Lexington union. (Lexington, Miss.) 1838-18??, 1839-08-31

l''~N = ot"eSuiCut vi tic lOttl Iuots III
which they represent three fatal cases Of
Yellow Fever as having occurred up 10
that date. r..
NdfcheS Free 7radcr.l
The first Bank Of Me United ssafea an
Engine of Aristocratic pomcr.-ln our
last, we referred 10 The meeiiog al Natchez,
called by every Bank President and CASH
Ter Of this city, winch nominated S. S.
Pfentiss for the Senate in opposition to
K. } Walker. We referred ia that arti-
Gle 10 the recorded sentiments ofihe author
Of the first Bank ever chartered in Amer
lea, in which that author, Mr.. Morris, ID
his memorable speech in 1887, avowed
himself in favor Of "a Senate for life,''
and Gan aristocracy based upon wealth
and property" We now come to the
opinions Of Alexander Hamilton, the grea,
leader Of the federal party and the author
Of the first United States Bank. This is
the same Alexander Hamilton SO greatly
eulogized by Mr.. M'Donnald, the Bank
orator, at the late Bank and Prenliss meet
ing in this city. In the first volume,
page 466 Of EIiol's Debates Of the Con,
venlion which framed The Constitution OF
The United States, Mr.. Hamilton's senti-
mems and speech will be found recorded
as follows,
~ believe The British Government
forms the best model the world ever pro-
duced, and such has been its progress in
the minds Of the many, tina, the truth
| gradually gains ground. This Govern.
;nent has for rs object public strength and
indiridual security. It's said with us to
be unattainabc IL it was once formed
htcould maintain itself All communities
divide themselves into the few and the
many. The first are The rich and the
well born. and the other the mass Of Tie
people. The voice oft people has been
said 10 be The voice Of God; and however
generally this maxim has been quoted
and believed, it is not true ia fact. The
people are turbulent and changing; they
seldom judge or determine right. Give
therefore 10 the first class distinct, per-
maneni share in The government They
will check the unsteadiness of the second,
land as they cannot receive any advantage
NY change, they therefore will ever
maintain good government Can DEM
ocraiic assembly, who annually revolve
in the mass Of the people, be supposed
steadily to pursue The public good? No
| Thing but permanent body can check the
|inprudence Of democracy. Their turbu-
lent and unconiroling disposition require
checks The Senate Of New York, al.
though chosen for four years, we have
found TO be ineiIicenh Will on the Vir-
gina plan, a continuance Of seven years
do it? 1t is admitted that you cannot
have a good Executive upon democratic
plan. See The crcellency Of Tie British
Executive. lie is placed above tempta-
iion--le canhsve no distinct interest from
The public welfare. Nothing short d
such an Executive can &c efficient
Such was the form Of Government pro-
posed by Alexander Hamilton--a Gov.
ernment Of the & rich and well-born '-an
aristocracy, Monarch upon The plan ssof
British Executive" This plan was re-
jecied Indignantly BY the Convention.
Failing 10 attain his object thus. Mr..
Hamilton, as Secretary Of the Treasury,
proposed 10 1871 to Congress, the incor
poranon Of a National Bank, which should !
concentrate the rnoney and power d .ihe
rich and weil-borp," including that Of The
British nobility, and thus regulate the
value of all property and labor, and gov
frn tho mass Of the people, Such were
the sentiments and views OF The author Of
the first United STATES Bank, aud such
nov when the mask il removed, are he
real sentiments Of nearly all the Bank
higleadeIs. The object is j Monarchi-
cal Bank as a substitute for and as ul.i-
maiely leading TO Monarcbical Govern
ment. The people Of the States we are