Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1856-01-22

banking capital uiIhiS our limits. rsusl nAc-i
sssarily be supplied. 10 great msasuEe, bylI
institutions beyond bur conlrol and eAemptI
from outiaxslien. All al,empls 70 sxclodes
BY pensllegislalloh, the bank no.sa Of ofher
States from circulation in this. have proved
Intellectual; and the public sentiment de.
n,ands an increase OF banking, capital, or
gapized under our own laws, ;eunifibuiipk,
IN just measure, 10 our own revenues. and
sufficient TO furnish The necessary -faciliiies
for the transaction OF business. The Con.
s,itu,ion Of The State indicates the mode in
which this demand may be satisfied. Il
provides for authorizing associations with
banking powers, by &C. Of The General As.
semblys 70 be submi.ied 10 The people al the
next general election. and not TO ,ake efeci,
unless then approved BY majority or alt
,he,vo,ers. In framing such an ACT, should
you deem il expeden, TO exercise the power
thus invested in you,i the u.most care should
be used 10 secure the ptompt and certain
conyor,ibiliiy Of every mole issued. into
gold or silver coin, upon. demand Of the
holder; to prolecl the community agains, oil
abuses Of granted powers; and TO guard
against the evils Of monopoly by extending
the benefits of the &C, 10 all who will give
,heampJe securities and guarantees which
you will, doubtless, require, No general
objection exists 10 a mixed currency Of coin
and notes exchangeable for coin tthe will
af ,ka hnldA. s,,.k oos lr,... -,L;l-N Ill, -, v
paper money systems, pregnant with fraud
and fruitful Of ruin, justly incur uniysnal
raprobaff6 =. 4 --...------,-
For several years past the law has allow
ed contracts for interest al the rate Of ten
per centum. There seems to be no valid
reason why the capi.alis. should be enceur.
aged 10 demand 50 large a proportion Of the
earnings or the producer and the profits Of
ihs' manufacturer and the merchant. |
therefore respectfully suggest material re.
duclion Of the maximum rate allowed. a.
i need NOT commend, TO your judicious
consideration the Educational and Benevo.
lent Institutions OF lhe State. Universal
Education IL our cheapes. defence, and sur.
est safegusTd, and mos. enduring wealth.
Our Common Schools which secure 10 the
people This great benefit, are firmly eslablish.
ID in their affections. and will justly claim
the fostering care ofs.hsir representatives
Our Benevolen, Institutions are noblscom.
ple,emeLt 10 our Educational system. Their
existence honors the State, and every pa,ri'
otic ci.izen mus. feel deep Interest in ,hei,
improvement and prosperity. The duty ol
the State will notbe fully performed until
the benefits of these Institutions shall be ex-
tended TO all, without distinction, who seed
their care. ,o ..r
The organization and discipline Of .he
Miliia will require your early consideration
The laws en- this subj,ct need thorough re-
vision to adapt them 10 the requirements
of The Constitution, Adequate provision
should be made for the enrolment o.
all citizens liable 10 military duly, in order
10 secure TO the State her due proportion O
the public arms. No necessity, however
seen,sTto demand actual service from any
who do not feel disposed 10 perform II. =
Efficiency ndlenergy wilhprobably BE- bet
ter secured BY the judicious encouragement
Of uolu niary organization. The pairie,isn
Of individual citizens, properly sanctioned
and supported by legislation, will doubtless
supply amiltary force fully competent 10 al
The exigencies Of police, and 10 wha,eye
more serious contingencies may posiibl,
The Constitution Of the State provide
for It's own amendment, and assigns 10 III
Legislature the duty Of proposing such mod
i6caIions, as experience suggests. Change
in,he fundamental law should ever be mad
with caution; bu. -amendmcnls which com
mend themselves by their intrinsic meriI
TO the judgment Of the Legislature, ant
seem TO be demanded also by general opin
ion among the people, have just, claim Il
be submil,ed to the final test Of popular dc
decision al tho polls. ae ~, og, ,.,,,yJ a.,
That the people are The source of all 20
litical power is the fundams snlal principle o
democratic Institutions. To secure d tku,
and complete expression OF the popula
will mus. therefore be a leading object il
every system Of representative government
And this object cannot be attained unless
Representations besos apportioned among ih,
different paris Of Siale as to, give TO eact
its jus. weight in legislation and adminisira
,ion. 1t is obvious that there can be NJ
complete expression Of The popular will un
less the, representative be brought into th,
closes. possible relations Of sympathy AMI
responsibility With his constituents; ant
ibers can be no just aPporliopmeni where
the representation Of one Parl Of q SIaIe Il
so arranged as ~ give 10 lis delegation il
lahs Legislature o grenler share Of poli.ica
power than is given 70 The delega,ioLs o
o,her paris Of equal population. I,
IL cannot be well denied tina, uniform
system OF single districts will besi secure {
proper choice Of representatives. and thei
due responsibility 70 The people,, and a lail
distribution of political power. .,,s.sgb nm,
Where one representative Is chosen .,C
Frepresen, one disricl,l there will necessarily
b. Ihe mos, careful scrutiny Of qualifica;
lion; ,he leas, liability 10 misinforma.ior
and mistake; the closes. sympathy in ,opin.
ion and purpose; the mos. yigilan, observa'
lion. oi representative action; and the live
lest sense OF representative responsibility,
Where more representatives than one are
chosen from ,he same district, all these Sc
cnvi,iae ava sauaihlU innnnivod 0nnnvtuot,y NJ