New-York daily tribune., 1858-09-02

ere arder tbe frsssr. system II uLrsy.rc a A..
vcuh pot .1.c: tse utnos., blt simply sscscssts..,
s limit 10 sgman industry sid 70 t.e cso,ob,,s. :,
nature shch the pover Of tie lender csoso, .,n,.s
N. lsbOripg asses 10 elcssd. This ur;. ssi'sSI
sr,ady uehirg i,se.i manifest, vii b. lai ~ s,r,a,
tie lsfdeIs 70 sbs.S taeig demands, sach aas.sf".
berefcen, ccm9ls.o1 os lego. .,,s AL an .5soaSs
usury Az bs lsid uQru ttsm they WI j. -: &c
ssuey,hipk vii sBfiee 10 1T Their be,-oys-s s-S
tenants live ard sesp 9, weik 20 pay ,asT xss,er
AZ rsnis.
But TIE lerde-s ssy, ths risks Of losr,s snsy A..
great, We are no, suIe our UQoey - D. ,etGfasi :.
Us ,uretusliy. ard W uasi be paid A5e-aiy ~ "a
bszsrc We frequently i1cDr 70 Accommodate ~ ss,.
mechanics ara otters wao sre sDx.oGs . hsro,s
rs lu. II ttey shCgid losn a. 10 ser rs.ss -,
uotey A. TIE ictsrcst upcn l. would 5s Ear snsr =,
u.sn rley he stle 20 pay : or le per csz. ...se.
sbep - q 81 percent would acsJ4b al o!s esr-ss,
sri e,eutually mske h'm bsrkrGp: P,JAs.ss
lsrGe,s Q: ulcIey rsr ~ victiIs - sCy ,'sa.,
ert Of nj, plscsd cos hjri c. N sblGy e IA.
dsltorsio psy. II they % not ia al case .e. ia
81 per cert Cr ot1er n rS'e .sree pgo, tssv S,s
pretty tuIe by sCme cl1prUIise, or hg fgsc,sars
or TIE sse Of securities, . gst tltis p!7epL 81
r,te rer cert hich coupeIsaes item flg .hsf ,sas
ard snxiety in lencirg tner mopey
Tie aw iIrg TIE Iste ot interest fo' As5ks sis
per cent viii nsye h..l, effect IA reducing t,s ess
trsl rates 90 u. psrc. .yes. favored iez " a b,r
rcv iom them 81 zee legal rates 10 re ,osa :. .Is,
ones sccodiec > oriyst- ssrssD'u., and he p.9,,
geteisl viii gsin but sriau sdyaaags ffom >, e..
ment ssuc iOped proesoly ss ccevesien. sDi etssp
csrcessi0n 10 the oeBsBl Of t5c pib,c.
Tse ts,shisbn-ept of legal rate q in.s-s,t even
90 hlsb a. H. ger cent, sId Of stringent crg rs.
yhica should iesly opers,e - ceter len3ess iiou,
melting by the uecessiiies Il borrowers, would s4ye
lese rs u.r The p'ocucefs Of be stats co1i earIov
mercy yst rs;e vi "a would not Sc ql'ck.y .rpysr-
sh them, their lance ara proper CT every eeie'ip
,cu would psss mucb lees rapiciy ieto toe o.ais VI
money lende,s they would havs o. uinea osp.,s %
use end scuiu retain 10 then Own po ssesoa 80 tae
rewa Of tntir l.bOr al tne intsrts ao9gs 10 per
cert which Trey now give 70 capi.slslS. llsie oss&
Re TO alarm lest the supply cf money s1onii ,aluso
for Eastern and resident lcndss would nod ser oars
moIe srd l5 or l. peSOeat, Is oersS7 taossa
hgt,r thsu the ia TIE cider Si,tss 90 sae ias
loan Cf m,Iey il Minnesota Sa strSct,vs ~ scs.neat
The h, de me state bearing bat per go s-e eos
III in the Ne~.YOik m.rke considerable grerssp;
go thst even tie advance of per csps aboFe onf cur
rent refe Is ample indtcsuent f-r enae:s 70 iase.
vhtn ,hsy sre ssii fed vi'h tbo stcgniy. mica
orer rste than 10 per cent would he sres.ly Ji ;os
petuare nj adv antsse OF hl nssrta. Every rsfacos
of The rate Of piefss, il direct beDst, tas grea.
BODY Of her people aid does ro injustice 70 the esSers
Of money, who nov, for wan, OF suitable lsw,
euricbpg mseves ST the expense OF her pfoduces
.4vJ ~, lS5s. hk.P.