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Mr.. EDITOR


/ have noticed of late the great excitement
that seems generally to prevail throughout the
State, in relation to the exchanges of the
country, and the enormous discount, made upon
Mississippi money at the very doors, nay, coun-
tiers of the Banks that issue it. That the
Banks themselves should have an agency IN
producing this state of affairs either directly or
indirectly, by entirely withholding their ex-
changes or selling it in other markets at higher
premium, and there purchasing their own notes
at a great discount, would, to casual obser-
YER, Seem most improbable; yet, such is the
fact Yes, the Banks, the Institutions char
tered by the Legislature Of the State, for the
express purpose Of supplying fair and regular
circulating medium to answer the purposes OF
the people in carrying on their ordinary business,
have lost sight of the great object for which
they were created: thrown off the restraint OF
the law imposed by their own charters, andre
Oardless Of that power to whom they are ac-
eountable, trampie in the dust, the best inter
ests, and | might say, dearest liberties OF the
whole country. In proof of which fact, sub
ioin the following letter, leaving blanks, sent
to gentleman in this place by firm IN Mo-
bile.