The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-01-08
HOUSE OF REPRESENTATIVES,.

In the House of Representa- tives, on Tues
day the 30th ult.
Mr.. Noble, on leave, from the standing
committee on the currency, to which had
been recommitted bill supplementary to
the bill to incorporate the State Bank of
Ohio, and branches, reported the same back,
with sundry amendments; which were agreed
to.
After agreeing to the sixth amendment of
the committee, to wit, adding the following
as section 8: "This act shall take effect and
be in force from and after the time the Board
of Control, majority of said board concur
ring, shall file their assents to its provisions,
with the Secretary of State"
Mr.. Reemelin said, that this was certainly
one of the most humiliating pro positions yet
made, that law passed by the General AS
sembly of the state of Ohio, should only be
in force when accepted by the bankers them
selves. Are we not handing over all legis-
lature power, TO the bankers? Are we not
admitting, that our legislation should depend
upon the bankers will, and not upon that of
the peoples Representatives. He thought
that the whole bill was putting the cart before
the horse.
r The amendment was sustained by party
vote.
Mr.. Vallandigham protested against the
manner in which it was attempted to horry
this bill to its final passage. The member
from Pickaway, who desired to offer import
ant amendment, was absent from his seat,
and ho would therefore move that the bill be
oro;r co,oyniftod IN q cnnnoiftoa of tho uholp
House, and made the order Of the for to-mor-
row. The motion was lost.
Mr.. Finn moved 10 amend the bill, by
striking out all after the enactng clause, and
inserting bill repeating the banking law of
last winter.
Mr.. Foust moved that the bill and the
pending amendment be indefinitely post
poned. Lost-yeas Is, nays 45.
The question was then ON the amendment
of Mr.. Finn, and lost-yeas 10, nays 45, as
follows:
YEAS-Messrs, Abernethy, Anderson,
BAckley, Brown of Perry, Cockerel, Com
-ings, Dial, Finn, Higgins, Knapp, McMakin,
Reemelin, Smith Of Knox, Totten, Vallandig-
ham, Willford, Williams of Columbiana,
Williams of Coshocton, and Yost--l9.
NAYS-Messrs. Allen, Ball, Barnes, Bell,
Bowen, Boyd, Brown of Montgomery, Candy,
Chandler, Cowen, Curry, Cutler, Ferguson,
Foust, Harvey, Irwin, Johnson, Johnston,
Kimball, Lennon, Mcintosh, Mason, Moul-
ton, Noble, Parcher, Phelps, Randall, Richey,
Ridgway, Riley, Sharp, Shaw, shrive, Smith
ofLicking, Stanley, Stoyer, Summers, Swartz,
Thomas, Upton, Trimbe of Highland, Trim
BILE of Muskingum, Wright, and Speaker
--44. '0-
MIR. Vallandigham rose, and spoke as fol-
lows:
MI. Speaker, calling, upon bya procedure,
to say the least, ungenerous and unfair in
legislation, to record, Unexpectedly, my vote
now upon this measure, it is fit that the rea
sons of that vote be assigned also, and go
forth to the public with it, | am opposed TO
this bill. l snail vete against, it, in all its
stages, and in whatever form il may assume.
Ayerse, upon principle, to the whole paper
money system. Ihave not stopped to inquire
what its details, are, or whether these are
defects in it, which need remedy. Salts
fed that currency Of paper money is at war
with the genius and spirit of our Institutions
full of evil and radically and incuraby de-
fectve, am not curious to look into the
amendments or reforms which its friends may
propose for it. | look forward earnestly and
resolutely, to the entire revolution of public
opinion upon this subject. To that complex
ion, Eknow we'll, we must yet come. If you
of the majority are in love with such cur
rency, and desire to hew it into shape to
please yourselves, so do; but call not upon
the minority to assist. For my own part, l
have but one, short, yet emphatic, vote to
give upon this question. That vote-and
It was but the deliberate Judgment of my
mind, and in redemption Of the pledge given
to those whom, in part represent-has been
recorded for the total and unconditional RE-
PEAL Of your whole banking law and system
of the last session. | am not concerned,
therefore, to see it amended, either for good
OF for evil. That province belongs to you
gentlemen of the majority you, the friends
Of the system. Seeking the entire demolIsh-
ment of the whole superstructure, cannot
consent to lend any aid towardst the finishing
Of the cornce, or fret work, or other archl-
tectural decoration which the classic taste OF
the worshippers of the, temple may deem
necessary to its perfection.
know, Mr. Speaker, it is easy-very,
sasy--to answer all this with rldicule, and