The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1845-03-21

bow the knee-but one idol cherished in
their heart of hears--but one object al
which they all aim, let the means appear
ever so dissimiar. On the other side are
the friends of equality and constitutional
liberty, armed in the panoply of truth, and
controlled entirely by that patriotic devotion
to the welfare of mankind, which warmed
the hearts of the fathers of the Democratic
party, struggling only for the preservation Of
the principles of the Constitution, and bring
ing back the country TO the currency of the
Constitution, and nothing short of this end
will satisfy them. There may be individuals
who are opposed to the enormous extension
of paper credit contemplated by the law pass
ed during the present scssion-to the floods
of corruption intended 10 be poured through
the public mind and morals, and to the dan
gorous political oscendancy aimed at and
likely 10 be achieved by the paper money
power, and who yet have hankerng after
the flesh-pots of their oppressors; but they
are few and far between. There are others
who may think that the time for "cutting
up the evil by the roots'' has not yet arrived
that party crpediency demands longer
endurance of the evil, and halfhearted
opposition 10 the extension of it, may be
all they deem safe for the advancement of
the party; but this class too, is few. There
can be but two sides to this question-there
is no halfway house of policy; all those
contending for banks of issue in, any shape,
may be regarded as laborers in the army of the
enemy. The difference between them and
these who passed the bank bill, is a mere
matter of taste-mere difference of opinion
in relation TO the details of the same iniqui-
tous system. The real issue is at last made
up-the entire, undisputed ascendcncy Of
the paper money power, or its total annihila-
ton. We must array ourselves on the one
side or the other. We must, if we would
preserve the rights of freemen, in land
consecrated by the blood Of freemen, join
the hosts of the generous and glorious de-
mocracy, in prostratng this many-headed
monster.
There may be, and are, beyond doubt,
many honest and patriotic men opposed TO
this system in every possible shape, who
yet fear the issue and shrink from the con-
Aict. To such men we say the conflict
must come, sooner or later. The battle
must be fought--yes, and the victory won, or
the people of Ohio must be lashed 10 the
car of this monster system, from which there
will be no escape save in revolution. Is
it not better that we-meet the armed bri-
gands OF Bank power and privilege at once,
rather than lay still. until their schemes of
plunder are perfected? Shall we surrender
everything dear TO the patriot heart, through
cringng cowardice and irresolution? Or
shall we not, rather, like honest men, battling
for their rights, stand forth in this crisis of the
struggle, and relying on the correctness of
our motives, the righteousness of our cause,
march right on to victory?
"Why should we shrink from what we cannot sfun,
Each has his pang bit feeble sufferers groan
With brain born dteams Of avil all their own"
The history Of banking is dark list of
disasters. Each page is marked with CON-
mercial distress, and financial embarrassment
Its onward career of destruction and desola-
ton may be traced by the beggary and suf
ferings of the great mass of the people, and
the princely wealth of the few sharpers who
manage its operations Its fluctuations keep
the commercial world III turmoil. mIts con-
ventional value makes 1.-THE prey to every un-
forseen difficulty in the history of the State
adopting it. The loss of battle-the
failure of a crop--the burning of city--the
losing of vessel--or dishonesty in the per-
sons managing the machinery of paper mo-
ney, throws the State and people relying
upon the use of it into an uproar; and fire.
quently produce distress from which they
do not recover in years. In the beginning of
the last century, the people of France got
drunk Oh the delusive dreams of wealth,
awakened by the Mississippi paper money
scheme of John Law. The bursting of that
bubble spread desolation and distress through
out the Kingdom; but it was lesson big
with instruction, and the French people pro-
flied by if. In England the system has been
productive of results Of greater terpitude and
ruin. Her National Bank and National Debt
commenced their career of tyranny together.
Nhe Bank is the mother of the debt, and Justly
chargeable with all its evils. Their Bank
has existed one hundred and fifty years
located in the commercial emporium of the
world-concentrating within herself the con-
troll of the business of the most commercial
and manufacturing people on the globe
mistress of King, Lords and Commons, in
extending and Withholding "the sinews of
her commerce covering the
seas, and her manufactures multiplying on
land-with trained army to defend and sup
port her in parliament, and the monarch and
ministry subject to her heartless dictation
and control; she has been unable to preserve
he credit of aa6spromises to pay; she has
,ot been able Eakiling to secure uniformi-
y in the value of her evidences of indebted
less. But in every financial storm-in
every commercial embarrassment, generally