Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-08-15
'Alluding to the n. York election.
From fhs Peoples I'ress.
"TlIE BANK pARTY.r


THE BANK PARTY"
The bank party of this state are aboring with
desperation to secure an sscendcncy IN the coming
legislature and as the best means TO accomplish
this object, they keep up torrent of invectl,c
against the past and present administrations, aud
using every art to arouse aud keep IN operation
the old prejndioes Of the people ogainst certain
men to whom mejorl,y of the frcemen of The
state Lave been opposed. They are evidently
lighting for power aud IT seems To matter little
with them ahat string they strike provided ii will
operate ssalnst the administration. They make
charges aud eeplng denuncalions against their
opponents, as the supporters Of tyranny and ans
tocracy. but are careful not to specify wherein the
principles they profess are objectionable"
We cut the above from the Free Press, aud
ask our readers to give 1t an attentive coDsidea
ton. II is mace up of mixture of mlsrcprescn.
tatlon and iesuitry, worthy Of the cause which that
press is aborIng to sustain. We will besow up.
on It's leading points brief notice.
"rhe bank party" This is Of piece with the
slang of Bank Barons aud Wing Lordngs,"
which occasionally graces The columns of the
Free Press. 1t is by such miserable cant that the
editor Vi that paper expects to operate the
people, and wheedle them into the support of the
coalition which he has labored to get up.
Dhnk puHy. sop mig cries 'He Hihh WHO
has just stolen his neighbours goods Bank party.
exclaims the editor OF the Free Press, who has
been laboring for two years TO sustain admits
iration which has made 1t grand point Of MS pol
icy To build up u state bank system that could be
welded to enlarge It's influence end power. Gen.
! Jackson seized the public moDies--broke down
| the bank of the United States which bad proDtd
/ itse. an efficient regulator OF tho currcncy-put
/ The national treasure into stale banks-told them
/ To extend their issucs--lnsisted that they would
/ give the country good curreucy-and encouraged
/ the multiplication OF Their number. aud the en-
1 lorgement OF their operations. Where the
editor of the Free Press while all this was going
on Sitting quietly IN his great arm chair, calm
as summer morning. No fears Of executive
power or of bank potccr or OF any power ssre
that Of the hated Wings who had deprecated the
destruction If the great Regulator Of the curren-
/ cy, aud who were iathaly Warning the county
of the consequences OF the executive experiment
Ia the midst of this operation. Mr. Van Buren,
was nominated TOR The Presidency and Ia MAKE
sure Of the support OF Gen Jackson, endured hs
whole system Of policy, and promised TO walk in
I his foutsteps Aud where was the editor Of tic
Free Press, who now Giants sbout "aank parry y
Up To HE ears ~ Van BurenlsGi, STATE bonk system.
and all. Aud where is lac now Supporting
with all his might, ihe party whose policy Il has
been to encourage the multiplication al state
banks and the rapid ana reckless enlargement Of
their operations
If there is any party Which may properly be de
nominated Tie 'Bank party u u tins very parry,
10 whose support the editor Of the Fee p,ess has
been for two years, aud now ls necessarily labor
lrg. 1his 10 The party which has 0bDSi ihe
Banking : s'em aud hrousi h0t oiase hoo bropgbt
The present di-iress upon Toe cOuAfB While ihc
party which the editor calls the Bunk putty, Lac
constantly warned then, Of the eonseq lences "i
their mad expo rmenl, and sought 10 maintain b
soucd aud healthy currency. Where should "e
nnn have been # Wing councils had pIesaueu :!
WuE a good, safe, United Sisics Bank, well
guarded AID rcgulsled hy Wholesome legislative
mountaineering and prompt, disbp's.DE.
the public fseilnaiius exchange beinten
ds'aa, sections Of Tie country holding tic stale
balks 10 ,neca-g giving health aud Wg"t 90 lhe
ricdi system, and n,alnlainne b SOUND currency
a. tLss o. any other county ever hsd.
Such has once The stale at linngs suG surb
would "a now lsge been bui fcr the experiment
sAi,h lAe nhigs rirose 20 pfeSeul. snd tae cot-e-
ouencos Of which they sse lsbrfed To- sseu.-
AID yet The editor Of the Fec Press, seizcs ol on
Tie occasion of the distress which thai experiment
Las pfoducod to blow ~ gu excitement tgs'nrl
.Ae ahn.e banking system. end 20 direct that e1-
cieineut against she very parry winch .sJoreG in
-prevenl the mischief and which would hsse pre-
yeaied Il. bot Tor The party which The Pre- P'ess
editor l. nov supporting. Nss there essf greater
.nla.iiee than the s.iempl 10 turn the current Of
public iudieaaiinn from the rsai asfLors Of tie
n,seh.ef on TO tie besds of thuse who have isitL
toll, laboied 10 o'~tef' II Tie editor u The