The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1839-06-20
I1,rasl fran he NasaEills Ban' e..
on COZ. POI.K,S ADDRESS.

on COL. Folks ADDRESS.
The posilioa sssnmfd By Col. FOLK.
a prove his consistently, Is thai he hss
been viii Gensrsl Jackson 81 nc time.
Lea us Illuslrsis bis course IN reference
% the Gsnersl's Bank policy By IN In
sginaEy dialogue.
GEN. JACKSON AND COL. POLK.
1880.
Gen. Jackssn. Well. Colonel. hon
did You like my plan Of > Government
Bank, The outlines Of which furnished
in my message 10 Congress yesterday
Col. Poll. The graldesi 6nancial
conception in 81 the tides Of line.
Gen. Jackson. And my notion Of .
'.loesl paper currency" 10 be furnished
by the state banksl
Col. P0lk. Excellent. excellent. II
will strengthen the states.
1884.
Gen. Jackson. Good morning. Col.
Polk. How does my Veto Of lie Bank
take With The members Of Congress!
Col. Poll. Admiralty. IL will be
the salvation NJ The country.
Gen. Jackson. Il sincerely roget
that The charter was not 50 modified -
10 enable me 10 approve IL.
Col Polk. II Is = great misfortune
that il vas not. For | entirely concur
with lhs, par. Of The Message which
says. that a National Bank is in msny
respects convenient for the Government.
and useful 10 the county, and that one
might be 50 regulated IS 10 be 'compali-
be with justice. with sound policy, and
with the constitution
ls33.
Gen. Jackson (al dinner near Nash
rille
The true constitutional currency Is
gold and sIrer e0in-lI can eoser and
protect the labor Of our country without
the aid Of National Bank. an institution
which can never be Otherwise Than hos.
tile 10 the liberties of,he people. because
its tendency Is 10 associate wealth with
undue power over The public interests.
Col Polk. (Rubbing his hand on his
b-y.l-Oh, General. that makes me
feel good here. Aside. That toast does
Bells business Tor him.
1884.
Gen. JGrkson. Colonel Polk. I en-
glad TO see you. have removed the de-
poslles. YOU perceive.
COL Polk Aud most praiseworihy
measure il 10. General.
Gen. Jackson. Bot The public mo-
neys will not lie lille. fancy will give
special directions to The Banks To dis
count literally upon them. particularly To
the merchants. and to extend their &C.
commodations to individuals. generally.
Col Polk. That il The true dncirine.
For. as you said on q former occasion. IL
is contrary TO the genius Of our insliiu-
Ii"ns that The peoples money should be
locked up in the vaults Of the Treasury.
1898.
Gen. Jackson. Did you ever know
any financial system 10 work so we'll.
Colonel. as our DeposiIe State Bank
sysieml
Col Polk. Beautifully. beautifully.
IL is every way superior tn a uniied
States Bank-cheaper and safer.
1886.
Gen. Jackson. Are you aware, Col.
onel. that the Opposite Banks are impor.
ting large quantity Of the precious me.
tails. To pm. into general circulation!
Col. Polk. ! have heard 80. Per.
NIT me 10 congratulate you on the sue.
cess Of your efforts in behalf Of a metal.
lic currency. There can be no greater
curse 10 any nation than a lucsI. paper
currency
Gen. jackson. MY humble efforts.
in that particular, | trust. will not be
wi'hou. their beneficial ELECTS upon the
country.
Col. Polk. Mighty. sirl Your fame
as warrior covers The earlb. but il will
be ecIipsed by your celebrity as a FL
Baneler.
1887.
Gen. Jackson. Was ever such per.
fidy. ueschery and rascsli,v known ss
have been exhibited by these DeposiIe
Banks, and all TO crafty Biddls and ruin
the eountryi -
Col. P0ik. Never. never. And would
you believe it, General. they have actu.
ally been in the habit Of losning out the
public money 10 indisiduslsi
Gen. Jackson. Oh. the villains.
Col Polk. Aud extending their &C.
commodstions To the Merchants.
Gen. jackson. The naiiorsl But
am glad 10 see Van Buren, intends 10
collect. keep and disburse the public re-
venue BY means Of his own agents.
Col. Pok. So am |. TO be sure, I
once said in Congress. that Banks were
much safer repositories of the public
fund Than individuals; but you know,
General, 4 alrays go With you.
In keeping with The foregoing dia.
logues would be an Address 10 the peo-