Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1858-02-20
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The Gazette, for a long time, has
been silent upon the currency question,
except = small item, now and then,
which bore evidence Of as much bitter
meas as can we'll be conceived. Its re-
appearance in the arena, is satisfac-
ton to us. Convinced that we have
the right side Of the question; that it
il Of vital interest ito the business of
our city and country, we do not grow
tired Of its discussion.
Yesterday we took occasion to al
lude to our course upon this subject.
Upon that, we desire to speak further.
Up to the time We published our first
article against Florence. we had sus-
tanned both that and the checks of
Burrows d Prettyman not because We
believed them such currency as we
were entitled to, and should have but
because the owners had issued unwise
ly, and beyond their ability to redeem
ut once. In common with other citi
Gems, VIC desired to show all reasonable
lenity. The owners of Florence. upon
which Burrows IL Prcttymans checks
rested) promised that the currency
should be placed upon good basis
soon, or retired altogether.
We, therefore, took their word and
waited patiently to SEQ it performed.
Instead of increasing their efforts, they
relaxed them altogether; and up to the
time We came out against it, there was
no evidence that they intended to do
anything, whereupon we commenced
our labors in behalf ofa good currency
insisting that it should be placed upon
. sound basis, or retired determined
that we would labor. regardless of all
things but the interest of this commu-
nifty, until..the end was accomplished.
No sooner had we commenced than
al the batteries OF the shinplaster cita-
dels, were turned upon us. We were
coaxed, cajoled and threatened we
were visited in our office by certain
parties who represented to us that the
scarcity ofexchange was owing to the
bridge At this point They said that
by reason thereof, our grain crossed
the river readily ; was stored in Chica-
90 and advances made thereupon by
eastern parties; that if this could be
stopped, tho grain would stop at this
place and the like advance had for our
benefit. We were requested to take
this position and name our price. This
position we declined to take at ang
price. The next item on the pro-
gramme was to send in a note to us
dior immeiate payment which was Sc
cured by mortgage upon our press and
type, and held by Messrs. Cook & Sar-
gent. At the same time it was stated
that money could be raised in two
hours to start another morning paper
and it was insinuated that unless We
changed our course on the currency
question it would be done. We paie
the note the next morning after pre-
sentation, and concluded to run tn,
risk Of another morning paper. Blu
this was not ail. The shinplaster organ
commenced an examination of our pri
vate Affairs; raked up from the records
old mortgages which had been pal,
but not discharged, and published tina
We were bankrupt. Parties came for
ward and discharged the mortgages
1t was moreover charged upon us tha
. certain firm in this city had a large
CLAIM against US and we're at the bot
tom Of oil our movements when tn,
fact was We never borrowed q dolla
Of the firm, directly or indirectly, ant
never owed it dollar in the world
on the other hand they owed us a
that very time ocer $3.50 on accoun,
And 30 far - being controlled or on
eoune Of action being in any way di
rooted q governed by the firm in qucs
ton, or any person in the world, tn
charge was grossly false in every par
ticular. But this is only = part Of wha
~ have passed through. We will no
50 further just now, but have man
more things in this connection, whicl
" may herealfsr think proper to say
Netwithstanding III thiA We still live ];
- eeissd s1bssribsn; and our ow,
Isl1lsn ~ levse iasssassd . tapial,