The miners' express. (Dubuque, Iowa) 1849-1854, 1853-06-29
THE ATLANTA BANK.

he La ~ n DhNAN'
We trust that the people of Iowa are too
uch alive to the Inconvenience and losses II,
hich they suffer by reason of the circulation W
mong them of foreign bank paper, having what Ia
deemed good basis for its redemption, to =,
ountenance, for a moment, the Introduction tr
nto their currency of the irresponsible issues OF c.
George Smith swindl,ng shop down in Geor-
ria. rhe known facts, that the paper OF this
atlanta Bank does not circulate in Georgia, the Il
ocaty of the bank, that it is there regarded as b
worthless and known TO be SO, that it is sent OF
hundreds of miles, where its irrespons bility and
fraudulent character are supposed to be un-
KNOWN in order tn obtain for ii a circulation as
responsibIe bank paper, should be enough to
make the people shun it as they would the small
pox, which this mis- called money sometimes
carries INTO communities. Men of value do not
need to 90 afar TO shine. AT home, where they
are known best, their worth will be most readily
acknowledged. 1t is only impostors and cheats
that compelled 10 seek country winch
knows them not, to acquire reputation Tor
honesty of which they are wholly undeserving'
In this way clever villains sometimes get es-
teemed as worthy men. Thus game is playing
bv the Atlanta Bank. Known to be worthless
at home, its issues are sent abroad hundreds OF
miles where people have not the means, or the
opportunity or the prudence to inquire into their
stability or value, and are sought to be imposed
upon hard working, faithful, honest men, as
valuable exchange for the produce OF their toll
and labor W hat can be more insulting than
this VIII the people permit these rig shops
to force their filth upon them in exchange tor
the fruits of their enterprise and painful indus
try
How long men will be satisfied with rotten
i bank paper-mere stuff whose value they can
a, no time certainly know, changing with the
wind and with the hour, uncertain, unstable,
irresp onsbe--as the principal representative OF
value among them, we cannot undertake to say
The citizens of Iowa have as good constitutions
guards, in this respect, as may be had, and II
they choose to take trash, instead of money, ii
exchange for the products of their hard toll, they
can but charge the resulting injury to their owr
folly. At time when the xampled yield
, of the gold and silver mines have made sucl
vast contributions to the stock of real money
when every arrival from California and Austria
liza announces the acquisition of new millions
we find specie almo>t excluded from the curren
q cy by flush and ABUNDANT paper circulation, b
e the emissions of banks, East, West. North
q South, anywhere, everywhere, of whose condi
:, ton and responsibility we know exactly moth
lug. This is the way people, with their eye
e open allow themselves to be cheated. Whe
:, they might and should obtain, in exchange ft
. the produce Of their labor and ingenuity, an en-
- during, legitimate value, they f1olishly acceI
IT trash, -mere lying 'promises to pay, instea
il of the valuable pay itself.
= We most heartily execrats this bank papt
t system 1t has no affinity with true democrdc
at confinng lis benefits to the few, and ex.endin
g its destructveness to the many. 1t is no aid
f. rational, steady, healthfpl progress, since it
u the encoura cement of speculation, extraV
rs ganoe and Indebtedness, both public and pr
yate 1t is an illusion and cheat, tor Il
reason that it is not that which it claims to b
III carries li!poslioH oh ITO idoe IL PioiS''N'
be money, when we know it to be vile rags
1t breeds inequality and injustice, for the reast
= that it aids those who need aid least, and denl
~ aid to those who need aid most. 1t never +
:" vors the honest, industrious, hard workln
. rd-faring poor. Thoroughly convinced no.
as we always have been, that the system is III
equal, unjust, unsabla, rar, ly aid Nc the nece
sites Of societies, but generally productive
- disastrous cons quenccs to thei; interests, '
g shall never delay to exhort the people-at
AT proper times-to SIT their faces against it,
&c shun it as a positive evil, 10 prefer the su
IS stance 10 the shadow-the reality, to t
draan-the fact, to the le-money, to rags.
As for this Geo Smith, we deem him rich
- worthy of the penitentiary and, if rascallty
duly reward d, we have doubt he will tena
lis one in the end The issues of the swindli,
90 shop which he has established down in Geo
al ga are condemned as worthless by the uuive
Ir sal voice of the press and BUSH men: Il CT
he hardly be necessary, then, FIR us to warn o
- readers against receiving them as money. i
ar charter Of the bank, which We have pu
shed 10 The Chicago Journal, bears fraud P
rs tent on It's face On this point, it will be sui
=, Gent to give our read rs the tn rough expos
D ton of single section, in article tlken fire
ell the Galena Jetersonian, and published in o
W issue of to-. day.