Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1846-07-22
What does it Show?

The wings have pertinaciously declared
that the taxes paid by banks upon their
profits would erceed those paid by the farm
ers, mechanics and others who pay upon
every dollar they may haveinvested in bu-
siness, and the whig press with their stump
ers and brawlers who act as the lackeys Of
king Alfred, and his clan of public plum
derers are very assiduous in their efforts to
prove their declarations. 1t is to be expect
ed that the blood. sucking banks with their
brood of stipendiaries will exercise all their
ingenuity and cunning in attempting to
prove that any act of legislation, however
palpably unjust, which confers upon them
privileges and exemptions, though it impo-
ses the most onerous and insupportable
,burthens upon the toiling thousands, is just
and equitable. But we do not believe that,
when an act is so plainly and glaringly
wrong as is this tax law, that it is within
the power Of the banks, either by their wis
dom or their wealth to induce the people
into the support of it.
81 The official statement of the Banks made
by the Auditor of State shows that the
banks, if they pay for six mouths to come
as they have paid for the past six months,
will pay but four and NINETY. four hun
drsdths mills upon the dollar for tax, while
the farmers and others have paid hereto
fore, fourteen or fifteen mills. But, we
have been told that the additional amount
Of property brought upon the duplicate
would lower the per cent. and lessen the
taxes upon real estate. The levy for State
purposes last year was mills upon the dol
lar, and if whig arguments and whig asser-
tions were 10 be believed the additional
amount Of propererty upon the list should
have made the levy for State purposes for
the present year much less than that; but by
enquiring at the Auditors Office we find
that the levy for State purposes, instead of
being diminished, is increased to 8 mills
upon the dollar. And this proves most
conelusively two facts. First, that that the
people are to be compelled to pay 500
mills more tax upon the dollar for State
purposes alone than the monopolizing,
swindling Banks; and second, that the whig
croaking about tightening the burthen of
the agricultural interest, is, like their other
promises made to the people before election,
for the purpose of enabling them TO retain
the power which they have used for such
base purposes.
Every day brings to light some fact in
proof Of what the democrats have contend
cd from thefrst, that this law was gotten
up by the federal bankers and stock jobbers,
for their own special benefit, without caring
for the welfare and prosperity Of the peo-
pie. They have aattered themselves with
the hope that the power of their wealth
would retain them in power; but brighter
day isdawning upon the people of Ohio,
and the swindling bankers themselves be-
gin ofeel that sceptre Of power is fast
passing from thsif hands Let the people
but be true to themselves and to their in
,teresis and the second Tuesday of October
win witness the liaeof detected coons wend-
ing their way to their final homes at the
head of salt river navigation.
o. The fire at Nantucket destroyed
about 400 houses and the loss is estimated
to be from 100000 to 100000.