The Ohio Democrat and Dover advertiser. [volume] (Canal Dover, Ohio) 1839-1840, 1840-03-27

| also, TO reduce the Wsges OF the poor
mans labor 30 that Ihe rich employer
may be able 70 sell his manufactures at
low puce. Now, sir, i deny tue cor
rectness Of both tbese propositions; and,
n the first place, !, for one, am no. ~
favor of establishing an exclusive metal
Ic currency for the people of this country
| desire TO see the banks greatly reduced
in number; and would, II | could, con
fde THAR accommodations 10 such loans
or discounts, for limited periods, to the
coGmercIal manufacturing, aud trading
classes Of the community, as the ordina-
~ course of their bu >iness might reu-
der necessary. lOsver wfsh 10 See Gsf-
mers and mechanics and profe ssonal
men tempted, by the facility ofobtsining
bank loans for long periods. to abandon
their own proper and useful and res
pectabIe spheres, and rush into wild and
extravagani speculation. | would, it |
could, radically reform the present BAN
king system, 80 as 10 confne it within
such limits as to prevent future euspen-
slons Of specie payments; and without
exception, ! would instantly deprive
each and every bank OF it's charter,
which should again suspend. Establish
these or similar reforms, and give us a
real specie basis for our paper circula-
ton. by increasing the denomination Of
bank notes first 10 ten, and afterwards
to twenty dollars, and | shall then be
the friend, not the enemy ofbauks l
know that the existence Of banks and
the circulation of bank paper are &c
identified with the habits of our people,
that they cannot be bolished, even Ifihls
we're desirable. To reform, and not to
destroy, is my motto. To confine them
TO their appropriate business, and pre-
vent them from ministeriOg 10 the spirit
Of wild and reckless speculation, by ex
iravagant loans, and issues, is all viii h
we'll regulated banks would afford, with.
out, at the same time, continuing 10 suf-
fer the evils which the wild excesses O.
the present banks have hitherto enIailec
npon the country, then should ronsid
er it the lesser evll 10 abolish them alto
ge,her. 1.-THE Stale Legislatures shsl
COW do their duty, l do not b.Iise that i
alll ever become necessary TO decide
n such an alternative.
We are also charged by the Senator
| IL 4
the wages Of The pGor mans labor. W.
have been often termed agrntluns OF
our eide of the House. II is somelhD.
new under the sun, to near the Senate
and his friends attribute to us desire I,
elevate the wealthy manufacturer, al ib,
expense of the laberlng man and tn
mechanic. From my soul, Irespecl tn,
iuhorlng man. Labor is the foundation
Of the wealth of every country; and tn,
. Tree laborers ofthe North deserve res
f pecr, both for their problty and their in'
f ,elligenee Heaven forbid that shoul,
do them wrong! Of all the countrie,
on the earth, We ought TO have the mos
consideration for the .labcring man.
From the very nature of our institutions
! ,.r wheel Of fortune is constantly re-
vnlvlDg and producing such mutations
~ prorerty, that tho wealthy man Of to
t9y nay becnms ine poor lhborer Of 10
'norlo~. Truly wealth oiien tckes Il
'Self wings and flies swsv A lare
'uoe rare'y lasls beyond the third gel
',h}jon, even il it endrre 80 long. w
must Bli know INSTANCES Of individual
,hged 30 tabor for their daily bread
whose grsndfa,hers were men of fortune
The regular process Of society woult
almost seem TO consist of the efforts o
ne class 10 dissipate The fortunes whic
hey have inherited, whilst another class
" their industry and ECONOMY, are reg
iiary rIslng 10 wealth. We have al
therefore, common interest, as it i
,nr common duly, 10 protect the right
# the laboring man; and If ! beleve fc
moment that this bill would prove ia
utous to hun, it should meet my un
qualified opposition.
i Although this bill will not have q
, great an Influence as could desire, ye
as far it goes it viii benefit the laborin
man as much, and probably more. ,ba
c any other class of society. What is
he ought most to desire? Constant en-
pIoymeut, regular wages, and uniforl
b reasonable prices for the nscessaries
|, comforts Of life which he requires-No
!, sir, whst has been his condition undI
our system of expansions and contrac
8 tionsl He has suffered more by thsr
= than any other class Of society. TT
4 rate Of his wages is fixed and known;
8 they are the last to rise with the increa
4 ing expansion, AMI the first 10 fall wht
= the corresponding revulsion occurs. 1
@ still continues 10 receive his dollar p
e day, whilst the price of every artic
Q which he consumes 10 rapidly rising.
. IL at length made to feel that, although
A, a rn.a,k d.