Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-03-24

The hEro--N e understand that G.,
Mutt has dispersed brood of Young ,,,-.
By flourish Of the veto uuncheon. Tts
ance Of the bank com'rs report had
tendency IA exciting a bank mania !, Il ~ -
ture. The green ones had their eve. =. =
the extraordinary facility enjoyed By b,..
gers and bank officers, AMI forthwith -
work to get up bank in their rcspse,;,.
borhood. If thought they, the bank -
Woodyille, Natchez, Nicksburg, Clinton. :.
where have been enabled 10 monopolize,i-
lating medium, and possess lhemselrs.
property Of the country, why should Ne ~,
in even at the "elevenlh hour" for a por,;e. \
spols Several bank bills were inn
brought forward and by log rolling wsr.
through both houses. We have hot b,,,a y
particulars, but We have understood iha, H.
ernor vetoed five or six, and one passed
constitutional majority. The firmness and a.
Of the Governor on this occasion receive, A.
most unanimous appreciation ofthe wholee,.'
| nifty in this section of country. We Mi
| Governor had vetoed The bill, aulhotziry A.
sues by the banks Of small notes. We INNS
banks, but we would like to see many Of 4.
which are now flooding the couulry with h
worthless paper, swept out Of existence.
believe that ultimately our banks will BE- he p,
solvent in the Uuion but we doubt the pol,,
charteIing any more banking capital, The M
extension oil paper money has been and mus
ways be decidedly injurious to the planting Ssa
So long as we consume more of tie product@
our neighbours, than they consume Of us
nearer we approach metallic circulation The N
| ter for us.
While our cotton is not enhanced in vain,
Europe, every article we consume Of Amefa
production is raised in price just in proportion
tho increased issues Of paper money. If Mas
sppi imported from Europe, and raised ons
own soil every article she consumed, then it vol
be immaterial to her to what extent either s.,
her sister states carried the issue of bank pss
If however, we shall be enable to carry o. d
own commerce,(as we hope to do by our mes
banking institutions, we can square accounsvs
onr neighbours. Ficksbug Sentinel.
The VETo.-The exercise lthe veto ewr
by our democratic governor gave rise TO much d.
bate inthc Legislature OF a character highly q
citing, and has caused much speculation amOll
the people. 1t was TO have been expected
The wings who are almost TO a man in favor I'D 4
kinds banks would have denounced this exesI
OF the veto power; but it was not expecteds
that democrats who were elected MS the cons
vators Of the rights of the people should lecal
the advocates Of banks. They have chargedG
Governor with Inconsistency because he sigaI
the Union Bank bill and vetoed other bank ba
Now il rs well know;i to nineteenth Of the citizea
ofthe State, that Governor McNuit canvascdSI
an anti bank man, yet declared his inten'inn Z
sanction the Union Bank provided it met the o.
probation Of the present Legislature, as il uOut
then have been before the reo lie for their appra,
al in compliance with the cons uiution lcnce In
approval Of that bill cannot be charged as an at
Of inconsistency.
| With full knowledge Of the doctrines ofd,
Governor, he received Il larger number Of vote,
than any other cauldaie; and when the veto mes
sage shall have been perused by the people, sey,
en-tcnths of them will respond to his views. lls
Governor exhibits the fact that our charttd bank
ing capitals amounts to SIXTY TWO AND
HALF MILLIONS, while less than nineteen
millions have been paid in, and considerable
portion OF this not i'll actual capital but in sIotE
notes. If moro capital is to be had, it can be a,
well used IN the purchase of stock in banks al.
ready Chartered and which are distributed al
over the State, from the Tennessee line TO do
bay OF ST. Louls-upon the banks of the Ton.
bgbee, Pearl Yazoo and Mississippi rivels--Nil.
GU; charlering additional banks. No more cap.
tai Is IN reality desired but il was thought fit o.
portunIty Tor the passage Of new bank charles
with hiapl0sier privileges, under the manage
ment Of different men. The factis, so many mc
have made fortunes in few years by having iht
control Of banks, that others desire TO $50 aul
do likewise"
i Although few Of our friends in the Lcgsa
Iure have on this occasion deserted the broad ant
bright banner OF democracy, yet we trust this wi
be but temporary apostacy, for those members
will find that the great mass Of the people an
with the Governor.--Daity Free Trader
MEs. ANN Benton, mother Of the Hon
Thomas II. Benton, died in ST. Louis, Nllssourl
rot loag since, aged eighty years. The paper
OF that city say she was a lady Of extraordInaI
qualities Of mind, which would have made her !
luslrious had she lived in Rome, when matron
encouraged military achievements there, OIL
The iron age Of Sparta, when mothers disowned
son for having turned his back TO an enemy ofb
country.
| BEAuTlFeL ExrRAcT.-Vntue has resource
buried in ITSELF which we know not ofuntil The II
vading hour call them from their retreats. Su
rounded by hosts without, and when nature herse
turned traitor, is its most deadly enemy Within
assumes new and supelhuman power, which
greater than nature itself. Whatever be its cree
whatever its sect--from whatever segment Of if
globe its onsons arise, Virtues Gods empire an
from his throne he viii defendt Though cast int
l tho distant Al,