Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1862-01-14


issuee, on demand, In specie. II 10 known that
the demand notes Of the General Government,
as also the notes of nearly all the banking In
stitutiona Of our aister States, are not now re-
deemed in coin on demandj hence, our banks
arc unable TO receive, in pay ment OF debts due
them, or on deposit, any Of this vast description
Of currency; for not being permitted to pay. II
out, OF course they cannot receive II safely
This condition Of things must necessarily affect
the credit and circulation Of the issues Of the
| Federal Treasury, and greatly cripple Il In oO-
tanning means to prosccute the war; Great al
the evil, of tolerating by law suspension Of
specie payments, to any extent, is known to be,
| it Is better to endure II, than to embarraas the
Federal Government In obtaining means TO vig'
orously crush out the rebellion. lhave, there
fore, to recommend that you at once authorize
the several banking institutions OF the State to
offer In payment Of their issuee, when presented
for payment, the notes OF the Federal GoVern'
ment, payable on demand.
The broker or Shylock, who may wish TO
hoard his money, In times like tho present
should not complain II he Is offered the notes
of the Government from which he demands
protection for his person and property.
Il ie, | believe, conceded by all, that the
banking institutions OF our State, now In exist
ence, have been managed with skill and integri-
ty, and With degree of liberality to our Gov
ernment, highly commendable; It would, there
| fore, be ungenerous to presume that their man
ayers will attempt TO make improper use OF the
| relief now recommended; but be the risk OF
this great or little, we must risk everything ne
cessary to put down the unholy rebellion,
The banks availiDg themselves of the pro-
visions Of the law recommended, should be re-
quired 70 furnish the State, In proportion to
their capital respectively, with par funds neces
sary to meet the interest on our bonded debt.
Long years of quiet, prosperity, and aeeming
freedom from danger, have led us practically to
disregard the safe maxim, "In peace, prepare
for war"
Let the experience of the past year induce US u.
10 be ready, at oil times, to "nip In the bud'
any rebellion within, and promptly repel any in-
yasion from abroad. Such preparation Will be
an ever present guaranty against temptation to
commit any breach of the public peace. a
thorough organization Of the militia OF the state
should at once be commenced and continued.
This force, numbering about 35U,UUU men,
should be divided into companies, regiments,
brigades and divisionsj and each should be well
oficered. The companies should be mustered
at least twice in each year, as companies; and
at least onoe In each year, In regiments.
All this can be done at small expense, and II
we'll done, we will at all times be ready, at a
moments warning, to call into actual service,
In any portion Of the State, iorce sufficient to
prevent invasion from any quarter.
The duties, and also the compensation, per-
tanning to the Staff Of the Commander-in' ChieI,
should be CLEARLY defined by law.
Il Is expected that the military feeling now
extsnt will lead 10 efforts, on the part OF indi-
vidual enterprise, to establish military schools
in different parts Of the State. The propriety
Of granting aid from the State, to such OF them
as may eeem worthy of 1t, is respectfully sub
mitted to your consideration. Small appropfa-
tions, judiciously expended, would tend greatly
TO encourage such schools; and If we'll con-
Quoted, they could not fail to conduce largely
to the welfare and safety of the public.
A few months' military instruction will quail
ify the young men of the State to take com.
mand OF our militia, even In time Of war, with
credit to all. The time nov devoted exclusive
" to recreation and pleasure by the gallant
boys Of Ohio during their long GUNNER vaca-
tions, could thus be proftably spent; and,
doubtless, hundreds of them would prefer thus
to make themselves useful to the State.
Arms and other munitions Of war should be
kept In perfect order at the State Arsenal, in
quantity sufficient to meet any sudden emer-
gency.
Referring you to the recent Message OF my
predecessor, congratulate you that you are
thus placed in possession of full information as
to the condition and affairs of our State.
Governor Dennison has devoted himself to
the duties Of the Executive Office, with zeal
and energy few men are capable Of, and with
an integrity of purpose worthy of the highest
commendation In his efforts to discharge the
onerous, delicate and responsible duties Of bib
Office, during the most critical period in the
history OF our State, he has never, for q mo-
ment, consulted his ease, nor even bis health;
but has been constantly .fouGd at bis poss OF du-
ty. He has richly won TOR himself, what oil
public men should seek alone to win, the pleas.
ing commendation of his constituents, Of "Well
done, good and faithful servant"
And now, gentlemen, may we all, by untiring
industry, strict economy, unainching integrity,
and devoted patriotism, win for ourselves just
title to the same high praise; to the sweet con-
solations of an approving conscience; and to the
rich blessings of our Divine Father!
DAVID TOD.
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