Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1839-07-26

pdnieS. Anu what WAS tue COuISeoi poiiCy
pursued by this stern and unrelepting enc
my Of Banks and Chartered Mo,opolies ?"
GFMr Edmonds, the Incorporating
opponent of Bank Monopolies, "voted, dur
ing that session. 10 charter ths Brooklyn
Bank--the Highland Bank--tln Kingston
Bank--the Commercial Bank o New York
tho Commercial Bank OF Buffalo-the
Oneida County Bank--the Sactet's Harbor
Bank-the Delaware Count Bank--the
Orleans Bank-the Albany Ciy Bank--and
also to increase the capital Of the Phoenix
Bank of the City Of New York-:he Ma
tional Bank of ditto-the Leather Manu-
featuring Bank of ditto. Aud though last.
not least, to charter, with special monopo.is-
ing privilege" NE Van Buren, Maaufac-
turing Association"
AS we predicted one of the ninefy-Riae edi.
tors Of the Democrat in long article, in his
usually BLACKBOARD style; throws at once the
whole blame of the insolvency of the Essex
Bank upon the Wing party. II is amusing 10
see The iai1yer-iike manner in which he twists
and twines his argument to prove this fact
because some 10 years ago the Wing Members
Of the Legislature voted for its charter this
sage Lawyer very gravey makes charge Of
the whole blame of its bad management since
that time-with equal justice might the bank
ruptcy Of the Treasury Department whom all
will recollect was occasioned by the skiilfli
management of the Kitchen Cabinet be
charged upon the Sages that made our Consr-
tuition, because some so or so years since they
put such department in it, Such reasoning
Mr.. Otice-Seeker wont go far with our intel
ligent Whigs-it is too shallow. We purpose
with few FAcTs, STuBBoRN FAcTs, to strip
the Lion's skin from the Ass'-and show this
! 10 be another LOCO Toco huuubuS. - -, " =
! IL is a fact, that while the Essex Bank had
a Wing President, the bills were redeemed in
N. York, and al its counter-now, that it is
under Loco Foco control, and its Loco
Cashier, and Loco Foco Leg Treasures from
| the West, practice the Loco Foco financial
style Of conducting such institutions: the bills
are not redeemed but depreciate and the pub
Tic loose Under the sub-tredsury like man
dg en,ent of these worthless this Bank is rapid
ly "Joliooing in the footsteps gifts iiustri-
oas predecessor" the " Windsor Bank"
IL is a fact, that the notorious, cheating,
specializing Sharing Mn the Windsor Bank,
'0as entirely under Loco Foco management,
its President, Tom Emerson, all will recolect
as an arch Loco, dyed in the wool.n
1t IS a fact, 1T WAS Per BANK, and had all
the Pension Deposits at the time ofits blow up.
Here is Loco Foco financial skill of the FRS,
water-here is sample of what il would be
were the vile sub-lreasury bill to pass.
is a fact, that the only taro, fraudulent.
shaving, insoirem Banks, an Yesmont, hare
been managed solely By Loco Focos and to-
them belong all the blame Of their Insolvency.
They are the desperadoes that cheat the pub
lie of their hard earnings-ruin the Banks,
and then gravely charge it upon the Wings.
Well may they cry =" down with the Banks"
Were all our Banks to be under Loco Foco
power, we would be the foremost in that cry
but we believe there is too much good sense in
our community to allow such Shapers to con-
tinue in power after Nov. 1910.
We believe that well regulated Banks, are
essential to the welfare and prosperity of our
country, by producing healthy and sound cir
culaling medium, based upon specie, and as
such, we will support them. With these few
remarks, we promise not TO infict anything
more Of the Essex Bank on our readers.
How desperate must be the state of a marty
that is obliged to resort to such nile weapons
as lying and Islander, to defend its-self--and
recruit its fast thinning ranks. Such is
the Loco Foco party in this state--and the
Scorpion is one of its weapons. Why does
not the Democrat copy from that paper p,
plainly for the reason that it is ashamed to re-
publish the lying biackgua,d articles with
which it is filled-and yet in one of its late
papers, il passed high enconium ON its talent
and ability. Can there be a particle of princi-
pie moral or political in such party
The Democrat is at such loss for matter
for his paper, that be devoles nearly t,ro COL
umns to blackguardt Trades upon our editori-
ais Of last week. We will not inilict upon our
readers reply to any of them, as we can gil
our columns with subjects more interesting and
edifying than taking any notice of his stupid
pieces He may blackguard TO his hearts con-
tent--we shall treat his articles as they deserve
with silent contempt.