Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1857-11-26
HARD MONEY DOCTRINE,

A HARD MoEET STATR.-There is no
thing but specie in Arkansas, there being
no baaka faxes are paid 10 gold apd sil-
yer, and the State pays nothing but the
iahafd" out. The State Treasury is wen
provided With gold and silver, having
more than will keep the government fol
two ysars.-Pha. Ledger.
Why does not this rich State, with IN
eyeraowing treasury, pay the interest on iis
tondsl The Smithsonian fund was invest
ed by the U s. authorities 10 Kansas State
bonds, many years age. The investment
proved dead loss, aud the United States
\ government has been compelled to make
good the loss. If Arkansas is now so able
10 pay, should not some effort be made to
force her to disgorge some of her surplus
for the relief Of some Of her cheated cred-
itors?- Pts. Gaz.
And why is it that the people of the
State of Iowa, after an experience of years
under the hard money system, felt them
selves constrained to amend their constitu.
Q ton, and fix therein clause authorizing
their Legislature to pass a Banking Law
for the avowed purpose Of giving them "a
ctrrencyP" Because, With an experience
of its entire existence as a State, the peo'
pie have found it too hard to pay taxes in
the "hard," just to snit the doctrines Of
the Shamocracy and have, therefore
thrown overheard both the hard-headec
Democrats aud their ante-deluyian "hard'
money doctrine!
But we are told, and were frequently
told, by the stump orators in this Stat'
during the campaign, from H, B. Payne
doyn to7the famous school house stumpel
of our county, that if the people would
jbpt give them, the seIf-styled Democrats
the poUer in the la'q making department
they, eOea they, would install a aeW auC
asmocratic financial system in the State o
Ohio. And since the people have trustee
7 them with the law making department, (by
the aid of the Giraffe system of districtins
1.-The State under hen Constitution, willis
The p6pn1dr vote of Tie State1is taoelr
thousand against them, J we see thodoctrin'
still ayowed by the Stategpaon, Gin. En-
qairer. CleV. Piaiadeaier, and even in tbo
pieBald exclamatitns Of the Citizen, TX
which doctrine, or the practical adoption
thereof, we say they aciH not--they dar,
not. .........-. .-............
/ We do not wish to be here understood
as the advocate of an iIl.defnod, iIlsecuret
system of banking in Ohio or elsewhere
but we are of the firm belief that the bar,
money system, as advocated by the hard
shcIed Locofocos of Ohio, is a long Strid'
backward in the scale of civilization, verg
ing upon barbarism. Through all the ex
tent Of the late financial crisis, in length
and breadth, the banks Of Clio have meI
the fearful storm and withsLood the shock
whilst hundreds of individuals and firms
have been unable to weather the storm
been capsized aud stranded, whilst millions
more than their liabilities have been with
in their grasp, but were unabIed to WELD
| it at the important crisis. We therefore
point with pride to the banking institu-
tons Of Ohio, that have beer 50 manned
during the tempest that has proved so dis.
astrous to business men aud moned lNsti-
tutons throughout the country, and ask
the really thinking business men of all
parties, do YOU wish to experiment to suit
the feodql theories Of serving dem
agogues9 Again we say, we dare the
vandaIs, who now have power at the Cap
iitol city, to practice their Eastetn dognss
win you take that horn. Mr.. Citisens