Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1847-10-08
From the Tuscarawas Advocate.


IN, EplTUs:-I desire through the columns Of
your paper, TO present to your readers the ser.
Ods consideration Of the following important
gicry, VIZ: is Inc currency question still an is
sle before the people Of Ohioi" This question
Is one of the almost importance, and ought to be
duly considersj ay the people Of This grea, Sale.
u is question which every voter should care.
fully Investigation II involves a subject which
j. insspardb,y connected with the prosperity and
welfare of the people OF Ohio. And i, is Of the
most Importance ihatthis subject should be thor.
UiChly TrG5ed, as the leaders and wire.workers
ol tn loculoco parry are preserving an omniods
ssUa2 Oh the subject Of that accountable bank
law which hgShnherto received olargc a share
Ui thclr most yirulenI nua,hemas. il Is evident.
ly me present policy OF tho lucofoco leaders, not
10 agna'u Ihjs question 'lI the election is oyer:'
yet lula examination will nuke il apparent
toa1y man possessing one spark Of political su.
Eaclly, that ule currency is a subject upon which
tie people must decide, on the "a Tuesday Of
October next. The nature Of things is SUCH
that the penpIccHnuot avoid such adecsion, even
ii they would. And although The locoioco mem.
brrs Oi 'ha legislature have hitherto done all in
their power To destroy the bunk law: yet while
they were candidates for the legislature, they
claimed to be "ss good bank men rs their Wing
opponents y! The people should therefore be on
their guard and it Is TO be hoped that none will
sJli.r themselves to be deceived into u false and
iaaI security by such base trickcry as hls--but
that every voter in the State will thoroughly OK.
anime this sublrc tul himself. And in doing so,
those who arc in favor Of an Ohio currency,
should bear IN mind, that they should Judge by
the Legislature action Of The party, aud not by the
mere yn'e catching prctcnslons Of candidates be-
fore The election. Aud in order 10 pIaccIhismat-
ter IN It's true light before the people, design
briefly 10 trace the legislative aud political action
OF parties for the last few years. And if the
reader will have patience to alentivcly follow me,
ha shall have no cause TO complain hereafter,
that he had been deceived by locofOco prarcn.
slOns Of "iricndshp to the bank law" The
wralched condition Of our currency, previous to
the passage Of that law, must still be fresh in the
memory of every man ia the State. For many
wears had the locotoco party held the control of
the legislature aud though they loudly proleSsed
10 be bank mcH, acting under the entcng watch
word Of bank reform" yet during The whole Of
that disastrous period, their Legislation all tended
To- Cripple and hamper the operations Of banking,
until they AT length succeeded in driving out OF
thus leaving us dependent upon the banks Of
other Sucs aud the hin.plascrshops which they
had established in our own, 10 furnish a crcuia.
tug medium iuT the transaction Oi the business
OF the pcoplr!
Here then was the miserable end Of the "gol.
dan age promised Us the legitimate fruit Of
"bank reiurm" And while the charters Of the
old banks were from lime expiring, the loco party
connnued from year 10 year TO promise bctorr
he election, thai when elected thiy would pslab.
lIsh system ot banking--bul The redemption Of
those promises was never to bo realized by the
people! Consequently, in the fall of 1914, the
independent tr.cmcn of Ohio, determined that
they would be 40 longer humbugged aud imposed
upnn by mere promises, which had evidently
been So often made only to be broken: and as The
result Of thai determination, they displaced tho
Iocoioco ruloriiy from that pewer which they
had so long abused, and elected II majority OF
whgSI both branches of the General Assembly.
The Wings Of that legislature knew what the
people expected al their hands; aud they were
determined ha, these expectations should not be
IN vain. For as soon as they had oLtuincd the
power 10 act, they took hold Of the currency
question IN earaesness and good faith; aud IN
due limc, Il bill was presented, to regulate and
establish banking in Ohio That bill was oppo.
sed by every ocoloco member Of both branches
OF the General Assembly, with degree Of ma.
lignny never before Witnessed in the legislative
councils Of the State. Then it was thai they
threw off the mask under which they had been
tor years deccivIng the people, and boldly did
they declare that they were opposed to the cstab.
i'shnIent of any banalug insItullousin the Stutci
They not only brought up an unkroken phuanx
OF opposition against the passage Of that bill, but
have ever since done all ~ their power to effect
us desruciionl But notwithstanding all that was
said aud done against it; through the tirmncss Of
The Wings, the bauk law vas carried harmless
through the fiery oldcal which attended il, and in
the course Of the ensuing year, several compani-
es were formed and commenced tho business Of
banking.
The people of all parties were glad TO receive
the notes oi the new banks, in lieu Of the taICr.
ed trash with which they had for years been
cursed aud rs the bank law was evidently increa.
sing IN popular tavur, II became not uncommon
Tor Iocoiocu candidates 10 profess tho warncst
admiration Oi the excellenclcs Of that law! Scy.
crai members OF that parry were elected TO The
legislature with such professions on their Inns;
and the sequel will show how much confidence
eau be placed IN such politicians as pretend To be
friendly 10 measure, aud yet continue To act
with and uphold that party which makes opposl.
non 10 thai measure, the prominent rule ol il,
action.
For in the course Of events, the 9th OF Jan.
uary, 1886, rolled onward, and wuh il came u
locoloco Convention To the seat oil government,
10 determine the principles which were 10 govern
Their parry.
Aud although there were many locofocos in
that convention who prolcssed 10 be bank mem
yci The hard knocks winch they received from
the unmercilul anIl'bankcrs, induced them soou
10 yield 1heIr preiensons! lis Wuelhey kicked
--lhey squlrmed--Ihoy sormodi and US has been