Southern telegraph., 1837-10-24
TO TIE PEOPLE OF TIE STA TIE
OF MISSISSIPPI.

! loPloocHI Won III INC congress oil The United
States With some sacrifice of personal
Interests, qnl more to crafty the wishes of
irlenls, who believe my humble, but honest
elor's may promote the success of our po-
lItIcal principles, thln from any aspirations
Of my own, have consented 10 place nv
name before YOU.
The attitude | hive assumed, demands Of
me a frank avowa Of my political senti-
ments, on tbs subjects which now agitate
the country, and shall enleav,r TO give it
in as concise a manner as possible.
In the present state of pccunary distress,
the min f all are directed to some mode
of relief; aud, in my opinion. the establish
ment of a NATIONAL BANK, is the best
means TO ensure it.
Some Of my political friends differ from
me as 10 the cpnsitutonaily of a National
Bank. They honestly entertain the opinion
that Congress does not possess the power
under the Constitution, to create such an
Institution. For such opinions, have great
respect. | once entertained Il scruple on
that subject myself: ana to remove tho
doubts of all, | would gladly see the consii-
tuition so amended us To gave that power, in
clear and express terms. BIT, ifthc acqui-
escence the People, AT different periods
of the Government; If the opinions of abie
exponnders of the Constitution, are to have
any weight with us, it seems clear to my
mind, that the question is settled in favor Of
the co1stutnnaliy Of a National Bank.
am fully satisfied Gifts constitn;ionality-of
its usefulness, cxpedency, and necessity,
never had a doubt; and il elected will un-
! hesltallngly vote tor the creation of a Ma
TIoNAL BANK. II should differ in some re-
SpoctS from the old Uni'e ed States Bank. 1t
should MT holl real estate; nor should for
eignors be clplhic, directly or indirectly to
hoil sork in it.
5 ch an Institution, believe, would AZ
fora sound and uniform currency to The
wholr nation; restore confidence in monied
trnnsactI)ns; give pelmancncy to the price
Of property and labor; and prevent dsas-
irous fluctuations in the aft irs Of the people,
aud of the Governmbn'. | am of opinion
that State Bdnks cannot effect these Objects.
pelievc that State Banks, well rec lIatcd,
answer valuable Local purposes; bat that they
are lnclp1bIo of affprding a uniErm curren-
cy, does not, in my mini, admit n doubt.
AMI, even those who one held them up to
the People of the United States, ms the prop
er instruments for the collection, disHursc-
mcn'. and safe-keepinI of the revenue Of
the Government, now abandon ihcm. The
Sab treasury syste II j., in nv opinion, on
ly one more link in thlt chlinof ruinuos tex.
perimentS" which hive plunged the country
| hto unparalleled distress. An exclusive
metallic currency Oh .ht MT, cannot, be in
tro inccd into Il cpnmarc;ll and cntcrprising
comm unity. Commerce cannot be carried
On with II currency 80 unwieIdv. Tho scar
city, ltnot the ponIc -oIs quality of gold and'A
silver, precludes the idea ofsuch currency.
II was expected that some measures fIr
the rel'ct OF the country would be RECON-
mended to Con ,ress hy he Executive HIS
friends assured MS that something would he
done. But, indeed. We are unleeingIy told
by the Executive, that our distress has been
brot upon us ly our own imprudcnce; that
the G1Vernment cin give no relief; nor can
Ihe President Suggest to Congress any spe-
rIal plan for regulating the exchanges ofan-
nestle CON nercc:" because "snch meas
lreS are not within the constitutional pro-
vince OF The Government" We arc then
I" expect 'ihlnT from thlt source. We are
on nat The Gnvetnncnt must take care of
tScV' aud the people mast take care Of
'i'mSeirFS. Aud, instead Of fallnr back
A'o The beaten track, and adopting some :.
measure, proven by experience 10 he saf,.
ne nn'ned scheme Of the SaJ-Yrc1suries,
$ recommended
The ilYcrnnen', too, is II roreiyo its dIcz
n the leg al currency, while the noonlo m,st
OK toiho deprecirtcd Currency of Sia'e
3 n i,,,, Il II
pay ,hier de3ts, aud carry on their bust
less. must say, that such measures rec
commended Mt such time are any tbinr
VT acceptable. have never been an adj,
nirer or supporter otthc present Executiys:
nj IRON The course nDY pu-s lud have no
opc ever toho.
Va o'her p'lIticNI s1'jacts there is but liz
e diiierenc OF opinion amDnI southern pol
leans believe the power 10 levy and
'llect taxes, nposts and duties, was given
congress Tor the purpose of raising a rev.
que commensurate only TO the actual wants
Government, and that a PROTECTIVE tariff is
deny the right oil Cen
raj Government to. prosecute works of
fcrnaI improvement within the States.
$50 deny the right Of Congress to interfere
lth the subject of slavery, either in the
district OF Columbia, or within the States.
view the subject as much settled as the
constitution itself, and one, indeed, which
lght not to be discussed.
Although one of the earliest emigrants tn
&c Chckasaw Cession, am known 10 few
'yend the limits of that country. The
'rthern portion of our State has settled
TN great raPldity, and sufficient time has
It elapsed for the people of that country To-
come acquainted even with one another
UGH less with their brethren of the south.
:, 'or some time to come, many will be =
He'd upon to give their surfaces TO those