The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1845-12-17
THE GOVEROR's MESSAGE

THE GOVEROR'S MESSAGE
Is published at length OIL to-day's Sentinel Its
brevity will recommend il if nothing else. 1t is
aplain, matter.of-fact document, for or against
which little can be said.
From it we learn that our state debt is at this
time about 'trenty millions Of dollars; the inter
est on which for the last year has been one million
one hundred and seuenty-ttoo thousand four hun
dred and forty, four dollars and sirty nine cents! i!
This seems to be rather dark picture of our f.
nancial affairs. The State of Ohio, Young and
prosperous as it is, has greater debt hanging
over It at the present moment than the National
Government The Governor says that "sound
policy forbids any increase of the liabilities Of
the state;" and yet at the same time, strange as
it may appear, he recommends that the work on
the new state house shall be resumed! If the
new state house is finished according to the orr
ginal design, 1t will plunge the people ofthe state
almost irrerievably in debt. 1t seems to us con-
ttary to the genius Of our institutions and the
character and habits of our people. to have a
building erected in Columbus, almost equal to
the Pantheon at Rome; in magnifcence and cost
ly splendor, in which our representatives may sit
on cushioned chairs and make laws! But the
federal party have always had great penchant for
every thing that is gaudy, costly and arisocratic,
and like TO introduce European elegance and ex-
travagance, and make our hard laboring farmers
and mechanics foot the bill! 1t has been the
policy of the democratic party when in power; not
to increase our state debt, any farther than ii
was absolutely necessary; and hence, during the
session of 80 and 40, democratic Legislature
had the work on the state house suspended; but
now, when our state debt is much larger than it
was then, old Mordecai (not the Jew, butt
BARLEY wishes TO plunge the people still deeper
in debt, and increase our already enormous tax
es! In behalf of the taxpayers of Harrison CO.,
VIC solemnly enter our protest against building
massive and costly edifce, so long as debt of
" TWENTY MILLIONS OF DOLLARS,
is hanging around our necks, like deadly incu-
bus!
The Governor says that twenty-one banks are
doing business under the new banking law, and
two more are shortly to 60 into opeI atiou The
most of these are branches of the State Bank of
Ohio, an institution which in fact has no exist
ence! A branch, we always thought, pre.sup-
posed parent body or stripes; TO exist; but here
the order of nature is changed, and we presume
whom tho narenf Rank doao nonp,ouco oror,
tions, it will emenate, spring from, and grow out
of, its own offspring and branches!!! Lussus
Nature! MrabiLe dictu! The Governor passes
an extraVagant eulogy upon the banking law and
the credit system, which has only an equal in the
famous declaration of Governor Vance, that Sour
wants require currency capable of expansion
to-day and contraction Tomorrow" ga banking
ing system," says the governor, " is evidence of
nn advanced state ofcvilzation!' Oh the wis
dom of Solomon! The message declares that
the people begin 10 feel the, influence Of this
system in the restoration of confidence, the re-
vival of business, the increase of the wages OLA
Dor, and the rising prosperity ofthe state" Now,
all this is not only false and gratuitous, but
base libel upon the people of Ohio. Ii was yaun-
tingly declared by the advocates of the system,
that as zocn as it went into operation; foreign pa
per would be driven out of circulation IN our
state, and that we would have "home curren-
Cyl" better than specie! SO far as this county is
concerned, mighty little of the issues ofthe new
banks has ever shown itself, but as formerly our
farmers receive for their produce very little else
but Indiana shinplasters. True, before the late
election, some few federal politicians procured
some of the pictures of the Steubenville Branch,
and carried them around through the country 10
electioneer with, and then, we suppose, after
they hal answered this purpose admirably, they
were returned safely home, to be put into circu-
laion in some remote corner Of the state, where
the holders could not readily present them at the
counter Of the bank and demand " the hard."--l
Governor Bariley's soft soap will not induce the