Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1839-07-06


oul any msanng-for even # It were true, Il
proves nothing either against democracy Or IA "a
vor Of the banks The only question worthy Of
occupying a moment Of discussion is-bY vhai
party are The banks sustained IN their mismanoge.
menl by whom are their affairs conducted ?
look al this state fof example.-Not one Of the
Banks IN LOUISIANA Is under the control Of
democratic board Of dHeetors-and yet with the
exception Of Mississippi, there Is no State IN the
Union whose banking institutions have been man
aged with so much recklessness, ignorance and
blind lavotitism as ours m a word, there - no
State, with tho exception just named, where the
public have suffered 50 much wrong from monled
institutions, as Louisiana. But. we doubt not
the editors Of the federal papeis alluded to.woud
start with affected surprise, Il they told that
Louisiana is not federal State.
But Mississippi - decidedly the State which
has suffered and continues TO suffer under the un
licensed ylllany Of the banks, more dreadful and
multiiarious evils than any other. II is curious
tina, the very same paper which asserted this un.
meaning paradox respecting the monied lusllu-
tons Of democratic States. contained an article
the oblee. Of which was 10 prove that MisslssIp-
pi, with some other States. WINS uGques,ionably
devoted 10 Federalism and Henry Clay. Here
would DO dilemma lor the federal edtora-whch
might puzzle man who regarded the consisten.
cy and soundneas Of his assertions. But the
consistency Of an individual is not the question
now under discussion. Admitting the fact to be
as alleged, that the banks are ~ worse coBdl
ton in democratic States than IN any others,
what lhenl The iederalsts bfough, the banks
to that condition and keep them there They op.
pose the sxortiors OF The democrats TO establish
a better order Of things. The banks IN this State,
IA Mississippi and IN every other IN which they
possess any influence, are leagued against de.
mocfacy by indlssoubc tes--lhcy are waglng
open war against democracy new
er coasine war-hellum al mterhecIoncm--w
to the knife, They prescribe every individual
who dares 10 stand up IN the dignity of an Amer
icun freeman and express his predictions lor
democratic principles, II perchance they some.
tunes confer favor upon democrat, !, Is with
the view Of brlbng him into an abJuauon Of his
political faith--to silence his voice and ncutraze
his notions. lii the heigh. Of nbsuldity to us.
cribe the igudrance and corruption with which the
banks have been managed, TO tho democrats as
party OF as individuals. Their abuses were crea-
ted by the federalsis, they nre sustained 10y the
fcderalisls, and they will be continued by the fed
eralists
The State Of Mssissipp IS divided into two
parties whose distinctive lines are as strong aud
a. broad as human passions can mako them.
Their denomine,ng titles )edsrdlisis or trhigs
and democrats the real substantial differ
once lies in the opinions respectively entertained
by them on the mismanagement OF the banks
The democrats wish to correct The abuses Of those
institutions. the ederullsts, whose fortunes are
identified with The banks, and IN too many inssn-
ces with their abuses, contend with the dospera-
ton Of men whose all is Of stake, for the perpetu
alton of tho system with oil its coTuptlons, all It's
dangers, all its mlschlcis IN this State there "a
tho same aray OF par'Irs The banks o" on"
side Tho democracy on 'he other Inc rymp"'
ihies or the policy Of tho Icdcral'ss allow the
banks to rample upon tho laws OF tho land with
impuniy The democratic faith Preserbes TINT
all men and all cortnplIons are equal III Inc eye
Of the law--lhat the legislature has no right to
grant exclusive privileges to one class, and con
soquoniy, that i has no right 10 giant that to
banking company which II may deny 10 an md
pldunl.
The banks, IN fact, With the connyance and as.
sis,anco Of tho federal party, have become an IN.
dependent order in the stato--ahoyo the law, and
acting at defiance alike tho voice of duty and the
voice Of public oplnion. IN this their position
they arc sustained by the federnl's,s No, con.
ten, with the exclusive and almost unlimited pr.
v,lcscs bestowed upon them by the legislature,
the banks have arogaIed TO themselves authority
10 suspend the payment Of their debts whenever
and for as long period as they please. They
sue individuals Tor debts due TO ihen,, while they
refuse 10 pay their own, and laugh at all attempts
to coerco them. They induce tho legislature to
pass reroac tive law to sanction that which IN It.
self Is illegal, and then declare that the condition
on which the indemnity was granted, is net bind.
ing upon them, at the Same tnc claiming from
that law protection for their charters which had
become forfeited They derangc the currency
OF the couutry-lhey sci an artificial value on all
kinds OF property, upon the produce OF the earth
aud upon works OF nrts and mechanical skill.
They have degraded and dlsgraced the nation in
the eyes Of foreigners prostrnled her commerce
and paralysed her industry. They continue their
ruiuous course, and hey will undoubtedly conlin.
ue il all the evils which they have created shall
become inlociable aud the people have no alter
native lell them but to act upon the maxim--SalHs
popuh mprsmd lex t'to
In oil their impurities aud amid all the dangers
and mschcis which they menace and mhict. the
banks arc supporledby the lcderullsis The fed.
eraisis are their apologsts and advocates in what.
ever they have done, omitted OF threaten. The
political cones, now ag,etinS tho public mind,
is Tor the banks with their abuses, and oil concom.
liant evils on one side--and the supremacy Of
the constitution aud tho responsibility Of all men
and corporations to the laws, on the other
Louisidnian.
a rny pretty Coqusite, resident at ST Albuns,
had been pre-engaged to county gentleman in
the neighborhood, to accompany HIM IN a dance
at a ball given at Town Hall. gallant captain,
however, interviewed, and IN jeerug mood, per.
suaded the young lady to abandon her previous
engagement in favor Of himself To this she as.
scented. The plain yeoman overhearng all that
had passed, with fr,gid indifference, moved TO
wards card table, and SET down to a rubber Of
"a. 4