Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1842-06-21

We're your remarks mild as an edllui -
You think so; but did ,hey not contain g
nOugh Of bitterness and denunEiation TO
set all the little echoes at work, who iako
their cue from the Statesman and who
have denounced US in unmeasuTfd terms;
terms Of malignity aud biilingbeale, IN
some instances, that are unworthy af civ
ilized socieiy2 Were not your columns
opened TO all who choose to hurl their
poisoned missiles at us FROM behind a
mpsked battery; 30 shako brufaf Asaulis
upon US over fictitious s!Qna;uEc3--andI
that ioo--wiiiout knowing theihselyes--
in what we had offended These were
the 'il advised a,tacks'-and had VIC no
cause 10 complain Of them when coming
from political lriends?-So of the other
allusion before named. Did you moi avow
yourself hard money man IN yOurpaperiI
Has not the tone Of it for the last six
months past been in favor OF an exclusive
metallic currcncyl lfnot, you have been
misunderstoOd-and a very few words
will "defhe your position and set MS
righlin regard to this matter.
Your attempt TO cOnciliaie Mr.. Mellow
ell and Mr.. Patterson rW net take. They
will duly appreciate it no doubt; but you
viii learn on your return home, that they
arc too fully committed in the "treason"
10 be separated from their fellow citizens
in this part of the State; that they believe
themselves TO Be right in the slalq shey
havo taken, and possess too much firm
ness and Independence Of characterize be
either conxed or driven from it.
A single remark will close my Iotice
Of the personalities in your letter. Il may
enable you more fully to Judge ofmy mo,
tives. | am neither the agent, atlbrneg
nor friend 10 the present banking system
Of OhiO,nor am under ANY Obligations 70
any one Of the banks 10 aid aud asSst
them in any way whatever; aud yon are at
liberty TO controvcrt this proposition in
any way you choose. When borrow
money from an individual or a Bank and
pay the interest demanded, and iheipriH
cipal when required, consider myself
fully absolved. Iapply the same rule 10
those to whom have loaned money, and
whose paper | have endorsed 10 enable
them to get loAns. have at tlns lime q,
1 leas i've Tines as much money a. 60
mo as owe; and can pay every debt
owe in the world on ten days notice. Be.
sides this, my real estate--hard as the
times aFe--is worth thirty or forty thou
sand dollars-paid for--and held BY Inde-
leusible titles. Is it just then to impute
to me pecuniaFy considerations as mo-
tive for my efforts in tho good old cause
Of shank reform !"
As do not intend to be draWu on in.
;Oa discussion Of collateral points and
false issues, allow me to state briefly the
principal matter of fdispule between Us, as
to the future movements Of the democratic
party. The past is not. in the present
crisis, worth talking about. Il is useless
therefore to stop and wrangle about re-
sumption being gradual, o. immediate,
&c, &c. "a .sA
A large as%iorlty Of lie bank eh&IseFs
in Ohio considering the amountsO 81 eapi
tal) expire next January. 'Fwo more
expire the January following Shall
we have a neW system Of banking estab-
lished to take their place9 The Legisla
ture seemed 10 be ofthat opinion, for they
passed law last winter 10 regulate Banks
hereafter to be created; Law that does
not touch the present banks and Il drad
letter, until new ones are made. This
law prescrIbes the terms on which men
may bank in Ohio. ltpFosieda for safe
ty fund system, and TO that we agrse.--
We are not advocating State bank as
charged in the newspapers; for although
some Of US prefer that, we know il i ina
pFacthle now, because the State could
not raise funds without aFuiRous sacrifice.
Il provides that ihe whole csal l,AlI
be paid in gold and silver befars, they
commence banking; that they sballnOi e.
sue more than three dollars inpapeF Tor
one IN specie which they kayesb hand;
shat their notes Issued shall be first regis
tered At a public Office in Columbus that
failure TO pay specie shall forfeit the.
charter: that each bank shall receive the
paper Of all others; that safety fund
fluid shall DO created 70 tedekm
the paper Of a broken bank; thar he
whole shall be under the superintendegce
Of board ofbaRk commissionets. hetsy
penalties are imposed upon the olfichrs
and directors for violation Of The clIhF
ter; the names oflhe stockholdeFsagek ko
be posted up in the bank and TO be entkr-
ed in the recorders Office % the County
where The bank is located, &c. SC. TO
ah of these aud most Of the other pseyk-
iOusOfihe law, M inalEv n6'obiecll6 /
Neither do we object 10 making THE dites.
tors and officers Individually liable whete
they violate the charter. Bot ii the 25shl
section i Is provided, thst eachaDd every
stakeholder shall be .i0intly aa5 seserelIsI
liable for all paper isssed an3 debis dEe
from tie bank; aad tkat he r.hv y snsS
aSa ssriPsd ef ell he properly and gs.
dsced 70 beggary--beiore the Ialely fund
1.-The assets Of the bank and the other
securities are exhausted. ThA provision
u .aII Z - lsN