The Democratic sentinel. [volume] (Cadiz, Ohio) 1852-1853, 1852-12-15
Bank Trash of other States.

to the circulation of Bank notes of other
States into this, from Lords Cincinnati
Counterfeit Detector:-
A few days ago, the chartered banks Of
our city commenced throwing out the notes
of the Banks of New England and \. York
State. 1t is now left with our private bank
ers to either purchase them at one per cent.
discount, or receive them on deposit. We
predict that the latter will be the result, and
that the present arrangement will not stand
one month.
The private banks allow six per cent. on
deposit, subject to be drawn at any moment
The chartered banks allow no interest,"
Should the former take these notes on de-
post, it would greatly increase their bust
ness operations; for such notes have become
very abundant in the West-too much o
and to the exclusion, we think, OF those
based upon better securities. These foreign
notes are generally from weak banks. Let
them be sent home.
The following, relating to the above sub
ject, which we copy from the Ohio State
Journal, (whig,) is worthy of consideration,
coming from the source that it does. If our
circulating medium is to be of bank notes,
let us have good or none:
A large amount of foreign currency is be-
ing brought into this region to pay for hogs
and other products. 1t comes here on the
regular course Of business, and, in the alb
sence of Il home currency, it goes into
general circulation.
Much of this currency is from. the east,
and is either so well known, or so secured by
public stocks, as that it is received with con
tidence by our Banking institutions.
But-MARK ~rHIs-etforts are being made
to foist into circulation along with what is
good, the notes of SOM Banks of doubtful
character, or whose condition is unknown
here, and some Of no character at all. For
instance, notes ~purporting to be of Banks ia
host Of them located in Washington City,
and which really have no existence, have
been brought here lately, That currency is
wholly worthless.
The Banks of Columbus, we are informed,
do not receive the notes of the banksof other
States, unless such as are of well establish
ed credit and generally current, or Of such
as are secured by public stocks. They re
ject, particularly, Wisconsin, Michigan, Erie,
Pa, and Bank of Milford, Delaware. The
western are refused chiefly because of their
distance from home the others because of
the ignorance of their condition, especially
the last-"Millford." Our advice to farm
ers is, IL take nothing Of doubtful character.
So" Capt. Samuel Walker, of the Mount
cd Rifles, was stationed for a time in the
castle of Perote, at which place he was
placed unler arrest by Col. Wyncoop, Of the
Pennsylvania Volunteers, for an alleged dis
obedience Of orders. When Gen. 10. Lanes
Brigade had reached Perole, Capt. Walker
was released from arrest and joined General
Lanes column, then marching to the relief
Of Col. Childs, who had been bcsieged at
Puebla for several weeks, by Santa Anna.
Eleven miles from the City Of Huamantla,
the American forces under Lane took up
quarters for the night in one of Santa Annals
Haciendas. This was early in the after
noon. Gen. Lane sent out his Mexican
spies to ~reconnoitre, and after a brief abb
sense they returned, and reported that San
Ia Anna was occupying HuamantIa with
some $500 or 5000 troops. Lane immcdi-
ately ordered the 4th Indiana Volunteers,
under Col. German, Capt. Taylor's battery,
a portion of Wyncoop's Pennsylvania Regi-
ment, and all Of the mounted men in his
command to prepare for an immediate march,
leaving Col. Brough's 4th Ohio Volunteers
in charge of the train.
In half an hour they were on the road to
attack the MeXicans. Walker was ordered
to keep about half a mile in advance Of the
infantry, but being of an impetuous DISPOSE
ton, and eager to attack his sworn enemies,
the MeXicans, he hurried on, and by the
time he had reached Huamantla, the artille-
ry and infantry were between three and four
miles in his rear. The first charge made by
Walker routed the Mexicans, but they soon
rallied in great numbers, when he found it
necessary to retire to- a church yard, at the
gate Of which he was shot through his head,
not however as has been stated, by an en-
ragged father whose son he had killed. The
Americans returned into camp about twelve
o'clock the same night, bringing with them
the dead body of Capt. Walker and several
Others, who were killed in that engagement.
The next morning was performed the mel
ancholy rite Of burial to the dead. Holes
were dug in the sand and the lamented Cap
tain was buried with no shroud other than a
blanket, and no coffin save the sandy earth.
Subsequently his remains were rem owed
to San Antonio, Texas, where they now rest
in peace, while the recollections Of his noble
and heroic deeds will live forever in the
hearts of his admiring c~ountymen.
EB" The above, which we clip from the
Statesman, pays a just tribute to a brave
and meritorious officer, Capt. Sam'l Walker.
Our company Il. Of the 4th Ohio Regiment
was chosen to perform the last tribute of re-
spect to this brave and meritorious officer
and while they were firing over his grave,
many a tear was shed by the gallant men
who had been under his command. They
loved him as men can only love a brave and
generous officer.
Daniel Webster.