South Branch intelligencer. [volume] (Romney, Va. [W. Va.]) 1830-1896, 1834-07-19

see yet; for though the Secretary OF the
Treasury says the duty on imports will
be pritty large, am afraid be haint calk.
lated enuf for the amount that the mer-
chants will claim back for the exports, for
if they can't find market here for the}
goods they import, they will ship goodl
jag on Fem off to other markets and then
by law git back from Government the a.
mount of duty paid on such goods and
that makes plagy hole in the account.
Now, it always was the fashion aforel
this plagy war began agin the U. S. Bank,
for the Treasury Department and the
Bank to rub noses together, and watch alll
these pints, and the Bank would begin and
forelay agin the time when the Treasury
had 10 put away money; and the public
debt and the expenses of Government
would be paid through the Bank millions
on millions of dollars, without the peo-
ple's feeling on it, and this was about the
way ont; the Bank was we'll known in
Europe, & every body had confidence 10
it, and was ready to lend money at low
\ interest, whenever it wanted it, so tina;
when pinch would come, all Squire Bid.
die had TO do was to draw money from the
foreigners, instead of making our own
countrymen pay up, and then pay it back
by degrees, leetle by leetle, till it had
Whitfield it down to the lee,le eend of roth
in. The pet banks can't do this, folks a.
broad don't know 'em, and folks at home
neither, 100 miles off.
Now let's see how things will work,
as things are now hx'd. The Treasury
must call on the pet banks for The peoples
money, and over 20 millions of dollars
must be paid up right off; and the pet
banks must take it from our folks, who
have borrowed it from 'em; and this
comes plagy tuf1 as times now are, and no
trade goin. AS soon as see this, set
right down and rit to Squire Biddls about
1 it, and telI'd him he musl come right GU,
and loan more money. He answered and:
tell'd me he did not dare to do it, for Con-
gress, and the Gineral, and the folks of
that party, said the Bank Of the U. States
must be wound up: and ifthe Bank now
IN the face of that, went TO extendin its
loans, they would all say it was ony to git
friends, just as they did afore; that the
Ginerai said the country was never more
prosperous than it now was; and the ony
way for the Bank to act for the safety Of
its stockholders, (andthey were numer-
Gus old folks, and young orfans, and inno-
cent foreigners, who had put their money
IN that stock was, to wind it up gradual
y, SO that by the time its charter run out,
there wouldn't be such an everlaslin sum
TO pay by folks who had been borr'in of
the Banks. Well, this was true enuf; &
4 see exactly on which the shoe ;pinched,
and for spell 1 couldn't see how the
country could get relief. So arter while
| began to think about Congress, and the
Gineral, and his folks. Consarn it /: thinks
|, this Congress has ony got one year more
to sarve. This fall there is to be new
election, and the Gineral's folks amt all
creation by tarnal sight; and KNOWN
as do, that this war against the Bank is
party war, and folks ony tryin to knock
1t down just to git other banks in the
place ont, seem'd plagy hard that so ma.
ny people should suffer Jus. for party no.
tiOns; and set down agin, and Civ the
Squire another letter, and tell'd him
did rally believe, if the Bank of the United
States, instead of windin up, as the Gin
raj tell'd 'em 10 do, would let of, and go
along relievin the people as far as was in
its power, takin care at the same time, Of
Its stockholders for they had rights too,
and it was their money! did rally be-
ieve the good sense of The people would
back the Bank; and when the time cum
10 consider on a new charter, the people
would look at it straight in the face, and
not with party squirt, and its justice.
ihe Squlre's answer TO this was just
what expected. He said, that the in
terest Of every Director and Stakeholder
OF The Bank was SO blended and mixed
\ up with the interests of the country, that
1t was one and the same Thing, that no
bank could prosper unless the people
prospered, and that if the Bank thought
the Gneral and his folks would not make
a clatter and TODD about it, it would go
right to work and lend money as the con-
dlllon ofthe country requires, that ii could
not do as much as it formerly could, on
} account Of the removal Of the peoples
money from it, and on account of some OF
The pet banks and party folks all the while
picken at it; for it was just like war
times, when you must keep force at ev-
cry nlacp 10 nnard amin attncL Ru4 ;f