The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1855-01-17

- 49, oHNA go -
cultural, mechanical, and laboring classes Of
society; and over these whose engagements
or speculation render them dependent on
bank facilities, the doninion of the State
monopoly will be absolute, and their ODE.
dience unlimited. With such a bank and =
paper currency, the money power would in
a few years govern the state and control its
measures; and if a sufficient number Of
states can be induced to create sdch estab-
lisbments, the time will soon come when it
will again take the field against the United
States, aud succeed IN perfeetiDg and per-
petuating its organization bya charter from
Congress.
Il is one Of the serious evils OF our pres.
ent system of banking that it enables one
class of society-snd that BY no means q
numerous one-by lis control over the eur
.rSncy, to act iniuriously upon the interests
Of all the Others, and to exercise more than
its Just proportion of influence in political
affairs. The agricultural, the mechanical,
aud the laboring classes, have little or NO
share in the direction of the great moneyed
corporations; and from their habits and the
If their pursuits, they are incapable
of forming eStnnsiFe combinations TO act
together With united force. Sneh concert Of
action may sometimes be produced in a
single city, or in a small district of country,
by means of personal communications with
each other; but they have no regular or
active correspondence with those who are
engaged in similar pursuits in distant pla-
ces they have but little patronage 20 give
to the press, and exercise but a small share
Of influence over ii; they have no crowd Of
dependents about them; who hope to grow
rich without labor; by their counlenance
and favor, and who are, therefore, always
ready to execute their wishes. The PLAN
ter, the fsrmer, the mechanic, and the la
borer, all know that their success depends
upon their own industry and economy, and
that they must not expect to become sud-
denly rich by the fruits of their tell. Yet
these classes form the great body of the peo-
pie Of the United States, they are the b0ne
and sinew of the country: men who love
liberty, and desire nothing but equal rights
and equal laws, and who, moreover, hold
the great mass of our national wealth, al,
though it is distributed in moderate amounts
among the millions of Ireemen who possess
it. But, with overwhelming numbers and
wealth On their side, they are in constant
danger Of losing their fair influence in the
government, and with difficulty maintain
their Just rights against the incOssant efforts
daily made to encroach upon them.
The mischief springs from the power
which the moneyed interest derives from
q paper currency, which they are able 70
control, from the multitude Of corporations
with exclusive privileges: which they have
succeeded in obtaining in the different
STATES, and which are employed altogether
for their benefit, and uDless you become
more watchfal in your states, and check
the spirit Of monopoly and thirst for K
elusive privileges, you will, in the end, find
that the most important powers Of govern
ment have been given or bartered away,
and The control over your dearest interests
has passed into the hands Of these corpS
~rations.
The papcr-moneysd system and its nat
ural associates. monopoly and exclusive priv
ilcgas, have already shuck their roots deer
in The soil. and it will require all your efforts
to check its further growth, and tn cradi-
cate the evil. The mea WHO profit by the
abuses, and desire to perpetuate them, Wi,
c~oatinue to bcsisse tie halls Of Legislation
in the general government rs we'll as III III,
states, and will seek by every %arti6ce, tc
mislead and deceive The public servants
1t is to yourselves that you must lock fol
safety and the means of guarding and per
petuating your free institutions. In youl
hands is rightfalIy placed tie sovereignty
Of the country, and to you every man placed
in authority is ultimately responsible. l.
is always in your power TO see that the
wishes Of the people are carried into faithful
execution, and their will, when once made
known, must sooner or later be oboyed.-
And while the people remain, as | rust they
ever will, uncorsuptsd and incorrnptible, an
continue watchlul and jealous Of their lights
the government is safe, and the cause 0
freedom will continue to triumph over OIL
lis enemies.
But it will require steady and persever.
ing exertions on your part to rid yourselve.
Of the ~iniqu'ties and miscLisfs Of the paper
system. and to check the spirits Q fmonopoly
and other abuses which have sprung up Will
it, and of which it is the nam support
So many interests are united to resist all
reform on this subject. that you must no
hope the conflict viii be Il short one, no
success easy. My humble efforts have not
been spared, during my administration o
the governments, to restore the constitutional
currency Of gold and silver: and something
| .rnst, has been done towards the accom-
plishment of this alost desirable object
But enough yet remains 10 require all your
energy and perseverance,. The power, how.
ever, is in your hands, and the remedy
must and will be applied if you determine
upon it.
While / am thus endeavoripg to press
upon your atteution the principles which ]
deem Of vital importance TO the domestic
concerns Of the country | ought not to pass
over withou; ~nctlee, the important consider.
atoms which SHOULD govern our policy to.
wards foreign powers, Itis unqnestionably
our true interest to cultivate the most friend.
y understanding with every nation. and to
avoid, by every honorable means, the calam-
ties of war; and We shall best attain that
obi ct by f~rankness and sincerity in our for,
eign intercourse, by the prompt and faith
full execution Of treaties, By justice and i'm
partiality in our conduct to all. Butno ma
ton, however DESTROYS of peace, can hope to
escape collisions with other powers: and The
%soundest dictates Of policy require that we
should place ourselves in q condition to as
sert our rights, if a resort to force should