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Suspension Of Specie Payment

Suspension Of Specie Payment image
Parent Issue
Day
3
Month
January
Year
1862
Copyright
Public Domain
OCR Text

New York, Deo. 80. At a conference of our City Banks, on Sattirday ev.ening, ly a unaninious vote, they rcsolvml upon nn mmcdiato Buspension of specie paymerit, tlie beavy drafts on their coin, caased y thoir hirgo advanöe tothe Government, rendeiing this step, in their judgment, ncce-snry. W presumo it will bo quite generally foüowed in tho lnrgo ctiöP, tbouch ilie drain upon our Ciiy Banks roéuTts (rniti causea which topd I ratlicr to etrengtheu tban ireakoo tho ' Banks of the

Article

Subjects
Old News
Michigan Argus