Western courier. [volume] (Ravenna, Ohio) 1837-1838, 1838-04-05
{ Ffem the Elyria Republican.
BANK INoOLENCE

2x2sere y: r.....h
kl What wers the causes
bsyIFd yosio suspend specie payment
Answer. by tie Bank. The operation
Of the specie circular, and general en-
barrassmeat ofthe country.
Q. Atwhat period do you expect to
resume?
Ins; Wewill resume when the specie
circular isrepealeJ, and not before.
| We will now give the true answer TO
the first question. and we will take it
from report made by that same inso!ent
institution. The prominent reason why
that Infamous institution suspended spe-
Gle payments. may be- learned from the
fact 'hati, had, asappears by said report.
over three hundred aud Sky thousand
dollars Of its bills in circulation, at the,
time ofits suspension. and bur ffreea
thousand foT hundred and fftysseven
dollars in specie 10 redeem its notes wl,h;
and thak bad made loans TO its direc.
J NV 8 ssd '..sldsrs ,3;;,: z y: "Gtaua' ef
casherSf that insoent, swnIlipg insti.
tuition, llas'the impu;lepce aud capidi'yto
| answer under oath. that 1.-The operation
the spsclt circHlar," &C.. is the true
cause way ,ha. insti'ption suspended
| specie PAYMENTS. 1t, jsa matter well
worthy of The consideration Of the Legisa,
tuTe whether ,h- cashier, nj answer has
not been guilty of perjnry. Is there q
candid man of any party, that for one mo-
ment can believe the cashier ha, assigned
the true ca0se why that bank suspended?
1t promises to re.urc when ''the sHccic
circular is srchcaIed" Bel hasit come
to this, that bank will rcqure.ner:a,n
laws 10 be passed or repealed Before II
will redeem its biIS9 Tnis is the Ian
guage of the Canton bank. to question
pnt by direction of the legislature of this
siatr, Were We TO give our opinion
upon tn%fTThe sE resumption OF specie
payments by tho Farmers Bank Of Can.
ton, it world bethat it never wenld take
place. The last report made BY that
bank, a shott time slice, shows, the circu-
Iation to be S249, ,G0S,OO, its loans to
stockholders to be 500 475 90, aud its
specie on hand bu, ,ri1- over $4,000.
This sad state of things. the cashier on
oath! states has resulted fro u ''the oilera-
fi0n efthe Shccir circuiarW A man that
could make such statement as that md
oath, may do well enough for 4 bank off
ccr,hut we have our apnion az 20 his NOR
al iit2es' for anyhoonrab'c or honest oc>
cupaion.
LAEE NAvlchT!oX There is every
indication Tint the fayigaion Of lake
e,r- viii shs respsayd y q .ycr3 short time,
slta sanlh est AZ.
STiseil AZ jsoriions D ice, Wtiieili
deesying nio tha Niagafa
steer, d3Nn which they are descending in
slatge nlasses. The waters of The Lake
!afekaa3E perccptibefbpyond Sturgeon
Point, ahnut ,welve miles from this city.
II any Of our steamboats, were in read-
ness,it IL. the general opinion. on the
wharves, that p's'ase could be effected
to Detroit Buff Jour, March a..
BEWARE OF FRAUD. - Bills orthe Far
mers' and Merchahts' Bank Of ST. Jo-
seph's al Centervile, are probably WORTH
less, The Detroit Free Press Of
March 12th gives letter from Thomas
Fitzgerald one Of the Bank Conmission-
ers' who s'aies that the Bank "is an lille.
gnl. if moi a Iiaudelent concern.' He
: rstsSs- Suiation al sbeu, $40 600, ii
portion OF which, we have reason TO be \,
lieve is in this vicinity and will be offer
ed.- New Yorker.
MoRE FRAUDS, The Cincinna Ga.
zelte cautions the public against receiving
SIS blls,pnrnor,ing 10 he of be Of the Farm
er's Bank oi Canton, just pu: in circuIa-
lion. The vignetrc Of the countelfeit is
wagon and horses; the genuine is two
le'naIes in sitting posture: tho coun-
terfei's are also larger hnn the genuine of
Letter c dated 10Th May. 1887. The
notes were engraved for Fatmer'S Bank
in Houston, Texas; bal have been so al
tered az 70 read Farmers Bank of Can,
Ion, Ohio.' Herald Se Gazette
The Cleveland Advertiser of March
y, announces on the authority of the
pasrnit ,s-P sess the captare Of Gen.
fSouherlTndand his Aid. They are to
be taken 10 Toronto and tried for high
treason. ww
The Detroit Free Press says: Gem
Southerand and Aid, ,Caps Spencer,were
taken prisoners ON Sunday af'ternooniast
by Mr.. Price, postmaster at Sandwf6l
1t is expected that he will have an imne-
diate trial at Maiden, by Court Martial.
The History of. Navy Island and the
Canadian War Of '3s is likely to be lost
to the world.
SrooxS IN New YoRK.-The New
York Commercial OF Saturday says: The
sales at The stock Exchange to-day were
large in amount almost beyond precedent. |
Over fifteen hundred shares of United !
States Bank Stock were sold at an ad-
vance Of about one per cent from yester-
y