The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1846-05-28
BANK .Norr Evnop sr,,rrrs n

AAiO hOt5htu VI 1tiouiiitCSo, dS Qciitl6u
by the toady bank presses who ad-
vocate theA divine right of swind-
ling, is to print the true character of
bank note upon its back, or TO
cut from it "the pictures" which,
like the gaudy dress Of a harlot is
made to embellish rottenness, and
by so doing, lessen the filchings of
the rag-mongers about the tenth
part of mill. Thelamentations Of
coonery for whatever affects the In
terests Of the aristocracy of stock
jobbers and shavers iniuriously, is
in wonderful contrast with their de-
6cient sympathy for the real suffer
ings of the people. We conceive
the intensity of whig Indignation
should be regulated by the extent Of
wrong inflicted. Yet they will spill
ink in floods if but a zephyr rufies
the dignity Of a rag-baron, but ifI
the people are robbed by bank repu-
diation hundreds Of thousands, even
millions Of dollars, there is excuses
for the @unfortunate institution
which was the instrument of the ini-
quity, but scarce a passing remark
for the widespread ruin, misery, and
destitution which the financial gam
bling of swindling spectators has
inflicted upon the Industrious classes
Of the country. Peryersion OF NOR
al and political sense of right mark
the yotaries Of the paper delusion;
and this has become SO extended
that every lawful way to expose the
genuine mcanness Of bank robbery,
is rendered holy by the excellence
of the ebject.-Ed. Yen.
The following opinions of patriots and staresmen and Of
some who have abused their better judgment by sustaining
the couponsthey at other times had denounced good
endorsements Of the character opaper promises
Gold and silper ps. bank paper.
No State shall enter into any treaty, alliance
federaon grant letters marque and sprisa coin mon
Cyl emit bills Of credit make anything hut gold and silver
coin atende in payment pass any bill of atainder
tracts grant any title of nobility Of The con,
sttntioa Of ths United States.
Gen. Wdshington's opinion
s2"I never heard, and hope shall never hear any
SERIOUS mention of paper currency in the State do
could not devise more eaectua plan of running Vir
Ca. ln...., x.,..x,...a..i 4. ,t...2.-s,, 49,
lido mott scrupe to declare that if had vote in
ryour legislature, it would be given decidedly against
paper omission upon the general principle OF is utility
al for coin, or the necessity Of its as me-
Jefersoa's opinion.
"I sincerely believe that banking institutions are
dangerous than standing armies. -Thomasi Jefferson to
Joha Taylor Of Caroline, May, 90, 1876.
Tie federalists look single and splendid govern.
men OF an arisocracy, founded banking institutions
and moneyed interpretations riding and ruling the
pnndered ploushman and heggard yeomanry This will
first aim, and perhaps the srest stepping it,
see notnDg IN this but general decentralization Of this
nation and Ichisi from is honest industry and
ings." 4 f.resi Il
John Adams's opinion.
H will be ID vain to talk of public credit until we re-
turn to the pure unmixed circulation of standard gold and
siIyer faamst to co Joseph Ward, October 2s,
James Madison's opinion.
James Madison in the Federalst, at the close Of long
article against rag money, says
Il addition n these persuasive considerations it
sity of denying to the States the power of regulating
eon prove with equal force that they ought not to be at
coin.'
M Gen. Jackson's opinion.
aGlvethc the working classes) an honest government
freedom from monopoes and privileged classes, hard
money, not paper currency, for their labor, and all
will be well."Jacksoas last Dords to the American
people.
II is of the greatest hu6ugs attempted be
imposed upon people, that there not specie enough in
the world TO all the necessary wants OF the
mnuity."-Andrew JacksOnto Moses DaUsOn Nouem6er
"a, 1919.
Judge TaPpan's opinion.
"If you prohibit the banks from issuing more paper
than they have specie to redeem il with they will not
cep charters They would rather loan out the real money
they have in their vaults than to be at the expense of
%ssing paper money i sy are tG make no p1 9H IT,
want only cencc to get eighteen per- cent interest il,
while all the rest Of the community find unlawful to de-
mand more than six per cent"-7dppan,
General Hmrison's Opinion
!. nm not bank man. Once in my life was; and then
hsyeheatcd out placed in their hands
--Generdl Harrison's Dayton speech
Henry Clay on Corporation
..what is corporation such as the bill contemplaes?
Itis splendid association of fapored individuals taken
from the mass of society and invested with exemptions
and surrounded with immunies and privileges.
But all interpretations enjoy erclusioe
pripegeshat is the corporaors have privileges which
others possess and if you create fifty corporations in
stead Of one you have fifty privileged bodies instead of
one-Speech of Hon H. Ctayin the United States Senate
February 90 1911, on tho rceharter Of tho United States
Bank. 1895
Daniel Webster's opinion.
"Of NIL the contvances for cheating the nborng classes
of mankind none have been more efecua than that which
delades them with paper money This is the most cecua
of inventions to fertze the rich mans field with the
sweat Of the poor mans brow. Webster the
United States Senahe 1890 Y