Page:History of Iowa From the Earliest Times to the Beginning of the Twentieth Century Volume 2.djvu/64

 accessible to the bill holders who might wish to present the currency for redemption. He was further opposed to a large issue of paper money as dangerous and cited the heavy losses heretofore entailed upon our citizens through flooding the State with irredeemable paper money. The bill was not passed over the veto and no banks were ever established under the provisions of the General Banking Law.