Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1843-09-19
NEW sERIEs.-VoLsIV NO. 8.


!iVe' II those who own the banks. and
nave the control and Management of
lhems are unwilling TO trust each other,
and are fearful Of losing their capital, il
would seem 10 be unreasonable that thew
ahOuld ask the public 10 take their notes
and trust them. They ask the public 10
incur all the risk, or the great portion
OF Il, while they receive all the profits Of
the business. Such claims should not be
tolerated. Bankers should be placed on
the same footing with other individuals;
made responsible for their debts ike 9th.
er citizens ;and being so responsible they
would conduct their business with more
prudence and regularity, and consequent.
ly with more safety 10 the public"
What reply do the Federalists of Ohio
make TO the above declaration Of DEMO-
CRATIC Principles, upon the subject of
Bankingg Dare they deny that honesty
that patriolism-that the prospe rity Of
The people demand strict application of
these democratic principles to euery
Bank charter! Dare they contend that
Bankers shall be permitted 10 contract
debts, and then be sheltered from their
payment, while all other citizens, (Rx.
cEPT BANKERs,) are compiled by law, 10
pay their just debts7
One would hardly suppose that Coon
Bankers could have the barihood thus
to deny and and contend; yet, such is
their arroganee-their contsmpt for the
rights Of the people-their determIninar
ton to erect a mOnied Aristocracy which
shall be protected by IaO, for the most
odiOus oppression and swindling, that
they cOolly tell the peOple-You hGUc
passed a Banking IGto, tDhich merely re.
quires as to be HONEST, and pay ourjust
debts, like other men, but lpe tDiH not bank
under such a LdU; we will have erclusipe
privileges, above the mass of the peo-
pie, or we WILL NOT BANK AT
ALL!' Yes, we will have a State Bank
and branches, with no responsibility for
over issue at alI!'' ave will throw out
millions OF our paper upon the people
hen break up, pocket the profits, and we |
' i'll not be compelled TO redeem one
lOllar Of OUR PROMISES TO PAY!" "We
will reap all the profits, and the people
hall beaF ell losses; or there shall be ne
anking in OhiO!" Do we charge upon
he bankers what is not true9 Read
lere is The proof!
"No capitalist will take stock in any
ank, the charter of which holds the
loekholder individually liable for the
ebts Of the bank".-Ohio State Jour.
al.
This 'Ohio State State Journal is the
'ading organ Oi cOons of Ohio, and is
aid TO be edited by the coon Secretary
State Mr.. Sloane. The same paper
10 Lebanon Star, (the coon organ Of the |
Ite coon Governor COrwin) the coon /
;ircleville Herald, and The coon papers.
Ohio,generalIy, have come out in favor
"a Mammoth State Bank.
Well, gentlemen coons-all the de.
Iocracy Of Ohio have to say to you, up,
a this arrogant aud imprudent declara. I
on Of yours that you "lriU not BANK |
oNEsTLY Y,"is simply this: We have i
fered you the privilege Of banking de
anding, that ifin exercise of those priv.
eyes you see fit to become dishonest
the community, you shall be
I'd 'daccountable by lawl If you choose
bank honestly, go ahead, and do it!-
not it is just as we'll! The people care
'ry little which course you take! But
hiie you are connecting your plans for
shaving shops, just bear in
ind, that the braUe, patriotic, and gale
mt democracy of Ohio have, upon the
Irrency question, but one motto-'GooD
INKS OR NoNEr They have sternly said
-''You shall be made honest;" and the
'mocracy never yet made declaration,
hich they did not fully carry Out!-
ind that!