The weekly Minnesotian. [volume] (Saint Paul, Minn. Territory) 1852-1858, 1853-07-23

state OF moral feeling exists among our business
men, in regard to the circulation Of shinplasters
and wild cat money. The merchant should be
the first to throw himself into the breach when
the avenues of business are invaded by such a
currency. He is looked up to with confidence
by the farmer and mechanic, who handle COM
paratively very small amount of money. as
their guide in all money matters. If he receives
into circulation and countenances the issue of
irresponsible paper, he must pay it out; and
the laboring man, in town and country. takes
his word that it is good. Perhaps the re-
celver may not wish to use it for six months
Or year-rclyiny all the while upon the fact
that Mr.. Tyson. or Mr.. Rcy, or Mr.. Elicit told
him it was perfectly good. Then comes the
crash, and who loses? The holder of course.
But who bears with the issuer of the paper an
equal burthen of the moral transgrcssion of
wronging that poor laboring man? The mer-
chant, certainly, who deceived him-thus MAX
ing himself morally if not legally, particeps
crin,inis with the wild cat banker. Let mer-
chants and business men remember the respon-
sblity thus thrown upon them, when tempted
with the prospect Of making good sale, to re-
ceivc Central American Bank or notes of that
| ilk
- Knowing that the editor of the Democrat
agrees with us fully in regard to the shinplas-
ter and wild cat business, We shall expect his
cooperation in cxterminating from our midst
all such concerns as the Central American
Bank. The Democrat, this week, had not
word on the subject, which struck us as some
what strange but perhaps the editor will make
it all up next week. We believe it is our
neighbours motto to q go slow; = which is very
good one in many cases. but in this it is other
wise. While Samson slept, the Philistines
shaved his head and gougcd out his eyes
ESTABLISHING CONFIDENcE-A gentleman hay
ing four hundred dollar draft, drawn by one
of the branches of the State Bank of Indiana
upon one of the best banks in New York city
good as gold-steppcd into the Central Amer
lean Bank on Thursday, and inquired if the
Institution bought Eastern exchange Being
answered atirmativcly, and the terms agreed
upon, with the understanding that the purchase
money was to be paid in gold, he threw down
his draft, and was offered in return their own
shinplastcrs, being informed they were the
same as gold. Our friend did not think so. and
kept his draft.
- A saw mill is in process of erection at
Eureka. We believe it commands tie best wa
ter-powcr in the Minnesota Valley-thc out
let of Swan Lake. a creek the size of Little
Falls creek, with cascade of nearly equal de-
scent.
- Willoughby d Powers have received ano-
Their yallcr COACH making in all five Of the
best Concord manufacture, which they run
daily to the Falls, and between st. Paul and
Saltwater. They have also received a number
offrcsh horses from bclow--fnc fellows, which
go right along WillOughby returned from
the East last week, and brought all these things
with him.
- Macallister closed on Tuesday night, after
giving seven performances, all to the great de-
light of st. Paul and the surrounding country.
The receipts the last night were equal to those
Of the first.
t - Capt. David BARLEY of Galcna, is a human
man. He don't forget his friends up this way.
who are toiling and swctering under a July
heat, unequalcd in the tropics. Fresh lemons
are scarce, and it isn't every one who can get
hold of them this season. We are also indebted
to friend Downcr, of the St. Louis Hotel, for
, grateful rccollections on his part.
ST. Louis lIoTEL--Wc took a slight glance
, through this establishment on Tuesday 1t is
| kpp n CT i'll,
ed throughout. Its locatiOn-siy miles above
St Paul. and adjacent to Fort Sncling-can-
; not be surpassed in Minnesota Persons who
have stopped there are delighted with the house.
as well as the situation ; and we have no doubt
that were the fact fully known below that there
!, is such house open in this vicinity Mr..
Downcr would not be able to accommodate a
quarter OF his guests. AS it is, we have no
= doubt very many strangers will avail them
! selves of this pleasant retreat to pass the hot
months.
4 - The following bills will he introduced
into the next Legislature TO declare Lake
= Tyson navigablc on rainy days to take Frank
t Pierce and Daniel Wcbster's heads off Richards
: Clarke S shinplastcrs to Danish the OK that
G hauled the rocks in the Mississippi below
: Chccvcrs toprevent steamboats, from attempt
# ing to butt the brains out of the head of navi-
: CATION to stop bad associations, such as Viii.
newspaper Offices. from surrounding the editor
Y of the Democrat; and to prevent persons who
: are running for Congress from running the
G thing into the ground.
= - St Paul has Lccn honorcd, the past week
with number of distinguished gentlemen and
choice spirits from the States. We had the
, pleasure of meeting our old friends J. Russell
" Jones, of the house of b. II. Campbell & Co., OF
Galcna and Mr.. McCloskey, another model mcr-
chant of the prosperous city of lead Mr.. New
combcr, the popular Wing Sheriff of Ogle Coun-
ty, His. and last, though not least, Mr. Sheets.
CT the Frecport Journal, with his friend, Judge