The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1845-03-07
On notion,

hesoVed, mat the thanks of this meeting are
que d. T. MErcALF Esq, for his able and interest.
ing speech and that he be requested to furnish
a copy for publication in the Kalida Venture and
Ohio Statesman.
II. S. KNAPP, from the committee on resolutions
reported the following, which were unanimously
adopted:
Inc iederal majority in the present Legislature.
iaVe III iagrant violation of the Constitution in
disregard OF the cardinal principles of free 90
Vernment, and in utter contempt of the teachings
OF experience, passed law authorizing the esto-
blishment of host Of Banks of such uneounled
powers OF corruption, that, if suffered TO go into
operation, they will control the politics and purse
of the People of Ohio.
The origin and progress of this Bank scheme
through the General Assembly; the voting down
every restrictive amendment by the tran-bands Of
Bank Federalism, is evidence conclusive that il
was the intention of the trainers of the scbeme
10 restore the worst era of legaized Bank pillape
But 1t is not solely on the ground that the act
lately passed is loose and unrestricted act, and
that 1t was begotton in sin and BROUGHT forth in
lhqulty,' that we oppose it and demand its repepl
as from settled conviction that all acts incorno.
ratng Banks OF discount and issue are in direct
| conllict with the organic laws of the land-thot
they are incompatible with the existence of Re-
publican government, and fatally destructive of
patriotism and morals.
Inc present act however, we regard as one of
unusual, stuPendous uity-partcularl on ac-
count OF its connection with the public debt Of
the State;- its subserviency to the interests of
! the ONO Lille Insurance and Trust Companv.-
lts mortgage OF the taxes of the People to the
Bankers, Fundmongers and Stockholders. ore
cisely upon the basis of the British model - and
giving that class direct interest in making per-
petual the Public Debt, and increasing it TO the
| amount will tha ohi 6
ensaVed People to pay the interest.
| therefore, as well from a settled principle of
hostIllty to all incorporated Banks as from con-
ylctlon that the act recently passed is frauqht
with political, moral and financial evils of the
greatest magnitude, if suffered to remain upon
p me statute Books-be it by the Democracy of
Putnam here assembled,
Resolved, That we regard the late passane of
he!ley's Bank Bill through the Legislature of
ONO, under the lash and spur and meretricious
appliances OF the monopoly interest Of the State.
headed by the Life and Trust Company. as a sin.
nal triumph OF the Bank Aristocracy over the ma
tural and Constitutional Rights of the People.-
and that we pledge ourselves to our brethren of
other portions of the State to labor INCREASINGLY
until the Statute Books purged of the foul in
iquity.
Resolved, That the bill to create the State
Bank OF Ohio and other Banking Companies,
when stripped of all its hummery and verbosity,
u
taxes and labor of the People to an Arist0cracv
OF Bank Swinders, Fundmongers and Stockiob-
bers.
Resolved, That it was prcsuming too far anon
the ignorance and forbearance of the People of
ONO, II 1t was supposed they would quietly sub
mt to the chains which have been prepared for
them. The Bank Aristocracy must obliterate
from the minds of the People the bitter expert
cnce of the past they must destroy the record
ry and crime of the paper money system when
ever and wherever and however attempted they
must destroy our veneration for the precepts Of
JEFFERSON, TAYLOR, WASHINGTON, MADISON. JACK
SON, TAPPAN, and of all the illustrious men who
were instrumental in founding and perpetuating
the Republic.
Resolved, That we regard the Ohio Life Insu-
rance and Trust Company, as an institution most
dangerous to the rights and liberties of the Poo.
pie OF this State-that we consider the late Bank
bill MS chiefly the work of its retaners. and in
tended to add to the dangerous powers already
possessed by that overshadowing monopoly-and
we regard it as the duty of the Democracy to rid
the State of the monster, by eifecting such an
amendment to theConstitution, as will make the
Judiciary responsible to the People. instead of
the Banks, if such amendment should be deemed
essential in order TO consummate measure which
we consider as being SO essential to the public
safety
closes tbe sonses of sor,o 81 whlcG
patriotic men and lurss tben, ;ntn nU"es. anu
the nener money svstem in Tho f,oo of I Jo Vi
trous experience of the past and of the Hohts of
civilization and christianity, is much less excusa-
Die OF accountable than the blind devotion to a
corrupt and ambitious priesthood, in the early age
| of barbaTism.
Resolved, That our Senator in the Legislature,
JOHN W. WATERS, Tor his faithful and sedfast
deVotion TO the rights OF tho People, as exhibited
niordit of :. VIII dona nod W. %,i lii Win tho