Kanawha Valley star. [volume] (Charleston, Va. [W. Va.]) 1856-1861, 1859-12-19

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prolnotionsof their business. Il eo,,il % I
base operated more seifshls 81 H. 3. %. /,
ft iiiustrate Take the opsfa,io,s y :, 8.
Nprtb western Bank. lgf exsmnls i 'i's
Wheeling. The pet operates oast IS ), q AZ ].
brokers in returning The sH4ies 81 3 - '.u 4
Bank. Winch take as the iustaac. - W h
cause il has ever been one of tbs ge -
est in the aates This has been d. qa,
am ihformed 10 4 DISASTROUS and e,ins .'S.
extent. - The manufacturers Of WI pp ,
are compelled Is sell their as,;si Iss'lli y
conformity with Pittsb1rg. their Sr;sss %
credit OF six months. These 49,. ~ en
made % persons living IN K-ntu,ES : s!s
diana. Missourio. Illinois, Ohia "a ri i. J,
The Western Stales. The manu-
upon the personsla whom ,hss ~ ! I, II E
at six mouths. and must have ,I,e;s e s:, "
tiiscoifpted, The chief bas;pess, = o s1'
Northwestern Bank has been lIs ~ no !
scount-efs these bills. which IS pss s vs.
for the existence Of ,hs manu- sSfars 49,
When The bank discounts. sneb Ti IN
they are sent toa friendly bank pe,r IN y -
So tsH.aese .Ae PafsyzuPoR whom ihs
a ~ lhey are then paid ID
the oank notes or currency of.tiaat loe.I; 4
81 and put TO HE credit e the yos;.
western Bmk at Wheeling. iTnass Az ,al.-'
law, by l::seetion, tiat Bauh caa ',',.
-. p m, tSnds except bys cheek M
: arg eo !, l'Ienee y, that no Bank
~ = cy.iecs lnese pHls Tor sbe Wheeling
- a al,A y currency or bank notes. aud ~ !
,ha W. =. chssE 20 com. his r6mpeIs,
l \. nsnk 20 AVOID these bills,
:. .',s manufacturers have To sell them
s g 800 80 :. heayy discount, sSeelioii
OF, nas!tile same effect 81
.. ON. ale entire DIN IN effect makes The
4o.1"o5uGs e =. Aure's instead Of specie.
S au 49, nltn Pas lor e too and il is
uetio''' ''e,ls tllat specie eertlhcstes ara :
~ - ~ s,a 4, notl'hg 70 arf'sis, iorsey
! % % Z. rs ot'Ati.s i =. feuenptlou,
..l nsslaes tepeshh .his law, other
ans a.aa q panhsns avs ou,slt II has
"',,,eo, .Es. s,. ~
- ~. ai"it PVT Ought % o. ls.lfsrt d
NY 1Asuu,iss - ets9rYe e2pFsltlts5s wifi
tne ls I've toy-1the oanks' -zNsy tbs solo
ssae - py7 Ines sIoyetnerf y to prsseat
tue receipt oiynoses Tor reHeshe ssand tllen
op,yl 10 case Of suspension There ough.
pao pe 2 summary mode Of compelling the
banks % keep within the limits Of Che RI.
la1ion oEspeeie ana circulation. and 20 re-.
strict the total at1nunt OF liabilities y lbs :
tegsiessaadara' Whatever y may bel
q. Inc Ssate STOCKS ~ tho banksf
eughs MOTTO eett pc soli !; 0ut whether separ-
I a1ed from thei state or not, aeontrel, AMI
greater Than present control ought 10 b.
n .st 10y them oy shs dovsfnpF and first
Aualto =,
\, "a. mere rs, ousnt TO- oe Two systems #
banking ,E1he State and each ceraora,
eslon ought % oe independent, aRd have
no oraf q,
4te; ine circulation ought never n
exceed deupie the amount ofeapitAs nor
three Qmes the amount oispecls.
ON. The banks should be sufnnAfas
compelled 20 redeem all their issues IL
specie. ana - register All their aetesis
SUED ID some government Office and =
'ss - ~ Elo .. ull0er se,sfotIfars-
o,h. = separated irs m The sseeesri'i
seogks' se,ll. 70 De oo'lSed 30 Negotiate
ioAns' any 70 receive aepesAas1oi public
! iua nus :.
". 10 oe llmited IN dividends 10 x
given rae o. per Ecents AMI TO reeerye all
surplus proflts over that rate, for eon-
tngent Mnil 10 guarantee specie payment. :
8llil4 Directors on tbeanarf oil The St.,.
,,,,,E n,ks, II IL .ll,.l ssli =. -
or5sn bor,o,, fror ~ 80 = Z s.oss =.
NJ ail' whist actls,g IS directors. F@
more extended vMws, Irefer To my isst
message on this s5sbiect as I'll
RpUcArtox Avn Irrrp1py r.s4
The I,i,s,a,v ~, j has 49, $4,000
nearly $500 ON anil III ~ -
yesfmenis viii soor IL tra n;il;on. : Il !.
d, liars, TIE in,etas, mon ,l,;s viii 81
about SIaO 600 !. and tba WHO'S csn;,aS
lion tax being deyole1 - tba ,.omn,@a
Schools, the funds f,r IL luea,ian nav Is.
be annually expended. afs lillls short Il
S25o.0eo. Surely some f..opsider.bIa
portion of this can be a,pranria,sas tygl,
increase Or ina annn;t,as g Il l,f,a Iri.f.s,.
sitgeand Military Institute an, olber 81.
nllilies may be- given 10 The Colleges,
aii 70 the Professional and high Sch0dsr
IL FI...