The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-04-22
477,I77,O93f &c

From the Paris Debats, March a.
One of the items in the bank report which it is most
important to examine at present. that OF protested bills;
for their amount enables to adge Of the intensity of
the crisis The amount of these bills joined an unde
termined quantity of others which have fallen due, but
Of ooof ii that amount represented altogether dis
honored bills, would certainly be greater than usual
Yet it is well to remark that would be far below the
sum which was attained from 1890 to 1881. On December
27, 1880, the amount of dishonored bills 41i2 ,Ooo
and the year 1881 carried to 00Of But the loss of
the bank not one-half that sum.
Two items of the liabilities OF the bank also merit at
tenonthe account current of the treasury at the bank
and the amount OF private accounts current The first is
at present nearly 90 millions The payments into Golfers
of the State ought to increase it, which much to be de-
sired. But if the government has only 90 millions in
the bank, private individuals ~ Millions that is within
ed TO suspend specie payments In times OF prosperity,
the amount of private accounts is SO great Rev
outions in general cause funds to flow into the bank,
because OF all places Of depose it is the surest In
1880 the accounts current were 10 millions, and du
ring the agitatons of 1881 they reached millions
During the year ls47 the average amount Of the
been so millions The bank, in moments OF difficulty
like that which passing through, has credit
superior to that Of the State itself When it employs it
cleverly can render immense to the public
veal is because we attach the greatest Importance
the credit OF the bank remaining intact that were at
fcted when specie payments were suspended. We are
aware of the concessions which must be made to neces.
sity. and consequently we have intention to incrin
nate what has been done in that respect But all our
In the midst of the shock given to all commercial exist
ences, there ought to be, in order TO prevent final
akup, fixed point on which to depends and at the
present moment the bank alone be that point II
be imagined that, with such views opposed the
issues OF the bank being carried beyond the limit of the
35oooo. 900 fixed by the provisional government Care
must be taken not to render return 10 specie payments
at the bank impossibe and if, as has been recommend
ed, the issue was TO go 100 900. such return
could not be thought Of
M. Theirs has issued address 10 the electors of the
department Of the Bouches du Rhone who had offered
him their surages at the approaching elections We ex
tract the principal passage from this letter NJ Theirs
says: -
81 thank You, gentlemen for the recollection which vo
have been good entertain of me- and of the
which endsavored render France during eighteen
oil public lite. believe, in fact that have much yht
my competitors chosen by the department. which
WA; born Perhaps have given en. some ne The
served with arden patriotism the OF order Of liberty
onationa! greatness Il ry tre that neher desired
tona monarchy was sufficient large share Of
Liberty and The state Of d. the r g. wS
Try Providence has decided otherwise incline be-
s.., the forcs Of shnss :, striking
signs therefore accept the repubc without thoughts
iife" - '0 ''''"' - '''''" my p"'' - NY
Theirs then goes say that, after 1890, he first
defended the of orde then that of liberty and OF
greatness that he could have obtained the favor
tue exmonarch, but that he had not sought it, because
ms CONVICTIONS We're not the same OF eighteen years,
ne had passed twelve in the rmest most constant most
experience he has acquired would be useful 10 the new
order OF things, and he had therefore consented to be-
come candidate of the national assembly; he had GO
labor for disguised restoration but frankly to const;
tue the republic solid and lasting bases N deen
the ssssn s cond f IONS o. every prop
as follows:
al believe that have maintained the interests of NV
country 10 tho mss:ars which Our ressn, Institutions a.
partments regards talents; but dare to call myself