The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1847-03-19

henSaferth advance, and are prepared without
shrinking to abide the consequences; and
without ialtering to wage the last battle for
human rights.
The democratic party Of Ohio, for auQht
see to the contrary, will thiak iis duty to the
people discharged without the enactment of
any State law to forbid the issue apd cir
culation of bank paper with peaalty or
| not
All that State legislation can accomplish
or should attempt, would be contained in a
law like the following.
SEc. l. Be it enacted by the General As
sembly of the State Of Ohio, That from and
after the fourth day Of July, ID. the
revenue Of this State shall be collected in
gold and silver only.
Sec 2. That from the passage Of this act
the courts of justice in this State shall not
recognize nor enforce any future contract
or transaction, receipt or payment Of or for
any man, in paper money.
SEo2. That all the banking laws of this
State general and special, and all laws incon.
sstant with this act, bo and the same are
hereby repealed.
| The first section Of such an act would
withdraw the Slate patronage from the banks
TO very large amount, and the largest por-
tion of their present overshadowing credit
The second section would Withdraw from the
judiciary power all recognition Of paper mon
ey, so that no transaction of that kind could
be enforced either a receipt or payment by
any court Of justice. This section would
fully test tn o truth Of that assertion that bank
paper does not circulate by force, by de-
monsIraing that it cannot by voluntary con-
sent Of the people, exist for single hour.
The third section treats bank paper as
blauk paper, and would relieve th criminal
as well as the civil tribunals of much useless
litigation. The title appropriate to such a
law should be, Mr Speaker, "an act to pre-
vent frauds upon, and losses to the people
by means Of paper money" And the effect
of lis enactment would be Immediately to re-
move the evil. In short time there would
be no ves,ige of its presence. Neither our
own paper nor the paper of other States could
fercbly circulate. know sir, it has been
eroneousy supposed that we can only control
domestic issues by State legislation, and ac-
cordingy some have suggested an amend
ment of the federal constitution suppressing
al! paper money. But this step is super
Auous; and the proposition for i, ,ill-consi-
dered We lose time, and we hazard char
acter by the obvious want Of frmness and
forecast implied in any such dull expedient.
Why get on our knees 10 the neighboring
state legislatures to help US; when this very
body can when it will, by the Jackson Pana-
cea of " tho second section" above prescrb-
ed, Instantly retrieve the commonwealth
Are we preparing ourselves for the Jest of
Esop on tho reproof of Hercules; or shall we
put our own shoulders to the wheel?
Mr.. Speaker, have not discussed the
dement's of paper money, but have takea
them for granted, and demonstrated that the
attendant evils, and the stubborn evil itself
can peaceabIy and quietly in tho people,s
own good time, aud that right speedily, be
removed. The frauds, losses, niquiiies and
outrsges Of the banking system, through
every Protean change, are familiar TO my
mind--would time and the occasion permit
me to enter upon that inviting field of replic-
alton. may also without fattery, say that
the member from Fairfield, Mr.. Shaw, by his
very able speech on the currency, just de-
liVered, has exhausted that subject.
And now sir, | would take leave Of the
Honse if it were no, for tbs sneer with
which the whg senator, to whose speech
have paid some attention, has contemnsd to
public scorn, tho party in whose ranks hold
an humble station. He is pleased to taunt
US of the democratic party, with the sys-
tema'ic violation Of contracts, and to give
utierance 10 the prayer Of the Pharisee, that
the wings, for all Of whom he answers vi
cariously, are unlike other men. and espe-
cially democrats. He would have US feel
deeply the bitterness Of the sting so appro-
priatcIy placed in the end of his remarks,
which taken altogether, are az good a spcc-
men OF the Aisxandrine as can be found
That style, Mr.. Speaker, Of spitciol, evil
speaking,
Which like a wounded snake drags Its slow length
give the gentleman credit for making
The analogy perfect; the inslpidty of his
venom indicated the serpent's disposition
to strike even after the serpeni's strength
had fed
Sir, if the gentleman was put forward by
the whig party TO insult the Democracy,
tell him and than; the agent Us well az his
principals that "prde goelh before destruc-
ton, and naughty spirit before a fall"
Who is the whig party that it should AFRO
gate the right of oensuring the democratic
paT'y9 They are sir, that party that have
always been untrue to the constitutional
They have granted away to themselves and
their mercenares, the very essence of So
vereignty and tho constitution. They have
corrupted the people with their own money,
and taught men 70 forget the diyinest Of all |