Wabash express. [volume] (Terre-Haute, Vigo Co[unty], Ind.) 1841-186?, 1860-11-28
For the Express
Illinois Currency Again.

Truly we live in an infected country,
and the predisposition of certain money
exchangers to inhale just enough Of the
rirus, or morbid matter, to enable them to
communicate it to others, and thereby Gre
ate panic. and a brisk business in the
shaving operation, is truly wonderful
Within the last few days, some in this
community have taken the disease quite
naturally, and now experiencing a chill
every day.
As citizen and business man, l
would ask. " hat is the cause Of this sud
den change of healthy and sound curren-
sy, into one of universal disease and con-
gestion; for mark you. there is no excep-
ton? The bills of every Bank in Hi.
nos are. to-day, at discount All are
diseased alike. Such an epidemic has not
prevailed for abou. one year. am incli-
ned to think it is periodical, like the yell
low fever in New Orleans.
Again, would ask. is there any cause
for all this9 Will some money fnancier
undertake to inform the business men Of
this city. upon what all this disturbance is
based? Will he explain why tbs, that
/ because two or half dozen Banks in llli-
Rois. fail to redeem their notes as they
ought, there is demanded a shave of 3 to 5
per cent on sll-tLat all, are alike guilty
and agushf Some Of Us would like to
know Just how sick they are, and how far
the disease has progressed, for doctors are
differing in regard to it. 1t may be. that
the one which dies first, will be the first 10
have its debts paid and bills redeemed al
par.
Now I am ons disposed to look at this
matter. as no trAing affair. The Doctor
who should knowingly and wilfully bring
infection into this city, for the purpose o
communicating disease, and enhancing
his business. would soon bs hooted out o.
it. Is it any more reputable to tampe
with, and endeavoring to undermine con-
fidence 10 the currency OF neighboring
State, whose bills constitute one half III,
circulation of trade.
Do the facts justify any such course
Are the bills OF this Stock Banking system
any more entitled to discredit and discount
than they were two months, two week
sgof l deny that they are. Not State
(the bonds Of which are held as securit,
for the redemption of this currency,) /
disposed to join in any plan Of the Soutl
to secede from the Union, and much less +
> reputation. The interest upon ever
bond has been. and will be promptly pai
semi-ansuslly. By reference to the recen
! sales of those State bonds in Wall stree
; New York, it will be seen that under th
: full pressure Of all the virus that could b
: injected into the most easily affected none
mart of this country. they could not be r,
| duced so as to affect in the least. the 81
curity Of these notes.
A leading Stock broker Of that city, as
sured the New York Courier and Enquire
' on last Saturday. that capitalists wei
o ayailing themselves of the low cash va
; ues, and purchasing all they could. Their
4 is every indication that on the fret OF jar
}. usry coming, Missouri, Tennessee an
b Virginia bonds Will command high
= price than at any time the last year.
|, TO close this communication, | feel CO
o nIent in saying, that at the lew price
= which Missouri and Tennessee bonds so
y on the 10Th inst. the security are amp
=. to redeem Illinois currency at par, in go
ar and silver. JUSTlCE.