, 1859-07-12
ptcs& Gribpmc,
zs s'st At;Es AftGEs6ky, s:5 t <;f:it jrfl IL. 1850.

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- TUESDAY, JcIY y, 1859.
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NEUTRALITY-SUSPICIOUS.
~ -. .s-..:s ~. ~~a
Ihe lenlescy Hiteh . hos been exercised oy
the puelietewa9ds tl'sesnks Of th's State since
the 1eSn!s''a sst mis- worthy o1 0u prn'se. a
onsreat 1*s1es "ea.o ~. NJ po' on!S- mare been
afanst WILL ". eaSS'eF ap "a '4e' aaaks taemselsea
but thousands o. e'saeea a*oeH ss have been
y "s'aree own ~ 1n 9eneFn TEeee. But what
was e'a'neaea''e ~7s IRON considerations Of
"pup4p saeq'-'S, ea'pae'e, " ''ov judged by the
san'e ssaas--t4'e sI'ck security system has
certain EsSnAaf.ass & e eqa,nlena it to public
ta'1r: c:!hg eases = a.erare z indeed in which its
iss'es .eeme wholly worthless. The holder
oft feels confidence in its valdJthat be,ncs-'
CT does III issues haSed entirely upon generous
contRldaceF But e7eat as this advantage is, ii
is not satisfactory offset to tie disadvantage
Of 'n'tnseEtiossisy..''1t Is good thing to know
: :! ~ ~ =.
even stoolo: t'so pnaSs o'cak, Lie eee''fa1les,
. -*s'n N .r.o:2ss q: :hnle teA %. enough to re.
doem Tic Whole Or .. very Ercar proportion d
tho outstanding circulation But something
more tl!aa:'.t''s is wanting Our currency
snon'a nes ohls'oe secured but IT ought: to be
ieorres5it'e r 2 also 80: :;
:. :: Thus far the hanks Of tlis State have been
'ml.eu 70 eo upoa tqe nsposnesls mat mat. Sc
"' . ~ ''s1' '9s.Ass 'ss''c'es''aein from tne
=. w.. - .*e4s esesnp1:on as W. san
' eAsSt.a =; sas: sas oenaaoea y eonsosfa-
::eel's U: laon snoo @hla 9ne feyuis'on was
upon u.s. eae tac pune gooa -as clearly oc:
maa7s n d'aeaent policy now 1t would be.
:" aa'cas!* matter to: prove that: ultimate &C.
eaf3'f 's no compensation" for :inconsertib1.
Hy-smE eae 1esses eilta'led upon tho peo-
-Ne g: tos s'a'e ps reason. ol the. :! lat IT.
tor are far enea!e!: -, tl'nh would resof
were our banks pEssan9ed upon the ",eepeno''s
-ooraqenee: M TflnSape: we hase % hesitation
- ~ Saving. tlat e security and conyerlb'l''y
cann't hnud Y hand. s:e, should dispense
"ltn tae ssoek security System: as quickly p
rposslhle-~ But why may we*-oot.i'nTe both!
"p5:1n7t- moi. -onf- Aisaols banks be always
PREPARED 70 pay coin ut their counters for their
90 ssrss' or redeem at c4ncaso or Springfield III
eastern c1chaose at reasonable premium
'he s'esk seeat''y banks " New icfS are
apeee-paying hanks. They would npt he per-
m'tted 10 stand month on any other terms
Why should not oltfs be Compelled to come up
to the same standard?
- 4We1tnyc lsAr1f II sAff1aH tf1Ht mr. hanla nra
=. not alde to adopt tie SYSTEM Of redemption. If
~ tint be So Ict them be driven Oil Of existence
at once aud pe,l;aps 1lleiri places ixiIt be supt
Piled ly 1pese tljat nfi;: H.: a6le But is it true
tl.at they nte mot ahac3 Here is a bank will,
- .csrcutation 4soT;o ii .s.5o1oor. docs not
- ::.:pTesena. To- redeem lts bills; and our Chi.
cage merchants b,iy exchange with them a.
;:,two ncr. C cent premium In other words
"a . tley MISS t1,c hills oc-,tl,is -laukj at one
and.a-llall a. to two ,er cent dxcbunat. This
discount eom,s ont Of tlc pockcts of 'the pub-
liz for the hank rcts the fnll facc of its h,l,s
wien it ISSUES them. Tie l.aaker Isars Tho
nuhlic5 onra,t to : shoulder tits loss without
rr,tmb4;dr: ii is tbcp;f;ec thev 1,ate to nav
for secn1itr md + ii rhe,t, tno,,s7, at that
rh;s av s;i1s. =, n. -; "a IL In. If
II