The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1860-11-28
Stirring Times.

For the past two weeks, everything monetary
and political has been topsy.turvy. We have
had money panic, which hes extended from
New York to St. Paa, and from Passport TO New
Orleans. Pages might be written to explain
what brought this panic about, but some lazy
fellow, too lazy to write or TO speak much, says
ait was the attempt OF the South, TO accomplish
through the bankers what they could not do at
the polls" "That's the idea a. Lord Dan
dreary says, and that is oil Of il.
The southern Banks, especially those %! South
Carolina and Virginia, were already tottering,
being extended to their utmost capacity of diia
ton, carrying also enormous amounts OF suspen-
ded paper--io them the "crisis" was a godsend,
and they availed themselves of it, to " suspend
also.
This Gepravity il southern bauk-cted:, iulme-
dately extended itself to all southern Banks upon
which to certain exteAt, the circulation OF Hi
nos is based. Then OF course came A panic-a
Brokers panic in western currency, By which
tina. ingenious and deserving industrial class of
community were enabled "to turn an honest
penny" buying up Western at any practical
ble discount, say from FIVE up TO twenty-five per
cent, which now that the panic is over, is worth
par.
The refusal of the merchants of Georgia, Ala
bama and South Carolina to pay their commercial
paper, added another phase 70 the panic. which
threatened to involve and ruin many houses in
% 4 LII h,
southern trade. These houses, however, viii
share in the general relief, springing from the
wise and timely policy of the New York Banks,
by which their specie has dubbed, in joint ac-
count, and their usual business discounts resum-
ed.
The regular pulsa:ion being reinstated at the
heart, the extremities of course sympathise, and
within an hour after the dispatch Fl ON New York
was received in Detroit, all was quiet hopeful,
and steady -and everybody began TO look cheer
ful again, except the Brokers
Shakespeare says that misfortunes
" Come rot as single pies, bu; in b,rtalous."
SO the money panic has been only one OF the
many features of trouble and disturbance which
nave marked the past nan month
Montgomery and Lis uneasy spirits have " ris-
en-" again in Kansas, and have been making
trouble under arms, and doing mischief They
have seized Fort Scott, but not destroyed it, as
stated by telegraph, and are now rumagng
around generally in Western Missouri, making
all kinds of threats. The immediate pretext for
these outrages was the refusal OF Government to
postpone the sale of Public Lands, to meet the
necessities OF pre- emptors. There are most ex-
tensive tracts Of squatted" or pre-empted
lands in Kansas, occupied by men with their fam
lilies, who have no means to pay for them except
what they get out OF the soil. These resources
have all been cut oil during the past season, by
drought, which left the squatters destitute and
starving, and in their bitter extremity they turn
ed to Government and begged that their lands
might not be brought TO public sale. This prayer
the Government could net, or wUuli not grant.
and they became desperate, and pu, themselves
under desperate leaders, to do desperate things
Gen. Harvey at the head of a large body of L.
5. Dragons, have been despatched against them,
and the poor delUded creatures viii probably
pay the penalty of their folly, with their lives.
The orders are determination" and that is
process entirely cougeuial with the temperament,
character, and precedent acts of the American
Claver house, Harvey. Aside from Dragons, IIar
ney's command includes Artillery and Infantry
from Forts Riley and Kearney, to the extent OF
a regiment.
Tia h,-b
Toombs, Yancey, and Brow n, Ike Massachusetts,
witches still dance around it, aud throw in what
ever pernicious and dangerous Ingredient they
have a. command. The Legislatures of these
States, respectively, have provided for concen.
tons in January TO take up the Secession ques-
ton. These States are South Carolina, Georgia
and Alabama. Virginia takes the attitude OF
a mediator, somewhat after the style of Captain
Mungo McTurk, in st. Romans well, who was
emphaticaly known as g the man of peace" be-
cause he held everybody by the ears, and would
have quiet IF he had to fight for it, Virgin
ia is for = an armed mediation" and is preparing
herself accordingly. OF the remaining southern
States, Delaware, Maryland, Kentucky, Missouri,
u
decidedly loyal to the Union, and the remaining
States have divided popular opinion, but take
no definite action. 1t would not he strange if
the movements of Montgomery, just at this time
should make the excitement blaze still higher
and cause il TO extend
The southern press, without exception, as a
n after of course, express freely their opinions
upon the secession movement. Their opinions
are re-published north, on the one side, and the
other, and some of the papers-the New York
Tribune among them, coilate them without dis.
tinc'ion. Out side of the three par excellence
secession States the preponderanee is for the re-
union and against secession-at any rate until the
President elect shall commit some overt act, in
dereliction of southern rights. What such &C,
may be, none can conjecture-ipdeed it would be
difficult TO do, considering that he has neither
branch of Congress 20 cooperate with him.