American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1859-09-08

peIDbpS DOI. IL " ROT IN ObIO, al any rate,
it i not, perhaps. within thousand miles
OF Ohio, spd yet we are told This is Cub
Treasury. and safe. very safe.
Suppose the foreign bank fails. You
have no law in Ohio by which you can
reach it; il is subject TO no legislation Of
yours; you cannot control it; your money
is gone, and bow srs you to get redress?
You can sell the notes to broker IL they
are worth any thing, and il not you get
nothing. That is VIII they call the Sub
Trearsury systsm--a safe system! say
il is entirely unsafe.
UNsAFRTf OF THE SYSTEM.
But il is not only unsafe in this. but in
other respects. There is no provision in
this law by which tne sub treasurers are
required to give bonds to the State for the
proper performance of the duties required
Of them BY what Is called the Sub TIeasu-
rY act. They give bonds to The County
Commissioners, and those bonds are in the
custody Of the County Commissioners, ex-
amined BY no State authority. 10 this it
is entirely unlike the general Treasury sys.
tenn ofthe United States, and to this ex
tent it is unsafe. Il is a question among
gentlemen learned in the law. whether these
bonds, in many instances, are good; Wbeth-
er they oblige the Treasurer in respects TO
the particular duties required by this act
II they are not good they have given no
bonds. and there is no security at all. ]
say in 10th these particulars this system is
not only unsafe, but is entirely unlike the
thing after which it has been named.
FcRCIBLE ILLUSTRATION.
Here was the Treasurer Of COshoctou
County robbed the other day--so he said
he may have been robbed, or he may not
but so he said. One thing, however, il
certain. that as yet nobody has been Judi
cially convicted Of having robbed him.
he was robbed. in point OF fact, everybody
knows that the people of Ohio would no
require him to pay the money taken OH
by force; therefore, no occasion 70 hatrl
for the release Of this gentleman. But. i'm
mediately after he was said to have beer
robbed. he rushes to the Legislature, anc
there he asked his Democratic brethren Il
release him and his securities from the pen
atty OF their bond. In hot haste, withou
evidence OF any kind but these mere state
men:s and his own words, they Ieleas
him from that bond.
/ Fellow citizens, does not that illustrat
The insecurity Of this thing? Your Tres
surers represent aparty in every county il
the State. They have their securities upo
their bonds, and these and their part
friends are Interested in befriending an
defending them. They have party friend
in the Legislature, and all they have to
is to hurry to the Legislature and get re
leased. If you wanted anything to dc
mcnstrate the want Of security of what
; called the Sub Treasury system, you hay
!, it in this. ,.s-sse.s..
DEMocRAfio SPEECHES.
I understand that our friends in difel
ent parts Of the State very seldom refer I
/ these matters. They seldom refer to any
, thing in which the interests of the peopI
are largely involved, the subjects offinanc
, aud trade, or legislative or administrativ
action, but they go about the State for ib
4 purpose Of telling the codhtry that Il
. Republican party is wild upon the sdbje,
Of Slavery. They don't Undertake to 81
J word, SO far as | have seen any Of the
! speeches reported, upon any ofthe matte
, which interest the people, but simply
i talk about the universal niger dusstio
i as they call it. All that they seem 10 81
a is "higger, Niger, niger" don
kdow bit that in discussing and assaili1
; the negro; they iot upon the principle
! highly recommended in athletic contest
: to take one Of their own size. TLaughtcr
! But fellow citizens; it does seem to u
that we have other questions which inte
, est us 10 this couhtry, besides this qusstic
a Of Slavery, and questions too. TO wbiC
3 we should pay good deal Of attention.
4 / propose, before talk about SLAYER
= to call your attention to some acts OF Fel
eral lcgislation.
e The STRONG ARM OF DEMOCRACY.
9 A few years ago Mr.. Buchanan W
: looking for the nomination for the Pres
d dency. In 1859 he wrote letter fro
8 Wheatland. In that letter be said, inten
: ing that il should be read by the Americl
!. people, that our financial affairs we're in
Q bad way;that our expenditures had alreaC
k reached the enormous sum of fifty millio
F? Of dollars, and that unless the Dem c.a'
:! ptit forth its strong arm and resisted th
It tendency to extravagance. there W
g reason to apprehend that in the course
t some short time the expenditures wou
d reach tho sum Of one hundred millions
d dollars. There was no knowing tb
d il the Democracy did not put forth
9 strong arms but the expenses Of tbe Go
i eminent wotild swell 10 the enormous su
8 of one hundred millions Of dollars.
Q Well, nov, Mr.. Buchanan was elect
IS 10 1856, as we oil know: l did not vo
: for him, and good many of YOU did nc
+ but some Of you did. to your great sotfo'
. daughter Well, he was elected, at al
y rate. and what did he do? Why, he p
forth his strong Democratic arm, but
q had The opposite effect from what he b
J. predicted III his letter. Instead Of arrel
! ing extravagar ce, it propelled it. and
!. the first year Of his administration the e
# penditures Of the government were abo
!. sixty FIVE millions Of. dollars. They b
b already reached the enormous sum OF fii
o millions, when he went into ONCE. Nc