The south-western. [volume] (Shreveport, La.) 1852-1870, 1861-06-19
Southern Bank Convention.


Southern Bank Convention.
THO hapl, convention OF the southern States met in
Atlanta Ca on the Sd instant. Delegates from Ten
nessee Georgia, South Carolina, Alabama and FLORIDA
were present e. B. Lamar, of Georgia, was chosen
president and James S. Gbbes, Of South Carolina sec
rotary.
The following letter from Virginia was read, and
ordered to be entered on the minutes:
FARMERS BAfK or VIRGINIA,
Richmond May 30,
sIRt vas tic wish Of the banks Of this city to be
represented your convention and delegates to Il were
appointed. just now, however, the enemEls supposed
to design nroads into our State and there is natural
unwilngness upon the part of us all leave homes
For this reason alone bankers will not be present
participating in your deliberations
have the pleasure to say that our bankers are M
pressed with the importance Of arrangements put
currency Of the Confederate States upon footing as
near as practicable Of equality They prepared to
acquesce in any judcious to that result and
may be expected to assent to any arrangements sane
toned BY the convention and concnrred in by the banks
of the other southern States.
Should the convention for any reason, decide to hold
an adjourned meeting it will give pleasure to our bank
ers to unite in this conference.
am, with great respect your obedient servant,
WM. Fl. MCFARLAND, President.
To the president of the bank convention Atlanta ia
Mr. Trenholm, of South Carolina, then presented the
following communication from secretary Memmlnger,
CHARLEsroN May 81, 1861.
To the convention Of the banks of the Confederate
States Atlanta:
CENrLEMEx-7 regret that the exigences Of business
prevent my attending your meeting lam not informed
as to the objects which are contemplated further than
by the statement in the published call Of the convention
Desiring greatly to forward the object statcdin the call
have concluded that the best mode Of urtherng It IS
to inform some members Of your body of the views and
fiscal plans Of the government and endeaTor to har-
moniSe youracton with those plans. to this end nave
conferred fully with Mr. Geo. A. Trenholm, of Charles
ton and have requested him to present those views; and
feel confident that yea will find Eour wishes, # not
anticipated least essentially prootedbythe arrange
ments already made by the government 1T will be IN
YOUR power add to the financial credit OF govern
mcnt and feel assured that you will use every effort
to advance this great object Permit to add my
srancc that you may rely with equal confidence upon
the government for hearty cooperation IN every plan
which you may advise for securing the public and pr
vate interests OF our people,
Very respectfully, your obt servant,
G. G. MENMlNGER,
Secretary Of the treasury.
After the appointment Of committee to prepare
business for the convention, and the presentation of
resolutions &c, the convention adjourned till evening
At the evening session, Mr. Trenholm submitted the
following report which unanimously adopted and
afterso furtherp ceedngs, the dourned
to meet in Richmond on the 24th OF July.
Report Of the committee of the convention OF banks
at Atlanta June B. 1861.
The committee beg leave respectfully to report that
theg have carefully considered the several matters re-
ferred to them by the convention, and recommend the
adoption Of the following resolutions, which emboay all
the they would advise the convention to adopt
at present
Resolved That this convention do recommend TO all
the banks III the Southern Conteeracy to receive in
payment of all dues them the treasury of the
same deposit, and pay them out again customers
That until tile said treasury notes can be prepared and
issued it be recommended that all the banks do agree
to advance the government III notes such sums
sevealIy may be agreed upon between them and the
secretary OF treasurythe said advance to be made
the deposit with the banks of Treasury Of large
denomination on 8 per cent. stock or bonds.
That all the banks in the Southern CoDederacy are
earnestly urged to take immediate action the fore
going resolutions as measure Of the greatest impor
lance to the government and the people and comnnn
cate the without delay, to the secretary OF the
treasury. at Richmond.
That be recommended t4e railroad companies
in the Southern Confederacy to receive the treasury
notes in payment of fares and freight.
That the legislatures of the several States do make it
ceige the treasury notes in payment Of all and all
other public dues.
That all the States cities, and corporations having
coupons payable in the city of New York elsewhere
in the enemy's country be requested during the con-
tnuance Of the war, TO appoint some place Of payment
in the Confederate States, and TO give their creditors
notice OF the same
That the committee recommend that when this con
venton adiourns dounto meet the 24th of july
next, at Richmond Va