The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-03-10


people any longer believe these humbuggers and dece>
xers7
From the (Columbus) Ohio Statesman.
RESUMPTION IN OHIO,
The Clinton Bank of this city has resumed specie
payments, and will continue to do SO. Ohio may now
bs considered specie paying State, and the shnplaster
uon-spece paying fraudulent institutions, must 60 by
the board 1t becomes matter of duty, and patriot
sm to dscoun,enance and put out Of use, every spe
cies of fraudulent, Illegal deprecated and vicious
rency Drive the greasy shinpas,ers home upon their
vile orginators, and let coin occupy their places. We
hope every good citizen will aid in this praseworthy
undertaking. and thus back the patriotic abors of the
Legislature, and all will soon be well.
The Cleveland Herald, in cepyinga couple of 2ara-
graphs from Cincinnati papcrs add ssome cheering
marks of its own, which confirms what we have said
in relation to the purchasers Of wheat Will The Jour.
nal of this city, Chicolhe Gazette and the Wing pa
pers of Cincinnati compare these judicous remarks Of
the herald, with their own2 There is no longer single
bank in Cleveland both are blown up and the "pros-
poet already brishens!"
"Spece is now much easier to be had than il was a
week ago. at least four or five per cent. merchant
told yesterday that the resumption bill had already
been great benefit to him he had payments to make
10 New York, and. the currency he received for his
goods was turned into silver or eastern funds by
wing of four or FIVE dDllaas on the hundred ,-Cncin
pati Microscope.
Exchange and specie are falling in PREMIUM and the
only good thing we note is the bringing in Of specie
by those in tho county, who have been boarding up
- Cincinnati Gazette.
The prospect already brightens, and we are glad to
learn that our merchants begin TO breathe free er
and deeper" But few days since, exchange ranged
IL 20 per cent and hard to be got at that Now Is
per cent is asked and the tendency is downward Un.
der the sauary influence of resumption it must 60
down 10 per cent. lower at least
Another blessing Of resumption in prospect is,
that the Canadian dealers are beginning to scatter specie
or its equivalent among the people of Ohio for the
plus produce, instead of the paper of our suspended
banks-institntons ready advance the rates of
change so long their own irredeemable promises
could be used to food the state with and be left to
deprecate or turn to worlheSsnes the hands of ln-
dustriols people
Courage then; friends of sound, convertible cur
roncy. Industry, economy, and prudent management
willn due time more than make amends for losses
tanned now in clearing the currency from "vie trash'
Sustain and give credit to such banks as in good faith
oop,py with the laws Of the State and become some-
thing better than shaving shops but let all others
speedily write Toilet on their front DOORS ClereLand
Herald.
The Cincinnati Enquirer has The following on the
resumption Of the banks in the Queen City.
'The whole of our city banks now paying specie.
Such is the comment upon the panic and alarm sought
to be created by federal pressess.They strong
enough to anticipate the requirements Of the law, and
instead of desiring more hme-siS months or a year
longer, those presses insisted they mua have they
come forward the time fxedl So much for resumption,
and much for the whg press and their opposition to
it,
These banks have flraished the strongest proof Of
their soundness! The pubic, now can, and will, re
pose confidence in them. The Chronicle seems to in
Vte run upon them. 1t sEeers at those who prefer
specie suspended paper. These are the papers that
charge with being desructonists, whilst they have
done and and doing the banks more HARM by stri>
wing to make them operate, ct every turn, as party en-
gines than could be done by any other means.'
The whig papers in Cincinnati, exhibit most con-
tempbe spirit IN the subject of resumption, and are
trying to get up all sorts of panics they only iv.
and breathe ruin distress and fraudulent currency.
The Republican is forced to make the following admse
sion, however: ..
"Money Mattrs-All thu chartered banks in the
CITY paying specie for their notes. and wear glad
to learn there is great on any othem. The lar
gest amount that has been called for in any ono sum-
Is $4,000. Indiana scrip is bought sparngly by some
brokers, at As to 50 cents on tho dollar and is Gay
growing worse.'
There 10 mo great sum-, "thc largest amount is
20O0 &c." And yet these whig papers are trying to
get up run fur political efscE The bsst thing the
banks can do will be to make these miserable shinplas.
ter and panic puppets pay their debts due the banks and
Cloae them up. 1t would be for the good of mankind
and a sound currency
Cincinnati BTas.->Ths Cincinnati banks pay specie.
And chats the house thar Jack built" H6pe 1oon't
tumble dO,Un before harvest. Message
This Is the kind Of support with which resumption
meets from the whig party press. ThiA 'ho sentiment
Of those whose language is such the above but whose
hope is that the banks WiH tumble down before har-
vest in order that hay may say, 1--WE pIedired ihs'-
such is the effect loco foco measures Ci Eng.