The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1854-12-16
a YEAR OF FINANCIAL REGULATION.

H. 90, To-, in - tI
,el;,r 49,, n.aa ~ ri..as, ~ =,
nnoysn,,lad Goanciai ,,scal;,, .nJ swinJ
( lin, ,c,iss oI LniJ r.,call, whole.,le
,obber;es ~ III. nu,,l;. b.yo Roc, no,no,,,
,ea of tho mos, rn,,r,Il.l.d ,b,,,c,o,
( Tbe s,,,s os ,,o,,o, ~ ,.,i-b 10 uoo,lo
have been s,sindled NV railroad o,es'den,s
b.,Lc,, ,uiI;c an1 ,,;,a,s ,,o,eLa,,. al
otber. Who have a con,rallino interest in
,,e,,a,a.,. ,,.,,.,, a,,,on.,. 20 49,, III;
lio, Of d,,la,. Tha L,ll o,encd v;,h H..
discovarv of m. ,o;,lo,io. ot Scbnyler ,he
p,os;don, n Tho Nm Yo,l aud >e,y its.
"a, D,u,osa IN ,ho ovor isapa of s,oek
boloroi9g n ia, co,,oratian and was fcl.
lov.d Ia ito disc,ns,,o If o,hs. r,,,as
.,d ,a,,1.,;,o.o ~ .;,,t,r n.,.,. +, No,,
Enoiand Tho corn,,v w,s ,,s,,lad he
theso d.y.lo,r,.,,,. ~ ,.sr,lity occn,,,,o
in Lioh and ,,is.oc,.,ie 4rclea .unnospd 10
he 9ovcsued hv nntiong 81 morality and
reIiSion. and y new term. mol hitherto found
in tho Inglish Language. was trough, into
uso n evnress The nnIlic sentiment in re,
GARD IN them VIZ. " S,luylr-,,m"
Before the commercial and monetary
citeIes had revived in the leest their conf
dence from tho shock which they had re-
rsivod from "Schu,lerisu" in the East.
theso canc unon Them the news Of the
rotten failures Of banking institutions IN the
West, md the losses ly them TO the masses
of tbe nooplo Of hundreds Of thousands OF
dollars Simrlt,ueous with the financial
dsyelnpment. in this quarter. there has oe
eurred upon the Pacific coast, in California.
monetary fraud and svindling more eicantic
.,rr than tho ,o,i er;ns of Srhnvlsf and lHe
compeers in the Eastern cities Meiaes
the Alderman of san francisco. has far
,.a.l : .l....-ir ~, H.. ,,,.,,uitud. Of tho
.,,,,s ,,t.i.h Lo L,. g.ec,1 ron, the rul,lic
anIs,,.lan 49,, ~, aa,ad,.rna Clo..ue.
""v ;.,i'.L d.a.ls,L ~, -. NJ,
- 81. -, ,,l.a Las sbo,,, b;,,..tf
I s,'a,a;,,;,,,, =,
~, H. - ~ }','..i.ad ,,an.a,Jd,l
-. T., a., ,',.a,,,,,,'a 1T, Of oyo,y
J,sa.i.',,,,. 49,, :" na,ina n +" colI,,sins
ii - -,
fit.is,s'
III LIT. ;..,..i. HOO. ta,.t,, room, q,
H., -. - ,l,.. ,..,,,s t,.,,,,,
','',!..' III -. h...I..,, .,., ,,.I,ose
~. -, ~,
"a. - i, =,
which they H'e pr'uted hh' oh" hhIl 81
these bank failures are honest, is net an idea
to he entertained for a moment, aud we
doubt not that settlement OF their affairs.
md exposure oil their management, !" black
aud white, will make beautiful exhibit OF
financial yllauy, IN addition to this, our
exchanges come to rs laden with accounts
OF embellishments upon the rat Of
clerks and Employees aud iorgcries in un-
n,l. the lesyen of dishonesty has thorough,
imbued the subordiaates These develop
IL. .h din, .,n,ncp., LOW s ae , ,t
moral commodit, throughout the land. thai,
a general want OF pccuniary confidence IN
every body cannot ''i 10 be 'ne result
"o ."vs, - '" aaa,,a up"1 s,ro sey ws,s
lule loek.d tot ,l. p.tsous guilty Of them
occupying, previously. good position in
society. Never have the masses Of the
people suffered more severely Hundreds
ma, thousands OF persons have been re-
duccd hy them, To pounry and want Io
them thoir losses have not been Eel, less
acutcls nui severely, because 10 many ca
Sos they have been robbed Of their hard