, 1873-09-30
IN GENERAL.
ARRIVAL OF MORE CURRENCY.


The Btrea1n Of currency still flows westward.
There arrived by express, yesterday, the follow
ing sums:
Adams Express. OBSERVATION-DISCLOSURES. SOC, 900
United States Express. 40000o
Total. s. ooo, goo
About one-hnlf of this amount WAS conRigncd
to the bankH and tho remainder to private
parties. Tho prospect is that tho Same amount,
II not moro, will be received daily, aud that tho
relief 80 happily begun will DO rapd
ApEopoB to this, 1t is proper to announce
chat the managers Of tho express companies met
yesterday, aud resolved not to make public the
amounts Of currency brought By their respective
lines. It WAS thought that such publication
would excite the cupidity Of thieves and rob-
bers.
urTy IMPROVEMENTS.
The Council Finance Committee, City Comp
t1olor Burley, and Mayor Bond mot in tho Int
tors Office yesterday morning at 10 o'clock, and
discussed the financial situation as far as the
city WAS concerned. Tue principal difficulty
arises from tho unpaid taxeB, Of which thoro aro
about s1000,0o0. II there WIS no financial
crisis, tho tax sale, Oct. 13, would fill
up the Treasury to this extent, but should
money still bo locked up, tho city would
probably find itself With o large number Of
DISQUALIFICATION hand, without any funds. Tho
situation seemed moro encouraging, hoHovor,
and tho Committee saw no reason for discontin-
uing any Of the improvements already COM
menced, especially thelaying Of wator-pipes and
aowers. The city has already laid in large
amount Of wator-pipeR, and to delay laying it
would be equivalent to locAing up this inyost-
new works, such rs stntion-housos, etc, might
not DO commenced, but tho essential matters
would be continued for the present, at least.
LoAN-oERrIF1oATEs.
10 the Editor af The Chicago Tribune:
BIZ I have toad tho article communicated,
signed 1t Merchant" !" commenting on and reflect
ing sharply upon tho course Of Messrs. Blair and
Smith In declining to enter into m arrangement
with other officers to Issue
and thereby publicly acknowledge thoir own
bankruptcy. For the non-concurronco OF these
gentlemen In this selfish (and, to my apprehen-
sion, wioked) shift Of their own responsibility
before the public, thoy deserve, vote Of
public thanks Of tho Northwest gonorally
and Chicago particularly. The whole achemu
of loan-cartaeates ia only another illustration Of
the fabled fox whose tail was cut or in q trap,
after which Reynard beaought al Of his noigh-
bors to cut on their tails too, alleging as q roa-
speeious claim for Clearing House certificates
has no basis. Tho promise to pay ono paper
promise By another never made ponny more to
do business upon. Tho whole Bcheme to me
seemed but plan whereby the financial mon
Bought to bofog tho people anu cover up thel1
own folly.
"Merchnnt" eays Of Moasrs. Blair and Smith,
"When all other banks arc gono, together with
their own institutions. aud, after thom tho tlnnn.
cial and commercial credit Of Chicago, are they
prepared to answer tho consoquoncos?" "Let
them consider the consequences" t&o., DO. &c
say I as regards those who wish to sustain q
selfish systein Of financial credit that, In tho end
must bring dIscrelit tand shame upon its authors