The Democratic sentinel and Harrison County farmer. [volume] (Cadiz, Ohio) 1851-1852, 1851-09-24

have to be deducted, and if lOanmg money
to bank favorite, who is unable tOPay, they
lose the debt, the entire amount is deducted,
not from the capital of the Bank, but from
the amount of their earnings, and if any is
left, they only paya tax of six per cent on
the remainder. The Farmer, the Merchant,
and the Mechanic, are all taxed on the capi-
tai invested, and on their money at interest.
If they by bad debts, by FIRE, by drouth or
by other causes, still they are taxed, not on
their earnings, for the tax-gatherer makes
them pay whether they make money or lose
money, at the end of the year, and if they
have any property left, it is seized and sold
by the Treasurer, to pay the taxes charged
against them.
The whig leaders wish to continue this
state of things, while the Democratic party
wishto place all men on a common footing
to serve all alike.
The whig leaders claim that because the
charters of the banks granted by a whig Le-
gislature, say that banks must be taxed thus,
that they cannot be taxed in any other way,
for it is a contract entered into between the
State and the banks, that if the latter will GO
to work and furnish three dollars in paper
for every dollar they have in silver or gold,
that they will not be taxed to help to school
the children of the State--to build school
houses-to make and repair the reads, to
support the county organization, and that
they need pay but mere triae towards the
expenses of the State government The de-
mocracy claim that the Legislature cannot
make such a contract-that the Legislature
cannot code away the power of taxing one
set of men in manner that will compel them
to pay but mere pittance towards the State
government, and nothing at all for school,
county, township, road and other purposes,
and on this qcestion the two political parties
are at issue, and the question is now on trial
before the people.
The New Constitution of Ohio, which was
approved by the people on the 18th of June,
and which went into effect on the 1st day Of
the present month, is clear on this subject
1t provides-see Article XII, sec. 3-as fol-
lows:
Sec, 3. The General Assembly shall
provide, by law, for taxing the notes and
bills discounted or purchased, moneys loan
ed, and all other property, effects or dues,
of every description, without deduction, OF
all banks now existing, or hereafter created
and of all bankers, sothat all property employ
ed IN banking, shall ata0ays bear a burden OF
tQGation equal to that imposed on The property
! Of indj0jdualS."
The whig leaders opposed the adoption of
the new Constitution, and failing in that,
they have issued a secretctrcular to the faith
full of their party, to rapidly and secretly
organize their forces in order to elect state
officers, and particularly Supreme Judges
who will interpret the constitution in a man
ner different from its plain reading, and to
decide that the Constitution is unconstitution-
al (D and all this for the benefit, not of the
people, now groaning under the burden OF
taxation, but in order to prevent the banks
from being taxed.
! We have heretofore shown, that while
Ephraim R. Eckley, the candidate of the
Wings for Lieutenant Governor, protested
last winter that he was in favor of taxing
banks as other property is taxed, while on
every occasion, he voted against it, and III
the above we have shown ALBERT A
BLISS and GEORGE B. WAY to be the
determined enemies of the Democratic prin
ciple of making Bankers aid, by fair sys
TEN of taxation, such as is imposed on th,
!, private citizen, in the support of the Statc
Government.
Mr.. Bliss is the present Treasurer Of stat'
and is candidate for reelection. He is
the financial officer Of the state, and it wa
a great strike of the Banks to get such al
OlIlCoT klOWu W DC ldfOIdDl0 W tuClI llltClc cSG
Mr.. Way is at present one Of the Com
mon Pleas Judges of the State, and is
candidate on the whig ticket for Suprem
Judge He is one of those who believe
thathe New Constitution Is unconstitutional
because it taxes banks fairly and honestly
and being selected by the bank interest
hopes to be elected by their money, HI
> will, if successful, carry out his principles a
expressed in his votes above given, and wa
to the knife against every attempt to max
i the Banks pay taxes as working men ar
4 taxed. Let the people look to it.
S Oh! what a faithful President.
A dispatch from Washington City, datet
e September 18th, says:
"a change Of circumstances has inducet