The weekly Minnesotian. [volume] (Saint Paul, Minn. Territory) 1852-1858, 1853-11-26
MONEY MArTERs.--We alluded last week to


by the Clarion but upon subsequent inquiry
we are led to believe that the list of alleged
broken banks. with the exception of the
Pntchin, Massillon, and one or two Others was
got up in st. Paul, for the especial benefit of
some local money sharks, after the arrival of
the Clarion on Thursday of last week. The
run on Mr.. Parker, who had previously con-
tracted to redeem such notes of the Erie and
Kalamazoo Railroad Bank as are marked
Y. B. and l. b. was occasiOned by this home
panic and for time--one day or perhaps a
little longcr-Mr. T., rather thoughtlessly We
are constrained to say. partook of the feeling,
and elevated the tariff of discount somewhat.
He is now, however, redeeming this paper at
former rates, and will continue to do so unless
something more than at present indicated turns
up. This paper is still quoted by Thompson at
one per cent. in New York. We know nothing
of it beyond what is generally understood by
ourcitizens. They are aware, AS well as we, as to
what is the Minncsotian's opinion of all shin
plaster operations. Certain it is,that we did our
duty at the outset of the shinplaster advent last
summer. Now, all we have to say about Erie and
Kalamazoo is, that we look upon it as being
just as good as it ever was and as regards its
legitimacy or illegtimacy as bank paper, the
facts can probably be asccrtained by reference
to the statutes at large of the State of Michi-
gan. Mr.. Parker continues to redeem it upon
the terms stipulated with Mr.. Bidwell. But we
have wandered from the main subject There
was no truth in the report that all the Safety
Fund Banks had suspended. In fact, the au-
} thcnticatcd list of broken banks does not ap-
pear to extend to the margin given in the
Minncsotian last week. There may be others,
but we must await more reliable information
than We have at this moment before we an
nounce them. The New York Herald of the
18th says the money market is gradually and
steadily becoming easier. The Chicago Press,
of the l7th refers as follows to the recently re-
ported bank falurcs:-
"There is a strong desire on the part of the
public to know who is chargeable with the re-
ports which came to the West last week, of sun
dry bank failures. OF the whole number thus
reported, but two-the Patchin Bank and the
Massillon Bank-are certainly known to have
failed The Chautauque Bank, the Lewis
County Bank, the Milford. the Buffalo City and
the OswegO Bank. and the Farmers and Me-
! chanics Bank of Kent County. Md.,-are all
said to be doing business in their respective To-
calities. There has unquestiOnably been deep
laid scheme to defraud the public in this mat
ter, which has been partially successful, and
now the public wish to know the party or pars
: ties at the bottom of it, Cannot some one shed
a ray of light upon the suhject?''
New YORK ELECTroS.---Through the polite
, ness Of our neighbor, Capt. MARYLAND, we have
a copy of the New York Herald of the 14th-
1t contains details of the late election returns,
and fully confirms the statements We published
last week. To the Senate there arc elected %
Wings, seven National Democrats and two Ad-
mnistration Frecsoil Democrats; in the Assem-
bly, there are rs Wings, % National Democrats
and Is Frccsoilers, with six districts to hear
, from. The National Democratic State ticket
beats the Administration ticket some 5000 in
the State, while the Wing vote is unexpectedly
f very nearly equal to that polled by both the
: other tickets. The Herald says:
"Thc Wings have a plurality in most of the
counties of the State, and an aggregate vote in
the whole nearly equal to that of the two Sec
tons into which the Democratic party is dvid-
ed. Those friends of the Administration who
relied on the representations of Marcy and John
, Van Buren,, that the democracy of the State
would sustain them through the Frecsoil ticket,
will now he amazed, perhaps, to find that the
Van Buren,, or soft ticket, so called, which they
called the regular nomination Of the Democrat
ic party, has obtained less than onc-fourth of
r the votes of the people of the Empire State
pollcd at the recent election, as the total aggrc-
gate will be nearly as follows :-Uhigs, 2OO,-
900; National Democrats. 100000; Pan BIZ
5 rem FreesOilers, 100000. This is a remarkable
commentary on the allcdgcd sagacity and inf1u-
p encc of Secretary Marcy, and on the effect of
the operations of John Van Buren, and other
leaders of the Van Buren, Frccsoil faction in this
S State"
TIE SEAsONs.-A young friend proposes to
sketch the Seasons. or rather each month of the
seasons, for our columns. He writes we'll al
ready, but will improve as he progresses. How
. much more wise his determination than many
others of his age, who have all the requisite
' ability, but through dfidcnce, or Incidence,
never put pen to paper! Would our voice
could be as one of many waters, saying to all
the youth of our country just entering upon the
active stage of life Write!
Z Busy LITTLE INsECT.-Thc 'Democracy,'-
that is the Minnesota Democrats Democracy
have small potato scribblcr stationed at IA
/ posia, Dakota County, signing himself John
: Greer who is visited with periodical spasms
o and commissions upon reading the Minnesotian,
n which by the way he either filches or borrows,
as he is not a subscriber. John let off one OF
. his pop-guns at us last summer, and now writes
to the Democrat to inform the editor and the
rest of mankind that he has but just recover
ed from the effort, he having been i'll ever
since. John appears to be awfully bcfoggcd
concerning the Minnesotian and its position as
a public journal VIC fear he does not read it re-
S gularly, which is generally the case with men
e who obtain the perusal of newspapers by the
surreptitious means he has adopted to procure
: our sheet. We have a notion of sending it to