, 1869-12-06

PIES r oGefeo oE pirate interests outside OF u
p1ne ~ y. % aaa lcase the Aame difficulties to b
u .et ms TO ne evident. II the ea1.z1es n1r
III H.. ses ~ ~FIe , nos sasa zoe hea, *hs
nnx ~ Ihs1 =, ~ ei re msfs "a Il cheaper 1ha
qho ~ 'isT q .ns enormous advances l.
~ tno n,s. ,s1.s o. nHa9. II u not wis
bs pa nneea gn ~ oGon 1o,. ~ hsa1asy mssste ~, an
,esun'eens tof that--iD no-ttion'
ts1eonr,n II ~ no,t toe'ongh iategnt
u, oasas e Z sas, naa
aa aas aseeral Increase Of sa'ses
msn ho ~ ~ .nsts ass u tse taAf!es Ut inos
hui. an n'e anoe' iIpofsahs poAtions IN III
eonsi N ~, ~, " ,oH ~ a~iuJ GoErsfoHer Is no
sss,,it,u + ~ 9s ,na an" tsspooein! O HI
tne oee Of inc rr.surs1 au a ~ nn~ ~ pa 70 msn
mnr,s r,ston, ~, ~ ~ more 1espoh 'lhl! and III
,'ss 11 -. ,.ar, =. - ucn less ID "a the Ill
T,m sn.,stn - ,E -, 70 ihs latge Cites
~ ~ ~. wv " !a:nr ana sespouhnt't, Us
The ,,tx..',, ~ [sot ,ts aIsston reuenpons
nan ot pecilaF qaahuc4;sons. 1t Is hls da'y t
f:n,ta 1 ~ r. tepuI.s tscsNta 1lom the Sat!1na
EAuns. -, & aa' ae o1s ene!s MAO OF az the core
~ ~ .,.n ~ hE t1uE et y! tnen. lnc position Il
XII IL and s1 as,n '''"t' requiring no ofaicat1 1adE
;, ~ vattous aceoan's Kept If The of.ice are ex
Lii 'ta W. te4o's1ss sast laept ait
81, ,s.,t cat ~. " tne e. ONCE IS set5 exten
q, r,',' esL". s, ~. sa'Fn % ~ F.es. tcsttcl
ne,s ai,:ts ,,' eoct,nt :, sowm,susc' 1ote!!seLce
~ nnu. ~, ttcnla1tha that she !r?1ty corp:rcl
,,cf ,,,,.,o, =, ,t.. - " sa1p me ncaa {,
Iii. and III i.~.t "v NJ, ee,snenaels, 81 ~
NM ~ 10 ~ ~ Shs.f1tn"n' Deata Ire aoy
wv y is aion trr hn!est 'aonr. Tnt
.',c H. "u =, ~. ~ OF tae pneac scrs:ct
o"'~ ~ 's-t 10
fEarHAl KEpEEN1SG AGENCY.
..a - ~: Sn Mehaali.b coIta'ne7i 10 M last az
crncs Ii lie city Of Ne yor. il lie tn,crss. q
tie National Eaarro ownet ma c: miro lei ns The I:
!, ile :. entr'nn 81 NJ thr:s l>sucs and tol iht
tsu % tho cnls:dcE:i',1n or Coag.csA
tartful o. serEsi.on and study during the yea,
"a nAse eos nftntn fhr op7ton then expressed a. &c
tHsion. In the FIRST plaee, It woui1 be The clear
Ing Eotee fot all TIC oanE ctrc1a'iou In the couu
ts-tae Es,cfsotf 70 which 7 would no Q, and f1ou
rn.,etcr e o2st.ootea again Thentser ant
common nssnTprehers!on prevails as to the
c,,ees . OF ptattcA rc:u!i Of general and
IMPRESSION beng that eucn m arrange.
. n.ent wenIa ne oaerors uron the co1utry
panSA ,n. ata Nonid cef:pel toem 70 pay treatc to
ua td Is ooc Is eve1s baaS SEea l,te r 9re W.
as Peaauea,I A. lts oEn eohaier, Or at tce Iea:est
Ell or y, ins, aon az IN s'Nseoa1Ent cmcln
TIA: sre ,,ar: tnst Vii nav d.ht. ~ ~
fcn ~ '.n1,;a p'sn@W anu me old time sJs.
eon,,p haaeDog to Ana 1etalnlnR koe notes 0!
Y"rP rshan, 1nns ,o9 snH Rofpose Ct psoSarnz SeT
rn,.r stnnaokss MI oe te1s*eo. Inc hfokefs,
ns sag3 esn MsNe p'ont u tnis Eay. wtli
LITTLE tae telitoly tesFcen then, a1u will col.
nnia s4e ~ ~ sseseiSes regularly with
Eola ann c1cnan9e 20 meet tletr denaafs.
~, ~ me other haod, Il ~ agree to establish
.1 .1T ~ assnes ~ Ne~ iorS 70 TAKE care Ct
nG1 ~ 10 rsokest tEe,l oTn notes a!l currency viii
- Ft1r1t f7rt
upoa ne banks for there Will be nothing
- Ea.H n!, u A cefala hno1nt Of
srausaei the M hu,ns,s ssa5s = tna oe required
III III PC nlntensd rropo,1.onatey By All the bnaks-
,hs ne e1cess ot ctFcnlatlon OILY, over and above
.xcess iii ,s ~ ~ nass rons, II . and Sas
a,. nauns. 20 tnah y tue adoption OF one general
agency, ~ PROPOSED, every bauk ID the country
nat 49, mase ms lass pson2F.oo Of ne tc3ent to be
sanc Prep; rsoo. 10 .hc ex sense Of 1edeem:ns an1
eaCe.s tnai tness MAJ b. INN tine TO tine And
,;cn Sey u19 1Icn, sss,em 81 or Is;emp.
!eGss 70 ALL special hat'lshps or heavy e1pen.e to
noa xrs,, s.
l,stks. The peop.e NJ large would rejoice ii cur.
rem J o! Uniform sa'ne ai orcr the couutfv, All
ioeehsehleuees groWlnS out OF loct! values would
eaIseney. eaes' Aea We tA0u'a hare 'fu'y national
Ihe preno4eG agencJ, being controlled and t1au-
aged ~ tue Joint t,aoSnE iueres1s Of The country.
q q. 1heI o@h atcsl ageLt, roud necessarily BE- a
HIRA!g CONSERVATIVE Institution, which waulf
oPeIste a. CHECK npon TIE speculative tenden-
c'es Of the tines, and exercise c heathfu1 In.
NoulI atiend to their o~n bnsiae.s in Se1 York
!. a ~ sasfR tae e2fehsfa sud rtcuts herefs:.,re
r*ii 70 their c6rtesrondents; aad t:ey wauil
nase tne hs'!etartlna Of know!ng t''ir ,he:r ~
serve sueHe. 'po1 which 50 mach dep'n:x we're
f'' itthts "a Wsil street EPcCulat.onx or used IN
",s II detrimental ast to the pno!: !a,srcsrA
lis common earinc amnnr n1nE.r. r.ar
epcaknR Of governmental supervision, "Tsk- care
u tag eu'tenc!: nsAe tha, as secute a. posaloe,
banks" 1-
As tM as practicable, business thaut
ne left free AID untr ,nn-i!ei; nnt
ro'ss 10 60 iryo.red with the 1en,t:nF OF noeeT:
the ability to re.iee1u on derand Is 80 d.1rnIs nt
on The snonns o! reterTe Sept on haud. a7f The
ply safeguards 10 The cusreacs, witho1; ar oy1r9
prudence AMI reasonable RESTRICTIONS TO the Hus:.
ness o Lending. II ba:k pic tccs ID caoitai f,y
cuatiop 1t mus. 80 nse that c:rcula:iou n 10, Ia
lost 1t: 10 1ayest 1t as 10 have 1t cotnc hacf Mtth
prons: must usc /, tudic!ously, nau safely. 80
The government, IL 1elcra,,ue ths nox.r ia
!ttue noiee, has the right 10 prescribe The con-
'l1t:ols upon h:cE thct shsH be issued, ii hsrsn
shou'! be anrrG4ted. II the conditions arn wiz.
and whole.omt, tney shorid Be honestly osserreT-
la prescribing ,u1es, reference should be had to
7At:oR or Incarceration OF hnnktnr ~.
siI,u,loIs 4 chasier to cafrT On lie bu.,ntss
Of BANKING does NOT give power 10 buy and
Fell real es;aIe' to ship epods 10 toret9n port ~
fu st.saxI IN ~ ,romnfr ami .is7,,srse e.,,,,
The ,na,t,c.s ct BANKING. praper:r rn1tnrtesi !:
3u4 as sure aaI tust as lite a. auI other nns,nest
bul 1t 4 ust bc con:aed 10 ID nrnnes ~ iecitt'
ra.e inhete, 49, '''F>1 'seA'-
Ia .hc ca*c OF m tueor,oYated hane.nr s,aor+,-
ion IA powers ar< rfescfif,ei in il caartsy Thr
lHE fer Ine uYcaotzatton II Sa.,on,f Nants f.nn.
tbtIr noEers vim nfrrixinn ThsVsra .T,sNs - 49,
TO exercise nndrr the ar. uaT rors 1rr1d.at.t
roscrs as.ha b. ceccsssrt IN r.. 81
+