, 1861-06-06

VIC TCEEIt. 10 sec lI1t 1NC VIII CAV 01Il-
kcrs Of Wisconsin have secured the ger
vices Of the Milwaukee Sentinel 10 assist
them in their effcsts to palm their stump
1ril currcac; u2on The people Of that
State. Journalists, is :. class, all OVER tho
United states, have generally proved a
';tllorn III tlr: 1lcslln Of hcartlcss money
specu],4lt'rs. Such st lest was The case
iu this State, wien VIC were go;ug thrc1gh
Tie same III: i cf q campaign as that noT
II: prospect III Wisconsin; and there is no
i'i-l.e7 t,::y dvyo]vins cn commercial
Journalist than that ci Riding the cola-
1nunit: Il 4 r;:ideless currency
In Ill article il T;1.slay's is=ua 5f :!lc
abcye paprr, VIC ind very ju=.a2l pro:er
estimate of Illinois "zt "2ztInpsail'; lul almost
in thc s:.llc Paragraph, there follows d
l:.uda,;on oi Wisconsin currency. Noy,
whcrti5 &c the two kinds Ct "stau.pt4il"
differ? The stntine. says Wisconsin is
N'T.ll IN IN avtE::c 50: on the dollar;
hui e. li,c Gvet:sc Of Illinois stun,ptail, i.
vss wtrth Sec, an1 The last II bank.
tlrr.yn overheard we're worth ores 90c Oh
the dollar. and yet it is assumed that
Njscons;E currency is better th;:l1 that Of
Illinois.
4 few days since VIC published The value
Of the current Wisconsin banks, according
t. the prise Of stocks on the 20lI Of
la-t month; and VIC havc before us the
statement Of the State Comptroller, with
tic valuation of tic sa1nc banks made
eight d.ys later. In the two statements
tlcrr is 10 material difference Il large
proportion Of The bills range from IS IL,
15c, ard the balance between that aud par :;
Lui it must be borne i'll ,aind that the bali
kcrs OF Wisconsin have followed The cx-
ample scl tlcn il this Stale, of asserting
the housekeeping the best and paying
out the pocrcst-so tina: the currency i'll
circulation docs moi probably average over
z0c on the ,lnllar.
With regard to Tie security OF the :wo
kinds cf ''stumrtail," Illinois has clearly
the advantage. The Wisconsin, according
to the CamWroller'a report is secured as
follows
Slave Statc Bonds. ,77saa 11tu.
OF lhc Si;tyc State Bonds S1.GS1, ,7G0 arc
those Of seeded States, and $1,079o0o Of
Missouri. Compare this with the Illinois
"siumr,ail'' recently thrown on, by lhe
public. Il was secured MS 1oliows:-
Free Stale 1snIds. $$a.9s3 59s.
ollft o1-&E DulQ3- .f-ii:Jo,thA1.
Eut ii tho l:t.cr, there were only $685.
SEQ based On thc M'nds Of secc.lcd States,
Willie the Wisconsin list las nearly double
that Kind ol security on circulation OF
o:,ly shout four millions.
Comment IN the, above Is unnecessary.
il Is evident that the trash which tic Wis
cotslil IaIScrs arc attempting to sct into
the potkt.s OF the farmers is even more
WORTHLESS than that of this State, NOW All
ar1iclc Of merchandise. But, aside from
the question ofsecurities, there is the great
fact staring everybody in the eyes, that
they arc irrcdccmablc The notes are drawn
-"1 promise to pay,'' but they never pre-
tended 10, never did, and never will pay.
They arc therefore willtu1 fraud-caca
single bill being lie on its face, Is it
strange, therefore, when We learn Tint the
people On the Mississippi river refuse to
sell their grain Tor anything but gold or
Iowa and Indiana currency! It wosld be
strange indeed if it we're otherwise Our
friends in Wisconsin will assuredly find
that no combination Of bankers, assisted
even by the Milwaukee Sentinel can foist
upon the people inconvertiblc promises for
money. Gain is sold for gold, or its
equivalent, at the seaboard, and the farmers
ought not to sell bushel Of their wheat,
ecrn, and other products, for anything dill.
1ercnt. Ii they do, they will most assured
y be yictim;zcd.