The Nevada journal., 1857-11-27

not as responsible and trustworthy as
any other private banker, and whose
pledge of near half million dollars in
unencumbered property they have fail
ed to demonstrate is not a pledge in good
faith and of property with a good title,
has issued paper payable to 1.-The bear
er" as evidence of deposit. Another
heinous offense of the new banker is
mirabile dictu! his certificates have pic
lures upon them, and, taking the pictures
and 1.-The bearer together the paper is
unconstitutional.
We will suppose the certificates of
Sam Brannan were made payable to
John Doe or order. This gentleman is
troubled with the "shorts," and owing
some money takes notion to pay a
small portion Of his honest debts with
one of these certificates. His creditors
jump at the chance of payment by
means of one of Sam Brannan's bills,
endorsed with the name of John Doe to
make it negotiable. Sam Brannani is mt
expected to know that his depositors are
owing washing bills and liable to be
compelled to assign their certificates to
poor women who trade at retail grocer
les which obtain stocks from a whole
sale concern and if he did he isn't GER
tain that his certificates will pass in lieu
of money all the way from the deposit
tors to the wholesale house. Should he
be liable,-can he be liable for a righ-
teous barter of his notes ten times a day!
The factthat certain paper of the new
banking concern has 'the bearer" on it
is the cause of much ado. Ifmade pay
able to the order of somebody, when
property once endorsed they are paya-
bic to the bearer ever after, and the
odds is the difference between one kind
of certificate and the other. And as to
the pictures upon the paper, suppose l
print a note Of hand, with the likeness
of Sam Brannan parting his coat-tails
to constitutional wiseacres upon it, is
money made of it any the more for the
picture, and is my liberty jeopardized
because my reputation for honesty and
integrity is SO good among my fellow
men that they are willing to take my
note in lieu of money A question ari-
ses how far a note, check or certificate
must go, or through how many hands it
must pass to obtain for it the odium of
having passedas money. If taken once
as money or in place of money, it may
go second time, it would seem, with
out incuring additional danger. for it
would be nonsense to allow property to
be transferable but once
If the constitutional consciences of
our cotemporaries are disturbed by the
evidences of deposit in Sam Brannan's
Bank, it is wonderful how they could
have got a wink of sleep in contempla-
ting the county scrip system. | am
compelled to serve upon grand jury,
and when l come to get my pay for SER
vices | am forced to take scrip worth ff-
ty cents on the dollar as money, or moth
ing. The law declares the pay of
grand juror shall be certain sum-
Counties force their scrip upon you at
the value stated upon its face and not
its real worth, and it is obligatory upon
you to take it or nothing. County scrip
is Intentionally made to circulate as
money. 1t circulates from the county
Auditor to the involuntary depositor-
of services, and back, at least. With
the paper of any private banker it is diff
ferent. There is no compulsion on you
to deposit, or take scrip for indebted
ness. You are not obliged to perform
service for a private Individual, and
then compelled to take his promise to
pay two years hence. You have an op-
ton; you can take the certificates of a
banker or let them alone; you have it
in your own hands to be safe.
To harrow up the consciences of some
of our contemporaries, at the risk of ruin
ing the credit of the county we state
that we have printed scrip for the coun-
ty Auditor with the picture of a train
of cars on it going at full speed. I'm
constitutional That train of cars carries
our scrip where Parson Brownlow will
see the Democratic party rather than
join it !
Trial Of DR.. Bates.-Henry Bates,
late State Treasurer, has been undergo
ing trial for misdemeanor before the
Court of Sessions of Sacramento county