Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1837-08-19

II "A NAItoNAL DANh, iS uSeo ny SoMe VI lit
wings with great zeal, as if that were the SO.
vereign remedy for the bank disease, that is
now affecting this country. A greater curse
could not be brought upon us, scarcely except.
ing league of faithless, monopolizing incom.
petent state institutions. For the government
of this country to be partner, or to be in any
way connected with banks is the extreme Of
imprudence and folly. Some, while zealously
condemning a National Bank, are very tender
of the State institutions, and would, apparent
", unite the government with them, or some
portion Of them. When all are wrong, why
should the government NEEDLE with either!
All banks are evils, and a combination of these
evils. cemented by treasury band, is scarce
y less Objectionable than one great central evil.
That a National Bank is unconstitutional,
all intelligent and rejecting men admit. Will
not the same intelligence and reflection come
to the conclusion, that State Banks are uncon-
stitutional! The constitution prohibits the
States from emitting bills Of credit, but the
States grant interpretations that do emit them.
In many instances the States are large stock
holders, and thus indirectly do, what is ex-
pressly forbiGded. Virginia and some other Of
the States, can scarcely justify their conduct
this particular And the most unwarranta-
BILE and unjusti6able Relief and Stay laws are
passed to shield the banks insuspending specie
payment, and violating their engagements, be-
cause the States being stockholders, are i'm
plicat.d in swindling the people.
Mr.. Van Buren, nor Mr.. Webster will say
that they think State Banks constitutional.
Why then should the Government be in any
way connected with them! 1t is said that be-
cause this power has been SO long exercised
by the States, that it will be impossible to get
back on to constitutional ground.
So thought Nicholas Biddle and others in
relation to National Bank; but they were
mistaken. If Government has corrected itself
in one respect, let it avoid another and as great
wrong. Lett not employ, or be in any way
connected with unconstitutional State Banks.
Let US see that those who would rigidly en-
Bank, be equally honest---equally rigid in re-
those who condemn the former should become
the apologists of the latter.
For ourselves, we are no believers in incor-
porated banks, State or National. We are
opposed to the whole system, and opposed to
those who favor either.---[ Huryord Times.
ROCHESTER, W.. t.
The TOWN OF ROCHESTER, is situa-
ted at the lower end of the Great Bend
Of the River Des Moines, in Van Blu
rem County-eleven miles from the
eastern line. and about ten and half
or eleven from the western line of the
county, and about ten from the boun-
Diary line of the State of Missouri. The
couny of Van Buren, is advantageously
situated on the Des Moines river for
commercial business, and is possessed
with most rich and luxuriant SOIL
1t is rapidly filling with an industrious
contemplating population. tits thought
by many that the Great Bend, SO called,
Of the Des Moines, furnishes the means
Tor acquiring an immense hydraulic
power-it being sixteen miles round,
and onl y two miles across, with fall
in the distance of about thirty-five feet.
Rochester contains at present about
sixteen dwelling houses, eight families,
two physicians, one store, one apothe-
cary store, and is improving very ra-
pidly.-[Western Aadventurer.
The Legislature of Missississippi
has prohibited duelling, and the parties
implicated in any instance, are declared
to be ineligible to Office. The act also
imposes a fine of not less than three
dollars, and not more than one
thousand, and an Imprisonment of not
less than six months; and in case of the
death of one Of the parties, the survi-
vor is to be held chargeable with the
payment of the debts of his antago-
MIST The estate eff the party who falls
in the combat is to be exhonerated
from such debts, until the surviving
party be first prosecuted to insolvency.
The seconds are made subject to inca
pacity to hold Office, fine and imprison-
ment.
NATH. MACON AND THE U. S. BANK.
In biographical notice of the late
Hon. Nathaniel Macon, we find the
following in relation to the U. States
Bank. &
"To National Bank his opposition
was most inveterate, not only through
his conviction of its unconstitutionali-
ty, but Of its power to control the gov
eminent, and to Cypress the people.
In 1884, during the famous panic de-
bate, in the Senate, the writer Of this
notice received a letter from Mr.. Ma
con, which, though altogether on pri-
vate business, contained one line of
postscript in these words: ssThere'is no
breach of faith in the removal of the