, 1869-06-29
MONETARY AND COMMERCIAL
MONETARY,
M0SpAy EVENING Iune

"se- ioe uea ips AeIomnaooAtHas ae1'e'
~ ~ sue sAe se.aus ~ ~ .unasoH .wen asF
pAe. W. A!L ~
p'vaoee sAe r.spea eou11*ase ee' aun'tnu-
1As wv o'.usA u currency Nety Aen ~ aul
"! WV. go .1 = No414o& III 'teto uAS eo-n
II! : .nsn amx hens ous
49,. - ~. , y na, "na sae1 seo oAIAa ~
80 ~ -. - ~ sl:vVo' Ana rAe oA.A Ha1
~, -.'s .s,..,.s :. 1s4sS 49,. ~
ae-,. s,.,,s 80 H.Ifk eu.1usy ~ A
~. - sss.,, =. ,,es.,u
sra h,,...- 80 ~ !. N t,.se,rt - S.~ve.t ..1 =,
~ -. p..s. .c - s Wv A's" NSA'' "AN -
~ cs-.N.s+. o1." .., .s,.. ..z,o .,,,.
49,. =. .. os'N ~ -" ~ - 80.
=. - ~ .A.enSs s~, ~, ."s - - VIC
s..t. P4NH PaJAN. W ~ .oo.4-s -, s..".. A -
l! AANe Nno N.uA - sHN esN.. as.H+a
~ tr,SsN ~ 49, - 49,. es.s..h,s n,.se
y. uH S>.AA1es % Ae0 f"'e'"0's ~ '1'e1e
p111ss - 'ot t~ss oon4s
sse oN.A AkLE aaea
W. ssee s.s1t - -. -
~ ,.a re- a,..s,, - ~ 49,
,,n .-s..,.t aa.se a1s, nn.,s.. ,n 49,
~ ,a....ta ~, ...a..s.s ~, -
~. -. ts-., N4sl u Hols .AS -. f.e 80 ~
,eo ~, p.os,e.s ~ ~ - se..M, u..
us, ~ ~ - -. 49, 80. ~
- =. ~. tsssa.....so,
...., -. ,a..., .,sts.
Aens " p1oaE ~ 'esa't1a nns osn sou-uoa
-Aou, = u. - - VIZ ~ ue ~
!.s .A!"A saP't0as " 49, 49, Nv ,.sa- w
f,fr''.,. faf'' - - - . - - - - - -.
Vs A .,..se. s fAA-- " '-A@'
.to.. -, 1.st -.-osr ~. rn,, ,,,.,,a IN ~.
.-.,,s, ~ - s,,h NM oon s..~ ,n.,at,
e ~ ~ M ns,1 s,atrss ,.,,sd rsrtfn-.,e.
80 Sn Too !, ~ owneesh,n ~ ~ 1ntsr,-
ue @@'o'1,o 4H ~ o"o4S.Nt ~ 1e so'Hn~
mens. The colTenc1 naianee Il he
aaIne date Was 10 foo1,oto, against fs,6e4+
ooo on April l. showing an
aosol Poon - ttc .teA@@.s ~ W. s-7VeHae" -
the ias' elRa' week, wolca aiap'e reason iol
the sirogeocy in The Eas;ctn money markets, ani
which would nave been severely felt here bus ror
~. n,.r ~ =, r-,,rr ~ +bn wne, IN ,nnr. Grain
'T TN ' . nsnss Of the rn,ted @ srsSes nela
convention Ii New iorG city On tue s3d- Ipr inc
paJpokt OF organizing an association through
which the banks tn ali parts OF the country nssat
oe.-.-- ~ ~ 80 ~ s.-..ss. .,s.sso. ~ :.
tiers pertaining 10 tne1t eonuon Hi-est 1ne
NJ, arsrr STATE and ne2msnrnt organtss,,on
-. .,r..to<s NJ, =. ure,v ~ syrntnsft tr.w to
wa eAeelE'! "h'eu " - w-.,, 49,.
= l2rEe PORTION Q! IL lie HAAonA bsakS
| In the country, from which II Will be Seen
,tal ,ul. b. an Important event, snd tia: the o..
| -,t-,.t,, l.. o,o uh,rb m. = ove,rl,c = ore,. tr
-SN.. ~ ~. ~. ~. ..,n- .s.1s.'n =, - :.
naence o.ef Ihe anances u ever! see1on o. tne
coaH1ts, tnc Fos''.op. aseu 10 sae eNNs -.
pressed ~ .Gese eou,eaeo oauAE.a ~ IesA1a ~
tne cas1eaes hna ue iGpuoa -. ep@io
patmens Ae 'eon's AHa Ie' u W. ~. -. oass
| stItkt TIE fea1er Al sometH!nQ tnlft4y oueftnI
1roca ,hc Etterances on thoee subjects et The
sertrs, commercial Conventions during the past
gear. We clip the two following paragraphs from
1 the opening address OF tue Chairman o. Tue con
| venttou, Eon- Z. G. sp1u.cing, Of Eunaio:
n,.antzst1cn. which viii I'D tn reffec.trC i6e sys.
tesa and VI TT Is possible accomplish tie benen-
| NtAA 43*FeSS-
arti trom.t r..icmptiuu Of IhtIr avn raeocy h
na ~ .,re1 II Il W. o,,yo1l, ttat ne enn
mas hs1Ea e ans .s scfs , .s ns,o5s e
Up;taJ a!d aud co-ofe satien By al parties IN &C.
cun,nlI. .hinc that result. =
"hs soon & aa kpse.e pa5sa,s a afe IRE re- iesameu
( to throw open the bank laM aud make It free ID
Ill Banks would then be estab1I.acd where the
Seeurr the bjllhoder perfectly, require prompt re-
demnt,on IN r[,1n. Wltn ample fcsources tor thaI
pnIrnse aad thc IeqnEeens5s Tn OF @ S9slnsSs ~oale
49, ho Sa:,y,aIs rhis "a d,frn,t Hnest1an 4
nnsTer II Ihe SuprcEe Court thonid decide nc
,nEGa,1ent nnen She Eentnskv casel wheh has iet
rt.n.a and sunmtt1.i Il Wnd cono-.l return Il
snsots naymsnta ns au eariv da1. Hnt II no saci
1pttln tas y ,aa - :, rr ~ yncar.,n txS,es -
snTnttnn susG1stpn - iii ts}e n,arr 1 "
tFrT II" ncrn1anent organization @. the asso
| Att11 - =, - n,rts - s,-
c1auon. aon' l. A. loHlo!' " aaooAos -. !.
who Kas elrcied President, made an aadfesa
| from which We select the following remarks In re
| -, ~ ths =, ,r.,oa1 r,,rrenrr sys,ern.
ea1 ~ y IL nnT nsrfert i. mt the 1sn,t of thos
rn, nr9cina,es ~ tnss II /. MOI n@rfectcd IL III
ny VI ~. t.,ta. .t.A1r ~ ~, ,ha N.etons
IanN o. .oe uae!on VIZ -, 81. ues .HT ~ naau1
5o'tInnras Aa5.e,ras T. * 49, ..aI5.4a 1
ene, mo u he :" commercial M World and 1he Eslons
banking afateta anesns to-oa5 hne ~ macmu.5 ~ n,
tne anty - et t,ent91 n.e ~ ~ sntnc
tk1g rye hoeR seasoFe nsne .aS aaGoa -, z !:
naGs5 ~ 1as oS 1sxes ~ 1saae n. a3a ~ oeTs ean n
unsn u9m a. Esv 9hto, isis roasurnation 20 deyouti
~neu u - sn - .,nc,s s% II insu};, rwaits n
!So-a ae!S ~ - ,orai naNnie tnh,nT. eTrrrssinn I,
,stttnttnns, fo1ms ffEnno1 ~ Scts1tiSe sset1
~ " ,,rs. va, - 1rdee, N Nv
u4Sa, ea rsasna- - @ II - C-aenh4ets nr mid Wh,{
a. lnons3' ets,tI - st ~ e,orar,Innnf for q
eFe1 en1 ~ " !. sna S.ens ~ ths is1a
t11San; @ ~ ~ tedemntian Those en- la:enssiy Wn,
neness onx ,1.stnst aavessr et1hct u rne TnTn
bsa[ nny ~ e[a ~ tbe nlcr,s,lnatlan n
ou . T. = r, ,as isTn! 9se. a. - a,f ~
he Only Mea;als q sos5s,s' ,alas dsEe o1
,ss s!saa1,s Ct es, Ta3s,11 D xasa n3se
etei ~ ~ ~ @ ,.t,mns nv rnn "a "a n,
nan n.apS ~ ng1noIf ,1tfrfoent Ia tbe unblio ri
i.1e Iftr. il No couoict between the guy
! arn1,en: snd tie banls ppon this ntcs1iol
es1rntin The tatiarb1t spit for the furnel
n,aIsh h,ie r.Teen1tao On delnsp nd Their obligation
J., ~. inuIuI uu,nev z? tle tiay. and llsDurs!n
tin,r @ ,crssttoi,s * tuaistIrL wealth throasA o.
! HttEhItlHN
fndnsfr n .he n-acilc,f Wcrxtuc Of the tn. III
.. ..m mi f.v radtcai rhancra arr ,,ecrssa :,
titucln,i a,nnrr rhsn ~ the rrnaoyai or the pres
80 :, r.ttns e.,nn cjrculntion. m suc5 monor
" ~ ,r;ss,srd III Tres snT or topuIa, ans
~ ~ The n..nn;e Nrr IL Inns ~ nnt1iinr which
.,n..n to iree r..UneiitIon. The pdOcule ct fire
p1I,ur et.ontns.rd tnc hantic- t:,teres. ia Il
E1.ta - SrW Sor frnEr the nCiiatiors cftpolILits
, | a.I1te frotn RE ink Of tts flauylIatior
. ! Thn sara hsneneaI resnjt vii, follow ID
.r, r.nncsnt csuse IN the National Raj anSine sTl
~, wi - IN ha 1o1rhe,J IN M niher wAY III
r11',,itr 10 nrornIze fnrther panks NIth lhc min
iere NJ rtrTn1ai:nn il enuya,rut to the grant oY
snnsc,al chs arfer To eIetr er,,uno bank. Wlelht.
! ~ nrAnns eircr,alionnf fhe conntry The Tre.s
uS 80 ,ncn,sc,i IL nnrt, or ess than the cour
- inn1ont nv Van i tnnWs or csn c.Ica,ate N
s.amI.f11s -. nnnn me sniet IL the rprest specns
AT, The,n 's n tmcSstane which Is inia!abIs
ao- 80 - s1vrf,,,r ,r1oY retirh, ,nttnn nf nrYtn
49, - - ~. 10y .Itn nnnthcr nrom1se Of the ro{
,a-,. ~ =, s,t -ctrs, r-t-I1ntion IN Tim Yaun :
ILL = 80 ~. n1n;.r then 1,n6er1taad thni u
: h.nt,nt. esntynJ nf 10. Country /. bedseL 10 to
SsT hrf,rd ia le.t.latye limit Of tancuatloa, no
OF liz OWL choice but Is IN ttupazral
Iy he National GofeFnHitn1, necessary III
: Incidental III It's OWE condition G
! SUSPENSION. and ~ he removed enEltahcouSl
TX xa,,nH,,,ton ,,r ~. ttnvernmenf Thr sfIor
ton q ne principle o. IT, 9enkns X 10! = On, y
dlsPel MQsl OF knc opppsttuu nom SAls-A4 ~ -. y
National system. but VIII or ttscll lrMoFe uianI
: the hulneG5 2nd corfccl uaug v! Nlc aaAu3 aiSe