Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1845-08-20


iron chests belonging to the people.
2. Where it will be under the care of
, officers appointed by the President, and
!, Senate.
8. Where,the officers who keep, il,
: will be obligedto give security in dou-
BILE the amount they are allowed to have
on hand, for its safe keeping.
4. Where, if an officer touches dol
lar Of it Illegally, he shall be liable by
law to pay heavy fine and sent to the
!, State Prison for two years.
, S. Where an end will be put forever
to individuals specializing with the mon
ey of the people-because not cent of
it can be drawn without an appropriation
from Congress.
6. Where, as the, money, cannot be
used, except for the purposes for which
it was raised, there will be nobody inter-
ested in collecting more revenue than is
wanted .or government expenses.
i 7. Where, if a temporary surplus
beyond five millions should arise, it will
be Immediately invested in productive
State Government stock, and kept there
It'll wanted.
1 3. Where the money of the people
will be under The control of the People,
and used only G. !. - ! e which Il
d Where lie fnoEss;'B nonsy 81 aiSs Governs
msnt, separated from the business ofthe
banks. can Be used when required, with
out the cry of "war on the Banks "
10. So that the business of Banks
may be kept separate from politics.
II. So that there may be an end to
all inducement ON the part of Banks to
buy up political leaders and newspapers
and corrupt the halls of legislation.
IL. So that there may be no more
complaint of the Government making
, war upon the Banks-or the Banks max
ing war upon the Government.
f l3. So that the Bank and State may
hereafter have no conflicts, but each let
the other alone.
ID. So that in case Of A Foreign
War. the funds necessary for the de-
fence Of the country may be at the COM
mand of the Government.
Is. Sosthat sudden pressure in the
money market need not effect the opera.
' tions OF Government, nor drive US to the
, necessity of contracting usurious loans.
16. So that the National Government
may always have the means Of support
without asking the Banks for it.
II. So that we may have no more
stoppage Of specie payments.
l8. So that we may have no more
in-plasler eras. .....-
10. So that the Banks may learn in
I future to mind their own business.
20. So that the People may hence
, forth live in peace.
The Federal portion Of The Whig part,
want the Peoples money kept in Banks.
l. Where it will be in the vaults ant
iron chests belonging to tho Banks.
g 2. Where it will be under the care o
officers appointed by the Banks Direc-
I, tors.
8. Where the Banks give no securi-
ty at all for its safe keepng-bu! leav
=. the public to depend upon their credi
{ and good faith.
j, 4. Where the banks shall have tn
:, privilege Of loaning it out. and making
interest on it for the profits Of the Banks
Stockholders.
), 5, Where the Banks Officers, Direc
- tors, and favorites-Ofhcers of the Gov
'' ernment, Members Of Congress and POI
o itlcians can get il out at any time in ex
change for their promissary notes.
If 6. Where 1t will be the interest {
l. the Banks astockholders and borrowers
y = to raise moI6 revenue from the people
- - than the Government requires. SO ths
y they may have the surplus to. use them
: selves. -
h 7. Where, whenever large surplu
can be got, it will be loaned out to infat
- credit, occasion speculation, and resul
n in pressure, distress, and ruin.
N 8. Where the money of the people
l. being loaned out to the Ranks Custo
It mers, can only be had at such times an
in such amounts, as will be convenier
;. for the Banks. .. -....
# 8. Where, if the Government want
e the money faster than the Banks ar
Is willing to pay it, they can stop .paymer
s. and shelter themselves behind the cry {
10 ''war on the Banks"
If 10. So that the Banks may still hav
~ a deep pecuniary interest in supportin
# the party that supports them.
IL. So thet the party men may con
j. tinue to receive pay for party purpose
il and have good fat salaries as Pres
in dents, Attorneys or Agents ofthe Bank:
IL. So that there may be trials {
strength from year to year, between tn
Banks and the People at the polls. an
all the evils that attend them.
Is. So that we may have g perpetu'
y, scene of contention about who shall us
'y the public money. .....
Al lotn