The Nevada Democrat., 1857-12-09
nfob-sustaining Banks.

creditors. The system works to a charm in the
small towns, and by a combined movement, no
doubt the banks in the large cities might be
able TO maintain their standing as specie paying
institutions, in the same manner. The plan
seems TO have been originated by the officers of
branch bank of the State Of Indiana, located
at Jeffersonville. On the evening of the 18th
of October, learning that some New York bro
kers were in town, for the purpose of drawing
the specie for the demands which they held
against the bank, the stockholders and officers
held meeting, and appointed a committee Of
ten, consisting of bullies and rowdies hired for
the purpose, to lurk abeut the bank, and invite
all persons demanding specie to leave the town
without the redemption of their notes; and If
pacific measures would not suffice, then violence
would be resorted to. The threat had the de-
sired effect, and the brokers left without pre-
senting their notes for redemption. In regard
to this disgraceful proceeding, local paper
says:
IF the bank can redeem, why resort to vic
lence to sustain it? II 1t can redeem, what folly
to cast 80 conclusive a suspicion upon the bank
| by the appointment of q committee for so dis
graceful, violent, and unlawful purpose. The
bank has now been in operation less than one
year, and if it can only sustain itself at the ex
pense Of the honor of the city, and by the vio-
lation o: the public peace we say let it go to
the shades--the sooner the better for our com
mcrcial and all other interests of the city The
game between the banks and brokers is that Of
dog eat dog the one giving birth to and ueces-
sity for the other, and the less good citizens
have to do with controlling, sustaining, or mob
bing either, the better it will be for the reputa-
tion of the city"
A few days after the above occurrence,
suspicious looking individual with box under
his arm, entered the same towa. AS no one
knew any thing about him, he was of course,
set down as broker, and committee OF watch
full ones Immediately pounced upon him, and
chased him far beyond the limits of the town.
1t was afterwards ascertained that his visit was
solely professional one, aud that his only OBJ
ject was to extract corns. Indiana banks at
last accounts were paying specie!
The stockholders and friends Of bank in
Springfield, Ohio. adopted similar plan for
protecting their bank from being run by bro
kers. Learning that broker had reached town
from neighboring city to run the bank for
coin, they promptly placed on one side of the
bank enterance bucket of tar and q brush,
and upon the opposite long, rough. looking
fence rail, bearing this inscription: Mary
red to nary broker" AS the broker approach
ed the bank he read the inscription glanced at
the tar bucket. and retreated The bank went
on as usual
In Kentucky, every man who enters q town
with any thing like the sembance OF stranger
10 examined by mob. If he proves to be a
broker, he is at once christened an "abolitiou
broker" and rides out on rail. Mr. Sprig.
gins; of Cincinnati. having made a run upon u
Kentucky bank with u ten dollar BILL relates
his experience in way that will go far TO en-
sure the safety Of Kentucky banks as specie
pay ing to the last The ten dollar bill was not
cashed, but Mr. Spriggins left town under the
following circumstances.
unfortunately for me, as the crowd hooted
me out of town. this dog was taking an airing,
aud joined in the pursuit. lie soOn was close
ut my heels, and, acting from The force of habit
the we-meaning but unref1ectng brute made
leap for me. and there being no coon behind
Inc for him to catch ON To, he inserted his fangs
aud snarling behind me- considerably retarded
my movements; but, with presence of mind
which rarely forsakes me. reflected that either
the dogs teeth or something else must give
way very soon. And so there did but it was
not the dogs teeth. The fact that this occurred
in the presence of party of beautiful young
ladies who had been drawn out of doors by the
hubbub, and an unfeeling remark about a letter
in the post office, uttered Immediately after
wards in their hearing by mail boy, added
materially to the embarrassment of my posi-
ton" ~
The plan which tho banks have inaugurated
to keep from paying their debts is certainly an
original one, aud seems TO have been effectua
wherever tried The idea of banks issuing
bills every one of which is understood to be
payable OH demand. and then organizing mobs
to keep people from demanding coin for them,
is a rich one, and perfectly in keeping with the
whole banking system, as conducted in the
Eastern States.
BITTEN BY A RATrLEsNAKE.-A young man