Kenosha telegraph. [volume] (Kenosha, Wis.) 1850-1854, 1851-10-31
B q. III .TX. 8,
To the Electors Of the Eastern assem-
bly District of KenOsha Countu:

To the Electors of the Eastern assem-
bly, District Of KenOsha County:
Being in nomination for election to the Assembly
l am frequently questioned to my views particu-
larry with reference to BANKS, and hence it seems
10 De demanded that should make public decla-
ration IN the matter, and more especially as find
am somewhat misunderstood on the question, my
opposition to special chartered Banks, having been
construed to mean opposition to all Banking
IL Is true have entertained the idea IN the course
OF my life common to the great Body Of the Demo-
cratic party. that nothing was money. exccpt cold
ana SILVER, and all paper issues were mischievous
frauds, but now entertain the idea that paper NAV
be money as well as gold and silver. | have also
entertained and do entertain now. views noc,,l;or 3.
myself with reference to this whole question of cur
rency but having no bearing on this particular Is.
sue they will not affect my action one way or tho
other | think the general popular ideas on the
subject of money and currency, absractv consider
ed, are wrong, and think also that all our social
relations, so considered, wrong but this does not
control my conduct in the time present. thcorizc
with reference to things as they sEodd be. and act
l have always practically, occupied the ground
that business should always be permitted by Legis-
lation to originate for itself all the aids necessary to
Its healthy and successful prosecution-tha Legis-
latlon should never interpose to say what business
shall or shall not have absolutely but that healthy
general laws should be established which would
permit business as it increased and expanded 10
10 INST
best interests
To show that this position is one ] have long held
and IS not got up for this OCCASION quote from ar
tlces of my own, written some five years since. on
the occasion of the introduction of the famous Bank
Article into the first constitution As follows:
"Nr. Ryan's Report on BanGtna-An abstract OF
tins Report VIII be found i'll another column and
we must express our dissent to it in the main.
hen this Convention guards against the granting
OF any special privileges to any or set of men
in our opinion it has done its whole duty
Let US have free trade i'll this in every thing else
Grant no spccid privileges, but let all depend OF
their own resources These things will rrrlIlat,
themselves As certainly and as effectively a. any OF h.
er transactions of trade and commerce. Ithsra,h
| Oct. 81, 1916.
There are features, or at least one (thc Bank
feature in the constitution to which we have obicc
tons. "-IG Dee. 30 1916
Her people (of wisconsin, are " Hards." an,
will not tolerate, We satisfied in Banking or il
any thing else, any granting of sDcciR privilege, t,
any person or persons; nor will they tolerate any
Interference with business the part of Legislation
except to regulate by general law where it neccs
sary."-U Noy. % ls46.
We refer our readers to the interesting CORES
pondcncc from Madison, which will be found in an
,lVr Il,
Is not mistaken to the purpose of the Convention
to revise some of its acts. If members of the Con
ventlon could mlngle with their constituents for
time there can be no question bit such would bt
Their course. We speak the simple fact when VT
say that IN all intercourse with the people We
have found but one man who approves Of the Bank
Article, as adopted. 1t would bc strange if it wcr,
otherwise In this democratic age of autl-rc~ricior
and progress to have the business of men intcrtcrtd
with and fct;ered and restricted as TIN, article pro-
poses, will not du. DO not these men know thai
this feature of business like all others is one whicl
will regulate itself; will accommodate itself. natu.
rally if let alone, to the business and wants of com
munlty. What the Democracy of the country de-
| mand Is, simply that legislation shall never I've len
To grant Fictitious privileges to any man or set
! men whereby they may he enabled to swindle tn,
| labor OF the country."-Ib. Nor. H. 1916.
! | have not changed these views and hence ,hou!c
be elected, my action in the Legislature on thi,
question will bc readily understood | shall aid t,
frame healthy GENERAL LAW (Ncw Yorl
State furnishes the best model which will cnabl,
every man in the State who can furnish the uccc,.
sary securities to the proper authorities to ssuc
! Bank paper This Is what, conceive the bushes,
"t ,he State demands. have opposed special char
tiers for Banks, because am opposed to special c-
glSatlon of all kinds and because know no Legis
| IatWe can 80 nicely comprehend the details and
wants OF business as to plant Banks Just where and
when they are wanted; and am III f;lvor of &c.
neral system, because under il business viii nrcnat,
and accommodate itself with Just as much paper Il.
it wants and do it where and when it wants it, and
keep always healthy correspondence between sup
ply and demand
Doubts and fears entertained that we cannot
find a safe basis for Bank Issues Wisconsin is 4.
riGh in undeveopcd resources as any state in the
Union. 1t is only necessary then to prcscrl.. some
general and permanent form in which capital can be
invested in Banking and capital for that purpose
will flow into the ) ate.
These are my views on this subject, and if cc.cl
they will govern my action.
y -