Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1843-01-06

with Instructions 10 strike out all after
the euaciing clause, and insert a new
bill as a substitute.
Mr.. D. here read a bill which he held
in his hand, which proposed to grant an
extension oil four months TO the banks,
for the sole purpose Of enabling them
10 collect and pay their debts, and for
the division OF their assets among the
stockholders.
This bill, Mr., O.. said, could be liable
TO no objections. 1t prohibited the
banks from issuing any new paper, deal
ing in exchange, or refusing 10 redeem
their notes in specie. The individual
liability clause was not contained, nor
was it necessary in a bill Of this charsc
ter. The gentleman from Knox had on
a former occasion, spoken Of the far,
sleek Bank directors, attorneys and
stockholders, who were %lhronging abou,
the Hall, to aid and direct US in our To-.
glsIatlon on this subject, but he would
ask The gentleman, il h" had not noticed
another set of personages with lean,
Iank vlssges, looking as though they
were from the regions Of the damned,
sitting by the sides OF members, and ex
erl1ng themselves to procure the defeat
OF any proposition to extend Bank char.
ters' in order that they might be able to
procure for themselves the appointment
OF Bank Receivers. to take charge Of
their assets for the benefit OF their own
pockets? He denounced all such mis-.
creants, and would warn members TO
watch their pockets, il they had on
ly a ten dollar note OF the Bank Of
Indiana in them. If no measures for a
temporary extension were now adopted,
it would be a death blow to the establish.
meat of any system Of Banking, al a sub
sequent period Of the session.
Mr.. Meredith said he had understood
that a report was in circulation, tina, he
had bargained with the Wings by yield
ing up the individual liability principle.
If such was The case it wss false, and
those who we're spreading such a report
knew il to be so.
Mr.. McNnity said the fat, sleek per.
sonages referred to by him were the
President Of the Franklin Bank Of Gin
%cinnali, and q slockholder in the Ohio
Life Insurance and Trust Company, and
he now called on the member from
Pickaway to designate who he had re-.
ferred TO. [Mr. Odds said they we're ra.
miIiar TO every member Of the House
Mr. McNuIty proceeded 10 make some
remarks Of q personal nature, in reply
to Mr.. ODDS, when he was called TO Or
der.
Messrs. Byington and Larwill oppos.
ed the motion to reconsider.
Mr.. Robinson was in favor ofa recon.
sideratjoE, not for the purpose Of sub
hitting any proposition 10 supercede the
old bill himself, or with the expectation
that any measure of that kind would be
introduced By the minority. He was
willing 10 give the majority an opportu.
nifty TO make a bill as acceptable as pos
but would not commit himself Cor
or against any proposition coming from
that quarter. If ii shoald meet his
view s and wishes, he would Vote for it,
othe wise not.
Mt. Chambers said that notwithstaud
ing The unkind reception Of the Proposl
ton of the gentleman from Warren, BY
MON beers Of the other political party, he
felt it his duty so far to give way and
discard personal feeling or obstinacy as
10 meet the views oi those who really
ain at relieving the people, and would
vote for the reconsideration,
and TO accept the substitute offered by
the gentleman from Plckaway (Mr.
Mr.. &. was sick and tired Of
hearing the slang and d%enuncialion a.
banks and bankers as 'rotten in
situations and 'un~hipt s%coundrels,' be.
cause he believed a majority Of this
knaw better and consider il idle.
What is all this anxious discussion a.
boutH Is it not 10 devise some mode Of
establishing a system of Banking where,
by The people may be relieved? This
is what a majority Of this House have
been sent here to accomplish; yet we
are told that after a seven years war
against these 'rolten and corrupt Insli-
t%ulious, we ought mol to give ground or
preserve them any longer. Sir, the
never wished or intended 10 car
~ out Bank destruction, The war was
never decisive. 1t veered sometimes
one way and sometimes the other. The
people of Ohio have always had a bank
and will have lift not civ.
en- by this Legislature, it will be BY The
next, The people must have a circulat.
ing medium, and will never submit TO a
hard money currency. How has it been
in times pastf Last year when the
banks issued a little more money than
thoy p~rudenlIy ought, the people paid
taxes easily. This year, under
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