Holmes County farmer. [volume] (Millersburg, Ohio) 1857-1926, 1862-01-23

/ lIHP INC wal / nc IlOhlhlOus Dl lutr
law were wise and bcnofcicnt, aud have
prevented much distress and suffering.
/ The charters Of the several Banks Of
the State create by the Act Of I'cbru-
arg "a, 1915, will expire on the lst Of
May, 1866. in view Of the very cx.cns-
i've interests involved in any sudden
change Of the monetary system Of our
State, it would be wise, that the future
policy of the State, on the subject Of
/ banking, be early made known under
ordinary circumstances, therefore,
would invite your attention to this sub
iect, at this time. Iou are, however, a.
ware that the Secretary OF the United
States Treasury has recommended Il
measure which, if adopted will have a
more important bearing upon the subject;
hence, ! deem it advisable, for the pres
ent al least to abstain from interfering
with the matter. Should Congress dis
pose oftho subject at an oarlyday, | may
deem it my duty to send youa special
communication during your present ses-
sion.
1t may be advisable at this time, how
ever to consider the propriety Of prompt
!y relieving the banks from their dl'aoiI-
tions that do not redeem their issues, on
on demand, in specie. 1t is known that
the demand notes Of the General Govern
mont, as also the notes Of nearly all the
banking institutions oil our sister States
are Mt now redeemed IN com on oe-
mand hence our banks arc unao!e TO
receive IN payment OF u'O'a quo 'He!u' or
on deposit any q thI3 vast description
OF currency l2r' not 0elhS permitted 10
pay 1t out, OF course they cannot receive
1t safely. ms condltioh OF thih8a must
necessarily aliect INC cTenlt ana clrcUla-
tlon OF the issues OF the Federal treasury
and greatly cripplel II III oO'aih'h$ means
to prosecute the war UFeat as 'I.e evil
o' 'o''' a''!5 ~ law ','' 'oi,,loI :, y. ,V'I
pay 'eu'' ~ - Go5'V' o,i ~ - 'r'u,V :, .;"n ~
en' o"i' "S' '.o "a, " oNs ''''''I'' - W
'"IT'''o ~. "'I'"' i ,hSs,n,'n, . aon,anl
uo'''o"' '",o' '',,, an,i'.,;ao .Ia aa,oa.i
,1I ,."I W. ;,t,,,ioaaaf tLo statoto nl,,r
."'iN'nS '''o't''.i'G',' '''' ,
III P@9 ,o"' - t'Ii' H., ','. at,s or ,ba ToIar
5 'gu 10, p"y ,,,,' n,,ii" ,y I', on " domoni m
"' ~ &. Ill. ,,.},o,,,. ,,.; /,
nc 9'In'' y, ',n' 'Go", .;m,a "o I i;io a L
" "o',' ,sii 'i'' 'i',' no. ao,n,i,in La :. ~
esI'.,' I '''o"'. s, f 49, &c, Cr"oanaan. ., r.a
,oit" W. ~ 5,o,1, ,,,o4oot;a,, f,,. Iii. ,on
Ni,'''' i'I a-,,. ,'o','',,l',' " ''''
'0I .''' ,..1.,1 l.. I'll L,.
II - ~ - ' ~
;n' ,.;'.a D"nN'"o hano hooN u,anogol ma With
III IN vAIs'gHve' @ nv "a, GsI Hnar"e or1;inr
s:,'' N.. anu l',''S S.t ~ m.'' l2nL1,, oon,
"'i'S ~ o"' o,It ia ''t, tI,,c,a7 -
.iiei.'.'Oio - o'ti" . ,i;,on ~
o.o"9 T. n,oI.o ;n,nranorrso nT tho W.,
r''g,'Ps ~ W ',""Y o,Id1 a,i Lnt 10 tho isl
} aa,t ,'~, ' Nv 1;ttIn uo ,nr,+ ri.l. cyeyaIljog
IVA. -. '.''"' ,,t " J,m', tba nmLoIv ,oLoi.
ii:I' i:o,.''"'' ~ fN'
nm n,,, ,,,,. .o;I.no. .roo,s,,ros or eliza
,,na,is;o"n ,io o",'>1 Of +" tIa law rocommondoj
H., I,i5 i5'I"' ',,;n,J - f,wisL 4Lo Stoto
n'",~ ronorto1 ~ - thoir conitol rosnoctivitv
~ p'oV' cl C,o,' ~ nooso" ''',' w adt tLo i
,. WV" p"' a,,, l""'' IonJoj JoI+ 'N
, 49, va or aS;at ,,,.o.,o,;t,. owl
.-G,o lI"'3 r'3 fl" I",.' 1ia, i.o Lcr, IaI
v',",3 ,s araS5 inoIiv 20 JisrnooTd ibo sare nav.
10 p'Iv''o"a! 'T ,"aco ,,ronor6 , Pa, ror r,ar"
lot Ihr ovncricncn Of tho mast war in.
Wv la Taoi,, ~ III +i,aos 80 ..n;,,
a"tI ~ I,o o' inJ,, onr roEoii;on witLir anI
nromntly ~ 'n reroI onv INVASION from abroad
Gnah tmr99naro,;an .9 w;Il ho On ovor nra.ont
''"~'' l'Nl w." -