The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1857-09-21
a.k,rr eur aucptlon and Receiving Il.


Asking eur Attention and Receiving II.
Tie Dsaecrd, calls the attention Of the
Sa.s'.s to n couple ~ article from Indiana
psrcr. on Bank, The first j. from I'll.
Evansville Journal, edited ht a shrcwd |,
nancier, and it, subject = the money law,
and its effects upon Bunk. II - we'll
written article aud We are glad the sitcn-
ton Of cur ncirhbor- las afforded us the
pleasure Of reading il. W. can endorse
every word Of il So TAR a our information
extends as to the want of accommodation
On the part Of Indiana Banks to the public
The second article is ~: from the Black
Republican paper, Indiana S'at J0pf4ai,
to which il is credited, but from that Black
Democratic paper, Indiana Sat, Sg'inR.
II strongly opposes banks Of issue, jus, as
10 the Democratic organs OF Iowa The
Ss..at!, which ~ the leading paper ct it,
party in Indiana thus closes its article
There is vast amount ot humbuggery
about this system of banking, which tie
people will before many wears learn to see
md desp,se Now after reading THE it
can scarcely be believed that thc Democrat
&C party Of Indiana established thi- identical
-ystcm in said State, That there . ta-t
surprising II was intended To- stuff the
pockets III the Democratic LEADER IN IT,
very organization, and II did 4" A. The
Democracy made the Banking Law, and the
leaders ot the party organized the Banks
under IT, or got control IL the principal part
81 the stock actually before the organlza-
ton was contaminated, The citizens &c the
sites " which the Branches of the New
State Bank are located. were allowed to
take only small share Of tn. stock when
the books were opened. tn. rest being taken
IN advance by certain Democrats such Il,
Bright, Robinson. Fitch. Willard. &c. or 80
secured that the citizens could not touch II
In two or three cases when the citizens
would not submit {" the imposition. the,
were deprived u the Bank. until they did
submit, or until they were properly tricked
Evansville was one Of these places. The
citizens met according to Published notice.
which notice when brought TO u- ~ editor
Of the JVuraai 10 publish. By Democratic
Government officer, was handed ~ ~ with
the reques, To publish only ia the Hclig,
and IN rs obscure n corner N possible, -
that the citizens of the city might not 81,
II. The Law commanded the publication al
the time 81 apcning the hooks of III. Branch.
The lea,ler~ of the bcm.Srary wished the
thing done secretly ~ possible, ~ no ftss
would be made when il was discovered that
nearly all the stock had been taken on -
tho city by these leaders. and thus the CON
troll OF the banks n well n the profits al
its stock given 10 outsiders. tThe old State
bank stock had always Commanded a pre-
mum, aud an eager desire was manifested
% get hold Of the stock of the new Bank.
" was known that directly the Bank COM
manccd, its stock could be sold Cor hand
some premium But the people got hold
Vi the advertisement, and large crowd ii
the best citizens Of Evansville were nj IA.
opening Of the books, ready 10 take tn
stock The Commissioners appointed t.
open the hooks would only allow the cifl-
zen- 10 take certain amount of stock
The citizens would not stand il. there W..
difference III the construction of the Law
and the Commissioners resigned on the spot
Other Commissioners were appointed, one
rightly a Democratic Senator s,d the othea
a Democratic Government officer, if we rec
olicct rightly. The books were to be OPEN
eda' q hotel. The citizens crowded in a,
the appointed hour, but the Commissioner.
could not be found. Ar late hour the,
were discovered in dark little room ia the
third story Of the hotel, and nearly Nil the
stock taken by good Democrats
We merely give these facts ~ show the
course 81 the Democracy where they las,
anything 10 do with the making If Banks
These facts show too, just precisely whai
may be expected il the people elect Dem
ocratic Legislature in Iowa. In this case, ii
the Democrats consent to make any Banks
AT all, they will only do 10 on the one con-
dition, that in some manner the leaders Of
that party may line their pockets by some
swindling process IN connection with the
establishment Of tho system Point out II
= half-do1en Of these leaders how they mas
make big grab by the act, and they would
establish Banks tomorrow II they had tie
power, although they may have been swear
ing against Banks all their llse. AZ least
this was precisely the course nf III. leader.
Of the Democratic part, in Indiana iiae
the Dsnotfm anything else To- which II
wishes 90 direct the attention of the f..t..fss