Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1843-02-24
EDITORS CORRESPONDENCE.
COLUMBUS, 2lss Feb. ls43.

J. Pearce, Esq:
Dear Sir: 1t will not be neces
sary TO give you any account of this
year's demOCI atIc Bank Reform" |
doubt not you have il before this time
and, from The best information can OBJ
tain. the course Of the "ReformCrs" is
steadily onward 10 lhe accompIishmeS /
Of their USjsct-a metallic currency and
an exclusive agricultural population. -
To bring about this Stale of things, these
'Relormers' have deemed it ecessary to
play the hypocrte, and make demon
straIon in favor Of banks, while they
are determined to promote and carry
out the views Of Tappan. Allen, Medary.
ByIngton, and McNuIty, with host Of
other politicians Of less note-al Of
whom advocate the hard money system
They make hypocTiical show o( obs-
dience to The public demand for a pracli
cable banking system, by passing such
laws on the subject as they know foil
we'll will absolutely prevent banking
In conjunction with these 'Reformers'
Governor Shannon operates. He comes
before the people with his Inaugural,
enteaVoring TO convince them that the
true interest Of Ohio is in dependence
on European markets for vending her
abundant productions; and, 10 keep the
idea still fresh before the people, the
Ohio Statesman has an article, every
few days, cheering the people on, and
making large estimates OF our prosper
~ contingent on a foreign market. Me
dary seizes all reports within his reach,
and so mouIds and dstorts them as 10
answer his deceptive purposes: He
makes extracts from papers published
at Cincinnati, from which itappears that
about 100000 hogs have been sailed
there worth $500 each, making an
aggregate value OF $l250,OOO; & over
this he Aourishes as though some unu-
sual source of prosperity was thus open
ed 10 the country. A halfmillion Of this
purchase, the Statesman exultingly SAYS,
was m foreign account--ior France and
Eng land - and hence it is argued, that,
il the people will but have little pa
tience, the condition Of things will be
greatly improved. The millions Of mo.
ney flowing in from abroad will soon fill
up The channels Of trade, as a rotten and
deprecated paper currency shall disap'
pear-the best money the commerce Of
the world possess will take lis pace!-
And, in this way, the Statesmen encour.
ages US with promises Of specie TO be
obtained from foreigners assuring Us
too that the circumstance Of foreigners
being in our market is new, The like ne.
yer before having occurred!
| agree with the Statesman ia one
thing, and thai is, il we expel all bank
paper and introduce the democratic doc
trines ueralIy, we may at least eTpect
those foreigners here again. Now, ii
might 'bs we'll TO enquire. how came
these new purchasers into our markell
My answer is, that, willis we managed
our governmental affairs with sklll and
honesty, the great interests Of Industry
were go preserved as to secure just re-
wards for every description OF labor;
but, since such men as the editor OF the
Statesman have had the management Of
public affairs, an entire revulsion Of all
the business Of the country has been
brought aboui-eVery branch OF indus
try proslrated; the currency by which
business was transacted, either expell-
ed or otherwise destroyed; thousands
thrown out Of employment; and poverty
and distress have taken the place @t
prosperity. And. in view Of this state
Of things, perceiving that they could
purchase the products Of our country al
what they pleased, these foreign pul,
chasers are here. But what are they
doingi Truly, they have purchased
small quantity ofour pork-Ihe States
man says hSN millions worth. Bul
is II no, true that they got one and u
half millions worth for 9 half million
OF doIsrss The price paid foe heavy
pork. weighing, say, over geo lbs. was
$i,75 per cwL Much uf ahis was bro'l