The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1869-02-11
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Interest EaW,

The following article on dtheopr0-
posed changed In the Interest law OF
TINS state wee6py nom the western
Reserve Chs0aic1e, published at War
reny The argument it tcontains.against
the proposed increase isnot only forci-
bic but conclusive :nobnoqssfrog I
MR. EDITOR :-L see by the proceed
ings that the Legislature of ourIState
isRfooded with petitions asking the
legalizationFofTa higher rate ofsifItea.-
est than the rate now fixed by law. eqe
mdt seems to be aiconceded q fact, that
the presal1tirate, is assmuch as mensih
varionsDbranchese6f OF business can af-
fordito payff0rmoney to do business
with, and Think thenet profits efteur
merchants and manufacturers, b take
them inthe aggregate, will not amount
to over that small sum- Nor do eur
farmersmake siNper cent. onYthe val
ne of theirifarnls. aadl fxturesy by tcul-
Hvati6n:i4 bIesh TsY9n atis :footio-
% NowIsas,it 'isYthe 4agricultural,4 the
manufacturing. and the commercial in
tarests, that Isl the foundation of all
our prosperity asia community6 and
the present rate is all that either of
these branches can affond to pay, and
aslmany of the most enterprisings in
all these pursuits area borrowers will
not a higher percentages of interest di-
rectly Cripple each ofithese interests,
and thus sap theoNery foundation of
oiir7prosperitg29i lsom ed3 9rogss odS 4
bllAnd what are we to receive. Gin, re- !
turn for the injury thusfinfieted,nfof
thisi sprag stuck in thegWheel of aear!
progress. ,s9Hoes stsIoW 9d1 2irgs bng
fG Simply,p a lawseneoulaged; nonpra-
ducing class, whose chief business ois
tofatteM qinancially uponfhe neees-
sities atsdf misf6Etnnes iofsfllHir fellow /
men! luSubstantiallS Sso theb rich made
richer, asaditEe poor poorer. 4au1b 9di l
! If this be a. desirable result! slet us,
have the change made in9mediately. Il
WeIalT know that atmoneyn0M exerts
an undue 8infRsneetiiao society; that
lnensfwhoo havel nothingl but
their wealth to recommend themiinb
matter how they obthined it have, gea-
orally, m6reHinflneIiee inIpublicg than
better, and more talented menIi ihaye;
Wifhontiwealth. &c Ouraffbitioasiyoths
men eithisyaadi bend all their eher-
giesI to 9lbecome rich, and are, taGeften,
unsetapnleus lasitO 8 the means en-
ployeds st6 accemplish their end.la Our
business anddbnsinessamen,i manufac-
turers andfmechanies, fare, day by day,
becoming more and more under the
control of the capitalist, and it has al
ready reached the point in many cases,
whom the beckgar the nod of some 8y-.
ranlnicai an II nabbob shuts off the steam and
stops the wheels, Of the factory, or
closes the merchants gl N s, doors, and forces
the unfortunate owners into bankrupt.
cy and poverty. And yet, with this
immense power, money is asking at !
the hands Of u our III lfW7maksrs vi aa Sgp special
LIE he 6opss.dIeecb sssda zip oy ia oii ii
8 give ! give :; and like a modern he.
70, 70, asking, % assmore more S.;l a-..,sa a
# l were moneyed man, profess |
sing the power, that money gives, i
would be; ashamed to sign my name to |
a paper, asking for law to place the |
needy and tpfortnnate more within
my power, pwY, and nd lower beneath ny feet, I
than IAN they are alreadys,l,ad,. -. .,'@
a. Shame, where is thy blush p : :
What our country needs at present,
is not not law to give, the leech the last
drop Of blo'ood blo'ood iH the veins Of the body |,
polite, but one prescribing his metes |,
and bonds, and visiting him WIithlpeenr- pei
alties more than nominal, for stepping
outside the thereof Y9if so so,mote, it be, ~ %
letI-iaem oaiJo,, ,dT BLprSSIprERBgss1 7
hWFEqq hWFEqqrren, o. Feb, 30, 1869, rs - I'D !.
!, IN BLOOM Peach trees ia aMiliss4Hs-
t.EttLl sisHES ii