The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-11-28

ngniand pouch All 10 famous railroads. TRACK and equip
ment real estate and personal, rolling stock and
tonsry stock and absquatulae with the same Scot.
land then there would 10 such tuue in the securities
OF these roads Eastern holders" in their "easy
confidence" have dreamed a. The farsecipy
journal above alluded to viii hen revert to the warning
which 1t Is giving With small degree Of pride
and not till then.
Our auhbio Albany offspring, notwithstanding all Of
the above companies acting precisely alike regard
to George S it'll ,ency singles out on the pe, that
no injustice may be done other wesetr raifrosds'
the GaeDa and Chicago the great ofender That il
not the motive at NIL. A little close examna ton will
discover that the Aim pre;sely the as what 1t
states and the real motives simply thistle reverged
upon us for exposure Of the rascaes OF the Albany
New York Central Railroad clique. The iackaI Of the
Albany lions unable to deny the charges we brought
seans its masters, and In desperate spite undertook 70
bite the stern rod Of Justice held over It, Some IN ore
potent arms Of defence and offence must be devised To
reutc our arguments or disprove statements
that possible, would indeed be a revenge We esnnot
however be moved by ISLANDERS upon company that we
have seen NJ to hold the public merely as an exam
pie OF road managed upon business prin
nor need our contemporary, or its Albany pronpters
hatter themselves that BY sacb ruse wo arc to b. d.
verified, or that public attention to be diverted from
the doinss Of this Albany edition Of tire Camden and Am
"
ner Of the cloak tina. skins films the ucerous sore
We know 1t to be firmly engrsf,cd upon tho body
potc-dcepy fcattd at its very hearts core
mining and corrupDg all that il far In Legislation do
cent IN morals or honest IN finance. II Ia mighty mo-
MED power IN the hands Of interruptions clique aid
cd by corrupted press for ths purpose Of control
ling the politics Of the State and swuiing the peope
Individually and collectively out of their money Not
wthstanaDs i's accumulation of sins, grown paipabs
and rank through Of Indulgence It Ia at this very
d'y in The full tide Of power and successful plumber II
H. nevertheless, fixed and unaicabe purpose to do
battle upon the monster until he restraints himself with
in his legitimate limits. We fear not its hundred eyes
Its hydra head or its sucking cub nearer home" One
and MI We rsasy 10 meet In plain terms we intend
to proceed with exposure Of the New York Central
ha'road present and past until tho entire
subject ard the individuals engaged In 1t are fully and
perfectly appreciated by the public abroad as well a.
"nearel home"
The Boston Journal of the Goth inst. says,--
As to the country banks whose bills hnye been ref,sei
BY ihe Suffolk 1t was announced at the time OF refusal
that the measures compelled by the inability OF tho
Grccers which had previously acted as agent for them
accie entail over ii at for redemption It wen sncwa
that most Of the country New England arrange
with the various city banks Ia redeem their circulation
fast sent from the Suffolk keeping open accounts
which at pariods ~ the year handsome balan
ces to their credit while al others tho accounts
porsiy ovcsdrawn by rapid return Of circulation
II happened that tho Grocers' not in cont ton 10
give this temporary credit to the banks with whom they
had kept such accounts and thus bills dscredted
which FOR all this proves to the contrary may be as sound
a. any In New England Hal other hanks State street
adopted the same rigorous policy towards the country
banks Of which they agents, fear that the
sumber At banks refuaed by the Suffolk would have been
eaIuly increased just at ths time Ts brief explan,-
ton will suffice 10 show the machinery Of bank redeD-
ton in state street and the insufficient yrouads Of alarm
in the accidental aud doubtless temporary discreit Of
the banks alluded to- Taken through the ycar the
arc al Oot ban and Droh
aud II does not follow that the country banks any
less able to protec. their issues because the GroceT has
been unable TO extend credit to which they doubt
less failS Untitled Already two Of tho banks toned
which again resolved the Suffolk and the others
VIII no doubt resporc as promptly.
The directors Of the Florida. Atlantic and Gaf Central
Rairood Company ready to receive proposals
grading crossass and other work necessary prepare
the road for snperstruc.ue buting tho road en-
tire fom Jacksonville to Alligator, including iron rails
end equipments complete.
Tie cost OF the Pensacola and Georgia Railroad &C.
ccrag 30 the estimate OF the engineer Is 81 $50 1873
Th,rc within Fix miles q tho line IA OPT acres Of
swamp, and ,oso Of internal improvement land.
There has been bad gerent something worse ID
the Indars Rank Department. there Of the
following banks still outstanding while all the sccurie.
in the Department have been sold and tho proceeds
UP In redempons, viz Benk Of America Morocco Dro-
vets' Eank, Rome Government stock Bank, Lafayette;
Herci snis Bank. lafayette; Merchants Bank, Spring
Geld; Perry County Bank, Canneton; Public stock Baak
Newport state Stock Bank, To9snsport state Stock go
Guilty Pank Newp 1T; Wabash River Bank Jasper New
Yoik stock Bank, vincsnnes