Madison Whig advocate. [volume] (Canton, Miss.) 1839-1841, 1839-10-12


1884, the Hon Senator urged upon
Ns'en ~ - creation of "a bank TO slfPPty
B.sek' He now advocates the
,rsrsl o. stem, sstripped" as he says ssof
frsssaiY bank,n and applied to the
= issiaio .ssupplying general currency"
81 %, y -. safe custody of the public
s,lslE - Hon. gentleman calls this
~s4s fsl -, upon the original model,
119ro'stL.,.sn OF opinion. Ii IS an i'm
set ;,b 4 vengeance. and the only
rfsSs. o1iniou which can De Pfedicateo
80 q Total abandonment, nor only OF
. IL A..-s but OF the original object.
snZlSsi -, which the Hon. Senator in
re s'sAia.ss = have constructed for the use
g. y, ~ me whole people, he now pro-
soai9n b. throwing overheard the
~ % i6p..-~;ng her into rerenue cutter for
ss- ana s..aavsnience of the government
use AID eoN'''''o
ne Han Senator certainly advoca-
Il 1884, - sheEs. both the power and the
l. As p. - General government to supply, ny
by o. ~ bank, general currency
V,n Bursn and the aohii az" Pa.y
II; sa,b the power and the duty OF the
dsal linen. - 10 NEEDLE with the "gen-
fssFh ss..~r'i or in any way TO supply or 60
= Z. Hon. Senator changed his opinion on
Us - or does he still assert the power
ssa2gs1.s governmeut 10 supply a general
D Irough the medium OF " Bank W
1sle .l'-s,s the charge against the Hon. SEN
IL has changed his opinion Oh the
--,,;on. offer his letter 10 Judge Black
~ ~ his having at that time advocated
- . that should supply and govern ne
go - fi,,-,>nrg. His letter of June affords
70 Hence that he has at length passed
.be hank purgatory, and arrived at the
-s.-.5ise. He now looks with holy hor-
- M hanks state or national. The Hon.
s-so.s own : vindication' proves that
a,cs in favor of banks for he &C
i-5-,es thar he wrote a pamphlet IN 1881,
.t.e5 H. advocated the system OF establish
= s.rb state, = one State Bank with auxii-
~ branches."
4, sbs,g that the Hon. Senator was NOT al
20 What he now calls himself, nara mo-
- S.r,ocrat.fs have referred 20 the follow
.i,,.en, rebuke bestowed by him IN 1887,
=, ~, dis,inguished "hard money demo-
~, Thomas r. Benton.
| : n ne DnayeT Of the country could De heard
~ Gr.1 .rgll,. Il teoldd be GOD SAVE US
| -s1v THE WILD VISIONARY, RUIN
- aND INPRA CTIC ABLE SCHEME OF
~ SENATOR FROH MISSOURI FOR
syrIrsTVE GOLD AND SILVER CUR
SeyCY f; and srlch is not only the prayer Of the
-.st-g but of the Senate with scarce dis
--r~fTV II.
- sould by his mandate, in direct OPPOSE
= "a inc views of the President, heretof fore
.,--..sed. sweep from existence all the banks
10 states and establish his exclusive con-
,..aonsl currency of gold and silver he
,,-s bring upon the country, scenes of ruin
| - ds,ress without parallel-an immediate
,-kruDtcy of nearly every debtor, and of al
- every creditor 10 whom large amounts
- due, a prodgious depreciation in the
re Of property and of all products, and an
| -7es ste cessation by states and individuals
as4hy every work of private enterprise or
,sfe Improvement. The country would be
F rslvsd in one universal bankruptcy, and
sf The grave Of the nations prosperity would
raaBs rep0se the scattered fragments of those
re- and glorious institutions which give hap
ssss 70 millions here and hopes TO millions
Ire Or disenthralment from despotic power.'
Vow Mr.. Benton never went as far in his
q favor Of an exclusive metallic currency,
hs Hon. Senator has gone in his recent let
: q June. The Hon. Senator's eloquent de-
sestlons, are therefore more applicable to
nssf than they were TO Mr.. Benton. Like
ackens they have, in the words of the old
E5Tsrb, come home to roost.
Tie Hon. Senator suggests that | must have
ssa deceived by garbled extracts from his
reech in 81. The above extract / believe to
: correct, Il It be not, | will cheerfully ac-
sloEisdge my mistake. 1t is not garbled, be-
.aase It fully expresses the gentlemen's senti-
nenJs in relation to an " exclusive gold and
liver currency and for this purpose alone it
: used. he was then opposed 10 the scheme,
not only as an immediate but as an ultimate
.as-for HE Benton never proposed to carry
INTO Immediate effect, and the Senator's OPP
oslti0n was TO its ultimate adoption; now he is
inss-f IN favor of imposing upon the coun-
" a. some future pepe-iod, this very scheme.
Oas word more and 1 have done with the
ioa gentleman's consistency. While he Is
a,hsrng reflected lustre from his boasted sup
vi Of Gen. Jackson-does the Hon. Senator
:. rsc0ect, that after the removal of the de-
ssiies. he openly expressed has regret that he
d srer rlstaisled General Jackson, and that too,
The most energetic and indignant language 7
hls memory should fail as to this point, !
and prepared at any moment to refresh II.
hs Hon. Senator has made many references
his opinions ex pressed on various occasions
.s.nst banks. Very well--this does not mill
le against the fact that he has expressed the
spOsite opinions ii only furnishes the proof
bis inconsistency.-The Hon. Senator may
are aiways reioiced in the name of a demo-
n, but that he has ALWAYS sustained the same
y OF political opinions is much doubted by
any people "a bottle may retain the same
bel, and yet its contents be frequently chang
The Hon. Senator having" vindicatedn him.
q, calamity attacks me, and turns the de-
.nslyc into an offensive war. This is all fair
I'd ught-I am glad to meet the gentleman,
ID viii proceed 20 examine what damage he
IS done.
First, the Hon. Senator, triumphantly char
Is me with having voted for the Brandon
ank. did vote for that institution and so
d the largest portion of the Senator's own
arfv the very persons who. at the same time
lsEated hIm TO his present station. No politi-
4 opposition was made to it from any quarter.
he citizens of east Mississippi, asked of US
as charter of a bank TO enable them to con-
'Tsst rail road to MobIle,-all the banking
md rall road charters in the state existed at
'aa time west of Pearl river-I for one thought
'aF fellow citizens in the east had a right TO the
'ame facilities Tor the construction of a rail
ead which bad been previously granted 10 the
.Azeas of the west. Unfortunately the Bran
isa Bank has not accomplished the objects of
: creation, nor fulfilled the expectations of
ae citizens of that quarter of the state do
~ hoad myself responsible for its bad man
cement performed what | thought an act
justice 10 our eastern brethren and I have
~ me slightest doubt, that the Hon. Senator
ssid, under the same circumstances have &C.
g precisely as did let him clear the skirts
l hose who made him Senator before he de-
ssaces has opponents. When the Brandon
'aaS dies, the Hon. Senator's own party will
-aerit as next of kin
As ITO the other banks created at the same
esson, they were called for to supply, accord
: % tue then democratic doctrine, the place
I ne United States Bank To create and use
,'a'e banks in lieu of National one, was At
al une part of the true democratic faith.
~. y sh did not then, nor never have believed