and procure their writ
ten agreement TO become responsible for the Issues
of the Bank of Florence.
We learn from the State Democrat that during the
entire day on Thursday, strong excitement Ieigned
throughout the city, and the City Artillery were I'M
der at their drill rooms preparing to oct in case
If emergency On Friday morning Judge Grant
commenced paying cut small amounts at the court
house, to laborers within the city. All others were
refused sag sthe Reek Islander ofssturday the l4th.
/ Thai paper adds: e
"PsymCnt was stopped about twelve O'Clock. Sew
eral hours afterwards no evidence being apparent
that resumption Of payment would take place, the
crowd began TO show signs Of rebellion. The music
was brought out and other demonstrations made cal
! culated 10 produce excitement. Another meeting
! was held and q rumor that the bank would be again
/ attacked, brought out the military. These demon
/ STATIONS brought out the money, and payments
street in small squads but the great body held
in reserve at the armOry, ready for action. W.
learn that Judge Grant stopped paying out in the
evening" having redeemed about 81, COO liz prom
issd TO open the bank again on Saturday,"