The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-02
MISSOURI.
FINANCIAL MATTHIAS.
fTv0Nn tHzs "A "a klGp>n ~ 1

from Ne 81. Louis Repubucan, sepa 96]
Now has Ae Bank a xisseaYl nas oomnsnoed d.
sill was very acceptable, havs no DOUBT o lhe for
tunate recipients Of thsse avoss, and shsy
arc getting Into better poauon-shs uszt hung
sdcr what to be done wiib currency" All the osaer
a1S @ % bun .sd %
community 70 Ss woncd pro'pory. hno part sf eur bu
spefs decide upon such mater = tnis, bu nOs
Of very cu solution. We sssumsd that all the banks Of
nlro tho Kentucky banks aud tho Gordon Of banks In
Ohio and lndisns ,hcy hsyeS bss whics
gus for Tho safety or The bA holders
Moody ho wiling 70 examine the foundation OF these
banks arrive ut any other ccncicsisn hAB that ta.y
sr. coed and .Ie to tho cirouaso. q ne oSic In
ele tha hardly wsrih whic 70 rnsidcr 10 conneo
tieu with any propcs,on citing shs dtpo'on % NO
b.nsp 'he Thing . dinssen, Any aranssmeni ~hloh
ff, c's tham will control tho others No ono
here--,he merchants Of tho county who have
te,ved In trcir regular ousness bripg gDg mere.
vso
could be ered into currenoy have not hcaased
70 do so either before getting here or After taes Arsa
the condition Of thDgs a tho prosent and the polns
70 be determined H. what shond be done with this do
nnros shs required 70 MARE arraDge sss Tor the
redemption fhey paper here, jlat tho banks Of New
Bs.sn no
reastn Why they shouts not do u; aat when I,
Understood that me paper Of any OF these hanks thus
and ~ill be kept in circulation much or ger
No one viii then question the value Of liaoIs pspcr, and
there win really be nf distinction bo,~een and specs.
Bat they will not DO this thsn best plan for
the bankers Of g. Louis four banks deaESg in suoh
pepe,) and the pavings institutions 20 bay ihs paper
N ts vAue-sheihtr h be oae, o. three oonis be-
low Isr-and 10 credit all their With she speCe
value thereof and Abosh "ouYrepcy scccuny aogoe
This arrange ment viii nx tho sus " his dsscrp
for OF paper end erchapts aad al kers win BE- govern
ed by II. tho Managers Of the banks think Il would
cIerste oper0usy upon tbem all hcy have 70 do IN
vide for tho redcmpon OF ths hero, and This viii
bring them 10 Nor wiu tho haydship be very eat,
whom tho matter ID prop.ry considered. On the Brst
Monday In July last therc forty sht bAnts In tha
STATE OF Illinois, hav Gu Gala Ion NJ % $50 $780, basod
upon stocks amt ur ting v Ssl7l ora iris pspes hss
or culaiion In Hin, y, Indiana, Keru,ty lows aDs A
souri, A. this moment, doub- w1ether 500 900
Of "cur ercy" otud be found In th vaults s tho bank
~ Louis and tim Ia half million In oirouls-
ton ee, snd likely 70 be rewned rsr rede notion any
will lock q tho extent Of o,untvy which these
bilb circuAtx-more s,s OF them ysssns At
edged tnai any sreA ihan this II not ely
10 ~ Louis, and very small per ccntam will
~ for the yedemptfob OF tho n0tes H essh tsuk a is
rnirt oesr 10 ~, that the ohor plan bc
adopted for the of tho credit Of he
ihtg, bsIks snd II 10 just % clear a lhe bankers hs
10 iahr tho matter In band e'ch ant, cannot
ssud discount tf three 70 i've per cent tour enoyn
sthoui putting on he Foods, ana the couuIy may
veil understand the opcraf CT this syssm n any
ather tine.