Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1861-06-11
Fro.I the Atlanta Southern Confederscy.l
The Bank Convention.
ATLANTA, Monday. June Sd, Isl

|
ATLANTA, Monday. June Sd, !S6l.
The Bank Convention of the Southern
States met at the City Hall, and was called t
order by Mr.. Cohen. Of Savannah. who nance
Mr.. Holmes, of Charleston, for temporary
Chairman, which was adopted by the body
and Mr.. B. G. Lamar, Of Savannah, was choser
temporary Secretary.
On taking the Chair, Mr. Holmes said he
was, perhaps, not thoroughly posted as to thu
object of the Convention, and hoped some del
cgate from Tennessee would inform them or
that point.
Mr. Wicks, Of Tennessee, replied that he was
the only delegate from that State Unfortu-
nately the Governor of the State was not astho
rizcd by the Act Of the Legislature, 10 fill va
were appointed had gono into the army and
could not leave their commands to attend the
Convention.
Mr.. Cohen, OF Savannah, suggested that all
the delegates present come forward and enroll
their names The States were called and the
following delegates responded:
TESNEssEE.-Moses J. Wicks, Bank Of Mem.
phis and Bank of Chattanooga
! GEoRG1A-R. r. CuyIer, Planters Bank OF
Savannah; Solomon Cohen, Bank Stat. Of
Georgia; r. Roberts, Merchants and Planters
Bank; lsnac Scott, Bank Middle Georgia; w.
S. Cothran, Bank Of Empire State; A. Austell,
Bank OF Fulton; W. H. Inman, North-W estern
Bank; G.. B. Lamar, Bank of Commerce; W.
T. jackson, Union Bank; Alfred Baker, Ne
chanics' Bank.
Sourn CARoLlSA.-C. N. Furman and c. T.
Chamberlain, Bank OF the State Of South Caro-.
lima; Henry Cabia and q. ". Williams, Bank
Of South Carolina; W. c. Bee and Robert
Murc, State Bank Of South Carolina; Wm B.
Smith, Union Bank Of South Carolina; D.
Rarenel and Jas. j. McCarter, Planters and
Merchants Bank; J. X. Sass and G. a. Tren-
holm, Bank Of Charleston; S. Rose and Jas. G.
! HolmeS, Southwestern Railroad Bank; John
S. Davis, Farmers and Exchange Bank; d. L.
Mckay and James L. Gibbss, Peoples Bank;
VIM Godfrey and Allan Mcfarland, Mer
chants Bank of Chcraw; j. G. lIenning, Bank
of Georgetown; Geo. $. Cameron, Bank Of
Chester B. D. Boyd. Bank Of Newberry
ALABAMA.-J. J. Donegan, Bank of North
crn Alabama.
FLoalDA.-A. II. Cole, Bank of Fernandina.
Virginia responded by letter, which appears
! in the proceedings.
The following were appointed committee
on permanent organization-each State select
| lnS It's own committeeman
Georgia, Mr.. Scott and Mr.. Roberts; South
Carolina, Mr. Trenholm and Mr.. Cameron; AL
ALBANIA, Mr.. Donegan; Florida, Mr.. Cole; Ten.
nesscc, Mr.. Wicks.
The committee retired for q few moments,
and returned with the following recommends.
ton, which was unanimously adopted:
For President, e. B. Lamar, Of Georgia; for
Secretary, james S. Gibbes, Of South Caro-.
lima
Mr.. Lamar thanked the Convention for the
honor-said he was unused to presiding over
deiberativc assembiics--cravcd the indulgence
Of the body, and said he should endeavor to
discharge his duties to the best of his ability.
The following letter from Virginia was then
read and ordered to be entered on the minutes
FARMERs BANK OF VIRGINIA,
Richmond, May 30, 1861.
SlK-lt wos the wish OF the Banks Of this
city to bc represented in your Convention, and
delegates TO it were appointed. Just now,
however, the enemy is supposed to design in.
reads into our State and there is natural un-
willingness upon the part Of US all 10 leave our
homes. For this reason alone, our Bankers
will not hr present participating in your de-
iibcratonS.
have the pleasure to say that our Bankers
are impressed with the Importance OF arrange.
ments to put the currency Of the Confederate
States upon footing, as near as practicable,
Of equality. They are prepared TO acquiesce
in any judicious measures to that result, and
may be expected to assent to any arrangements
sanctioned by the Convention and concurred
in by the Banks Of the other Southern States.
Should the Convention, for any reason, de-
eide TO hold an adjourned meeting, it will
give pleasure to our Bankers to unite in this
conference.
I am, with great respect
Your obedient servant,
WA. II. MAcFARLASD, Pres't
To the President of the Bank Convention, At
lanta, Georgia.
Mr.. Trenholm then presented the following
communication from Secretary Melnminger,
which was ordered to be entered on the Min
utes:
CHARLESTON, May 81, 1861.
To the Convention of the Banks Of the Con-
federatc States, Atlanta:
GENTLEMEN Il regret that the exigences Of
business prevent my attending your meeting.
am not informed as to the objects which are
contemplated, further than by the statement
in the published call Of the Convention. De.
string greatly to forward the object stated in
the call, have concluded that the best mode
OF furthrring it, is to inform some members Of
your body OF the views and fiscal plans Of the
Government and endeavor to harmonize your
action with these plans. To this end have
conferred fully with Mr.. Geo. A. Trenholm, of
Charleston, and have requested him to present
those views; and feel confident that you will
find your wishes, if not anticipated, at least
essentially promoted by the arrangements al
ready made by the Government 1t will be IN
your power to forward those plans and to add
to the financial credit Of the Government and
| feel assured that you will use every effort to
advance this great object Permit me to add
my assurance that you may rely With equal
confidence upon the Government for hearty
cooperation in every plan which you may ad.
wise for securing the public and private inter-
ests Of our people.
Very respectfully,
Your obedient servant,
c. G. MENMISGEg,
Secretary Of the Treasury.
The following committee was then appointed
to prepare business for the Convention, to
whom the foregoing two communications were
referred:
Mr.. Wicks, of Tennessee.
Mr.. RaYenel and Mr.. Trenholm, Of South
Carolina.
Mr.. Cuyler and Mr.. Jackson, Of Georgia
Mr. Doncgan, Of Alabama.
Mr.. Cole, Of Florida
3Ir. Ravenel announced that each Of the
Banks Of Charleston had passed the following
resolution:
Itesolrel, That this Bank will credit the Sec.
retary Of the Treasury with the sum of one
hundred thousand dollars, at the rate of per
cent. per aunum, secured by large Treasury
notes tn be redeemed by small Treasury notes,
and to be convertible into per cent Bonds Of
the Confederate States, at the option of the
holders.
Mr.. Holmes stated that there were great
many Bonds Of States, Banks, Railroad Com
panies Cities and corporations. whose inter.
est was payable in New York He suggested