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For the Memphis Appeal] Missus. EDITORS: The meeting of merchants at Old Fellows' Hall on Friday evening. seems to have excited a certain turn-upof the-nose expression among a certain class, who think that when they die wisdom will certainly di- with them. Even the Eagle and Enquirer, that paper made up of extracts, expresses its contempt for the action of that meeting by denominating it, in its own chaste and elegant language, 8 " grand fizzle." Permit me to ask the distinguished editor of that paper, who I understand corrects even the local column, what is the meauing of the term fizzle?" What Was the object of that meeting? As I understand it, it was simply to let our Immediate Representatives In the Legislature understand that we approved of their granting legislative relief to the suspended banks; the meeting, in fact, was called the day before-previons to the suspension of the Planters' and Union Banks-ant at the time it was called it was understood these two banks would not suspend unless the Legislature would relieve them from the law forfeiting their charters in case of suspension. Their euspension, in the judgment of all good business men, seemed to be necessary under the circumstances, not to save these two banks, because they were able to have gone on and redeemed their circulation, but to save the merchants and the country from ruin; and yet, when under this state of things, when the merchants and others of Memphis quietly 88semble to give expression to their views, they must be denounced not only on the streets, by would be wise men, but it must be heralded forth by that beautiful specimen of a daily paper called the Eugle and Enquirer, that they are R grand fizzling set. Well, every one to their tastr and here is a VAST deal in the way is which people b we been raised. I is not my purpose to go into the argument of th morality, or the ab-tract right of bank Code, or asio to question of (be nacesalty to: backs at all. Is is future communica tion we will give our vi we on some of these questions. Permit 03 bere to commend the course of your local editor in giving R very lu I and corret report of the prosse legs of the merchands meaning: it Ambilité good Ins'e, and the Had of rheirg and talent the ought to 61 that d. partinent if a daily alwspaper. He did not choose, BB some other is 08 may have done, to git down hout as rept that of "fizz'e" to heed, and report the proceedings of 8 metting of our citizensi two words, " Grand Pizzin." la future the Ragle and Enquirer mut feel itself bigsly banosed, If this commit my charges its just and calls the Crand UNO. Fizzle,