The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-07-29


Your expose OF the manner In which the public have
been swindled by the Tcgs shamon ami other banks Of
Pennsy Ivan ia, has given grea, satisfaction have been
locking FOR some time for the papers to expose thsss
banks.
The shank mole detectora "rsgistes" &c. ought also
to be held up before the public You say, your paper
that several letter. been found from the different
"reporsers &C. addressed 10 the officers OF tho banis
asking interview. Thcse letters ought TO published
In Ieporer" ind money quoted at certain rate
while In another the quotation different II the banks
sound their bills should be worth as much q. one e.
fee ut another, else there lack OF Information Cd
tanned by the reportsrsn they are doubtful tho .re-
po,ers sboud seek information in regard to them ard
warn the public In time.
the public never LET Us know an1iheg about the bre-
rg Of bank uns it is too late for 10 recover There
ought to be law psssed - follows
ANY bank note reporter, register, &C., which quotes
money a certain rate should be bound TO redeem tho
rorsy for month after said quotauon AMI at the rate
quoted.
This may seem unreasonable to OF the eIto-s "
these worthless journals, but to merchant ~ho under
the which they carry their business
VII. show Itself TO DO the only reliable way in which
public can be secured.
The majority OF the editorials contained In these publ
catiops attempts to each other Self praise
SANDER other curnsls 70 be their whole 90
j.ct Ia 6nd article Containing lot OF quota
does OF what good is such an article 10 Tim who
holes the bills CT broken bauks Does this warn him In
time 10 repei the ehocky M0Gf Aseuredly not We vact
Information II the reporters cannot give that for
which they are pad twcrs better 10 them the
winds at oSee 1--WE do not take black mail" they say,
"but buy 20 many OF reporters at such price, ana
we will quote your bank" Is this not swndng the
mupityy
And yet many Of our brokers 60 in bssu ignorance,
buy .: The quotations Of these reporersn You
the rst, 1t seems, who has commenced show 10
issby sheets. Go on In your good work and the psms
the BERAID viii be upon every mouth, from East 70 West
fren North TO South. will be the warning voice 10
thousands from the impending ruin which these repocrs
Registers" &c, bespng them. woald rot trouble
you with these lines sir n thought that would use,essly
take any space IN your valuable paper But did you
hbow 10 what au alarming extent these bank swnding
operations bad reached you, well Is every editor Of
paper In this country, would exert all your powers -
crush and blot out from existence these publications II
is national disgrace 70 American citizens that they
shoud allow their ignorant brethren be deceived
by iourras which have prosuicd their columns In suoh
cAure Why ia II that they have been long allowed
TO tramplc rights flor undoubtedly they have
done They viii coon hear the cry OF shame shspie,
sDd Be startled by the hiss Of the popuiace WHOM they
fully aware OF tho wrongs hesped upon them. Men vns
hus aid In crushing uatorous and svindlipy journals
viii forever stand az bright lights In the community
AN UPHOI.DER OF TnE PUBLIC GOOD.