Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-07-22

piled to the common benefit of the whole
people. Finally, when the fund had
accumulated and was ACCOMMODATING ~
an alarming degree, II was distributed
among the Sales by the deposiie ac',
bat so suddenly distributed, IN such large
masses, and IN name 50 totally IN
violation of all the laws, and rules IT
finance, that the crisis Of suspension in
1887 was greatly accelerated This
would have been postponed, # not alto
gerhpr avoided. il the land bill Of 1888
bad been approved and executed,
To these three causes. fellow citizens.
tho Veto of The Bank Of the United
States, with the consequent creation Of
innumerabIe local banks, the removal
Of the deposiles Of the Uni'cd States
from the Bank Of the United States. and
their subsequent free use, and The Fai'
lure Of the land bill Of 1898, | verify
believe, all. or nearly all Of the p%ecunia'
ry embarrassmenis Of the country are
pIaiaIy attributable. If the bark had
been re. chartered, the public deposi'es
suffered 10 remain undislurbed where
the law required them to be made, and
the land bjlI had zone into operation, 1t
is nv firm CONVICTION tina, we should
have had no more individual distress
and ruin than is common, in ordinary
and regular times, TO a trading and com
mrrcial community.
And do lust now take a rapid review
Of the experiments Of our rulers They
began with inconteslib y the best curren
ev in the world, aud promised a better
That better currency was 10 be supp led
by the local banks; and, IN the first
stages Of the experiment, after the re-
movaI ofthe deposites, they were high
Is commended, from high authority, for
their beneficial and extensive operations
IN exchange, the fnaucial facilities
which they afforded to the Government,
&c, &c. But the day Of trouble and
difficulty which had been predicted, for
The want Of n United States Bank, came,
| hnV coma mol SInn0 the SnDtk, Uh
onye way, and the suspension Of 1887
took place. Then what was the course
Of those same r~nlers? They had de-
nounced aud put down the Bank OF the
United States. II was a monster lh'y
had eXtoIIed and IavIshpd praises on 10
cal banks. Now, they turned rounda-
gainst the objects OF their own creation
and commentator. Now they were a
brood OF llIIe monsters, corrupt and
c~orrupring, with separate privileges
proving upon The vIlaIs OF the state
They vehemenily cat out Tor a divorce
OF State and BANK. And mcanIy re-
treating under The Sub treasury, from
the storm which they themselves had
raised, leaving the people 10 snU'F IN
der all It's peIlIng ana P'l''ess rage loey
add insult to INJURY, by te'''ng thew
that they unteasonab'Y eXPocl TOO mnro
from Government that 'hey must take
care Of themselves u ,"a' i, IS tue
n'g"eS' al" most ,"'''o''r "".Y -" .''
"oF''"''e"'' " ''"r '"'' W rc''
ou' REGARD TO '"o Su''''nGS " u''''oS'o'
OF tue people,
They began with the best currency
promised a better, and end with giving
none! For we might as we'll resort tt
The costumes Of our original parents II
the garden OF Eden, as IN THIS en'Ighl
ened age. with the example OF the whole
commercial world before Us, to cramF
this energetic and enlerPrl'lhg PeoP''
ny u c'rcu'a''oh exclusively u Two pro
cIous mrta'S Let US SEQ oo" '"' n"'
ter s'anaS WI" Us mere !" Nr",U'My
ana o''''Vo We S'@nu as "e,, Us Wv
pc oPIo 10 mo'l 0, INC states we "o''
" circulation ID o""N "o'eS "~"o"u"'l''
TO ABOUT Two m'IlonS ana a ha''' '"u"ue
upon specie IN lhelf Nau''s amou"""'
to about one million ana a quarter nat
the acInn' clFcnlal.on' have we WI
tnuCh money NO! no! tACIdIIHCu IVA