Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-01-25
From the Ohio Statesman.
OHIO LEGISLATURE.
January II, ls42


Mr.. Ford, this morning, from the com.
mttee on Turnpikes aud Railroads, made
a report, accompanied by"a bill to regu
late the mode Of collecting debts against
Turnpike companies in which the State
is stakeholder" The object Of the bi
is TO regulate suits in chancery, so as to
project the State, and creditors general
ly, from the sale of said turnpikes, and n
transfer OF them into The hands Of indi-
viduals, by sale, for debts.
Mr. Tay lor introduced bill, Of several
sections, to- amend the act establishing a
Board of Bank Commissioners.
RESUMPTION OF SPECIE PAY
MENTS.
The bill TO require the banks 10 pay
specie, was taken up, when Nh. Taylor
proceeded in its defence, ina speech OF
great lengthland deep interest. He review.
ed the whole ground, went into tie charac-
ter Of our banking monopulies compared
them with the thousand schemes got up
since the formation Of human society, to
prey upon the laboring classes. He sta
ted, with great force and truth, that were
the legislature to levy tax upon the peo
pie equal in amount TO the burdens which
the banks levy upon them yearly, il would
produce a civil revolution; yetthe people
submit in patience 10 the oppression
through the legerdemain and sophsITy of
bankers, by which they deceive the un.
deTstanding of men.
He showed that the bankers, after re-
ceivng their charters from tho Govern
ment, and had, by their own acts, deran-
ged the business and currency, they turn
upon the very government granting them
privileges and attributes OF sovereignty,
and charge their own acts upon it,, and
thus attempt 10 get up noise and con-
fusion to turn public attention from their
own msdoings. This has been, most
probably, the case from Bddle down to
the merest awindling shop in the nalUn.-
lie showed that The public good was not
the object Of individuals ia asking for
bank charters, but wholly matter of sell
fishness, Of individual capdi'y, ambition
pride and mnnOpOljz NJ spirit. Mr. Tay
lor's allusi0n to The moral effect Of bank
ing upon the nation. was most happy and
effective. When he showed wha Bdjie
was represented to be by his myrlads Of
worShlPcrS aud followers, and what he
now is, a convict at the bar Of justice, 10
answer for his crimes 10 the robbed wId.
Ow; and when he pointed 10 tho recent |
outbreaks Of popular Vlulence in CIncin-
nall aud other p C :, and the vassaIage,
worse than rhat Of EnelAnd, thai the bank
ers would ex c. f,he people, he WIS tru.
y clRqueat aud powerful. y -. "
After an amendment offered by Mr..
Stanton, aud voted dawn as Oul Of place
IN that bill, ,he question was taken on The
engrOssment Ul The bill, Which requires
the banks to resume in full hy the 4lh of
March next, or 90 into thidal,On. Which
vote stood as follows:
Yeas-Massrs. Alen, BARNETT, Bart-
ley, Clnrk, CRowELL, Fnos, Goudin, lIlr.
rs, Hlz 4Iline, Holmes, Ilosreuer, L..
than, Leonard, M1cheli, Mcconnell,
Ream, Ritchey, Robbins, Spiupler,
STANTON, Taylor, Walton and Speaker
%.
Nays-Mos'rs. Dewey, Ford, Goldman,
Henderson, N,sh, Sill, Van VorIers,
Wade aud Wdddle %.
Now mark this resnli--every nay is
wings only voting in the aE
and Ihrae ran away, not having
he nerve TO stand fire VIZ: Perkins Oi
ireene, Root Of Huron, Thomas Of NJ
mi, Carpenter claimed To DO sick, though
q was brought into the House ON Sttnr.
lay, to vote al the electlous. Every dem.
crat was at his post, and voted for. re. G
umptiOn the people now have before
hem the first great aud efficient test vote
nd can see who are for the continu
nee Of a fraudulent currency. Even y
mis- morning the Journal has this decIa =
alton: d
"We agree with the State Printer. tha,
here is no excuse Tor further delay. The y.
,e"ple are in favor ofprOmpt aclion, and t
ney have reason TO wonder at the wan,
!, y decision betrayed blythe majority in the
1eha'e chamber. We do not believe thai
~ inc Locn Fncos in the Senate, will be
'ecrean' 10 their duty. but that enouob =
u them will stand firmly up to their dn n
y with the Wings to secure the ear. !,
lest favorable issue on subisO. Of such d