Click image to open full size in new tab
Article Text
checks of any of the banks in this city. Wm H Thomas, Chas M Howe Mathus & Ubl, Green & Wood, R H Cunningham, G D Williamson, J M Phillips, House, Loomie &: Geo Yocum, Wood Rittenhouse Peter Cuhl, & Bro., Miller & Parker Coffey, Harrison., J B Hudson, & Co, Wm Lonergan, Thistlewood & Co, J A Jones, G M Alden & Co, Halliday Bros, John H Oberly, DL Davis, F D Rexford, Davis & Linton, Peter Neff, A Marx, John Antrim, Herman Levey, SP Bennet, Chas Pink, Sam Williamson, H Bloms, Isaac Walder, M A Walder, White & Greer, John Gockel, Jacob Klein, Parker & Axley, H Meyers, F M Stockfleth, R Smyth & Co, R A Cunningbam, H C Wicks, Stratton & Bird, E Pace & Co, C Hanny, F Korameyer, Dan'l Hartman, Wm Kluge, W B Rockwell & HA Hannon, Co, B F Parker, Taber Bros, Samuel P Wheeler, A Black, Thome & Bro, Beerwart, Orth & Goldstine & RosenCo, water, Elliott & Haythorn, Stuart & Gholson, H Watson Webb, Bristol & Stilwell A Cain C W Henderson, Wm Henry, Jr, C R Woodward, Jas B Reed. J B Phillis & Son, Henry Sayers, Barclay Bros, C Winston, S Wilson, A motion was made to adopt the resolv. tions, and pending the question Captain William Halliday, president of the City National Bank, said that the directors of his bank had had a meeting on Saturday night, and after a careful investiga. tion of the affairs of the institution had concluded that the bank could pay all dethe positors except stockholders; but be thought the adoption of the resolutions would be n wise action on the part of the business men of the banks by Cairo. If should be drained depositors business would suffer greatly. Mr. Safford said the banks of Cairo had never been in 8 better condition than they were now, but the impossibility of obtaining currency would lead to'great embarrasament depositors made a run on the banks balances in New Orleans and but he had not Chicago He had large called them he de- in. Probably he could not get them if mandel them, buthe would not embarrass banks he knew to be good by auch demandsatthis time. Acconservative course was the best for all concerned. If the resolutions should be adopted he believed the policy indicated in them would relieve business in Cairo very much. His bank would not suspend payment, but an agreement of the kind indicated among our business men would greatly accommodate him under the circumstances. The Mayor-The motion is to adopt the resolution. Safford-I would like to hear from the merchants present. Cunningham-I can only say I am satisfied with the resolution. Hudaon-I am satisfied also. Cubl-I am not a banker, nor the son of a banker; but I think the banks of the country are solvent, and if we are a little lenient all will comeout right. I approve the resolutions. Coffee-I have just returned from the South, and resolutions of this kind have been adopted in nearly all the cities in that part of the country. Davis of the Sun.'-1 think that all the merchants who approve these resolutions should allow their names to be used in the public press as endorsing them. Such a course would restore confidence and would tend to bind those who now profess to endorse it, whatever the result of the plan may be. Williamson.-I move that all the merchants present who approve the resolutions shall sign them, and that two mer-
