The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1857-12-16
! BIooMsBURG. COLUMBIA COUNTY, PA. WEDNEsDAYsAI

p'osss tpe s!ui oIin,s =
H., " -
he sn;mn ~ susn 'ian,ie. ~ ~ p'essu. y.
orr Ras,pns MY MY so'sp =.
t,,,ans,s 49, ~ -
=, y, ',o ias9 o
Ie5k ~ "a fsIs ",nes 'ss .h -
n II sd - NJ ';lsoo as @ sn :.
hs,,.s i''e ~ ,.,.s
s,anees Tho no'ea. os. "os,ens, ", = hsJ AZ hssn :.
nanssS J., 10 l.eul.ensy nsa uesI nv p.',. eH
mi fos,b III : ~ s'"os "o'' sN,s aae We & nsaa,
10 d,,ea s,;,.as az ~, :,
of ,he iore;on avnhanaas IL n saca,S;5sIv
cofnmenced = system of cn,,a ;lne,,i of ~
loans and ,ss,,ss' % ,n',ths vain honsl,h ~ ,hs
ioiy,t stncL .ad n.;., 49, ~ ~, Li',,,,,, =,
would III cnn,nelisJ Il fciIor "a 'sxsn,e Io =.
ID fonnd hec,yar Ma I, -
expanded and a.. ,bs saI ~ he n,ocsss ~ y
employ the Ianensse nj , ya,vsb;ah of;e;aI
AUTHORITY. twhate sss raanc,ioSe oi1 1ll,a ,,sssr
circrlation was : sfTec,sd hv the Rank of Enu.
land, in 1925. was mora ,han made mn by
the issues of lhe counlrv banlssn
s But tbe Bank of The II. s. Womb M, 'i5 h,
could, restrain ,he iss,,ss and loans Of ,he
State banks, because its, do,v as a requla,ut
Of The cnrrencv ,n,,s, ,i,a, 10 n, d;,ss, ,,,.
flict with the sinlmediaie Interest az lis stoek
holders. II we expeet one AGENT to restrain
or con,fol auolher. their interests. mnsi. 4,
least, ia some degree. be antarnnistic. Bnt
The directors OF a Bank of tbe iIni,ed States
would feel tho same jnteresl and the Same
inclination viii the directors OF tbe Stale
banks 10 expand The enrrenov 10 aaco,nnoo.
date their iavotites and friends with loans.
and 10 declare LARGE dividends. Such has
been our experienee in reoa,d 10 tha lasi
bank
Afler all. we mnst mainIv re,v unon Tho
patsiolism and wisdom of tha S,aiss gns IN =
prevealion and redrass or ,he sv;iS is,bas
" i'll afford ms real snecie has;s ior our naD,,
circulation by iucrsasins he denorn;na,ion
Of bank noiss. f,st n twenly ma s,f,s,,ya,
To fiftv dollars: If lhev viii rean;re tha,,hs
hanks shall ai aiI Times l,een an Hand q, l,as,
one dollar of gold and silye, for av.,y ,hraa
dollars q their circpIanon and dsnns,'s. ia
iftbay win provide sv = sal. secn,;sa enc,
rnent, which nn,hino ,csn atrss,S r. ~
moment iney snsnen5 Ihar So inio i,d,;da9 dae
tion I hsl;e1s Ina, s,,oh n,asi.;ans ,i,,,s'
weekly publication nv each hsnt of a s,s,o'
ment OF lis condiiion wn,,,ai oo f.rfto s,,,,,o
as sgairs, lulnre s,,snensions n snsc;s no.
meris = r'i'
f'nnOTQCG a, nnsn ntf,,N ii
er To nass \ nr,;Ia5,, hsnbr,L, i,, rsI IN
10 alibankis ins,in,inss X it
States and sttayoi ~, '',e "
else. This wonia nats ei -, ,s as eaet,
orsan,r law If each hsasis .,';s.,,,', ~,
snsnenson of snssi. nsr,,sS,, ss.ii eas.
i,s ciyilsa,bg The ns,ncf oI ssls sa
tion would then comsal !, ,s S'
ties 10 such manner az M escans .Ie nan. ON
al,y and ,,rssaryai,s IGs 'u' 'o''
Tue existence Of banks and the circulation
of bank paper are so identified with the bab-
its of our peoS'e, that they eannol at this
DAY be suddenly abolished Wi,bon, much
immediate injury 10 the couuny. If we could
confiRe them 10 iheir appropriate sphere, and
prevent them tfom adminsteiiQg 10 The spirit
of wild and reckless speculation by ex.fava
gam loans ana issues, they miah! be cohtin-
oen 9,. WIN adsa1lage 70 lhe Pobhc
). Pu. Hiis ~, aiIer ioEs ana ranchsfeliec-
l,on. .,l, v experience snaii prove II % be irn-
poss,pie, 10 ENJOY me iacii'lles which well
resuiasst pabes iDlahl afford, without az the
saihe, 'i'ie sp1eiilS ihe' caIamilles which
y enf s:,eesses 81 'ile eahRs nave hiiheHo ms
~ iiicisa upon me county, Il would then be
lsl ine 'essef eVil 70 dspt'vs ilein allo9ethef
OIL iee power 70 Issue paper currency aud
,os.hne mem 70 me functions OF banks OF
aeposile apa Discount,
J. w le'slioiis WIN iofeigp governments are
uPg. s3Vr lns Wnois, ", a Satisfactory cend uea
Inc i2ionatle tiiticullies which existed
petsffehs me l eSoYefnmentof the United States
andtha sn OF Great bflioin atthe adjournment
Oh tbe ldst congress have been happily ter
" Minister to this country, who has been cor
LiI1liV rnCnlVpH