The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-07-16
BANK OPINIONS.


.| u
fiold and silpey IS, hank paper
W stfe s,aI entar Into alliance treaty orapy
foderaiiou grant letters ofmnrquc and repiisa coin mon
~; emit ta ofefcd make any tne ht 6oid and silver
expos; fncio law law impaiting The 0bgaiion Of con-
tracts gren any tine of nobility ~ @ she con
SiitntisA.ef fhs United Sates SIS
Gen. Wasbiagton's opinion.
.syds ssss so,so hsa' q paper S s ses %
verify believe that the efeatesi foes "a the world
could not devise more efectual plan Of running Yir
s'e' General Warrington ri letter % MI Stone u Mary
land says *. " .s . h
vonr eriglaiure il would be given decidedly neainst
paper omission upon the general principle Of Us utility
substitute for COIN or ne necessity of its ps me
Jeterso1's opinion. AS
II sincerely believe that banking institutions are more
dangerous tlhn standing arnies Js8erson 70
aTbe federalists look 10 single and splendid govern
ment Of an arsocracy founded banking institutions
pundered r pioosinan and bessard yeomanry. This win
he 10 them next best blessing to the nonarcy Of their
FIRST ana hss SSs s spD sSHs & 81
nation and Itching from It's honest industry and earn
John Addas's opiaion.
at will be In vnn talk Of public credit, until re-
sa the pure unmixed ejaculation Of standard gold and
silver "John Adams % Cal Joseph Yard October 60,
James Madison's opinion.
James Madison In the Federais mt the close Of long
nfticie nrninstrag money, says: y ~ te tG .
laddition 70 all these persuasive consderations, y
ss o SsSsa to'' ss be- he % %
CON- prove with equal force that they ought not to be at
liberty TO substitute paper medium in the place o.
coin." VI, NJ
Gen. Jdckson's opinion.
dive them (the working classes) honest government
freedom from monopolies and privileged classes hard
win b well.Jaeksoa's last asords 70 Tho Am'riean
pssg,s ., ~ !, .os,,s I II ,o Il ,ponus us
a i,s one o ne Bgs ever attempted to be
imposed upon people that there Is not specie enough IN
-.ahdrsU Jaekscnto Moses DaOson,. Norem6cr
Judge 1dppas's opinion.
If YOU prohibit the banks from issuing more paper
than they have specie to redeem it with, they viii not nc
cop chAite They would rather loan out the real money
they have In their vaults than TO be Of the expense oi
making money Z asy age g aas q i1h. They
wantony cence to get eighteen per- cent interest on
while athe rest Of the community find hunawfu 70 de
Innnd more than six per cent - TnRpdn. YEA fs
General HdrTison's Opinion. &
am not bank Once in my life was and then
thegc5satsd ofaeefg dollar placed IL
-Gsasral Harrison's Dayton sPseee. Vas
Heisgy Clay on Corporation.
s.yVhnt is eorporaton such the bill contempates?
It's splendid nssociaton Of aborsd indiyduals taken
from the nss Of society and invested WIN eAempslohs
But oil interpretations enjoy erctastpe
prrildgesthat is the corporatos have privileges which
no others possess and if you create nifty IN
stead Of one You have fifty privileged todies instead Of
Speech Of Hon. H. Ciayin the DATED S,aes senate
February ao 1911 che yssasrfer q fAs 0aea STATES
Bank
Daniel Webster's opinion. sq
of all the contyances for cheating the ahorng classes
OF none have been more eecfna than mat which
deludes them with paper money! rms is .he Hos'
OF inventions to fertize the rich mans field win tne
sveu or the moor mans Daniel Hebster an the
United Sfafes Senate, 1892. 80
Iixtract from Mr. WEBsTER's speech on the Bank OF the
I'm ted States February, 1876: ,is ..s..s,
-; No noton hnd a better currency than the United
states There was nation which had guarded its cur
rency with care for the trainers Of the cons'tuton
and those who enacted the early statutes oh .s
uppfeciated tile evils OF paper Medium Ihey neIeloIc
seduonsly guarded the currency Of the Uned 5lates
from debasement The legal CURRENCY Of the uhlten
efntes was rod and silver co This was subject ~
regard 20 which the Congress had into no folly Golo
and silver currency he said the law Of the land et
ome and Che law Of the world abroad. There COULD IN
fe present of the world be no other currency IN
onsoence Of the immense paper issues having banised
specie from circulation, the hnd peen oogeu
ia direct violation of existing statutes to receive the
amount Of their taxes in something wch was nor Ieees
Missed y law the money of the country which was mol
In fact greatly deprecated.s q = ss tsti 1@ " 81
hs was an evil which ought to be met at once be-
cause ii wond grow greater by indulgence Ii the
te must be paid in the eGu money OF the county
aud The sooner That was brought about, the better
If Congress pass forty statutes on the sunec
he said they would not make the law more conclusive
than thar nothing should be received ~ ply
IeIf Of dues to the government hut specie And yer no
regard was paid the imperative iunctions OF tue law
on thissubec The whole strength Of tho e
wasof opinion ongt be forth inc
of tie duties and taxes Of the IN ihe
rency Of the country FFF