, 1860-11-10

A14taAy PuAsucus oao IA -"
'crosity to give though never 30 n,ue uus.
,ne aoneh1 out anu 'ncluoeu :" ~ no' ~
KANSAS oenciactorst r of eaH "! pese =
ganIzatsons must De kept up, ana .nose VINO
= direct r. thcm mug Pattnest uet.s NY .nc
WORK, and tof "na. my ~, seek ns"a1a ~
an approving o'ne "nsn WIZ. - na ,ns sn..'
OF heaven upon an soep a.,' !, ~ 1e*.a
ets "iu see lnal u Il no nsne 1asA ~ @ aa.s
VI iel'; tnouea1e pogp4e tN!on ~, -, = ~ ~ 49,
- :AutAe' laiu1n tnen "':A sesu - -. m
spring. suu 'ne neau. ~ 4seo su' ,1 =. =, ~
WHO WI 'eno 'no eAps>'Aea e4op. ~ - A
ina'n.''s III Atnly ~ ~ s -, ..s,' s1 :.
~ pus s'sAe 0Ato 1.@,-.~ 80,
1t must be done Let us oe5'n no" oe'''"
tic WINTER shats N =: =. -.-
rr,r cENFR1I RANKING Law,
Among the many subjects which should
engage the early and the earnest attention
Of The Legislature Of Illinois, is the amend
rent of our General Banking Law. The
hest legal and financial: talent Of both
hail, houses should be combined to remedy
the acknowledged defects Of the system.
That the law needs amendment, in order
to n1otect our peoplc from being flccccd bv
sharpera. no man who understands its
working can doubt The last report Of the
Auditor shows that .twenty-tyo banks in
the State had not, at the time the report
vas made. q cent Of specie On hand, and
that twenty-four more had not a thousand
dollars, Again, Of the ciehty-four banks in
the State with a circulation of $o.6f0:O94.
onlv c,.ncn renort: anv loans or discounts,
and these amount to the incousiderable sum
of se3a e,t ri Prudent commercial men,
WIN have not inonired into the mysteries
If our 1,t;no;a financierinr. NAV. for the
r,oment wonder how nine millions md q
orarto, of currency gcts into circulation.
nd how tho nttercrs q of It make money on so
short line Of tliscounts. The solution. il
e-rccd;nr1v a;mn1c The owners. for ex-
annie If The "Becurityn Bank, located
nominallv Mt some cross.road in Bouthern
,u1;no;. 3ohn doe and Richard Roe. eze,,o.it
;,e an,;rs circulation will, 1ohn Doc & Co.
c~chsnoe hrokers At Chicago with which
thav~d;scount :. n;}t-odoean 1,aner at "cnr-
rcntr r,tea These ri their connters weld
tbc moderate profi. Of from twenty-five to j.
ff,v ncr cent ner annum The worthy ope-
r,,ora ara nart;cn,arlv cracious when naner
n,v,,,1e in New yori il offered fv which
trcv mr. enabled 10 make exchange and.
tho,,c1, cencr,1,v 4.],cra nnn in that article
t,,cv msn,oe IN srn,,lv customers at from
onc+o three nv ce,,t nrcm;nr exchange
Il ia truo fnr a cons;derah1e norton of the
,,st s,,,nmcr hos hear 1e1ow ono ner cent
,,.,. .,s:. = -. a~aar,.;oa ona ,ot ,,,a ,a,aro,
49,. ~ ~. ~ "
Thc business public are beginning to feel
thrs carly in the season, the effects Of what
the money sharks arc doing to supply the
West with ~vell sccuredn currency: Ex-
chance il olreadv one md a half per cent
,ro1,;,,n, and viii, n,eaon, nrosnec.s # is
i;le1v tc be dm,11c that nr;ce hefore it is
NV icupr Tbc ouest;on ,1iscs what ,os
hccome of t1,c exchange made bv the i'm
mango amount of nroa,,cc Skinned East dur.
~, the nre,cnt vear7 Our exports Of crain
| ,,are heen n,ore than aouble those Of Inst
vc,r md mr. sb;nnents Of live stock. beef
norl A. ui1, nrohah1v show = vcrr 1arpe
;nc-e,ee 11j,1;ons have 1,ccn added to the
,ctn,1 can;ta1 nj thc West and as ye Ger
t,;r,vh,rc MT consumed the proceeds Of
,rr ;,,,,o,ea e,~n,,z ovchanoe oncht tn ha
varr 1;t,,e # ,rrt1,;n1 o,,ove mr. The rea-
son wbv !, ID mt ia found in the fact TINT
,ne. sn,nr,.r wh;,o ;t,n1ed At .. 1erv Inv
..te -. 1-rroncrn M oera ;nvested 1aree,v
- stoto 1,onaa m zphic1 hills of new banks
,,a,a hmm tlood;nr the country for wccks
md mont,,a mast The West has Stale
honi,s in the safes Of tbs Auditor. md beau.
;;6,11v enc1nved hits Of naner in the hands
n tbc .1eon]e instead Of money for the tine
cron of thc mast season Unless some m
coraeoo, event occurs n thxnrt tbc
..,;.r,ao IS ,ho or,-roncv ,en,rv thev u;,1
<~ ,-u1..-1ss.~: ~ ~ .ss. ~ 49, ~ ~.
.4.1As - '~ .-.,.s-N1 ,:,-s1s ~ .,,1. -
lnsu 1ans y. s .1'a - - T H.. " yas+ ~ ~
$". -. I ,:a.,.ss,S, - 49, -. - ~. who,a snh;cct y
.-.N. 49,. -..- .,a,,.;a, .hor1d he
| cor+ort1xr 7,nder.too3 The TRIBUNE il