The weekly Portage sentinel. [volume] (Ravenna, Ohio) 1854-1861, 1857-09-03
Gold won't BTCHk-G Gold, Gold,
Give US G0ld!!

An interesting scene occurred tt the Citi.
ems Bank of Cincinnati, the day after the
failure OF the Ohio Lie Insurance ard Trust
Company. 1t was reported that the Citizens
Bank had large deposits with the Trust Com.
pany, and hence was likely to suffer embar-
rassment and perhaps be compelled to sus-
pend payment. This institution has, all
along, been popular with the poor end labor.
ing classes. Hundreds, upon hearing the
news, rushed 10 its doors and earnestly en-.
treated the cashier 10 pay them the amount
Of their deposits. Old men ard young men,
women and children, all came hurryng to
the counter as though life itself depended
upon their excrtions. One poor .wcman,
with gaunt and hoggOrd form and trembling
limbs, hnstened up ard cried in a tgemuIous
voice:
"My notice-th;r'y days noticc-lor-my
~-money."
"But, my child" rejoined the broker,
"wou!dn't you prefer the money Gor?'
"Now, aow, Now" size almost shrieked,
"c1n have it now! Mustn't l wait thirty
ysp
"Oh, 10, my child" again replied the
banker, and turning to the teller, requested d
him TO pay the wom ker $3.50; then &C.
costing her again he said, "we can give you
gold, if ycu prefer it, 1T two per cent. dis.
count.
ooh, gold, gold, gold, give me gold," she
cried vehemcntly, "taat won't break; DO give
me gold"
There is moral to this story--one by
which privote individuals, political econo.
mists, and governors may Irodt. There are
thousands of poor toi.worn laJorers all over
our broad land, just in tho condition of that
poor woman--only not SO fortunate. They
work from early morn to dewy eve, and, in
the hope that by and by, they m:y have
something for ga rainy day." they deposit
their scant earnings with the bank. The
bank breaks and they are suddenly reduced
to poverty. Could tho aggregate sum oI
these small losses from the hands of honest
laborers, and occasioned BY the failure ol
banking institutions, be correctly ascertain.
ed, it would amount to hind, eds of millions
The moral of the story is this: Cold is
better tn the paper promises Of an iacor.
po-ated bank. you have money, invest i
in land, in real estatc--in something that
cannot be blown away with b7eath--in
something that cannot be stolen. Deposit
1T where no we'll dressed, spccul4t;rg, purse
proud arlstocrut can rob you Of your rights.
1t teaches an unmistakabIe and importan
lesson to those public cffcers who have il
charge the rights and interests of the peo
Pile Of State. The Slate Of Ohio stands 10
day in the humiiating position Of an untor
aunate deposttor, sOhose ,rhols treasure has bee,
s,Oept aaOay By The failure Of moneved corpor
alton. Had her treasure consisted IF ooI,
and silver, deposited in vaults built by III,
State for its deposit and protection, insteo,
OF these miserable promises to pay,' Sd
would now have in her possession more thai
million of money to meet the public de
n1ands. As it is, she is bankrupt in purse
and ruined in credit. Enormous and crush
ing taxes or-repudlaton, stare US in tn
face. Every day makes some new deveIor
fnent OF our embarrassing position. Ever
DAY furnishes potent argument in behalf {
an INDEPENDENT TREASURY. Civ
ns gold, gold. Let US be divorced from a
banks and banking-let us have law, clea
stringent and practicable, which will proyid
beyond hazard for tho safe keeping of th
public funds. This, and this alone, will r,
store confidence to the people, and retrfev
the credit and honor Of The State.
0STStewart, the Democratic candidate Il
Governor of Missouri. In elected. Cood