Message from Governor A. B. Moore to the Alabama Secession Convention concerning the suspension of specie payment by Alabama banks.
Item
Identifier
RSG00248_f09_Q0000134715_Q0000134716
Title
Message from Governor A. B. Moore to the Alabama Secession Convention concerning the suspension of specie payment by Alabama banks.
Rights
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Type
Text
Creator
Moore, Andrew B. (Andrew Barry), 1807-1875
Date
December 1860
Description
A drafted letter that was written by A.B Moore to discuss the possibility of Alabama's seceding from the Union. Sent to the Convention to detail the needed preparation for this event: discussing asking the banks to suspend specie payments to allow them to maintain their money. A.B seemed concerned surrounding the finacial limitations currently and worried about separating without a solid plan.
Format
letter
Place
Montgomery (Ala.)
Publisher
Alabama Department of Archives and History. (electronic version)
Contributor
Anna Arnwine
transcription
Having satisfactory reasons to believe that Alabama would with draw from the present Union, I considered it my duty to take such steps as would enable the Convention and legislature to provide the means of putting the state in a condition to protect and defend her citizens in the event of her secession.
Knowing that the Treasury was not provided with funds sufficient for the purpose, that bonds at such a crisis could not be sold out of the state except at a great sacrifice and believing that at such a time additional taxation upon the people should be avoided if pos= sible I determined to take the responsibility of requesting the Banks to suspend specie payments for the purpose of retaining their specie to aid the state provided it should become necessary. With this view I addressed a letter to each of the Banks a copy of which will be found in the following address to the people of Alabama published on the [blank] day of December 1860. I refer the Convention to this address for a full statement of the reasons which induced my action in this matter.I herewith transmit to you the reports so far as they have been received and will lay before the Convention any others that may be made immediately on their receipt. I trust that my Course in the appointment of these Commissioners will meet the approbation of the Convention.
Knowing that the Treasury was not provided with funds sufficient for the purpose, that bonds at such a crisis could not be sold out of the state except at a great sacrifice and believing that at such a time additional taxation upon the people should be avoided if pos= sible I determined to take the responsibility of requesting the Banks to suspend specie payments for the purpose of retaining their specie to aid the state provided it should become necessary. With this view I addressed a letter to each of the Banks a copy of which will be found in the following address to the people of Alabama published on the [blank] day of December 1860. I refer the Convention to this address for a full statement of the reasons which induced my action in this matter.I herewith transmit to you the reports so far as they have been received and will lay before the Convention any others that may be made immediately on their receipt. I trust that my Course in the appointment of these Commissioners will meet the approbation of the Convention.
Subject
Moore, A. B. (Andrew Barry), 1807-1873;
Governors--Alabama;
Alabama--Economic conditions;
Alabama--Politics and government--To 1865;
Banks and banking--Alabama;
Secession--Alabama;
United States--History--Civil War, 1861-1865--Economic aspects;
Governors--Alabama;
Alabama--Economic conditions;
Alabama--Politics and government--To 1865;
Banks and banking--Alabama;
Secession--Alabama;
United States--History--Civil War, 1861-1865--Economic aspects;