[526] Marryat, 2d Series, 176.
[527] Woods's Two Years' Residence, E. W. T.: Thwaites, x, 325.
[528] Niles, xiv, 2.
[529] See McMaster, iv, 287. This continued even after the people had at last become suspicious of unlicensed banks. In 1820, at Bloomington, Ohio, a hamlet of "ten houses ... in the edge of the prairie ... a [bank] company was formed, plates engraved, and the bank notes brought to the spot." Failing to secure a charter, the adventurers sold their outfit at auction, fictitious names were signed to the notes, which were then put into fraudulent circulation. (Flint's Letters, E. W. T.: Thwaites, ix, 310.)
[530] Ib. 130-31.
[531] Faux's Journal, Oct. 11, 1818, E. W. T.: Thwaites, xi, 171. Faux says that even in Cincinnati itself the bank bills of that town could be exchanged at stores "only 30 or 40 per centum below par, or United States' paper."
[532] Flint's Letters, E. W. T. Thwaites, ix, 132-36.
[533] In Baltimore Cohens's "lottery and exchange office" issued a list of nearly seventy banks, with rates of prices on their notes. The circular gave notice that the quotations were good for one day only. (Niles, xiv, 396.) At the same time G. & R. Waite, with offices in New York, Philadelphia, and Baltimore, issued a list covering the country from Connecticut to Ohio and Kentucky. (Ib. 415.) The rates as given by this firm differed greatly from those published by Cohens.
[534] Ib. x, 80.
[535] Sumner: Jackson, 229.