The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1844-12-12
Ss4,52i 90 g.


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~ salaa@ Is a&%Ge isamAt "a 2-s--S---------4
This smount has been drawnfrom canai fund.- bong
the intereAt on the prino pal Of each fund. .t
1t is apparent that special aud local sgisaon In this
State has been INDUCED until Il has truly become an
evil. Within the last years. two thousand and iiy
nine have been passed. of which se,eneen hGndred
aud foy-sx SPECIAL statutes, aud hree'hundfed and
thirteen atl under The denomination VI general laws
That there are cases involving private and local inter,
ess which deserve and should receive the attention oil
the Legislature doubts, but the chef patti o! the
time and expenditure assigned 10 legislation, cannot he
properly consumed in the enactment OF special statutes.
Laws should be general and just and like The air nd
light Of Heaven, extend their sauiary and benign in
duence equally aud alike 10 all, Special eae nplions
special privileges and local advantages produre injustice
aGd oppression, and are always more less haughl
With danger. In asts for ucal aud private purposes the
Leg stature ia very liable to be rstd by msrepresena
tons, and he opportunities Of ndivdusls. Ii bsl'ev
cd that geES al regnldoRs which would supeceds he
necessity Of the chief part of our SPECIAL Legislation,
could be adopted upon erns aud conditions fixed in b
general law; aud afford all The just and riglGl advana-
ges and protection which can bs demanded. - + .
or the seventeen hundred and forty -six special acts
above mentioned, eleven hundred aud twenty seven
relate corpOranEslhs grants Of exclusive privileges
and special immunes 10 assucislinns of individuals,
his rlass OF special Legislature has bsen continued in
nearly equal raio for the last ten yea,s aud Should
he perssvered in, and corpoaupnr continue to multiply
- heretofore for he,next twenty years The State Will
i've literally matched with charters OF hcorpprsan, and
the pas subsrhges snces., frauds and pr 1gacy Of
rorslions will form hut miniature epiiomo Of hat
will be exhibited In future. An oVershadowing combi-
nation Of artificial persons and iacous interests will
be created which will tample upon The rights Of nstu-
raj PERSONS, override the barriers Of insee and annh-
late the equality of rights which forms the
Of our free institutions All experience has taught u.s.
that will do things when assocled underth cover
of charter which they would Ehudder at The bare idea
Of doing as private individuals. One of Iie evil ten,
denotes Of the present age is yena spirit Of advsntur
stmulaed by thirst To acquire prnpsry without
ing and desire to transact business through the agenl
cy Of acts of Incorporation. Wealth has lis apprOpfi.
infuene, and possesses naturally intrinsic advantages
labor but when associated under charters and a
vored with special mmunities, and exclusive ptyle.
ges builds up oppressive mOuopses il the business of
the countty and acquires undue ascendeney the
interest and rights 6f the private citizen. rl 9 q
Aeiso Of ncorporp0faiion Rss usually obtained under
Tho pre,ence Of advancing theipubc intel but the
real osettistooa ofien' merelyto obtan an eIemp,On
from the responsibilities TO wh ich natural persona
sahiscted and aGloak for fraud and deception. The
only legitimate purposes iorw acts Of incorporation
can. in cases. be sought are simply 10 acquire the
rights ofs1ng and being sued their copo ate name
of taking holding and conveying the title to property
through the authority Of the representatives ofihe ass
socialioh These objects be fully aud more coDven
ienty attained by general law Of Joint stock parnsr-
ships or The benefit Of all associations Of every descrip
tionwhci may have regular organization, anda record
thereof in the Recorders office n'ths co1ntyu which
located. Such jnin stock associations would not be
corporations but they would possess all the necessary
and legitimate advantages for the transaction of their
company busness withrut the spscIat exemptions and
exclusive privileges which render corporations otecon
able and dangerous. ere W ,s"n 500 saeS y
The subject Of the banks and The currency has occu
pied no lnconsdefabe share uf lb9 atenon ofhe Leg
isare Of this Sia's for tie as ten ears and will ptu>
baby continue 10 do for many years 10 cone n 10
wolves consderaon6 Of paramount Importance and df
icuy, and either fOf good Or f6reS bearing directly
and extensively upon The varots and complex ihiSsosE
of the cotm1fity The diversity Of opinion the sub!
ect il noi 70 Be Wondered at Disngnished statesmen,
n different countries and agcs Ebve differed on few sub
ecs more widely and more warmly lhsp upon paper
money aud banking. Tfuh should be searched by q
candid consideraon Of The views on both sides of The
question; the great body Of he peOple have eonfion
interest and cattqny no dpe can be governed by any
other motive Than desire 70 see ssted in ire manner
he's, calculated 70 preserve the safey of oar hsiuion
and advance the welfgre and happiness of the counv
Within The last three years majority ofthe bank
charters In the Stale expired In MaTeh 1872 an act
was passed designed 10 s0percede the necessity spe
cal charters fixing II general law the powers, ha
biIify and terms for future Banks and imposing rigid
restrictions Oh The abuses hefeibfofe practcein bank
ing This law was alIetged ID betoo severe and 10
February 1913 It was amended and number of the
preuiinent czeps be!ungipg to compaDies Which had
petitohed ts Legislature for renewal ot theiF char
iers were authorised to oganize and commence the bu
sness OF king They declined however 10 engage
Lin business on The eondons imposed on account Of The