Southern telegraph. (Rodney, Miss.) 1834-1838, 1837-09-05

would give the President the control of the |
currency of the clun'rv, and cnlhle INN by
the breath of his nnsrlls, 10 raise or dcpress
the value of property and labor, al any mo
ment in any part ofthe Un''n.
am too much of a democrat, IN the
good old meaning of the term, tn be willing
To see such power placed in the hands ol
any Presiden'. w,m.d esteem the estah-
lishment of standing army of hundred
thousand soldiers, less dangerous to the lib
critics ofthe country, than a Treasury Bank
under the Executive.
believe, if a National Bunk is not es-
tahIished, Treasury Bank will be; and
hive NJ doubt that the true and only issue
upon this SUI iect which en- be fairly pre-
scn'ed TO the people of Mississippi, is not
Bunk or no Bank, but National Bank or
Treasury b ink-the Peoples Bank, or the
President b INK. Tothis complexion must
the question como at lust.
lnever heard an objection to the old U.
States b INK which cannot he easily Obvlat-
cd in chlrtering new one, except the con
stitutionll objection. know that as hon
est ppiitici ms as any in the country have
denied the constitutional power Of Congress
on this SUBJECT. have myself, however,
always entertained different opinion, and
believe Congress has, under the present
Constitution power to charter a Bank.
LIST. Because believe Bunk absolutely
necessary for the uniform collection aud
disbursement Of the public revenues.
ID. Congress has express power by the
Constitution TO regulate commerce among
the States; and believe National Bunk
absolutely necessary for the purpose ofsuc-
cessful commerce and trade among the
States.
All politicians admit that if National
Bank Is necessary to carry into effect an
express constitutional power, it is constitu-
iional to establish one. do not believe
that the word necessary" as used in the
Constitution in relation to incidental powers,
was intended to preclude choice ofterms,
and to import absolute necessiy-though,
even if such construction is the true ore,
| believe a National b INK absolutely neceS-
sdry, and | think the experience of the
country has been sufficient toprove it to the
satisfaction of the most sceptcal.
would, however, out OF respect for those
who differ with me on this point, be glad to
see the Constitution so amended as to leave
no doubt upon this subject.
hive thus, fellow -citlZens, frankly given
you my views on the Bank question:
question upon which my opponents, Messrs.
Claiborne and Gholson, entertain, am in
formed, opinions Numerically opposed to
my own. Indeed, | should never have
placed my humble pretenti,ns in opposition
to theirs, had it not been for the opinion
which they avow in relation to this all impor-
tnnt subject. They are both gentlemen
whose personal qualifications to represent
the people of Mississippi, no one can do rb.
There is no personal rivalry in this can
Vass--it is as it should be, a question of prin-
;iple.
In relation to other political qlestions, |
10 not deem 1t necessary at present to 90
MO detail. A large portion of my fellow
citizens know something of my political
character, nnl as shall visit most of the
counties before November, shall have
'etter opportunity than the limits Of this
ADDRESS will afford, Of explaining my views
m other matters. | will, however, state
me or two points of my political creed.
believe Tariff beyond what is neces-
aFy for raising revenue, to be unconstitu-
ional
On the subject of slavery, as it exists in
he South, believe il to be an institution
anctioned by the laws both of God and
nan. believe it to be one of the best in
titution' ofthe country, equally beneficial
, the mlstsr and slave. deny any power
n Congress to abolish slavery in the Dis
-ict of Columbia, or to agitate the subject
I tall land had | been member of CJn-
ress at the time, would not have voted
'r Pinckney's resolution, because con-
Give it conceded too much.
have been for ten years citizen of the
tate Of Mississippi, and feel as much
entifed with her interests and welfare as
ny member of the community.
Should be elected one of yonr repre-
| will serve YOU independently
I'd honestly.
Your obedient servant,
S. S. PRENTISS.