, 1861-06-29
esTndfanA Stunaptn1I.N

aosaEh' 1ha'' 1uo0 So'n' LOU.
MEssRs EpI1phs: four alsca9 % h ys1s1,aes 3srs.
unae1 Lns appsS SaptvIh,, TOO ~ free
y. ~. - M Ix,itad ~ Ift1a snrnriaa with
~ r. H. rsofnn We ara entirely 81 . loss TO
sccornt TOR auth bitter, malicnant feeling as
Chant terjzes ) our article OF the 25th. II the
etii ed;tess Of The Tn1nUNR Wero brokers, or II |
FIJI .isrcd jfom tl,em a commissIon upon
-, nrCflfe, tho public could thon better t,n~
dersfand the motive and anfmug pes7a1fpg
1esfcrday'e article Of your paper, but in tue
nbeence Of any motive other than that OF
faithful public Journal at, your article Is en-
tirely y itnous me Ut derttalding Of the many
tton Of Indiana: lou take advantage OF tue
popular prtjuIicc created " the 1alluro ottae
1rt banks q LIMOS ana Wisconsin, to MAKE
an fldlsc1lmlnhle ons'nusnt upon au banks
that nave ln t t,s siochs ;o as IN earnest1oF
the rcdenptlon o. tAelr Issues.
Because stylea ires eanks, you arc furioasly
down upon 'hem "lnont stopping to Inquire
anything laltner, 1egaIoless OF now such
banks are cGnaucsSo, .'.a H.7, now eng tney na1e
maln'alneu to,Ia ~ paos'e soadugnce, 9l low
nSs atG ,.1 10 +h-oS.r n-a t;,es, ~,
Suse 5nas n nna resDect on1y ara t5a Tntii,mH, ~
ta n iHe THe tha f,1ino'a h,nns M na1ne3u 1na tna
!ies pSnAs ';c Inv s "t1 fnr 3ha srG ~
IIessG =. puD'Iff T. ererv nthrr n,T.;cni,r tIcx ~
'nen Is1u aisnso' nn- frss hsnEs ara nwnei III ~
ats unl,k1 t;.h o,J"o+a nffba etafo and IN 1e,ri7
gcea ~ LIZ" the owncrs are resIenta
eoe, H. ara tnwus whers - .,;n.. nc
! Inc E0cEhoide1e afP persons OF cnafAcses
ard wealth, and hare as tait snare Of capltat
| employed IN their panhln5 IN proportion 70
the amount Of their fesues Gs any banks III tbs
West; The etockholders are by az lnaiyidu. 10:
ally liable over and beyond their State SOCKS
for The redemption of fhcissues ofthelr banks.
| All our free banks Whose bills are noW Ii cir
tu1atlun, have from the first paid coin or ex-
change 1T thtir counters for their circulation,
| and are NOW, as evcr, redeemi1g their bills.
They have been frcm the first and are
| noW doing q regular banking business. In
addition to tie redemption Of their b:lls, they
| rel exchange and make advances on Produce
| shiF1,e1-in short meet promptly and freely
a1l ihe requirements Of business and COM
merce, What more than this does auy b2uk
dc? What mole can any bank do: What
more does the Bank Of the State do, whose
eolvency and character you have very justly
tsken OCCASION to commend to the confidence
of the people Of Illinois. wish to say moth.
ing in djeparagsmcnt Of the Bauk Of the State.
Il is worthy uf the confidence Of the public
everywhere, but the people Of Illinois and the
[sWest ought to understand that that b1nk
is not the only bank worthy Of credit. Why
does the Bank Of the State deserve and share
snch confidence in the prbllc minas Ger
tainly not because It's bills are secured in anr
way, for they are rot; certainly not because
fhs State of Indiana has any share
Of it's etcck, OF is in the least
ia auy way rcs,Jcns;ble for the circulation of
its ;ssnes. for there is not dollar of stocks or
| other nrcnertv nledeed for such purpose. nor
| hos the State inc lest or re1notest interest in
that insfitui;uf: 'Eertain1y not hecausa the
efnr5ho1lers art individually liable for the re-
demption Of its issues, for s1ich il not pretend.
ed, Tie Bank Of tie State has aud deserves
the confidence Of the public, simply and only