The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1858-09-30
From che seioto Gazette.

to some features Of the sub
treasury law passed by the Democratic
Legislature Of last winter Il is mat
ter Of much importance to the people,
and we give below a portion Of the law
which we wish every voter to read and
reflect upon, and then say if he is will
ing to sustain a party that originates
and sustain such a policy. The follow
ing are sections 13 and IA Of the law,
found on pages 40 and so Of the laws Of
1858:
Sec 13. On and after the 4th day
July 1858, al payments from the State
Treasury Of twenty dollars and under
after the 4th Of july 1859, all pay
ments Of fifty dollars and under, and
after the 4th day Of July, 1860, all pay
ments of one hundred dollars and un-
der, and after the 4th day Of July, 1861,
all payments Of two hundred dollars
and under, and after the 4th Of July,
1862, all payments Of three hundred
dollars and under, and after the 4th day
Of July, 1868, oil payments of four
hundred dollars and under, and after
the 4th day of July, 1864, all R9yments
Of FIVE hundred dollars and under, and
after the 4th day Of July, 1865, all pay
ments whatever, shall be made in specie
All payments made from the State
Treasury shall be held to be made by
the Treasurer Of State
Sec. d. On and after the 4th day
Of July, 1858, all payments out Of ev.
cry county treasury Of five dollars and
under, and after the 18th day Of July.
1859, all payments Of ten dollars and
under; and after the 4th day Of July,
1860, all payment Of twenty dollars and
under; after the 4th day Of July, 1861,
all payments of thirty dollars and un-
der; after the 4th day of July, 1862, all
payments Of fifty dollars and under; af-
ter the 4th day of July, 1868, all pay
ments of one hundred dollars and under;
after the 4th day Of July, 1864, all
payments of two hundred dollars and
under; and after the 4th day of July,
1865, all payments whatever, shall be
made in specie only.
There it is, in plain English, so
plain that he that runneth may read
1t is the evident intention Of that law
to compel the payment of every dollar
Of the taxes in gold and silver. If the
Treasurors are compelled to pay out
gold and silver, they must collect the
same, or turn brokers and buy coin at a
high premium.
1t is said by some that this law will
not be enforced-that the Treasurors
will continue to pay out money as usual,
without regard to the law. In answer
to this, we quote Section 16 Of the law,
which says:
If the Treasurer of the State, or any
county Treasurer, shall pay out any
public money in any other manner than
is provided in sections l3 aud il Of
this act, every such Treasurer, upon
conviction thereof before any court huv-
ing cognizance of the same, shall for
teit and pay, for such oHcnse, a fine Of
not less than twenty nor more than five
hundred dollars, a the discretion Of The
court trying the case.
No Treasurer, we think, will assume
the responsibility Of violating the law,
with such a penalty hanging over him
as the above. But if it were true that
the Treasurers would disregard the law,
we ask what is the use Of PAYING a Leg
islature for making laws that stand as a
dead letter on our statute book?
But there are some other points in
this law to which we invite attention
From the sections given above it will be
seen the Treasurers are compelled now
to pay ont all sums Of Eve dollars and
under in gold or silver, Now, about
oae-third Of the money paid for county
purposes, is on orders Of this kind
amounting to hye dollars or less
Where is this specie to come from?-
The Treasurer does not now receive in
specie more than he is compelled to pay
out in the making Of change lJ is
plain. therefore, that he must either CON-
pei the people TO pay to him the amount
he is required to pay out in specie, OF
he must buy /, and the county must
stand the loss. One Of those things
must be done, and igiH be done.
Taking this view Of the matter. the
Treasurer Of Franklin county not long
since notified the people that he would
receive nothing but gold and silver
This is what the law aims at, and this is
what it will accomplish, if allowed to
stand.
The Treasurer of State is compelled
no,5 to to pay all sums Of twenty dollar,
or under, in gold or silver. he must
Iraise this from some source. If he
does not get it from the county treasu.
rers, he must buy it at a premium
Which the State must stand.
Another beauty Of the law is, that Il
keeps locked up, in those 81 900 safe.
that each county has been compelled tC
buy, an average Of about 50O0O, thai
might be otherwise in circulation among
the people. I'm times likes these, this j,
au argument against the law that every
man win appreciate
One other beautiful feature Of thi,
specimen Of Democratic legislation, q
] that no provision Is made for the safe
keeping Of the funds by the township
treasurers. They are notallowed 20 Dc
l .H o. ..ftI.