, 1869-01-09
ta:.3NG,A1. AND C0MmERf'3L.


= tLtnAE hFKAtNH. Ltn. =.
w ttc by tha latest tcw Ynrx journals that
roth tho Krguaf" al d the "0pca b 1aEds oi
br,krr4 In Now fa:k, nayr pa.acd ret 'l,'tons
proptnl:ing ther members from buying and
II Hing freenhachs" II 10 ealo !. Or, In other
wt,tr. buyng AID selling options to call leans Of
l.wtul Motcy at tonlo fatare day at a sp.cidrd
rate of Irtc:ttt. alt IL expected" ra,a nue
1our' ii. ~that The action Of tic IND b1aras will
p.r,ally cte ck thee. dtrsnei:g and llcglt1mate
frspsactlpus. I be bnsire.s public nav, there
forr. c, rPraiulatc themselves that the attempt
thur f.r tas Iot beeh fully successful. as there
csu tc TO question that It would psose one Of tho
mo. lowc1ful mRtht that could 10 invented lot
g,s1, E the railway Cliques power ov-r tho money
mari OF, Ire money interests nf ths whole couu-
try aro b! coming 20 centralized In NcH York city
t3at th -ru would be nothlug moe be.ides this
p upostd "ioan txchspEc'' requisite nut
tho esta: central tieauup.ion Dank-pfo.
tos cd 10 he located In Eew York by the Comp
t1uil.r II the Cut1cucy-to place The money ua41-
kct tic bnBiIest tntesests Q! every quartet ot
ihr lint States con plctely at the mercy OF III
d. zcn fndiytdna1s In that city. This practice Of
tladi, r in looms Ut mouoy sprung cut Of the To-
c. n scttmes Of the beat cl'qnes to create art'-
| o. 'at rinccLclea in the money market. ard hss
t,nueo Al ne OF the legactes Of thnsc rascsly
operations. Whenever II was de.lred to weaken
| The pl,ee Of stocks or gosrrhmt nta, tven yery
business to get control of The losn 1uark.t in the
early part oi the day aud bid up rates for mpney
in the atiefnoon+ making a partial :" corner ;"
| on loanAon funds. II 10 openly asserted thst
| sone of the bank. OF that city hive tys.ematt.
ca y lett themselves 10 this ditreputAo!e piac.
| tee aa mrans Ut getting cxtravAEAnt rates OF
tLurest flt ttcH notify. he Nav fatk Ell
pr<fs ssse::"A case mas come to light wbers One
| hrntct ta+ leaned o~er one m,rtuu OF dollars
/ SI }F n u ~ n r n rrf 7irr0
| city hank, for which he r.ceiyed l q par cent
rot ctasr. Tho nr'ksr of eout~- tnsd,. the 10 tna
him. cl9, ard The ehyicck back tilc37 ecse c y d
I'll. elf blLlnG the bIoksF." The en- .sal ~, 1t
laws IS IL oppot.toS 10 that ot psoe 1es.,
| hut tt ever T. ere Vas field where 4hey ~esa ne
c'trarA II q III Ecw 'sk c.tS. no 70 nuca hc.
utr taty gat very ich ra'o: oi IL cc!t by bcse
eeht mi =, bat tcca3sc Nr~ York, t,a1lg tho dnau
csal .eiise u tue county, every DIS ;oro inct
tla :. e fe:s. IN erme dtlrec. all nyrr The uit.n,
tend. ring lis Iuuuel n,srles cratic aid unro.ta
bic inr crnnrIcisl purrosts.
| b. The igutc. Ftren RuvnR nut Wash.n-+nr
'sra'ehe+ Of atother page, In which tie eet,
| mMct ircc1rlt spn c,ptB tBdltufta CT The gos.tn
,ncti :uf ihc t"u fis al scsts. enulng Jun,
H. 1ssi!' nrd Junr 3D. 1870, 1: II rho IN iEA, tbt
heat r. bnttc surplus Which The x. re. usn 1t w,I
have. Ii d st1ch czu tc applied to he sut.h
rt1i u Il c utb bt, - napus 81 V0oO>W each ,eas
If's vh. et,L tcRtt etst.d sJ.lrm 1t co:ces,tt
| , . a. " ~" - a''"'e'' ~ = *
n''" 'o'', ~. III" Mill "'e"" ''"' u. ufols'
''"' ~ ""u" ,,.,. .4 .....
..' NV - '""''e - .'ae" u o' inc a'efefa'cl
~ '"' ~. n'"h'".! s's1 MS ot fhe fhrhi
r ~ w. .,'"s" r'te s''".e "'''u a'1o'
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bn,ttas ..........+,... ......., 3alM
afrfHxr u y" U.s.. ,...In l9f II 4!
x.... a' 80. ';;....::. I, '...... 9*tH9l!1
IL rtru.r. =. ..,.,,., ,,,,,,. 7i,J's,1 4. 4.
As"tn.,"' n'h Mid Eits tn"cks ....., H'EIJl d
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