The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1866-06-20

AT meeting of the Stockholders of the
Bank OF North Carolina, held in this CITY on
Thursday last, the following gentlemen were
elected Directors:
Geo. W. Mordecai, Charles Manly, B. F.
Moore, John II. Bryan, E. B. Freeman. 7. II.
Selby, j. W. B. Watson, w. R. Pool.
Hon Thomas Bragg was appointed State
Director, and Mr. Battle, the Public Treasu-
rer, is Director er-cfteio.
AT meeting of Directors, subsequently,
held, Geo. W. Mordecai, ESQ.,, was unani-
mousay elected President of the Bank
ySentisel.
The Bank of North Carolina is an institu-
ton in which the people were at one time
largely interested Some five hundred thou
sand dollars of the school fund.- and one
hundred thousand dollars of the University
fund were invested in it. 1t was the guar
dian also of a large amount for old men,
widows, and orphans. For time it was
well managed, but it was at length swept
into the war channel and became subservi-
ent to the central despotism at Richmond,
and the result was the total loss of all the
stock, and the loss of three-fourths of the
means by which the Bank was pledged to
redeem Its issues. This reckless and silly
Hnanciering, which was the result of the
subservieney referred to, was adopted and car
ried forward by Messrs. Mordecai, Bryan,
Manly, and others, who have Just been
placed at the head of this Bank and it was
opposed and resisted by b. F. Moore, Esq,
then Director, and by Jonathan Worth,
who was then State Treasurer Under the
orders of the President the Provisional Gov
ernor recognized this Bank, and placed it
not merely in the hands of loyal men, but he
excluded from its Directory all those who
had deliberately aided in involving the in
stitution in bankruptcy. Mr. Moore, who
was then sustained by Jonathan Worth, was
made President of the institution. 1t is un-
necessary to do more than refer to Mr.. Moore's
peculiar fitness for the position. He has
managed the affairs of the Bank with great
prudence, sagacity, and ability, aided by a
Board of loyal, intelligent Directors; but Mr..
Moore is decided and unwavering Union
man, and he voted last November against
Gov. Worth for Governor. That was enough.
He is prescribed, and Others, his friends, are
proscribed-and for whoml Why, for the
very men who involved the institution in
bankruptcy, and whose devotion to the Uni
on does not deserve to he mentioned on the
same day with that of Mr. Moore There is
no complaint that the Bank has not been
well managed during the last twelve months
That is admitted on all hands. But the
Presidents work of restoration is deliberate
ly undone, and loyal men are prescribed, to
make room for ultra war men-Vance De-
structives, who insisted on fighting to the
last moment, and who are responsible before
. God and man for all the suffering and all the
horrors, in this State and elsewhere, of the
last year of the war.
Ex-Gov. Bragg, it seems, was appointed
State Director. This is another proof, we
suppose, of Co.. Worh's Unionism!
We respectfully invite the attention of the
President of the United States to these facts.
His own appointees for these appointments
were madeJor him, in his name-are turned
out because they are Union men, and bloody
secessionists and war ore put in their
places, and that too while his plan of resto-
ration is still uncompleted, and while 1t IS
undergoing the most rigid scrutiny by Con-
gress and the country. 1t is also intimated
that it is Gov. Worth's intention to pursue
the same course in regard to all the State
corporations. There is to be no recognition
of loyal or unconditional Union men. Gov.
Worth thrusts them from Office, as II he
felt what many of his partizans say, that
they ought not to be respected or trusted,
= because they scers nat true to the Coyeeleracy;
and his organ, the Sentinel, announces in the
most dominccring and insulting manner,
that Gov Worth does not want the support
of " straitest sect Union men. 1t is repor-
ted that Josiah Turner, Jr., unpardoned
rebel, or q. B. Vance, unpardoned rebel, is
to be the President of the North Carolina
Railroad. The former declared, in his har-
argues for Congress, that he would not vote
for Andrew johnson to save his life; and
the latter still cherishes the most deadly hos
tility to the national government, and longs
for an opportunity to strike it down.
We may refer to these matters again.
The result of the Oregon election remains