The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1857-07-01


soon became rich on ths profits thsy naads
out of the pockets Of ~ farnsfs and busi'
ness men Of Iowa. They then sought to gel
rid ofths 4 per ssnt. duty and become bank.
ers themselves. In pusssancs Of this plan, Z
lot Of shonssa judiciously selected in various
paper towns Of Nebraska, as banking houses
from which Il vas courteously supposed that
Hem, Williams L Co., Green, Weare Co
and others, issued the Nebraska shinplasseri
which became, BY the aid Of the pufhng Of
the subsidized Locofoco press, the currency
of the people Of Iowa. At times, when THESE
Nebraska hinplastersrs pay our Bankers fol
taking h, their money is current here, ss 9th
or times, 1t is two or threeper cent. discount
and our merchants and business men have t.
stand the shave. Al ell these wild cat in
stitutions are utterly insecure, except so fa'
- the personal honor and responsibility OF
those engaged in them guarantee their issues,
they must, Of course, eventually 80 BY the
board.
The people have seen how the shavers and
shinplas.erers get rich by furnishing Iowa
with . miserable currency at 40 per cent,
which costs them little or nothing. The
people Of lows cannot fail to,see that it is
out Of the question Tor farmers, mechanics,
manufacturers, merchants and others en-.
gagged in regular productive business, to pay
two, three and four per cent. month for the
use Of money to aid them in their business
Andkhatin consequence, regular:business Of
all kinds suffers'for the want Of financial ia.
cilities, and ell the benefits, OF the "worss
currency" which the shinplasters have "man'
ssmanaged to Introduce" are monopolised
BY spectators.
Few Of the people of Iowa desire an exclu-
sive metallic currency. None, we trust, are
10 i'll informed a. to expect it. The contest
then il entirely between sound Banks on tho
one hand, and wild cat paper and shinplss-
tors on the other. Demetrius HEM, the
sshard money" Locofoco politician in princi
pie, and she chief of the 'sRag Barons" and
shinplastsrsrs in prsctics, msrshsls his host
and strives to rouse the prejudices Of the
multitude OF Iowa, to the support Of his bus.
iness and that Of his fellows, - his proto-
type did the multitude Of Ephssus, by sp-
peals to their passions and prejudices. Will
the people Of Iowa prove themselves igno-
rant, blind and besotted a. ths mob Of Ephe-
sas, BY showing like alasrity in swallowing
the humbug, and l,nding their aid to psrpss-
uats the business and increase the profits Of
our modern Demctrius who manufactures
shinplaster rags, instead Of "silver ware"
Irsxs.-Joseph Brown has been nominated
BY the Black Democracy Of Georgia for
Governor.
Mr.. Gibson, late Treasurer Of Ohio, has
assigned all his property, 100000, to the
sureties upon his official bond.
The European steamer Indian is in. Little
news. In the English Parliament, the Jew
ish disabilities bill had passed the House Of
Commons. The London Timss advocates
the abolition of slavery in Cuba, - the
means Of stopping the slave trade. The
National Council OF Switzerland have
unanimously ratified the Neufchatel treaty.
Douglass Jerrold's funeral WAS attended by
great number Of men eminent in literature
and art.
A lot Of new wheat, grown in Mississippi,
was sold at st. Louis on the 9th for 81 10
per bushel.
Lieut.. Mowery, Z. S. A. has arrived from
Arrigon;a, with q numerously signed petit
ton praying for the erection Of territorial
government.
The New Hampshire Legislature adjourned
on the 9th, sftor session Of Is days.
80 to IS deaths are occurring daily At
Montevideo from yellow fever.
The U. s. steamer Wabash arrived at New
York on the 2sth, bringing l2l more Of
Walkers officers and men, with 81 women
and S children. Washington correspond
ent Of the Herald says . treaty 10 being me-
gotiated and will be shortly concluded be-
tween our government and Nicaragua which
will be entirely satisfactory.
-+
Saturdays asaiirsaA Excursisn.
MrssRs. EDIroRs: have been looking in
the papers for an account Of our pleasant
railroad excursion to Pennington on tho
Fort Des Moines road, and for lack Of any
thing better, have concluded to ask the "a
vor ola little corner Of your paper, through
which, as one Of the invited guests, l may
return my thanks to Mr.. Eaton, Chief Epgi-
nser, BY whose kind invitation l, in common
with others, enjoyed the means Of making
one more Of the happy days on the oalen-
dar.
Excsrsions in themselves are nothing
new; ard, owing TO the libsrality Of the
railroad gentlemen in this region, they an
not new even here; but it is mot every day
that We have an opportunity Of meeting such
party - were assembled 1t the depot on
the morning Of Saturday. Carriages and
omnibuses were Fastening to and fro 10 the
early part Of the day, gathering up theil
I "precious cargoes," - the gentlemen hav,
I it, and setting them down 1t the company,
depot on the bank Of The Aississippi. III.
day was one Of the brightest kind; the river
in moderate food, Vas flowing by, with ia
ceaseiess motion, onward to the far dissan
ocean, rejecting - It paced, the hills an,
trees, and rocky blu6s, with an occasions
city on its banks; careless Of railroads, 10
tent only upen ito great mission Of keeping
ur healthy circulating medium; our fer
ruginous bucephalus, cooked and prime,
with steam, was ready TO 60 of Mt the tap o
the bell handsome band Of handsome mu