New-York tribune., 1841-07-03

I. -
laxre,, lbe-. in Banking which consistent with me p
sc, ec1., Of the biho.d,r from loss depreciation. In
1857 our ageuiion was called the plan OF Free Da"S
,r6cr General Law. the is.oe to be secured b! d'o
spbrc socks with the State AID. upon co''''eal'''
,,yc t,- plan hearty approval We were IN ''D'"'
,po,b . ensuing winter and from first to last gave y '"'
: a, g. yc posscssed yyl ourbc>t eNer'ion'' III i"oi
= -. ,a..asc If the General Barking Law. w nave
ans. 70 regret this course, but remain warmly
eoabI, 20 hat law Yet perfect but as SOUND N
,.,coe and Hording the basis OF great improvements ye
10 be effected in Banking
w.. course frendly the Free Banks; heartily
;f them stability and prosperity I'VE desire that they
sbod uy enjoy the public confidence and to that end we
i,t that ew scury sheep might be driven out OF the
aock. lest acir rottcnness should tant the whole. Ard
so, among the niques which should be secuted from
the busine,. the device OF setting up sham banks at some
d.tan, and 10, easily accessible point getting out batch o;
roies IN deposit OF State Stocks. ard setting Up shaving
business upon them. In way citizens have been
,bamefy s;nded z Banks have been up purporting to
be located q, Bralo and other ouoihe-way places but
resy located among the brokers and >havers of this City
bo emitted heir notes par and boug, them in at dis
,on ranging from onehaf four per cent according TO
ci,c1e.ance- At length pinch IN the money mar
Ie, Socl, ELL and these hopeful bankers stopped pay
nen, leaving dcudcd holders OF their notes to whistle
Co.. ,tair r,y; their dcrostes being only suicen, pay
six,, TO cics,y per cent
Nos il j because wc are friendly Banks and Free
pas THAI ,ce are resoutely hostile 20 such tricks as these
There is no security there can be safety where they
tolerated The Bankers may redeem at half per
day and tomorrow ask FIVE per redeem AT all
Thu, ,yholc ,nenc papabe evasion direct viola
,;o, Of the law which intends does expressly pre-
ce ,ba. he legal location and place of redemption Of
eyer Bank shall be precisely that where does business
d whence i issues is notes. II knays money changers
),, found hole in the law here, must be thoroughly
STONED next winter Until this is done the citizens
protect themselves by refusing take any note which not
regularly redeemed par the place whence Is issued
There should be compromise OF hesitation on this point
The country has been cursed enough with rredeemable
rency and shaving where j inevitable it must be borne
but here it j not lie, ever do hi, part feacss, and
the, nuisance .gill be nba,cd
nPORr.rgs A. BRowSsoN will deliver Grafton
Washington Hall in this City Monday. Hour, o'clock.
We reprc It is not before should like hear
hin, could W, DO so and still join the Temperance Celc
h,;on NJ Brownson Is strong-mndcd pa,n-speaking
~ who has Just idea OF the fragrant evils which opprcss
treat portion Of the Laboing Classes but very crude
and mistaken potion tho proper of e'ncdyng them
sincere Re.ormer u be respected. despite his
ror for lie aaken other minds truth, which he does not
perceive himself MI Brcwnson builds up little truth. but
he puts down some We advise LocoFoco read
ers vino will unite in the Temperate. Celebration 10 90
and hear hr. He much of party man BY nature;
bu, having recently turned of Office by the new Adj
n,in,ra,on will doubtless give Nhggcry dressing that
Will be quite ediyins those IN like condition EN-Cussn
House officers will DO ravi>hed by his eloqucnce
,,-a
and otherwise prsved its appearance Its intrinsic char
acter was hardly susceptible of Improvement Although
siyu,iucd as s,ocra,ic journals which n,her
deas on politics and legislation truly consistently
liberal and republican than the American 1t has only
ser;ou. fault It's Editor had the misfortune be born
of Rufus King ruehcacd Patrio, OF the Revolution and
the LAST War and one of the efficient of the Frame
of the Constitution but whose speculative opinions On some
points were ,nsound This has doubtless kept down its sub
scrion but not its influence among hishmindcd and SEN
s;be men, by WHOM has been regarded of
very best journals. We It's enlargement Is Significant
Of liberal increase of patronage
~ Young Men and Lads of Ncw-Yerk We appeal to
honor and good feeling celebrate the Birthday of
Jdcocndcncc in such way Interfere with the
orn,cr and safety others Firing guns, crackers chscrs
&c on such occasions is very well # YOU will go into the
un;,, bu, the city is place for such amuscments You
to thar i, anneys frishtcns and often Injuries aud
hil,u. on know that hoxscs have been fire and
bc frightened ky it, causing the death OF innocent beings
IN, los Of precious lives. Remember the drcadfN acct
dent m last wear in our city, and in fact almost
Remember tha, the expressly forbid any ring Of guns
pistols crackers other fireworks in the streets aud though
YOU may escape penalty cannot the guilt OF its viola
,ion. death caused by setting tins law defiance will
res on the all who guilty of like pract
oes BE warned dear friends. season, and refrain from
the dangerous, the criminal practice referred TO.
We earnestly desire that every should enjoy, fully and
heartily, the coming holiday Those who cnioy in
dons good happies, those who should ca>,
be careful do evil. Dear Nos,l re independent