Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1858-08-01

- 1vss pe0y 1oobooDtoo 60 ps4ty trick
eres would b dsoppsd.-Geasese
Give eyour hasd On that. fes it suits u.
precissly.s We hare 70 petty jalessiss Ia
reference 70 Bsaking; vs havsk simply
slated our convietss.s - to stoh1na~ il
which that Frss Bank movsmest ves = b
started. and We have he sstissassipa T.
know that our articles on thst score hsd The
good effect to open the eyes of ne public
Nov, for our nsighbess - say that on ar
ticlss on easks x ahiaplastSrs had aaythiae
to do With the advatissasiss which Messrs.
Mssklet oorbin. Mit1Asla sd Others. ia-
serted IN our p4R@. y simply false The
sditess Of this paPer vas = nnch in the
dark about the movements oh gestle.
men, in that particular. = vers q balance
ef eommpnity; and the Astisles v6ieh hass
spPeared IN this paper have bsen written
hy the editors without any 6cwlsdgs
vhatsosve. Of The movsments = ethers.
We 80 sasd thas eas .stgAbasa1ss su.slsI
the rat and that they now see just how the
thing has been working. They have, at
last, scented ont the prime cause Of our
structures on Florence, and have distinct.
ness Of vision which Is indeed miraculous
Our course IN relation to Florence and kin.
dred shinplaster swindlss, has had nor could
have no reference to any bank movement,
for we reiterate that we knew nothing about
1t. What We aek is. that shinplasters may
be cleared out Of the way to make room for
the establishment of good banks. The
writer of the articles thereunto pertaining.
has been very closely connected with this
paper for the past three years, and can vet
be seen in the editorial room during all
hours of the day. We have been pleading
for no man or set of men, and although we
may have our preferences-most men do
we are perfectly willing that any number Of
competitors shall enter the arena for public
favor, en- the new bank question. So long
as you take the proper steps towards start
ing good banks. We are with YOU GENTLE
men, but We shall continue to apply our
structures to oil wildcat humbugs, and en-
deavor to clear the way and make the path
clean for the advancement and building up
OF good, sound, safe banking institutions in |
davenport We consider and know that
shinplasters are in the ,cay of this movement
and as such We shall try to clear them out. |
Our merchants wish for oney and not rags; |
for currency that will not have to be shay
ed one-tenth before it can be made good
for something with which they can buy
goods. ten miles out of the city for some
thing that is not liable to spoil on their
hands, and involve them in ruin for some
thing that can be used in bailding up Da.
venport in preference to neighboring cities.
his is what they want and We wish to as
'ist them in getting. They have bled long
they have wasted their profits long
enough in purchasing exchange at runous
rates, and We now ask that they may have
'ome kind of q chance for themselves.
If Messrs. Cook d Sargent or Burrows l.
Prettyman alone, or in conjunction with
heir friends, propose to start bank that
5 bank-sound and reliable-we saw. God
peed you, gentlemen, in the good work 1t
8 what We want and what we shall continue
o ask for. If Messrs. Macklot, Corbin, Dow,
and Weston have made arrange {
nents for starting bank here that will
meet the demands of the public, we can sa
10 less, and bid them push forward with /
heir enterprise, and relieve our city from :
he stain which has been cast upon it by {
'ogus banking concerns We have the faith \
o believe that light is breaking in the f. :
ancial horizon, and that we ask those who I
ave issued deprecated currency to take
out of the way and give the new bank
ng system chance to perform its work
Meanwhile We would instruct our friends /
+ the Gazette to do the same thing. They ,
nay smell around Just as much as thev &
lease. Let them attribute all articles /
'hich may or have appeared in this paper /,
n the money question, to the writer of this, r
'ho alone is responsible, and who is pre- q
ared to back up his statements. No arti-
les written by other parties, On this ques- {
ION, will be inserted except over their own !.
gnatures. and any insinuation to the con- !
-ary may be set down as false. Our war is 5
OF with banks or bankers; but with chin.
lasters and shinplaster dealers. As such 2
ney meet the disapproval of the public, s
'hich has been egregiously wronged by
heir duplicity.
For the Democrat