Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1838-11-01

cy as the most essential ingredient, in
deed the very soul Of commerce, and find
ing in the Constitution full and ample powe
for Congress 10 regulate the latter
have no doubt Of constitutional right anC
duty to regulate the former, in the only
way it can be effectually regulated, by the
charter of a National Bank. My opinion
bothofthe constltutionaIity and expedlency
OF such an institution, have been strength
eued by every days reflection. With such
views upon this subject, necessarily re
garded the Sub-Treasury scheme as lata
to the commerce and currency orthe coun
try; and tho perhaps calculated in some
degree TO force temporary increase o.
southern trade yet in much greater degree
injurious 70 southern agriculture. II may
make Charleston q commercial emporium
but do not believe even admitting The
validity oil all the argument in It's favor
that it even proposes TO furnish the great
agricultural interests OF the country the
benefit Of commerce, at any cheaper rate
then what they have been accustomed to
enjoy Take the argument OF those who
sustain the Sub Treasury as a measure oil
southern policy, and 10 what does II q
amount II does not propose to give US
my Of the facilities OF which II seeks TO
deprive the north. 1t is the dog.in-the
manger policy, which has not even the plea
OF inter rest TO sustain it. And what indeed
constitutes this common southern interest,
at the shrine Of which all the objects and
advantages Of the Union are to be sac
rifced! There is one common interest,
admit, of an Importance paramount to the
Union itself; that is orr domestic institu-
ton of slavery. Before would see that
interlered with by the government, in any
shape or form, would surrender the gov
crnment itself; for believe the federal
government has no more right TO interfere
with the slavery ofthe blacks then they
have with the freedom Of the whites.
But beyond that & in relation,to commerce,
and the ordinary business oflife,
do not perceive that common interest of
the southern states, which under the .
magical phrase Of southern p01icy is to
compel US TO follow the lead Of those who
raise the sectional banner, and inscribe
that phrase as their motto upon it. adj
mire the state Of South ICarolna, the gal
antry and chivalry both Of her former
md present generation; her stute pride,
md her magnificent enterprise; honor
he talents Of her great men and the zeal
With which they labor for her interests;
'ut nevertheless | am compelled to recol-
ect as a citizen ofthe state of Mississippi,
hat so far as business is concerned, their
ire few states with which we have, with
he exception of the question lust alluded |.
OF SO little common interest. We trans |
let no business with her whatever With |
Tennessee, Kentucky, Missouri. indeed
With all the western, and most of the nor
hern States, we have business, connex-
ons, which are increasing every day.
With South Carolina and the other old
southern States, we have not, nor never
shall have much o;her connection than
hat which arises Out of respect and good |
ceiling, such as ough, to be common a
nong all the states. | go further: The
rue policy Of South Carolida is different
rom that of Mississippi The former is
IN old State in which capital has accumu-
ated and agriculture deprecated. Much
If her wealth and population are daily
lowing to the more tempting agricultural
egions of the Southwest. 1t is for her
interest TO retain that wealth and popula-
ion; Agriculture does not offer sufficient
but if she can acquire the
commerce OF the south; then this wealth
md population, may cease to flow west
ward, and seek this new channel Of bust
less. Therefore it is, that with an ardor,
which ever distinguished her and with
urprise which has never been surpassed,
he has eXerted herself, to build up, within
or borders a great commercial empori-
m: For this, she hos commenced one OF
ne most stupendous Iail roads ever pro-
,cted, which will open to her the wes-
srn valley embracing almost halfa CONT
ent, and this, doubt not, has, very nat
rally given tinge to her politics in rea- I
on TO the great financial question which
have been discussing. Now with US c
lings are different. We have not capital
nough; and halfa century will elapse, be- /
~ wv ohoii hAfO OuT immense N
grlcul,urai resources. 1t is not for the i
lterest of the state of Mississippi, to as S
st in policy, the direct tendency of
hich is TO compel her from cheaper to a y
carer market. Richardson can furnish {,
5 merchandise as cheap as New York, =
G shall be her customers; but surely it is $
II our advantage, 10 retain the power Of
loosing between the two. Tothose who :,
fer with me, upon this great question,
n willing TO accord all the honesty of mo. y
'e and feeling, with which | am conscious !,
having been actuated, in arriving at my u
IN conclusions. :
cannot, however, forbear, from warn q
6 the friends Of the sub-treasury, in the +
nth, that, some OF them at least are pres. !,
lg the question in manner, tending to II
most disastrous consequences. n
al u