The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1863-10-17

pie are devoutly grateful-more and more
daily-that our worthy Chief Magistrate so
thoughtfully and so promptly sought the
aid of such rare administrative, judicial,
and financial talent. And although SecFe-
tarv Chase has not yet finished the stupen-
dous work committed to his hands, nor yet
done all that will be required of him In our
glorious struggle for LIBERTY, nor yet seen
even resting-place for body or brain. we
are nevertheless constrained to say, ''well
done" and to tell him through these col
umns, that loyal people will not forget the
unparalleled efforts he has so nobly and SO
successfully put forth to give us the power
the financial strength-so much needed
in bringing our great struggle to final
victory.
We desire in this place 10 speak of what
in future-will be called the browning
act of the administration Of our worthy
ture; for noaO the people cannot or do not
begin to estimate the results or the benefits
of his pure currency banking system.
Enough, however, is already known to give
it great popularity, and to inspire the belief
that it will, at no distant day, prevail in all
parts of the country. We have been shaved,
cheated. and robbed long enough. Millions
upon millions of dollars have been lost, an
nualIy. by miserably poor or an entirely
worthless currency. Some Of our States
have legislated from year to year fo- the
protection of the public, and have done
much to guard their interests. On the
whole, we are in greatly improved condi-
ton, still we have no currency except our
national currency which is entirely satisfac-
tory, or which answers all the purposes of
business. This is universally admitted by
capitalists, bankers, and men of all parties
We were greatly pleased during recent
journey to fnd-in paying bills and receiv-
ing change-that everybody said, either at
hotel or railroad office, 'Give US green
backs" A good city bank bill of Phila-
delphia, Baltimore. or Washington. was in
stantly rejected. Loyal men and Copper
heads all agree on this question of the
pocket.
The plan suggested by Secretary Chase,
ard adopted by Congress, to give the coun-
try a uniform currency, is so we'll under
stood that we need not now refer to it in
detail. Already numerous banks, under
this law, are being organized in every di-
rection, and very shortly we shall begin to
appreciate their benefits. We have seen
drawings and proof-sheets of the new cur
rency, and are happy to say that, as speci-
mems of artistic skill and beauty, we have
never seen them surpassed, if equaled.
We will mention few of the reasons
why the people generally will demand the
prompt adoption of the system of Secreta
ry Chase, and why every locality OF much
importance will soon have a National
Bank
1st. 1t will give to the people uniform
currency-as it is designed, in furnishing
banks, TO have the bills Of each denomina-
ton exactly alike.
3D. The engraving and entire workman
ship of the bill will be in the very highest
style Of art, and consequently the business
of counterfeiting will be, practically. ended.
3D. Every bill issued by every bank-no
matter where located-will command the
entire confidence of the community from
one end of the nation to the other, and pass
current at all times, without question.
18th. Each bank will have, as a basis for
its circulation and as unquestionable pro-
lection to the public, precisely the same Sc
curity-viz: Government stocks.
5'h. The faith of the whole nation-not
of single State-wili be pledged for the
redemption of such circulation, aud there
fore it would be preferred and sought after
in all business circles.
9th. Such a currency would be used as a
medium of exchange from the Atlantic to
the Pacific, and would save the country
millions of dollars annually now paid to
brokers and shavers.
7th. No jealousy or opposition would or
could exist among the banks, in panic, on
account of their relative solvency or safety.
A small institution in Kansas would hold
up its head as high as the proudest corpor-
alton in the city of New York.
8th One of the strongest arguments in
favor of the National Banking system. is
the great strength it will give to the Gov
eminent, by creating in all quarters. city
and country. demand for United States
securities a permanent market
for at least two CT three hundred millions.
9th. All these National Banks, when es
tablished, may safely be used as Govern.
ment repositories under the Internal Reve-
nue. law; and also, where there is no Sub
Treasury, for the safe keeping of custom
house receipts, postage money, etc.-N 7
Independent.
Protestant CHURCHES IN PARIS. = A
Paris letter of the Providence (R. /. Jour