The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-10-25
From the Lynehburg yirgiaiaa.
A NATIONAL BANK,

~ ava
II is very true. as recently asserted BY
The New York Star aud by the Richmond
Wing, that the success of the Wings, and
even The election of Henry Clay In The
Presidency. would not necessarily be fol-
lowed BY the incorporation 81 National
Bank. The truth Of this assertion is de-
monsiraled BY the we'll known fact that
many Of the Wing party are opposed TO
a Bank-a few because they believe such
an institution inexpedient and unneressa.
~. AMI many others because they deem
it unconstitutional. Mr.. Clay. with that
practicable wisdom for which he is SO
remarkable. avows his own opposition
TO the reeharter of Bank. until such time
as the great body Of The people are tho
roughly convinced Of its great utility. II
mol nf its indispensable necessity. Yet
il is the policy of the Richmond Enqui-
rer and its confederstes 10 assume that
the incorporation Of Blak will be the
necessary consequences Of the triumph
of Mr.. Clay. and that the "lrue issue"
before the people is, whether or not they
will give new life to the thrice slain Nom
ster. They choose to place the contest
upon this grond, whether the Wings will
or no-bccsuse they suppose that The
preiudices against a Bank which they
fnrnerly enkindled. may be successfully
Invoked. not only To secure the defeat Of
those by whom it is supported. hut also
To cover the delinqueaces and to shield
from Indignation the mediialed usurpa-
tions Of the party in power. In denying.
however. that " Bank or no Bank" is the
true issue involved in the approaching
contest. we are not Influenced BY the
slightest apprehension Of danger IN ma
king the contrary avowal. but simply by
9 regard 10 truth. We know il would
be impossible 10 silence this psrrot.cry.
even j: every Wing in the United States
were 10 affix his hand and seal To an open
and interminable declaration Of war a.
gainst Bank. We should still, in des-
pi,e Of our disclaimers. be called the
Bank party" hy Those who, relying
more upon the efficacy uf senseless clam
or than of sound argument upon the minds
Of the grea. body Of the people. hope,
through the inslrumentsIity Of. these ap-
peals 10 their prrjudices, to effect re
suits. which they would despair Of a.
chewing by an address 10 their en!ish.
tened judgments. Hence il becomes our
duty TO disabuse the public mind, as far
as possible. Of some Of the false aspects
in which this question is made 10 appear
before il. by a reference tn events in our
past history, which though moi very re.
mote, are ye. but di'nly remembered. il
they be not indeed as entirely forgotten
as though they were enveIoped IN the
dust and cobwebs Of boar antiquity.
II has been liuie more than twenty
years since the last National Bank was
chartered; and yet not only are The cir
cunsiances which called il into being
Forgotten. but even its paternity is asrri-
bed to party which vainIy endeavored
10 sirangle il in its birth. II is now cali
ed an Anii.Repubtican measure. and
those who advocate il are declared to be
Federalisls of the Hamiltonisn school.
Let US Fever, To the law and to the tesli-
mony, and see from them whether there
be any justice in this allegation. or any
propsiety in the application of THE epi-
the.
In 1916. according to the " National
Registr," ufthen published in Washing