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the power vested In them bank directors suhicient
to feel convinced that there not many dangers In
every movement made contemplated by these nsttu
tons The destruction Of United states Bank, or the
defeat Of party favorable to chsrering an institution
similar to the DID, have not completely removed the dan
gers with which financial or commercial classes
surrounded. There Is atYemendous banking power
still in exsteAce, which may produce evils great
those created by the combined strength Of all the banks
in existence in $780, Our local banks jealous Of
each other they mutually Of the old United States
Bank and this rivalry may lead to very great expansions
We find that the banks Of this city have within the last
few months, increased their operations very much and
this increase carried through the country would create
many evils.