The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-02-03

try would have been as completely tributary 10 the
hONEYED CORPORATIONS Of America, as the
people of Great Britain 10 the Change-aley lords
who hold the certificates OF their immense national debt
Distress!-what sir. are not the Wings in power, q
was all distress to when the Democracy was
turned OUT Did they not carry the election1 Has M
Van Buren, not gone to KinderhoOkl Is General jack
son not in the Hermagel Are Democrats not IN the
minority in Congress, and expelled from Office every
wherel Were not "rippecanOe and Tyler too" both
elected Is not Whggery in entire possession Of the
Government! Have they not had their extra session,
called 10 relieve the country nd passed all the relief
measures, save onel-all ouel-ay, there lies the
rub and the secret Of the distress which survives the
Wing advent to power. This distress is potent ma.
chne-an instrument and an argument-the rallying
cry of united Whiggery when National Bank was
sought and the raying cry of divided Whiggery from
the exchequer DIVISION now that National Bank is un
a,tanabIe, and an Exchequer Bank becomes tho alter
native. Dstressis necessary to help out the new in>
sti,uon necessary to the establishment Of the Excheq-
uer-necessa-y to revolt the people, and make them cry
out for some:sort-any sort ofa national institution
no matter what, provided strikes paper money-and
strikes enough to make money plenty, raise the price
of property and labor, and give glory to the Wings for
the restoration Of the ruined national prosperity. For
this reason the distress is kept upthe nsurgent banks
refusing to pay-he Webster Wings crying out; and all
the promises of all the Wings for immediate relief
the CHANGE of Administration, like the promises of The
banks gone into SUSPENSION and stopped pay For this
reason, the suspension Of the Southern and Western
banks continued that deprecated paper and derange
ment may be plead an argument for the establish
ment ofthe new Eschequer Bank SUCCESSOR substi'
tule and ps alsr to the definot Bddle king bank in
Philadelphia. For this purpose the distress agument
still used-s kept up-sl pressed into the service.
l, was once an awful argument when the Bank of the
United States, armed with the public money, was great
and powerful; and, managed by Biddle and hismyrm
dons, was as wicked strong, and kexer'ed all her
wickedness and all her strenghto distress the people,
and charge it upon the Government in order to force
her recharer. The distress whoop. was then Terrible
L: is now contemplate. The insurgent banks, upon
whose suspension the distress Is alone keptup, are Ver>
ging 10 their fate. An insued and pundered Commune
nifty are rising 10 the vndicaton of their violated rights
The handwriting is upon the wall and wo to the rec
reapt bank which does not perceive the fatal revelation
The cry is disress and the remedy national pou-
tce Of lamp black and ragsl This Is the disease and
this the medicine. But let us look before we act Let
Us anayze tho case examine the pathology oflhe disc
ease--that is the word Ibeeve, looking at DR.. Linn,
who nodded assen and see its cause and effect the hab
its and constitution of the patient, and tho injuries he
may have suffered. The complaint is DISTRESS: the
specifications are, DEPRECATED CURRENCY and
DERANGED EXCHANGES. The question is, wherel
all over the Unionl not at ALL Only in the South AID
West All north and east of N. York is free from dis
tress; the exchanges fair the currency apar' all South
and West of that city the distress prevails; the exchan-
ges as they are caed) being deranged and the curren>
cy deprecated. Whyl Because in one quarter (the
happy quarer the banks pay their debts in the other
the distressed quarer they refuse to pay Here thsn
is the cause and The effect This il the analysis Of the
case the discovery ofhe nature and locality Of the dis
ease, and the key to its cure. Make the refractory
banks comply with their promises, ard there isan end
of deprecated paper and deranged exchanges, and ofa
the distress which they c.eate and that without Ma.
ona Bank, or its base substitute, an Exchequer Bank
or national institution of any kind to strike paper mon
ey. Make the delinquent banks pay up, or wind up.
And why notl Why shoudnet the insolvont wind up
and the solvent pay up1 Why should not the commu-
nifty know the good from the badl Suspension puts all
on all level, and the community canno! distinguish be
tween them.
Compelling the bankn 10 pay would relieve the dis.
resses ofthe peopei and why should they not be com.
PEELED. liable to pay, they should be made to do it:
ifunable they should be woundup. What is the ex>
cuse! No specie circular now; no removal Of the de-
postes tampering with the currency no war upon
banks Their friends are in power and they have evs
cry thing their own way. When they stopped pay.
men they declared it was uot for inability, but merely
because others stopped and that they all ready to
60 This they said fveye ago, [May, 1887 )and
fready 60 on then, they must certainly be ready to
resume now. Then why do they not do itl Simply
because it suits their interest," and their politics, not to
do it and they masters, and do as they please.
They make money by not resuming and ha. suits their
interest. They make distress by not resuming, and
that suits their politics. and helps out the paper money
party in getting national institution established. am
against voluntary resumption, because it implies the
right ofvounlary suspension. l am for law, and want
corporations as well as individuals subjected 10 the con
troll oflaw.
say the banks are able 10 resume, Those
of them which are not inSolvent, and prove it
in many ways, and by undeuiaSle facts
!. Their own conduct. The fact 10, they
are not in state Of suspension. | only use
~ 4 "a =. Al L. A..