The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1846-01-21

they have acquired, and Will maintain, dominion
over the state, and thus secure TO themselves
not only the power of exempting from taxation
their capital invested in their fraudulent institu-
Itons, but, the means Of imposing taxes upon the
farmer, mechanic, and laborer, TO any extent that
party extravaganza and corruption may desire.
For uncompromising hostility to that system,
hope that every democrat in Ohio will pledge
| himself
To the subject of banks, and banking in gene
raj, have given all the consideration its great
importance demands. Although believing them
dangerous, l once entertained the opinion that
banks might be SD guarded and restricted, by le-
gislatIve provisions, as TO be of sufficient benefit
to tolerate their existence but subsequent refec.
ton and consideration have convinced me, that
/, any system of banking that can be devised, must
be based upon unequal privileges, by which the
few gain wealth and power at the expense of the
many, and therefore violating that great princi-
pie of our overnment-'Equalty.'
Again: the sad experience, especially of the
people of OHIO, and the records of our courts,
both civil and criminal, show that all the guards
and restrictions that may be thrown around
paper currency by law, furnishes no adequate Sc
curity to check IFS evils and Frauds and clearly
indicate that the peace and we'll being of society
require the abandonment of all grants of corpo-
rate and special privileges. Some evils have de-
Iveloped themselves in our system of stale govern
ment which seem to require an organic remedy,
and indicate necessity for a State Convention,
TO amend the constitution, and thus provide such
changes as experience has shown to be necessa-
ry In my opinion, the constitution should in
clear, express, and unequivocal terms, prohibit
the granting OF all charters and exclusive prvile-
ges. The power of creating a state debt, and
imposing taxes upon the people, should be limi-
ted within just bounds. Judges, clerks, and all
public officers should be chosen by the people,
whose servants they and to whom they should
be directly accountable. The judicial system
should be so amended as to prevent the delays
and vexations of law, now attendant upon courts
of justice. The abuse of too much legislation,
should also be corrected
If these views should be in accordance with
those held by the convention, and can promote
them in serving in any capacity, shall not shrink
from the post, no matter what may be the sacri-
fee to my own interest and convenience.
Looking forward TO the labors and difficulties
10 be encountered in the coming campaign, with
an abiding conviction in the truth, and confidence
in the honesty of democracy, and strong hope
for its success, s,were to consult my own feelings,
| should greatly prefer that the democratic ban
ner should be borne by some stronger arm than
m,ne. But should it please the convention to
entrust it TO my care, it shall be defended by
stout heart, and whether leading on to victory, or
borne down by defeat, it shall never be deserted
and never surrendered. Respectfully,
DAVID TOD.
On motion, it was
ResolDed, That the Convention take recess
until o'clock P. M.
AFTERNOON SESSION.
At the appointed hour, the Convention again
convened
The Chair announced that letter addressed
to the President of the Convention had been re-
ceived from Richard Warner, of Medina county,
which, on motion, was read TO the Convention
Whereupon it was
ReSolred, That the communication of Mr..
Warner be published with the proceedings of this
convention.
To the President cf&e sth Of January Con-
rention:
SIR: My name having appeared in some of
the public prints, a candidate 10 be presented
to the Democratic State Convention, for the of
flee of Governor; and, as am prevented by un-
foreseen circumstances from attending that con-
vention in person, deem it not improper that
should inform you, and the convention through
Iyou, of my unalterable determination not TO con-
sent TO be candidate. highly appreciate the
honor intended by the mover in bringing my
name before the public for so distinguished an of.
fee. But am too anxious for the success of
the democratic party, to allow any thing perso-
nal to myself to have the remotest chance of in
terfering with the prospect of their success " hch
much depends upon their unity. And if they |
can be united without sacrificing any of the prin-
ciples of democracy, and | am sure they can,
their success will be glorious, and work worthy |
of being commenced on the glorious Sth of jan
uary. My own opinion remains unchanged as to
the importance of ddhering closely in prosperity
and in adversely 10 correct principles. If we
abandon any principles of equality for the pur
pose OF gaming temporary success, we inf1ict /
lasting injury upon ourselves, and the cause we
undertake to support. II we have erred hereto.
fore, in departing from any of our principles, let
us Immediately return, and if human progress
and the progress of events call for the adoption
of any new measure for the purpose Of carrying
out the eternal principles of justice and equality,
let us not shrink from our duty, though our ene-
mics sneer at what they call progressive demo
cracy. The surface of our noble state, so uni
formly even by nature, has upon it a mountain of
state debt, and in this mountain are numerous
volcanoes, called banks, ready to burst upon u.s.
The governor has told us that the bank question
is settled by the law Of last winter. Ifths is so,
then is the triumph of federalism complete
then moneyed arstocracy, with exclusive pri-
vieges given them BY law, are allowed to plum
der the people forever, without responsibility to
either the civil or criminal law--then are we
become slaves indeed. But | apprehend that
this question is not yet settled in this manner
Iapprehend that the democracy will war against