, 1859-09-05
4rca8 Grihuttc.
MONDAY. SEPTEMBER {, 1852.


MOVING.
n. i. E>~ning Pest u Aug. 31st notices an
Increased demand in that market for State
Stocks. lin part for banking purposas-a.e re-
I" e-n' dee'tae in exchange al Chicago encourao-
ing 'nne |ib&rel circulation in d.ot quarter.'
From .'anua-y last 10 August the issues under
our baking la wweec increased from near So
0o0. To ai'out 81. COO, 900. on iese the currency
makers have been resting upon their cars, liv-
ing upon the fat Of the land, selling exchange
al two md half premium, and looking for.
ward with brilliant anticipaions to the mag
nl!eent income they will draw on the frs: Of
January ''e1t in tue shape Of interest Oh tie
STOCKS deposited, and which Lave bccn paid
for by tue issues i,ascd upon them. We werc
assured that this clHss Of operators were con
tent With what they had already done: tslat
they did not intend to put out my more cur
r.ucr; and that if NC would let the matter alone
ii would sooa work >cllrght Wo we're lllr-
iher tod tLat the banks themselves were COZ
s;deriue plan for central redemption, in coin
O. eastern exchange. and all that was want
Ell was season Of quiet in which to perltc,
and pit it into operation. The abogc state-
mcnt frum tic Post shows how little these
promises were entitled to confidence.
TLe fact is, the making Of currency was on
II suspended 70: tile purpose Of rcaplng
richer harvest out O! the high rates Of ex-
change or, in other words, out Of the depreci-
alton Of the eight millions Of currency which
they had cut. We were in debt to tic East,
aad had nothing but Illinois currency to pay
with 50 thcse gentry turned all their atten
ton to selling us exchange, taking their own
issues in payment at 1lluety~sevcn and 4 half
cents on the dollar Now that we have grain
with which TO pay our debts, and shall shortly
have the year stock Of cattle and hogs to use
for the same purpose, and exchange has coz
sequen1y come down to about one per cent.
premium will. the prospect that it will remain
low for some time 10 come, the currency-mak-
crs strop dealing in that article and 70 back at
once to their old vocation. They can now use
their Issues in payment for State stocks at IS
cents on the dollar, with the prospect Of doing
even better than tllut in few days; and SO
long Us this is the fact-tlat is to say, so long
as VIC have something beside Illinois currency
to pay our eastern debts with = they will grind
ut immense quantities Of it, and draw the H.
terest on the s.oGks the first Of each January
and July. just so soon, however as VIC shall
be compelled to use Illinois currency again to
pay our debts with, they will suspend cu7sn-
cy.making and 50 again into tic business Of
selling exchange at c1tortionrtc rates.
The business men Of Illinois are the most
patient, lone-suaerins people in the world.
They are being robbed annually Of thousands
OF dollars through these currency sharks; yet
they take no concerted ste? to put stop to
the plunder, hut hold still to be skinned. How
long DO they propose to submit to the process?
Sterling and Vicinity.
a visit last week to this thriving town, a
hundred and ten miles west Of Chicago, on
the Galcna Air Line Railroad, convinced us
that many substantial improvements hare
been completed within the last two years The
keystone Block makes fine appearance and
would do honor to ali! city. There are others
oi scarcely less Importance, and though here
as elsewhere, at tho West. further progress
must wait for better times, the future is full
o! promise and encouragement The fine 10
cation OF Sterling, on tile Rock River, its i'm
meHse water power, and tic magnificent couu-
Try By whicl, it is surrounded. will ere LONG
restore the former ACTIVITY Of the place. The
entire river il a-ailablc for manufacturing ,,ur-
poses, no: a title Of which is yet brought into
active use.
The objects Of our visit took us for scverol
1hles north aud south Of the town, and Ger
tainly no one will accuse us Of e1aygeratou,
when we sari is one Of the finest farming
regions il. the State. 3tuc! Of it is already
under cultivation aud thrifty appearance Of
the farms, bear witness TO the energy aud in-
te1Ggence Of thsr ow1crs THIS region las
suffered sevcrel: from the drought, There las
BEEN scarcely any rain since May last and in
aons: fields the c,rn and potatoes will hardly
be worth gathering. Some Of the fields Of
corn, however. arc among the finest VIC ever
saw. The difl;rensc is attributed to tie great
CT care in working it md perhaps 10 the bit
ter location! Of lhe fields to resist the effects Of
the drought Half Il crop Of corn is all that
we heard airy one estimate for this section Of
the State. The wheat now Ill salelv gathered
is good, but the yield is light. Fruit is b Tin.
ming to be an important item with some of the
farmers The trees in Or. rtonngtous Or
c'lard show the effects Of tic drought. but
some Of his lrst is capital as VIC can testify
No one CAT judge Of tie severity Of the drought
till he sees sloughs which hardly ever fail If
water, entirely dried up. We walked through
several, aud found them dry rs a powder
house" Ninnebaso swamp itself is reported
nearly all IS dry rs desert People cross il
at pleasure, in almost cycry direction,
Nc aEe greatly obliged to our friends in
Sterling for their kindness in suggesting, and
cven "huuting" up sources Of pleasure and
interest; and we have to thank them for many
things besides the "prairic chickens F." that
contributed to cur enjoyment
WHERE Is THE ssmAD STONE -,
We read IN M Iowa paper short time siale
en- nt|resIng case Of treatment with the
mad ssole.'' The victim, who had been c1-
posed to death Of unspeakntlc terror. necom.