The Democratic sentinel and Harrison County farmer. [volume] (Cadiz, Ohio) 1851-1852, 1851-09-03
Bank Taxatisn--Position Of Cam
didates for Attorney General
upon this all importantQuestion.


didates for Attorney General
uponthisall importantquestion.
The question Of the taxation Of Banks is
one ofth first importance in the present can
vass. 1t has frequently been given out BY
the whig press that the Banks Of Ohio would
object to any other rate or plan Of assessment
than that provided at the time Of their incor-
poration. The principle is Of more importance
than any other, of financial bearing, before
the people.
The Attorney Generslship is directly in
yolved in this question, being one of strict
ly legal nature. ltis mole than probable
that when the provisions Of the New Consti-
tuition are brought to bear, the banks will
resist the law in which those provisions will
be attempted to be enforced. This will
bring the sovereign people and the banks in
direct collision. Mr. Stanberry stands con-
nected by principle, position, and political
obligation with the party in this State which
has always, and to this hour, opposed com
pulsory legislation on the subjectof the equal
taxation of Banks.
As our correspondent below suggests, it
is important that, not only the views of can
dates should be known upon important sub
iects like this, but that the people should
have fair understanding of the subject
We therefore cheerfully join "a SEEKER AF-
TER TRUTH' in suggestion, that the dem
ocratic and whig candidates for Attorney
General should canvass the question of Banl
Taxation, and such other issues they may
deem fit, before the people-side by side
We presume, of course, that there can be ne
objection to the suggestion on the part of Ell
ther candidate or his friends. There viii
be none on our side, and we hope to hear al
early response from the o.her parties interest
ed in our friends proposition. We call the
particular attention of the people of Ohio
It our friends letter following-.Statesmar
Germantown, o., Aug. 90, 1851.
Col. MEDARY, Dear Sir. The subject o
Bank taxation is one in which we all feel
deep interest in this section, and doubt no
the same feeling extends throughout tn
State. 1t is one that scars above and be
yond mere party politics, and upon no ques
tion do the people more anxiously seek 70
light, than upon this. On the one hand tn
friends and supporters of the Banks, that thei
f charters exempt them from taxation, excep
l on their net earnings, while on the othe
hand it is contended that the Legislature ha
no legal right to cede to any company tn
' right of the peop e; through their Legislator
: to tax money invested in banks in the sam
manner as money invested in other propert
2 The question thus assumes new shape
i partaking more of the judicial than of part
It politics, and in this connection | wish t
. make suggestion to the two candidates fc
office.
Mr.. Stanberry and Pugh are both on tn
d track for Attorney General-an Office exclu
, sively of law character The person cleo
: ed is in truth, the peoples attorney-the la
:, officer of the State The question of Ban
# taxation is claimed to be entirely la
e question, and yet it has entered largely int
politics.
: Candidates for office usually address the
v fellow citizens, and l would suggest tn;
e Messrs. sStanberry and Pugh, in maxim
their appointments, have an understandin
:, that they go together and address the sam
d meetings, and that they dc bate this questio
: of Bank taxation. Both are claimed by the
: party friends to be sound lawyers and abl
r speakers, and could throw much light upo
: that subject, the more especially as they al
understood to differ on the question.
e l trust you will publish this, and if eithe
1t of the candidates back out, publish the fee
e I am not much of party man, but d
n want to know why it is that my farm, wit
e the hogs and cattle, and everything on it,
1t to be taxed at their true value in none,
t. while my friend, Mr., Peter Odlin, who is
candidate for Supreme Judge, by putting h
IS money in the Dayton Bank, can escape ta,
1t alton, except on the profits of the bank.
It Yours respectfully,
A SEEKER AFTER Truth,