Preble County Democrat. [volume] (Eaton, Ohio) 1857-1859, 1857-07-16

s%peculator. So of his wool. He ha
been taking one clip for himself and tw
for those who tell him "the countr
would be ruined without banks"
But not individually only have tn
people of Ohio suffered from this "Or
der" of the "Script Nobility" The.
have claimed to be the essential GU sto
dams of public monies, and that nfte
shaving the farmer out of part of hi
crops, they claimed to be the guardian
of so much of the balance as was devot
ed to the States dues and to make wha
they could out of its use in its transfeo
from the tax payers to the States cred
itor. How much of the treasury of the
people the State of Ohio has lost by ma
king banks its depositaries and transfer
agents, we have, at present, no mean
of knowing. In 81, when there wa:
such an unusual smash up, the loss Of
State must have been great. The item.
under Mr.. Breslin's administration as
Treasurer are as follows:
They were made up of depo-
sits-in the Commercial
Bank of Toleda, S24, 917, 0s
City Bank of Cincinnati, 79,711,O5
Bank of D. Beckel, Dayton, 50,7S5,4S
w. w. Cones & Co. Gin. 47,799,0 90
Making, s213, s24,54
The defalcation under Gibson, who
being a professional Banker, has, it is
said, used the funds of the State to aid
and establish banks and bankers in this
and adjoining States to the amount as
now alledged of eight h@ndred thousand
dollars, making within a period of four
years over a million of dollars of tax to
the people for the convenience of using
banks not only as the makers of their
money but the keepers of it.
How long shall this system of swind-
ling go on? If the people in their in
dividual capacity are not prepared to
declare themselves "free and indepen-
dent" of Banks, what objection can there
be to the State as a corporate body do
ing so? The General Government col
lects annually, keeps, and disburses, in
gold and silver, sixty millions of dollars
without the agency of a single Bank,
and this it does with small expense per-
feet safety, and without any inconve-
nience or danger to itself or the coun-
try. Now, if the General Government
can coll ect, safely keep, and convent
emily disburse sixty millions without the
agency of Banks, cannot the great State
of Ohio, collect, keep and disburse three
millions? Uncle Sans revenue is scat
tered over a country on whose extend
ded domain the "sun never SETS
Ohio's revenue is comparatively collec-
table in a nut shell, no part of its ter
ritory being a days ride from it's Capt.
tai. With an INDEPENDENT TREA-
sURY IN Ono" bank failures would
cease, and State delinquents would be
heard of no more. What say the Press,
and what say the people?
These subjects are presented for the
consideration of the Convention, and
the candidates who may be selected as
the standard bearers of the party Oh
that occasion: If endorsed by the Con-
vention, we shall expect such an
didates selected as will reflect these SEN
timents, not from the coercion of the
Convention, but from the conscience
and convictions of the candidates them
It was a great mistake in put
ting men upon our ticket and upon the
stump who like the Fusionists admitted
the principle of the Nebraska Bill to the
but doubted its policy, and this too
after a Democratic President and Cabi-
net, both branches of the Democratic
Congress, and about every Democratic
in the country had fully en-
dorsed not only the principle but the
These doubters are either conceited
men 'too wise in their own eyes" for
party leaders, or else false-hearted De-
mocrats who sooner or later will find
themselves in the enemy's ranks. Jack
son had his dou6ters when he vetoed the
U. S. Bank-Van Buren, his when
"Sink or swim" he went for the Sub
Treasury'-Douglas had not only doub-
ters but defamers of his character when
he introduced the Kansas Nebraska
Bill; and the author of the bred Scott
decision is now coming in for his full
share of this damning abuse.
If the doctrines of the foregoing ar
are Democratic, and are so pro-
nounced by a Democratic State Conven-
ton, give US Democrats on the State
ticket who can boldly and conscienti-
ously enforce them from the stump,
doubting.-CEeu. PaindeaIer.
BgThe Petersburg (south side) DEM
ocrot is responsible for the following A
well known editor got shaved in
one of our BARRIERS shops and offered
+bo dorEv n dime which 1Uoc raf,cad bo