The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1846-07-04
Vol. III. No. le.

establishment Of banks-the concentra-
ton of power into the hands OF the
few to the runation Of the many. The
people do not want paper currency,
for the reason that there is nothing SUBJ
stantiaI or sound about it. but pregnant
with evil and corruption.
The tax law, another leading meas
ure Of the federal party, more clearly
proves what we stated in the COM
mencement Of this article, from the fact
that it comes more closely home, and
all are enabled to see its inlqUitous OPP
erations, at single glance. Under this
law, the gun. beehive, saddle, loom,
wheel, cow, sheep, pig, &c., Of the poor
man are taxed for the support OF the
government. Your land too is taxed
at its actual worth, and the improve
ments YOU have made by your industry
are also taken into consideration, which
of course, help to make up still larger
sum for taxation. After levylng tax
upon every farmer or mechanic to the
utmost extent, we would inquire whe-
ther the same course is pursued with
the banker? Most certainly not. he
is not only clothed with power, in the
way of issuing " money" which no 9TH
er man possesses, and which right no
legislature has power to grant, but ne
is exempt from taxation except upon
what he makes clear from the people!
He nro6ts alone are taxed and them
only. How dangerous then is 1t to
place this power, these privileges IN
the hands of bankers? So powerful
are these engines of corruption that
even our legislature dare not tax them
as other men are taxed! Now if the
federalists exempted banks through
fear of their influence, how. important
is it that such institutions should be
banished; or if they taxed them on their
profits only, because they believed this
was right, and in accordance with fed
eral principles, how much more impor-
tant is it that the people should arise
in the majesty of their strength and
blot from the pages of the statute all
laws conferring such Infamous distinc-
tions upon few men? No law should
exist. much less he carried into effect,
(unless to convince the people OF Its
inlouities as is the case with the tax
law,) which places the burdens upon
the shoulders OF the toiling portion OF
community for tho purpose OF aggran-
dizing the heartless nabeb. Such is the
tendency of the banks and tax laws OF
federal creation. But we are happy to
find that the peope-both wings and
. democrats--are fully apprised Of this
fact. We rejoice to hear the federal
,, party condemned as the people are now
doing in all parts of Ohio.
Much has been said OF the oppres.
sion and injustice Of the ancient federal
> party, but if we are not greatly mista.
ken, the federalists Of the present day
are more dangerous and corrupt, toi
the reason that they are better schooled
in rascality and corru ption by the op
!. Grafton of banks and bankrupt laws
They are not as honest as their fathers
. for they will not openly avow theil
:, sentiments, until forced to do it.
u LIE: the people bcarall of these thing:
= in mind, and when an opportunity il
:. offered for them to chose men, to rep
~ >. resent them in our State Legislature
q let them be sure that they elect thos
- who are not in the least tainted witt
y ). federalism. Remedy all errors ant
= wrongs of federalism at the ballot box
:, bv voting ,Uith and for democrats!