From Thompson's Bank Note Reporter
February 1, 1848
64 Wall Street, Jan. 26, 1847
We have touched bottom! From this day, Upward is the word. Money is easier—hope brighter—stocks better—exchange lower. There will be no more banks breaking—no more specie shipping—no more panic. The bears have had their day; now for the bulls. Every thing has been down, down, for six months; now we will go up, up.
—•—
DELAWARE BRIDGE
It is not in our power to advise, understandingly, in relation to this Bank—we do not believe it will be resuscitated. For the present, we are paying 40 cents on the dollar. It may be better, and it may be worse.
—•—
SUSQUEHANNA COUNTY BANK
We are paying 50 cents on the dollar for the notes of this bank, and there appears to be some demand for them.
—•—
January 13, 1848
J. Thompson, Esq.,
Dear Sir — The absence of your Reporter, reminds me that my subscription has expired. I enclose $2 for the weekly, one year in advance.
You will render the Banks and the public an essential service, by publishing the names of the publishers and all persons connected with "Mearson's U.S. Reporter," that they may know who to present to their several grand juries. Their attack upon this Bank we regard as harmless, but the motive of the publishers should be made public, and be punished.
Yours, very truly.
The above is addressed to us by one of the best Banks in the state, and we cheerfully comply with the request, and give as the publisher, the name of George Mearson, Printer. We would only remark, that while the attacks of this man upon Banks are harmless, his praise would be damning.
