Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1845-01-14
REMARKS or MR.. HARTLEY,

4 ~ ~ = %tN7A StHl
Fsnl,
HAR1LEv said, ikai he would brief.
y staas.hls OBJECTIONS 10 the bih. and Ibe
reasons which governed him ia opposing
IT. AND h'si, he must be permitted 10
press n IS slQnlshmeni, al aha .Eem.Eks.
made by1hs bonorabis Senator from CuV.
ahoga, tMr. ks,ley,) against ;Is bill
The course Of iha WhiS pqIty in the Jeg
sazzjslalare has eger=beeii 10 oppose tzFs--
slTlelious and safeguards on banks. He
Wonld eipeal TO she journals Of The Leg
isiaiuseOf40 Ohio for the last ten vears.and
aaa,o the Jonnals Of Congress, 10 prove
- that the.whigs ss political party, have
msaiways defended the ruinous abuses Of
~ the banking system, and strshuously re.
sas sisted eli attempts 10 impose sslutaTs
gfisalegHards and checks1ap thnse who
.slFez zareiss iths extraordinary privilege OF
making paper money. The Senator from
y NugahOga, therefore, has laid himself
y ta6le TO DO excommuncaled from his bar.
s'a opposing this bii, on the ground
ihabitallords no safaly 10 the public
,9 Safety to ihe people sgai6sf bank failures
ie iFduds and swindIing,is matter Of small
'Homeht with theSensior's political party,
when deiegating The exclusive privileres
10 The hsmanuiaclureFs Ofpsper money!
Loose aDd ungaarded as This bill is, il is
destined 10 pass. &a5l p
Mr. b. sold that be was opposed to con.
1errng any additional powers ON the Ohio
Life Insurance and Tfusl Companv he
cause i had already too much power
u is gigantic cotporalation which now
wlelds more political power than ali 9th,
CT institutions or companies belonging 10
lhisSlate. Extraordinary as II may seem,
yet Ills d TACT that this company Il a
saoried officer under ths State govern.
snent, ai ahigher salary than /, psid 70
~ any other officer Two thousand dollars
year are paidto this company ft,t allow.
ing rs cashier, who resides ii Nsw York
city TO act as the agent Of our Board Of
Fund Commissioners. This COMPANY.
BY means Uf this public frHst, has the en-.
tiIe control and management OF lie debt
Of the State The members or Inc Fund
Board afe mere creatures in The hands OF
this gigantic company. They know but
very little about The manner in which this
company wields tIs credit olOhio among
The slockiobbers Of Wall street. THIS
company is :tSeI! an immense stockioSber
and its Bciual and real location is in Wall.
street New York. Ilhas an gency oca
> ted In SlrOst every county in Ohio. ready
y oaid, and actually aiding Il III all It's am
btiOus Struggles for power and rscendan
cy This extended combination and wide
spread ihhOence Of money Is concenlra.
led ia this ins'itntiOl ind welded silent,
ly an unseen, but with Irresistible effect
When Il wants additional powers and fa-
clllies, Il stalks into the halls Of ourI 90.
islalure. We move hero IT, the midst of
lis inGlnencence and bfeathe its contuqion
without being able 10 grasp 1t ia any tan
'gible CT visible form. It's agents, trus.
tees. stockholders, debtors, expectan,s
aud dependents mingie among US. Its
insi linus schemes for krasping The iber.
ties Of The people, are covefiiy brought
forward Under plausible preieRces OBS
position 10 i, is o!ten sleLced by threats
by fear OF self.inefess. And those
who fearlesily resist u are often crushed
and destroyed under its combined inAu.
once. II claims 10 be the Teposiiory-!I
the keeper Of the credit Of the people Of
Ohio. And Il has besn intimated BY The
Senator EOu Franklin, (Mr. X, the au.
thor OF this bill, that unless this privilege
OF making . half million Of paper mnnoy
was given TO this company, that como dif. /
Guilty would axisi ia raising means for l
saving The credit Ofihe State. This mo. I
nppolizng company in The plenitude of
lis arrogance, claims that the great people i
OF Ohio are dependant on Il FOR the pres y
eEvatiun OF the credit and honor OF The h
Slate. sach bare faced and unblusi,ing n
presumption and arrogance deserve TO be Il
Fsbuked severely Fehnked al the hands Of a
the people. This company has been GOV, il
ertly operating forth increase Oflhe debt q
of Ohio for years, as fast as il could profit m
byit. And while lhis company Retains IL
lie power and ascendeEcy over the gov. D.
eminent, the good people OF Ohio need 81
not expect 10 ever get rid of The burden pl
Of government debt. This company va
has The power BY The lsdger.domain Of o
siocklobbiRg, 10 dopress oFTase The price fiji
ol OHIO stocks In Wall street, as best on
suits lie interests. By the power of con
trolling the debt Of the State, Ly wield- sci
ing two millions Of capital loaned out in ia
The several counties by ils numerous Wi
agencies and bank attorneyshlps, by iis me
dealing IN the exchanges, by lis stockiob. ne,
blng. BY iis deposits, this company il ira,
already too powerful, without the liberty a(Fo
Ofconyetliag its debts into money lial
Again the cashier oftbis company ,ac- mu
ting as agent for the Fund Commission. i
sevs.has been chageedsby one OF The Fund aw,
Commissioners with FesissuinR cotuf. lin,
cafes Of stock of theSlstes affair tha ssr,. ill.,