The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-08-19
philadelphia.
Correspondence Of the Herald.)

PHILADELPHIA, Aug. 1913.
Quaint Remarks on Banks, Banking and Cathoiciiy.
DEAR SIR -
Please state in your valuable Herald the quantity
of specie now existing the banks OF the city and
county OF Philadelphia ! You must have noticed
the constant declaration of our oracles, (which
cannot lie, issuing by authority, what is termed
newspapers, ''that money is very abundant here,
and its hire less than six per cent year approved
paper" AS l have received much instruction from
reading your money articles since A. ID. 1885, in
fer many other citizens are now aware that money,
coin, being one of the results of labor, well
as a necessary to all jewellers in cities, without
ground to till, that no act can be more oppressive
than the conduct OF the Rump managers Of the Phi
adelpha banks, in inducing the public to deposlte
their money IN their buildings free OF charge, that il
may remain there dead and Of no use, because the
managers OF said banks without sufficient In
teligence to conduct the business OF legitimate
banking, or are hostile to all enterprise in which
they are not invited to share. There IS no commu-
nifty on earth where an honest man can obtain less
money on loan, or Tor so short time as here, under
the dynasty of the managers of banks, proclamng
hourly 10 the furnishing population, that the banks
have abundance OF money to lend" Let us sup
pose that the same benevolent managers had the
screws OF all the hydrants and water cocks, and
the same population commenced perlshing with
THIRST, as they are now starving Tor money, are you
tomb of the Capulets' under the canfng and chaun-
ing requiem Of the Presbyterians, Protestants and
Quaker sects that have and still fill the stations OF
bank managers. And pray record it as a fact that
member of the Roman Catholic Church was
ever adirector of the United States Bank here, nor
az far know, is now a director OF any OF the
naming banks. How do you account for this ina
country where the heads of both factions assert thai
according 10 the declaration OF Independence the
union OF Church and State was for prescribed
1t is we'll known that the three banking sects have
named have, from A. d. 1922 up TO 1910, had an ave
issue and circr laion hlsState OF not less than
$50 000, 900 of rredeemabe bank notes, with which
weapon they controlled the ballot box and were
thus able to send their representatives TO the Legls
lave halls, and thus have monopollsed and united
the Church, the State, and the paper money power
In evidence OF this, observe that, under this dynasty
the whole character of the population has deterlo-
intellectually that portion OF it which set in the
high places of the church, the State and the paper
money mints-but pray record It as another iact 10
illustrate how the native blood has fallen from the
standard of the Roman republican Brutus, who
would have bookedthe eternal devil to keep his state
in Rome" that very large majority OF all these
persons who have played such fantastic tricks here
and in the legislature, were not native citizens oil
Pennsylvania but emigrants to our soil from New
England, New Jersey, Delaware and Maryland,
whose nakedness and love OF luxury induced them
to enlist under the banner OF the local Catalines oil
this State. The report Of the committee of the Lee
gisature the 500, 900 lumber Job of Governor
Porter, contains the sworn testimony oi the illus
trous President OF the Moyamensng Bank, (who
no doubt halls as son OF PENNSYLVANIA, when rav.
elIng IN his coach and four black geldngs, but is
dc Jacto, by birth, hide and tallow, a diminutive
born subject OF the Prince of Hesse Cassel-our
rebel loreathers slew his couDtrymen as Hessians)
that on said occasion OF buying law TO enable
our hy-one banks to continue the plumber OF the
people another twelve months, he swears he played
the important part OF " stool pigeon" oay refer
to this public action of public bank officer, 10
prove that said Judas was not the product OF the
soil Of Pennsylvania; and be il recorded, that no
Roman Catholic was concerned in that Benedlct
Arnold transaction. A Protestant, a Quaker. and
a Presbyterian were the committee OF the United