, 1869-10-11
MONETARY AND COMMERCIAL,


- ~ - ~ = ~ ~ k4AtD WIN IL IL y 4AAAt
MONETARY.
sA7tKpAr EvkxIxo, Oct. =.
TIE 'u"tcrors fenorAoce with ~h:ch nany Of The
partisan neH.pap<n Discus Cnsncrs, may be
10f11 estimated bT the exty1c,s gtyoD below from
TWO political organs ot opposite parres. Who arc
}ctt nos aaAkittnR tie New York F"stt With long.
~Hdth oracutaz h1t!ctess becaose the Writ er.
P'aitrd stsIonur. pIan for 1csnnlug spe:te poy-
ntnn by dehAs!nR the coinage Of The conntrJ n
the sanc degree thnt g1eenbacks are nov oepre-
clatsd The New YORK 7r4sune, commenting on
this rlsn, says IN Its edt1or,zt eclntuus:
{ have iusi Studded on 4 scheme n1tfutty-
tast r. kknlAiuEls pro pounded to reach tue end
~ uehSsbR oht coinage 70 The .esel OF our green.
osSts, b5 eoas'iuE that au1 RrslLs Of silver shall
constitute D. liar '1tlead Vi 9.+a WINCH II the
pTettrs le Ga1 tlAhdaEd."
Now, stthoush II u well knoun thnt, tn<.ead OF
~ Eraioa Of silver, the t!lEtr cuEAr OF the
lntseu States. "a It haa been colneA ever sluc.
1851. coI1alls tls grain. If aiire,, tia. earnest,
s!hi"ta's, horest. blunder.ny nAcon,sn lfsaay
AbdJ OF finances Abi political ecouoay the
philosopher of 1ae New YoEk T14sunr, prosx-eis
R1sseq TO deuounce the f0l.y Of reducing Tue H.
Lar fEo'n 3s gratne Of nlstr 10 49, But nov cones
the eliehHo 1in'es aud also pitches 1910 the
He'li ptau OF dehastpx the colnAxr aud s.ts:
sit u ttcEutHr thut Newspaper Shlct l.t hern
lighting The Democratic dnl+rine tuai Ina nIu.
.enonns,nr, II as ,,unt.Iso ~ leasGf5 no!ss ana
10 chi q tbt poyr tsIndnoterz hy nat,nu thern ~
tnttteu Of 2es s71,ae VI gold On tlc1 uolsf lur
Nhes, shef f'ands es' lset .een pa, ing 'soads IN
tx.i u,,h trsntn ~ pah tt ~ - Ho'a, aeoasea 70
uuc,ou. but |, ~ une taAt no intellect on Garth
Ii 1niesrscol!e!l eh0ugh 10 discover IT."
1t will lc perceived that white The New York
7situns ttaiea that the silt toitar cootaus nay
IS eralIs of tlirct little over hat Of tas real
anout'1th cacago TsH<a stases 1t Al ss grains Of
Sosd. oelnR ten times tas sAioe Of tho American
tHtf dohaf IIai'S these gcttlemen had hetterp pnd
OIL, On. snst constitutes oonaF before 1aes wn'e
sboat II: .........
The week clo*inG tonight has been ~ unsats-
ioss ore in nnaace aud trade. Aoney has teen
stringent during tie Whole week, and Begcral OF
the bauks have fonnd It hRrd work TO sccamuo-
date escn such cu~toners as we're entitled to ac-
connpdatton. This, hoAcvez. has not bten
the case E1tn all the banks, aud
hose who lave had trst class c3.latcraB
or nttt.c!asA twnrnac. Ehurt-3atc paper, tuAde
iu r. E,l!ar business tsansactiouB, 10 offer, have
| le4n Atle to yet money On them, II not At one
lunk, ut aluthrr. The hankl, ho~-
ever, have turned away all speculative
| psptr,--!uch KITE nylT Faptr s. Is msAe merely
to 1aae none, 10 60 Tito Fpeeu,auons Ia grain =,
ia I,reee1s extremely low pr1ces, or any other
| Md u epecu!A:ioDF, hs dt.tinxu.hed from
rrgular t1aIc. The c1uss OF borso overs who
make tfu kind Of paper ars, IN
| nnny !nsfatets, weaithr, and the!s parcE
Is Recurc; tut In such tlGcs rs the
present II "a nor takeu at oatk though suf faicF
| IL icing tnkcn In tho hsFect nj about pcr cent
rer month
The auain Gu the 1anks Of this city produced
Yct nera h,,14rn hcarr II coY11 mt ,.. ntn.r-
| wire. The panic 10 New foik deprived the grain
snd donI dcalcEs Of Sc~ YORK city, aua s;ate, OF
the facilities for soug business because they could
not Rtt accommodations to pay MHht
buls dn~n on them TO ray for graln
| hhtNpe11 from herr. There has tsecn my quantity
efv'S-. H. re- 10 as, sr.lnr ;" 10 TA'd fur "y hh'
u*n ~ tntt35 "atf' "at hiH useless lef inc 'ahAs
W n'h wy ""aoue an lnettase o' capltai' 10 a.
tcihp1 10 lattlsh !ahs lor tae whole Of 'hc sran''
uctsoha III gram tfem inc nahtts Of tho producer
10 inc consumer 10 inc Eastcso onu t"seg0 thar