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The Daily Dispatch: November 22, 1860., [Electronic resource], The Southern secession movement. (search)
General suspension of the Banks.
Yesterday all the Banks of this city followed the example of the Farmers' Bank, by suspending specie payments.
This proceeding has met with the almost unanimous approval of the citizens of Richmond.
The embarrassments of the times are not attributable, in the slightest degree to commercial or financial errors or excesses.
They are altogether owing to causes of a political nature, over which neither our Banks nor this community could have control, and for which they are altogether irresponsible.
But the effects of these causes penetrate every part of the country, and occasion a universal disturbance of the industry and trade of the nation.
A commercial revulsion, having its origin in merely commercial and financial extravagance, could be in some measure controlled, and need not be so widespread in its effects; but the storm which threatens the Union with destruction, spreads its disastrous consequences everywhere, and produces that sort of pa
Aiding Business — State Currency.
--The conference committees appointed by the Directors of the various city Banks, held a meeting on Saturday last, and, by resolution, agreed to receive on deposit, and pay out, the notes of all solvent Banks in the State except those of the Bank of Wheeling.
(the Northwestern Bank,) and the Bank of the Valley payable at other points than Staunton and Christiansburg — Those of the Valley payable at Staunton and Christiansburg, will be received and paid oto receive on deposit, and pay out, the notes of all solvent Banks in the State except those of the Bank of Wheeling.
(the Northwestern Bank,) and the Bank of the Valley payable at other points than Staunton and Christiansburg — Those of the Valley payable at Staunton and Christiansburg, will be received and paid out. By this accommodation not only the merchants, but the public at large, will be relieved of embarrassment in trade, and the retail trade of the city will be greatly facilita
The Merchants
are to hold an adjourned meeting this evening, to hear a report from the Bank conference committees on the subject of "currency." It is very desirable to both sellers and buyers that the city Banks should receive on deposit the notes of all solvent Banks in the State, so that the community at large might know what was and what was not current.
Most of the notes now passing in trade, are those of North Carolina, and to get these exchanged for bankable funds, brokers must be called upon, and a heavy exchange must be paid.
The Daily Dispatch: November 27, 1860., [Electronic resource], Thrown out of employment. (search)
Banks suspended. Nashville, Tenn., Nov. 26.
--The Planters', Union and State Banks of Tennessee have suspended at the request of a committee.
Southern financial News.
Augusta, Ga., Nov. 27. --The brokers buy to bills of Banks outside of Georgia.
The Manufacturers' Bank, at Macon, has suspended, and will probably wind up.
The Daily Dispatch: November 23, 1860., [Electronic resource], The Republican Programme, (search)
The Bank Suspensions in Virginia
--Commercial Affairs.--The Banks at Lynchburg, Danville, and Petersburg, have suspended.--The Alexandria Gazette of yesterday says:
The Bank of the Old Dominion of this city, yesterday, in consideration of the suspension of specie payments by all the Richmond Banks, determined to make a like suspension, and declined to redeem for the present any more of its notes.
The branches of the Exchange and Farmers' Banks had comparatively few calls made upon them, and met all demands for redemption.
The Directors of these Banks were in session yesterday, and, we learn, determined that if a run should be made upon them for specie, they will suspend also.
A meeting of merchants was to take place in Alexandria yesterday, to take action in reference in the expected advance in the rates of Exchange consequent upon a suspension of specie payments
The Daily Dispatch: February 3, 1862., [Electronic resource], The Potter investigating Commitee --the Yankees Overhauling Gen. Floyd
Police affairs.
--The following persons were arrested on Saturday, by the police, for the offences set opposite to their names, viz: Robt. Rose, by Morris, staggering about the streets drunk, and nearly denuded of raiment; Jas. Banks, (afterwards bailed for his appearance before the Mayor.) for threatening personal violence to N. B. Dickinson; and Edmond, a slave employed at the Manchester Cotton Factory, for having in his possession a pair of shoes supposed to have been stolen.--William McDonald was arrested on a warrant charging him with stealing a Navy pistol worth $50 from William A. Sharp, and Albert Kirby for unlawfully entering Andrew Riffo's house and assaulting him.
Continued.
--The case of James Banks, charged with threatening personal violence to Nimrod B. Dickinson, was called before the Mayor yesterday; but the aggrieved party not making his appearance, it was laid over.
The nature of the threats, consequently, did not appear.
Discharged.
--James Banks made his appearance before the Mayor yesterday, to answer the charge preferred by N. B. Dickinson, to the effect that Banks had threatened, by a violent and summary process, to terminate his mortal existence.
The facts were certified to by the witness, but on his stating that the threats were utteree the Mayor yesterday, to answer the charge preferred by N. B. Dickinson, to the effect that Banks had threatened, by a violent and summary process, to terminate his mortal existence.
The facts were certified to by the witness, but on his stating that the threats were uttered by Banks white Judge influences, and because he had e the Mayor yesterday, to answer the charge preferred by N. B. Dickinson, to the effect that Banks had threatened, by a violent and summary process, to terminate his mortal existence.
The facts were certified to by the witness, but on his stating that the threats were uttered by Banks white Judge influences, and because he had