The Burlington weekly hawk-eye. [volume] (Burlington, Iowa) 1857-1858, 1857-10-28

#& 2~oeh60.
u ls1s - q ~ 49,.
60 "A gTsss dsAxss. nv -
'1nD1u1t ocno - 49, &C.,. 49,.
60 49,, = ee0e sAaes. naIi.. ~
49, i.psases = svs,1 DAyesea ~
- 80 - 49, -. - ~ -,
tAaoss 6eAets = $3.50 = R1sAS;f
80 q hNin - - $500. -
es1esss sxssps - ~ dnpss tssnGDesk T.
bssinsns and oa1not bsaneh est -
0OveDeoG 1Aey - ooeesenn1 ~.
Dessy q every sGfseelse isvysv Y ~
on0 - long - hey fe0Ain i / $50 w.
aoa - bo0g 0ess ~ psSsS,s " <s
ooasssus. Hhsy n1gs wfna % ehsir -.
the ssms wsy thas . receiver vouN INV.
the power 70 fosce ~ eollecs;os " ..
Al a. psoaesesd papsr h aay hssl
main jses where IL y uos;l ~ ~ Co..
their ahaiSs b again acknowlsdeed ~ ..
That possien ofsAs meseantile cIsa--s NJ.
susps11od nd ~ indebesd = ~ No.
therefore sosaine = q bss 70 hesp s7v
pss - eessISeg vleA thess instisasie,s
- pesaose. 1he 0aaks viii soon IA ~.
pesisiee y moro UNPLEASANT and y ~.
ieg without law = ie veil could = vsx
eanae esosseseo1 dusiAg ~ psyl.e -
~ musb - - snps6Jy - 49, 49,
49, haenfen ~ Apet - ~ dvsI.,
0ves Bot y seeultea diGerestly -
1 gsnefAlly astisipsied. The ecos,...:.
nes admitted, haslsned the sueos..:s.
q afssssng oepssvssting that resrls x
ne usegeeeato tnto viskdrnv.I - ~
- aspsdts Iron shSfeae o. hayin~HN
entirely hsyead their control ~
nscston with Tie concerted move-1
Angie American banking houaas ~Ss.s.
banks - ) point from v5ieA 49,. ...
49, 1879 y suppression. The resuk -.
= I.nssfous - these inssitutioea y
osSsI cosao have besa- Thsy had ~ ,;-'
1919 \ alnesent policy bsSoes susoens;oe n
upon teen. ~ very psohaA,a - - A..
eon during ths latter past q s~ssHn
the early part Of October would nave ~ 4.
same results; bot o that sxpsrimses ~.
tried, y y still ~ opinio0 Of many N. !.
2 fasat ssroe in rcsorting 70 The opp,ui.. ~.
~ -, psrhapA not 100 late nov y 49,.
One thing y pretty certais, vAasevs -
Tie result, the eject cannot b mSsh 49,
the positi0n Of OR banks much iniu,.S ~
They ars % bad Of nov @ they - y
keep in opsratioo. Il 10 psopoael ~.
strongest banks in the city sssuspe a a...
Gle payments, and immediately ipcrs... 3d.
discount lines several millions Of doII...
sssumiDe. they place shsneslvss q -.
the profession q he laws and ssjsy q y
usual rights and privileges. Thsy e. ~
gally extend nav leans and take The -
STEPS for The collection Or sss,lens. y 1'.;
claims. BY % important snd rapid o.
Ne poblic vail b. il Q measure, rslievrI s-
the pressure, and the relief will BE- Ae,lA, ~
legitimate. Il will b Of such Z nstsre . "
% carry with ie the sssds Of another -.
md he esssorasion 81 pablic con6deues -
gradual, bus il vail b permanent. W.
hen have > basis for further improveres ~
yin b sound and healthy. The pqhE
rally 70 The aid and support Of thes, ;.r,'|
|jO0o, and take pride in SUSTAINING a.
viii b Q nucleus for al the banks IN ~ s
Try, and the resumption may in this ~ [
Ally spread, until the principal banks ~
Union ones more 6nd IL easy v faA = a
irsly remove The suspsnsion. At shs nnk
'anks a shis city can loss nothing By ~
smps. They have, on the contrary, evesyd
. gain By the movement Il 10 pretty ssu
bat they cannot 60 on % they are. TAe
Of safe now one moment. They may b.
'ined and closed up any day. The Judr1
his district do nos seem dispoasd to eniss
ny applications for IN injunction, but tn
J other districts may oct differently, and
= governed By the strict letter Of the lss.
Q mot see how they can help il. A ~
aspenaion for . few days may not ~
luch di6iculty Or arrangement, but, % 4 =
nuss, and new questions arise, and new L
Iade, the imposaibility Of annulling iii lav =
ecome more and more apparent, and soue
ided step will BE- forced upon the couru
will be too late for the banks to rssrscs Z
cps ~ much - We we're opposed 70 ~
Ansion Of bank loans previous to the susI
on, W can now COUNSEL soch . course.
tsrnative 70 hoped 70 avoid has been resEu
he suspension y upon N, and now ID void
'und policy 70 90 back far. enough % M
Mother move With view TO diilerens resl
y resumption Of specie payments the ~
- ny the expansion. Il may work nssA I
= than anticipated, and bring Us in
hort time out Of the dangers and dificutu
ar present position. a few days would y.
!, test the point, and If il fails The bank.
o no more nor less than fall back 10 NJ
'ey now are. i ID pretty certain that =
ling mus b done. The banks must "
'suma Or 90 int liquidation. There !
~ Of escaping one Of these things. n
me our courts may protect the banks an
'eir creditors, but in the end the Law viii
I'D reign triumphant over every effort MA.
1nul or repudiate il