Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1858-04-14
The State subtreasury.

more prominence, anu TeceiNeu tboie ae'eu /
tion at the hands OF Democratic politicians
than the one proposing State Subtreas' 2
ury. It was their leading theme on the
stump last summer and fall, their subject,
of all subjects, for newspaper discussion,
and uuquestiOnably did more to secure
their party majority in the Legislature
than all other causes combined. They
first predjudiced the people against paper
money, and then volunteered the pledge,
ift the law.maklhg power was given to Dem
ocrats, that nothing but gold and silver
should thereafter pass through the peoples
hands. They would inaugurate, in fact,
a hard money era. The Banks should be /
broken down. The people should be pro-
teeted, and general prosperity, of course,
should follow. Such were the promises
made. Need we say that they caught the
public ear. Need we say that they bad the
desired efFect-that of placing the Legisla'
ture in The hands Of Democratic majority.
These promises we're made with such bold
ness and with such effect that an effort, at
least, must be made to redeem then.-
Accordingly as soon as the Legislature
met, the hard money question was brought
before the Democratic caucus, and after be.
ling committed and recommitted to that
body, bill was finally agreed upon, pas
sod by both Houses, and is now law of
Ohio. Its main features may thus be sum
med together.
J /. 1t compels the State and County
t treasurers to keep all monies belonging to
the State or County in their several Offices
t and prohibits their depostiug it in Banks
or anywhere else.
e Q. 1t provides for examinations so as to
d insure that the treasurers shall thus keep
g. the money. -
At 8. It requires the county Treasurers to
70 pay in specie after the 4th of next July,
le all demands under So; after July 4th, 1880
Is all demands under $40 after July 4th l8'
go. all demands under 500; after July 4th
1861, all demands under $50; after July
4th 1862, all under $50; after July
CO 4tb 1868, all demands under 800; aftel
ed july 4th 1864, all under $500; after Ju
We " 4th 1865, all demands of whatever
it amount are to be paid in gold and silver
IL The state Treasurer is obliged to comply
sw with the same requirements, though th'
Is, amounts are increased and nothing is u
be received from him In payment bu
lin specie, after July 4th 1865.
Ii Such in substance is the Subtreasur,
e. law just passed. A word now as to it
- effects upon the people, those upon whor
n. it was to confer benefits
he /. it is proposed that the money sha
b. kept in the Treasures offce,aud now
vas where else. Now let us make . loci
1T application Of this general requirement.
ep- If the Treasurer of Carroll County is PR
hibited from doposting the public fund
m anywhere but in his Office, it will necess
th- rally follow that that office (the buildin
we mean) must be a perfectly secure Oh
was A new room, then, will have to be bui
ult- It must have the best Of bars, the strongC
ity of bolts the securest of iron safes, and pc
zen. sibly guard to watch, and even then, o
etO- money would I,Eg pot be safe after we bad e
Le. pended one thousand or fifteen hundr
7th' dollars to secure it.
Q. An examination is statedly to
'ago made into the treasury by officers appoi
50 ed for that purpose, who are to see whe
at er the treasurer is exactly complying "
the the law Will these officers peri rrn t
ling service without remunerstion9 Very
from it. From whence then will they d
ainst their pay9 We can conceive but one
9th ply. TAeaxpayers must foot the bill
pton 8. The law. while it expressly def
ma the character Of the money that COT
treasurers are to pay out, does not spe
9th the kind OF money that they are to rec
May from the people in payment of taxes,
first This is cowardy in the extreme. 1t is
or an elusive evidence OF desire to shilk res
sibGty. If county treasnrers ate not al
favor ed to paw out paper money, can It be
'"'O,' W, posed or expected that they will take !
"hole Not at all, Why then did our Demo
jority ;c Subtressury Legislators, not ensc
r that word. as they have in deed, that no co
,mo a treasurer should hereafter receive in
ment of taxes anything but gold and 81
Why did they not say 10 80 many "
1oera- if q man had taxes to the amour
minis $50 Der aurum to pay. that he won
tes - Obliged hereafter, to visit the office OF
T,dno broker, annually, and pay him q prer
on the coin with which to d" III
ticket does the law not tell the people th
IN two Wby did tliose who madeit go aroNn
tonites bush. when they knew that this is pre-
II now the effect that the law will have upon