Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1857-11-25


circulation in the State, IL statement, made on
oath, Of its spccic, bonds. loans, circulation.
deposits, and other liabilities ana credits.
I. That no Bank should Lc allowed to issue
Bank bills for laracr amount than three times
the amount of specie actually i'll its vaults, and
bo0a flc its own property. And shat to enforce
this, every Bank receiving on deposit or other
wise the bills of any o;cr Bank whose last
| published weekly return shall exhibit an Ssuc
OF bills for over three times the amount Of its
SPECIE should forfeit to any inlornlcr ten times
tie amount Of the bills received. the case 10
be carried by summary process before the nc,r
est magistrate, ana decided in>tantcr.
S. That the Banks so Oyer-iSSl!ing sh0nid
continue to redeem its currency and deposits in
specie, to its last dollar in specie. That it
should make no loans until il had rc-c>tabli>llcd
It's specie basis; and that unless this hc done in
thirty days from its lir,treturn %! ovcr-issue, it
should go into liquidation.
Q. That Banks established and conducted in
conformity with these views, whilp they would
secure us against undue expansions and con-
fractions of the currency, would afford to cap--,
falists a safe nrestmeut d: their funds at eight
| Ef5 Wv ef5Es % s an 5ttGist5f Z E54s e i sa
italists should expect TO realize Oh surplus
funds.
10. THAT il it :Lould be iiccac,1 cxpcdient to
repeal the CSl;:y laws. the nlaxilnum rate OF
Bank interest >loni;l Dc liked Il, eight per ccii;
per a!Mnin.
The SliAnows os ~ .twrrL WISrEa.-TI.c
following eloquent extract i; taken from Il dis
course lately delivered by Rev. Z. u. Capin,
IL Lis congregation in New York:
''!t is hot the ruined merchant, nlcrely-it is
not tile spectacle OF deprecated property and
lost credit, and the maIiiIUli GtUurts vi ,i.-
III iankruptcy--tlat most make Us ,hu,dcr AMI
grow sud. -ilnalld the s'uomy shallow there
is still a darker rim. Away dowa below tie
Platform of Eaa:lclal transactions t!icrr LOOMS :,
sca OF lact>-tllrsc faces Uf woraingmcn anl !
worAin%@omen, looking Up among the stopped |
machinery ot the i;cinr!cS, and the silence vi
ship-yaruS, and all the dcsoiaiUns o: Suspended
Labor; locking up the Shadows Of 81 awful .
winter oycrca,Iing them. Men and brethren. !
what shall we do lUr thUsc wllO:c hard caITrG .
dollars are not merely honor ANA credit but
brri;i :i:lt b:ood and l:!2 i;aci;! What Shall !
We 60 To-. Tic "r"ic*t u: babes, tina: lnu;st sppl!
i!a!: the "iltc;! breasts Of i.!;n;',c anu lUr
tic wol:I"n ur whom VIC ln,l,t say something
ii.oic ::Jl Cos! help ihcm: Nh, Yes. Il iiiian-'
r,, 80 r,r :. ,,,".
- '" - ~ ''' -. -. ..-.'.''
Tic Was.n .n;n:e'on CORRESPONDENT, .: the Charles
ion iiet2.rg. ul,icr ,!a:c o. tic iltnnst. says:
There IS rejoicing in this city over tic re-
election Of Mr. Iun:,,i,s IL Tic Senate. lis
place could not Lc iicd hY onc more able or
more WORTHY But Georgia is rich in gallant
Sc.'9 !icFc Is no ;ta'a III tniS mon '.!al Has
oie pu'ii: aeh worthy "i THIS ;iiGh ''lslitciioh'
Air' Nrr"oN Is uniformly rairciit1 ai',t uATei-
'ai'y aa'l''i ca .0r us H: manly Qualities, Ills
'lciii integrity, anu ills c'cr, HccP AHA ciirrGes-
&c Judgment aiil l'oo'hi rcse'ic!!. Ar. sc
phel!' Has u reputation! is : s'a'eSiifli "h'cii
lew lhcl "l his years nave ever attained and,
Is ali orator: Keen. lir;iiiHs iil powerful, Ec
ilS 10 superior. hc'c, anu olhef lncn ol
eorGa, belong 10 the nation, and their lame
viii be cherished by the nation"
w :. =
Iu'u - InS .o%."e u.t.A IL '''o D'''i'
''oi 'o@E oi oStu.' ''i NM @ iiii' i,. c,r
.oo ~, .I,a ,ai, o,o,,ar,i,, t,.aIin a,,l
,rpG;cf NJ ,rn1hIo atcaI Tbe E,nl. of Emn-
and had rc,chnd ;ts h;ghrst rotn NJ ;ntcrosf
'rJ tho now cLanre wsnIlI il i ,rn,nsenteJ
y. ,n- tine hettrr Manchester letters rrnre.
emf thYt , fair business was lninr n,rticuIarIy
nr India Thc arabia hri,ur, - nrsi,InraIjn
,n,nbrr oc urotcs.rd hills dine. but these werr
Slosks were active after the second board.