The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1861-04-13

es VIZ = Two assIe '.ag,4 47I 1 %
s@,ad - One month, oi. B.,a 9 50
sa.z asii TS,s." To .'.,eq.,b sSS SS
- a,sai M "a is.ssa.i S@
zOne year, lS %
:" .sdtsuaI Square halfthe absve price. e-;{
s--
ear Curency TrsubAes. aan AtaaY
-. a.. i, no end 70 eur troubles in currency
The Illinois Banks have / ways q
,s.s every now and then. The lpp paper Z OF 4 .
Or two are throwa oat.and, giving about
-tt ,bs people who hold the paper to &c,
-,o,,.bly shaved, up comes ! part OF the
4. q them, and out their ,notes are showed
:, a. sood, again to die in the hands of the
~, sor the. benefit Of bank borrowers, bank.
,ns brokers'. As there IS no, provision foit
!. ,,d.np.ien Of this currency (6fty thousand
M. IN specie in lO4 Banks TO redeem six.
.0Aeoin bills) and no adequate provision for
..diue them up, they 60 right along making 4
- Of breaking. Their notes are put into
..,,aoa At par. The State Stocks deposited
.s.iosseld fall 10 per cent. and down 70 the
IN. n, per cent. In the hands Of the people
!. AHis squslto 2oior rs per cent. The notes
..n,hcred up at this shave and the same pro.
- russted. !, ,ad lihitum. When tho stocks rise
.,,hs, The banker is allowed under the Law, to
,,,s,,e his circulation correepondingly. '1-oi
n. veeslisr beauty Of this system Of bank.
:, i When stocks fall, the loss comes out of
a. note holders--the people. When they ap!
n,eci.a he advance goes, into the pockets Of
q. bsnssra Heads l win-tails you losel-
These Illinois Bankers have 6rst the interes 1t
a. ,is State Stocks deposited; second, the
sr.s on their notes loaned out; and, third,
a.rv profits arising from shaving their own
~ Jat as often IS their securities become in.
| sstat ~ ~ 'g- - ..
Bis abominable currency which never should
~ been paid over the counter Of any respec-
fsbank, has been almost our only circulating
pkm in Iowa. Our Banks, which are bound
.sr charters tn pay out only the notes Of
81 paying 5dnAs, havc dealt almost exclusive
| ID his stuff. The State Bank OF Iowa, throo
|lu branches, has thus forfeited its charter, az
believe, and brought down upon itself the
4 cnsare of the people, These are matters
|sa cone home to the business of every man.
i vs have had no protection from the quarter
vhsr vbad legal right to look for it--as our
owl lsnks have and will probably continue 70
raia their charters in paying out Illinois and
Wisconsin currency which never was at any
ass convertible, We see no remedy except in an
ry.sl to the sovereign people individually.
sn, take another dollar Of Illinois or Wiscon.
IN carrency under any circumstances. Follow
ls coarse unanchingly and you will soon have
something better. ..
Post Office Appointments. ~.''
Mfrequently see in our exchanges, that the
isra Delegation" recommended that this or
int man be appointed to this or that Office in
tsssate. Justice to all parties requires us TO
a,, as we are authorized to do by Senator
Crimes, who has just returned from Washing
w. bat by a rule Of Postmaster-G General Blair,
Representatives in Congress have the right
shdicate who shall be Postmasters within their
speetivs Districts, except at Capitals of States
Cd in towns where Senators reside. ra sa-Ft
This rule, when known, will save vast deal
hbor that is now expended in writing letters
gentlemen who have no more to do with the
Seintment of Postmasters than we have.
HThe difficulties which surrounded Mr.
lscn on his accession, remind us of an Incl.
tasshich occurred some few years ago. We
asndDg on the top of stage coach, the dri-.
md which had imbibed too freely, and was
sv.as to hold in his four horses, fresh as well
Assts could be on fine frosty day. For
o hour We had been bowling pleasantly along
hhe piece Of table land which ended all at
ace in an abrupt descent. Over the crown of
Il hill the horses went with unchecked speed
attained a frightful velocity, and the coach
'ung to and fro threatening every instant to
IN over. Not far ahead was sharp turn, the
iside Of which was steep bank at least fifty
Vt deep and covered with loose stones. Over
sve were bound to 90 by the force of
: oscillations If nothing else. As we neared
iae guard ian old whip crept over the roof
uu be snatched at the reins, the drunken dri-
a iung them flying abroad. With the whip
Ehsy were carefully recovered, knotted around
tie stuug arm, and slow but unrelaxirg check
put upon the wild but somewhat frightened
bti''s Our speed slackened, our vibrations
'sa less frightful, aud as We reached the dread
spo;, sufficient power had been gained to
'tds US round'in safety.
% when Mr.. L. entered Office, instead Of pla-
ing bis hand,upon the reins of government, all
'n and firm as they should have been, they
rH scattered by his impotent predecessor and
wgthing portended disaster. Time was need
ITO alter the direction given to public affairs.
here was treason in the Executive, the army
q navy. Public servants could not be trusted
be funds had been wasted or stolen; every de-
sstnent had to be recognized and thousands
trivial claimants to be provided for. 'Tis true
month has passed--that We expected ere this
'cislve measures, and have begun to grow rest
y under the suspense, but during this time the
hadent may have been gathering the reins
u so nerving his arm that his action viii be ef.
sc'ual when taken. Late accounts indicate the
of more vigorous system and
Skfore a Is demanded The public mind is
'dng its first confidence in the government and
hould it now fail us, we shall give it up as no
longer able to excite or justify well grounded
hope Of its ability to save Us from the impend-
lng shane and disaster.
q Untiring vigilance is the tenure upon
Which nations can long enjoy the blessings of
aril liberty. This is confirmed BY all history,
ID by the events of our own times. The neces-
ny q exercising this vigilance now by those
no are charged with the safe-keeping Of our
e'a freedom--the yeomanry of our country
must be evident to all. A Republican govern
aeat is an instrument contriyed for the promo.
aoa OF human happiness. But an instrument
IMPLIES an agent and geod instrument loses
" value BY being in bad or incompetent hands.
'a" is there in our judiciary system if our
'ases become corrupt! What is the valuo Of
~ BY jury if juries are composed Of men who
aasgard the sanctions Of an oathp What ID
as right Of speech and opinion, or the freedom
the press, if rpobs are to become legislature,