, 1861-06-28

Il
MILWAUKEE. Wednesday, June 28-6r.x.
This day opened with more feyerish aud
excited feeling On the streets than yesterday,
traccable to reports brought By good citizens
living On the outskirts Of the German wards,
that loads Of a1med men Ind been passing by
their houses eince early day-break The mil
itaEy had been drawn up in order on Main
street, preparatory to taking their departure,
but their orders were countcr1nanded and
they are still on duty. The artillery tTo
pteces) has been delivered up, BY order Of the
Governor, tot the captain Of the company, who
has given his pledge for It's eafe keeping. Al
though there Is undoubtedly dangerous ele-
ment ready to commit excesscs, If oppor-
tunlty offered, Jet no cool man believes that
any mob, however strong and well orgauiz ID,
will run its head against the strong military
force now here.
Last night there were wild rumorB that
there was Bank riot at Tatcztown, aud that
the Banks there-three in number-were com.
pletely demolished. But I learned BY tele-
graph this morning that the reports were
without foundation, though there WIS some
excitement there, and o run upon the banks
to tome extent by bill.holdera, which was
promptly met with the gold. Some heated in
divicuala, seeing the gold forthcoming, pre-
eented stump-tail and demanded the gold on
TINT, bnt thsF didn't get It. The supcrinten-
dent Of the MatertoWn Road, however, thought
it. safer to- be prepare, and SO, he
took out military company from here
was 80 quiet that they returned this morning.
The banks, save Mtchel's and the State
bank, commenced business this morning, but
confined themselves to receiving deposits and
paving checks, generally refusing to give Ger
tificates or certify checks They are receiving
Is cu7rercy the notes Of the former current
list, save the ten thrown out on Saturday. The
MEETING Of the bankers yesterday YVES attend-
cd by the Governor, and an arrangement vas
perfected, By which the State war loan Will be
taken, and the Southern stocks now on de-
post with the Comptroller as security for the
rcw current banks, will be exchanged for
Wisconsin stocks, their securities thus bring
irg up their Issue 10 par. a strong effort Will
bt: made to bring all the country banks into
this arrangement, and aid from this city, IN
the shape OF leans from banks and business
men, Will be offered them to effect the change.
| This coursc now seems mostHkely to be adop.
| ted, and all banks whose securities are not
sufficient to bring tAelI Issues at paf md 81 +,
cardtd. It is claimed thnt We cannot do With
! ont the currency for business purposes for the
next Biz months, and if the securities are
eound people will again take It. But the sys
| tem has received deep wound from which Il
| will never recover, until not only the securi
ties are made good but the banks are com
PEELED to redeem. fle action Of the wholesai.
merchants yesterday in refusing to take an!
| currency was predicated on the grouni
| Of ignorance as to what might b;
the action Of the banks to-day. The city g
this hour is quiet. About noon consideFa
bic crowd collected in the vicinity Of the La
Cruse passenger depot, bu. they we're na1
1e5y boittcrous, and couple Of military com
panies appearing, they quietly dispersed. Tn
| rumor had gone into the country that all ou
banks had filled, which brought in delega
tions Of farmers who teld warehouse receipt
s.ud certificates Of deposit, but On learning th
and advised everybody else to do SO. This al
ternocn there were large crowds IN Chestnu
street, and meetlnge eKtemporszed IN ever
beer hall to do nobody knew what. The
spent their time mainly In drinking lagel
taking very loudly and appointing commit
which took @ny particular action.
The unfortunate shooting Of young Langle
this afternoon GAUGES mach regret. The d
ceased WIS sailor Oh board the small echoo1
ei Eye1yD, and leaves au only sister resldin
nj Racine. The shooting was purely aecidsl
|
mcsket Was discharged, IL much affected thsrt
at, aud Ills ncquaiptlnccs, Of whom he III
many, feel deeply for h'm.
THURSDAY, jane s7-1e Il.
Tho city remained very quiet LAST night. A
caowls in the upp.r wards had dispersed .
Eark, md ttat part of the cltywas % quiet :
any cthcr. 4 portion Of the military q,
making preparations fer leaving.
Another sad accident occurred early til
morning, while portion Of the military we,
brcakfasting at the Kewhall house. They ha
stacked their guns in the streets, part Of the
being rifle, when enc Of the stacks cammeuct
slipping down. One OF the soldiers caug
hold Of them to prevent IT, when By sou
means one ct them wss discharged, the bz
/ entering the soldiers breast,* causing fnsta
death. Bis name was ". z. Reed, aud be t
: Iopged to The sheboygan County Vo!nntee;
, 9Th Regiment, Col. PANE, at Racine. His re-
dence vas st Lyndon, Sheboygan county. :.
The banks, together With some Of the cit
zens, have made up handsome purses OF go
for the Zouayes and Montgomery Guards,
home companies, who we're SO ettectiTe
: qncliing the riots en- Monday. They well
an reliably informed this morning that t
! arrangement to substitute Wisconsin Sta
q Stocks Tor the Southern Stocks now on depo
q with the Comptroller, Will certainly sucset
The banks have agreed to take $500, 600 Of t
0 S,ate war loan at Par, which is ali that will
Issued at prcsent- Some eight Or ten ban
| have already sIGnihed their willingness
It make the exchange, while others are maxi
c their securities good without reference to
e observe that the ;Se.uin<l of this morn!1
n | takes tssne with your correspondent: in ref
r. ence to his statements OF certain facts Ct
- nected with the occurrences on Monday. !
me reiternta substantially what I said th
Wien the Zouazes arrived at the La Gre
|" Rcurd House on Nondsy night. they foa
Eoplc Of the yandals there with property
their Eards, and Indications Of what they
I'd signed TO do with 1t were plainly yisable. Z
81 me property had to be guarded again
T. Tuesday night And as 10 the refusal OF
ss Wholesale merchants to take the currency
n Monday. let me cay that eight or ten Of th
Il. personally informed me tnat they we're
~ taking IT, and business men telesraphed
IL country, to refuse I'll Wisconsin curTer
1e | uItil further advised. In one instance l r
IN s; n*l!y saw tender Of currency IN payu
d, for goods. refused, acconEaoed with sue
te | mark that the goods would be shipped,
that they did not wish to receive pay IN
r. the circumstances existing that day. A.
=. general thing, however, have no doubt
ia ikat their refusal was more as matter
IN st1EprS:ec :ection than from q desire to rcpud
the currency entirely.
I, Your information conveyed in this M
- i1g's TRIBUNE, with II ference to the e1cea
n, eoes great irj Justice to the intention Of th
NJ. Who hare the matter in hand The Wise
sion stocks are not to be used ns basis
~ itEning additional circulation BY the ba:
nd but only for the purpose Of making the s:
10, ! rites Of the present circulation worth
~ either by withdrawing Southern stocks
80 substituting Wisconsin stocks, OF by aoc
so TIC latte. to the securities already on dcpc
Oh as the bankers mny elect And let me- ass
do you ttut the Comptroller will under no
cum6tances whatever allow any bank to Il
'el additional circulation unless Its securi
al rake its bills worth par. No such prop
t,on as your informant mentioned wls {
ho considered Al qniet to .day.
-. The Alleged Kentucky Comprom
n1 lFrom tee Cincinnati Commercial 2s1
Ps' Our readers have perused the lette'
his Gen. Buckner Of the Kentucky State Gu
Ich to Gov. Ma2of1in, setting forth the term
~ an arrangement said to have been ent
Inv into on the Sth Inst, between Gea- Bncs
s." representing Kentucky, and Major,Gen
| he Tfnifpd 81