Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-08-24
SUMMARY.
From the Albany Argus.


nine millions Of dollars, in loans, every
little ofwhicb," according to the report
ofthe committee which examined the
bank, Consists Of mercantile Paper"
At the last meeting of stockholders
Mr.. Duane, much to his credit. moved
for the publication of the names Of the
men VINO had obtained twenty.nine mill
ions ofmoney belonging to the Stockh0l-
ders, many OF them widows and orphans)
and vino now refused to return it, This
proposition was voted down by bare
majority; and the names of those who
ruined the bank are kept concealed.
! If this list could be published, it would
disclose the secret springs which move
many of the leading politicians at Wash
ingtou and elsewhere. Many Of the men
who now threaten TO lynch President Ty-
Ter # lie does not sign a Bank bill, would
iftheir names were published, be shown
to bave a noIe or draft offily or one hun
dred thousand dollars among the asse is
of the old Bank, which they design TO
keep along by discount at the new fiscal
agent. Hence the desperation of such
men for Bank to regulate exchanges.
President Tyler, as chairman of the
com ultee which examined the Bank, had
list Of some Of those patriots in 1882,
aud ifhe possesses the spirit Of a man,
he will not allow the persons who have
robbed the widow and the orphan and ru.
med the old Bank, TO deter him from a
conscientious discharge Of his consiitu-
tional duty.
MONEY MARKEr.-I'he New York Ex-
press says.
"BolI the State and General Govern.
ments are in the market for loans. In ad-
dilion TO tbs, our city Government is
constantly IN the market. 1t is under
stood that the Secretary ofthe Treasury
will not want at this lime but million
and half Of the twelve million loan.-
Propositions have been sent TO this city
and 10 Phlade'p phia for this portion Of the
loan. What the rasult will be is no,
known. Money is abundant, and if the
loan had twenty years TO run, there would
be no difficulty; but as it is redeemabe q
in six months notice, it will operate as
an objection 10 investment. The Banks
take Treasury notes freely, and are glad
to employ their idle capital in this way;
but this description Of paper is getting
scarce.
The New York American says the
same thing, In what light does it place
the Wing Congress and Administration
I in contrast with the sensible and practi-
cable policy Of the Democratic partly
Treasury notes we're issued under Mr..
Van Buren, to meet the eSigences of the
Government. They were esteemed
great convenience in the commercial cir.
cles; but sill the Wings denounced
them, whilst they also denounced the
Administration as hostile to commerce,
10 credit, and the productive pursuits
As a matter OF course they must try to
supercede them when accident places
power in their hands, and in the attempt
provide for Government loan which no
one will take. AT the same time the
Wing press coniesses hat money is abun-
danl, and'Freasury notes are taken freely.
The conclusion is irresistible.
The Lancaster lnteligencer tells the
following about "going back to frstepri,I-
ciple8."
"A good one is told of Mr.. Profit, a
rproIrng "Whig" from lndiania, who
some days ago, while deploring the down
fall Of just.viGtorious Federalism, remark.
ed that the only remedy was ''to 90 back
to first principles" On beng asked by
FREUD what they were, Profit, who IS
reputed TO be quite wag, after little
reflection, remarked, almost bursting with
laughter-"Why, Tlppecanoo aud Tyler
too"
And the New Orleans Picayune, near
" as good one, in relation 10 the secu-
rily Of money. The fn'ntial opera ton
spoken Of conld be performed here ev.
cry day; but we fear the purchaser
would be the lUseE even at four cents on
the dollar:
IAN old gentleman from The north part
Of this State says he can bear testimony
that tho "good times" promised by the
Federalists have returned, and no mis-
take. "What's the use for you Demo
Gratis to deny the fact" says he, "wheo,
up where live. cat buy as many bills
Of The lank Of Gas please at four cents
on The dollar!
GovERNoR's ELECTION. Anti. |
resses seem to think it highly
necessary to make extraordinary exerlion.
in the approaching Governors election, |
most Of their labor is expended, howev.
IL, in abuse Of Governor Porter, and Of
curse is barren ofresulls.
Nearly all the ISLANDERS with which they
bounded in 1898 are revived, as if they
ouid not remember the signal rebuke
hey then sustained in the result, and
he triumphant yindicaiton which was