Marshall County Democrat. (Plymouth, Ind.) 1855-1859, 1856-02-28
Running the Indiana Free Banks.

Our readers will remember that we Il few
DAYS since stated that an office had been
opened in this city by Dunevy, Haire IL
Co., for the reported purpose of running
home the issues of tie Indiana Free Banks
Mr. Iaire came to us and authorized us To
state that such was not the fact We did
SO; but ut the same time stated hat these
gentlemen had already drawn about $1,000
in coin from the kentucky Sock Bank at
Columbus
We are jus. informed by the President
Of the Tippccanoe Bank, that these brokers
(Dunlevv, Haire d Co. drew over Sc, 900
from his bank this week. We are also in
formed that they { ID. III. IL Go. keep Il man
hired purposely to carry homo 10 the banks
their issues
We hope our business men will set their
faces like flint against any broker who
comes among US To make war upon our
banks. backed up hy the money sharks of
Cincinnati.
Let il once become known Ia our bank
crs hat such an establishment has an ex-
istence in Indianapolis. and they are bound
in self-protcction, to refuse TO circulate their
bills-thcy are compelled to refuse to bust
ness men those accommodations 50 neccs-
essary To their Transactions
If the business men Of Cincinnati are
determined 10 maintain their position of
hostility to oui hanks, secured, as they are,
by ten per cent. of stocks Eat their marId
valuc) over their circulation, the business
men Of Indiana should look To another mar
ket for the transaction Of their business
Cincinnati has grown and fl.tened upon the
products a d energy Of lndianians, and
she now uses every effort to crush those
who have built Ler up. Even the Gozeac,
Of that ci V. joins in he crusade against
oar Free Banks, when. we arc Informed BY
the President of one of those banks, that
the paper Of that establishment has had to
be protested, for accommodations extended
toi.s proprietors, for non payment
Our business men have remedy for these
outrages Of the Cincinnati brokers and
sharpers upon our people, in their own
hands For, if, ut the present time, our
banks are compelled TO draw in their circu-
lation, the effect will be to cmbarrass the
business of Indiana to an extent much
greater than many imagine.
The Free Banks Of Indiana are well Sc
cured, and their issues are safer, by far.
than those of the stock secured Banks of
Ohio. Yet those land sharks, The Cincin-
natl brokers, throw out the notes, Of our
Banks, or only receive them at a large dis
count, while they receive at par the scaia- /
,roy currency of their own State Let our
business men apply the rcmcdv-which is,
to withdraw their patronage from Cincin-
natl and bcstow it where it will be appreci-
aied, and their rights and interests be re-
spected
In this reference, too let them have an
eye to those establishments set up in our
midst to run home the notes of our Banks
Since the above was written We are in
formed that Messrs DuxLvEY, HARE IL Co.
have not confined their running opera
tons to the Free Banks alone: they have
amcssenger employed who visit the branch
es of the State Bank.
The average visits of this financier to the
Branch Bank in this city, are tmo, daily.
These "money regulators. therefore, can
not be saidto be partial in their financial
accommodations. More anon.-.SentinI