The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-12-28
" EEkLY ALMANAC.
PREsIDEyr's Mess


Il all not, am sure. H. deemed out OF
be- iof me- here to remsrk. that the declo.
bon Of my views ~ opposition 10 the poll.
ii employing hanks MS deposi,ories Of the
asrnmeoi funds, cannot Justly be con
bid as indicative ei hostility, official or
rsnusl 10 those institutions; or 10 repeat,
! tits form, aud IN couneNl0n with this
get, opinions which ! have unlturml,
siialnej, and nn all proper occasions eS
I'D. Though always opposed 10 ,holr
.l.an ~ the form Of exclusive privileges,
As u State magistrate aiming d, sp
eua,e legislation 90 secure tine commu.
asalus, the Consequences of lhtlr &C
sal mismaoage have yet ever
aed To see them projected IA the exer
a rights conferred b, Law, and ta,e
h doubted their utility when properly
a.rd, "a promoting the interests OF
J. and, Through that channel, the other
~s's OF the community. To the Gen
Government thes present themselves
s.s as Sale institutions, having 30 ns
|aiy eonnesion silh IT'S legislation OF rs
atsirailon. Like othcf Stale esiab.
a+ois, they may ba used or not 10
iscllag the afuts of the government,
.4lllc policy aud the general interests
The Union m1y seem To r"q'nre. The
SHE OF proper principle upuu whlch
d ln;ercourse with tic Government can
rguht,d. Is that which regulates their
runfse with tho private ctlizrn--the
FIRING il mutual benrii,s.
ssa the Go,efameol can accomplish
zeal OPERATION better sil3 the ald Of The
than wt'hong, Il should b. Al liberty
ek that aid as i, auuId the services 0t
&c banker, 81 other Capitalists OF
i., giving The preference TO those who
serve Il CA tie best lefms. Nor can
J. ever rxtst an interest "a lie officers Of
General Government, ~ such inducing
70 embirraSs or auuoy the State banks
more than 90 incur Ito rnsiii.ty VI uny
cla.s d Safe institutions, or OF PR.
c'ilZ ms. 1t Is not lu THE nature OF
Is TIA, hostility ~ those institutions can
Z from lhis source, or any opposition
YER course Of BUSINESS, except when they
selves depart from ,he objects Of their
pn and attempt to usufp powers not
frca upon them, or tu subsert the stan.
o value established by the constitution.
opposition 70 their regular operations
o. exist m this quarter, resistance to
s'iemp, 10 make the Goycrnmcot deepen.
upon them for the successful adnlnts.
% o. public atfiirs, Is q natter ut duty,
must II ever viii 10 OF inclination, nu
r. from what motive or Consideration
a''emp. may originate.
Is ~ more than lusl to the banks 10
nat, N the late emergency, most OF
hfmly resisted the strongest ,elnpia
10 extend their paper issues, when ap,
my sustained III suspension of speclt
'sols by public opinion, ever though IT
sesinyi,ed by legislative cuactments
hs hoooroble course, aided ~ the r.
'aee oi The GcnetaI Government, acting
~di"nse IN the constitution ard lass %
.mied States, TO an introduction Of NJ
s,enaole paper medium, may W. attn
ma great degree, the speedy restofa
y cur currency 10 u sound state, uuS
V'slaess ut the country Ia ITS woutet
Ffly' The banks have bIt 10 cont
u me same safe Course, and be conu u
=" appropriate sphere, to avoid oil IN
''hee from the General Government,
y Oer'te from i, all the protection m,
Sllch II brs,oas on other State es
.''nen's, on the people Of the States
N''he STATES themselves. IT, this, ,hel
psl'ion, they cannot bot secure tn
,'uee and good will nf the people nnt
sV'eFnmen', which they can only los,
"ap'og from their le2almnie 5 ,here
a'e'hp' TO control tho legislation hf tn
-. ~ aud pefvcut the operations of tn
'"'en' to their own purposes.