Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1843-02-07

Alta democratic meeting held in Knox
csunIy on The 2ls, uli., on the subject Of
the currency, the following letter from
Mr.b Rropghiwas read. n.....
ia t. Ia COIERbNs, Jan. 10, lS43,
'GENTIENfEN:--E have the honor TO &C.
knowledge your favor of the 18th inst,
inviting mo to address meeting of the
democracy of Knox county, on Saturday
next II feel thankful for the honor YOU
have thus conferred upon me, and much
regret that my public duties, which for.
bidmy absence from the Seat Of Govern
ment, efeCiualiy preclude me from being
present with you. 3, ..a.ar.e,- ~.
~ am not vain enough to suppose that
the views which entertain, in the PRES
ent SriSiR of tho democratic party, are en-.
titled to any particular weight With, OF
AOtiCe by, my fellow citizens. They
are expressed, however, in very few
wOrdSi--alTedemptiOn Ofthe pledges we
have made to the people. The policy,
Ofthe deInocratic party, as | have underS
stood and promulgated it, has been and
still is, n reformation of the banking sys,
ten, ,--tO which was voluntarily added,
during the last campaign, pledge to re-
incorporate the sOlvent specie paying
banks under sSlutary restrictions and pro.
visions. This reform We are rbOund to
carry out, and these pledges to keep, in
s4praClieal sense: for it would be no less
= breach of good faith TO run the aprinci-
PlsIofreformatiOn into distractions tend.
ing 10 destruction, than 10 violate our
pledges with an open hand. d5a
Thegreal mass Ofthe dem0crsny of the
State look to Aheif Representatives for =
system OF banking, 10 lieu Of that which
is going out of existence, that shall be
sOuhd,a safe, and practicable. Whether
bankS of circulation shOnldOr should not
exist, 10 not nOw an open question; ;--it
hes jbeen cOncIudsd BY the expression o(
the publ c voice, which all, whatever may
bsstheir own private views and opinions,
arsihOUnd to receive as the supreme law.
lTthuS deciding upon sound, safe, and
practicable banking system the people
have passed upon, and therefore enacted
some Of the restrictions and provisions
il shall embrace Among these are the
sQbstitutiOn Of, general law for tie
'elosSd 0OTporatibns' thai have been the
hot beds of so much corruption, and the
individual liability Ufstockholders for the
Indebtedness which they are enabled by
the power of law to create with the com.
mnnig = These provisions the democra-
- should not, indeed cannot abandon
With hOnoF,tO themselves. II only re
mains for the Representatives, in fulfill
me1hof the pledges given to, their con-
sslHehcy,tO engtsft these upon a system \
which, with such and other restrictions.
Wiifbs made safe TO c0mmunity-aHd at
the same time rendered practicable and
secure, mot TO the building up Of banks
on stock nofea, end other evidences of
deh'&-but EaE the Investment of actual
and substantial capital, hi. sas 1
This the people, who have themselves
sHilied the question of the existence of
haRkpg institutions, have Alright to de-
maRd, less heirservants, consistent with
ths Aledges and avOwed policy Of the
democratic party, cannot, offer them. !
VeEY.Eespsetfnlly,
edita d YOuEOb't servant. .ra
ssyua al, osr JOHN aBR0UGH.
9MpsssI Colopv. Woodward, SOcItens