The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-05-21

country demands; and therefore we arc
driven 10 this resort The bankers them
selves BY their unworthy and base conduc
} have driven US to it.
Let me before | take my seat refer to some
OF the opinions expressed by distinguished
men on this subject of banking. | allude
10 Washington, Jefferson, the elder Adams,
John @. Adams aud Daniel Webster
Gold and siIpcr ps. bank paper,
"Ne State shall enter into any treaty alliance or con.
federaton grant letters of marque and rcprsa coin
e emit bills of credit make anything but gold and silver
expost facto lFw, law impairing the obligation Of con
tract5 grant any title of nobility 10 Of The
stitatioh of the United States. ~
/" Drive out all paper and specie will flow in upon
the de''-.dndrew Jackson.
Gen., Jacksoa's dying ,uords.
Give them the working classes honest government
money not paper currency, for their labor, and all
will be wei '--Jackson's last words TO tho american
| people
Je6crsoa's opinion.
sincerely believe that banking institutions more
dangerous than standing armies. .7homas Jefferson to
Johs ,an. Taylor Of Caroline, May, 90, 1916.
Of all the contryances for cheating the lahoring classes
Of have been more eectual than that which
deudes them with paper money This is the most eiecua
OF inventions to ferze the rich mans field with tho
sweat Of the poor mans brow"Danet Webster in the
| United States Senate 1852. t.-l
| John Adams's opinion.
at will be in vain talk of public credit until we re-
to the pure unmixed circulation of standard gold and
silver John Adams TO Col. Joseph Ward October 49,
E1609 l'-
| Hear what the immortal Washington has said of the
II never heard, and / hone shall never bear unv
serious mention Of paper currency in the state do
verify believe that the greatest os we hnve in thn world
could not deyise more erctnnl Man of rnin;ng Viz
ginia." r'N" y
I is of the greatest hum0ugs ever attempted to he
] tbafNI
the world TO answer ali the necessary wants Of te com
munty "-9ndre,o Jaekson IN Mose: Do,nson Nrorsnbs
"a, 1915. '''"''"'' '"'''' 11NV'0" ''"'''DO''
| <tI n
UeheTat HdITtSonS OpRa0n
am not n bank man. Once In my life was; and then
me out Of eeery dollar placed in their hands,
-Seaorat Harr,son's Dayton spsech
ueherM washington, In letter to Mr.. Stone of Mary
land says:
y 40 not scrupe to declare that If had vote in
your eglsaiure it would be given decidedly against
paper omission upon the general principle of its utility
as substitute for coin, or the necessity of its
diqnL 9nl
James Mndison in the Federais at the close of long
article agninstrag money, says:
taddton to all these persuasive considerations 1t
may be observed that the reasons which show the
sty OF denying to the States the power of regulating
con prove with equal force that ey ought not to be at
liberty TO substitute paper medium in the place of
coin
HenTU Clan on COrDorGtiOn.
Whet is coTnoroticn. sucb osfbe hill contemn,otesq
II is snIondd ossociotinn oF fosl ~ ~ IN ;di da i,Ion
from, tha mass oS soc;e,,, ,nd ;roSd ith o aNu
and Surrounded with imni,ies @ aS nriIaao wl
But all interpretations enjoy eTcldSipe
ProegeS-ht 49, the corporators have privileges which
stead of one ye have au & you Cfeae y IN
speeoh J Hon H. Gay IN me United States Senate,
PeOa'y ~ oil 0" "e reehart'r Of the United States
D9tI: @i q: ,,,..,
II you prohlblt tue banks from Issuing more paper
cn cnn tey 70 redeem It with they viii not ac
eep & lney would rather loan out the real money
ey nave IN their vaults than to he at the expense of
plei moey' II tney are 10 make no pront on IL,
. @ @s age oNey 40 not oaat hconce 10 tendit Ihey
L.,
WINE a te cst OF tle community ma tunlawf I'll TO de-
ndna Evtrnct more s,n, oaH M SIX Rer cent,-Iappan
MI. WEBsTEas speech on the Bank oil the
Satt naon ad beseG sG than the United
States There was no nation which had guarded rs
and those who enacted the earv Statutes ths see
were They had felt and therefore duly
sedulously guarded the currency Of the United States
sntes ro% ana shS o egd @ Of the United
regard TO which the Congress had into folly Gold
Snd e a if be s law p e
tie present state Of the world be other
specie from circulation the government had been obliged
in eea d YVTo Of f existing I. to receive the
missed by law the money of the country which was not
ws an nlcp5ta ev VICE. ouy TO he met o once no.
cause it would grow greater BY indulgence. In the end
and the sooner that was brought about the bee
n If Congress % were forty statutes on the subject
than Il now was thai nothing should be received @ Iso in pay
81 s aey G e but pe AnS %
this subject The whole strength Of the government he
@ n1 Sg 70 s
re4SHy %Hooi. of the :. .sslt country"
aThe federasts look to single and splendid govern
msn' n% Of an founded ba%kn institutions
piundered pIOughman and beggard yedmanry This will
10 % em anS ae1 e1sns 3 s TO- the ssnno of
see nothing in dis but general decentralization Of this
nss r?' unu n''ns from ''' n0n's' INDUSTRY and earn
intend Continued Mr.. S.) that these ex-
tracts shall go home. intend 10 stand or