The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1839-12-12

same SOFT 81 paper 70 rescue Inc hCHefn-
ment from its embarrassmeutsi When
have We been presented with an opPouuai
t. Of observing such deep and confirmed
caliousness 10 the interests Of the humber
classes Of our population on the part Of an
American President, as that which aimed
10 strip the honest traders Of this coaiedera
cy OF the privilege Of borrowing capital with
which 70 prosecute the usual transactions
Of trade And where, amongst the record.
ed deeds Of the rulers OF mankind. will we
be adequate 10 The task of tracing the lines
Of such fragrant turplude as that which Mr.
Van Buren, has eyinced in striving TO i'm.
molate banking Institutions, in the creation
Of which he himself was an active and u
fuentiaI participant? II isaSelI establish.
ed fact, That with an eternal profession Of
hatred 10 tie United States Bank PLAYING
upon his lips, and with the sword Of des
iructIon Continually waving in his hand
against that Institution, Mr. Van Buren, BIN
self ouce petitloned for the location Of a
branch Of /, al the political emporium Of
New York. !. is an equally authentic por.
ton Of bis history, that he is now exer'ing
the whole scope Of his power against all
the banking institutions Of the country,
when the influence Of that party 10 which
he belongs has, within the brief space Of
lis authority, brought more Banking lnsti
tutlons into existence aud larger share Of
banking capital into circulation, than ever
sprang into being within ten times Tie same
space al any former period. In New
Hampshire and Maine, which are each de.
voted to Mr., Van Buren,, banks have been
multiplied and backing capital increased,
SINCE the Van Blren party became entFust
cd With the relus Of power, TO an almost IN
credible extent. Wuhin the same limits
Of time, the State Bank Of Alabama has
been established with capital OF more than
zen millions Of dollars. 10 Mississippi, a
Legislature, devoted to the late and the
present Administrations Of the Government,
raised the amount Of banking capital from
SIX to nearly seventy five millions of dol!
/ lars. III the great State Of New York, az
hundred banks, exclusive Of lnnumerabIe
\ loan and trust companies, have been warm,
/ ed into lie BY the iailaeuce of Mr.. Van Do
rea and bis party. In LouIs,lua, whilst
the party nov IN power vas invested With
the control oil the Stale Legislature, the
banking capital was extended from SIX 10
i fliy,tour millions OF dollars. And IN Penn
syiYania, also a Jackson and Van Bureu
State, the amount OF Banking capital has
been changed from fifteen 10 sixty millions
Of dollars, And yet, with all these broad
and stubborn facts 10 impress upon the mind
OF The American people, vivid aud eudu.
hng convection OF the extensive agency
which Mr., Nau Buren has had III the cree.
ton Of BaHks-h he is beldup with rapturous
applause to the world by his friends as the
timplacable enemy Of Banks, Wills, he mm
self has no hesitation IN placing himself IN
the absurd and unnatural position of aiming
at the destruction Of these lIi.tated creations
OF his own power and influence.
Whilst We are scanning the most promi.
nenl facts, IL Mr.. Van Buren's political histo
ry, we eanuot refrain from submitting to the
consideration of the Convention the utter
allacy and holowness Of all his professions
of devotion to the creed Of Democratic faith.
Was It Democratic to vote for the Tariff ID
its most odIous and repu|sIye torlas-a
measure which was universally allowed to
be founded upon a strained construction Of
the Federal charter Was il democratic
to vote for tae erection OF toll gates upon
the Cumberland Road--a measure which
is admitted on all hands to embrace the
essence Of Federal doctrines ? Was it
Democratic to support De Wit Clinton,
the Federal Candidate for the Presidency,
and Rufus King, the federal candidate for
the national Senate, during the late war
with Great Britain? Was 1t democratic
to sustain General Jackson's proclamation,
issued during the troubles produced by The
Null iaatlon era} Was 1t democratic to
sanction the eypunglng resolution which
aimed vital stab al The liberty OF the Sen.
ate, the prnciple ark of safety which has
been provided by the constitution for the
rights and freedom Of the people Was II
democratic to sanction he force bill, meas.
ure which was not only regarded as doubt
ful, but as a glaring intracton Of the pro.
visions Of the Constitution, by many Of the
most enlightened politicians IN thus country?
Is it a course which presents a democratic
complexion to exclude more than two thirds
OF the qualified aud vrtuouS men 10 this
country from those offices for winch then
ancestors shared the bitterness Of every
sacrifice aud brayed the Perls Of every con.
fllct merely because they disagree with HIM
in political SENTIMENT Isl: democratic to
overlook the farmers of the country IN the
distribution of the offices Of Government
Is II Democratic 10 prosecute an unceaslns
war upon the use of that credit 10 trade
which constitutes the vital blood OF the pros
perty of the people Is II democratic to-
bring the patronage Of the Government
openly, constantly and irresIs''biy TO bear up.
on the freedom Of the press and OF the cleo.
tive franchise Isn't democratlc--isitco con.
sistent with democratic prtnclpIes-that he
should increase the expenses of the Govern
/ ---.., a. ,,,,r. than 90 IN, l,,op ~ d,lIa -,