Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-05-31
1ETOWN. O., TUESDAY, MAY 81, 1912.

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such is not our condition, Would an
man in Brown or Fairfield, who had fv
or ten thousand dollars to lend, invest
in bank stock, upon the Unlimited indi
vidual liability principle, and get ten pc
cent for it,-pledge all the rest of hi
property for the honesty and safety Of
bank at Cincinnati, Columbus or Chilli
cothe, the inside of which he would no
see once a year; when he could lend thu
same money to his neighbors, at ia pc
cent secured by Mortgage, and run NJ
risk at all as to the balance Of his proper
ty? II he would no., how far, and undel
what circumstances would he be willing
70 risk the remainder of his fortune, fol
the sake of making ten per cent on hi:
five thousand dollars of surplus capital?-
These sre questions, which, as impartial
men, we are obliged to discuss and de-
termine. There are undoubtedly differ
ences of opinion among US; but sin,
cerely believe if the hot headed, violent
politicians of both sides we're excluded, a
Legislature composed of patriotic bust.
ness men, Of equal numbers from each
party, could meet at Columbus and set
tie this currency question in one week to
the satisfaction of nineteen twentieths of
the people,-to the acceptance of capi-
talists, and in accordance with the first
resolution adopted at the sWest Union
Meeting" If the two parties had met
in proper spirit, it might have been set
tied last winter. Itought to be settled,
without further delay. The interests of
the people demand it. Nor ought it to
be considered party question, for every
man who makes living by industry. is
equally concerned ia having a sound cue
rency. None but brokers, money chan
gers and politicians who 'live by fishing in
troubled waters are interested in pro.
longing the agitation. None but money
lenders, creditors and Office holders, are
interested in bringing us TO hard mon
ey currency, which must reduce the price
of labor and property, far below what they
are at present. Is that Democracy, which
three fourths Of the people
to benefit few?
The law to regulate banking contains
other provisions, which will meet with
serious opposition; for example-no stock
holder can sell his stock without permis-
sion from the Board of Directors. Bank |
stock's like any other kind of property of
a subject of trade and commerce. Few
men like to surrender to others. the right
hey possess of doing what they please
With their own property.
pray you to sit down and read this
aW carefully, and then ask yourself,
if you had thousand dollars
o lend, you would take stock under it,
n bank at Columbus, Chilicothe, or
Zanesville3 Ask your neighbors, who
IRE sensible, substantial democrats and
neh of property, whether they would
I the answer is in the negative, ask
yourselves these additional questions
NHo WILL? If we will not risk it--ought
ve-professing to be Christian men and
Ionest democrats-to imperiously demand
# others, what we would not submit 10
ourselves, under like circumstances?-
And-iflhis law, in its present form, is
uch, that no banking system can be put
nto operation under it, is it utterly i'm
ossbIe to modify it, or TO devise any
ther system, which will induce "honest
rudent men of property" to take stock,
e entirely safe TO the bill holder, and
Irnish currency convertible into specie
t the will of the holder?
Iagree with you, that it would be we'll
or the democratic party, at this junclure,
) pause and look about them. After a
ing storm a sea, it is customary TO take
Ii observation" and ascertain the lati-
ide and longitude of the ship. What
re we fighting for9 Is it the design of
lose who are regarded as leaders in our
arty, to get US all cnmmitted during the
oming campaign, in favor of this law, as
the only terms, on which
ank Charter shall be granted in Ohio,
nd when it is aScerlained that no onc
i'll take stock, tuan round and tell US,
lat there is but, one alternative left
I'd that is, to go fer an exclusive metal
c currencyR That such is the intention
some, have not doubt; and when
at period arrives, every man will be de-
'unced as no democrat, who is not OPEN
for a metallic currency. "The Ohio
tatesman" has been regarded as the or
in of our party for the last two or three
'al5,--and see the Editor in his paper
the Sd inst, comes out boldly and a. i
'ws himself a "hard money" man. No a
le could doubt this, who has read his j
lperfOr the last six months. The nu-
erous hard money articles in his col G
ms, and his repeated and extravagant /
ifs OF The hard money speech Of Sena- s
+ Taylor last winter-and Of otherspee- d
les like it--made up from crude gener- t
tiles of John Taylor of Caroline county $
a., whose "inquiry," after a profound |
eep of nearly thirty years, has been !
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