Daily Davenport gazette. [volume] (Davenport, Iowa) 1854-1855, 1855-10-27

1. 49,. EAsser.
psvsApsrs. sstsAs. ospssr y. lass.
lDaepeso 1AzEus.
A few days since. in an article on banks
and currency. No stated that the radical
leeaieess.. ha presided over the State o..
seaisation Of lowa, indicted serious
eyeal en- NE best inseresta+of the State,
y inserting in the constitution clause
Which prohibited the estaSlishment Of any
ssakiag ystsa. II the advocates Of the
huE6.nsssy sysssn had been sincere in
thsis professlous. they would atlea,t be en-.
&iea ~ lie trsalment which 10 generally
ausrasa % sincsrity, however mistaken it
msy Be. Bot those men never believed the
5sessines vhich they preached. There was
aos pssticls, 81 principle in their profes-
Sssos. Tie sstibaak cry happened 70 be
eepslsr q the time. and thoee men VIC nm
5setsssAsk for lows happened to be leaders
Of lecefocoism At the same time. cared
setAiag absst sacrificing the interests Of the
Dnas. ifby % doing they could secure to
thsnssisss the possession Of olice.
That these statements are true is proven
- he acts Of these men. Let the follow
inc ssrve - . samPlc.-Hon. George
Oseea, lsse Supreme Judge Of the State Of
lowa, Hon. lease Williams. late Commis-
sioacs Of the Dcs Mines River Improve
asnt, lanes Z. Ixzsrd. late editor Of
democratic paper 10 Iowa,--shess men, and
o,hsrs associated with them, who were the
strongest Loeefocos in this State. and who
yst The lime of the adoption Of our State
Ceastisption. we're the most strenuous ad-
vccstes ofthe clause which prohibited bank
II. havs established It Omaha City. Ne
Ssaska Territory. banking institution, en-
.sitied the @Wsssrs Exchange, Fire and
leavise lsssrsnoe Company" and which is
lntsndsd to circulate paper currency OF
ehs least desirable and most insecure char
scter. and the largest portion Of which. it is
doabsless the intention of these wildcat
operators to foist npon the people ofIowa.
Does not this fact conclosively show that
these men were utterly uninfuenced by any
principle. when they cloeged the growing
prosperity Of this State. BY inserting 10 its
constitution the clause against banking!
Add = Il not also conclusively shown, that
they were influenced BY no considerations
10 the Interests ofthe people of this State,
ty'ths fact, that prompted by the hope Of
aaking money for themselves, they are now
sagaesi in the attempt to food Iowa with
sthxs Oaaha shinPlasters! We think no
stronger argument is neededto convince the
. people Of Iowa OF the deception which has
! tSs practiced upon them. BY the hypocriti-
ealopposition 70 banking % loudly preached
81 the Locofoco leaders in this State. We
hin aiss be much mistaken, if, taught BY the
gross insincerity Of these Locofoco bankers.
the people Of Iowa do not provide as soon
. pesaible for . legitimate banking system
~ their own. one that will be under their
.own- control. whose operations they will
always have IN opportunity Of examining.
snd whose promises TO pay they can make
u reliable and valuable ~ they see proper
70 do. We think they will much prefer
this course, to that Of adding to their present
heterogeneous currency the issues Of such
asdsl Locofoeo Bankers a. Hem. Benton.
Green, Williams and Company.
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