, 1874-03-14

+htA SdAltAo AoA "a FhH4A uHh ll'tcAN
nf t ,depositing, thom as security; and minded
t!ioir own blls!tlcAH, Tho Unileil atatea
l5ahK which lat varied oxtstonco Of It's own
1'ccnl'af order Bl1lco Wnahngton'a time, with
upH at'tl dtwnH, playod tts nart In making cur
ronoy for tho people,: But tho capital Of tho
country was with the l5aatorn State bAnks, who
iha1od tetr bills on tho principle Of Immediate
redemption III spoote, OH presentation at their
counters.
TIE ETA % Of IT. wkstES t} 1mianArioS ooo
Gnt G:nnoheoa anoue tils unso, from !820 to lH:o.
dns Eave apeoo'atYe east to o'1al1esH a1aits,
anu n1atin extra demand for money to do tho
pus.nona or tHo growing Wodt, where there was
1s ILL., caPllal OF Ms OWL RUG a1emooratlo party
Troa,donov X And,",y 49,, 1a", "''''o1 .ia. tnu
mn a,,,,,,ouaI - lave 'inil"uo'' ii i"i:1oe tnss
nf thia narty ,ynu in urnro,an, % u'to ,,,oa
iuios yhero thn Nntnan nnvor,,t ~, n,"'E d ,,t
oxpiint nrf,nnrv inrisIs"ro,, t.t mot
nnlor tie lontlorshin of .Inckaon' ,'rncIomcd
hostility to tho Uno statcs I,"n1. XII, no
1na1 a qsfs o t ss sds fycs" m o ts sHe IT. 1aah
State lawn. In tho end Jarlxson hJl1od tHo It'll.
Benton tstinpmsboi1 iImaof no III 'Jnn n",n,,n,,
OF mn oxuIusiyo arecfo nrronov ~ r. ~ H.
oucntion of Tia ncn,pcrstu, ..W, nai,'.n t1nsI
Money!" rio commercial part Of n;'Is-mnfS tls party
could hardly so that far, p ' paw
eano ;@ IN 1saa 40 nm ITS ono n IN o
nftor wo Ind Stnto hanks ~ fmorn Hi, H. "ul
Miasori XII M;ao,, "naa nmn W.a y aus un!o. ana
como into boinr, Thp warfaro ,mon , II" T1n,}cJ
Staies Hank All thn c,,cnmrooonont tuo s,on b
riyals of tn nntonn % io tnn - i. ioro',, ~
Of thcr c,,rromnv incod inctao, % o,,v;.oJ ~ ton,
i1ircolfv tn In " po,fon n,.,,oJ h;a a,na,au
onrroncv m nnrtv o,cation na 1nn, '1 10 ,,osa;
blo. Tcro wna crr cot m 80 aaa;mst III ri hot'na
md tho ,,,,corta;ntv II r. Mr ~ ' "1n
"''AN' 'NN'..t -. .IsPeA o"'AoI'oFa ni'o
crot;c don+r;,a 1a,e n Na4ia' a. no..u
,,eri";nn .''" Ill., s,otn ,n'a mn..o'.aa oanT Was
nxnandii1g ,i1,c h,,1,,,,o "md I'LL l;lo s' hnhis,'
l,ablo nt Mi times tn lu,rst' viii, thcir |ils
riof Thia was tbo ncrin1 annrnac1,;nr soiEN1 1RaH
Tho Denocrnta oncnnrarcs S,"a honEinw r. tho;r
i,1nt hostility to mn,,onnf;o.. md vat ihav Ia.
inantlod goci1rity to tho I;U,boIIcr. Thn hnn,.a
must furntaI, q guarantee tint tj,cy world mol
fail. THEY must cl,anco tbcir MIN Of doinr
business. 9ud 10 only ioS, tl,c}r b,}ia m NAe
Benton. all tho Tina. with II rinr of
hin partv. wns CRYING mt onfv fnr n
specie curronoy.-knowine that If hs
policy prevailed. tho Wl,ole brood of
national. Btato. ind securcd md froo bants
wonll rn tn thn wall n,,I fla cou,,tr,. 1vo1I H.,
decd hnyo a hard curronoy with r. yenrenncn.
Tho Democrats had their notions rartly realized
banks With nsllo securities IN tbo anme stato.
md also isolated bankH in other atntes, eio;nf,,
business on tho Democratic. ilen % to seo,re ]
Themselves IN thor innnn i,v rcni.cuia ato mari.
gages no Tint tho hil1.hnlders shonlI hn acr,,re.
Sufl If thoso ware Tia can,mnns"o1tt, n"nl, ~
Boston and tho Stato Rank oS Nriasonri T Tha
1attor wns cnifed nontnn's nanls and II was @
assumed t1,at It ham!scd rnon anacio nnI
mil m,t anac;o nvor ;ta "o,,n,nr j., Pnraforomcn
to its own bils. lint liz iii. cn,1d nj Ia jaI
oxcent hv tia asl,iup. VT tle n1n,ov.v;ao me,,
Of tint t,av ,lretnntod to he1,cva tIot ai 1ba
businouu If th;s connirv cn,,1d Ia transactod n
tho hnutllinr nf tho so.conG nrncinma netn,a'
California NH ;ta i roldon aauf1s y hnI mt thon
heen t,,oomod NJ. fIra1nnl1w sha nrorreas,vaa IN
this 1ino sottlatl down ,,non ~ 40
''@'O ,,,',.. "rSn "ss
,r;.,, oa,,x,4 L.. III, MhE isa,asn hnn@tHu, ,:.,.
NJ mtsn negn1y ~ 1nshet 20
""t aatA,o " t1 .o unssn y. nesntts. Aliu NJ
1an, ,,;t,, Iu ~, tn a"R, por1oMorn sleat iree
i,.a: "'a aa,aa. .n1 osss' unac:n 20 ma1 so'f. .i"6
uas s ~ y ouSnsJn4 III 'nahng niohoy,
,ras u.,y Jsp ~ ~ np'oan.s anenst a"u nula VOTE
,rorl, d;t7 Ta1,o, ,uai';,' ~ nyuY ;Y anu
,;tt1n o.m nv "eo ~ 1--WE, S4o o"ntlc'Pato 2
80 ~, 1ast W. nuu nun w. ~ oarrel
r,. ~ ~ Wn, rt ,sI ~ " 20 .o.oay1 poaa
In ha1f Ill aiava 1aorar @ ~ WIZ: . uron
oro er0 ana aootofa or Engla1a t West
a"npa oneu4s1'a'eo alo 4no'speco1atofs