The weekly Lancaster gazette. (Lancaster, Ohio) 1852-1855, 1853-08-18
aOerhly Gazftte.
cry OF LANCASTER;
Tuesday Mornine, Aug. 1d, 1913,

a aE@0Ay 40o6t E 1
SpuRIoUs NorKs OF THE STATE SrocK
BASKs.-The notes OF all the State Stock
Banks Of Ohio, says tho Cincinnati Gazette,
.werc yesterday thrown out by allthe banks
Of Cincinnati This action was not the re-
suit Of any doubt of their solvency, but from
she fact that genuine notes Of at least three
of these banks, duly signed by the Register
bot with forged signatures Of the President
and Cashier, have been put in circulation
and sill continue to circulate. THESE
notes are on the Ohio Savings Bank Of this
civ, the Miami Valley Bank Of Dayton and
the Ironton Bank OF ~Ironton. The notes
Of the TWO former. were last week refused by
Ellis s. Sturges, on account of the dlfticul-
~ and almost impossibility Of distinguishing
between the genuine and spurious notes.
We do not see how the banks can do
otherwise, nor how the community Is to be
safe without following their example. The
only true course to be pursued, is to refuse
the notes Of at. least all banks which have
spurious notes ofthls kind in circulation
The carelessness or ~rascality which seems
to characterize the management Of business
in the office OF the Auditor Of State, or OF
the Register. may induce cautions people to
follow the example o our bankers, and re-
fuse the notes Of all State Stock Banks.
The public is deeply interested in know
ing who is responsible for putting these
notes into circulation; and how long the
game has been played, 1t is due to the
people, who are always the sufferers when
spurious money is in cirtuiation, and it Is
due to the Banks whose notes are thus bro't
into discredid, that a statement be made at
once by the Register, which will show how
many of the State Stock Banks have had
their notes stolen, and what is the prsbab,e
amount Of their spurious notes in circula-
ton. The Auditor and Register also owe
il to themselvesto show how and when
these notes were stolen, and If possible, to
prove themselves entirely free from blame.
II the business Of these Offices Is conducted
MS it shouidBe, il ought to be Tn easy matter
for them TO show the amount Of notes which
have been registered for each bank, the a
mount delivered to each, and the amour
still in the hands of the Register and th'
interests Of all parties demand that such
statement should be made Immediately.
IL was known some months ago that gen
uine notes of the Miami Valley Bank, dul.
endorsed by the Register, had been put i
circulation, with forged signatures Of tn
President and Cashier. Sufficient time Ina
elapsed to have thoroughly Investigated tina
should have been given, the public Ion
since. There has been.a criminal dilatori
ness somewhere, and il the banks who's
spurious notes are afoat, ACKNOWLEDGEMENTS
u Indifference here kept silent SO long, W
are glad the course Of the banks and banl
ers Of this city is likely to spur them up I
greater activity, and at the same time pit
the people on their guard and secure theI
rom loss hereafter.
The facts in these cases lead to reflection,
which are well calculated to- awaken dii
tpust of any system. Of banking. In. TIL
State, we have tried very hardito constru'
a system which would make the notes of tn
banks perfectly secure to the holder, an
would yet hold out such Inducements
men Of capital as would lead them to estal
lish banks. But, before the system has fur
got under way un unexpected difficulty pr
SCENTS itself; aud WI find through tho ign
rance, carelessness, or corruptiomof tho
who huve the custody of the untitled /
notes of our banks, that genuine bills wi
forged signatures are In circulation, whit
the community has few or no means of d
tccting.
Let us have u speedy Investigation. ofth
business, aud if il 10 impossible to discov
the guilty partics,let ia at least have this SO
isfaction of knowing that some attempt h
been made to do SO. If the blame or the gu
is with the Auditor, the Register, or the L
graver, let us know il; and let US have sor
assurance that the game has been stoppe
aud that every few weeks Is not to add
mother to the list Of banks that are now
discredi..
RAILWAY CELEBRATIONS AT WILMTNG 70
The Wilmington papers give glowing a
counts Of the manner in which the fir
train of he C., w. g. u. Road was WELDON
ed to that place on last Thursday. III
crowd in attendance waslmmense--excee
ing the expectations Of the most sanguin
1t is estimated that between ten and &
teen thousand were present. The barb
enc. dinner WIS gotten up iusmaOnilcel