Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1837-09-26


hence. l have no space to go
alIs on this subject, but it APP
me that the plan liable to few
pctions, would be to divide the
oually between E states, the
and the General Ilvernment,
the mother Bar lnc the city |
hington, and a brf mi in each |
the Union that m rom 9slre it:
santages resulting Curt would
restoration Of the lion ncy to a
value; a restoT lion of public
nee; the resuT ence OF specie
hts; the comm nent of a
system of discoI 3D. on the part
banks; an immediate rise in
and in the value of property
Nv, and an improvement in eve
artment of trade.
lout this, the Banks cannot re-
specie payments, for years to
Without a sacrifice Of their deb
The people need money, but the
refuse to lend, because they
get in their notes to enable
B pay specie. When they COM
this they must have a dollar in
for every dollar in paper,-as
Ill again be run upon, and again
to suspend. But let a National
be established where notes shall
uniform value throughout the
and let the state banks make
ements with it to receive their
Dn deposit. This will make them
in the State in which they are
and there will be no motive to
peclc from them, as holders can
&c them for notes of the Nation
/ at par. Public confidence in
lks will then be restored, specie
nts resumed, and a liberal sys-
accommodation to meet the
g wants of the community, i'm
eIv commenced. Ifthese things
and | think they are, the patriot
intelligent of the land, lrrespec-
party distinctions, arc called up
lhe most powerful considerations,
lan be addressed to reasonable
b come forward freely, without
Jon. and by their votes and by
Eounsel, and by their control OF
opinion, to aid in the establish
pf National Bank, which, pro-
organized, will be the great sa.
Bank of this Republic rcgula.
Exchanges; receiving and disbur
he public revenue, without ex
or loss; exercising a wholesome
ry influence over the state
and furnishing a currency
lent to specie, not only in every
N the United States, but else
exclusive metallic currency" is
bandOned by the patriotic of al
as an imPracticaDle and Wis
thing, totally unsuited to the
and circumstances of the age
W. upheld by the loco focO fac
Iy, who still cling to it, as the
plausible of the disorganizins
Of principles, by which they
o acquire power F.; but l an
mistaken if the people of this
re not too intelligent to be made
cs of their impostures.
space allotted to this subject
unit Of its vast importance, pre-
le from remarking at any length
hers; but hope to see most o
low-citlzens la person, before
Ctlon, when a free Interchange
ion cali be INDUCED.
ovel and interesting question i
,cuPying the public attention;
to the annexation Of the Reput
'eXas to the United S tates. TIL
ndence of that country has bee
shed in great degree by tn
Rnd treasure of the people of tn
States, and those who inhabi
p a common ancestry with us
common with US, cherish an ar
eVotlon to the principles of liber
regard its admission into tn,
as al vital principle with tn
1t Is absolutely necessary, il
70 give us our proper influenc
natlonal councils, and secure tn
ent and perpetuatiOn Of our dc
institutions against the rude a!
lt Of that unhaIIOwed band ,
and ruffians, who, in the excl
a false philanthropy, dare
our constitutional rights, at til
OF scattering the Union int
pts. The friends of libert
e government throughout tn
have an interest in this que.
he preservation of all our gle
berries depends, perhaps, upo
SservatiOn of the Union; an
settled determination in tn
10 maintain its domestic institu
every sacrifice, no matter HOY
Ious and appalling. The &C
Of Texas into the Union woul
give us an imposing attitude O
Dlect, which, considering that tn
Dnlsts are continually gainir
D. we do now, by no means, q
a ia favor of employing the III
iund, without delay, in the ere
a organization of a State uI
on a liberal scale; that, by e
our own children at home y