, 1876-02-22

tt1on "a tltcir dcts and they viii bo paid dollar
for dollar, because tho people can and will main
tain llo city'a crod,s. In conversation With =
lawyer Jes!srdav, tho former said 10 Tn1HuSs
ro,ottor. "Why.
coLvrs nAs nErT conx'zAsr
Of tho fact that theae eerlitcataB ~ere being
illegally tssucti for nomo time past; but what
renleay havs Hof II tnonsy ~ % aos s sosthonns.
might bo good thing in isrolf. would tlavo the
clYcct Of throwing lie city Into state Ut
anarchy. Eut this Illegal iusne should 30
hesded OF u once. Any @ person T.; little msanls
payer, cou.u 40 into court Of law and AHk for
an Injunction roatfantug tie payment of tho
ccrtincatoa, and have no dnlbt but That tho
rcguchs wonld DO readily granted by q court onf
'aw, thought might work ruin to cb.caso's
credit
A TutauxE reporter WIS ldtailed yestsrtlay to
gnt number Of private bsnker.' ve"n on ths
boon shaken in any way In city certificates by
tho disclosures made. 4 number Of our bankR
hold lnrgs amonnts Of theso coftlAcA.es
III which thoy havo !oveHsel tl.eir surplus. and
la said to hold iu tho neiKllbothool OF e4o0,0u0
worth Of them. However, they said no ono
need fear, or part With t1Ism ~ a discount. a.
they would ali ho paid dollar for dollar. but 1t
was worry doubtful II etaps would not bo taken
10 prevant further Issue,
The TH1RuNE reporter called upon
MEHsBs. John II. wAExx 4 CO..
bankers, 98 Washington street. This firm has
bought them Oh orders from parties ia The Ehss,
Hstu the reporter to Mr.. Wrenn "Uid.you sec
tho article In Tmz HuNDAr TRIBUNE qucsttonlng
Tho s,,, loEs!y s1s of city ''f'a''to' issued ''ne'
iii. Wrenn-yes. aIr; ! eav 1t, and concur In
tho y,o,ya takop by THs TRIBUNE. em no law
ver. but yonr paper brings out somo mighty log
icRl fscta which look to me ~ though they would
n.-Wii you stop dealing In theso certificates
now7
Nr, W.-No cir. NO conalder them good, be-
cnuae Va trust tho people, aud nos tie office
n.-IIaye you many orlsrs noye
Mr. W-WeIl, no !: not 20 msny since these
reports not into circulation; bnt whether cspi-
tajsto hare rot scared or or not, don't know.
U.-WoulI you be II, aid 10 buy them on YOUR
orn sccn1,nt ?
Mr. WA. cir mt At ILL., o,orcd A nr,ea
for gouo today, hut tho psrttct profcTred 10
hold On. The fact 10. / think that these cert,h.
for dollar. for Chicago has snple means to pay
hor dahts. II sho las not tho ready caah fust now
Ms, i. Q. sLAuonTEu,
No. 1856 Ctnrk street, aleo perfectly agreed with
Tng Tn1nuyr "bnt,n said fyo. IT Would rather
have tbyso city certificates than tia naper somo
banks and bankers nre buying on tho Street"
U.-Thop YOU thlpk The certtllcstes viii be
paid
Afr. 81 do, most AR5nfed3T.
K.-You deal extensively in these securities, I
bolioyn2
Mr. Nit int now. would nat ouYcbane
A fntro nmount 0r them At proeent because
might not bo able to realize on t,om when
wouid neetl tba money. Uut, in nv oninion.
tlloy are rood aud snfe Investment, Treaum.
inr thev aPo rnn down 10 D5 uuon tho strepetl,
Of the Tsnorte now curront. puanje who hays to
pay ta1ea viii buy them 1t, for tlio purposes and
saye rer cont. $1,000 '''f f~0'
H-iJow nbous CbIcaross c,edt7
Iii. B,-1t ia rood. Lut sl,e ia having mn out
eldo rnto Of inlornst. Hoston rays hit i per
cont snd lar hands arc ouo,ed At iii, md
| Chfcaco cerLi1raten abuujd rank noarly al high.
believe tLey viii ali bo maid, lLoup, some NAV
| run rhnrt tino boyond tIlcir mhturlty. or now
| oneb bo Issued In their ulacc,
| NH II. aDsrr
had roau the editorial. and know Il wan true.
| Io woud bny city caI tiflcatos. Int thn TACT wan