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Description and Holding Information
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<1840>- , Inaugural address
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**Doc. No. 76 Inaugural address of Thomas Corwin, Governor of Ohio, presented to the 39th General Assembly, December 16, 1840. Ohio's Constitution
circumscribed the office of Governor--he could recommend legislation, but had no veto power and very little appointment power. He believed that was
because the Constitution was written just after the very contentious election of Thomas Jefferson as President. The primary point of his address was
to offer two possible ways to manage the banking situation in the state, especially the banks' production of currency, theoretically backed by specie.
His first suggestion was a state bank with branches that was a single source of all the currency used by the branches. He suggested making all
charters very specific about how banks should be run so that the courts could decide if a bank had failed to operate properly. Or, a board or commission
could decide how many banks the state needed and re-charter only the best of the current banks. A statewide board would issue the paper that all the
banks would use and it would function as bank examiners. He wanted to limit profits to a certain amount and require any excess to go to the state
treasury.
**Pub. Doc. No. 8 Inaugural address of Wilson Shannon, upon taking the oath of office as Governor of the State of Ohio, in presence of both
branches of the General Assembly, Wednesday, December 14, 1842. The people of Ohio were laboring under a heavy debt load, but agricultural exports
were growing, so the situation should improve. A protective tariff was being discussed again. He thought it might work, but it might just as well
backfire. He also opposed a national bank--even a state bank. He was worried about currency manipulation.
**Doc. No. 2 Inaugural address of Mordecai
Bartley, upon taking the oath of office as Governor of the State of Ohio, in presence of both branches of the General Assembly, Tuesday, December 3,
1844. He was interested in improving the education of teachers, using the sciences of geography and astronomy locally, and bolstering the banking
system. He suggested each bank back one third of its paper with specie, have an actual capital of at least $50,000, and the state would have a bank
examining system. Pages 10 and 11 were missing. The Legislature should keep a careful eye on the Board of Public Works--perhaps it would be better to
have them close their books and move the money to the State Treasurer's office.
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Title:
Inaugural address of Governor ...
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OCLC Number:
858243145
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Available Volumes
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