The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1845-09-02


hearty burst Of applause with which the resOlu.
tions were received, evidenced the ready appre-
citation of correct principle by the men of the Con.
venton.
The OHIO STATEsMAN.-Wew welcomed Mr.. Haze
well to the conduct of this Journal hoping he
would emulate, if not exceed, the firm, manly.
course OF his predecessor. We were pleased with
MS talent as an elegant writer, and with hi open
frank style. In the contest in which he became
involved with the Cincinnati Enquirer and Steu.
benviile Union we desired not to interfere. We did
not care about the disputes of Massachusetts. If
we found him sound here. But we do not. He
has at length declared for Banks-for new form
of the deluson, and his approval of Secretary
| Walkers course in making the Wooster Bank q
depository, his commentator of this shaving shop
which palmed off the paper of worthless banks, by
thousands, upon the canal laborers, and which
loans all its funds TO its own oficers-his anxiety
to identify the Democracy with having at one time
supported the Pet Bank System-and his eulogy
of such pitiful democrats E. B. Olds, have a
meaning. We need no charges from Massachu-
sets to tell us that he has nothing in common with
the Democracy who desire sound currency"
| We regret that of Mr.. Hazewell's abili-
ty, just from another State, should at once have
thrown himself into the scale against progr essivo
Democracy. For here progress relates to banks
few here deny that protective tariff is wrong
in principle, SO with land distribution, and the
other articles of party faith. But on the question
of Banking it is different; by taking other than
a negative ground-by becoming the defender
orapologist of banks-by proposing new schemes
for the perpetuation of the delusive system, the
editor of the Statesman forces himself into ret
rograde course, on the only real issue. So far
as his talents and position give him influence this
is unfortunate; as regards himself he has no doubt
chosen his ground with perfect knowledge of the
consequences. We question not his sincerity or
the purity OF his motives; but he is becoming the
ally and must ultimately become the organ of
men whohave neither sincerity or honesty-whigs
in all that makes the inancier and specuator of
that party G. stink in the nostrils' of honest and
virtuous men. The editor of the Statesman saws
he tavors the "real hard;' if so, why does he
show his preference by proposing measure that
can only result, as all other grand panaceas have,
in flooding us with currency soft to rottenness.
But to show that we do not misrepresent his posi-
ton we quote the following from his remarks:
"Wth the Independent treasury the law Of
the Union, and thoroughly-guarded free
banking system in Ohio, the currency ques-
ton might be considered as settled.
"We do not wish to be understood as SAYING
that system of independent banking would
be faultless--that under it all would be plain
sailing on summer sea. Far from it. There
would be failures under it, as under any sys-
tenn devised by the sublimest wit of man.
Failures in bushes are often caused by mat
tiers with which banking has not the most
remote connection. Too much of the busi-
ness of the world is but higher sort of gamb-
lng--gambling recognized as we'll by the
statute as by the customs of what is called
good society; and it is an inevitable thing,
that where gambling goes on, there must be
set of miserable people called losers. But
we are of opinion, that under such system
as that of which we are speaking, less evil
would be experienced from failures, than is
now inflicted upon the world; because one
of the most prominent causes of failures,
would be removed. If failures are incidental
to business, so much more powerful is the
reason for removing any known aggravtion Of
an inevitable evil.'
This moonshine of " INDEPENDENT'' or q FREE
BANKlNG' is as wild as it is impracticape, and as
unreal as the I" stuff that dreams are made Of,
Banks have been tried in every form; they have
| been trusted hundred times and whether il has
been on the frail tenure of honor, specie where
with to redeem, or the protection of individual La
bility-failure has been the invariable result
And as the only relief we are told that this system
of such prolific corruption that it had spurned the
bounds of all law; that the master sin of hu.
manity-the love of wealth-let loose to work its
will, will at once become law-abiding, and banks
will no longer break to profit by the fraud! The
days of shin.plasters, when every groggery, cake
stall, and harber-shop manufactured excellent
currency was independent banking in miniature,
and exempliied what would he the consequence if
men were allowed, with little or no check, to
triAe with the currency. The only true ground
on this question is strict adherence to the limit
ations of the constitution, and its currency of
gold and silver.
0J A man by the name of Nelson Curtis
is imprisoned in our Jail, on charge of ho
micide. Itappears that on Monday, the 25th
inst. a quarrel occurred between Curtis and
a man of the name of Townsend, a shoema-
ker of Pendleton in which the latter received