The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1855-12-01
Epo,.i, IlunLs.Enstcru Hanks,

!aSI TWO OF tHTSc iiOutAS vi t'1S 'SVi %"
wild cat Banks by the Chicago 7uao and
Tribune as leaders, and the country press
generally as hackers up. We have not ia
ken much part in the war, for the reason
that our best efforts heretofore in that way
under different leaders, had been crowned
with SO little success, that we felt like play
ing locker on for while and watching the
progress of the battle under the new gene
rails. We believe thus far the wild cats have
maintained about an equal contest, and if
their paper is to-day IN less credit than it
was a year ago, we have been unable to find
il ont.
The wild cats are not only defensive, but
aggressive They have not only attacked
the papers which make war on them 10y
threatening TO drive away their patronage,
but they have commenced war on the le-
Ultimate banks Of our state. We published
last week a circular issued by the wild cat
bankers in Chicago, in which they attempt
to compel all the Illinois country banks to
redeem their bills in specie in Chicago, or
they will be thrown out and diScreditcd;
while these very wild cats make no pretcncc
to redeem their bills in specie this side Of the
interior of Georgia, and then only in drib-
bets of gold dollars grudgingly dolcd out.
There is u cool impudcncc about the thing
that is refreshing even for a Georgia Banker.
There is a movement now on foot, how
ever, if the article we copy to-day from the
1iijuSe can be credited, that may very ma.
tcriaiy change tho phase Of Affairs "" az
course alludc TO the movement on the part
Of our principal railroads, TO refuse to re-
cciyc the wild cat issues in payment OF
frcights and fares If this is carried out, 1t
must give the Wild cats blow from which
we are unable TO see how they can recover.
Our railroad companies handle nearly as
much money, and have to do with as many
people, as our merchants, and if the former
discredit the wild cats the latter must follow
suit, and then their universal discreit must
inevitably follow. This would route the
VIA cats ana emu inc war !" s"o't o'u'r'
While we note with no niue pleasure TINS
hopeful state Of the battle against the
georgia Wl!d cats, II must hot DC 'o'so'''',
however, thSt there are also o'"''" VIVA
cat OahhS, as uoSp'cao'y swimming CONCERNS
as the worst oil 'hose IN uoo's'a' Oonhecu-
3, I,1t Of, la, nj 90 ..
cut, Tor instance Is i"'' o' 'ue"'' anu 81 Is
Massachusetts, New Jersey Mary 'a'u' &c
There was news only last SATURDAY received
by telegraph that the following banks had
been thrown out by the Suffolk Bank, Bos-
ton, viz:
Monsoon Bank, Mass.
Ellsworth Bank, Maine.
Scarsport
UFho p,... p..,. u.;.,
Snm,L PovaI,o, E,nL Vermont
Peoples Bank, Derby Line, Vermont.
All the New England banks redeem their
bills at the Suffolk Bank, Boston, and as
these banks ran short, thcy were thrown
out. They may or may not be good yet
but rs they are all based on the generous
confidence" principle, like Geo. Smith and
.b, C,,r,,,o ,,;ld cots tho,, arc not cr,itIod
....,;,
"i'' ''o'o N'1'''
The only safe plan IS to he cautious with
all the unsecured foreign banks, and to deal
nc much a. nossible in the stool sccurod
- -, Iro..ia.,:.-,..'
o"''"' VI o"' v" - ''''''. - 0'' ''''"'''- ID"
is too stringent 10 enable them to compete
with the rotten banks Of other states, it
ought to he so changed as to give them
bottor chancc--rovcr however dcnort.r,,
r.ar, ,,,o s,.s,o,o rLoyi,, ,ho i'm 49,
NUN '''V ''''' VI ''"''"e wv '''' ''''''''S
secure. -
v.,... c.,..-.... NJ 49,. r.
N'''7''' WASH. ''''''- ',' nausea ''''
state constitutional convention adjourned
last week, after having perfected 4 constitu-
ton in accordance with tbe views Of the free
,,,,,. rr.1.. ~, ,,.,. ..i,, ,o,,.'a,,,r..
o''.0 N'-"' O"u'i ''''' my "''' '0" app!
to be admitted into the Union as state.
The following, from the st. Louis Democrat,
are piyen rs tbo final proceedings Of thn
,,,,,a,,;a, ~, o,,,,;n,. a. ooa.,i,',,;,..
wa '''''o'' va "'VP'''e '''' ''''''D''''''
ABOUT Midnight tle PRESIDENT SAID:
"GESTLEWES: The Constitution has been
read for the first time those in favor Of its
passage will signify the same by saying aye"
"Ayc.' shouted every delegate without
exception, IN loud and enthusiastic tone,
s.carI Ho ' L ~ ,;o sa;I W. parr C'
"The Constitution Of Kansas" rcad ,bc
Secretary.
Those in favor OF ITS passage said the
i,s'f'"', ""' S,s"'y ny say aye
fare os looked nj Whom tho presiJont yo;d
so. Every delegate voluntarily held up his
hand, and shouted Ayc-half rising as he
gave ms vote.
=. nov .,'"t ''ic So''sutu'Ioi' NC reau ny
# WAS rrnd bird time and ar,i1 tho
President put the question.