, 1859-08-18

Eoituss IfAas ohA aooat'
1t is muttar Of no little surprise to the uninl-
tiated, {who take tn: papcrs), thut our currency
which in :imes past has been held up rs model
for safety, and therefore w.,rthy the countcpancc
and support Of the business community. should
now be deprecated Us an cvil which thrcatensiu
no very long period to show its prob ortins in
collapsed balloon. bringing down tie eennuni-
ty not i'll the, most geutlc manner, which huve
been quietly sailing in it heretofore with per-
feet colna,osurc. Tue fact IT, sha' rl,is devil in
shccp's clothing has played most successful
game until t..c present. when it seems that III,
has grown SO large that the shcep.skin won't
hold him, and his ugly yisu,c becomes an object
that to he dreaded needs but to bc felt, as hr
shows his sisagc III the exchange market. And
this is most happy day to cur commercial
interest, when this devil has grown 50 !urgc a.
to <ctre thcintscpld heralds Of its former power
aud fortunes. SO shat they become its true mir
ror 10 reveal its ugly proportions i'll all thcir
hideousucas. i Lave long s:ace been convinced
that the syster1 with its present legal surrou ID
ings, must break down witt, its own weight;
brought into cxisteucc and prntccttd by Law, il
has u footlold upon the vitats Of the peoples
commercial interests that can only be broken
~ h1m. when an outraged people shall clau'or
for relief from the su,ne source that las en-
xlaved them.
1secollrct shadowing out the present proper
tons of tfis evil with lis causes, in the columns
Of the Chicago .onrhat during the rcigu OF
Emperor Pd14ie. aud 1Ac editors modc]y re-.
marked tlat tue article had crept uuuwa1rs into
their columns, and they were not responsible for
it's coutcnls in any respect. "WLcn ignorance
is biiss tits folly to Le wise"-perhaps they had
ragged doIlnr bill on hand whose reputation
they were zea!ous for, and hence. were sorry to
inure thu whole brood in the house Of its friends
aud thus asked pardon for having inadvertently
said one good thing on the currency question
ut the request Of i high private in the ranks Of
quit, irving. only mention this US IN instance
ot The mutubility Of SOME s:a1|t things in tho
history of pictures and mcn-credit and capital.
j ain exceedingly happy thHt our currency has
swelled from &5,0oO ,00v to $lo,uVU,WW during
TWO years Of thu hardest times tue West ever
saw, for in this fact see evidences Of its speedy
disgrace, and final ren,odeiing into shape that
shall be more consonant with the enlightened
demands Of q free people, whose commerce
should be fostercd with As much care as its
schools. for apon these broad foundations we'll
laid rest the fabric Of our continued prosperity.
Let our papers continue To 1oresbadow the
end from the Beginning of tlis great evil in q
credit currency founded upon nigger bonds and,
though the end is not yet, il will come soon
enough, for IN eyi1 disease growk fast when wclt
started-thc patient will soou demand curative
remedies with will TINT cannot be resisted
even by bankefn' Conventions to put down
wild cat b4pks {see proceedings of tie Miwau-
..cc Convention.) Nha. farce Gay ne expect to
leep!eyed nextupon the boards Of commercial
}ueS ktT6uAt ofsHss. MIAcHANT.