The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1862-01-29
} iauguraeed, and the bank suspensions swim

l. al
| At the time indicated it came up, and
several amendments proposed BY the sFx
sion democrats and tho 8 ea{fd e9e'Me
4 democrats Teaamaa .szsgIa 3daHa hns a
The bill was finally amended SO as to
limit the time of suspension to sixty days,
aud compel the banks to list their prop
Ierty for taxation, the same as individuas
are now compelled ,tesiiss' theirs. Atthe
respiration Of the sixty days, the time,wilI
no doubt be. extended indefinitely la, An
amendment offered by, ,yonr correspondent;
prohibiting the banks, during their sus
pension, from buying ir their owa notes
at a discount, was lost by a majority OF
one or two. l suppose the House viii at
once concur in the amendments. and then
good bye to anything like "a free circaia'
tion Of specie 10 the State Of Olio FOR the
next Eve years. II has already bsen
lstrongly urgediupon the present $ General
Assembly to Indicate what will be the
future policy. of the State upon the cur
rency question: Vide Governors Mes
sage. In other words, they desire re-
chartering of the State Bank Of Ohio
This done. the place that nows Knows
and the names by which their various
branches are now known will kuows them
no more forever Being permitted to
buy in their own issues at such discount
as their rapacions desire for accumulation
may indicate, they will have accomplished
their object. before the expiration Of their
charter ia 1866. and be organized in new
places and under new Names ready to go
to work under the new charter, which,
however stringent, in the beginning, they,
have every reason to believe, judging the
future by the past, viii in the end give
them full power to GO forth. TO slay and
eat.
The distinguished Burke remarks !:
"In States there are often some obscure
and almost latent, causes, things. which
appear at first view of little moment on
which very great part of their prosper :
ity or adversity may essentially depend s
Ny own acquaintance with men and
things has taught me that it is from. small
and not uhfrequently Insignificant attacks.
that governments and constitutions fall. A
le * no larger than spear head win sink
the most gallant ship that ever swan the
ocean. A crevice may be made even by
q reptile which viii let in the water OF the
Mississippi, till whole counties and states
are Inundated. 7.s'''.' 4s''1''.
; When / read, some ten days ago, the
report OF the Board of Control and Of The
Bank. Commissioners, and found that they
did not ask for the privilege to suspend,
I felt proud of the banking system Of my
State. and would have preserved her.
chastity as q tower Of strength, as an
oasis ID the desert as beacon, light to
guide the tempest>tost 6nanciers to the
safe haven from which thsy had wildly:
and madly departed. 'h - " $3.50
But when Senator's, who, by their, holy
profession aud 'freqnent mi1istratiohs in.
the sanctuary Of God. are presumed to,
keep the svestal fres Of patriotism, of,
truth and fidelity. forever burning Upon,
the altar of their hoarts; men who Should
follow in the footsteps Of The Senerated
fathers. those glorious fathers Of. the
State, the fathers 10 Israe!: when I see
such men as these freely voting for this. as
it came from the House, mother Of hsrlots,
what am I, or what can I expect from
mere politicians? They, certaidiy. . az q
clase, are more interested Ia the success
Of right principles than are the mere sih-
triguing politicians Their ovid profes
sioEs of holiness aud sahctity should have
prompted them i'd this matter. Tney well
know that the high destinieso which tRey
claim for the human family, can oufy'be
accomplished through the protection Of
good government and tie genial iia lence
Tor D settled financial organ. Z ..tioh. g t.
view Of all the relations that fhag sustain
ito society, theJ Of ali m n "a uid have
shfank with borrcr rom ine disofganiz
tiog doctrines, .an1 SsScesd pric ices eoi
feven temporary repndi4.ion. *noess /
The man, or SCI Of men who viii vio.
late great mo AT principle under th,
mere pretsxt of political expedisucy
SHOULD certainly resign, in the most pub
4iic manner possible, all 'clafafs to extrs
morals or superior pie'y, and 1t oucs
9tlke his orstheir place among the mer,
fp,li ical intriguers and dem .gogues o
,fthe day io@ss' Z - ''.~ ''sssa ''s11
/ The politIcalapd fnasci.l hyenas wonlt
then b. content with their repast of deat
mems bones. and not seek to regale them
lselves on more angelic food, by consort
ing with The; the rvspq.edIy hon honest, holy 40 ap'
kp'''ouuss5si43as ssa sssse4 1854 CO Esis-gnsno
But I. perhaps. have co nmented sufi
ciently upon this bill, and tue action O
members upon it The IL, ure walls, o
! the little ones fo- the wapt of The Spayter
upon which to cut their leeth with, will b
a fssqnent, if not o daily ne.mbrancer t
/, many Of them Of the iuiqli'y of thei
course, upon tha bill ,su,holixing The sus
pension Of specie payment so ssss
i But the argument made use of to just
ify the suspension, is. that.ail the easter
baaks have saspau,ied;a if,he Oais bahk
Il, not susDeud sheir snacis wiI all b