The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1855-05-09
Ohio State Stocks:

#ihefe was a time when the state stocks
OF ONO We're a perfect drug in the stock
market This was not the worst feature
presented. Son.s OF them were sold which
did NOT realize Tor the treasury of the
statet TO exceed FIFTY CENTS o,, The dollar.
This transpired when the officials Of the
gtoried in the name of
whig. and who we're applauded for great
financial ability by the whig press. There
Is no man, who is proud OF this state as
the Stale Of his brit: or adoption, who de.
sires the recurrence OF such a state OF
things. because it would be lsmentably
millstlhg. ses,ss..-..
How stands the case now? The pres.
ent state officers have been denounced as
corrupt; as despoilers OF the treasury; as
incompetent: and from one end Of the
state 10 the other, the cry has been rung,
With stentorian force, that the auditor of
state is 'tyrant,' that he has burthened
the people with taxes that cam Of be borne.
From all the other able and efficient off.
GERS: who administer the government OF
This state, he has been singled out for viii
hiication and misrepresentation. And
why! Simply because he has boldly, Wig.
orously and efficiently discharged his duty
to the people OF ONO. to the constitution
and 10 the laws of the state. But how
stands the state stocks Of Ohio in the stock
market to-day, under the administration
ot the democratic 'iDcompetents? The
stocks OF almost every state in the Union
are below par Again we ask, How stand
the state stocks oil Ohio, in this general
depression OF slocks2 The whig officials,
when they realized fifty and seventy five
cents OH state stocks were reported grea,
! iinanciers. IL they were so esteemed then
whlg officials would now be held up as
perfect prodigies should they keep them up
TO par, even while their friends would, al
the same time. point to the fact, by way
OF significant contrast, that the state stocks
| of Indiana could command but about 81
cents on the dollar; Tennessee's blu, 944
and both Carolinas but SO. We say such
would be the case under whis financiers
How is it now under these democratic
corrupiionists2 Ohio state stocks becom.
ing due in 1860. but few years hence
are hard to be obtained in the stock mar
ket for one dollar and eight cents on the
dollar.
| Thus is Ohio made pre-eminent in
credit ovsr every other state in the Union
Never! never, before the accession OF the
democrats to the government Of Ohio, did
the credit of the state exhibit so gratifying
a spectacle. Does this exhibit furnish the
least particle Of proof in subs.antiation o.
the charge made with such gravity by the
opposition, that the present state officials
are either corrupt or incompetent. We
take it that corruption or incompetency
would presenter rather the stock market
would-a state OF things anything bu1
gratifying Notwithstanding this healthy
condition OF our state finances. this exhib
lion that our state Indebtedness is in
course OF liquidation, which. within rea.
sonable time. will considerably lessen tax
alton for Legitimate state purposes are
asked to discharge the present state off
GERS from service. and install in their stead
men who seek their places merely for the
sake Of the places, and not in considera'
lion Of any pre-eminent qualifications fol
the proper dischsrge Of the duties sPper
tanning to said places.
Shall such an outrage upon the best in
terests Of the state be perpetrated in the
spe ecious name of .Reform?'-C. Adr.