Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-02-25
From the OHIO State Journal.
BANK MATTERS.

The resumption bill passed both
houses aud became law on Monday
On Tuesday it was announced upon the
authority Of the Statesman, that "thirgS
aiready began 10 eThibtt q quieter as
pect" Oh, yes! "Order reigns IN
WarSaw" was the despatch that an
nonnced the subjugation Of Poland, to
the Autocrat oI The North, though in
fearful strife the blood OF her patriotic
sons had saturated the soil. The banks
are tumbIing into ruins, and as despair
soites upon the public mind, the chef
OF tho gang who have Strewn tho State
with The wrecks Of lis former prosperity
GxclaIms, '"THINGs ALREADY BEGIN TO
ASSUME a eUIETER ASpECf!'
We learn further through tho same
reliable source, 'tiM Tie Gae is 0Ireddy
9 turning in our fdUOr." Some specie came
last week 10 Cincinnati, from The South,
(probabIy some of he yeliow bogs, that
were to flow up the Mississippi, as
Vs prcdlc cd eight or ten years since by
Benton, and that event is to be altribu
ted 10 the magical influence Of the
passage Of the resumption bill, although
the effect seems to have preceded the
cause by several weeks How fortunate
it is for the people Of tho State that
this measure, after three months partu'
Iilon, has finally come to such go-
lious deIiveraDce. No doubt double
headed calves and eight legged pigs,
will he abundant during The next drop
ping cason-and allowing to Tho an
nihIaDon Of The Banks and the Curren.
cy, by this superatlveIy "demoCratlc"
Legislature
A convention of Delegates from most
Of the Banks in the State, assembled
here yesterday to consult upon the
course which will be best to enable
them to sustain each other during the
approaching crisis. We had heard
nothing last evening Of the result Of
their deliberations.
Intelligence reached the ci'y yester-
day, Of tho assignment of the assets Of
the Lancaster Bank. The Hamilton
Bank was assigned O week or more
since, as was also the ChiIlicolhe bank.
II ia not improbable that some other
banks have been assigned in antcrpa-
ton of The rasSage of the resumption
bill We hear 80 many rumars about
bank matters from day to day, that it
is extremely difficult to know what TO
depend on Yesterday, we learn, the
way bill from Cleveland contained an
endorsement unCavorable to the Bank Of
Cleveland though there ia nothing ir
the Herald Of Mon1ay on tho subject
'Che Mansfield Shield and Banner says,
in a postscript, on Wednesday, that tho
1CleveIand bank has bursled"
People out Of tho State, particularly
Mt the North, where specie is abundant
can form no conception of the dep'0ra
able condition OF the currency OF ONO
Nearly the entire business of the pro
v,s,on market in this cltv, is transacted
i, shin plasters, and these so rNgge,
and dlry as to 10 almost IllegbIe Tn
Farmers aud Worklngmen IN the sout
-rarl Of the county, place tho most cor
Glcnce in rhe shinplOsers Of the Cor
rora,ion of Lancaster based upon nj
,nug for thec redemption, but The pul
lrc faith of that town They are pro
Iefrcd 10 most bank paper.
At Dayton business on the Canal
Almost en,irrIy suspended, from the II
ability of the produce merchants
find any money that the collectors vi
,ocelve for tolls They even refuse tt
no,es Of lhe franklin Bank Of This Gil
though the Sac is indebted 10 Il
t,ank in thu sun Of nearly half m
lion Of dollars.
Ulbana money changes hands at aRo