New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-16

bfrg .. ss ssds-y, ssd getting netting 10 rstufn bn:
his ccrso,s remark, mat b gassses you AZ aseo
rous h;sg l. over these rosds." rben ae high: e1eaks
Of M mig Q. lat break upon We fad ourselves
approaching another ely. ]. vss Fs:.HsS, my .ec
ord stopping place. There ] spen. the day and 81
hight had the aIury Of couch OF dried prAhe grass
which wss about a. comfortable ~ bed OF n'uSn-
wood to . wearJ traveller
Afer twenty eight hour, more Of staging, in which
we underwent exposure to stor,ibe seveiess soosn
IN many years az the driver said thar OF NOV. ~
wandered out Of the rosd-had 70 return o@A
assin-pan OF The time walking to keep nom HeeIlns
fast IN the nod beneath the frozen crsst-An o. wnieo
happened in the Might've At last reached 0e kaooes
the next day, nearer dead than alive taarkinS GOD
that our hives had been spared.
f,und financial affairs throughout One S.sts in
wore CONDITION than ] hsd expected, toe S'cst dih
Guilty being the want Of an established currency .ne
laws Of the State not allowing any OF its own. Inc
gold in the State, commanding high premium, mas
for the unusual amount there. Tho effect Is bad
enough here, as there nothing to take the place OF
the gold which has been sent Oh except the wndcA
bills ard shinplasxn which make the ocsi currency
Of Iowa.
/ vas never before aware Of the extent 10 which
this busnsss might be carried on and without any bs
sis whatever. Mr.. John Smith for Instance, lives 10
city in the interior OF lows where farmers songregate
everything that the land produces but no outlet for
forwarding East there bef no medium Of exchange
80 Mr.. SUth who IL country broker, starts what b
calls bank ct some distant point-sey In Neoraeks-
entirely inaccessible TO ali Who might, according to
late usage wish TO get specie for bs Or to use Scrip
turs language, - place which man or beast hath
never taversed and the vutures eye hath not seen"
In this place. be starts the Bank Ct Smhland, OBJ
tairs fine steel plste by which fair impression can
be made grs the Presidents name and gets his next
door reighbor to sign the Cashiers name-issues bills
TO an Indefinite amount with the Satisfactory indorse
inert The whole pirate property Of tbs stockholders
pledged as security" This is the local currency He
ans it to the farmers and storekeepers who !. for
home expenses and to pay lsborsrs &c in fact keep
tie public generally from that prevalent Inconvenience
"btirg short They even 60 30 far y to offer it to
Us in payment for notes given for goods being for that
purpoee Of as much value as 50 much blank pAoer.
OF course exchange cannot be bought with it and so
rotes 20 unpaid.
This state Of things must lssd eventually to general
Passing over the details Of the rest Of my journey
back to where this is dated FROM viii briefly sum up
my observations:
The state Of things getting wor,e instead OF better,
and there is no telling where it will end. There in
this city Chicago but one concern tat We deal with
that prttsrds to sy its notes at mstury Our losses
here will be greater than the aggregate in oil the rest
of the country. Navigation is now suspended three:
fourths Of the gran-crop must remain where Is TIL