davidaulloa/AmericanStories huggingface dataset:
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
SrlcgrapD, Natbrid)ten,
Spnaree Nerbanb Iun9eu.
eroffnunesre6e bon Butler.
geabribte,r aus 8a fbin8tpn
etIabenbanbeI in 5tOriOa.

@ afbinatom, 3O. Mara.

Bafbiugt0n, 80. WdrB.
Seuat. Ser Genat trat als Sm>
peabmeuts Geridtsbof UNI II. 35 su'
1anmen. : :
Butler belt aie Gr0fFnnnesreSe, in,
tpeI@er er suudbft arf Die Smpead
ments 8rocefle in anoeren 2anoern
binpies, Inn su 3eisen, baB Elm Dem
Smpea9ment urterw0rfeneS 8ereeben
in elmer eonifitntionsnibrigen Sonos
lung foiuobl, ais i'm rlnterlnllen elmer
fir 6as @emeintpo5l n6tbiaen Sano>-
lung beitebe, 6aB es niht notbtpenbia
fei, Die 8erfeBung eines pofitipen @e<
iekes na63uneiieu, fon6ern Oab aud
Der Wibbralb iibertra9ener gewalten
cine 9lnfIage bsoiuge. Ser Ne6ner
fam bann auf Die @nfla9e sNrtifel
ielbft gu ipreden, bob Die 8erlesuns
Der MmtsoauereSia berbor uno be-
I6uloiqte ben 9rdfioenten, iid f6nis>
libe Nfadt beilegen gu uollen, iuabs
reno ale 9rafiSenten bel 8erdnbe<
rilnaen in Der .8eiekun9 bon SteIen
itets nit benz Senat 3uiammen gcban>
belt bdtten. stad 9lufSablung Der
8orfommniiIe i'm 6ebruor itlOb er
iein 9Irsument nit 3iuiueiiung auf Die
wieoerbolten 8ef6uIoisungen Oes
seraii6enten 9eeen ben Gongre6, bab
oerIelbe ipeber legal nod conftitutio :
neil fei uno I'm oiele Stellung 3n be
baupten, babe er leoen redtl5afenen
QRann bonn 4inte slt entfernen geiudt;
aus 0ieiem Grunoe babe er iebes
fucblt9atige Gefss nit ieinem Beto
beIeqt mmo Die ebemaligen &ebellem
in cine ieinoieIige GteIlnns eegen ben
Gonereb aebra6t, babe ct Blutber ,
aie6en uno Moro in ben fI0liden
Staateu ermutbi9t lluo iid ofs MiliS
tars sm bemahtigcn eefudt, ipesbalb
CT naInentli9 oas &rie9s Gepartenent
inter feline gontrolle 81 bringel uno
ben @onareB su itiir3en ftrebte. @tn
GhIuf forberf Der 9febner ben Senat
auf, feline 8Ftdt ;u tbun, tpie oas
Sans Der Nepr6ientanten feline Bfibi
erfiiIEt babe. ginee 2lnbrefp Sobnfon
fret aus, 10 uiir6e ipeber in 0ieiem
nod in einem anoeren 2anoe Der ulurs
patton ferner Ginbalt eetban ipetotr
fonneii.
Binaba,n trug bieranf auf Borle.
annq Ser 3enGnifie burd ben Cad
ipalter g8iIion an, iuelders ais fold'
ben eio 6es. 8rdfibenten, bic grnen'
nung @taufons burd 8r6lioent Gins
coin un0 bic Sobnfon'fAen Grtldrnn
aen iber bic Mbfebung Stanteni
Dorlegte.
Ser Genat bertaate fi& aIs ge,
rihfebcf auf mceDen Wiittng ~ llbr.
Der Beri6t beS GOHferen, sG0ititei
ii6er Gteuerbefreiung eitiger Gabrifat
uur6e rad elmer Debate angenonI
men.
6aus. gbur9ia f@lue Elm slmen
benaent sur Nfte bonn 4. Mdrs 179
Dor, babIn aebenb, oaB bel 8aean;e
in 6eni @rdf6entens Mnb 0ice> @rdii
oentens @inte cine SnterbaEIe bon /
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
Nelle 4n5eigell'l|I. 4
sGls Gom9reRmitslieO fir ben. Ge:
fammtsn Gtaat.
ON Aie 0Di6Ifr hDn TenRefIee: Bs


arsar-3a96em Der Goupernenr feite arotaz
nation erIafien bat, peIdle aIf 9oanerfas, ben
4 9aai ,. 81, bic sRabI eipss RitgIieees anberaan,
ipei3eS uns i'm 8ersieiten GonereB uertreten ioii,
,pie foIbe5 etne fdrst9 ron Der SegsIatur orges
apmmene Hefslution psrf6reibt pdbIc i'd Siefen
Ges, nm mid aIs GuabsGsen fir besc Steae attsu@
fan6isen. Gs nirbe mir srOBe q eeiinstbaitng ge<
rp6bren, 1uenn idb ale @Gbler i'm 5taate febeR ntb
ibnen metne gnfic6ten i'm 9tseiHei,ten berbie rpiz
tighten pflt if6en EasrSfrasen psrlesen t6nnit;
ale bic bis sur @ab! iit SO mrs, ,i Sies gu ers
nt6sIiden. gBeHn 51r mid NIT elmer Naioritat oer
bel eenannter @abi a5Hssbenoeu stimmen beebrt,
10 10 ree ieb nit Ser iest i'm Gonsres berrf1eneen
Rarset in BEN srOsen Observation-Disclosures sufawen
baubeIn uno pets sssen bic perSerbbe qoIitit einz
fteben IpeIde Nnbrep Sobnfon benz sanbe aufsusuins
gen fud5t nil aud Niles in nteinen Rrdften tban,
nm bus Sntereie nitieres States, fOpie bss sanse
2anoei ;u beI6rbern.
@tn. SOfspb II. Gp6per.
mj 1-ti7
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31

RATES. s.OF ADVERT RTISING.
Egg DAILY 81 90 per, Square first insertio
u i-Ity Cents or each subsequent insertion
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
8 af.binatnn, 3O. Wfiri

afbington, 80, Nfdr5.
Nean eripartet tar nrurgen cine
Sr0re oe8 Sen. Sancod, in tpel1er er
anseiet, oGB Ct bas COMMANDO oes
atlantifben 8eparternents aneetreten
bat. Sie &ngele9etlbett erre9t iehr
bittere @efiible 9e9en ben 4rafis5
oeHter.
@ie 8irsinia @onbeution bat oie
Srennung Der weiBen unb farbiqen
S6uien nit 80 segen 81 Stiniiilen
bermorfen.
:, Slls 9lrfanias wirb sic gInnabme
Der Gonltitution nit 5000 Maioritat
gemeloet.
Sn columbus, O., famen in bers
fo6ener g8od)e 6S1 Ginpan6erer an.
sBon iGnen IaiIen f6 nieber 101 in
Ohio, 246 in WiiIouri, 129 in Sill .
nois, 50 in Snbiana, 56 in &entudp,
% in Senneilee, q in 9Siseonlin unb
IS in RanfaS.
Die groben 2ein0lsBerfe Ser @e>
briioer @oulo in Chicago ipnr6Al 6nrd
6euer serit0rt. @erIulf $175, 900, nit
$110, 900 beriidert.
@eus SdottIano lit i'm enslif6en
Barlament gegen. ieine 8ereini9ung
nit @anaoa ein9efommen.
Sn 8albeifon baben bic Seteftibes
ungebeure 8etrii9ereien in oen 9fe@
gierun9ss gSaarenbauiern entbeft, Die
fi6 aud ua@ Stem Orleans oersipeis
gen. 8efonoers Sabat nno @bisfe1
.WurOen in 9roben auantitaten Der
8efeuerung ef1t3oaen ullo iitan bat
bereits cine Nnsabl in ben 8etrug per ,
tuifsIter Beamten berbaftet.
2luf Sch Be( ipuroen stpansia Tar.'
bige bon 8refon un6 @Het aus 8. g.,
Sntitb url6 @oiman aus Mifl. uno
4aen aus 9fi1,nenb So. gen,ietbet,
um auf Dem 6eitlanoe bon Slorioa
8dutne au fallen. Statt beiIet nursi
BEN Die sleger aber mad Cuba gebra6t,
inn fe oIs Sflabeu su berfaufen. Ser
arserifaniide @onlil in 0fatansaS lieb
aber Preiton, sGllet un6 NIfen Derbai.
ten uno in gtien mad &eb @elt Suriids,
i6iden. Die beiben an6eren Geelens
perfdufer ffnb enttomn,en. 9ie Neger
fnb pisesr mad, &ep Beit selanOt
iporoer. s
9ius Neapel fptrotn neue uno fur9ts
bare Qus6riide oes 8einbS eemeloet.
Ser Conner i'm Snnern oes 8erges
bnuert sunaufb6rli6 fort une iit
G1re6en erreaen6. Sie 2aba fieBt
nidt mehr 70 reidIi6, oasegen iuerben
euorme Wfafien bon Steinea ausges
morfen. fae1s
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
DAILY AND WEEKLY

DAILY AND WEEKLY
TENNESSEE STATS ZEITUNG
hesP THE ONLY GERMAN DAILY AND
NEEKLY n CITY AND STATE.
% The only Evening paper pub
]shcd in Nashville
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31

B Ggtr uergr56eTn anirs Satrif fostpdbrens Mns
m0dben neae Mnj9GfunBen uou Rdi3tnfrieu, xBW
8orrGtb uou Iuftern pom beten 6tpI anh bic be}tsn
Rof4lneuwertfdtten wefttt4 pcaR 0ebirgs. a8St
baben bic Ntttei, aue Mrten upn Mei9taenarbsit,
ridten, meI1e mir ~ biQtgersn Mafdten ,,esuiNhss1
stSenten, ais es aneetswe gef9ebeu taaa. @tr tress
ben Goutsafte fir aHe Serteu Stein kaMerarbeh ana
nebuien nnb baben srese TDrratbe pOn 6teinytaltsa
uub GurbfteiHeu. - ssss-ss -5,..f I, 5sf
1sir lasen Bsrfonsnt Sie Raibuias tsfs9sn. &c,
miro uns 5ur Trsu6e gsreidsn, fte Serin tesatasMs
fabren. Ssse Mrbett sara1tirt. - ~
49,. XSarD S 8riaas,
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
WeonfaDmerD Beu=Nf fabesnie
$50 49, ber
H 1laiDsriitGt BON HalbDills.

Der Sra5ja5rss9etmn bieier NnitaIt mirS am
6. April beginner uno am "a sSiini 1868 fdIie en-
Die 9ebi9relt fur boS d5fbalea=OepdtteuIen mt
SIS.
sir bic grammatit9uIe iit EN- sroBes unS an9es
nepntes 3'mmer eineerittet rnoroen une bic 9edS
fbIe bat i1eues nb foffbares y eubemellt udb bent
neieiten Hatent erbelteM. Sie 8ibIiotbsf lit lest
ofielI. AzsIaJ ..34
Die TrHftees ffnb erfreut, ansei9en au fSRnen eaB
bic Sdu Der Gtubenien Iu6breuo oe5 So nfer SerminS
um so pGt sugenpntmef bat mfb boIIen, haB bic Mnz
ftnIt fprtfnbref rptrb, ii ben 8eifoa bet Srelnee
eritubIi6er Grsiebung su erperben.
lin ndbere glusfnnif ipenoe man fdb an Sebn 81.
Sea, Yr6iieenten hes 8oarbs ooer a,l s. 8errien
2in6sIep, RansIer Der uniperiit6t. I'M tns28
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
9teinbaner .Nrbeit,

8ir baben rpbe, bebasseme
uno gebrocbene Gteine an Sonb,
tueI&e mir gu uneeDObnlia billisen
4reilen anbieten.
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
Nelle Nn5eigen.
8renamatiOa.

I 9a o-r foIgenbe Beidblus, Ro So, non ter @efes,
eebsnesu SeriammluHB Don Sennefiee angenomnen
IuItroe:
ga 6er Sfaat GaIifornien in ToIae zines nadbaez
ME enen uebermabes Der 8ep6 terIna, unterfist
onrh bic Aetion feiner Burger un6 oas Gertcat bes
0euu erueurS lents St1nttS tie gSabl HHo bic eS1s
iauitung pon erei Heprdfentsnteh i'm @ongreB ser
Berttnt9teu Stadteu ftatt 3Deien, au mel1en eer
Stlei tettasT eere9tigt Uar, lem Sfnins ren % 1860
9ssfEcfFen erhiet uno ields peitete Nitglie6er i'm
-tseea isno OreIsigltsn eongreB jr9eaDeh pltIsen;
50 oar5 eoTgreB -af.s, 2ailirt 4, 1ldrs 1867. bic
3abl Der III GIieoer oes Eepra1entantenbanies i'm
eDnares Der geretnigten Staaten, uen uhe mad bem
8 Ndrs 1853 anf Sw Snnssrt un6 elm nas pisTsta
feftgefteut wuroes inoeTp ben ldt meteren Rlts
eIieDerd e einer dni gennipluantsn Gbt0, Rentn fp
sS4tnoIss Soma, NtHnejota, BermoHt unb Aap0e
sJsldrn 1rgemieien DurSe; ~ wsssls I 8
Ia BET Der Bereduung, mad peIdber Tenneiiee aebt
Ntltgiteetr in Ieprdientantsnbouie Sss GonGre6es
Der Sereintgten Staaten ;ugeptodeils erbie (, ein
HrudtbtiI Ibrig blitb Der me5r ais bic Sasfte Der
SabI pon Ginpohnsrn bstr1's lie fAF Elm rueitefes
IA Sennsiee feit iener 8srs@nang pter'is taufene
Treteeporfen nit benz Mabiredt betfei6ef uno bies
fsIben 81 freien Ndnnern nno 9S6blern ertidrt bot
unb eaeur9 sn enem 7eitern Hsprdientantsn i'm
RtprdfentanteBbaufe bes 6onsrehes Der gereintgten
gsiss bsj5lofsn BON Der @sfesaebsnben ger,amrns
lung 6es Staates Tenneiiee, 8as Der gouperneitr
auigeforhert uerbe, cine geroronnug 5r 98nbI eiuts
gtaatea r ssn saamtsa stGa nj oie ioes In
Gingnng chen btmertt fporben it, ifb 5A fbeIbenl
Der sssat SsnHeIss, bs cot q IT, q srloilsE; s n,s
por MbbdItyrg ber @abI geinebe. 80
Aneenommel ~. Udra 1868.
0emsemab nun Otbne 50, nm; O, 8rownIOrp.
@oHperneur pen Eenneffef, 9efntit Fine @abt fur ein
aRitgLteo oes Gongreifes ttr benGefamuten Staat
wel1 tpdbreno oes nod lib igen Termins bes 8ler'
sisn eoaereiies 81 fanairsn fat, an, 81 5aItsn tn
allen Counties ses Gtdates am Spnnerffaps . een
2. Dla 1863 nH6 bierntf befeble NIB perorbne To
tab bic Gommitfpners fir Heatfrutt n In ietem
County anerSgeii tOaen; sss enc gsa9I an t.Ssm
rOerbs Hiis 6aB geri9te IN eebSriger BEN 0eieye ge
| mdbsr 2eefe sbee at ct rgr6snsst
/ 2urt 2eugniie befen babe tt mein
| lqamens nnterI@rift bierunfer peiet
i IL g IunS befoblen, Sae has arose Gtaats
Il KM0Ht tSiegd dttadirt pir6. 80 eeidehen In
| Department RnIbpiae am S8. Gage III
- DRnnat Dedr5 1868.
| : Eur9 ben @oHuernegr
NB. %. DrDwmIosps
US. SIet8er etaatsfssr.
10 Die al anutihfn Mnseigen Gntorilrlen 9eitnngf
I'm Z 6atemfrben ieoe GnfgeferSert, elee %rofemntt0
i hretfal eiTitlGrf6en, trs30 3m
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
Striifgeltc AngeDOte,

S@frffeselte Mngebote fir GsriGbtuns eines
S 5euerfprisens Sdiss IN Ser 3. gSarS 1ueroen fir
10 Iaee angenomneii. Spectficationen f6niien in
Der Sfitce ron Rdor @ilett, itdbtiI9em Snsenieur,
GoI0ilnaoe Gebdnbe in Gberrp StraBe, eillaefeter
meroen 3ie An9ebote itaS in Maior gBiaett's BfTee
ab3ugeben nnb an Sames S. Nc2ougblin, @Orftser
hes Goniites fr Grrtdtung zines Gprisenbauie5 an
abrefiren NIT Der Besei9naas: @n8sbote FIR Spris
tenbdus. elss b sts
8eter baben Bombs fir bic eeruifienbafte Grinang
bes gentroftes dus5Hiteaen.
30. Rdr5 1868. 4a,sg mt30 f0m
Tennessee staatszeitung. [volume] (Nashville, Tenn.) 1866-187?, 1868-03-31
Gt6ern.ArtifcI,
SanfsHatttadjtr,

/ @ir Tnb bic aIIeinisen 0abritantsa
bon 8. SBarb'3 berf bmteln,
isniiberfrDffemein &amf s0aef.
tu6 unb t0unen &uftrdse fir iebe
beliebise 0uantitdt ausfibren.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-08
Grant Declines.

Not the Presidency, but the gas and fuss
and buncombe. 1t is good thing to find that
the earnest simplicity Of character of the man
is 80 much a part Of his nature that nothing
changes it, and that not even the softening
influences of great success tempt him to
look patiently on the humbuggeries that make
SO great share of political life, or to give way
so far as to make himself the centre of a grand
display piece, intended to show to the country
the rows on rows of oficeseekers that are
eager to commend themselves to the elect.
This is the great object of celebrations and
jublees around the person of President
elect-to put the placehunters conspicuously
in the eye of the man who is so soon to dis
pense government patronage. With such
Presidents as we have had from time to time
our Johnsons and Pierces and Folks and
Fillmores-this was all right They gave
Office to men who glorifed them; and, as they
were about as poor in glory as the others in
pocket, the exchange was not uneven. Grant
stands on different level. He can only feel
degraded by the glorifcation and palaver of
the Washington men, and shuns them accord
ingly. 1t is good augury for his administra-
ton that he perceives the dignity and force
of retirement and silence, and maintains in
success the position he held in the struggle.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-08
NOTES ABOUT TOWN.

About year since legal measures were resorted
to to enforce the removal Of certain distractions on
Broadway, between Fulton and Ann streets, and
two years ago similar means were adopted to compel
city railroad company to take up rails which they
had laid down that part OF the great Thoroughbred
1t is gorge" through which onehalf the traic OF
the city is carried on, owing to the conveyance &C
that point Of half dozen busy streets. troupe OF
Italian peanut roastes Chinese cigar vendors and toy
pedlers now occupy the sidewalks. Is there no city
ordinance which can be enforced by the city author
ties or the police which will remove these impedi-
menta to places where their presence will be less
detrimental to the public conveniences "That
bridger is bad enough.
II Is great pity that the regard OF mammas for
the morals OF their daughters prevents certain young
men from visiting them OF their homes and that tho
cavaliers have to wait in clusters outside fashionable
church doors every Sunday after service as the only
means Of meeting the "objects Of their adoratien.n
II "Kennedy's Blues'' would only make them "movo
onr soncitous mammas would be relieved OF much
OF their anxiety and fewer people would be IRE
lieved, OF their watches, &c.
Is anybody going to look after those builders and
contractors who cucumber the upper portion OF
Fifth avenue with brick, mortar and rubbish fhe
ocias that ought to look after them don't do II the
public must try to elect servants IN the approaching
charter election who will have some interest IN en-
forcing the rights Of the people.
The Union League Club, the Union Republican
General Committee and other radical ORGANIZATIONS
fume and fret over frauds in the late state election
and threaten to impeach somebody, to indlct q
crowd Of other parties to contest the election ana
smasb tb,nus generally. The sagamores Of ram.
many, who have feasncred their nests for good long
terms grin in their sleeves. why don't somebody
get real mad apdd do somethingt
vice president eject Coifax va In town yestor.
day. Has anybody heard where Frank blair Is
lately, His SCORE was next to schuyler'sin the
match for the same goal de ought to contest tho
election Il he wishes to follow the nolitical fashion
chart
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-08

QUEEN ISABELLA IN PARIs.-The exiled
Queen of Spain has at last turned up in Paris,
which means business. Otherwise she would
have accepted the hospitality SO kindly offered
have talk with the Empress Eugene, and the
Empress will have talk with the Emperor,
and shortly thereafter we may expect to hear
Of q special ambassador from France to Spain
and then, who knows what then
But when the pie is opened
The birds will begin To sing,
And won't that be q dainty dish
To set before the king
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-08
Progress Of Civilization and Religion In
China and Japan.

Progress Of Civilization and Religion In
China ind Japan.
The Asiatic border of the Pacific, from which
the original civilizing element of the world
started thousands of years since in its west
ward sweep, is at length awakening under the
impulsive blows of its own creation, which have
made the circuit of the globe and now attack
Asia from the eastward. While China has
been lying dormant the child of its own crea-
ton has grown to gigantic proportions. 1t has
chained and trained to its touch certain ele-
ments which have intensified human strength
beyond all calculation, and, making these ele-
ments available, now presents itself at the
Pacific doors of Asia, threatening to overturn
the oldest established dynasties of the globe
and make them acknowledge that they have
been in Rip Van Wrinkle sleep for a whole
geologic period.
Both China and Japan must go through
primary education before we can expect them
TO accept modern ideas in all their national
significance. However progressive their states
men may be, they cannot hold their official
positions and adopt the whole train of national
motors-railroads, telegraphs, steamboats, and
newspapers-at q moments notice. 1t already
makes more than one European nation stagger
to recognize the movement Of the age. Why
should we expect too much at time from
China and Japan9 Still they cannot resist the
impulse. Telegraphs are to touch their coasts.
Every time steamboat anchors in one of
their ports the dormant Asiatic mass starts at
the sting Of civilization.
In obedience to the win Of the Chinese En-
peror Mr.. Burlingame is now looking for the
best means to link the Old World with the
New; but, naturally relenting, the govern
ment prays for the "sacred glance" upon re-
vision Of Mr.. Burlingame's treaty. The I'm
perial Minister thus amusingly speaks Of the
"outside barbarians":--
| Foreigners in the East and West for several hun
ured years have been making and unmakinR King
dons eacn kingdom wishing to deprive Its neigh.
uor supects Oh some advantage, with the nope tat
| Ms own subjects might ultimately pront thereby
Their object In coming TO China setting up places
OF business everywhere and trading largely In goods,
Is 10 follow out their nearous devices OF deprving
o.ners oi soVantaRes, and they wish TO damage our
| troubes-that Is, the Tapping 6c-people OF China
| have sunered long and severely. iTLteraly have
| long suffered fire and water)
The additional opening OF some Literally three or
| means from day to day. They surnr In mute agony
and VIII be driven 10 extremity. II trade IN salt IA
conceded to foreigners salt merchants VIII auner in
business. IL the building OF godowns TN the iute.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-08
Are the Banks Servants or Masters

Are the Banks Servants or Masters
The recent operations of some of the city
banks in locking up money have met the COM
ments they richly deserve. Certain institu-
tions, chartered and patronized for the express
purpose Of accommodating the public in their
business transactions have lent themselves to
the game of few desperate persons who sought
their own profit by producing severe artificial
stringency in money. Just at the time when
the natural demand for money to move the
products Of the West and South is springing
up these spectators and their plant tools
among bank officials carry out a scheme
which locks up from daily use many millions
Of money. It is understood that the process
is to borrow at first large sum on collateral
security, in the usual way, and then to
hypothecate the certified checks, or the green
backs which these call for, as the basis of q
second loan, and repeat the same operation as
long as they can induce parties to lend on this
kind of security. In this way the original
loan is made to do duty several times, and 80
withdraw vastly more money than the securi-
ties represent.
Now, whether it is upon certified checks or
on greenbacks, this appreciation of loans is
all wrong. Such things have no business to
reckon as securities with any decent banker.
The certified check passes as money, which it
calls for on demand, and 1t is charged at
once to the dealers account, just as IL
he had drawn the cash. This plan
Of lending money with money itself as
the collateral for the loan is an open defiance
of sound business and the sentiments Of every
respectable citizen. No objection can, of
course, be made to any depositor Withdrawing
his own funds from bank; that is his own
affair, and any occasional inconvenience from
this cause would soon correct itself. But for
chartered banks to lend money upon money is
q departure from good business that deserves
the severest condemnation of the public.
Moreover, when we call to mind that this
outrage is perpetrated by banks which exist
under the extremely liberal provisions Of the
national banking system, which enables them
to make very handsome profits in their regular
trade, it is clear that the public has something
to say in the matter. Are the special privi-
leges granted to the national banks simply to
enable them, at the prompting Of few gam
blers, to put on the screws whenever they can
thus torture other people into selling their pro-
perry at a loss? This is not the American
notion Of fair play by good deal, and these
banks must be taught better. Most respectable
men would as soon be mixed mp in what is
openly called dishonest as in this triple extract
Of extortion. As the matter stands 1t is high
time the conduct of these banks was looked
into by government inspector, and the
services of District Attorney, with the
possibility Of forfeited charter, might cor
rect the shameful evil.