The Goodhue volunteer. [volume] (Red Wing, Goodhue County, Minn.) 1861-1864, 1862-10-15
Wisfellanepns Bsnaino.
A Word TO Farmers.

Something over year since, we took oc
casion to call the attention Of our farmers
to the worthless pictures on light paper,
they were taking as money for their golden
grain, and Of course were laughed for our
pains but a few days changed the laugh TO
the other side Of the face. The worthless
wild cat institutions of Illinois began to
topple and fall, and were soon involved in
one common ruin. You were told you must
take them or there would be no money in
circulation, and business would come to a
dead stand ; but after while you made up
your mind that man was just as we'll of
without any money in his pocket, as with
a pocket full Of pictures that are worthless,
and you refused taking it. Was business
suspended, or was money less plenty?-
BY no means. Gold and par currency i,n-
mcdiately took the place Of the worthless
trash you had been obtaining for your
wheat. Now your golden grain is again in
good demand, and you are rushing thous
ands of bushels OF it to market daily but
are you getting now such currency or money
aa you ought to get? Do you, when you
take your wheat, (Which is better quality
this year than last, to market, get "a better
currency than YOU did then? Do you get
,ha gold or legal Treasury notes for your
wheat? When you 60 to Hastings, St
Paul, or any other market with it, what
sort Of money do you get for it? Do you
set the gold or q currency that commands
the gold at the counter Of the banks that
issue it, or do you get Treasury notes chat
will pay duties ON imports at the custom
house? ~ '0'-'
The average price Of gold in New York
for the month of September was not less
than 1875 per cent. premium. and Of de-
rnand Treasury Notes, l6 per cent. pre-.
MUM. On the 3o:h OF that month gold was
23}>zz to "a per cent. premium and $780,
ooo.was sold on that day by single firm in
New York, II those rates. On the 3Oth
gold was 23Tb premium that IS, il would
have taken, on that day, $l2sT. o.. .,he .besl
eastern currency to buy SlO0 in gold, and
SHE Of the same currency to buy $loo ol
demand Treasury Notes, and tile average
for the month would be- not less than 8 1l8,.
50 in the best currency for 800 in gold. or
SllSs OF the sssus carreacy for HOO in de-
mand Treasury Notes. The plain English
of thisis that the best bank currency we
hare in circulation Is from 1s q 81 per cent
discount At the bank counted over which il
is paid out and it IL question which every
farmer should decide tor himself whether he
viii sell his produce and take il exchange
The promises to pay ysof, some banking iassi-
tuition whose lseses ae the .plscs of issue -.zs
somuch below par. ss -. l.sss sasf5as
We have no desire to get up d Indian, I
money, or any other panic. nor hare we any
private piqne o crafty, but the sisns Of the
times u clearly Indicate : ce.sh anoog the
eastern banks nov. = sthsy did azsae Hi
nois md Wsconsia hAahs s1Aeea noasAs
ago; ana - don't u~iiaA % bc d<r.lst ii
oar dnsy - she psops aov lnorv ,haa
then. Then, when thsasaalls 81 dsllAlD sof
their eur,sacy vas sAoysdoff 70 Minnesota
to buy whsat aua passsi OF haES stlpar. i
wss Fon ,avs - twelve pr esak disssaat1
9. home, Or $ they called i then. soA and
I f a6S s9s
eastern currency veIs q ! pas.niinlA q 81
nneh Nov, whils IL Goy<rn1entn y N
ha1sing millions q sp,d aad TraaEy Eoass|
daily. even lnaaiag haasyT dass1saks Fl
An1ssuta, nssAi hsswsassue - -