The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1845-10-08
NTr. rTiUigan and the wines.

lAAs anu 7eAAC mss
A number of wings of this county, addressed
Mr. MILLIGAs, the democratic candidate for Re-
preventative, the following letter;
WIN. MILLIGAN, Esq
Dear Sir:-As the Democratic State Conven-
tion assembled in Columbus, July 4, l645, resOl-
we'd on the repeal of the present Banking LAW
making the direct issue at the coming election
"banks or no banks and as there are contradic-
tory reports in relation TO your sentiments on
the subject of banks and the currency, we, the
undersigned, wish to know if you are elected to
the State legislature. if you win go in for sus-
tanning the present Banking law of Ohio, or go in
for its repeaI2 An early answer, in writing, is
requested. MIR. John Hayerfed
will call on you for your reply.
James Maxwell, Walter II. Bell, Josiah Craig,
and % others.
TO the above letter Mr.. Millgan replied as
follows:
CADIz, Sept. 26, IS45.
To John HdrerfeId, James MarweU, and Others:
Gentlemen: In reply 10 your communication
would respectfully say, that deem it to be du-
ty which every candidate for any legislative Office
owes to his fellow citizens to give his views, when
Icaed to act upon if elected. | do not under
stand the resolution adopted by the Democratic
convention which met at Columbus, on the 4tll
of July last, as presenting the issue of "bank OF
no bank" If elevated to seat in the Legislature
jby the suffiages of my fellow citizens of Harri'
son county would, in case the subject should be
brought up, vote for the repeal, amendment, oT
modification of the present Banking law, so as to
adopt general system in Ohio that will give am
pie security to the bill holders and afford a rea'
sonable profit to the stock holders, having, at the
same time, due regard for the interests of those
who have made investments in the banks alrea
Idy in operation under its provisions. | am re.
spectfully yours, &c,
WILLIAM MILLIGAN.
These sentiments Of Mr.. Milligan are concise
and explicit. He seeks not to conceal his views
but comes out openly and above board as an ho
nest man should. Mr. M. repudiates the issue
that the whig party are attempting to raise o
"Bank or no Bank" and says that if elected, and
the subject should come before the Legislature
he will vote for the ''repeal, amendment, or mo
dfcation'' of the present bank law. VIII any
honest man of either party object TO this? Ger
tanly not Hundreds of honest wings know tha
the bank law is very imperfect--yea, volume
of imperfectons; then why not amend or 'mo
Idify it, so as TO meet the views of the people 0
the state AS TO the repeal of the law, which
at present oppears to be terrible bugbear to th
wings. we think they need give themselves nj
uneasiness. We are of opinion that neither Mr.
Millgan or the democratic members of the Ohit
Legislature, will ever be called upon TO vote 70
the repeal of the bank law; for we give it as on
deliberate opinion that the whole system will ex
plode, and that before very long, by reason o
| its own intrinsic rottenness. To think of bank
doing business without cent of specie in thei
vaults, with safety to the community, is an lde
that no person but lunatic would advance, an
every man of common sense who has read am
can understand the red dog bank law, knows il
| his heart that the system is base humbug
grand swindling scheme, concocted by Alfre
Kelley and parcel Of Shylocks and speculator
Tor the avowed purpose Of heecng our homes
farmers and mechanics of their hard earnings.