Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1839-08-10
heard 1886

10 Vi
Total democratic gam for Governor so iaras
heard 1896! and a gain Of '"o meu-
bsrs to Congress.
PoA's majority over Cannon 3,735, oad two
Of lae strongest federal counties IN the State
Wilson and williamson heard from
But few Of The above returns are official we
believe, however, that they all approach very
| near The truth.
P.S. The Nashville Union Of the 9Th INST.
vas received Just as our paper was going to
press-speaking of the ele-ilon 1t says:
| The returns, as far as received, come up 10
our eXpectatlons. We have enough OF reliable
intelligence 10 satisfy US that Middle Tennessee
/ has gwen Col. Polk a majority Of from 4OOU TO
45o0 aad tina, Gey. Cannon's majority in the
/ Western Division cannot exceed 1000 to I5Uo
votes. If onr reckoning be right then, Col.
! Polk crosses the mountains into East TenneS'
see from 5000 to $500 ahead, which majority
will, undoubtedly, be increased by the Yo'e ol |
that Division"
! Cj- The Union states that there IS good |
prospect of handsome majority Of Democrats
in the Legislature.
! The Nashville Wing, Of the same date, says
" The returns, thus far, have astounded our
friends ttho feds and agreeabIy surprised our
opponents"
"Whilc the paid tools OF the executive are
ceaselessly lnvelghlng against the senator from
| Kentucky, for his former advocacy of q tariff,
national improvements, and q bank, they strangely
omit to inform their readers that be is no longer
the advocate Of these measures. y Richmond
Wing Of The 18Th June last.
What say you to that Mr. August Mr. Clay
IS no longer an adroeats Of Bank Now,
don't omit TO inform your readers" Of the fact
II they are good Clay men, they will, with you,
"wheel about and turn about" and unsay NIL tha,
they have said in favor of bank for The last six
months. Prepare them for decent somerset
Y GU are, you know, an adept in the art.
The Independent Treasury. We do not know
where John Jacob Asor keeps his money!
Perhaps he deposits it in bank--perhaps in his
own office. Well, suppose one OF more of our
city banks were to demand of MIR. Aston that he
|
that they might loan the same lol the favored few
who own the stock Of these banks, what would
Ms Asior reply! That he chose to do what he
pleased with his money, and most particularly 10
keep it where it could be found when wanted.
Put the United States government in the place
Of Nj Aslor. The merits OF the case are the
same. Let any bank show its right to the use OF
the national funds for the exclusive benefit OF
some twenty or more rich men who own ITS STOCK
and we will not war against the right. Perhaps
some other corporations may put IN an equally
Just claim. The insurance companies, per
) chance, may be entitled TO a share. Inc various
incorporated benevolent societies may put IN u
claim, and even the Sailors Snug Habor and
Trinity Church might take a slice. They GER
tany have as much ngh, 10 ii as the banks
What is bank combination Of certa'r
! n Ell permitted by the bank TO make from :welyt
/ to twenty per cent on their actual capital Th,
man who lends out his money on bond and mort
gage, receives only seven per cent interest. -
Why not permit him to use portion Of the 90
!. vernment funds for his benefit Has he not a
II much right to it as his next door neighbor, TN
bank stakeholder y. does the oct Of stat
:, legislature. incorporating bank, confer upon
the privilege OF trading on the money o! the ma
lion.
d The war Of tho Government agains, III
D, banksl" What war; How carried ont b
ar having no dealings with them, and not interierIn
with their legitimate business The business
bank is TO lend money in certain proportion I
J It's capital. Has the government interiered wit
r this business Has 1t forbidden any bank I
r. lend money! No. 1t has simply proposed lhr
the money of the people should be KEEP. as ind
vduals keep theirs, subject to the control Of II
~ said people, through their appointed agents.
be at hand when needed and 10 be safe from Il
\. grasp Of speculation 1t may be kept in
A. strong box, If you please, or it may be special
lie deposited IN the banks for safe keeping. But
may not and ought not TO be placed in the han,
OF few individuals called bank stockholder
"' that they may lend 1t out at high rate Of Etere
IA for their own individual benefit This is all th
il! is contemplated by the Independent Treusu
scheme.
-. The time is not far distant when majority
10 the banks themselves will be the warmset irIen
80 OF this scheme. 1t places them all on an equ
The footing. No iavorlte few amongst them will
enabled to lord over the others by the aid of o
all vernment funds; they will be enabled to purs
49,, the even tenor OF their way, each doing busne
IN proportion TO its legitimate capital, SO ar
ne the government is concerned. II the peuI
ION consider that these institutions have too MAJ
ain privileges and advantages, that il altogether an
Their affair. The administration is not respou
bic for thut.-.N. y, Era.
~ InE CANvAss.-From all parts Of the Stt
=. we hear OF the most encouraging prospects
iuc the success OF the democratic cause at the 1
preaching election. Our friends are prope
no. aroused-the right spirit is peryadnlg the IA
h,, and file. Bank reform is the walchwoid, a
the powerful democracy--the friends Of eu
rights and equal prlyieges-the unterrfed if
ne men OF the commonwe are rallyiug to the