The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-06
THE SILVER BILL.

MEETING OF BANK PRESIDENTS TO PROTEST
AGAINST ITS PAssAaE-BANKERs OF PHILA-
DELpHIA, IosToN AND BALTIMORE INVITED TO
PARTICIPATES IN OPPOSITION TO THE BILL.
The pending Silver bill has stirred up the financial
So!ons OF New York considerably. and in order to
give the subject serious consideration 1t was resolved
to call a meeting of bank officers The following no.
tico consequently circulated -
The undersigned bank officers respectfully invite their
associates in the Clearing House Association to attend
the 9Th inst at Twelve o'clock to what If
silver dollars 4lss grains eac the ba1s OF ai
in the United States after cit q passage, ,sY vnv
fFs'd %TL .i1nl IF Ss sss yS1s B'A
I'D. vERMILYE.
r''''d Y. Il M sRasoN. National Bank
r sssSaa rSep B. I HriiGsr, Sank
President is,, Mssh z SSE National Bank
President American E ssh,l National Bank.
President GalIniin National Bank.
In response to the summons there assembled at
noon yesterday at the Clearing House, the following
bank officers :-Cnares NJ Fry, Bank of New York !;
James NJ. Morrison, Manhattan; Jacob u. Vcrmilye,
MERCHANTS; William L. jenkins, Bank Of America;
william A. Thomson, Merchants Exchange; +. ID.
Tappen, Galatin; Denton Pcarsul. Butchers ana
Drovcrs'; George Montague, Scvc6th Ward George
g. Coe, American Exchange; william Dowd, Bank OF
North America; Charles +. Hunter, Peoples; James
T. Woodward, Hanover; John L. Jewett, irving; :. Il.
Comstock, Ctizeus' Francis NJ. Harris, Nassau; Rob
crt Bayles. Market; j. l.. Smith, ST. Nicholas; A. v.
Stout Shoe and Leather; Joseph Pool, Manufacturers
and Merchants George r. Baker, First National;
g. n. Jordan, Third National; Philo u. Calhoun,
Fourth National; Ii. II. Nazro Ninth National;
William A. Whceock, Ccntrai Henry KocnolI,
German-A Americana; Il. Is. Sherman Mechanics;
Nicholas i. Palmer, l.eutncr Manufacturers
Mr.. Dowd, oil tho Bank OF North America, APP
pointed chairman, and Mr. William A. Gamp, man
ager OF the Gearing House, secretary. After briefly
nsderng the subject he following resolutions
ndoptci-
POINTED RESOLUTIONS.
Resolved, That in view OF the p under considera
existing law requiring the redemption OF legal tender
in COLO coin and after the Vt o, Jgnuary 1879 by
payment OF all debts and tho Of
ehan~e IN the circulating medina viii have on
spective institutions their charge what pra
cal measures. II any eau be adopted TO pressivs their
VARIOUS trusts IRON sercss declines which viii inevitably
follow the passage Of the bill ia question.
Kesolved Ibai the subject DO referred comnittsc Of
five pgnG officers the chairman Of the meeting pen one
vi her. who snal recommend suitable action and whoc
report sha De presented and considered NJ adjourned
meeting 30 be held on Wednesday, next, OH Inst
Resoivad 1hat copy OF ,sesc solutions immedi-
atel, teegr"ghed to she clearing aonsrs boston ina
dc pha aud Blti,arre inviting bank ccerJ there 20
,eS s eq sG a on ns " Wiz. view o
mutual consent anu concerted action.
tanks and lie insurance compauc, TINS city
aio Invited 20 attend the same meeting and 10 participate
III She discussion.
Tie following were appointed a committee TO pro-
pare report Tor Wednesdays meeting .-George ..
Zoe, Chairman; William Dowd, J. u vermiiyc, " oses
Taylor, &. \. Hunter md Hcnry. +. vall