Evening star. [volume] (Washington, D.C.) 1854-1972, 1860-11-22

cHAnLksIos:. Nov. 2e-The refusal Of the
banks to assist the merchants is beginning to de-
velop results
4 heavy fs,lureof a cotton arm is reported:
Il fhanfullv withstood the shock.
Financial matters are rapidly approaching q
climax
Trade IL completely prostrated. 81
Cotton 10 undevistingly depressed, prices eene-
rally favosing buyers The stock on hand Is Ely
Many .uggessions are made for the relief Of the
merchants; among oshers, for banks 70 suspt Id !,
Il not exceeding pinety days, and to increase the
circulation threemillions by buying that extent
Of drafts on Europe. based upon actual shipments
OF produce, with the bills of lading attached,
such drafts to be sent direct to Europe and specie
returned To Charleston, which would enable the
banks to reduce the extra issue and resume specie
/ This, It Is supposed. would be . heavy blow
| upon New ofk bankers who seem bent upon
| ercing southern trade by financial pressure and
would inaugura te direct intercourse with Europe.
| The Legislature meets on Monday hen some
further relief measures will no doubt be asked,
which will honorably relieve the mere hants with
Northern creditors satisfactorily, and preserve
'hslr honor, integrity, and that Of the state
kichmond was received here after business hours.
| Ii was not unlocked for. -
Tomorrow 10 Thanksgiving, and the banks
VIII be closed and business suspended
To-day there 10 much excitement in mercantile
circles; exchange IL irregular, and there are no
quotations. s-
Vigilance Committees are formed In several
A man named Finley, from PHILADELPHIA. has
fecei we'd notice from the Committee at Lexing-
ton ga, to leave, for expressing anti-slavery SEN
| Although the delegates elected to the South
Carolina Convention will all favor secession there
| will doubtless be two psrties-one hot for imme-
1iate secession, and the other more calm and de-
Papers from the interior Of the State are al led
with proceedings Of meetings and resolutions for
Col. Memminger, Judge Magrath and Others,
| bama next week =
at the Charleston Hotel He made speech Il
| which he strongly advocated and advised imme-
diate secession. He was frequently and warmly
applauded.
The VIEWS OF THE GOVERNOR OF KENTUCKY
| Gov. Magcfhn has written long lett,r to the
| editor Of the Frankfort Woman. the sum and
| substance of which 10 " stand by the Union - As
| MT- Magotn Is a political friend Of Mr.. Breckin-
ridge, this letter will be understood to contain
views not widely at variance with those Of the
| late candidate for the Presidency.
GKoRsIA.-SPKEcH OF Hon. A. Fl. SrKpHKNs-
| IMMENSE CRowD-SrArE CONVENTION.
| Correspondence Of the ChrOnicls and Sentinel !
MnLEDeEvILLK, Nov. Is The Hall of Repre-
| sentatives was crowded to suffocation on Wednes-
day night last TO hear Georgias greatest son The
/ galleries and aisles were thronyed with ladies,
| and every available spot was occupied. The
desks, chairs, aisles and windows were unable to
accommodate the vast multitude and hundreds
| left, unable to get an opportunity to hear All
O'Clock Mr. Stephens made his appearance. and
| with great difficulty, owing to the multitude as
eenaea the speakers stand This was the signal
Tor enthusiasm, and for five minutes the build
1ngs shook beneath the cheers and screams fro.n
the audience Mr.. Stephens arose, aft quiet
have been heard to falkland proceeded to address
the people. II Is useless for to attempt to give
even synopsi: Of this great argument We win
try and give Mr. Stephens position. but our
| feebl pen will fail TO do the great Justice
| He said that be came before that audience at
| the urgent solicitation Of his friends, and a re-
| spectacle number OF the members Of the Legisla-
| ture. IL he had consulted bis own ease he would
not have left his own room; but the invitation had
been extended him. and to crafty his friends, he
| came before them to exchange views and MONS
as to the best course to be pursued. MY country
| men, be continued, perilous times are upon u.s.
| Danger Is at hand he greatest Government
upon the face Of the earth was about TO be broken
| up: His object was to consult with bis fellow
| citizens, and endeavor, II possible, If We could
mai ntaln our honor, our interests and our rights
| to keep that Government together; he bespoke a
| calm considerate hearing, and when he finished,
IL he failed to show the means by which our honor
| might be preserved, he begged the audience to
| pay no attention to what he had said
lie continued, that we had great Government
by disruptingi He regarded Lfnceln's election,
OF itself as no just cause for dissolution He had
been constitutionly elected No one could gain
say that, and though one deprecated that event
more than he did, his opinion was that having a
Democratic Senate, the concurrence Of which was
necessary In every appointment he made, and
every offcial act he peffermed we had better watt
until we had better season to disrupt the Gov.
eminent than the mere fact Of Lincoln's election
This Government was bought with blood; the
sun shone on no other like IT, and IL we deter.
mined to resist TO the disrupt Of every tie that
bound us to the Union, for Gods sake said he
Let VI act with unanimity.
Greece and Rome lost their liberty, not as Mr.
Toombs had said, because they failed to fight for
1t, but from internal discensions So with every
other Government whose history had been written;
and such he feared would he the history of this
unless we acted with unanmity. He favored the
call ~ a convention Of the people. They had the
right to decide this matter Let the Leg islature
follow the legitimate object for which IL was sent
here. AS for him be intended to bow 10 the will
81 Georgiaj and no man was farther from submit
ting to what was wrong, or would sacrifice more
70 preserve Georgia's interests and honor, than he
He concluded amidst laundering applause. His
speech occupied two hours In delivery.
attended meeting Of the Joint Special Com
mlttee on our Federal relations, this afternoon
conference was held this morning between several
disting uished gentlemen, of all parties to adopt
"middie ground" course Of action in this
emergency.
II ONE PRICEONLY!