Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-05-12
From The Extra Goble.
,fa eryostion ofths course ard Pleiples cftLe ~
mri,Fafioa in relation % the cesioay oftke pub
H. wrHets.
TO THE PEOPLE OF THE u. STATES.
(CoNcLungp.)
49,, -, ,.,,~ c,vas.-.,-..
oRJrcrs OF rHe oFFoaTioy.

/ TO THE PEOPLE OF THE u. STATES.
(CoNcrUpEp)
oRJFcrs OF rHE oPFoaTIay.
Both the Independent Treasury and special de-
poSites are condemned by the entire Federal
party; hut not more sroagly than bv certain in-
dividusls who clam TO belong 20 the Republic
can party. rhe true object Is disclosed with
sufficient clearuess IN some Of The resolutions a.
/ dopied At a recent assemhlsgo ct some Of these
individuals in New York. OF Tie Independent
Treasury and special deposc, they say !. boib
/ contemplate ibe same cdiou> puucIple of hoad-
! ing the precious metals and shuitUg them on,
/ from circulation among the community to whom
! they usmiu,ly belong Sc. The incoming o. this
cannot be misunderstood. The Government
must not keep u, oWu money on haad alilo,ah Il
/ has aa use for 1t. The Cunsunaau SAYS, "no
money shall be drawn from the Treasury but IN
pursuance Of appropriations made by law
! tue>c gentlemen say, aha, To Keep the public
moneya the Treasury Is boarding the precious
metals, and out It must come, appropriation OF 40
appropriation Out mast come, because IT. "he-
longs" 90 the community Ono would suppose
TINT It's belonging to the community would be
conclusive reason why Il should NOT come out un-
u wanted for public purposes. 1t IS for no such
purpose, that these men insist that ltshall come
out, nor is It for the benefit Of any other commu
ulty than lhai Of banks aud borrowers. Taasla.
ted .s'o PLAIN English this declaration means that
the Government should lend ou lhe public mo.
ncy Cor private uses, aud least It should be too
shameless an operation to de- It directly, they IL.
sisi that Il shall be put into banks Cor that purpose
II would be a cumc for the Secretary Of the
Treasury or the treasurer to lend out the public
money bat the banks may loan the same mo-
ney without lmpropniely or censure Public Off
cen. cannot draw II from the Treasury without an
appropriation, but The banks may give it out 10
whom they plefscll
On this point The whole controversy turns.
The struggle Of the peculiar advocates Of the
hunks IT, to GET THE PUBLIC MONEY
FOR PRIVATE USES! This, and nothing
else when stripped OF all DISCUSSES IS what they
want The banks want 1t 10 lend out, and Their
liHends want t6borrow IL This IS the substance
Of the whole controversy. An other considem.
tops, constantly introduced, and 50 zcaously
urged, are mere make-weighls. to AID n arriving
at the1na,n object The banks are not content
to lend their own capital two or three times over
but heY want the pubic money 10 lend also. The
spectators arc not content to borrow all the cap
la Of the banks all their private deposiies, ami
all their credit, bu they ani nlI the money NJ
the United States Treasury also! To deny II to
lhem, they call ngtaranism tyranny, oppression,
usnrpaton, constellation; an attack on the State
institutions: hostility 10 banks experimenting
upon the currency; the destruction OF the credit
system; barbuls,n, loco iocoisn, ab0mnable m
loIerablc, and dabolica i! just give them the
use ~ tie phbiic uoueJs una an is Sunshine, Gee
dom, prosperity, and happncssl | beg every
dsP0ssionate man to consider, whether this is
not the only principle for which CERTAIN Consery-
atiyo Democrats IN New York aud elsewhere up
pear TO be coulendHg
With the Federal party il s otherwise.
Amidst their shouts of triumph after The late New
York elections, some Of them had the honesty and
the holdness 10 denuunce orr institutions aud adj
vocac hereditary Chief Magistrate and rec
s,Yictcd suffrage. To wrosi the controlling power
rom the people by direct means, IL impossible;
bul it may be pos ible by cucumyoniion. We
see that the power which controls the currency
sits enlbronod il Philadelphia and New York;
GIVE the banks The public money, and that pow
cf has hold Of the snews Of the Government,
aud can control the destres Of the country III
they be given 10 national bank then some Mich
ola. BIddIe becomes, like Caesar, emperor or
sole monarch Of lbo mnd with the pageant of
Republic At hi, heels, il 10 the State hunks, the
supreme DOMINION i, IN the thcn leading men ~
those institutions in Philadelphia aud Now York.
The objects Of The ancient Fodctallsls vii then
have been accomplished in dews.ug plan 10
take the control Of the Governments out Of the |
hands Of the people, and place it IN the hand. Of
a few rich mon, bankers and brokers. 4 FEEDER |
al monarchy, IN the shape Of a National Bank, a
conservative olignrchy IN the shape ol State banks !
and both dependent on foreign power OF rep |
Republic, N the shape Of AZ hide |
pendent Treasury, controlled by public officers re-
spouslbc to the people are The alternatives which |
are now presented for adoption. On tic choice
naw TO be made may depend the character Of, our
Government If not It's existence, the progress Of
liberal principles, and freedom itself.
GEsERAL REMARKS
There never was an Administration, the mem.
bers Of which devoted themselves more lldusti- |
ously ard honestly to the discharge vi theIr public |
duties, and yet none has ever been more violent.
iy Or necessarily assallcd.
Usurpaiion! violation Of law disregard Of the
Constitution have been rung through The land. |
By nhoml ny men who are appaudiug and \
supporting banks, lOr openly aod notorousiy set
ting the Constitution and laws al defiance, and a
buslng the members Of the Administration for
sterny,relusing to become their ccadpnors!
Corruption! corruption! has been continual +
cry. Whence does it arsel From presses and !
men who have received their thousands and tens |
Of thousands from the Bank Of the Y, States
and other banks, to secure their personal service
and legislative assistance. If corruption could |
have reached Gen. jackson, do YOU think we /
should ever have heard of the setoi II the
friends who stood by him in the removal Of the
4 - L., l.