The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-08-03
BALTIMORE, Aug. I'd, 1861.
SOUTHERN BANK CONVENTION.

| DoOlHERN BANK CONVENTION
The Southern Bank Convention which met in
| Richmond on the 24th, embraced renresantatiras
from all the principal banking institutions of the
| Southern States. 1t was resolved to take Tao
surv notes IN payment of dues, and to advance mo.
ney for the use of the Government until the Traa,
sury notes could be issued.
On motion OF George A. Trenholm, ESQ.,, the fol.
| lowing resolutions were adopted:
hesGSred, unanimously That this meeting represent
ing arge proportion of the banking capital of the Con
ederate States avail themselves of the occasion IN
press her hearty approval of the policy of the Govern
ment IN prosecuting with the utmost vgor the war of
| independence ~ " WA
Res0lred continuously, That it is the duty of the
banks capitalists and property holders generally TO
the government all the support in money ana n1bsr
| means demanded by the war "'' ''''i
Resotred unanimously, That it is the opinion of this
mee1S that the capital the country ara
aoundantly adequate to supply all the demands
the war and that this Convention will cleerluy
tribute in its aid TO ender those resources vaiIab, 70
the people and the government ~
neSo.red, That committee of from each State be
NAV h " esesVe anu report upon any measures that
may De proposed for the adoption of this meeting
The President appointed the following eommitta.
IN accordance with the above resolution
George A. Trenholm, of South Carolina. Thos
S.r metcalf' OF Georgia; G. W. Mordecai, of North
bett, OF Tennessee; W. II. mcfarland, of Virginia
and w. Z. Tompkins, of Louisiana.
CONSTRUCTION OF ELECTRIC CLoCKs.-yarious
forms OF electric clocks have now been constructed
IN Wnlch the current from the votaic or earth bat
.ery Is made to supply the place of the spring or
weight commonly used as the maintaining power
In these and other ingenious applications of
eiectro-m agnetsm a maintaining power to clocls
the attraction and repulson of magnets have heen
brought to bear directly on the pendulum, the hob
OF which is a coil of insulated wire throunb b;ob
the electric fluid is transmitted at Intervals. While
the current is being transmitted the pendpInm 10
attracted by the magnet, and made to produce an
OSCILLATION, during which pin, projecting from
the pendulum rod, pushes a sliding bar from off
certain conducting surfaces upon which it rests
ana thus breaking contact the electric coil or hob
loses Its magnetism, and ceases to be attracted bv
tne permanent magnet, which moment befora
had detected it, 1t, therefore, falls back into the
vertical, and by its momentum performs the oppo
site oscillation; but in doing this the pin aeain
comes IA contact with the sliding bar and restores
1t into the position in which the circuit is connie
ted the coil is again electrified, and consequently
again in condition to be attracted by the magnet
In swinging up to it contact is again broken. at
traction again ceases, the pendulum swings back
again, and IN this way the pendulum is kept vibra-
ING, anu oy us VIBRATIONS communicates motion to
The escape wheel or other contriyauce and thence
to the clock train. One of the most recent con |
'tructions of this kind is that which. mike The
previous electric clocks, aims at being itself ner
ect time-keeper. In this arrangement the pendu |
UNI, the clock train and the striking part has each
is own separate aud distinct system of electro
magnets and voltaic battery, so that the pendulum
nay continue to vibrate although the clock train
,e at rest-the train being set in motion BY its own
electromagnetic under the regulating influence of
he pendulum. The striking part is also under the
ontroi OF the pendulum and the train, although
noVed by its own electric power.
The neurology of Dartmouth College for the mast
ear embraces thirty-three names. The oldest
auIate VINO mas died during the year is the Rev.
ne youngest one, Willard S. Heath. aged Dc. of
ne class of 1858. e1N ~ VI