Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1840-09-30
rom the Globe.
aTHE CREDIT sYsTEM.n

-Four of the mDpr branches Of this sys-
tenn have Just fallen from the trunk in
Baltimore: The Baltimore Saving In
s,itution, the ' Patapsaco Savings Fund.-
and the "Ciiy Trust Company" have
stopped payment. This is moi a stop
page of specie payment; for we believe
they all promised to pay in nothing but
CORPORATION promises; but it is a total
failure. We have on hand one Of the Pa
taDsco noies, which read as follows, viz;
TWO.
No. 255. A.
TIE PArApsCo SAVINGS FUND WILL
nan the bearer TWO dollars on demand
alder Office in current BALTIMORE notes.
June Isl, 1910.
L. F. COOKE, President.
Q ]. PENNINGTON, Treasurer.
To garnish off the humbug, il has pic
ture Of the "Declaration of indepen-
dence'' on the top, of WASHINGTON OH
the left, of female on the right, and of
another at the bottom.
Would that Washington and Jefferson,
and Franklin, and Hancock, had power
to anhihilate the knaves who make use
of them to recommend these paper cheats
to too confding people !!
This promise was made only three
months ago--made undoubtedly to be
purposely broken T! Probably the work.
ing men are not cheated by these small
concerns out OF more than A HUNDRED
THOUSAND DOLLARS. The good
WING farmers, mechanics and laborers
will forget it in week, and hurra for
its authors, their cabins and cOonskins,
with as "generous a confidence" as ev-
er u |,3'a
We annex an article from the Balti-
more Republican, showing what party
is responsible fDr tho issue of these
fraudulent promises, reminding oar
neibhbors, that through tho firm
ness of Democratic Congress, our far.
mers, mechanics, and Iaborers are paid
all small sums in hard cash.
WHO ARE TIE sHINpLAsTER PARTY.
READER, JUDGE FOR YOURSELF
HERE ARE THE FACTS.
The Legislature of Maryland is COM
posed, as is we'll known, of the members
of two Houses--the members of the SEN
ate, and tho members of the House OF
Delegates. Last year, the Democrats
had majority in the House of Dele
gates OF 10, and the Federal Wings
majority of 3 in the Senate.
Now let US look at the facts. On
reference to the journal of the House of
Delegates, page l7s, is to be found the
following:
"Mr. Spencer, "a Democrat, and now
one of the Van Buren, Electors,) chair
man Of the Committee on the Currency,
made a further report in part, of a bill
entitled IAN act to restrain private Bank
ing, and to prohibit any corporation, or
individual, Or association of individuals,
from issuing any paper intended to circu-
late as paper currency"
This bill was taken up and passed by
the House on February the 2Slh, (see
journal, pages 1868 and 3Gl,) and was
sent to the Senate 4th March, (see page
40t)
NOW LET US SEE WHAT THE
6rWHlG SENATE-ErO DID.
The bill which passed the house was
called up in the Senate, March 2Oth,
and relocied by the following vote:
For The biIl.-Messrs. Ely, Evans, Mar
tin, Mausby, Scott. Oty- ALL DEM
OCRATS.
Against the bill.-Messrs. Potts, Beck.
etf, Donoho, Goldsborough, of D., Mag
ruder, Pratt, PurnelI, Stewart, Turner
0. or ALL WINGS.
Now reader, here is the evidence, such
es no man will dare deny, that the Dom
ocrats did pass a bill in the House to pre-.
vent such swindling establishments as
the "Patapsco Saving FUND.- from rob
bing the community; and that now, in.
stead Of having our streets covered with
miserable shinplasters, had the Wings,
who had majority in the Senate, passed
the bill, we would have had good cur
rency. Let the poor man, and woman,
100, who have been swindled out Of their
hard earnings by these villainous estab-
iishinents, visit upon the heads of the
proper persons the scorn and indignation
Of which they are deserving.
There are facts which cannot be gain.
said, and we ask the refecling portion Of
the community to ponder we'll upon them
before they again entrust their interests
in the hands of Federal leldsfS, Let
these facts be spread far and wido--the
light Of truth should prevade all sections
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