Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-10-20
Ca1IrlUnIas.


. --.-..' N---t-a--- 'fH -...... r-..
f called ..a 70 F--a-m TIE r..r-.-.. -
---c-r-a person ,or.p1rs,r,rra .- ..-s
sa.a-.. I.a.i- necessity Of ......' -'.- q;
's.. u. aal a...ty Tz,s..s.-, ......- '-s-,
-aents 90 a-.r constituents 90 ,...t-.. gu
Laouutoa+ Battast some NAV 49, + ~
the Importance attached totle resu,,o, ~. .''''..
60 these woud say, tLat i Is nor, 49,, $50 ''''sa
the choice of q Wing OF D,moer.,-. p''.s.s
made al 'he next soas.on Of tic Lc.isI,gr- 2
determined by the vote OF Lowudcs. lr.r ,'-''l'
that 'he present members Of our l.. ''- Aa
nearly equally dcyidei on tie que..,o, . q,
the people. -0" ''a
Between AIR Pgct.es and Mr.. n..,,-
called upon to decide. That either Of !. :. ''''a
men would do our county ample i,.,'. s'''''
matters am well aware, but on :, srf. "a .''
more Importance, the selection Of one MI, = " Ia
present our interests both State and Ne, y r.
a period Of six years, they differ wilqv - ~
Is for US 10 examine the question on ,.leI ~.
ference of opinion arises and determine .,' O.
them we shall support. This question coz. ,,.,,' q
collection and custody Of the reyenu, Of ~ , voc
States. '' O@ad
The present administration pro.,,sa.
financial concerns of the Federal Govey,n,a.. ,ae
he entirely separated from the Banks anJ ,Iq '''a
ness OF blnAiug-that a Treasury sE,n t1 ~ o-s'
Ilshed, independent of all Banks and ,b,, ''''"
nue. instead of being collected in Bank wv,
keptn banks, or rather in the form of Bant .,.I'
as II has hitherto been, shall be coleete5 !
and silver CON- the only currency roco,n;,.9 9lD
the constitution, and kept by public officers ,o,:
places Of security appointed for tina, nn,D.,,
viii now present brief statement and exnl.n.,
Of the question, and trust alone to The force n ~.
on the mind Of the reader for the CORRECTNESS org'
deductions he may draw.
Immediately after the formation of onr c,n..
ment, the people became divided into two u,;.,
the Federal and the Republican,. Alexander H,u
iIton was the acknowledged leader of tho f,no.
and Thomas Jefferson of the latter. The oncs
ton that caused the marked line of distncio.
to be drawn then, and which is as distinctly vsbh
at this day, was on the question of the expedr,y
and constitntionalty OF National Bank. Mr.. Han.
lIton during the debate on the charter of a Nalion
Dai'N ~ 1917, 'ad down the fundamental ayiOn
tie Federal party that man could be governed i,
one Of two motives only, force or interest ''-aGr,
~ ooSc'Veu' IN 'i'S country was out Of the question
ana the interests, therefore, Of The n.embsy, na,
'e !"'u Aolu ol' 70 Keep me Legislature in Union
II Il ~
""l' ''e executive lie also n ms report IN IN,
u "'o' u oN''eo o'a'eS Bank distinctly avOtd
'I'at such Bank IS not mere matter Of priwy
properly out PoH'cdt mac"'"e oil the hghica
Importance 70 She STATE mat both Banks Of The
o"''ea oates were used as POLITICAL Mlcusn
VIC nave 'fie h'sHeS' e'dehce-'h"t OF then OWL
'Scor0S
Mr. jefferson aId II do"hfs NndcmenIaIaxOn
q INC hV'up!'ce'l party tla' "Heh were fully abe
" so''i" themselves ana "a' National Bank
was uuro''9"'u'onal ana dangerous 10 The Liberties
" u'c PcoP"' III us PuollSl'ea OPINION against
pa'N' written % l'9l' ne gives H'a views IN regah
10 'he colecuoh ana sale-heepng Of the moneys
belonging TO the Treasury, and which are IN sub
stance the same os tbe Inaqnenlcn, tr,o.s,ry rLo
t,,, ,rl;oL on, o,,,,,,,lr,l ., ,,. r
0"' "'''V'' a'' 00'''i'0''o ~ YUM "o'i uuV +"
gard Y oreVi'y'
A National Bank was chartered in 1891, and i'm.
medatcly after ,s commencinc oneraiious IN one.
Jio,oo - Tho ,rl,ro or .ha a,r9, ,lonaaIa. u,ma
0''"'V u '''o o'0t'' VI e'e S.i' A'eAa''et h''-'
ton, then al The head OF the Treasury Department
the practice was commenced Of rccciying Bank
notes IN payment Of dues 10 the Government, not
,r,,, ,.i,5o,,, 40 n,hon,,. g L,n, H., ,.,;,s On
''' ''''0"' .'.' "'V''''F VI ''"' 0'' '5'""'
express provision oil The lrSt revenue ac'i 'Oa'
the duties imposed by it should be pGid in gold and
silver coin only. This practice thus illegally and
on,ro,,,;,,ns,,, ;n,.ol,ooI ,oo,in,.1 - r,ov,7
"'''0'"0'u' ''""
WliIloul interruption, untl inc a@ uhVe'SuI sOF
pension Of specie payments. During the ioFmG
suspension which terminated in 1916, iuconycribR
h,r,. >,,,,r ,au;,,a,,. .,,,,;o,ol;r l;esrop nrS
,"@ I'"p''' ''''O0''s ''p'eT'"''" r,.r,
oil Inc country, was received IN payment VI '4'9
whereby that essential provision Of the Coa'tlu'
ton, chat taxcsa and duties shall be uniform through
~, tho II &c. ,,.ao n,;rol,, asro -,rll and
w Wy - ~E"'eo, ""' '""'N! 49, r,