The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-10-06
BY KITCHENER & MATHEWS
From the Statesman.

WRIGHT AND HIS BARE FACED FALSE
HOODS .........
We have observed, for time pasl, That the banks
or most of them at least have again entered the polit
cal arena, withher money falSehOOd aud fraud, with
a the bitterness which hersolore characterized their
ipiuui,iOus conduct. Many Of the cashiers and atOr
mics of these Swindng concerns are now in the field
with lying letters aud stump speaking to impose upon
the people, and to cover up their Infamous frauds.
Judge Wright, one Of the advisers and aders Of the
conspiracy and treason which overthrow and destroys
cd the Legislature and the law making power of this
State. BY US Lase an act Of ouawry ever dsgraced
the history Of any country, iS perambulans the
State, with Tom Corwin making stump speeches and
writing lying letters No newspapers. He wss at Steu-
benville on the 2Olh and n rspYiO note from Jcrn
my wilson, of United States Bank affidavit memory,
wrote the following precious letter. ..s al.
'SteubenviIle 20h Sept, 1S42.
tDear Sir:-I have your note requesting information
whether the Ohio Life Insurance and Trust Co., ap-
pled the Legislature at the special session, Tor
charter to carry on banking business under LathamS
Bank Law, &c. -.
In reply state that am Of the trustees Of the
Life e. Trust Co. and present when the Board OF
Trustees directed petition to the General Assembly
for continuance ofhs power conferred upon them by
their charter to issue bills. Such petition was prepa'
red and sent up II does not ask for leave to bank un.
der La,hams BILL but for ercnSOn gifts present Polo
Sr copy of this petition gave TO MT Ewing at N.
Lisbon a few days since. The Trust Co., am sure,
never authorised any application to the Legislature Tor
leave 10 bank under Lathams bill as it now is and nei>
ther the board the stockholders could be induced to
carry on banking business under that law:
Yours, &C., y. WRIGHT.
]. Wilson, Esq, Steubenve,
10 show what reliance can be placed on the aSSer-
tEous Of this +bank attorney" and 'bank trus'ee"-a
man who revived and presided over that rascally,
thrice exploded swindlng concern. the Miami Expor'
ting Company Bank only need rosr to the letter of
George w. Sharp, Esq, member Of the committee
on Banks and the Currency Of the last Legislature, and
who introduced bill TO provide for the extension Of
the charters ofthe several solvent and specie paying
banks of this Stae under the law to regulate banking
in Ohio, commonly called "Latllam's BILL !" which will
be found below. Mr.. Sharp says "Soon after the bill
was introduced, manifestations favorable thsretoi on
the part ofsome of,he banks, d'coveredi and a
mong those particularly remember the Life Insurance
Aod Trust Company. While The bill was in the hands
of the majority of the committee on banks, Mr. Wills
liams President Of that company visited Columbusan1
.0vinced 10 me- in person, strong solicitude to have
tho co npaay over st=l hp presided included in the
bill To prove the exteHt Of that solcitude-he pres
scented me written ounsof an amendment to tile
bill which ne deemed necessary to enable bis instilu.
tion to avail itself Of the provisions of the law. That
Amendment, without any essential alteration, was in.
corporaed IN the bill by the majority Of the bank COM
miltee and so amended, ,thebill was reported to the
House by me, on the morning of tho llh August"
The following is the section referred 10 by Mr.. Sharp
L. danf IF Iha
Life Insurance and Trust Comp any Bank'
"And the stockholders ofthe Ohio Life and Trust
Company hereby authorized in like manner to es'
tabsh bank, to be called the Ohio Trust Company
Bank, with capital of six hundred and twenty two
thousand two hundred and fifty 6ve dollars, on conor-
ming to- and being subject to- all the provisions lim-
tatons liabilities and restrictions OF the act aforesaid,
and all amendments thereto tIhese acts aforesaid
are the Banking Law and the Bank Commissioner law,
as they oaIled.)
This is CONCLUSIVE Now, what must be thought of
the assertions of Judge Wright that the Trust Compa-
ny 'dd not ask for leave to bank under Lahams BILL"
and ha. neither the board the stockholders could
be induced to carry on banking business under that
lawi'' Every man must brand him hereafter as down
right, wilfd and malicious iarl ....r
We copy the following from the Cincinnati Endui-
rer and ask particular attention to Mr. sharps letter:
-' BANKING AND BANKERS
An attempt is made on the part Of several Of tho
banking institutions of this State, in conjunction with
ths federal treason pctters to throw amaory Of led.
era members into the Legislature forthe purpose fse
curing their terms in a re.charer ofths local banks
A means of doing this il to work upon the appre-
tensions ofthose who favor prolongation of the
is,ence of the solvent and specie paying banks The
general bank law, with all amendments that experience
may show 10 be necessary, is represented as mPract'
CABLE and the democrats denounced out hand as
'destrucionsts hard money aclioniss and the like
This hue and cry almost the only staple left to the
plosrs and defenders treason and is used means
Of dvering public attention from that dark and deteSs
table transaction. It's also used we huYe already
remarked by those connected with the banks to enlist
votes for the whg cke. of bank directors in order that
they may geiheir terms, regardless of the nters
eSts ofthe people. To accomplish this end it is formal
y denied on part Of several Of the banks, that they
sisnGed awillingness to come in under the general
law. Now we shall make plain statement Of facts.
sslhsy have come to our Knowledge leaving the pub
hc to judge whose falsehood is exposed 4 s..s 3
The banks which peitloned for extension oftims,
prayed for upon such terms the Legislature, in
their wisdom might prescribe" These terms were all
TeadNsgid down in the banking law and compliance