Collections of the Illinois State Historical Library volume 14

Cover Collections of the Illinois State Historical Library volume 14
Collections of the Illinois State Historical Library volume 14
Illinois State Historical Library
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It creates a powerful and continual money power, which by its influence will control all the interests of the state, and possibly the freedom of our electors. Its effect would be the centralization of the monied influence of the country, and work injuriously upon all its interests. It is based upon nothing real or substantial, its capital is not specie or its equivalent; it is based upon stocks. Let it once become known in the country that a bank may be established in Illinois, based upon a cap...ital consisting of stocks, and, sir, you will have numerous runners and agents from every stock-jobbers' board in the land — scouring our state, dealing out money and using every possible means to secure its adoption by the people. And [is] this to be fastened upon usforever, by a con- stitutional charter? Mr. C. 's time here expired.
Mr. DEMENT said, he felt himself obliged to trespass upon the time of the Convention once more, in consequence of what had been said. The gentleman last up had been either misimpressed in relation to the position Mr.


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