The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-09-22
sunday NirAu. Report.

Aa PoE CSnt kSbu tuNIesL
sunday Nights Report.
THR PREaIDRNF's CONFERENCE WITH TAI
BASKKRG - III DRCIIRRi To INTER
PERE.
NRw YoRK, Sept Stat tile cnplsF'
enee al the Filth Avenue HoIcl to-day
In relation to heeNistlng financial trouble
the President positively declined 70 inter
ieFe, on the ground Of want Of GuLhori
lH. A committee Of banker and rntr
olAniA had jAaAny fsoposOf tAag thS gov
ernmea islae thirty millions Of the legal
reserve ReYerdy johnson, who was con
suited, gave his opinion TO the effect thai
to use the legal reserve ior the purpose
expressed BY the committee was uncon-
SututiouAl, and. Il Is said. added. II he
(Johuson) were President he would bG
disposed 10 az emergency like the pres
ent 10 make tue ulmoaI efforts TO avert
the impending disaster.
NEw York, Sept e0.-RVenIng.- The
conference al the Fifth Avenue Hotel to-
day, IN relation TO tho beat means Of
avoiding financial disasters in Wall street
has absorbed the public interest to an
almost unprecedented degree. Tho fact
that PresIdent Grant, Secretary Richard.
son, aud other high officials Of the Gov
ernment had come hero To consult with
the leading bankers and merchants was
generally known this morning, together
with the fact that those invited to the con.
ference would meet tho President and
financial officers Of the Government at the
Filth Avenue Hotel during the day. In
consequence not only bankers, brokers
aud merchants were Ia attendance, but
the general public NOckcd IhiIher and LIS.
tened 10 groups Of Wall street men here
and there discussing the situation.
Tho general public, although knowing
little Of the technicalIties Of stock and
gold speculAtions, or oil the causes which
tended to produce tho present alarm, neV.
ertheless seemed to feel that the occasion
was oi great importance 10 all.
President Grant, Secretary Richardson,
Senator Morton and General Babcock
were ready before noon to hear tho views
and suggestions Of prominent merchants
and flnanclers, some OF whom had pro,
yIously held a conference and reduced
their plans to a tangible shape. AT the
conference those who were conspicuous
were Commodore Vanderbilt, Henry
CleWs, Isaac II. Bailey, seligmHn Bros
George opdyke, Wm. Ofton, President
Ofthe Western Union Telegraph Company
Prospect p, Sharp, James Il. Burke,
Wm. 4. Scott of ne Ehe Penpsylvaala
5anEs = gger Z. i.s1..'- !, s',--.sl, letaSe y
olAitn, ten q. .. sanford, o. Aaams
Express Company MI. Vale Of the
Bank Of Commerce, and Senator West
and John Hori, Of Adams Express Com.
nanv Tho 6rst general proposition was
80. ,,r /. oors r,i,,oo arnoIr,od ,b.,
nauo ~ sSa.a,'I S,adn,,t". .ho,,r5
INC PFGsen' nuHuStA' N'iuEuiH0o 'uOu'N
be relieved by drawing on the
legal tender reserve. The Committee
had not agreed at this time as TO the
.morn, NJ srcb resrrve which would br
ah9uuS VI slSu iSSs.'' W. "nT ~, "ouG ~. :.
pfoOaDiy tequiteu 10 .Iec' tue oSJec.
sought 10 % ATTAINED. ftesiueht Stah'
and Secretary Richardson sent lor many
members oi the committee and In turr
hoard their views nm the subject AItel
1900 AZ an horr snort In ,b;s NAV snI
"sS ,,s - ~ Io ,,'i - 1T a. ~. ~ ,r.,,,ar
Mtet llssenlps 70 tne Leaulps " WIZ WIZ =
views OF several prominent members o
the committee President Grant and secre
tary Richardson instructed the committee
that nothing could be done until some pre-
40 nronoaition badbeer,, made The ma
80 ~ ~" oo.a,,.i,,so I n.ono."a -,a,haiI,
Sity VI WV wv - y. y, Y yjsu ~ 'Y.O1"J
lhAt tne SoYetnmenLy shUulu,lI hscssSaty saty
pIsce tne wnote legai reserve OF S44IVOyI,
wv In inc Nauonal Deposltafles IN lnu
ciY.
secretary Mcharoson o2po5ea tnls ant
SAID ne was utterly ana innsxlDy UPLIOs- y
Cd 70 issuing any consiuelaoie PoLuon Il, y !,
me iegAl ,esctHe ior the u'e " 'Io az
oanKs; Mt; h~chatosohS ~ o,o 0mu "UtuS SnU
quoteu on Tti tge AatnolIy " w, on' ~, ~ tIDar @
Lni!'ee u.s. Benuelhen' u pO' !" 'uN''
NJ c.,o,., c,or, and ssc,.,o,v RIcbsyd-
~ eset seansS,sS % ,ha ~ cono,nIs,oS ~ Tinsn.
oor. ~ ~ oSns sa,se m % and snbmI, n ,hsm
y -S b,Sst,S ~ @ snd nIs,rIv nS % no"s;bIe % rVSs,
sbev "tbe tinaneieS ,bopGht should b,
S6ne m tSs mari n The gnynrnmen, s,In
rS"t,nS S ~ ,bS, G % ,Ss name M n1 each one recom. S
u;sndi1S thc cSnrse % IN Ia aSrceJ nnSn h,
HnnSnJsl IN ,bs nSney y The Commii,c,
PSTd SpSS rs,Sred n , sS1sS NINA tho nronnaI,inr
~ III 10 Snbm,,,e5 ~ N ,he PresiSep, 1rd IIS. Sec
so,Ssv S oF tbe TrcSSnrv and Commoiinr,
Vsn5ssbIit enisTsd he nS,,nr In wbIcI
the President and bIs finrnce officer var
ns le5tueu. M suu WE iluauSS oILsEt w
eS'eS 5ao ns aO'Is as.as IS o,oSil
!pe I auuIeng9 % SuanOeI meII quIGAi'
lnrongeu WIN Ine crown AHAitnB lul pa