Fremont weekly freeman. [volume] (Fremont, Sandusky County, Ohio) 1850-1853, 1850-10-05
N:',UMlBER &c.
The Issue for 1880.


The Locofocos have rendered the issue Of
Bank destruction and Hard money! and
it has been excepted by the Wings. We
cannot say whether the Locofocos of Clermont
have yet stepped on the platform Or moi. s
They sent no delegates to the convention Of
July 4th. II they are not on it yet they viii
soon be lashed to their places The Locosoeo
organ here dOesn't grind ouR' hard money,
or anything else any more
Are the people Of Ohio ready to destroy
their excellent paper currency. hapshazard-
II adopt an abstraction? The idea Of an ex-
elusive hard money currency among this trad
ing people Is an abstraction, Ohio aoiH nsasr
be withOat a paper currency. II, then, we are
to have such, tits far better that We should
have it so regulated by ourselves, and on such
foundation, as viii engage the confidence Of
the people. If we do not have our own pa
per currency We win have that Of our sister
States introduced among us, and We viii have
to pay them interest on the same. Why not
save this interest to oourselves9 Would Il not
be the extreme of folly, for our farmers to
permit their lands to go unploughed and un-
harvested, and purchasethe products Of other
States, for their OWE use, when they could
raise surplus on their own untouched lands,
of the same articles they purchased How
long would it be, before they would be impoY-
erished and ruined by such course2 Yet
the principle Of Banking is siuailaE
The 'State Bank of Ohio las obtained the
confidence of the people. Under Il they are
prosperering more happily than they have
ever done before, under any other Banking
system. It's notes are taken ID preference 10
all Others. We have yet to hear of q single
one Of those radical, bank-hating Lpcofocos,
who have refused to receive the red dogs
when offered them. They launch on them,
like "duck on June bug Yet this bank
must be destroyed Not only this, but they
propose passing law prohibiting any one to
receive or circulate paper money of any kind.
A law waspassed some FIVE or six years ago,
prohibiting the circulation of one dollar bills
No one paid any respect toit Itstood as
a dead letter on our statute book. And such
would be the fate Of a law ofthe same kind, if
adopted now
What object can the Locfocos hare in view,
in destroying our banks If debt isowiug
them, they are not compelled to take anything
else but gold and silver in payment They
are not bound to receive paper money for the
sale Of their products? What more do they
want7
Will money be more plenty, when all bank
paper is driven out of circulation? /? Mol 70,
bat" says Locofoco, sthe banks sometimes
break, and leave their moneysworthless in our
hands" We admit. that nearly all the banks
that you Locos ever made-and atheir name
is Legion--have broken, and you NAV have
lost by them. You ought not to complain
of your own bad work. But have you lost
anything by the failure of any of the branches
of the Estate Bank of Ohio 2? We see that
its stock is selling at premium of so per cent
But have you not lost by some of yourneigh-
bors breaking and running away Now which
have you lost the most By. the Banks or your
neighbors. breaking2 You can readily decide,
the latter. Why not quit dealing with your
neighbors, because sometimes one of them
breaks. and you lose by him? Now in con
cluding this subject for the present We lay
down these two propositions, and defy their
confutation;
TIKI EIGHT Y o,n.- ro.,t ,,f II A., z,e.ss