Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1858-02-26

y s-os's
of the street. As to the wagon. We should
call it total wreck; and the milk-that
was probably more completely watered than
ever. The case, on the whole was q serious
one, but nobody was hurt.
2o~
MEssRs EDIroRs Tho Democrat Of this
city has placed itself in q most ridiculous po-
sition in is late attack upon the mercantile
and manufacturing interests of Davenport
In fact, the worst rival and most bitter enc
my against the prosperity Of Davenport
could not have done more to injure the credit
of the city than what that paper has already
done. To show the people Of this city what
effect these misrepresentation Of the Demo-
crat has had on people abroad will give an
extract from n letter received from Cincin.
natl the other day. 1t says:-"I see by a
paper published in your city called "The
Io,ra State Democrat" that it has lot quite
so an exalted opinion Of the present and the
future prosperity of Davenport as you ap-
making that investment in the atpres-
ent. for certainly the Democrat gives most
deplorable condition of your place '-GazeHe.
The Cincinnati correspondent-vhom we
very shrewdly suspect to be Alfred Sanders
A. S. S-starts with shameless and unmi
tigating lie. in charging the Democrat with
"warring upon the mercantile and manufac-
turing interests of this city" We challenge
these wildcatters to produce in all we have
said in the whole course of our efforts in
behalf of good currency a single line or a
single word which "wars upon the mercan-
tile and manufacturing interests of this city.
1t is apparent, that driven to the wall, the
wildcatters are endeavoring to make the
unthinking believe that Florence wildcat
and "the mercantile and manufacturing in
terests of this city" are the same, but they
are doomed again to defeat. We are and
ever shall be the fearless and outspoksn ad-
vocate of the mercantile and manufacturing
community, and our only object in fighting
this wildcat is to rid this city of an outra-
geous and intolerable burden which 10 drag
ging our best men down. That we have
proved by facts and figures that wildcat is
running our credit abroad and impoverish-
ing US at home is true; true, that we have
shown that Cook 4 Sargent have neither
the will nor the way to retire their vile
trash true, that we believe the salvation Of
our business men requires that Florence
should be at once redeemed but, it is . lie,
base and shameful lie to say that We have
ever said one word against our merchants
and manufacturers.
We have said that exchange here was
worth from Is to 20 per cent premium; that
il true
That the Railroad company will net take
Florence wildcat fbr back freight. and that
our merchants have often been obliged ito
shin" around the streets for Illinois curren.
cy, which they were compelled to buy at ls
or 20 per cent premium ssthas's true.
That merchants who had plenty Of wild.
cat to pay with, have had their notes 60 to
protest because they could not get exchange;
that's true.
That the reputation Of our best men has
suffered in the East by the protesting Of
their notes that's true.
That Cook 4 Sargent have promised re.
peatedly to retire their wildcat or raise II
to par, which promise they have never full
filled that's true.
That the Bank Of Florence has suspended
specie payments, and the Cashier at Florence
is daily refusing to redeem Florence nstes
that's tue.
That it il ruinous to any merchant to pal
10, Is, Or 20 per cent for exchange; that
true.
That there il NO prospect Of Florence be
ing redeemed; that's true.
That Cock 4 Sargent's splendid new
banking house is msrtgaged for more tha,
half its value; thats tsua gNsr8
That Cook 1 Sargent do not own but
mere ftastaon ef the laads they sdvsrtiss
= ssll. bat ass msesly aesats ssr Ne ale
Ithats tsuA .. J..
! IN essA . sasD>aa lnss asg ~ -