Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1839-06-04
From The Southern Sun.
TRICKS OF THE PARTY

State, and from the nanDuvres of the
adroit wire. workers, who manage the
complicated machiDery of "the party"
that a preconcerled effort is being made
70 create false issue at the November
election. The democratic journals have
abandoned every other theme of discus
sion, and are all harping upon our local
or state banks. They expose every real
or imag nary corruption, or dereliction of
duty on the part of he bank directors.
which can be discovered or conceived
and lash themselves into a perfect fury
when adycrting to the numerous "shin
plaster" establ shmen.s which curse the
country. 1t is hoped 10 gel up bank er-
element, which will divert the attention
Of men from the consideration of those
grave and important political principles
which are involved in the canvass, and
make the approaching state elections turn
upon the question, banks or no banks ~
Knowing that the eyes Of the people are
steadily fixed upon the disgraceful fraud,
corruption and swindling which mark the
history Of the party in power, it is the de-
sign of the managers" to throw dust in
the eyes Of the watchers, and gain a tri.
umph ere their optics are freed from the
incumbrance. The democratic journals
have ceased to eulogise the president
they do not laud The beauties Of the SUBJ
treasury--they have nothing to say about
the tariff, internal Improvements, state
rights, or indeed any thing, but banks,
banks" Nor do they pretend to discuss
the principles Of banking; II is all foolish
defamation about the horrible nature of
paper money. This fneSSe Of the 'grPat
democracy" reminds US forcibly of the
habits Of bird, callei the iap.wing.
which builds her nest upon the bare ground,
in tho most exposed position, and when a
person approaches, affects tie utmost
physical pain, and fluttering Of, induces
the intruder to follow. The democrats
are awfully Paiped at what they are pleas.
ed to torn the swndIug operations" of
the banks, but all this is mere affectation,
10 divert public attention from their oUn
S,0irdling. Being fairly detected, them
selves, IN acts OF the grossest political cor.
rupiion and pecuuiary fraud, the loco 70.
co party set out in pursuit of toe banks,
bawling out, "sto, thief" in order, if pos.
Iibl, 10 deceive the avenging ministers of
Justice that are hunting them to destruc.
ion.
We regard the question, whether we
'haN have national bank or sub-treasury
o manage the fiscal affairs of government,
IS a proper question, and one, indeed,
which constitutes the distinguishing line
'etween tie two great parties of this ma
ion. The wing party contend that ma.
ional bank is indlspersably necessary, as a
5rand regulator of the extended commerce
f America; whilst the loco focos are for
hard money system of operat ons, con-
ucted through the medium Of sub trea-
urers. This issue has been fairly made
n congress, in our state legislatures, and
indeed in every department of private So
;lety. The loco focos, however, seem to
nave yielded the point for which they |
'nce so strenuously contended and now, !
instead of pralsing tho sub-tre lsury
scheme, they maintain disgraceful ST.
lcnce, both in reference to that measure
and national bank also.-The sub.trea-
sury bill slumbers upon the table in the
house Of representatives, from which deep
repose we imagine it will never be magne-
tiSed by the "experimenters - aud the
whole host Of loco focos are abusing the
state banks for plundering. We are at
loss to conceive any real cause for so
much Indignation towards the sta.e banks,
unless it be that the loco focos think their
legitimate vocation of phlndering, in
which they desire 10 establish a profitable
monopoly, has been encroached supon by
certain gentlemen who have their hands
In bank affairs. We contend that 1t is
unfair thus to form a mere local issue, and
abandon the great questions of nationa!
policy upon which issues have already
been formed. The wings of Mississippi
are no advocates of corrupt banks-they
believe that there are too many banks in
tho state-that many Of them are corrupt
and irresponslbe-and that il would be
good policy to strike more than half OF
them from existence. In this opinion
there is entire unanimity amongst wings,
without one solitary dissenting voice, as
we believe and hence there is no materi-
al difference in feeling and sentiment G.
tween wings and democrats, OIL the local
bank question, except that the former are
in favor of a few solvent and honestly
conducted banking institutions, whilst the
latter are hostile to oil banks, and adyo-
cate an exclusive metallic currency. It
is not the desire Of wings TO Justify the
thousand abuses and corrupIions which
exist in the banks Of MisSisSippi--they
only desire to protect those institutions
that have proven themselves honest and
solvent. The abortiye effort, therefore,
Of the loco ioco editors and rarty mana-
gers in the state of Mississippi, to identify
the wing party with the petty shin plaster
concerps Of the country, is too contempt
bic ana mean a subterfuge to elicit the ap.
probation Of any honorable man, or gam
the countenance and support Of the most
Ignorant and credulous. The loco foco
editors speak as if the wing party origina-
ted the dlhusivc banking system amongst
US, when II is known that they themselves
are the parents of nearly every trifling
little bank corporation in Mississippi. 1t
IS fact that, until the last legislature, the
democratic party have always had the as
cendancy in the legislature, and that every
one OF the almost innumerable bank char
tiers which have been granted, were ac-
corded by the votes of democratic men,
bers--by that very party who now curse