The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-02-17
From the Ohio Statesman.
REMARKS OF Mr.. BYINGTON

w 'lO huo' VI 'uO VII IUI d TtSUWU~
lon ofspeclc payments by the banks of OHIO
House Of Rep Feb 4. 1912
have adhered Mr.. Speaker to he deter
mnauon which adopted al the Commence
ment of this debate, to abstain from entering
into any argument in relation to This subject,
and even though had not formed this re oIu.
ucU, my physical powers have been insufficient
to sustain me in debate; having been muoh iu-
disposed during the last two or three days.
And, sir, had enjoyed my usual good heath,
it appears 10 mo that should have taken no
part IN this discussion; for i, seems to me sir,
that man who will got up here, and attempt
10 argue thai deprecated paper currency Is
better for the people than one which is equal
TO coin, will be looked upon by the people, as
man void of good sense. 1T appears to me,
sir, to be perfect folly TO spend the time ofths
House in discussing this question-lhat pa
per dollar, which is thirteen per cent. loss
than silver dollar, ia better for Inc peo-
pie than paper dollar that is worth the full
amount ofa silver dollar, and equal 10 silver
dollar; for this is exactly what the gentlemen
on the other side of the House. are irving to
make US believe. For, sr, the executive of
this state, their own Governor, has frankly adj
mitted that all these evils in the currency, this
depreciation of our paper money, have been
brought upon US by The bank suspensions.
And yet, these men say, let them alone five
months longer; aud when we bring forward
measure TO stop the per cent. shave and
make paper dollar worth dollar, we witness
these gentlemen coming up in solid phalanx,
with the president of the Circlevle bank, Mr..
Olde, at their head, and casting their 30 votes
against the remedy we propose. The genlle-
man, Mr.. Olds, admits that the bankers are
shaving the peope l3 cents on every dollar of
their hard earnings, but consoles himself by
saying that his bank has done no such thing,
because forsooth, his bank pays specie on its
notes when demanded. Yes, sir, his bank has
issued notes payable on demand, if you will
wait IL months before you make the demand.
The managers of thls bank of CirclevlIIo, sir,
have outstfpped some Of the Others in nulIily-
ing law, by issuing ba'ch of post notes,
payable on demand, Twelve months after dale
and the gentlemen from Pckaway thinks that
we will not catch his bank mapping bank
Will be able TO resume any time, and for the
reason perhaps, that his twelve months demand
paper, is not yet due. ButI apprehend, SIR,
that This law will touch the genleman's post
notes, 10 some extent: but need not consume
time, in answering the arguments Of the gen.
leman, for nowIIhs andng there were long
speeches from them on yesterday, they all re-
solved themselves into one single poinl-and
that was threat, that if we did force the banks
to resume, the banks would dislroy US and the
people; yess sir, the gentleman from Pickaway
Nr. ()i1S- | n mira nI thu doStruclinn
that awaited US; the gentleman from Musking-
um, Mr. Chambers, reiterated the threats of
the gentleman from P.ckaway; The gentleman,
jr. from Muskugum, Mr.. Bowen, rehearsed
The argumen. Of The gentleman sen, from Mus.
kingum, and the gentleman from Erie, (Mr.
Cooke. reasser'ed the arguments of the olh>
er three, who had spoken before him; and they
all throw il into our teeth, that if we compel
the banks 10 resume, they will destroy US.
Sir, the bankers themselves, would not thus
imPndently, have dared to threaten US as these
gentleman have; who, at The same time, and
with The same breath, deny that they are the
defenders OF these Infamous institutions. But,
sir, such threats have no lerrors for US: we have
come here to represent The peoples have taken
an oath TO perform our duties with fidelity
WV uiO W w SU, anu vel
these same gen temen, no GEEK to deter us
from doing our duty, have the hardlhood TO
charge US with eDdeavorIng 10 prevent them
from participating in the glory OF bringing the
currency to specie vslue!
DO we prevent them from assisting US in this
work? Where are their votes upon questions
tha, touch the currency reformatlonl Exam
inc your Journals, where are their votes upon
these questonsl in the negative sir, every one
ofthem. But, sir, they apr oach US with the
most hypocrIical opportunities, and say, to Us
that If we will only take their own way about
the matter, If We will just Iet The banks run ill
September, they will 60 with us. Yes, cir, if
we will only give banks time to consumate
their vllainy, they will then be with US, we will
acknowledge then, say that we have always
been wrong heretofore, and will condescend 10
join with you rascalIy loco focos. Now, cir,
how have they proven their sincerity 10 this
PARTICULAR Why, sir, there was a motion made
on yesterday TO amend this bilI,s lhatt would
take effect Immediately after iis passage and
consequently the banks would have 10 resume
immediately did these gentlemen that beg for
the extension ofIhe time forlhe banks, yute