Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-01-26
TRITisH AND AMERICAN PAPER

WHlGuEhI'
We copy the annex,d article lI''n ."e
aNo,,hsTp L,beraior," an English paper
.'',J;s%sd Al New Castle Upon Tyne.
AMERICAN PAPER MONEY
s.Ws have at this moment osIpre our
pr.. nsile of American newspapers ID
syerv one of which occupying the great
syrsrt ofone page, 10 an exhibition OF the
sva of this wretched sysIems 50 striking
to',boss not accustomed 10 such slgh',
ss,o make one wrap ia wonder ana
amaze. that people so sensible as'o
ali other public matters, so resoiute lof
what is right, so settled against wna' %
wrong should ever have tolerated. eveu
for a wear, such damnable thing as 'h's
l.. or RETAINED even for a twelve moh'n
from. leyeiing il in The dust. In lhese
nsnsrs oood reader, are published lists,
scorrected' AT LEAST ONCE WEEK O'
& saveral hundred banks--we don't know
how MANY. Ior we had not the patience
tocouut ihcm--beng the banks o. the
States Of New York, Maine, Connecticut
New Jersey, Pennsylvania, and tue test
oftke Union, with statements OF the
va,ex Of discuunts at which the noles Ol
these banks are circulated and All ap'
Oended asserisk 10 such Of them as nave
iorpories upon them Or genuine noies al
tered. circulating il different paris Of The
Union. Strange as are The scenes whlch
EnsIishmen have witnessed since the IN
troddc,ioa, Ly the wings Of 1858, "i the
cause Of paper money, we have seen
Ooihine 10 lie compared TO this. II Is
dHicult 10 give our readers by any DE-
acripiion a full idea Of this AnerIcaI
tsTHINcs;" but. when we tell them iha
out OF several hundred Of those banks we
have only been able 10 pick out (and w
don't think we missed any TWENTY
FIVE. the notes Of which circulate Il
par, they will form some conception Q
the blessed state of affairs our brethrc!
across the Atlantic do owe TO wings:
Yes. readers of the LiberaOr, the mel
who produced and are now tooth al,
nail advocating the existence OF sue
a state Of things as this in that olher"'s
happy and favored country, abS"lutel
have the astounding folly to call them
selves wings, as ifthO name had moi la
tired and contempt enough attached TO
without their uid to burden it WI
more.
swell. there are only twenty tive o'
of several hundred banks whose nol'
are circulated at the value which the
uominally bear; aud Of these twen'yhv
he II noied, moi one is to be found in ii
once happy State Of Pennsylvania, whe
Nick Bddie's work has been mainly ca
ried on. or thoso Pennsylvania aital
there il no, one Of the mites Which a
taken at less discount than i've and
half per cent. Nck's own notes are
this discount! Many Of The others, ho'
ever are at a discount Of six per cen
some seven, two or three at niue; 81
one al twenty-five per cent dscoun
This fourishing establishment is BerI
County Bank, Reading We dare 81
there i bauk of some snrt Ut our Rea
inc. but the natives would look queer
lis notes we're only passed for flle'
shllIngs 10 The pound!
alt must b0 obvious to the most cat
lass and unobserVant, that under such
Estate Of paper ctCuhiiOn rs this is,
man caIl he safe from day to day IL
l. anV man, safely to receive any payne
in any notes where oil are ut a d'scou
constantly varying from day 10 day,
These lisls stand in need Of constant CT
Yection, and the man who trusts that
Iastweek may be IUined by tho diff
encs 0f this.
awe ghnpp and trust tho industrc
peopIe Of the United States have IA
their eyes wide open 10 the working
The monster Of paper money. aud Il
they will never rest one moment III
they have suI,dued The monster u
siranglod him. 1t is cnriOuS hat in III
countries this cursed thing was inrodhc
BY Spontaneously B shop Burnet
Eusland. and Hamilton in America!
the beginnings harmOnizc, 50 lei US hO
vlll the ESpsm