The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-11-23
CITY NEWS.
Report ofthe House Bank Committee
Imporranl Testimony Aaduced.

The following report wa submittsd to the
House. yesterday, By the Committee on
Banks
NAsBv1LLr, Nov. ls, 1855.
Committee assembled o. Z O'Clock pm.
Rush y. Wallace, former Cashier Of the
Ghelbyvills Branch Of the State bank, after
being duly sworn, testified Gs follows;
Question By Mr.. Carter; Do you know Of
any liabilities due the Branch Bank Of Ten
nesss, al shelbyviile, having been paid IN
Confederate Money!
Answer: There was very considerable
amaunt paid in that description Of paper.
10 was universal usage Of the Bank 10 re-
rsive u IN the fall and winger OF 1861, and
1869. left shelbyville about the 20ih Of
February, 1852, in charge Of the metal Of
the Bsanch Bank, which [ depo tied Al AZ
lauta, on my return TO Chattanooga. until
she latter part OF February. The clerk Of
he Branch Bank az 5helbyvillc, Mr.. s. p.
Bl,kel, delivered 20 me the balance OF the
a.ssts Of the Bank, stating inst he did 80
by order Of the President and board at
shelbvville Between the 20 "a Of Febru-
srg ana lie 18th Of March, 1852 consid-
cradle amount Of Confederate money was
paid into the Branch Bank Of Tennessee, At
onetisn b. Air. Hood. AZ what tiue
were you ordsrsd b cease receiy mg that
description Of money in payment o; debts
due the Bznkf
A. NV impression is, i was between the
middle aud last Of Afrl, 1862. The rresi-
dent and two Directors came 70 Chattaneoga
tor TIE purpose OF bringing the coin 81 the
Bank from Atlanta % Chattanooga, but were
prevented from 50 doing by an order Of
zen. Lcadbgiter. who commanded 90 Chat
tonooga ut that time they then and there
instructed me 10 receive no more Confsder
are money, from the time Of 7eceiving
that instruction from the President uutIi
the month Of October. ] obeyod thai order,
and refused 20 receive thst sind Of money
from auy debtor Of the Bank. After Gen.
Buell. evacuated Shelbyyillc. and Gen. Bragg
occupied that section Of the country, 1 coa-
tnued % decline - receive that kind Of
money, until rucohng OF the Bank Boards
when 1 was instructed 10 receive IL. That
was in the fall Of 1852. When Gen. Bragg
iell back 70 Chsttanooga IN june, 1865. /
went back, utill considering myself the ems
todiEn OF The metal Of ne kauk. Ii the
tan of 1868 i received 1000 from a debtor
o. the Bank the payments we're made 70
me in an Informal manuer. The notes and
bills were az Chattanooga, with the other
assets Of tho Bank. gave receipts, wher-
ever and whenever che money was paid
some OF Them were paid to the attorneys Of
the Bank some % them were paid 10 me :
some " rs paid at Chattanooga. Mr.. Fisher
received aud credited 20 the Branch Bank
orTennessee, &c Shelbyville, the amount 81
some, on his own responsibility. lreceiTed
very httie. myself al Chattanooga. think,
drsi. the amount Of Coniedoraie money re-
eeiyed in this way, was Sieo ,000, sud no
more. cannot state positively, however.
Ths books of the Bank viii show Monies
ptid 10 the attorneys o. the Bank, were
P,id while suits were undecided some be-
e'J, and some sitter judgments were OBJ
alsd. The debtor parties rcver offered
sly cher kind Of money. The feet was,
o. psaple we're importunato 60 pay, because
thsy stre compelled 20 receive ct.
Qasdu hv Mr. Hood. Were ary dis
eouns uade by the Branch Bank in this in
iofuisl manner.
a. Bu. one. 50 far as remember. A
PHI Of si.loa was discounted Tor J. Y. hee-
pc. z sas done 10 was done by order Of
Ne President, after consultation with the
bosrd, IN The spring OF 1865. Z gave 8
eheeS for proeeeas Of same, on Mr.. Fisher,
tnsa a. ChattaucoEa.
While Ia Alabams, in the Confederate
lines, received from NJ. Moore, of Lincoln
county, Tennessee, debt OF sou. My i'm
Preston Is that Mr.. Fisher surrendered Mr.
Moore bill 20 him IS late Us shout Fehrua-
~, Uses. Dr., Baird came out from Win
coestsr, ana paid two notes, amounting 10
a.. 10 $1,000 received 10 very reluctantly,
and gave him q receipt for TIE same. he
Nes endorsed % the uotes. Wiachestsr
Va then within The Eederal lines.
Question BY Ar. Hood. Are there any
ether Instances an your knowIedgs, where
HHnn 49, NJ M HH
topey Indebtedness % the Bank
A. lu lst2, some pa-tle. came. or rept
OUT some were Faiai isV ihousand dollars
we're thus lid
Question by Nr. Hood. Have Won any %
he notes, snd bills paid In the u,appg- ,,,,
have indicated ahovcf
A. I have many OF such notes ana b,1,
IN my possession. The books OF the g,plr
a5v here vii skow cve-y transaction.
b. Can YOU ms6e out 3 list. 0- ststerpent
Ct the deb ors Of the B snoh In bills. o.
notes, wlo have paid in Con ejerate moaev?
A. can do 50, blythe books. Here The
NouaHiJ'ee by vote, directed Dr. Wsllacc
% make gu, such g statement
NasuvuIr, Nov. 10. 1855.
The comlntiee nets o'clcck p. H.. Nov
10 IN the tammiJige Room.
~ p.eEey sv0rn Question, by Mt
.sE lhleI il-,lou had rcschoi the Com-
2ieiee on beaks, hat certain notes due O
we Bank 81 tcuncs.5e. had been DISCHARGED
ty paymcutin Coniedsr,ts ~. ~, p, Al, ,-ol,
AnoN oi any such psyIae-t-a
ar ID caey oeiocted 4, --.,,-.-s,,,. - +.
saeaeon' o. the grou13 usi ~ 49, =, ii.
S.'el pariy "a might or.r,iv.,.. n .,-,s,'f
.le Nommlttee, alter ea-..5---. -.
eea saat ne question yyss a - NeN'
en@s Nf. uickcy o. rc2u red 10 -. e--1' o'-N
enaes protest Mr.. lsckcy au,e'1et'
a 20 Tar a. otaers are co,er-,...s
10. s. ,A 'ep' oy rstnor. Sc ~. ~
sell an eooee1ued, have si.ch.- nay
debts aae 10 ihe Bank OF rsrBe,se. 3, ;, ~
irderate money. ~ N1n'
Question BY Mr.. Wines H,y. 49,. d.
charged b. the Bank 81 rrpp.....' H. IS ~
isdersie money, by or through Al - = ~ = Z
A. 2 employed an scent % ais,bsr-. -.
tudeotednesa % The Bank Of Tepne...ss,' - =.
don't know IN what manner. o- va :. !.
money bot pndesstood Il vas viii -
90 M Bsuk. ~ =
tgsatg va IA
4. osPL p q Mitchell
Ss ...s By Mr. Wines. Did you recei,
tesn. '' q oTaera
S''ssl's y NJ. Nunsy. wSsa 8,