The Jeffersonian Democrat. [volume] (Chardon, Ohio) 1854-1865, 1862-01-17

am thcs particular In referring TO the
present condition Of the State Bank. not
only because it 10 the chief banking insti.
tution of the State, and furnishes nearly our
entire Ohio currency, but from tho fact that
think the time has arrived to determine
whether IL is expedient TO continue its OK.
stence beyond tho period for which IL was
originally chartered; aud. if expedient, to
take tho necessary steps for that purpose.
Tho charter OF the bank will expire in four
years from tho LIST day of May next. The
sixteen years Of It's existence have afforded
ample opportunity Of testing tho question
whether the objects proposed 20 be attained
by its authors have been accomplished
These objects we're:
First The furnishing a currency to the
people Of the State, convertible into coin et
tho pleasure of the holder.
Second. The securing OF this currency
in such q manner as TO protect tho holder
thereof against loss. 10 the evont of q failure
Of tho bank which issued II.
Third. Tho securing to tho several sec.
tions Of the State a fair participation 10 the
privileges granted by tho Act.
As to the 6rst object, all must admit that
II has been fully attained, tho issues OF the
bank being rreated as equivalent TO coin in
every business transaction, large or small,
among tho people of this State. On this
subject there can be no difference Of opinion.
AS to the second opject-that Of protect.
ing the bill holder against lOss, in tho even,
Of the failure of the bank issuing It'll nay
remark. that this has becn regarded as the
great problem TO be solved on the succesu
Of which depended tho fate Of any system o.
banking that might be adopted.
The governor opposes Secretary Chaee'
system Of finance, but the long discussion o
this subject is omitted.
U. s. DISTRICT TAX.
Tho collection OF the u s. District Tax
upou basis of equality. is recommended.
OHIO TReoPs FURNISHED.
The whole number Of Ohio volunteer
mustered into service of the United States
under the two calls by the President, an,
the special authority of the Secretary o
War. is one hundred Thousand two hupdre,
and twenty -four tlO0.22i.)
This does not include the citizens of Ohit
who have gone into tho military organization
of other States chiefly because Of want o
authority to receive thom into the Obi,
regiments. From tho most reliabIe source,
of information have boen able to consult
| estimate the number of soldiers enlisted
from Ohio. for other Statos, ut not less THAI
ten thousand.
MEN
OF the Ohio army proper there are
beyond tho limits of tho State in
active service, 459St
On duty within Cor under orders.) 1885
Attached TO regiments in process of
organization, 1884
The soldiers thus described belong to
40 Regiments Infantry 10 service, Al 4O9
Cavalry 228U
IL Batteries Artillery T" --" 1906
6 Companies Cavalry" $50
Tcral Ohio force in active service, as 9st
In camps in the State
35 regiments Infantry, 20 lac
d regiments Cavalry 44Ss
II batteries Artillery, l,22s
-
Total. 3i.67e
Amount of Ohio force in three years ser
vice, December 81, 1861
Infantry, 67.54t
Cavalry, .t 727(
Artillery, 5 3.02a
Total. 1854
To which add twenty-five full regi.
meu,s for three months, $4,000
Two companies cavalry, ..... 1872
Two sections artillery, sc
OGe battery, -- l2C
Grand total, lOl,224