The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-02-17
THE GROUND WE STAND UPON.

No man will deny-dare deny, that the people of
Ohio have been swndIod out Of more money by Banks
within the last few years than all our public improve
ments have ever cost-more money than all the clrcu
Iation now in the State No one will deny that II
Baokers are allowed 10 continue their depredatons up
onSocety, upon honest industry, upon the hard ea'hed
labor of the working they have for years past,
we shall be the most wretched well as most bank
ridden people on the face ofthe globe. No one will
deny that reformation is needed-that has been call
led for by the whole people-tlat Ii was upon
this point the last election turnedthat every Demo.
crat stood pledged for Bank reform and that ,oas up
on similar pledges the Wigs elected all their members in
the present Legislature.
No man can deny all this Both parties wenS to
Columbus lhen pledged and bound by the people to
bring about reform in the Currency-to put down the
swindIing institutions which have been pilluging the
people so long, and to restore sound circulating me-
dum. The legislature has been in session over eight
weeks; several measures haye boen brought forward
and now let US SEQ who sustained them. Let us see
which party, and how many of each, lived up to the
professions made and pledges given before election Let
us see where tho Democracy stand, and where the
Wings staud-on the side ofthe people, or on the side
of the chartered swindliDg corporations.
The frs, bill touching the currency was the repeal Of
the chatter of the German Bank of Wooster. 1t need
not Le told by us why its repeal urged. The thou
sands of its note holders within 60 miles around US. the
hundreds rendered penny ycss-strPped of their grain
ofther laber for years, the means by which they
intended purchasing food and raiment for their families
all by this bank-can tell as well as we, why its
peal was urged. On the passage of this bill in the
House, 40 voted for it, and 10 against tall Wings.
In the Senate, the same bill passed. yeas lS nays 10
all Wings Their names will be found in another COLI
umn. Here every Democrat in the two Houses voted
to crush this monsous Iobber, and majority of wings
in each House voted TO sustain it, and lei it 60 on plum
dering the public.
The next measure was resolution ins,rucng the
Committee the currency 10 bring in Hill to repeal
the charters of9 Banks among Them The Gallipolis,
Manhattan, Canton &c. These bunks have all gone
down. after cheating tie people out ofmoro than mill
lion of dollars On the passage of the resolution the
vote stood yeas l6, nays ll-Al wings
On the passage ofMr Hachs Bilh TO compel Bank
ers to take their own notes in payment of debts, 81
Wings voted against it, and moi single one for it
And now we come TO the resumption 5 which
calls for The Banks to redeem their notes in SPECIE
20 into liquidation. They have been in a state of sus'
pension for years; during which time they have been
shnaing their specie to New York, selling it at pre-
mium flooding the State with their rredeemabe papeH
and then charging l3 per centshave on exchanges-he
very exchanges too, which they sold their specie for,
att premium The Democratic Legislatures said such
roscay should longer be, hence they got up the
sumption bill to make the banks redeem their notes in
SPECIE n.tcad orselng that specie The bill has pas
fed and call attention to the yeas and nays to see
where the Dem mocracy stand, and where whiggery is.
On the 5th Feb. the bill passed the House.
YEAs-Messrs. Atkinson, Baird Briggs Byingon Cahll,
Dunn Evans Ewing, Green, Griffith, Hatch, Henderson Hook
nberry, James, Jenkins Jones, KarsneI Kelly of Perry,
Kiicart, I.owman Lyon Meredith Moore McCloskoy Nc
Cung, Mcconnell Mcfarland, McNuly, Okey: Rahenspcr
ger Sharp Smith of Licking, secdman. Walters, Workman,
Wood, Wolcottand Sneaker-38