The Pearl River banner. (Monticello, Miss.) 1837-18??, 1838-04-28

TIE D-TnnAsuaY BILL As
IT rsA very erroneous opin-
ION seems to prevail among
some. that the sub-tlcasury hilI
as amended in the Senate, be-
mo shorn of its cardinal and OBJ
nox;mIs. features, is now a very
harmless affair. and may pass
the house Of representatives.
Il IS 4 very serious error, and
the sooner II is corrected the
bettcr its true that striking
oat the specie section 10 the SEN
ale was 4 victory, in as much as
ii gained the vote OF Mr. Gar
houn. and threw the adm!nlslra-
|tiun il a decided minority, nes-
errheIess the effect Of recetving
bank notes from specie paying
banks is full as objectionable as
making it specie IN the Dill
VIVA would be the effect OF The
law if passed2 A bank wc''ld
be selected in this city as the
receiving bank for government
the bank Of America forsex.
ample-as bank notes are paid
for government dues, tie whole
will be sent on deposite 10 ne
receiving bank, and specie WI
be drawn from ali the bank Tor
these notes forthwith. The.
government ID issuing ten mill
ions of Treasury notes refuse
yery dishonesty to receive them
lin payment of dues, the result
then is you must pay IN specie
or notes ofspfcir paying banks;
and itfollows hat the very small
amount Of specie the banks now
have on hand, will soon Ind Us
lN ay into the iron safe ot the
government. The best course
ms t. hunt the ssmonster" out OF
the house-it is a bill, 10 all us
provisions, iraugh' withseminen'
danger, and no effort should re
spared to defeat it.--W 7. Star
/ MrssIssiprl MoNEY IN CINCINNATI. =
/ The C,ncinna,i Post, says:
"a broker. II extensive business, iur
nishes us with the following facts: lhre'
lth and dollars ii Natchez bank note
! were offered bin yesterday At ~ re
cent, Discount. and refused; q the saT
! time eight hundred dollars Of the Ban
| ii Brandon, MlssississipDi, were otfere
Lax 40 percent and not taken. fie y
marks thai 10 sale III Mississippi nope
a. DC effected al The above rates y V
civ. We learn further, that sales
Mississippi Bank Notes took place sno
! t,me since At Matches AZ 25 per cent ~
lcsun,. and for drsltssw 6ut interas'.-
lI.et.tbese iacis be q caution to our M
chanics.and others, who 60 below TO wo'
!, o. trade. moi 10 take Mississippi mone.
, 1--we have frequently seen them al y
change Offices, in This city, with haa'
1 6a,ls Of ii, which they ceuld moi gel e
| changed upon any terms; yei they y
i given full value for i in labor OF Inc
chandIze
!, II additiod 10 the above, we lea
: Ina, the Banks will no longer rece''
= Mississippi money 10 payment Of deb
LIN Nashville the following IS the state
e the money market.
4 The state Of the Exchanges 10 this
. 80 ,o.da, affords a. melancholy CONNIE
,ary upon the humble efforls'of the Pr
/" ~ il power 70 better thas currency
2, s. Bank notes IA per cent premium, 81
IA Gle same; Ky and Ohio notes IL =
y ire; Mississippi, paper Toto 20 dsscou
~e Eastern checks when to be had) u 9
= Der cen pre-; Nsw Orleans tunds 9
y 10 premium.
"
dc The Loco-foco Journals Of ibis St
say that Preniiss and Wor3 did mol s.
majority Of the votes Of the South.
~ the vote, by which Mississippi was {
Inf .Aisnd hu III. nf,e nf Mr. Soc aker n