, 1864-07-19


ceiytd from j. Il. Walsh handsome svo yolcne Of
500 pages, entitled "A Manual the us3 OF No.artss
FntHc and Bankers" It comprises a summary o:
he law Of ellis Of exchange and of promttcory notes.
Loth IN Europe sud the United S.atas, checfs on
bankeEe, tight bis approved forms Of refar.
encts TO important ! gal de1-Iou., &c. Tbs work
IA been r1cpnre. By bernard lsoelles. mercbrr Of
The New IeTk biz. 1t also has numerous additions 20
ihs ed!tton, By J. Smith uom 81, editor Of the New
Atfk bEnEeFs MagazluG. We should Fay ibis was a
work Of great use not only n1.A1les uad bant-ssa
hut to tho whole commercial commpniry who al in
peGtt1ab.e Instruments. For sale b. J. r Walsh.
NATIONAL nANKs oF TIE Ua1rEp srArEs.-The
Bankers Magazine OF Naw York. has lust published
il handslme and substantial psnphe: shate the
..Act to provide National Currency, secured by n
pledge OF United States Bonds. sad ptovi .e for the
ejaculation nnd redemption thereof," approved June
g. 1854. To which ls eynepsis OF each secton or tha
law, sn alphabetical index. and lst OF t;sttons1
Banks In operation In jnne 1851 with the names of
the otactfs, capital ttock. &c. Alternating With
each printed leaf Is blank 1eaf Of writing p3per af
torlILg emrlb rom for noting aay change or adoI
ton that MAY be made to the law or the banks This
is a volume that every banker should possess. For
sale By J. r. Walsh.
HE. FEssEEDKN AND TIE NEW YorK BAEEERs
"A indicated In our dispatch from Washington, pub
1iEhed this mota1n9 A1. Feeaenden has declined to
reeotik,e loan with tho New York bankers on the
chly terms they Hould Offer The banks say ther are
unsble 10 give auy money the Secret ary IN bis ne
ctEsiiess but PR pose tnsts to make few book en-
tries, and charge Eo5< round Euni for dong that
much.
And turiher, willis unable to do any thing them.
Selves hey lnsiet that Mr. Fte:enden shall quarrel
With the National Banks, d1salsl them from the esr
vice tftha Trcasnry Department, and make pets OF
The cid State banks-the red coE wild cat stump tall
bnetion pump concerns, specimen bricks OF which
were enumerated IN euF issue cn Friday last.
Mt. FesEenden con'l See 1t, has dropped tic New
YcrI Associates" and gone home.
The New York Tribune ln1mates. VIC suppose upon
authority that The Ntw Yufk banks have fA,led to
propose any assistance to the Secretary, hs will
acopt the only alternative remalaiug-appxa1 to the
people for money upon 7.30's In currency the 81 OF
1881 st moderate premium. Or the 1c-30s per cert
at par. There Ia demand fer all thess, aud from
this source good deal of money ca1 be Drawn from
bauk dc postF; now ustd as the basts ct gambling o-
csatiens In produce the boarding Of imported goods
srd gold gambling.
TIE Ct alice which tho New Yc1k bankers have Of
fered to Mf Fcesecdens lips may return enbitter
their own.
We would nc. woaderif the leading policy Of Mr.
Casse's administration Of the dEance1 Ahoulu be
tooncr vlndicated than even hla warmett friends 40.
ttcipated.
II Mr. Fesstnle1 should appeal to the ptool. for
aid, milons Of srecnbacks now held b7 red-dog
bankers in the shaps Of deposits, would be with.
drawn to aid him. and j1st much would be p1aced
beyond the reach OF and mb1ess There
wonld De irdecd tight non@y rket, hut It YoOtd
be "tfghtnees" no honest loyal nnan would fexret
Speculation and gambling Woula te killed, aud the
PRESENT fictitious prices which the evotses OF these
vicea have been enabled to create by means Of the
facilities afforded By the A1socla.s banks.n would
sink TO their true level.
Let MIR. fessencea offer his beuis to the peoria
for their grsenbacsss and he will be sure II c them
As socu as Mr. Feesenden puts =! the command OF
deposttors 50 notes, they will sat a1oat the notes
teariu sts Interest aEd forrc the banks t. Contract
The Eatiocal credit Is the safest for men Of small
nleans better thsn Savings Bank, ts paper payg
higher Interest. Now is tbs time for people TO help
The Government With their money, and w.loeytr Is
kb!e to dlre1t til Capital to the 1e.vce of iha Trea
.ury ehonld do it. 1t is right to ferco ba. coatrac
to aLd crush fpecu!at1o5s stimulated bY bank losa
Nr. Feseenden can do 1t by popular lear, and The
people can largely aid him ~ 1sndiux the Govern
r1eut the money Icw beating smaller interest in
Other di1ecuonF. In view ct ttis policy, 1t will be
tafc fer people debt to be careful ani tot thoe ont
Lr deb: to keep out.
no such s.rpightened circumstances as TO coupel
sscicee hasten the farther lasue Of paper any
dcecI,ption 10 float a. monty; 50 that the market,
which has been maze Stringent by outside specula-
titn must be left to it, owa correction. and tue high
premium gold LETT to nst its Justification or dowa-
fell In the course OF the export movements OF CON.
efcc rather than longer .eat the false preext of
An inflated grcenbxck currency.
A meeting Of Western railway mao4zezs Is zo3n
10 tc held to advnrce fares and he!Ghs on through
business. The loc.l 1ares have been advanced upon
many OF the rosds. The Michigan S,nsherl Road has
a,resdy put up lts local fares 50 per cent.
pTrTsduR0 AND FoRT WAYNK RAtLwAY.-vreat-
dent Csss has submii1ed stat seat TO the Board of
Directors, Of The earhres Of this read for tha SIX
utn,hs ending June CO. The monthly easn!Dss have