Alabama state intelligencer., 1831-12-22

ply to State where one State Bank only il admitted by the Constitution, and that ont resting on the security on which the Bank oj the Stafe of .Aio6ama restsf Was not the in. troduction into this State of the Branch of the Bank of the United States, the destruction oi the Iom6eck6e Bank, and the sole cause oi the losses sustained; as also the embarrass- mentsproduced by the stoppage of the lattera Has not this branch crihhled even our State institution, and prevented much of its useful ness' Has all the eatital the Branch Bank ot the United States has introduced into the commercial emporium of our country, added to all It's other boasted advantages, ever been found to obtain for the agriculturists of the county .fair krice for the 8tatle ot'thc coun- try, such as is obtained in other marketse Has it not merely afforded 'facility" for fe7u to shecUate to prodigious advantage on the labor ot tht country? Is there not a large portion of the cotton of Alabama sent annually to New-Orleans, and sold at considerable ad- vanct2 Is the wrong not fully, fairly and fla granly proved, When coais can 6c sent 10 Ns7v- Castle to aduan,epe? :?
 l It $ time, high time, foc the people of Ala ban, tonvestigate this subject for themselves. He that is not now informed 1a the subject sufficient for that investigation, or o~ not know how to obtain it, ought, for his ozvn stod and the .'ood of the State, to have stayed at home. i and attended to his cotton and corn fields It is full time now to inquire how the Bank ot the United States has "reguiated the curren- cy," Gas well as the hrice of cotton in Alaba- ma;) "establishcd healthy medium of ex- change;' and all tue other. fudge that has been scattered through our State during the last year, by the hired scri66ierS interested in that mammoth moned institution. In truth, a branch of it has regulated the fTice of the la Dor of Alabama--the price of cotton, and kept it regulated ten to twelve per cent belO7t other markets. Where is the planter who can say he has been benefited by it's ad-it. monied liberalty9 A handsome alder truly to the industry of our citizens, transferring { large portion of it's industry to foreign lag, drones of capitalists, whose want of conf dence in the stability of their ozvn aiistocratiC CT tyrannical governments, induces them t grasp the stock and better security of our mo nied institutions now to the amount of sever millions, and ofthe Bank ofthe United Stairs Let us recollect, what cannot be denied b, the most slavish advocate, the most perfectl, dehendant, gahing rhectant for diScount anc accommodation, that the hrofts of that in stitution, a part of which profits is fount through the sweat and labor of the heohie the zvorking heohie of Aiabama, goes to pam per and feed the avarice of capitalists out o fhe State; and a portion, to the monied aris tocratc capitalists of Europe, who feed ant fatten at home, on the sweat, pains, tears, ant lniseries of oppressed millions of hard labor ing human beings; whereas the profits of ou o7un institution would be scattered out, anc ultimately divided amongst every class of ou citizens, benefttng all.
 If the Government of the United State will renew the charter of its bank, ought no a restect to that portion of sovereignty qua ranteed to each State by the Constitution o the United States, demand that it should fnt its way into a State only 7uith the consent Q that State
 "PRO BONO PUBLICO."