The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-03-24
From tic ~. Y. Epentag Post.

In public point Of view, it seems TO me that
in very bad way We have made war against tie
Bank ofhe United States, and put it down DANCE
monopoly. We have DECEASED ourselves hostile to
all monopolies. We have done what we could Every
properly hink) to bring the people in the way Of just
reasoning upon the subject We have been instrument
tai in bringing upon the country Its present commercial
evils, in the same way that an honest physician gives
very harsh medicine the to restore the patient
We declare ourselves be the friends Of free and
larged principles of action in all public and
still to this moment have never taken bold honest
concerted party stand in favor of free banking In my
poor opinion, this will be fatal. 1t is fatal,
VIII even say more--t ought to be fatal, There Is no
consistency in measures, and the people see it. In
some, this is mere imbeclty in others, tlmdity IN
others something far worse-a disgraceul selfshncss
We must denounce ii. There is no halfway measure
We must have a Bank OF the United States or free
banking. Here is Mr.. Bidde riding over the country
We will not have Nationu! Bank, We cannot have
the old system o! State Banks in the same form. The
confidence in them is gone foreverand we will not
permit our citizens to put their property together for the
purpose Of making head against Mr. Biddle as well
they cam when they think they do It efectually This
is stupidity and madness beyond what thought was
possible. 1t is fatal The wings bring forward the
measure and shall therefore oppose it, good bad
The Wings say that the exchanges Of the country
cannot be carried on without Bank of the United
States, and they have made prodgions impression
upon the country on that polnt--we do all we can by
restraining competition, and limiting the business 10
few usury shops Ike of the present banks to
make the wing argument unanswcrabc. The Wings say
they the only people that were for free banking
for liberal principles the only enemies to monopohes-
and we swear the truth OF it, and prove it,
Ny dear sir, this state Of things is truly Notifying
and disgusting-aud have very few individuals IN
the Assembly who think, by their folly aud narrow.
mindedness, able to break down any party If we
cant get good bl let have the next bcstlet Us at
least stand erect and blow hot and cold. Nothing
now is wanting but such bill. and return TO specie
payments to make the present state of things "a nine
DAYS wonder" II would be resurrection from the
dead AS to specie payments those are inevitable
Veplancks bill is by far the best Any limitation OF
capital compelling the partnership principle strictly,
will make the law failure to certain extent but as
said before any thing is better than nothing have no
pcrsonal interest IN the measure that Recommendation
the contrary, in and dishonest way Of looking
at the subject, my interests directly hostile to free
banking One seventh part Of my little property IS IN
the present banks. But have no fear like that which
is created by present Of proceeding. Beng
dishonest and Inconsistent do fear it viii bring them
all TO the ground, Detestng much IS do the idea
Of another national bank, l. for one am IN favor OIL 1t
unless have free banking. There is no al
Tentative but Clay or free banking The party must
! choose.