Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1843-09-22

D" "I"0S mas progressed, year ailel
. year, the.6aak Killers have srowD bold
, or and boIder, in declaring their trut
= design--the utter unnihl!aliun of al
+ banks. A the Loco Convention held ia
! New Lisbon, on the 4lh inst. the follow
, ing resolution was adopted:
"ReSolued, That in the Banking Act
Of tho last session Of the Legislature, we
have made the last concession 10 the
power OF the Banks; and that, while We
adhere 10 and support that act, we de-
sire to soc no further'legiSlation in faUor
0f, or concerning the BaaEag syatem"
Here we have the issue fairly tender.
ed: The Latham or Barley Bank.
ing Act, or no Bdaks. Let this be dis
Iincliy remembered by every voter,
when he shall come to deposits his vote
in the BaIlnt-box, on the second Tues
day of October next; and let him remsm
Der too, that, although books have 6ee0
opened for the subscription of bank stock,
OF Dayton. ZanesviIe, Mount Pleasant
and ether places, where banks were
needed, no man-,no Locoloco capitalist
has yet been found in the State Of
Ohio, or eloe~h here, who would sub
scribe for a single share oI stock, in a
Bank, regulated by the provisions Of the
Act 10 which the Lokeys hG We resolved
TO "adhere."
ln connection with the Columbiana
county resolution, we take occasion to
refer TO the following, adopted at the
Locoloco Convention, in Springfield,
JoHerSon county, On the AIh Of July
last:
"RssolOed, Thnt the incorporation of
banks heretofore has been Of vast injury
TO the best interests of The country, and
that ii is a power which, j possessed,
should be most sparngIy and carefully
exercised"
Here we have ltdoubted, whether the
Legislature oI Ohio possesses the 'pOwer'
10 Incorporate banking institution, up
ON any conditions whatever! Indeed,
We know that Senator TapPan, whose
submissive followers and blind adher
enls, for the most part, composed the
active materials Of the Springfield Con.
venIion, wholly and avowedIy denies.
tba! The Legislature does possess that
power. Tho followers of Tappan, in
that Convention, were not content with
doubling the existence Of q constitution
al power to incorporate banks. They
went farther; and, indirectly, resolved
that the 'deCedSe' Of the Farmers and Me
chanics Bank Of Steubenvile, and the
Bank Of Mount Pleasant he'd not effect.
cd the community in which they were
located, iOjuriousIy. Here is their 'cnn
n,ngly devised resolution;
"ReSOlUed, That the unlimely docsase
of three banking institutions in this
county, which were represented 10 be
profitable to the banker aud sale TO the
note holder has not 'prostrated the in
teresl0 Of the farmer, mechanic or la
boring man."
The art ofths resolution is we'll con
cealsd; and it consists in an attempt 10
celebrate lhe funeral Of ttoo good banks
and one rotten bank, with the same cere
monica, as being alike appropriate to the
memory Of each. In low cunning and
party IriokerY, it must be conceded, the
members Of the Springfield Convention
far outstrlp thoir Columbana brethren.
But the same spirit and the same dosign,
beyond all controversy, moved both OF
;hose klnored bodies. Baak destruction,
or, what is precisely the same thing, ad
herencs 10 tie Latham and Bartiey Bank
ing system, with The unconditional re-
pealng clause 10 the first section is the
sworn purpose Of the Locofoco leaders
in this district, and all over the State.
For one, We Tojoice that the disguise
which has heretofore concealed the pur-
poses OF the hdrd m oHey advocates, is nt
last thrown OIL The deIusve watch
word Of Bank reform is no longer heard
10 tho Lokey ranks The word is La
than and Dartiey Bands, or no Bands!
An imprdcticabte dumbag, or hard money
Well, upon this issue we go to the peo-
pie They who 90 for the hard mon
ey, will in any event DO mserably cheat,
ed. Destroy every bank in Ohio drive
every dollar Of bsnkiOg capital from the
State, pass an act making ii highly cri.
mlnal to circulate tho bank notes of 9th
or States aud, after all, we shall be un.
able 10 obtain specie enough to pay our
taxes, The bankers aud capitalists Of
Indiana k anIncku Man Vork M,,h;