The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1853-02-18

this way will be Of advantage TO the
county.
The state Independent Treasury Bill.
Mr.. Atkinson's Bill proposes to have
the monies of The Stale deposited with
the Stale officers, precisely as the funds
Of the United States are deposited with
its officers, with this exception, that il
docs no, require taxes TO be paid in gold
and silver only, but permits the bills Of
specie paying banks Of the State Of Ohio
10 be recevtd in payment Of taxes, ca
specie. Under the present system the
Bank DepusiIories, receiving Ohio bills
in taxes, pay out to our people the most
worthless foreign trash, which our people
cannot hope TO receive specie for, with.
ou, sending 10 Wisconsin, New York +,
Maine, Michigan, ETC., ETC., or paying
what discount fot specie broker may
demand. A close observation and en-.
qniry into The condition of our own
Banks may preserve our citizens from
loss. But such observation cannot by
possibility be extended 10 the Banks of
all The States of the Union. We have
right to demand that the favors OF The
Siate government in making these banks
repositories shall not make the condition
and protection of our citizens less in
regard TO the currency circulating among
them. The use Of Banks is making il
daily more unsafe for currency holders.
The present system proves an injury moi
a protection. And vet Mr.. Wilson and
other friends of Mr.. Bteslin, who profit
by the presen, system, denounce those
who ask better security for the citizen,
and prate about their longtime Demo-
cracy, as if i, was something old and
worn ont, and only TO be measured by
time, and no, by correct principles,
honesty and integrity. The truth is, il
is with them as il was with the Bank
Democrats who opposed the Independent
Treasury of the Federal Government.
They had an interest in the Pct Banks,
and fought for it with an energy worthy
Of an honest cause. Thes TOO had been
Democrats who had fed at the public
crib, who had possessed the confidence
OF The Dem ocralic masses until they we're
tried and found wanting, and until con.
sideralions of selfish advantage eat out
the heart Of all the little Democracy
which had kept them politically alive.
In the lime that tried men and principles
they were found all unstable and miser-
able dependence. But Democracy sus.
tanned their assaults then, and they can
now oullive the efforts Of their imitators
In our State. The cause at issue is that
Of the People on the one side, and of
Bank Favor and Official Peculation on
,he other. Who that has confidence
and trust in the righ, can doubt which
way the vicioty will ultimately incline?
Mr.. Alkinson's Bill, 1--WE are not sure
but il is too imperative in its terms for
the rcceip, Of the paper Of Ohio Banks,
proposes, instead Of irresponsible BAnks,
chose at the single will Of the State
Treasurer, without security TO the State
for any losses by The bank deposilaries,
that the State officers, shall, after giving
ample security for the afe.keepng and
disbursement of the public fuads, be
made The depositors Of the public money
and provides that they shall no, be allow
ed TO exchange or traffic in the deposit,
under severe criminal penalties, and Sc.
cures that the taxes paid in, shall be paid
out as received, in a solvent and safe
currency, and this is done without de
priving any Of rights, without oppression,
and without injury TO any existing nstitu.
tion in the State. What, we ask, is there