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heavy cost to the West. They threatened to resume their ancient and accustomed channels — the water-courses of the Ohio and Mississippi, and political association and union, it is well known, must soon follow the direction of trade. The city of New York began then to clamor loudly for the repeal of the tariff act. Threatened thus with the loss of both political power and wealth, New England and Pennsylvania--that land of peace — began now, too, to demand coercion and civil war as the price on. The subjugation of the South and the closing up of her ports, first by force and then by law, was resolved upon, and when this policy was once established, the self-same motive of warning commerce and of threatening trade impelled the city of New York to place herself first in the ranks of the uprising which swept over the North and West. He would not now assert what subsequent acts of the Administration may make apparent, that its frequent infractions of the Constitution, its high-han
Rebellion Record: a Diary of American Events: Documents and Narratives, Volume 2. (ed. Frank Moore), Doc. 125.-Southern Bank Convention. (search)
etary of the Treasury at Richmond. Resolved, That it be recommended to all the Railroad Companies in the Southern Confederacy to receive the Treasury notes in payment of fares and freight. Resolved, That the Legislatures of the several States be recommended to make it lawful for their tax collectors and other officers to receive the Treasury notes in payment of taxes and all other public dues. Resolved, That all the States, cities, and corporations having coupons payable in the city of New York, or elsewhere in the enemy's country, be requested, during the continuance of the war, to appoint some place of payment within the Confederate States, and to give their creditors notice of the same. Resolved, That the Committee recommend that when this Convention adjourns, it adjourn to meet again on the 24th day of July, at Richmond, Va., and that all the Banks not represented in the Convention be requested to send Delegates to the adjourned meeting at Richmond. The President inf
thereon: There are certain newspapers within this district which are in the frequent practice of encouraging the rebels now in arms against the Federal Government by expressing sympathy and agreement with them, the duty of acceding to their demands, and dissatisfaction with the employment of force to overcome them. These papers are the New York daily and weekly Journal of Commerce, the daily and weekly News, the daily and weekly Day Book, the Freeman's Journal, all published in the city of New York, and the daily and weekly Eagle, published in the city of Brooklyn. The first-named of these has just published a list of newspapers in the Free States opposed to what it calls the present unholy war --a war in defence of our country and its institutions, and our most sacred rights, and carried on solely for the restoration of the authority of the Government. The Grand Jury are aware that free governments allow liberty of speech and of the press to their utmost limit, but there is,