Columbus Democrat., 1841-08-07

1uim1euu-tN so; every one - euhtT comWtNA
md totally unconstitutional OF 1t Is enatels con
Ii our agents have out wui,sn trfc
on, bv which trey shall he governed IA making
i law. thew are s, mlch bound ta observe tAt1
rtga>Hiua as they arr o. he governed by enc or
aoy part 81 taen. e. .rom tie people tbey let
lbeir 1uAarir and respecting laW T. pledge lAe
State tot borrowed munry, they ATE allowed no
discretion ,teyege told, and ibe void - told,
,ha, they shall not act contrary to the mods eN' 4
pte>,iy stated IN the cousuulton, aud taS II 'hts +
dc, their acts shall mt be binding.
The Supplement changed lbe conditions and i
6abaoes entered into hy tie people, and made lht /
law different lfam that SANCTIONED hy them. Uf-
der part a Tie original dHi as saoeiyned by tie
people, aud ether patS 81 i Altered, and rt"
sections rautnulng new aud different cordtuon,
ouG itabdtes attached 10 il by the supplemental
act, the bepd. were issued and sold. Ao~.as u
j. acknowledged that this bhl IN ITS present tafm,
vas never submitted 10 aud sanetoa,d hV he
people, and cuuSt quenilY vas not IN accordance
wlth lie constitution, tie Governor "as not aa'
hmised to issue the bonds; aud he, having acted
without Authority from lhe peorle,and N siolauon
ct their positive dttctlouS, = hulsttt individually
liable Tor any damage Il e oondholdtf may 81, tam.
and lt you ul,h il, wl leave the members otite
Legislature who participated, aud the sloekho.
defs, 10 fight their own way out OF hike individual
/ liability. But protest against the State being
made liable as a stakeholder even; because, tie
\ law aulhorIsng the loan Of the i've millions sub
sctbed Cor stock, vas mol valid, Il gave no legal
authority TO lh, Govefnor 10 borrow money io'
/ that Of any other putpo,ennr 10 buy the stock ior
the State. The law, TIE g,ouudaotk upon which
tins loan and stock purchase was II be Hadt, be.
lnI uusuund and OF no lotee, the actions Which
have grown out OF il are invalid. The alterations
made ~ the law BY The supplement, and The larh
OF subsequent sanction o. II AS thus alttledby thu
people aud succeeding Legislature, making u'
law unconstitutional and VOID, 1t gave no legal
existence 10 any persoa ot act whatttet 1t gave
no authority to he Goyem0r 10 issue boud--nu
he TO co,nmlssionets--uo existence to corpo-
fue body.
know lhat some If YOU will say that must
be clthtr crazy OF ioollsh--that every body u-h
10 know that Backs, Commissioners aud Dtec.
tots, can be created by virtue Of an act passed by
but one Legislature. Very good--ruppose the,
can, does that show that there is no kind II q
back that cannot be thu, established a bank
established on the cltdu oI itp stait, and a bank
established on the tuud- Of individuals, are differ
enl tnlugs. establishing bank on the crtdi
ol The Safe, the iailh o the Stale has 10 be pied
ID, ard therefore lne Whole law to be made ol
The subject comes under the PROVISIONS IN th
constitution,
, be- Union Bank law Of charter is iaw pur
9qiaR a59R i Z gs&Re gJs }1e u pfSbus bu aS s S ac6
well as q asau,t pledges lor other purposes wllhou
the peoples conseut,ie constitution vas made I,
embrace the important section 50 often telert'
h..
II he Legislature propose 10 p dGe the lalll
; OF the Slae ol tho support OF bank, 1t Is Ia
. more important that the people know he P'on,h
i porcrs, dad erey miaaha n relation to II, lhat
to know the name Of the thing they are asked 4
support 10 euaDe them TO know tie condition
j uNun which their LIABILITY ~ 10 be created I
, enable them 10 know lhe powers, plan aud AZ
ranaeuens concerning TIM, bank before bey con
sent, every scctoo, Yan OF secuon, aud ever
y word oi all the law on the SUBJECT must br put
= hshed You 1uoW vcn well that the dewsels {
e The cons, Iunun aere vciI aware how taIous pe,
i pie are u der nights, and that n0 people Woa.
% consent 30 pe taxed lof tHe pnposc q f ,uan "a
b aUauu,cd by thtm and tbut Hry "uud ucY'
ID caR.eut 10 mpley', baug borrowed "H ttrctr tu
, Dir, except after becoming SATISFIED ot ta pfopa'
ly. Aid VOC kunw .At 10 ebaDe }Af people
i8l1e lAe pfoplely fl borrowing money, III.
mr. zee a ar Mw lulrrd,d 10 be II de on d
subject thai lney may calculate al The adaaol
de b. a.. 4