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Monetary. The following communication, upon the recent Bank excitement, has been handed to us by a friend, for publication. Of the justice and appropriateness of the points made, each reader must judge for himself. Rumors have been afloat for several days prejudicial to the Warren County Bank, Penn; Erie City Bank, Penn.; Bank of Newcastle, Penn.; Rhode Island Central Bank the Exchange Bank at Bangor, Maine; Hartford County and Hartford Banks; and on Monday the Banks of this city threw out the issues of those institutions. The result was a panic among the holders of those bills, and the Bank of the Capital relieved them of their alarm at five per cent. shave. We were unable to trace these rumors" to any reliable source, and our Eastern exchanges contained nothing which wouldjurelly the suspicions set afloat. Under these circumstances we thought it unwise, by a publication of mere rumors, to discredit the character of Banks whose paper was in circulation in this section to a considerable amount. It could have no good effect certainly, and the result of the publication of these rumors by other papers was, to give a sort of authority. to them which created unnecessary alarm. It induced the laboring man, the mechanic, the trader, and all parties to part with this currency at a shave and our Bankers laughed in their sleeves at the rich harvest it was bringing them. We have no sympathy for Banks, but we cannot see the propriety of newspapers discrediting their issues unjustly and unnecessarily, to the disadvantage of the public. Private speculation may be the motive, we can conceive of no other. We should like to see the Constitutional Currency, gold and silver, displace all the small bank notes in circulation, but this era we do not expect to witness until some general commercial revulsion bursts the paper bubble and forces it upon the country. The N. Y. Tribune of Saturday last, states that the Exchange Bank of Bangor, Maine, had been thrown out by the Suffolk Bank, of Boston and it was rumored that some parties at the West had purchased it. The Suffolk is the redeeming agent of all the' New England Banks and its being thrown out is unfavorable to the credit of the Exchange Bank, although no evidence of its failure. [For the Sentinel.] THE CRUSADE AGAINST THE BANKS.Some extremely wise financier has the following in the commercial column of the Journal this morning as a communication INDIANAPOLIS, Dec. 22. EDITORS JOURNAL I notice in your monetary column that some interested party speaks of rumor being afoat in relation to Hartford County Bank and Hartford Bank. Any person with a thimble full of brains would not suspect the Harrford Banks; and to classify them with such concerns as the Rhode Island Central and Erie City, is ridiculous in the extreme. Has this community forgot the losses on the "Valley Bank" at Hagerstown, Maryland? A friend to good Banks is quite adroit in placing Rhode Island Central and Erie City in such good company. The ear-marks of the above are unmistakable. Its author is one of a few that are left of the wonderful genius's of a fast reced. ing generation. He has more than a "thimble full of brains," no doubt-an ceertainly more than a bucket full of impudence. But there is none wise as he,and he thinks no one other than himself has any right to have any opinion of money, Banks or business. He comes down on those'concerns', the Erie City and R. I. Central, with his fiat of doom. He has probably forgot a certain "concern nearer home, that, a few years ago, suspended specie payments, and drove its creditors to rely on its promises a year or two, or get nothing. There is "snobbism" in Banks, as well as other places, it seems.
