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Browsing named entities in The Daily Dispatch: July 1, 1861., [Electronic resource]. You can also browse the collection for Milwaukee (Wisconsin, United States) or search for Milwaukee (Wisconsin, United States) in all documents.
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The Daily Dispatch: July 1, 1861., [Electronic resource], Cause of the Disturbance at Milwaukee . (search)
Cause of the Disturbance at Milwaukee.
--The New York Times says a gentleman who is familiar with the state of affairs at Milwaukee, gives the following historMilwaukee, gives the following history of the causes which have led to the riot in that city:
Some three months ago, about forty country banks were thrown out by the banks of Chicago on account of ing in Southern bonds.
Subsequently the remaining banks met in convention at Milwaukee, and agreed to receive on deposit the bills of all banks which were then consmber, to redeem their bills in specie.
Recently, several of the banks in Milwaukee, which were represented in the Bankers' Convention, viz: the State Bank, Bank of Milwaukee, Juneau Bank, and Mitchell's Fire Insurance Company, the heaviest in Wisconsin, repudiated their own action, and refused the bills of the country banksy dealers from making payments in the usual way to the wholesale merchants of Milwaukee, causing great interruption and difficulty in their business.
Hence the upri