Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1839-08-13
Fon THE SOUTHERN ARGUS.

ne SSicHCc VI poittlcat economy es-
necially SO far as it relates TO The subiect
afbanl;ne. i bne which more thar a.,
80. 5000 - a,...a.a.,, .,.-a..:
o''s'' SENS = - = p'esen'' attracting
the al'ention OF stne puolic MIND. One
can scarcely find a crowd in which he
will not hear loud and violent debates q n
,ea ali a,c.oss;;,,o ,.,;o.,,f H. o,,..a.
~ S1's' = '"S o1' s''5'
ms . certainty matter Oh lhe oeepest
political interest; and although on this
subject, as on all others, we frequently
hearmora b;,,er ,sen,,,,nsc;a,;on ,ban s,rong
- -,
= 1'''sn'S, a"e N.Y. 'o'e ,a'','''On
than SOUND loglc, YET we should always
Hope that good wiIlsresult from popular
discus sion. Such. at least. IS the repubIi.
c:.4s TT. s. .L...l
a. "'s'.' 49, s' : 80 :
wlll prevails al1nOuga rom tne. strehs1h OF
human prejudices, rs progress IS gen.
orally extremely slow. Il Is true that
we are not prepared by the adoption
OF the maxim, : k0r pop q, cor LEI, TO
larrogate divine infatlIbalty for the people;
yet we are Tree 70 declare that we know
OF no earthly tribunal on whose wisdom,
justice aud importantly we could with
more confluence rely than on that OF the
people.
From some cause or other Il Is an IN.
oenlaD:e iacss mai az inc present time, the
Opinions OF large portion q society, on
several important sunleels, seem 10 De
very unselllea. One man = heard adyo-
callhS a National Bank, ana another tne
SuD,steasury; whist inlra ls engaged 10
oehounclng not only NATIONAL BANK, put
: al oiner Banks as more pFoItle OF .eyl's
than the box ofPandQra. Some seem 10
S think an entirely metallic currency the only
4 remedy for the disorders of the times; and
a few bold visionaries despising s'the wis
+ dom of the worlds grey fathers" are
openly advocating the destruction of the
credit system, hv abolishing all laws for
the collection of debts. Indeed, society,
even in our own state, presents a perfect
chaos of conflicting sentiments. Should
we take a somewhat more extensive view,
: we shall find but 100 much reasonto fear
that ultra SIN not only in politics, but in
religion and morals foo, is becoming the
l order of The day. In New York, w be-
t hold an atheistical sect, under the auspices
of the redoubtable Fanny Wright, preach
, ing agrarianisrn and other doctrines SUBJ
vers;ve of the very foundation of society.
TN the other ha d the Northern Adolf
tionists, composed principally of Jealous
Christians have become more righteous
: than the Anostle Panl. are Indignantly
: discIaim;no an fellowsh;n with slaye-hold.
ers. oainS i, Is really aro,s;no.to hearsome
of onT na,r;ot;c donbtless. but certainly
v;s;on,rv f;.llowcitizens of ,heS ,u,h. disco.
urse on the tfanscen,lant plories&excelsen
cies of the S,h.treasurv. Some of the new
c converts 10 Van Burcnism seem perfectly
st fanatical on this subject. According K
these gentlemen. since their ewes hay,
bern opened to the new light, the late q
le s. Bank was a monsirous vampvre th:
4 had well nigh drained the South of its lif
Il blood. The Sub treasury. however. whe
n il shall get foirly into operation. will set a
th;nqs rioht. the lann of Aladdin was bu
a very tyne of what il js.fo be. But moi
: withstandinp these discordant and ex,rem
opinions have been sci aaoat. we have fu
er confidence that the practical good sens
e of the people will be able to detect fhei
4 falIacy and their dangerous tendency.
|. But 10 return from somewhat of d
at gression. The subject of banking is on
% which appears to be involved in grea
deal of unnecessary mystery. MANY per
sons speak as if they we're .profoundiv ig
= nerant of the subject. They seem 10 con
found the abuses to which banks arc la
bic with the banking system itself, thai
e, which nothing can be more unfair. a
$ well might we discard philosophy on &C
4, count ofthe fooler Is otthe.schoolmen, OF
" republic lnisin, IN disgust al the atrocities
OF the French revolution. file truth IS
is banks. ike every thing else under the sun
e are liable 10 gross abuses, and It IS more
d than probable that the people OF M,ssls
slPPl have 3, en- made the victims OF TN
base dishonesty OF many, # not most OF III
: banks OF the state. We would not delent
h the dishonesty OF banks any sooner thai
that Of mdividuais;eut we would rot rashl,
i aooaSls a system on account OF Inc. ecca
: sio"al lrregufarily Oh us ACTON.
S aa -, ao,''' ne'. oa an s'Ges, quo
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