M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1855-05-18
IF,r lhe McArlhnr Democrnt.
Boys, Pnss KOuP COunierfoits--
Highly Important Decision on

Right ! In reference to this decision
and the Law, | say in the language
OF a certain Colonel, "Now | begin
10 like you" | sincerely hope to
live, to see the day in Ohio, when all
the Bank paper will bear pro rata per
cent with counterfeit money, and tha,
We will have a law lorieiting the prin-
.cipal, 10 all cases where money is loan.
ed on interest, alias Usury. Let mo-
ney be what it was first intended for, to
wit: a "medium OF exchange and a
measure OF value" the same precisely
as a yardstick, or half bushel measure.
There is no true Democrat but will say
Amen TO this proposition | believe,
set, only give it as my own views ;
believing as do thar this alone caus
es our commercial difficulties.
DON'T say reader that this is not in
accordance to the moral Ldw-it you
doubt-just turn to your Bible, which
We hope you take as your code OF NOR
ais, and read Exodus xii. 25v: "ll
thou lend money to any oil my people
that is poor by thee, thou shalt not be
to him as a USurer, neither shalt thou
lay upon him usury," Again Lev.
XIV. 36 and 37y., Take thou no usu.
ry oil him, or increase but fear thy
God, that thy Brother may live with
!hee, Thou shalt net give him thy
money upon usury, nor lend him thy
victuaIS lor increase. Again, Deut.
xii, l9y: Thou shalt not lend upon
usury to'thy Brother; rsury OF mo,
Iney, uSury Of victualS, usury Of any
thing that is lent OF usury." Again,
Neh. v. l0v: 81 pray youlet us leave
off this usury." Again the question is
asked in 9th Psalm lst V: "Lord who
shall dwell in thy holy hill ?" the 5v.
answers, "He that putteth not out his
money to usury." Listen again to
Master Solomon, Pro. xviii. 8v: "He
that by usury and unjust gain, increas-
eth his substance, he shall gather it lor
him that will pity the poor" But
enough ofthis you will notd are deny the
record, il you want other evidence fol-
low Christ in his visit 10 the Temple,
see him kick out the Bankers and
money changers out of The Temple
along with their tables, and then say
you're a Christian and a meek follower
OF the Lamb with your 10 per cent and
20 per cent loans, and after making these
loanS-go TO your house Of prayer and
call on Christ to intercede Tor you, al
Ter trampIlng his receipts and exam
pies un der loot; do all this it on please,
but tor God sake don't call 1t UemJc.
racy. 1t is this | object to-Thoms.
Jeite rson laid down The Democratic
rule on this question, his idea was this
NJ oney is alone medium Of erchdnge
and a standard of uatue. The 10
per cent Law Of Ohio was passed at
Ter very talented and learned Demo-
crat had / Introduced bill into our Leg
lslature, declaring tn a. "lereaIier no in
lerest shall be collie ctaLle by law ih
this State" if | recoIlect rightly. Had
this law pas. ed at the time the present
crisis in tie monety affairs Of the
Stale would have been avoided entire
ly. Read the decision below BOB.
SMITH ON HABEAs CORPUS This was
an OppIica tion Tor the discharge Of the
relstor from the custody of tie joi!or ol
Logan county. He was prosecuted for
"utierlng and publishing as true aud
genuine, forged aud counterfeit bsnk
bill Of the denomination of two dollars,
OH the State Bank of Connecticut. at
Hartford, Conn. CRIMES ACT, Sec. %
VIM Lawrence, and B. Stanton, for
the prisoner James Walker. VIM. H
West, for the State. The case was ful.
iy and ably presented, and the Court
held; that
The act under which the prisoner is
prosecuted makes it criminal TO utter
and publish as true and genuine; any
false, altered, forged, or counerleited
bank bill or note, &C.. for the pay.
ment Of money.
The prisoner has done this, unless the
legislation of this State has made bank
bills of less denomination than ten
dollars. that are not issued oy, or made
payable at one OF the banks of this State
utterly vUiG and Of no validity.
The act Of 1910 simply prohibited the
circulation of such banks Of less denom
inaiion than five dollars; and under this
act it was properly held that forgery
and criminal ultering Of forged bank
bills, ght be comlnilted of such pa per
the proper intent being averred.
The act Of May, 1854, not only for
hlds the circulation, passing, or transfer
OF such bills of foreign banks, of a less
denomination than ten dollars, but in
its second section declares, "ail such
unlawful papers shall be held in this
State to be worthless, and all contracts
in relation thereto, null and void, and
any disbursements, or payments. or ex-
change Tor otherproperty Of value, made
or attempted to be made Herewith, of
no effect whatever
Under this enactment of the Legisla.
Iure, it is alike unlawful to put off aud
to receive such bills, whether true OF
false, they are alike worthless, and in
capable of being the subject Of lawful
contract in this State. The true aud
the false are equally void; he who takes
either, takes nothing, and there is moth
ing true or genuine pertaining to eth
p q L q ik..I ,laz Ia -