The weekly pioneer and Democrat., 1864-07-01

deliberation. He thought the em;por, hox,,.
ers whose names were attached to the cali had
signed 1t hastily, but doubtless with tho 49,
intentions. He did not suppose thew raai, mI Dio' 10
tended to cripple the government and assist
the enemies of the country The hill XwoS
passed to break up the operations of gold spec
ulatOrs, and not to throw obstacles in the NOV
OF legitimate business. The speaker Referred
to instances of spectators running arOund
town on Tuesday and inquiring of parties if
they had any gold to sell. He believed this
was done for the express purpose of running
up the price of gold, and that the persons en-.
gagged in it were agents ofJefferson Davis He
then moved committee of five (of which Mr..
James Brown should be chairman) be appoint
ed to consider the whole subject and make an
appeal to Congress for such modification of
the law as reflection and experience might
show to be necessary and he also moved that
every person present pledge himself to comply
with the provisions of the law until it was
amended. He believed by taking this course,
the meeting would gain its point.
Mr.. Marcuse briefly and calmly replied to
Mr.. Chittenden. He could conscientiously say
that he was loyal supporter of the govern.
ment; and that his only object in appearing at
the meeting was to protect the commercial in
terestS of the city, which was stagnating under
the operation of the gold bill With regard to
the demand for gold on Tuesday, Mr. Marcuse
had taken pains to inform himself on the sub
Ject, and believed that it was strictly legiti-
mate Gemand He did not believe that "se-
cession" sympathizers had the least part or par
Gel in it.
Mr.. james NJ Brown (Of Brown Brothers &
Coz called renewed attention to the injuries
which the gold bill inflicted on trade, and said
that it efiectually prevented the transaction of
the foreign exchange business by their firm
Ii greenbacks had to be always paid out for
V1c 10 hon fI,1 ,itv hot
could stand the draft on it for one day.
Mr.. Chlttenden maintained that the bill could
not TO any serious extent, block the regular
trade of the city, though it would crush out the
gold specuators.
Mr.. Richard Bell sustained Mr. Chttenden's
position.
Mr.. John Thompson. of the First National
Bank, defended the law, and believed that this
agitation against it would cause it to be
amended with,mOre stringent provisions; and
that another law would be passed applying the
principles Of the gold bill to all stock opera
uon-requlrlng the payment of greenbacks,
&c Mr.. Thompson, in a most impressive
voice, and, with great earnestness of manner,
then sOlemnly WOrned the meeting that there
was power in the land greater than the mon
etary power of Wall street, and that it is not
to te trified with. A little applause and con-
siderable halfsuppressed laughter
Mr.. Marcuse received Mr. Chttenden's mo-
tloh lof thc appointment OF committee OF
five (the chairman to be One)
The motion was adopted with an amendment
that the chair have time to select the other
four members of the committee
Mr.. Chlttenden'S motion that gentlemen
present pledge themselves to comply with the
provisions of the bill, &c, was not acted on
On motion of James NJ. Brown the meeting
adjourned.
'EbernhoD,etrical Record for 1854.