Canton herald. (Canton, Miss.) 1837-1839, 1838-08-29

~ ttlC t3'upl Npic W tilidll ifdNiSs (.
B. ]. Hardy, Byrd ifil, and Others.
Members of the Legislature Of the /.
State Of Mississippi.
GENTLEMEN;
Yours Of this morning, proposing to
obtain an expression Of my political
views and opinions on certain spcci-'
fled subjects thereWith communicated,
was landed me to-day, and to which |
forthwith mosi cheerfully and frankly
make Youths reply.
The questions submitted by you are
as follows:
lst. Are You in favor Of the old
United tates Bank?"
Cd. "Are you in favor OF a National
Bank of any descripUon!'
ID. "lour views in regard to an
exclusive metallic currencyl'
Attn. "Your opinions in regard to
the Snb-Treasury Syslcm?'
TO the FIRST. ! respond, ] have al-
ways believed tic United States
Bank, (as lately existing did in the
main, well subsera the ENDS and OBJ
jects q ills c,oatju, SD iac us jne gor-
ernment and the public were cen
cerned, and especially in these essen
tlal particulars:
lst. That it faithfully kept the pub
Inc treasures, and faithfully disJarsed
them.
Cd, That in financing upon them
and in respect to them, and in trans
hitting them as the public czigencirs
required 10 different parts Of the I'm,
ion, it usually Gid so with the lcastpo>-
sible shock to the money market, and
to the commerce OF the country.
81, That il furnished, at all times,
a sound and equal exchange at the
most reduced rates, and with tie grea-
test convenience to our vast internal
trade, and the social wants Of the peo-
pie.
Attn. That IN its chief end it did to
the last furnish and maintain good
anduniiorm currency, alike servlcea-
BILE to the government and It's citizens.
1t is more than probable throughout
the course OF its existence, It not I'M
frequently merted consuye in minor
matters Of It's administration. | new
er supposed the institution or It's off
GERS above human inhrmity; nor am |
fully prepared to deny but at some Pc
riods it shaped its policy vita ID TN
due regard to political elect. For
such acts, il such there were, am not
It's advocate.
Its charter, so FAR as now occurs q
| me, have believed generally good
though not the best. That io.e.n
ers were permitted to bold '1s tuca
has been an obigc i'm, thc strength al
which. though considered ty zoe q.
less than imaginary, was set ca o.
would willingly have seen ''Ei'}t'
believe. too. WIDE and more
searching range ofthe vi>itcrId 20"
Ell. might have been better secured II
the charter TO the Legislature. In r.
4 gard to IA instituton'So nearly iile'
to the pubic interest as one which
j 10 furnish national currency my Q
pinion is, il should be entitled to llii
or no concealment from pubic 10
quest.
! doubt not also, but the old Ban
charter in other respects, was susceT
/, sible Of additional salutary restraint
and notifications; whereby il nigh
: have been rendered the less objection
!, able to its opponents andmore accept
!, able 10 its friends, without havin
I. produced any essential change IN 4
, prominent features.
7 lhave said thus much before givln
!. a direct answer to youl first questlo
surprising by contrasting your hrs
and second questions together, 70
designed to ascertain not merely M
opinion Of the old Bank, bnt whetheI
aise, preferred II 10 any other, who
Q might be organized.
The precedlngcxpositlon seems q
! propriately suggested also, iorasmuc
!, as the corporation alluded to- N z
! banking franchise, has sometime sne
I expired, and even its extended Powf
J Of liquidation must finally terminal
within the next sixty days Hence
III is presumed, thai re-charter OF y
old Bank is not now anticipated b
any.
with such qualification as the pr
\ ceding observations IMPLY, nov Al
n swer your FIRST question thus; = ~
II il favor OF the Old United stat
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