Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-09-29

For Ne DmgernL

2
party that should express my sentiments on the
momenious questions that are now agitating the
/ country, on the result Of winch Ia nv opinion,
rests the Pormansncy or dtsseverenco Of the
UNION. As tie approaching election for men,
Der OF the Legislature IS fraught with more than
ordinary interest," from the Intimate connection lis
resu!i will have on our country's destiny, hail
with no common emotion lhis opportunity Of
showing men Of Other political hues, that we a,
least are not governed by base Or selfish motives.
llt, by principle alone And that we arc ever
| 10 be found raliyins under the banner Of the Con
si.tuiIon no matter who or what party holds the
helm of State.
The grave and momcntous question before the
people | hope is well understood, if not 1t ought
tc be. It's this-shall the government 20 back
to It's original policy Of 1859, aud collect its rev.
enue in the legal and constitutional currency Of
the country, and keep it by its own responsible Of
tcers, as IS provided IN the Independent Treasu-
~ BILL or shall 1t again resort to a National Bank
to act as fiscal agent Of the Government, with
sufficient capital and power to control the ex-
changes, the currency, the commerce and the bu-
siness of the Union. The republican patrio, who
believes that the most essential principal Of our
institutions IS based Oh the axiom, that The people
are fully able tc govern themselves, does not hes
itato to declare n favor Of the policy Of cur an
cestors in 1889 Whereas, the Federal Wing Of
the present day, who looks on the people as mere
machines to prop the ladder Of ambition, and who
wants tho substance and power of a monarchy
concealed under the simple garb Of a republic, is
! loud in the shout for National Bank with suili-
Gent power TO curb the hayward independence
Of those, who may have been nurturcd with
sense Of rational liberty
Before 90 into the merits Of the question be-
fore the people, will take a retrospective view
of the course pursued by the State Right patty on
those questions that, since the formation Of the
government, have had tendency TO unite the po-
hical and national power, and also, that tended to
a central action Of the government (of which
they have always been Jealous and trust will
be able TO show as concusiyey to others as do to
myself, that the charge Of apoStacy made against
US by the Federal Wings, for advocating the indie
pendent Treasury biII,ls without even semblance
of truth The State Rights party has uniformly
opposed the chartering OF a National Bank on the
ground above stated, and also, as being unconstl-
tutonal, ineXpodlent aud dangerous. TWAS OBJ
ecled to on this ground in 1916, when the bill for
charterine the late National Baak was Introduced
by the Federal party, but which finally received
the support of the State Rights party, solely on
! tho ground of necessity, from the peculiar sltua-
ton oil the country, which was then, deranged, en-
barassed and exhausted by the late war. On the
same ground did the party oppose the tariff sys.
tenn in 1924 when it triumphed in Congress, be-
cause imposed duties, not for the purpose ofrcv-
enue, but to encourage the industry of the North
at the expense of the South. And also in 1928,
when the federal party consuumaed that abonn-
able system which raised the duties so extraya-
gantly, that out Of an annual importation of SIN
ty-fonr millions, thutytwo passed into the Treas
ury. Let me ask then, is the State Rights party
guilty of apostacy in advocating now, that which
they have uniformly advocated beforel And
which will show hereafter that they themselyesre
commended. Most assuredly not, unless accord
ing to the vocabulary of modern lederallsts, con-
.,.t.,.,, =. A. ,noo,,tpr off tho yrpyl
After the failure Of the pet Bank system, the
present Administration was driven to the alterna-
tive of recommending either a National Bank or
an Independent Treasury. The latter, they very
wisely determined on carrying out, and it now re-
mains for the people to say, whether they will
sustain the Administration in their course. Ii is
such course | must confess, that reflects the
highest credit on the Executive, from the moral
courage it evnces him TO be possessed Of IN moi
swerving from his duty, even when the combined
influence and power Of the monled arstocracy Of
the nation were arraycd against him.
But now to the merits of the question. VIVA
are the features Of the Independent Treasury bill
that has been recommended by the Administra
ton, that render it so obnoxious to the Fedora
lNm.,s What does it propose Ii simply pro.
noses to collo,, eventually the revenues of this
Government, in the const,uueeaa currency by ITS
own agents which is admitted by all TO " h'''a
ly constitutional, without the aid Of construction
to support it 1t curtails tAe.rower and influence
Of the Exocutivel 1t is the most economical and
safe manner in which the revenue of the countr,
canbe collected and disbursed, and il can wielt
no sectional influence or power to build up one
section of the country to the injury of the other
but leaves all sections OF the Union to tie full en-
joyment Of their natural advantages under the