The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1841-10-07
Erom the Cincinnati Enquirss.
INDIVIDUAL LIABILITY.


"'rhose who clamor for making slockhold-
ars Of banks individuality Responsible either
DO NOT KNOW WHAT THEY ASK,
OF they ask what they knOW to be impractical
bic, for the purpose o.! extermnating banks
Cincinnati Republican.
Such is the language Of the more immedi-
ate organ Of judge Spencer, and Of the Fed
eral party candidates.
s.1hose who clamur for making bank stock
holders individually respOnsibIe, KNOW
NOT mhattkey ask!!" indeed Truly, this is
a high note. The organ Of Judge Spencer,
Tho mouth piecc Of the federal party leaders
-.te the great mass Of the people of all par
ties, who demand this principle who ''cam>
'or'ifoE il, forsoolh --lhat they are lgnoramnsr
es and nincompoops, and dOu't know what
they ask II is indeed kind Of Mr.. Vaughan TO
enlighten them there.--Mr Vaughan. pro-
found lAwyeE--a most learned siatesman--a
h0ary headed tUisedCre,-how kind Of him TO
enghten heignoTant multitude!
These people know that as partners IN mer-
camille. manufacturing. or other business, they
are individually responsibleto the last cent Of
their property! They know that, as debtors TO
banker, they are held to the last farlhing.
They know that, in all their relations with one
smother they they are bound IN every suvre
thew are worth. Some Of lhem at least, have
been taught, that the Theory Of our Govern
msnt ipcucates equality equality.
We have had severe praclicaI lessons, too.
! Banks have burst The notes Of banks have
fallen dead in our hands. We have been
fleeced and robbed Of our bard earnings. And
while oppressed and ground down BY the agen.
'cy Of bankers, We have seen these same bank
ers wbirl by in their splendid carriages, -flou'-
ing tho dust in our CaceS-seen them living in
Z fine houses, dining on sumPtuous fare, aud
smacAing their lips over sparkling wines,
rnd we have thought and venture6 10 ask-nay
TO "clamor" if you Ike--that these men should
stand on equal ground with us, and be held in
their carriages, their houses, their sumptuous
living and fine furniture, for their debts, as
She rest Of US poor devils are held IN what Its
1le properly we happen to have Heaven help
US for set offools we kaow not what 10 ask
eor are dishonest in asking ID
Bsnking, says our sage instructor. is estab-
Iished for the two-fold purpose Of bringing cap
ital into use and i6cr asing il by the issue of
notes Hence those who confer such nestlma-
sbls blessing on community, should have ex-
empiiOn from common and vulgar responsible
lily. For this intelligence we should be pros
fouudly thankful. II assures US OF the fact that
bankers are actuated solely by brnrvolenre
and patriotism, with no selfish !ongngs, no
avaric ous desires for themselves. Set II down,
hsnceforh, that bankers petition the Leg'sla-
ture for charter only thst they may turn.--
the county with capital, and have not thought
of making money by their business Then if
some clamorous person should suggest con.
strary Letion-should dare 10 say, that by mu'-
Hlpying their promi es they multiply their pro-
fts--that they fix values price labors-feed
Et, and swell out largely with full pockets and
"vesied rights" and that they ought TO be
checked and strained, and reformed, until they
are brought upon the broad ground of equal
responsibility, both as a mailer Of justice, and
TO secure the immense interests which ihev
C, 1rol,-why, just tell him tba, he's fool
and don't know what he asks, or is dishonest
iaskng Il.
This will set all 'csmo,' al resi. Men will
dit bless believe they are fools and asses
when they onders,auduPon what weighiy au-
t1ofy they are called 80! Il will restore con-
z Edence,' moreover men will rely entirely upon
bankers hereafter, being Informed that they
nave but the single aud patriotic, motive Of giv~,
ing lis poor eetfs currency, will be a.
bnudanlly willing that bank shall blow up
oace every three monhs, in order that tts
managers may huyin IFS notes si ten cents on
the dollsr, and soaodemnfy themselves for any
loss they suffer 10 their patriotic and beneyo>
lent business. They "h be willing, also that
their farms and houses shall e mortgagcd and
their taxes doubled, in order that the State
sha9 become partner with these paHIolic end
benevolent bankels,-,hs, the latter shall be
irresponsible managers Of the partnership con-
ceru, aud pocket all the profits, while the
State and people pocket all the loss and take
all the responsibility 0uIy call the people Of
this country fools and ignoramuses, and con-
vince them Of i. BY telling them that you have
The authority Of Judge Spenget's mouth piece
forIso saying, and you can do almost anything
with them. -
KEEp m REFORE THE PEOPLE.