Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1837-09-23

leated his election. Mai. Edwards, the Bank can
lidatc Tot Governor, ormerly considered the most
prominent administration nlan in the State IS carry
Ing every thing before him. Send inc your tri-week-
IN paper, and, on the receipt OF the first NUMBER
win lbrward you S. Tennessee note.
Yours respectfully.
The following communication ia from the pen OF
genllcman of nigh standing and distinguished la
Tents. We hope that it is but the commencement
of favors Of sirilar kind from the same source.
Our columns shall always be open to "a Cti-en.'
To The Ed,tor, Of the Democrat.
Tie pib!.r curiosity TO see the message Of OIL
new President, which had for some days been high
" excited, was gradfed on yesterday through the
medium of the Democrat And noble document
is full OF sound principles, and the most salutary
doctrines npon the present stateofour currency and
| the several interesting topics connected with It.
must say for myself and do 50 in the utmos, can.
! dor and sincerity without being sensible OF the
slightest nnitiral hias that road tluc c.f,,o,tn,
| ton from Mr. Van Buren,, with a pleasure and sat-
saction which Involuntary increased as drew TO-
wards its close 1t commences with clear and
orcibe development OF the causes which have com
bined 10 produce the existing pecuniary dstrcsses
| of the people Of the United States, and IN doing
this, itcannot, il seems to me be denied that lie has
drawn picture from the stable materials Of truth
and sobernesq, "Over action in all the departments
Of business" stimulated to its destructive couse-
qucnces by excessive issues Of bank paper" coasti
tuies in his opnlun the radical source OF our present
afflicted condition lie who is bold enough to deny
the truth OF this position of the message, may con-
ssttntly dispute the conclusions drawn from it in the
subsequent portions Of the paper but he who can
do SO, is not likely to find many who will envy him
his credit for political sagacity and dscernmcnt-.
This truth is beginning TO be seen and acknowl-
edged every where. 70 create National Bank
for the purpose Of renedying The evils under wlic
we labor wond be at once 10 invoke the operation
again of the very cause which produced in part onI
dstresses, and not only 50, but would exhibit tota
disregard OF the salutary lessons of fatal expert
. ence. But the government of the United State.
9 has no power 10 create National Banh and if
had, ii would be highly dangerous TO the liberties o
= the people to exercise such power and this moi on
{ for the reasons already urgtl, bat for the NOR
= powerful one, that such an inStitation must ne
G csssarly comb,ae an amount Of power and iniluenc
: which viii render it capable some day to set on
/ Congress at defiance and laugh at her laws. b.
d if Congress were to set down and create tac2t
u NATIONAL banking corporations, they would all be IN
:, able 10 bring the people out OF debt. II is tru,
S, they might effect transfer by means Of their oar
Is Of the debts now owing 10 individuals or to Stat
Banks to themselves, but presume, that after tn
r should be effected, it will not be insisted that Ii
+ amount Of the debt any less than it was before
n No, sir, the distressed debtor viii only by this op,
"A ration have changed masters aud God preserve
'e from such masters. Bat there nevcrwas propos
" ZION advanced by any statesman, which commant
in my opinion mort universal assent than that urgt
by MIR, Van Barren IN this message, and that is Il
f folly OF the citizens OF the government in looking
a, that as source of relief in cases of pecunary di
al uesseS. The proneness Of the American people
rs do this is cnphatcay true, and this should not
IL so. II is entirely vain, for the government has
he power to relieve them. The attempt 10 do so |
IL Congress would not only involve in it the unauho
~ sed power ito interfere with private pursuits al
ito use the property oisomc for the benefit Of other
but would be in fact pervcrsidn of the eeitima
:, purposes of the government which are to use Il
it, strong and classic language of the message itsc
n by system orgenera laws, "to leave every citiz,
and every interest to reap under its benign mr.
lection, the rewards Of virtue, industry and pr
". dence." Who, air that pretends to love his cou
liz try or to properly respect the rights of man do
rit not respond in the language ola hearty assent
on tins scnmcnt' 1t Is she language of PATRIOTS
~ and despite, the cavs OF interested party spleen.
"a will stand the test oftme No sir, let not the pc
d pie of this country deceive themselves by lookir
'e TO banks, either State or National for relief Thu
~ may indeed stay the coming blow for short seaso