Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-11-02
From the Goshen Democrat. oct. IA.

How To MAKE THE BANK PAY SPECIE. - The
necessity OF compelling the State Bank resume
specie payment, seems 10 be admitted on all hands
but how shall II be done Shall the Legislature
declare it's charter forfeited, and compel the Cover
nor to wind up its affairs, and blot the institution
from existence We think not.
The bank is interviewer with all the interests of
the State-wc look TO ii for commercial accommo-
daton and for currency, and, to say the least, il
would be impolitic to contend with the preud &c cs
and imagined interests of the people. The absence
Of the bank would only tend to furnish new argu-
ments to the friends of National Bank instead of
remedying the evil.
There is, however, excuse for this continued
suspension. Money matters are getting easy the
commercial community are recovering from the ex-
cesses of &C. and the revulsons of ~ specie is
abundant IN all the Atlantic cities, and what is
more, whig administration has been in operation
some seven months, and the bank owes it TO her
credit and to the people who brought her into exist
ence, led and sustained her, TO resume the redemp-
ton OF her paper. If she VIII not let the IegisIa-
ture try the effect OF penalties; provide that the
Dink forfeit l24 per cent, penalty every dollar
presented and dIshonored and LEA per interest
per annum thereafter, to be recovered IN any Court
OF competent jurisdiction. To prevent undue adj
vantage being taken by foreign banks and shavers
the application OF the law ght be confined to cit-
zens OF ous own State and the bank relieved from
the plea that foreigners would rob her of her specie
ready obtained an absolute supremacy over the
State, over the power that created it-and more sim
gular II the people should be blind their inter
ests, as to allow this trlhing with their authority,
and plunderlng o. their pockets. Why is It that
the paper of the New York Banks is gathered up
with SO much avIdlty, and declared BY our mer.
chants to be better than specie Why does the
State BANK o, Indiana grasp at every dollar Of east
ern money and hoard 1t up in her vaults or sell it
at from to 10 per cent. premium for her own pa
per IL is simply because those banks pay specie
because, by their promptitude they make a pa
per dollar equivalent to a silver one, and ALWAYS
nave the silver to redeem the paper. Let the State
Bank of Indiana be brought to this test, let hcr
redeem their names from the stigma of
public plunderers, and the faith of the people may
be pledged, that no run will be made upon her vaults
but that every party and every class of our cti-
zens Will unite IN sustaining her position and feel
-heIr own credit and interests involved with hers
SAUL AND JoNArHAN.-A MysrERy.-lIa their
ledihs, they Tere not dipided) And now. said Mr..
Johnson, look at the operation of this bill upon the
states. Go not say that of late love the General
government less, but that my love for the States is
increased.
lr. Dawson, (payfully speaking across "espe-
tally when you shall be Governor ofonc o.them II
( A laugh)
Yes, especially then and reciproca,e to the
Gentleman from Georgia very cordially his anticipa-
ions on the subject.) laughter and CRIES O: far"
"a far hit.']-Jonr- efttc Extra Session
When this dgned passage of guberuatorial cour-
esles, and keen encounter OF wits, graced and en-
lvened the floor of the glorious House of Repre-
cntatIves during the ever memorable Extra Ses-
ION OF lcil and these Thames in prophetic vision
a:led each other, Giams and Cawdor, Brother
i Maryland and cousin of Georgia, some malicious
erson offended at the scene, compared the distin-
ushed actors IN 1t to two very respectable old buzz
ards hobnobblng over something rich where, n
heir benevolent beaks had been as good as heshed
lready. Nobody dreamed then that they would so
Don be doomed TO a Samcse inseparabllitv m tho
memory OF the people the two rcfoed yiceroys of
ienry Clay, and their aforesaid cordial reciproca.
ION OF pleasant anticipatIOns come to be REGARDED
those OF two Jackdaw old gentlemen in false plum,
&c, bat with bona fide appeii;cs, about to exoeri
nee the hardships OF chameleon diet as they sat
table and SAID grace over two very capacious COW
rs OF nothing Charleston .uecurv
\ DREADFUL Internationally the Italian
no recently murdered a country man named Tosc,
1, at Liverpool hos been convicted of murder ~
le FIRST degree. 1t appeared during the trial ;ba,
se parties lodged the house, and they had ouar
led together about money. Fhe prisoner deter
lined To revenge himself and for that puroose mix
a tub of not cruel, which, IN a hot state he pop-
! over the deceased white he was IN bed and aslcro
A. 7 J. a