The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1856-04-14

produce dealer from the interor of the State,
now reaches the head THE, market, and at
less expense. They sen where Cincinnati
sells, ami Thereby. save the commissions and
profits of the Cincinnati dealer. To such an /
extent has this trade, been diverted that it's |.
safe TO estimate that not less than nineteen
Htwentieths of the products OF Indiana seek /
some other market. A few counties in the
White II alter Valley, and along the Ohio.river |
can alone be said to be tributary to Cincinnati.
This has been simply the result of the ma
tural laws OF trade Oar products have sought
as they inyariably must seek, the highest nlar5
ket, and the cheapest channels to that market. !
/ But while Cincinnati no longer furnishes a
] market fer our products, it has continued to
berthe mart, 10 great extent, for the supply
lof the merchants and dealers of c-intef4org
and. Southern portion of the Stateslssd nc con
centratien of capital at that point, the extern /
sive business houses, the facility ct reaching
the city, and the influence OF old habits and as
sociatons have drawn our merchants thTther-
/ ana drained our State of the money received
| from ether sources. Instead o. bartcring the
products of our soil for theH- wares and marT5
chand re, we have paid then, i'll money. in
i Eastern exchange, III coin or IN the notes OIL
our Banks, which are as .solyant and as Wen
E secured as any in eX stence. We have thus
placed III III cir hands the very means Inch
ara da ~ used to crush and cripple our pros
Iperity. a
Il A combination ofBrokers exists in the Queen
y City who decry the value OF The money SO re-
lceiyed, compel the merchants 10 part with it at
! such discounts as suits then convenience, aad
Il send it here for coin with winch togpurehaSe'
more The merchants and manufacturers Of
; Cincnnaticoniributet the capital whlehsustans
the Brokers in this policy, by depos!ting with
{ III ad
n from their customers. The failure oi nearly a
duzi bank ing houses in Cincinnati in lS54
VII n called upon for Their deposits. turnisned
-sl irl esistabie evidence that the swindiers were
destitute OF capital as -ofcnaraetsr9iR 83I6l
The drain upon the Banks OF Indiana has
{ destroyed their usefulness. They are scelns
e yelled to hdit their eaptalind state OF qries
ce ;ce. Instead discriminating the produce
dealer, the stock buyer, The pork merchant
the traaleSIn;sn, or the mechanic they are coln
pclless to cali upon thcir-esistonlers forthe ac-
Communications already extended. 10 such an
extent has this demand Ter coiIh been made.
thtt in tanees exist where some of our BANKS
\ IL we, within thirty day s. redeemed half their
+ entire circulation. 1t is stated that.a sing e
mousse iurillis city, acting as the ageht of bro
keIs OF Cincinnati, have, within the period
h above. nam ID, .draWntrola Tie banks Of 1Ildi-
ana nearly two millions OF cofn.d No one
.l uestidns the soil eucy of the Banks Eldtiler
: Free Bank or Stae Banl-the notes are. not
! sent honie or iear the CON will not b5 fount
! in the vauits-there Is apprehensi OF OF Sis
e IpenSion failure, but the movements simply
/, an effort to enrlch few inIyiduals ut the ex-
! ! pense Of the interest OF community.
III We are not to be understood as asserting
t that the banks should not in all cases ,tIolg-
j ~ fortified w,th con, nor denying the rgnt
il Iof any man to demand Tedemptlen OF Their
l. paper, when repaired in the ordinary course
J. lo trade, but ne assert most positlYel, chat
d an organ .zatoh forum hons the paper of the
e banks, foi the purpose Of speculaton upon the
e CON, IS neither an honest. hoIorabe, or iegti-
i mats socc patton. 6noud sucn a combination
/ be formed for The purpose of purchasing the
: notes OF trader, and coe1ce i,nuie3iiate pay
c nant, or Of destroying the business OF u IN l-
Il tutactuTer, or blighung Che reputation Of a pro-
n iessonal man, the conspiracy would besev4Fy
d where &c iouneed and the parties subjected to
IS the pena ties of theIaw. 1t may he lr put
yIp ,Sss The iaY.does not extend to Cases OF THIS
{ kind, but they may BE- reached byethe oinnipo-
), teLce of puolc seat ment. he operators may
s -crushed=out by the general loathing which.
IS II heir presence and their occupation inspire.
Il daylng thus exhibited the disastrous cundi-
J. ton OF affairs We proceed to speak briefly OF
IS the remedy. We make no appeal TO the mag
d lnAnulityy the generosity. or the sense o.! JUS
j Etlce of Cincinalt merchants manulat tareis, or
m bankers They have chosen. their. own line
J. of policy because it 50 pieases thenf, and are
mot likely TO take a5step back ward. On the
/ contrary they justify 1t through the. public
lpress, and elsewhere. 7a
r Our remedy is with ourselves, and it is SIM
lply the Withdrawal OF our trade from taat city
e Is, far practicable and its division either 10
Z 1.-THE commec al cities Of our own State, or to
'el others peA ond our line where our products
le find market Ia our own tn $, Losansport.
gel LttaJ etc. Ierre Haute, Evansvllie New Al
le bany, Madison, Richmond, Fort Wayne and
q Indianapolis and at other important commer-
y clai points, majority OF our dealers may, and
u ought to be Supplied On as favorable terms as
ii 1t CINCINNATI The CONCENTRATION Of Q az tf ale
ie at home Wit bring US cap ta and theIcby add
q to the wealth ami pi Q per ty, OF The State.
y Encouragement to- our own man ufactuIers
ri villa aud 10 their value and Importance i In q
= word, let us buy wLere wesell-let us encpri.
age and foster home tFadey hoihe lnanueietnres
/. and bome interests geneially. and we shall find
Il in this e6afselof acton the tue REMEDY for
u cvils,of which we complain Let associations
), be formed in every town and city III the State,
ri pledge to his llne oipolrey-let the advocates
IS OF! home trade concentrate their seif3rts-let
1t the Pre- Spe k as it'evels speaks, in favor of
home interests and We shall soon find our re-
IS ward in the blessing of returning prosperity
l. Tie plan proposed in the resolutions here
"a with tjrcsente 1. Is tue formation of Central
IS Protective Association, with auxiFarie in e,-
If Eerf CITY and townIn the State pledged, as Ear
G Jas possible, to Withdraw the1r patronage from
't CINCINNATI, and to heStow it upon our own
4ComneIclal cities, and upon sllcn others with