The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-09-29
The resolution was adopted after astOrmy debate
and the following gentlemen appointed the commit
tee called for In the resolution

A discussion then arose az to compelling the men,
bers OF the Board 70 make their respective state.
ments, while others loudly called for Oh adjourn.
ment.
Mr.. JACKSON, after some difficulty, obtained the
floor, and amid great confusion proceeded to say
that he thought everybody had their statement now
made out. Every one had their statements and re-
turns just they were sent to the bank and If they
met in the Gold Room that evening and struck q
balance Of the gold due them, and all matters being
put to rights, he ventured to pledge that the
Bank OF New York would receive their gold
and currency, in the morning, when the balance
would be made out, and pay. II they wanted to
make q statement this course was open. Now he
sincerely believed that there some who did not
want to settle at all-(cres Of Fright" "Right'D-
but he felt confident that II every one made out his
statement and operated In the working the mat
ter would come to satisfactory termination. TAP.
plause) He was proceeding to move a resolution
when several members stood up to speak, and In the
alarming confusion nobody was heard distinctly.
A VOICE Il move we adjourn Cries Of NO."
NO." 1--WE have done nothing yet" "What did we
come here for P' and other similar sentences.)
Mr.. COLGATE-Mr President, say, Mr.. President
(cries Of ''Hear him." "Order," "Order''-the only
way-I see only one way to settle the difficulty.
A voIcE-What is ita ("Order," "Order.'D
ANOTHER VOICE. move we adjourn. Confusion
ana cries OF "DiscUsslon.'o
Mr.. UOLGATE-l see only one way to set matters
to rights. and that for every to attend to his
own business. (Ah," "Ah.'D
voIoE-You cannot do that; no one can do it,
('Order,n "Order.'D
ANOTHER VOICE. move we now adjourn. cor.
dern "Order.'o
Mr.. HoDGKINS-Dont let US 60 of in excitement
We are business men We are not through yet.
Mn moi hpfn n plpo in lie
TO adjourn. loud cries Of "Order" and general
confusion.)
MIR. HoDGKINs-The motion Is Withdrawn. Shouts
OF "Aye, aye.'D
The CHAIRMAN (hammering)-Are you chairman
or am ~ IA slight pause
Mr. HODGKINs-The motion to adjourn has been
withdrawn. t"Aye, aye.")
VOICE. withdraw the motion.
member now proposed that the meeting should
90 to the committee room and discuss the matter.
Some agreed and others dissented. Confusion was
the result.
voICE-There is some doubt whether the mem.
bers Will conform to the resolution just passed.
ANOTHER VOICE. offer resolution that the Gold
Exchange stand by the action OF the committee.
Mr.. JAcKsoN-Mr. President, wish to say word
or two. r'Order.'D
The CuAIRMAS-we have a motion before the
the action OF the committee. Cheers and cries Of
question: "Question."J
Mr.. JACKsoN-I have only one remark to make,
Mr.. President. Great confuslon
The Gu AlRMAs-The motion before the house is
("Question,n Question. '1-are you ready for the
question:
ALL lsimultaneously)-A
Mr.. JACKsoN-If the gentlemen will send in their
statements they will see all transactions Will be
quickly cleared. The committee only want to do
their work. tCheers
A voIcB-How can they settle their balances at
the Gold Exchange Bank. ("Order," "Order'D
The Chairman then put Mr.. fuckers motion that
the Gold Exchange stand by the action OF the com.
mittee, which was carried unanimously.
voIcE-Mr President, move that we do now
adjourn,
ANOTHER VOICE. second the motion. Great
confusion.
Mr.. EDwARDs-l move, Mr.. President, that the
committee 60 up stairs and proceed with business.
rousing debate ensued as TO whether the com.
mittee appointed to make the clearances should
keep open 10 ten or twelve O'Clock the following
day.
vorcE-we can state by ten O'Clock tonight
how matters stand.
member stated that as many OF their clerks had
gone home some OF the members would be unable to
make their statements.
AvocE-l want to move resolution that every
member who fails to put In his statement Is declared
failed. tCheers.)
The CHAIRMAN-The question iswhether the com.
mittee will keep open to ten O'Clock or twelve.
tCries OF twelve oclock.")
Twelve O'Clock was the hour decided upon.
motion was then made TO place Mr. OSBORNE on
the committee instead OF Mr.. Heiser which was
adopted.
MExBBR-I move that committee OF Ave be
appointed TO walt upon the Gold Exchange Bank
and find out why the remaining statements Of Thurs
days business ore not settled. tCheers
The resolution was seconded. ana having been put
TO the meeting was carried unanimously.