, 1864-02-27

As consequence Of the rebellion, the banking
system Of the West became totally disarT.need,
were | based on Southern stocks, which then suffer:
suctuaton 10 in 1he pr1ec Of exchange, and the mar
a1enty | ereat Al loses entailed upon those doing bu.
s1ness. The 1alhonds and the banks cecil had
their lists specifying the depreciation at which
day they would be worth ninety cents on the dol
lar, and the next not over BeTenty. ADVERTISE
ments wcze published daily containing the names @
would be received, either in deposit or on pay
ment. These lists had the appclation Of "Iong
nst'' and "short lfst'-the latter containing the
names Of all banks whoee notes, based on largo
proportion Of Northern stocks, were taken at par
Or q elicht discount, while the former comprised
those whose circulation was based on southern
ztocke. The excitement IN the city was immense:
Exchange sold at seven to ten per cent. premium
for .ehot list, and es high as any per cent. for
half per cent premium.
The Board Of Trade took up the natter, and U
conjunction with city and country bankers, ,3d arc
he 6qeincss men Of The city, meeting WIS held
eentcd 1cpo1t, eisinssp he lss'' Il ths rarioas
banla, and stating the 1stes at which they would
sh VIZ ps1ss onE moa e nanes
Ha!ness and Stephen clary, the report WAS
xE AND MONEY nA1aEp.
On the 18th Of April 81, the President issued q
call for =, CO.. men, and in obedience to the call,
| recruits and volunteers came pouring in from al
the sta1es-fsom the most eastetlv corner Of Maine
Immediately began to EiEd on the sword. A Union
Defence Committee, OF the citizens was formed
and thoueauds Of dollars were subscrtbed. The
board Of Trade subscribed the sum Of s., ,o0. pars
OF which Eas raised b. private subscription among
the members, aud the balance from the funds o.
The Board endorsed the proposed issue oftreas
ury notes, and telegraphed to the Stsse Repsesca
should pass the aonse Immediately making them
AZ act having been passed by the State Lccisla
tu1e, entitled an act to eatablsh general system
noia the Board as the center Of commercial actvi
ty OF tho State, passed resolutions condemnatory
Gfthe sa1d act, as it tended to the aggrandxemcn'
Of the commissioners and their friends In prefer
| ence to the general welfare Of the people.
The Committee On the Reciprocity Treaty re-
commended that the following memorial be pre-
seuteu to Congress: "The Board Of Trade Of the
city Of Chicago, Ills, would respectfully remon
sIate against any action snspena11ng or lepeaainl
Britain, known as the Reciprocity Treaty, belieE
ing that Its repeal OF abrogatiun Nould materially
| affect the producing interests Q! the Northwest
On the 1sh Of February, 1865, the glorious victor.
md Capture Of Fort Donelson, was announced q
Change amid cheers md congratulations; Rcso
luttons ct thanks md esteem were sent to the CON
mandinn officers and their commands for the glo.
[oGs y3cter! achieved and also to Batteries ant
they toos In the battle,
/ a memorial to Congress praying for the enlarge
meut Of the Illinois md Michigal Canal was re
4oiyed a upon, y nnd somm.ttee appointed to 60 Y
b1n providing for tue lmr rovement.
Tux oATn OF ALLEGIANCE,
! In April, 1881, the thirteenth annual 1neet.ns
was held, 1t which time the IiRt Of memhprahIj
comprised 0sa nanee. The election Of odlce1a Re