The Ohio union. [volume] (Ashland, Ohio) 1849-1854, 1854-03-29
STAND FnOM UNDER.

Il becomes our duty once more 10 give
the latest " itsms" on certain Banks.
Whs, we nav say We believe to DO true,
and il the people Of this County should
hereafter be bitby these sharks, remember,
blame none hu, yourselves The country
is full Of worthless paper. Some Of this
money has heretofore been good, and en-.
jNyed the confidence Of the people but,
like all things earthly, they must f." ful6ll
their destiny"
The Clinton Bank Of Columbus, as is
well known BY every man who is receiy-
ing and disbursing money, has a very large
circulation through this portion Of the State.
The fact cannot be disguised. Some will
INQUIRE, +" Well, whatcf itW Well, there
is This OF 1.-THE Clinton Bank is doing
business withOut a Charter! |. is liable
10, and i is possible that it may, stop bust.
ness any day. In our opinion, n thing
is certain-,hey are no, calling their cir.
c%ulation in, Lul increasing it. II the Off
GERS Of the Bank are responsible for their
issues, then it is yet good, but we think
there arc but few in this community so.
foolish as TO believe, that there is any
more probability Of their doing SO, than.
there was Of the %rascals who preceded
Them. The Charter OF The Clinton Bank,
expired on the first Of January, 1854.
Their circulation, from their W reports,
amounts 10 atlensi S4O0, 900.
The Circleville Bank is also reported in
aprecarious situation. lis Charter expires
in abou, one year from this date. There
il nothing known as 10 the circulation Of
this Bank, but from the fact that a vast
amount Of lis notes in circulation in this
ps ri Of the State, we wish TO be excused
from receiving it hereafter.
This being the condition Of these Banks,
are the public 10 have nc remedy The
Bank Commissioner law was repealed,
at The same session of the Legislature thai
KELLEY's batch Of Independent, Banks
were chartered. Our Legislature will moi
meet for two years, and what remedy are
we to have unless the present Legislature
make provisions for a commission or Board
Of Trustees. to take charge Of crumbliug
and dcfunrt Banks, and those abou, Ia
break None whatever. Is it not the
duty of a Democratic Legislature, to save
the masses Of the people from being the
losers b. Banks and Dankersi There is
nothing tia, would benefit the masses di.
rcclly, so much as some law by which the
Iaborer, who is worthy oil his hire" after
he receives it, TO enjoy with entire security
lis hard earnings. A few weeks ago, a
resolution was introduced into the Ohio
Legislature, making provision for a Board
Of Trustees. No sooner wasi introduced.
than the Committees of both Houses Of
the Legislature, were besot with The Off
GERS Of the Clinton Bank, lafayette Bank
Of Cjnapnaii, and CircIevllle Bank, and a
, host Of Slippers and miners, endcnvoring Ia
! rersusde the Committee 10 let Them alone
in their iniqaily of flooding the country
with their money.
We repeat that this Country is full Of
this kind of money. Look around you
and see for yourselves, and ask yourselves
/, how II is, that this sort Of money is so
+ plenty. What action the Committee will
! take on this subject, is hard 10 tell. 0de
/, thing is certain, If this Legislature adjourns
/! without doing something, they will fail Ia
y do wha, a Democratic legislature should
e 90, and the Democratic party will be dis.
e %arpoin'ed in their servants al Columbus
The Committee on Banks and currency
Of the last Legislature, neglected or refused
10 attend to the interests Of the people, BY
,e making some provision 10 wind up Banks
n when their charters are near expiration
r. Had there been som provision made, III
m public would not have suffered fiom tn
in MassillOn Dank swindle, by which III
No public were loeced, 10 enable the Presidei
II. of the Bank 10 live in a slyle in Ne
as York City, no, surpassed in grandeur al
m magniiccnce by any person in The Unit
no States. That Committee knew full w
he that the Charter Of the Clinton Bank, al
SIC think Of the Massillon Bank, won
i. expire on the Isl day Of January, 1875
Y, and lhal the Legislature would not me
5. until the LIST Monday Of January, which
r after the Charter expired. Why Ii
IS Committee did not look after the iniercs
= Of the people better, VIC cannot say. "
I'd hope for the interests of the party, that d
- present Legislature will do that wbiC
At ought 10 be done, and let those thin
4. which ought I" no. TO be DONE" alone.
npruuv-