Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-02-15

passage ut the ulI- ~
Mr.. Cooke moved TO recommli me n'll
IN ,he committee on BInks aud the Cur
,,ncv. with instructions 10 amend The
same. so as TO insure a better security,
for the faithful performance, and impair
i,I action of the receivers, and Bank
comm ssioners.
Mr.. Couke spoke at great length in fa'
vor of his amendment, declaring that he
did not make the motion, TO delay the
proceedings Of the House, nor TO embar'
rass the bill.
Mr.. Byingion spoke as follows
have adhered, Mr.. Speaker, TO the
determination which | adopted at the
commencement Of this debate, TO abstain
from entering into any argument, in rela-
tiOn to this subject, aud even though had
hot formed tins resolution, my physical
powers have been insufficient to sustain
me in debate; having been much Indis.
posed during the last two or three days.
And, sir, had I enjoyed my usual good
health, il appears TO me thai | should have
taken no part in this discussion for it
seems 10 me. sir, that a man who will
get up here, aud attempt to argue that
deprecated pap6T currency is better for
the people than one which is equal TO
coin, will be looked upon by the people,
as man void Of good sense. It appears
to me, sir, 10 be perfect folly to spend
the time Of this House in discussing this
quesion-that paper dollar, which is
thirteen per cent. less than a silver dollar,
is beItcr for The people than paper dollar
that is worth the full amount Of silver
dollar, and equal 10 silver dollar; for
this is exactly what The gentlemen on The
other side Of the House are trying to
make us believe. For. sir, The executive
of this state, their own Governor, has
; frankly admitted that all these evils in
the currency, this depreciation of our pm
, per money, have been brought upon us
by the bank suspensions. Aud yet, these
meh say, let them alone five months lon
ger; and when we bring forward meas
ure TO STOP the ID per cent. shave, and
O make paper dollar Verih silver dollar.
d We witness these gentlemen coming up
@ in solid phalanx, with the president OF
! the ClrcIev.Ile bank, Mr. OIds, at their
= head, Hnd casting their 35 votes against
&c The remedy we propose. The gentleman
is Mr.. OldI, admits that the bankers are sha
}. wing the people l3 Gems on every dolla
e OF their hard earnings, bur consoles him
n solf by saying that his bank has done Ut
ID such thing, because fOr'uOlh, his banl
ID pays specie on lis notes when demanded
Yes, sir. his bank has issued notes paya
I,la if mill 10
} before you make the demand. The man
!" ayers of this hank of Crclevile, sir, have
y OnIsIripped some of the others in nullify.
n ing The law, by issuing batch Of pos
- notes, payable on demand, twelve mont 6
s. after dale; and the Z ntlamnn from Pick.
h away thinks that we will not catch his
bank napping-his bank will be able tu
d resume any time, and Tor the reason, per
= haps, that his ,wtIve months demand pa.
II per Is not yet due. But | apprehend
II sir, that this law will touch the gentle
h mans p'st notes, 10 sume extent but
b. need moi consume time, 10 answering Iht
arguments of the gentleman, for nolwilh
TX standing there were four long speeche
10 flom them on yesterday, they all resolve,
y themselves into one single poini-an
i that was a threat, that it we did force tn
ID banks to resume, the banks would destrO
h us aud the people; yes sir, The gentle
at man from PckaVay. Mr, OIds, gave IL
re notice of the des'Iuc,,On thai awaited Us
re- The genlIeman from MnsSingum, VI
II Chamhets, reiterated The lllrea!s 0t III
- gen ieman from Pckaway; The genll, ma
i'll jr. from MuskinGum, [Mr. Bowen, re
n hearstd The argument Of the gentleman
IN sen., from MuskiDgum, and The gentle
n min from L lie, Nj. CeOke,l reasserteC
Ut tho arguments OF The other three, who haC
=, spoken befnre him. aud they all throw il
ie inl0 our teeth, that if we compel The
N banks 10 resume, the banks will des,ro,
~ us. Sir, the bankers themselves, would
H. not thus impudenIly have dared 10 threat
o. en- us, as these gentlemen have; who, Al
te he saue time, and with the same breath
'E deny that they are the defenders oI
a. these infamous institutions. But, sir
g. such threats have no ierrors fer US; wa
- have cume here Ia represent the DeOpIe
y -have taken an oath TO perform our du
n ties with fdplHy--and we are determined
u to do 81. And yet these same gentle.
'e men, who seek 10 deter us from DUNG
~ our duty, have the hardhuod TO charge us
T. with endeaVOrng to prevent them from
10 participating 10 The glory Of bringing the
- currency 10 specie value!
" Do we Preve nj them from assisting us
in This wnukS Where are their votes IN
: on questions that touch the currency r..
!, formation! Examine your journals;
:" !" where are their votes upon these qrles.
a tiOrs3 in the negative sir, every one of
:. !" Them But, cir, they approach ne with
!" the mo't hyPucriIical impOrtunilies, aud
say 10 rs, that ir we will only lei them