, 1860-12-25

AuI1t1ls @fo~4~- 1
inY.: ....... 3ss,6.0.Oo 41G,s39.s
Circulation. Loans discts
illinois. 'Sl0'SSa oS. ~
Iowa. -.-...s--. ..s-.-". ec-'f''0 'SAo'f~o |
Dtposits. |
Icwa ..... ...........-.....-..... 9G6,t5s6
In the Iowa banks tho specie, the loans and dir
cour.=. and all the other items usually found IN
psuE sta.ements. arc proportionaly distributed |
a,aoos the .hiret1, branches comprising the State
bank Low is it In 1ttnoiss OF the 81 banks. only
II hav .p- loana and dfacounts iii. aud 1he en-.
::,c co1s 1ccE not furnish onethtrd the anouuto VI
thc accommodation Of the 3Iowa banks. The Iowa |
Ians= t.ye near;y twice much coin ms those of Ill
inc.- .;a,e twenty-five Of the latter did not report
sr-:c -c:,'' aoa fc7y-7!x have either nothing OF
:: Eerc naaiusi frra-1ets than thousand tlolafn.
via .1rcuia.ioo Of nearly ten millions. the 1lli-
uo:- La<i:s .a-c linz II discounts Of lt.e than
fcu. hundred tAor,sand dollars, while thc tlesen
1:ya l.:.nEs. Nth circulation Of $sso{fn. have
ateo.au.atd .!eis Customer to the extent of over
.-1,::,a. E::i:t Is cc,, II Il! not be slo'C IL RE
lie ...re1ce :usxccn ;is I'D the Illinois e;Stctn
G. !. ~ Tae com ,,arsoa vii! be mitch the
WIFE ior IL. hanks wht, it 's remembered how
7scen ~ Ior,a tanks were established :pd how
s;ia oavs ~. the r:svarCt= Of the older and tht
-:tari Slate Of 1l.fEGis.
Tsac il la1y lie said that tnf bills arc saftr. and
,eace are hcs!er. Indeed: The bills are enic TO-
d,y aud "ood ;or gold and exchange at ~ CENT Oh
.ae flai!s-. Tic lows bills are good for gold when
-.c.eu.ci. Look nbore at tho card Of F. 6. Adams.
ls:,. all you VIII zee Iowa money quoted at per
o:Ei :>7ci11nn. GET own currency being IN" eeano-
AZ. liza, Is burning disgrace 10 the Illinois
t1.1s. II II :yere not safe would tle Chicago
rsn,:e,s E,lr II nj a premium ever our {" well
c4fsd cuf.ri1cy:'' The merchants and dealers Of
tic civ arc losing ten Of thousands Of dol1srs
oo. ow.. currency every week on the price Of ex-
rhauce-
Win thi4 example before us, let us examine the
.a,,,er u,t1a more closely. Suppose las, July va
lad no currency and f,y OF the stche.t and IN al
,ctn-t.s t.e br+. men fl the state had been char
.eves =, establish . State bank With branches In
-irc;a1 cit}es pcrhsps two being sseig.,ed Il,
s..froro Snu:osc tl,at tl1ey undertook to ..t out
tnr millions If circulation accordiup TO our @ys-
,c.n .hrv must take ninc millions of coiu or ite
.,ni-s,cnt tn S,,w y,s and fnvcst It In kinds To
r1a,e IN ,,,c n,nds nj III, Antor and III fuct tlry
-nu:, ,,,v,. ao,, CAo more f,r they must nut I'm u
m.r,,r nj I'm "a cent. Sow xl,at have We .ot ::
r. t., millions in ya,ue of 1.,,d. nom.
:n,1x ot,n, ,,v.ye u,;,ona anil nine millions IL,
,,,,o,cv Ne cn1t !, r,,ucr. lint rh. fart IL ,ye
80 &, ,f condition .,r a ccrta5n indlyfduaj-..t the
too, md Ills money arc soou partcd''-foy we lmve
,1charor7 onr ,noner for hank rat,s, and made
1heir ya,rr md ,,cncc the va;ne of our own rr,.
na,,v ;.n,hu1, for thc 1o,d sharks of Yall street
!. -,o~ H., .,,d ,,,. h,uds r,s+ rs ro+h,,r Gor In
,o., ,hcv ,r,.rc ,o,ncd IN ,-et mt n c3scnla
.3,, o ,nrc, .bo ,o,s, f,r if +hc ..tanlers'., q,
vim nom,naI,x mr.. t,r,n dt8 not nav for 1he
on,. mo ,oo, n,rc ,,,,d for the h5,,s a. tr rat.
~ M, ,r,-oa rsn,s ~, .ba dollar 1r ,rhrat rorr
a,a [,,,o- ,,-ndrc,s
st,,r ann,osc TINT vm II t,rdeu w.,ter 1.
xc,rherrv W, II proa.n uucb T. n{ekcv. ]. y
c,snn,,,nu 4 .rucrer r n. Willard 7 II Rnrrb
= .s.,ns c.-v.- n. rostar u y.1
,,,,n. :; ,1nnn,u r r sherman + II Turner
r ,3.;,as r n 1,,da,.s u.,1,cr 9 t:nrn.. 7,
= ~ ,,sa,, H. r,.sos :, n ws,.fo wJlr.r
1.... cae So, 60 .v.,so,, 1ora,,s ,,,.arha,
: n Cotb 1oh,,,hon Rnvr IL &; Jnon{r Van
nir.ins. Gro. Mapicrre. or MI equal number Of on
ci,Izepf, selected r,r their wealth, integrity au
financial ekill, with perhaps half = do.cn men /
The principal cities 0! the Stato such as Judg
Dnxis of H1,omtnrfou J. Dt1nn j. Williams an
IT., ,.r.,ar ~ cn,,,,aa,d Car yccud ,r t,nt,r,
"ln. nut4e1 o' Sp'a'eae'o' "o'. "oUa ~ Ro'1e1
-o,ed m establish A State R.nk az Illinois /. III
" - ,, - =.
chae1es 10 contafn the Dcst pEosltaone u u
Ohio, 1ndIarn and Iowa laws, does any man, In b
-'ss"Ff0eS NN-'~ -. N,, -'e N 80, - ~
ns! AZ ABOVE supposed taey "ouio mol 'teac An
maintain sound 1edeemsble currency. Does IN
h,ar ,,,,,r. ~, tr,n.b.. II, h.1no h.,a ,o.,~or.
as 49, .4A.0 80 0s-'s 1s -,
ec1or TIC &ssnea 0f each othef, taa1 the pls ~ool
not be safc: The State Banks Of Ohio and Indian
h,vc xsc,. ,.-ouch all III. hard .fn,cs ~ u
49,. 80 ,.,,. s,,oA -, -. .r. 49,. ,,,,oa a.. /,