The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-10-03

From The WdfeTf0Un Eagle and Sfdnddrd.
The Utica Democrat Of the 29th, throws of all dis
guise and boldly ncucaes the doctrine that the possess
sion of property is attended with civil disabilities and
should operate bar to the right Of citizenship At
all events assumes the position that those possess
sion OF SPECIES of propertylands for instance-ought
not to hold any office, have any voice the selection
of our public servants. This is genuine loco focosm
Diyes these lights of their peculiar slang, bring
their principles the touchsone Of truth and they win
be found icrccrswanting the power only, to overtu
our civil and religious institutions and distribute the
spos of industry and enterprise among their greedy
pectants.
The immediate cause Of the Democrats breaking
cover, the late republican convention at Hampton
1t has paraded the Of certain delegates with the
amount or number of bank shares owned by each thus
aboring to throw odum upon the delegates personally
and to attach by implication, civil disabilities to the
owners Of bank stock. 1--WE hold these truths TO be
self evident" that all property lawfully acquired, is
equally entitled to the protection OF government, and
that in principle there is no difference, whether con-
sists in land, specie or bank stock.
By what authority do Of real estate hold pos
session of their property, if not by law and in this
spect what is the difference between Deed for land
Scrip for bank stock Bank stock is created by the
solemn Of the legislature, and the possessor pro-
tccted by law in his nghts-as much so as if he had
purchased lands directly from the state and in princi-
Pile the welfare against the right Of individuals in In
corporated banks is unjust would be warfare up
on our farmers for possessing farms The faith Of the
state pledged TO protect all kinds OF property equally,
and no property can be taken from individuals for any
purposes without the sanction of law. The loco focos
make ples public necessity they attack banks be-
cause their transactions confined money matters,
and because much easier to excite prejudice against
those termed moneyed men, than against the culsators
OF the soil But concedc to them that banks are mo-
nopoles because owned by few, and they will next
claim houses and lands because these are too extended
and those too large for individual possession In fact
the warfare waged by the loco ocos is war upon all
who constitute civilized society. The principles they
advocate and the doctrines they inculcate, alike
DANGEROUS TO civil and religious liberty and should be
met accordingly.
What are the legitimate results Of loco foco doc
,r;nesf Let the flour mob at New York answer the
question Was the price Of bread stuffs reduced in
conseouence OF wanton destruction Of some hundreds
Of barrels accumulated in a certain store house! We're
the suferngs Of the INDECENT in any respect diminished
in consequence Of practical demonstration OF loco To-
coism Let common sense answer the question. we
cannot forbea however to press upon our readers an
examination Of the principles Of these new hghtsthese
would be reformers Let every man who prizes Atneri-
can liberty and American institutions, raise bus voice
against every attempt jeopardize either Let It be
horne in mind that those who against property, are
nrcnared to war against the civil power Of the State
which guarantees its possession OF course such are
reyoutionists enemies alike to the people, the go
vernmcnt, and the principles Of civil aud religious
liberty.