, 1865-11-30

c.o,- c. pta; Asked
Cox Cox couut2 c scin sis'ifi5,Gi.. f5se. u. 90 m" 6"-
Cook County Scrip. Feb. '65....--.. :. ass{
ousatusday Inst Chicago City scyrns Municipal
Ne-c sold ut 1sc
Tho following communication, commenting on
paragraph which appeared IN this column fer
days Finec, wcs published in the Davenport loeu}
Gastht:
Editors Eaxctte:
the Chicago TRIBUNE Of Friday Last, sta;esnent n
the s5t inst which + much at vnEance with
not only to tic haniess ct Iowa, but also to ihe
in the hst p!acc. H. Price, rresidcn: Of The State
REPRESENTATIVES Of DE several branches Of hc stsie
Bank Of Iowa ior she pu%spose % q des.ro5laG wha:
4 lew pcrrons Connected with Nntional Bsnk. fp
Iowa. outside Of the State Bank Of Iowa. thonght
the part Of the National Banks Of the State with
my o,hcr sulect of in,cses. to the BANKING inter
Accordingly On the day named, five persons be-
side thote WHO were here for the purpose OF des
t1oStne Slate Dank circulation met for consultation
a. before named.
An organization vas effected, and officer. elected
and an agreement tnade to meet In this city once
year, the thtnl Wednesday In June being The day
R*GSNA2AN4
conrnltation and concert Of acton on many qnea-
ttuns affecting the Interests Of National nanEs-n
The only retolntion adopted having any beartng
| Rtso&Etd. 1hat this Convention cordia1y endorse
the views Of Secret1rT Acculloch IN fnvor Of
be erected without a 100 serious arrangement Of
the husfnesk Of 1he country.
The officers Of the association are.
! rrcsident-t1nn. 5. A. Eirkw0od, foxa GatY.
Pic PIesident-R. 4. Babbace. csshicr, Du~
buque.
1feasurcr-Ia NJ. Clifford, Cashier. Davenport
seuetag-B. b. Woodward, cashics, pasen-
pur. ~
November Is, 1866.
The information on which the paragraph which
appcared in the TH1ErxE was baaed, came directly
from two Of The bankers who attended the Convcn-
| ton In question. AZ the correspondent, whose
letter ne publish aboye does not deny that one Of
the objects Of the meeting was to engineer the r..
peal Of The charter Of the Stale Bsnk Of Iowa, -
that the National Danks may be enabled to c1s1gc
10 Per cent per annum On loans, instead Of 8 per
cent, Is at prese.t we presume there IL some truth
IN it. At a1y rate, the mattes was talked oyc1 and
II no direct resolution passed on tbs subject,
our trfosmants left with The impression that m uu-
derstandin: had been a,Yired 1t between The Ma
tional Bankers and the Board Of Control oi the
Stale Bank @! Iowa. BY Wick TIE rate Of intersst
would be ecvanced to 10 per cent.
We notice that neyeral parties are ADVERTISING
to lake Government securities On deposit and to
pa5 19s PEI cent per annu1u for the privilege. We
take this opportunity Of cauttoning the public
against allowing their bonds to 70 ont Of their pos
setEiou In any aueh manner. or course the only
object such parties c4u have Is 10 borrow money On
these securities to lend again 10 other parties at
higher rate Of interest," Or 10 specnhtc with. Those
Who lend fccudttes In ruy such manner, need not
be surprised 10 end some morning that they a.e
lost or forfeited.
The following table stous the csruinca Of the
Gssat Western Railway Of Canada for the week
ending Nor. -:
PnefcrEctt. OBSERVATION-DISCLOSURES. eE 10
FTetcat and Lire Stock. IS, 3e9 IS
a. -. L.