The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-04-23
BANK NoTE ENDORSEMENTS.


stupidity considers "black guard inscriptions.''-
The following opinions Of the character Of papei
promisss are strong truths uttered by great men
Thsy are the right kind Of endorsements on
bank promises, because they are warnings Of the
fralty and instability that marks their character
And truly We do not wonder that bankers and
their friends hate such inscriptions; it is like
making thief bear about with him legible
record of his crimes
As to the Bankers, there is but
little difference between them and
counterfeiters; if / should give any
preference the counterfeiter is the
best, for neither Of them ever expect
ed or intended to pay their notes.
The Banker, more bold and daring,
robs thepeople under cover and pre-
tence oflaw-the hecounterfeiter, more
difident and unassuming, robs the
people without law.-JOhp Quincy
adams.
"Of all the contrivances for
cheating the laboring classes ofman-
kind, none have been more effectu-
al than thatwhich deludes them with
paper money. This is the most ef
fectual Of inventions to fertilize the
rich mans field with the sweat OF
the poor mans .":-Daniel
Webster.
"It will be in vain to talk of pub
lie credit, until we return to the pure
unmixed circulation of Standard
Gold and Silver."- adams.
HENRY CLAY ON CORPORATIONS.
What is a corporation, such as
the bill contemplates? tits a splen-
did association of FAVORED individ-
uals, taken from the mass of society,
and invested with exemptions and
surrounded with immunities and
privileges. y n n
But all interpretations enjoy Ex-
elusive PRIvILEGEs-that is, the
corporators have privileges which
no others possess; and if you create
fifty corporations instead ofone, you
have fifty privileged bodies instead
of one. Speech of Hon. Henry
Clay, in the U. S. Senate, Feb. Goth,
1911, on the re-charter of the u. S.
Bank.
/ am not a Bank man. Once in
my life twas and they cheated me
out of every dollar | placed in their
Harrison.
"No State shall coin money; en-
/ bills of credit; make any thing
but gold and silver coin a tender in
payment of debts" ~. 8. COnsti-
4tiOn; Ars. 1, Sec. 10.
II never heard, and I hope 1
hall never hear any serious men
ion Of a paper currency in the
tate. l do verify believe that the
greatest foes we have in the world.
,ould not devise a more effectual
Ian of running Virginia. ."--George /,
Washington.
II sincerely believe that banking
Institutions are more dangerous than q
armies. . ThOs.Jefsrson.
at is one ofthe greatest humbugs
YER attempted to be imposed on a
eople, that there is not specie en-
ugh in the world to supply all the
ecessary wants of the community" J
lndreso Jackson. 2
The manufacture of Paper Mon 2
y has been attempted in every form
nd it has signally failed in ALL t
fartin Van Buren. b
elf you prohibit the banks from j
suing more paper than they have i
'ecie to redeem it with, they will &
ot accept charters. They would q
lther loan out the real money they q
i've in their vaults, than to be at i
g expense of making paper money, e e
they are to make no profit on it. 3,
EN- WHO HAVE MONEY DO NOT :
ANT A LICENCE TO LEND 1T. They th
ant only a licence to get eighteen j,
# cent. interest on it, while all the th s
st of the community find it unlaw- ss &c
to demand more than six per We We
nj. Iappan. sa se'
tio