Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1843-10-03

ton.
| The question next was on agreeing TO
the following amendment. Adj the fol.
lowing ~ third section:
4 Sec. 8. That the directors and stock.
holders Of such bank shall be held and
bound in their individual capacities for
oil the debts and issues Of the bank over
and above the assets Of the same; and
that said debts and 'issnss from and aE.
ter the passage Of this act, shall cOnsli-
tute lien upon all the property and real
estate Of such directors and stockholders
as II the same had been prosecuted to
payment at law. -t0h
Mr.. BrOugh, who proposed the smend-
ment a Aforesaid, by leave Of the House,
having withdrawn the same,
Mr.. Flood renewed the motion TO a.
mend the bill as therein specified; on
which question the yeas and nays having
been ordered, they were taken and the
amendment prevailed, yeas 4 |, nays %,
as follows:
YEAS--Messrs. Andrews Of Lorain,
Blair, Brough, Brown, Buchanan, Burns,
Camp, Campbell. COmings, Elliott, Flood
Forbes, Fowler, Gampble, Hsnpa, Ham-
iltOn, Hoaglaud, Jenkins, Johnson Of
Stark, Kyle, Leedom, Floyd, Lowe, Mar.
tin, McNary, Millikin, Patterson Of High
land, Peppard, Rea, Ripley, Roller,
Skinner, Smith Of CoIumbia, Smith OF.
Montgomery, Smucker, Taylor, Trevitt,
Waddle, Welch Of Sandusky, West and
Speaker [FaTan)-4l.
NAYS-MessrS. Andrews Of franklin,
Axtell, Branch, Briggs, Bronson, Cassad,
Chambers, Chester, COdding, COrWin,
Creighton, Curtis, Donslly, EVeIhard,
Goddard, Hegler, Hendricks, Have, Hunt
Johnson Of Cuyahoga, KilbOurne and
Kirkum-22.
Every democrat voting in the ahirma-
tive, and every man in the negative being
a whig, although. At that very time it was
known that the Farmers Bank Of Canton
was rotten to the very core, aRd it after
wards blew up; under circumstances
which should have consigned it's mana.
gers TO the walls Ofthe Ohio Panitenliary
for sWindliHg,
II more proOfbO wanted, that the feder.
al party, in their efforts 10 establish their
system Of Banking, BY which the people
ear be plundeFsd al the pleasure Of bank.
ers, we have only to refer TO Gov. Cor"
wins organ At Lebanon, which battles
stOully and openly for a state Bank; and
to get which in operation the debt Of
Ohio would have 10 be materially in.
creased, and as . necessary consequences
Of which the taxes Ofthe people, already
too heavy to be borne in silence, will hsve
to be Increased.
The following which we clip from the
CircleviIls (Coon) Herald, will also cid
in throwing some light upon this SUBJ
iect, a the plan Of banking, Of which the
writer speaks, as coming 'as near the
thing as could be expected; perhaps aS
near as human ingenuity could devise.'
is the same system Of legalizsd plumber
which hes caussd the ruin. Of msny whose
ynIy crime was that they bslievsd in the
pledged promise OF banker.
'PerhapSit it will not be amiss to epls
merate afeWiOf the leading topics that
will occupy the attention OF our coming
session. No doubt the NEST important
will be the currency question, 1--WE get
4 whig Legislature, this question will be
easily disposed Of. The wings ars all
agreed that nothing but State Bank aud
branches will answer, or be able TO sup
dOrt STEADY circulation, ,tCscarry on the
diversified, the wide spreGd aud the fast
increasing commerce Of the great State
ol Ohio. Tho plan proposed BY the whig
members Of the Legislature from time 70
time would come as near the thing a.
could be expected; perhsps ss near a.
human ingenuity could devise
These extracts, taken, together with
the authorized edict issued BY the Ohio
State Journal. sthat no cspitIiist wilt take
stock in any bank, the charter Of which
holds the stockhoIdeF INDIVIDUALLY
LIABLE FOR ALL THE DEBTS OF
THE BANK ;'and We think our case iS
made out,ands that the good banks about
which whiggery pTates, i1 that system
which rears up in our midata privileged
class, who BY law, can plundoE the unwa
| ~ and unsuspecting. Ifthey cannot per-
4 petrats this systnm so that bank officers.
| iavOrites and dspsndants can amSss tor>
tuneS ut the expense ofthe DOts'holder--
il they cannot expand aud contract-aaks
money scarce OF plonty-rsdsOm their
promises, OF refuse them At atpleasure, then
they 90 for no banks at ell. Their whole
love for banking resolves itself into this
sTf We ere to Be tied up BY laws which
will be enforced against US. and which
would compel US 20 bank honestly, theE
We will not bank at Sll.' This is ths
plain English Of the whole matter and !
} will remain for the people to decide for .
: against II. II they are willing GgOin tOb
: plundsFsd asd to have their taxes incTOaS
sdby State Bank, then they will re