True American. [volume] (New Orleans [La.]) 1835-18??, 1839-02-09
TIE TRUE AM ERICAN
FAITHFUL AND BOLD,
n. n w OR LIE A MS:
SATURDAY, FEBRUARY 9. 1889.
EDITED 8Y sOuax GIBSON.

SATURDAY, FEBRUARY 9. 1889.
Free Banking-No S.-Our motives in advocating
the adoption Of system of Free Banking, by the State
ofIousiuna have been questioned by quid numc and
| those who
-"have eyes wecB
To see, what is not to be seen."
We convinced ourse,f that it would tend to
,ry's advantage and regardless whether it approx
ed by Wings Locofocos, Merchants or Mechanics,
Bankers the Landed interest have given it our
undivided support. What is us, if it be advocated
by portion the Tory press-uhough may moi,
like the company, yet il cannot deter from pursuing
the which iudgmcn, U.S. is right
1t has been demonstrated to be form of the credit sya-
TEN, exempt from the objections which nave been urged
against that system, " huut which the great energi
Of our immense territory could NOT be Developed Soeu
rites hypothccated the bnsis The credit, of al
value, and stable, that they will ulwa avs be orcom-
ing when the credit is impaired. Ii it he l.ocoocu
measure, think excellent one, and they deserve
congratulations for having recommended, aught so
: mpo and beneficial in its tendency. But the Wigs
and conservatives have much right to the paternity
Of the systcm 1t did not pass tho New York Lcgisa.
ture til they we've in the asccndcncy-sm Governor
Seward, the present executive OF New York has dsclar
ed the currency under this systcm, be the SAFEST the
world has ever known.
| 70 H., rb,.,, f,,;o. ., . :,,,, e. A.,
| .n " w '''' ''' ''
''lo",ns Synopsis Oh '' law o. 'e rg'a' winch may
be well introduced here, with sumo amendments that
will be hereafter named
! nc Les''li''f' OF "eorI'a, al lis ate session,
passed an "''' ani1o rising ana adopting me system OF
free laHiins. The leading provisions of the law
as eitc""'i'S h'ch'",' IN me s'hiil'noe
o n''lk hoos' III p'anN' 10 ne p'"V'el ny me Comp,
Her General nnI be erf fed
At each o, inc lesisla'"r, ana 10 Dc counter
S5h'o' 'uui"efca ana registered by scn person or
ptInon. us r"e t''n"''er any 'oh ''Ss'nTiS sna''
appoint ihis chcu!alins neainh to- be delivered to
any person or aSs'ca.lon OF persons tor the purpose
W 'ni"s' !" 'H tI""i ullo'' WIN inc Va"e " STOCK
Ut uos 'e''o' on me i'S'' ,rasle I" 's |onl,-
'u' e, anu "hlh'' S'phr!S' j. VI s'ocES o! the IN
"" Iu's, '1 s,'ne " georgia or such n''ie, sta'S
81 INC o'hIen 81 iS as sna'i ne approved oy tlise
o'c'E,'o nc Vi 10 De maze |" De r4'ai u ste STOCK,
Pr"dnc'n! live per cent per ann and nat to be ken
al rue hnoEe or hro" par-lhe p''is OF NOES mus
s'|le' 70 W s'''ped Oh "i,ir iac's' sec'tu ny We
Plc"See u p"p'c >"cks VI D'iiIs ana mortgages
" y" ~ ,a 'is w',a Inc n'nae Wpr' l,r
peenhs W 'ie o'''io'es ''efeo' d, ,e"s a'uh'e u''
ah"''" 'i "I'eh ines arc niof'SaGe''' bearing al etf
lei cc'i' III efe', iihn""liS' Or Sem aiu,lv-hiis
OF . a mus SECURED l" be Stamped secured py P'cdSe
y. .s. ee"''. D. vi oon"S at' 'hort:nSe 'o' I""or
y. ~ !''"c.i!' Vi ..esI"eS' o. lonf o'u ul' 'a''' OF
me n' .! Ho,Gs ieceted' Pf"V'ed' sncn property De
ll h It, 1t 10 injury OF oes'f1taoh from me- an
P'' &c" VIZ h' -" PioF'''9 "ii1'.u -" "o' eActeu
o'i' ''' W "1 "h"e ao' o' s"ch o'l'' Or notes.
m a,, "e nf rs sec,eS arc 10 DE- secniTo
~ i ,s,L ILL.,: "'u e'Soi"i l'''e'N. ne "'ns
VI h''' nus "htF''u 10 PERSONS or hSToc'at.ohS 10
c.u," h!a signed py men, ah mace op'lgat"Iy
'r'S, pnyanle on ue'nad, at .hf'f respect
Mo a'"ou , =" uus'GS Wlnn "e o'a'e' anu 10 ne
.ou anu 1!e",'to pt ''le"' us ''"nes' "ccofdmg "
I'll" Hsasts VI so'hNihs' ,,,
.nu.e 10 e"eaa s.i n',iS u, m"es, On oeInanu
.t'e p'"ee u BUSINESS uu'''iS ne us''S puts VI p!S
~ es ~ ~" an" s1'. epi, W l,e 'luH o. n'
a. =, ~ IN n" J., :" nNe nv sn''a profess
~, al , ,I i n,' ~ "'' -; ., W. I.et, ~