, 1875-08-20
THE BANKERS.

nnuaber Of tho leading bankers and asked theif
op"s.,a op eho,ho, sns ,no,snso ~ ~. ,o-,, ton.
daea ~. ;sona +,',,d ,a han.6.,;s, NJ 7 1rv;,o
oel 'Ee"o "ou'o W 1oaot.eia' ni1' - t.Fi"s
Pehtco, ffes'dont OF the Ihlrd Natohal banks
returned decided negative.
, .,,.1. o,,.,h,,k pno n1.x.nt h.rk,nv law
= o'nk'o IT.. 80 ..:.'- a.. 80"
soppnos amp'e iac'n'loh 'ot lacfeae'oe 'oo CUT
raoov whenever tbs "snta OF tradc Will require
oufremonta NJ business.
poao~,.rN rNno en-, tb,ut rssonne,on ,o1cha In
.',,.,', ' l.. % ~ .,.s ~, ~.
safely accomplished " 'ao t'mo n1oa II 'no 'ass
Mr.. pea1co---s1y opinion ia that II Tho nnairs OF
tho Goyerp1nsnt are doceutly managed 1t will be
80, =. .oa,.,a ,h.n Th,ro .1,,,,i h. ,.r,,1v-
i."o' ~ .osne -ts...,,S.s ~. #. ' .
back to par gradual movement, but have seen
auotuations of 10 per cent In ak months or =
go ~ h,.i,.s. venl n, rerc,thctc.a. The
49, 49,. s,ss .ond ,1,,r,.,.,~ ho ro.;, NJ ~
treasury notes fnoalo ultimately y" 'o'''o W
tho last dollar. Tie Government nas no moro
right to be dishonest In it's dealings than
tho Individual. ~ long " it promises TO pRy,
aud docs Lot do IT, It tlishonors its papor. The
gfeouback III h legal tender as War measure.
Maintained iu 4 tttne Of peace, tho gzesnbhek
becomes lie Oh its fAco. Now ii the 0ovvrn-
auat IL not ab.o to pay Its aeb.s. lot il aay when
dabtodpeeB, aud pay tLenl interest while it keeps
tbc,s money,
convertible 3.Gd-bond Hche.no
A1s. Pierce. tho thing IL 10 ri1icnlona that It
is not aorth talking about. II Govcrnmsnt IL
gu3ug to run tho bInk.uI business it Wall open
understand what Kelley ~ sitter anyhow. lie
talks Of the gao, ,000, 000 year paid to tho banks
for tha Estiouai bank circulation. ~ It il were
&k.n Ill In
Tseaaury rutea eub4lltntci, would tlat lcpeelt
tho amount 10 bo paid Oh tho bonds nov de-
posted hy banks ia the obligation OF
ii,o Government ,nn7 teas 10 tho banks than to
tha individual boudholderf Tie $2o, 100 QUO d
year will haye to he paid On tho bonds whether
sLsy 40 IN the custody ot lilo uoyceumeat OF IN
tic hands Of tho stockholders Of tho bank. and
talks tai r greas dsai aOo,. lie poor ,asu but noSe
| Of his schemes are calculated to help Inn, but
ale for tue benalit of specuetors and atocx aud
gold gamblers. Tho "de'stus ciaas" iS Hot
profeps to 10 eilE.edged. II they tail ia their
| Hcuenies, they hayo no mora ciaitn On tho los-
] ofnment than mau Who has been buntoct. In-
| hat,on would send prices ktinR up, and The
Naoes Of tue poor man would follow worry slowly.
i believe xaa read out ~ ono Of iAe Vice
r1eallerts at Kelley's meeting but bog leaYe
| to 14Ter With him,
| MI. oooIBAuau.
The reporter then casal upon a1r. ". r. Cool
baugh, I'rosiaent Of tho Union National Uauk,
but tbat gentleman declpod giving Ary exp1es-
sion to hiiH opinion at that time a. 10 intcnas to
| lar blu views before tho public IN smother way
before long. The reporter tucn called upon
I'm. LYMAN !, oAoE,
Cashier Of the First National BANK. Mr.. Gage
~ss very bugy, hut managed to A1swee tho to-
| porksf'e quostipus ip tue Intervals OF fuuuiDe
HeportsrEWhat do vou think Of a ino, case
of the papes iasua La lie pleyent condition O.
agrsIrs :
| hir, GaRo-It would be very fnfudtcIous, II
| IL. --,.I