The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1837-05-27

NOW, OIL tnlS SOrt Ol lraSl FIVE HUI
SAND DOLLARS have been issued by
the Borough of Potsville, and ONE HUN
DRIED AND THIRTY EIGHT THOU
SAND DOLLARS by the City of Phila-
delphia. What, in the name of common
sense, has induced the introduction of these
abominable rags! Is it the scarcity of en-
ployment for mechanics and labourers-the
high price of all provisions-or the insol-
vency of those corporations who issue theml
We apprehend neither. In the quaint
phraseology of contemporary, when ac-
counting for the evils which at present af-
fiict the country, they are produced by over
banking, over-trading, corresponding, over
living, over-dashing, over-driving, over-eat-
ing, over-reaching, over-cheating, over-bor-
rowing, overwhelming, over-playing, over
specializing, and over-acting, of every kind
and description, except ovER-PLoUGHING,
which alone is the foundation of society, 81
the cornerstone of civilization. 1t is, in
fact, maneuvre amongst the designing &
specializing worshippers of Mammon to de-
fraud the public and enrich themselves. We
might here readily suggest the question
Who DARE take them, or attempt to pass
them Would it not subject them to an in
dictment under the act of assembly prohib-
iting the circulation of "notes, bills, checks.
tickets or papers" under the denomination
of FIVE dollars Read the following, which
is the first section of the act, and after re-
ierring to our fourth page for the subsequent
sections, draw your own inferences
SECT. l.. From and after the first dav of
January next, it shall not be lawful for anv
person or persons, or body corporate, with
tee anefatlon to create or put in circulation.
a paper circulating medium, to issue. cir
culate, or directly or indirectly cause to be
issued Or circulated, any note, bill, check.
llcket or paper, purporting or evidencing,
OF intending to purport or evidence, that
any sum less than five dollars will be paid
10 the order OF any person, or to anv per-
son receiving or holding such note, bill.
checK, ticket or paper, or to the bearer of
the same, or that it will bereceiyed in nav
lnent OF any Gebt or demand. or that the
oearef Oh the same or any person receiving
Ut hoidlng the same, will be entitled to re-
ceiVe any goods or effects of the vaIue of
any sum less than five dollars; and from and
alter the said first day of January next Il
shall not be lawful for any person or per-
sons or body corporate, to make, issue. or
pay away pass, exchange or transfer. or
cause to be made, issued, paid away, pass
ed' exchanged or transferred, anv bauk
ho'e' blll' ticket or paper, purporting to he
aDank note, of the nature, character or an
pearance ola bank note, or calculated for
circulation as bank note, of any less de.
nomination than five dollars.
And we might also ask-Wbo v,,, ,.Lo
'llen' or attempt to pass them The an
swer' too, is at hand. None but that hete-
rogeneous mass of political hypocrites, who
nave hoisted the banner of "the Constif,,-
40" and the Laacs," & who in the face ora
ih'elllgent community openly violate both,
10 exhibit their disregard for either. Let
no one catch the felOn in his fingers by the
'ouch oi these polluting rags and let the
penalty OF the law be inflicted on all who
so wantoniy disregard its injunctions, as to
JON In the present bank crusade against >
gold and silver circulation.
1
anew post-ofiice has been established at