Maumee City express. [volume] (Maumee City, Ohio) 1838-184?, 1839-11-30
MAUMEE CITY EXPRESS.
SATURDAY. NOVEMBER, 80, 1889.

SATURDAY, NOV NEMBEt, ~, iooo.
BANKrNe--THE LEeisLATuaE.--fh
hw-naking body for this state, will soon
be N session, and two or three weeks will
bring us the message of the Goyernor--the
key note, by which all the financial move
,ncnts of the year are to be graduated. 1t
would seem rather matter Of supereroga-
ton to speak, by way Of prediction Of
events, ofwhich we are SO soon to be GER
tilted; were itnot that coming movements
are SO plainly shadowed forth by the organs
Of the party in power, that to mistake their
nature, would be folly, andto overlook their
tendency, butlittle better than madness itself.
Aside from the evidence which is daily fur
nished by the papers in the pay the admin
istration, the Wings have only to look at
themselves to discover the point towards
which their opponents intend to make their
strongest efforts. Where the Wings have
concentred themselves the most numerous.
ly, to eustuin some Of the time -honored
institutions of the country, there will they
meetin its strength the army of the admin
istration, bent on victory, at whatever cost 1t
may be achieved--an army, the perfection
of whose discipline, and the regularity and
efficiency of whose movements is evidence
that its motions are governed by some great
nd ,xba nh
lutte, and whose will is uncontrolled.
In this state, the Wings are struggling
to regulate the circulating medium, in such
amanner, as that it shall bear proper pro-
portion to the actual wealth and business
ofthe state. In SO doing, they are deslrous
of preserving, as nearly as possible, in their
original form,those monied Institutions under
which the state has SO long and SO success
fully fourishcd. It has been, during the ex-
istence of these institutions, that the value
ofproperty real and personal has been form
ed, the permancy and regularity of which
value, tits one of the main objects Of law
and legislation to secure. The law that
secures every man in the possession Of his
property, is but little better than dead let
ter, in a country where that property is liza
bic to be divested of large portion Of its
value by experimental Legislation, which
takes away the character of durability from
those institutions that have the most to do
with fixing its price.
Judging from the tone of the admins
tration prints, towards the banks, as well
as from the conservative spirit of tie Wings
towards them, the present Winter is to wit
ness violent warfare against the moned
interpretations Of the state. The States
man and Bulletin, both, we believe
concur in the denunciation Of the existing
banks, though the latter insists that their
place should be esupplied by the creation of a
new banking orcredit system. The States
man, on the contrary, is violent in its oppo-
sition to all banks and credit currency, and
denounces loudly and unsparingly all whom
its editor suspects ofhaving leaning to.
wards bank bills or trading on borrowed
capital. In the light of the Statesman
which is now the organ Of the party in
power, it will not be difficult to see what
will be the recommendation ofthe Governor
in his message to the Legislature; though, we
are disposed to believe that the tone of the
Bulletin in regard to this matter, is not as
sumed without the countenance of a consi-
derable segment of the Locofoco party. Il
this supposition should prove true, there is
ground to hope, that the most violent of the
measures proposed will not be carried into
effect, thougl, there is great reason to feal
that much injury viii be done, and that we
shall remain at the close of the session with
no better prospects than we have at pre-
sont.