The freeman. (Fremont [Ohio]) 1849-1850, 1850-03-23
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| Whig principles 1t has always been lead
ing article in the Wing creed. that all officers,
whether of State or county, should be made
directly responsible to TIE people; or in other
words, that all officers be elected BY the peo-
pie. We can see no good reason why the leg
islature should elect our State officers, or the
Judges of our county courts Nor can we see
the propriety of our judges electing the county
Clerks
The Wing party have also advocated the
doctrine that banking institutions are necessa-
Try to the prosperity and growth Of the State,
and the interests of the people. With this be-
lief, they have always endeavored pass bank
ing laws, under such restrictions, as would Sc
cure the bill holder; and the present banking
institutions of Ohio the offspring of Wing leg
islation, are perhaps the safest and most relia-
BILE of any in the United States. But they do
not appear to answer the purpose for which
they were created There circulation islmited
by law to so small an amount, that it is insult
fcient for the wants of the people, hence the
country is flooded with foreign locofoco paper,
whichis liable at any moment to be left in the
hands of the people, by the bursting" of the
banks To remedy this evil, and drive this
unsafe currency from the State, the Wing par
ty advocate the passage of a general banking
law, permitting three individuals or more, to
associate themselves together, and by placing
at the disposal of the State, sufficient security
to redeem their paper, to issue bills the same
as do the present independent banks. For In
stance: should sufficient number of the citi-
zens of Fremont wish to form themselves into
a banking company, allthey would have to do,
would be to place at the disposal of the State,
the amount of capital they would wish to in
vest in the business, say $4,000, and the
State would issue them that amount of bills
They could then proceed, by placing in the
vaults of the bank, as additional security, the
required amount of specie, (say one third the
amount pledged to the State,1 to all the pri-
lvileges of banking. Should the bank fail, by
bad management or by the dishonesty of one
more of the stockholders, the state would at
once proceed to redeem the outstanding notes
of the concern, and within thirty days the spe-
Gle would be in the hands of the bill holder
for every single dollar which they held.
All capital of banks that might arise under
snch a law, to be taxed the same as other pro-
'Iperty But it is cardinal doctrine of the
Wing party, both of honor and principle. that
~ Co.,, =, - a oo,,o ,on1, a4bor
for banking rail road, plank road or other pur-
poses, and passes law taxing them merely
on their profits, and those companies accept
the terms thus offered. and proceed to busi-
ness under such charter, and in no wise vio-
Eates that charter, that it has no right to i'm
pose new restrictions. or adopt new laws for
their government Aswell might the State
borrow five hundred or thousand dollars of
man who had labored hard to obtain it, un-
der a contract that it would pay him six per
Ecent for the use of it, and then turn round aud
say it will pay but three per cent. as to pass
a law that banking companies may be organi-
Ized by complying with certain acquisitions and
paying six per cent upon their profits. and af-
ter complying with those terms, say that they
rlshall be taxed upon their capital, without first
Iobtaining their consent AS long as the bank
ling companies already chartered by the State
live up to their contracts, it has no right to
touch them; but as fast as their charters ex-
pire let them come under the proposed new
law or go out of existence.
Another principle in the creed ofthe Wing
party is that the State be divided into sin
gle Senatorial and Representative Districts.
The plan of permitting the voters in some
of the Districts to vote for from three to FIVE
members of the Legislature, while other Dis
tricts are permitted to vote but for one, is We
ry unjust, and should be Immediately RENE
died
Whe Wing party are also in favor of the
.Isimpli6caticn of the Judiciary SO as to secure
the prompt, cheap and certain administration
Eof justice.
1t is also in favor of the present tax law.
which has not only paid the interest on the
State debt, which Locofoco Legislation has fas-
tened upon the people, but has actually redu-
ced that debt one million of dollars
On the subject of slavery, the Wing party
is now, as it ever has been, opposed to the ex-
tension of slavery, and are in favor of any mea-
sure that will effectually keep it out of the
territories, whether that measure is known by
the name of the sWilmot Proviso or any 9TH
er title. But while they are determined on
that point, they do not seek to interfere with.
or abolish slavery, where it now exists by law,
without the consent of those interested.
The above are few of the leading meas
ures of the Wing party-measures which are
destined to be adopted by the people of Ohio
and which our candidates for delegates to
the Convention are warmly in favorof Should
they be elected, they will use their influence
and votes, to have so much of those principles