Our Frankfort correspondent writes, on the 18th instant-
" A long list of bank statutes has been published at Berlin, where an official description of the new bank-notes appeared a short time previously. The dilemma respecting addition made to the national debt by the new issue of ten millions of dollars in notes, is evaded by a paragraph in which the Government expressly denies all guarantee on the part of the State for the sum thus issued, beyond the part subscribed for specially by the Minister of the Finances, amounting to two millions of dollars. The new bank thus assumes the anomalous position of re- presenting the interests of a company of individuals who are to be responsible for mismanagement, and yet whose officers are all to be appointed by the Crown and to be removeable at the Royal pleasure. One-third of the amount issued in the new notes is to be withdrawn from the present circulation in bullion, before it is known how the public will take the paper money. The downward look of the Prussian funds is as mach ascribed to this dangerous experiment as to the state of the money-market generally."
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