New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-11-19
yean indicated
1860. 1861.
The leading article Of Hallcit & Co.'s eircu
IN II rcceui Govemmen' loans

Tie fturc oftlc w,et h' beer the can. b. ~. s,ce'sy
Chse, for ti.tvl@H in snuI patton OF 10 le or alohs
rot be raised inoat Tue pro calling "a OF oaus - nearly
he % ius aneons sul excessive. rhe pc-s 1t
tine stock - berg. uud'Iaou. ven heavy decline TIE
20 that ioT DDS o. ito the nafset pctsufri
ell Tire ic.1ie OF scs, nc Fce' have since largely
recovered and there b. really want % money may
80 s.gof.as. though Temporary rally.
This ut Oh" necrtar, Of tho Treasury IN kss?
irs with biz policy from the tnL Ne hsvo head ono
opinion cEpresfed u reference 20 A. aud that Is Of universal
coad' mnstion Thor, can Be po.s alo'oy Tor sPfns
lp wiihout lie oil ht.st notice d. one day lie nay have
.ood to ,ho mode adopted b. miirz size recent ca l way
over la Wal .set bY a In. his bscd hand. upon old the
-eady money within reach II would certainly We relryed
I'D money f'Fs d'y two. Psihaps he took fh-
tLi, be- did by way Of fa'ag the power Of the
necessity dictated II 90 te pFpptness wh Which he c
responded 70 mos have beco most Tai9ius 20 L Of.
result was uo injurious g. the public a'wc r, 70 the best
interest. Of the Government
Of the Potomac. Tie uecesiiics ot thi amy well
known TO him thee 9n'i' arl - yesterday Nh, le wa,
problem. e has stl $4,000 600 tLclesbout Of Demand
Notes stl un.usd. ha could a.uy have tlucd
be made 10 the same kind locs. Il be- ID not wish g..
he number tf1s DO could he.c sccomp bed che
Of Dis 81 ts Instead Cd dons Tie lie burrows for f
neJsie necesse snd thea goes into tho market of n
l
TIE p.yirg Up Of tie second oan he sale o. Oths
viii have though IN mitg1ed degree similar effect 81, The
' a. tn money will come if0m other -onfcsa Nh Chase
nus ~ 49, ~" loans 10 raise one su of noncy-ihn fret la
isecsciy M form 70 do to seac,i possible amount o. harm
harm which entirely .ratutous Tor which there
ue the ess iecesy nor apology and one IN which Go
nrn' gained no adv whatever Tor Ell the l',es
tened by the public u h. hld month algeul,rd hi.
uls Tor SAFE 10 cOud by this duo have had over, cent
I tt'lr vain. 100 tie ifessuj without Icrceqblo chrns
u th. money uafktt
Az such rfo crding. Of which e complain m. greatly t.
20 d'pccsed They render people disinected with the
bJfcuuen necessary conscl OF tho l1sses they
have sus;eiuci They dcaoy confidence IT, officers be-
they grounds fo susl cion they have been
luysd sui ised Dy parties Ia .hcr cnuldrrrs who m
thus n position 10 make vast eraens y antiruat the
fleet a such cspioue action up1n tho Share marset Ne
npue I0tg o. tie Kind bui certainly ia. recent action Of
The head q the Treasury demonsraie most nkingy great
o'il 81 orr system o. hIns i oftant Offices with PEI
wo have no nllca'lu v4 ser ioG hcs stations by pre-
yions experience or hsiins OF the theories n may haze
entertained
Nj. Cha.e went into tie Treasury Department e. hord
money man. surh wa, "a, reputation om As entrance INTO
public he lie as iJs eu exclusive lne'us egiin PAPER
uuslcr u. tuck well 10 hi' c4eod M 10 cau,ed ali the
hanks "a t' country TO tnpend Instead OF drawing upon
lie, for tue loans made hy them n ths ordinary manner
LIN. tho no o. aud opc ng cred' wi tlc. ho drew the
fo iOl every DO a 81 those lOsu Ii su cnsOn 5es.ne
liable iasns erhaua.cd that source. hi next sosno
was the ie o. hu odtchib,c cuutncy - the aIsoun q
boo refi Millions tAob may have been ga gpoloey fc
ts hul uohe Whatever ugon tc sI1und assumed By Nj
tlHf..
n lr.ni.e uat tie i,sucs BY The bank, wero issu,
m'ae 90 l'n J tho pc e. o! which the h,nl mas, ro
coy suIr1 niI That sc oall 'Le I'D b. uide iugs
o. th 00seri eutihc i'.ff si Wing tho ci!rcurf IL
uh eqnonty gtustra The eDuury thst to * HE
p9cy % cuu1c lie faiu o. ihtcfost a.. lut. eh. to
litNc over Tour Ter ccn, forgetting no tho Lti ID
tho depreciation os his notes tAo hands e pablo i,
rgI o. ~ per cent which eato1 th- pencils which thr
bnt age Af C1fs"a srcont acts PIE ude at his
failure policy l. be 10 nsla 10 demand 0es but rely
upon 9ius O. meet tAe expenses oi hs var THIS
important a's'I'a IL ~ W" %em IL ee p'oyaale, 10