Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1839-07-13
From the Oh Dominion.
For AN INDEPENDENT TREASURY;
AGAINST A NATIONAL BANK.


ISpIrEspENr TREAsuRY -,chat It's. !, 1t
is measure strictly constitutional and demo.
cratic
| 2. II conlrmpates, as one OF It's essential ad-
yantages, reduction Of the revenue 10 the actual
wants Of Government
3. lls tendency will ho TO prevent an accumu-
lalion Of a surplus in the Treasury for if the
moneys arc no, permitted TO be used, 1t will be
the interest Of all to prevent an accumulation.
This is cardinal proclple IN the measure.
A. II will separate the moneyed from the pol,.
| cal power OF the country,
| SILT will Sonnet tho moneys Of the Ma
tional Treasury from the business Of individuals,
and preserve them lor the public use.
g. II will prevent tho public moneys beng
used in such manner as to stimulate TO over
action in trade;n thereby tending to prevent pa.
MICS aud reyulsons, which affect all classes OF
citizens.
T. Ii will place the revenue of the country I'M
der the control Of the agents and representatives
Of tho people.
8. II will diminish Executive power and pa.
tronagc, by dlssolvlng all connexlon between the
preslden, and the banks ndeung II impossible
for him to DO controlled by them, or exercise con.
troll over them by offering, as brlbe, the use Of
the public money.
0. 1t will benefit the banks by destroying eve.
~ motive of partisan hostility against lhem and
by abstrac,ing them entirely from the stio Of
politics, in which il is impossible they should
mnge without being exposed TO the most itnmi.
nent peril.
lSpErgNpENr TRgAsuRY-- lchai il is not $3.50
| II 4. Ia l..a T..
leave them in full exercise aud enjoyment Of all
their rights.
,, Ii Is not injurious TO the business of the
county, because experience has demonstrated
that the loan'ng OF the public moneys to the
banks TO be traded upon by them, Is IN no wise
bonctclal-but that IT produces sudden expan.
sions and oontractons IN their issues, extensively
pernlclous, and embarrassing to trade,
3. II does not separate the Government from
J tho people but prevents the Government iron,
lending the peoples money, which should at all
times be kept as a sacred depoSlte to pay the
peoples debts.
1. II will mol with or without tho "specie
clause introduce metallic currency; for were
; the whole collected and dsburscd in gold and sill
yer, It IS estimated that not more than from three
to five millions Of money would, at any one time,
DO necessarily in the ueasuy--an amount much
less than kept IN the vault OF the United States
Bank OF Pennsylvania.
8. tis not an "odlous measure ut is not a
"destructiye measure but a measure strictly
constitutional, Swallowed forh by Jefferson, re.
commended by Van Buren,, and approved by
Jackson
BATTLE OF NEw 0RLEANs.- The hsarissl
Kind Of fire. Speaking Of our great Sth Jan.
uary victory, British writer says, that "no troops
that ever took the field could have stood before
the fire that was poured from the American lines
at the battle Of n. Oreans-lhat Il was heavier
than any experienced BY the British throughout
the whole Peninsula contest and by far more
terrible than that which was directed against the
| ioice that s,ormed ST, Sebastian
| Early Coiloa.--We have been presented a
, cotton boil, fully open, picked few days since
from the plantation Of Mr. Jesse Guice, few
miles from this CITY, on the Louisiana SIDE The
cotton was Of very fine texture, and gives prom.
Ise Of rich crop, We believe this is the earliest
cotton exhibited this season.-Free Trader of
| The An inst.
Isaac, can you describe bat ~
Yes sir-he's flying insect, about the size
Of stoppe--has India rubber wings and shoe.
string tail be secs best with his ewes shut, and
bnCs like the devil