Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1839-09-12

.l..lz q. 49,
from the style and tcmpcrof tho letter now ii
der consideration, that he has no prerensions
, that calniness and candor which the investiai
n ZION Of sucha subject requires What heay
Imnglnation! What. d licentious fancy! "
an effuslonof windy words!' What a To- at
frothy defamation. Take this letter. ,onncS
ION with the one to which il IA d re-. &. and N
have as fair specimen Of pure be cast, as cal
| pc readily found the first ess oriuveni
politicians ~
And whit do Mr.. Wake md his eighteen
na'teflng correspondence can by their ire
Imendous spuiier about . banks OF their owl
lcrea'iong ATpyopos, AZ lhe head Of these cor
respondents stands A. .. McNutt, who. as has
been shown bylh{ locate, voted fol charter,
ling fifteen Of ihel IS in this State; and mis-
cradle shinplaste establishments the most Of
Ilhem are. And Jw the same Mr.. McNutt, in
the letter whI .lhe heads. speaks of "a thou
sand corporay Jns (banks) TO lord it DER the
land" and ks, "Shall the people control their
own GOV meni, or shall the banks be the
lgoverH Harmed with the iron rod Of power
TO laS ie lreemen Of this republic into hum
ole .nlSsiong' Whatg aring inconsistency!
W. consummate effrontery! Fifteen Out OF
w thousand banks in the whole Union, is a
ry great proportion for one man TO have an
.gency in making; and it is fair TO say, that The
creation Of all the banks in this State is Justly
chargeable 10 the party Of which Mr.. McNut,I
Is the CHIEF leader; for, according to my un.
derstandlng of facts, every bank now existing
N the State was created at a time when the
Democratic party had decided and undisputed
majority, among the people and in The legisla-
lure They have uniformly trumphed in
ms state ever since General Jackson was first
run Tor the presidency, until the last Congress
sional election; and have had, consequently.
during that period, the government in theirI,
1wn hands 1t was in their power, therefore.
slther to grant charters for banking inslilu- t
ions, or withhold them, as they might choose. L
lhey chose TO grant them; and the mischeyous 4
multiplication of banks in our State is the II
run OF democratic legislation. Why then this a
urlous war, which Messrs. McNutt and Walk TX
:, and their CONDUCTORS, have waged against Il
ne work Of their own hands, with so much q
cal, vaporing and self-approbation? Ii is, in Al
eed, an odd affair, and, 10 give an illustra- b
on, may be compared 10 the tricks of incen. B
laries, who set fire to a town, and then claim
g 70 themselves credit for joining in the out Sc
y ana pretending to use great exertions to tn
rest the conAagration. Ter
Lei US now 60 from our own Mississippi TO co
9 general body Of the Union, and we shall as
&c lhat democracy ESQ called) triumphed there cl,
., from the hrst election Of General Jackson be
~ the Chief follower of his footsteps succeed wi
MN az the White House, period Of eight fr,
ars. great majority Of the banks created Isl
mn Tins period, in the different States, were mi
course the work of democratic legislatures. OF
10 now prolific was that period, beyond all lie
ample, IN the multiplication OF local banks. III
zen II was seen that the National Bank was tee
amed 70 deslrueion! The epithet "(ederaln as
nevertheless attached TO these institutions of ru
nocfa'lc power, as we'll as to the two nation. pc
banks which existed in succession. A word abb
OUT these two institutions. The first one the
S enacted under the presidency of General thi
ashlngton, who achieved our Independence +; clip
last one under the presidency Of Mr.. Madi- Sta
J, the chIei archltectin laying the founda- Of
ana raising the superslructure OF our re- ted
'lican edlfice. Call the former what you MOI
bose, M. Walker, butif you name The latter we
erai, you will betray your ignorance Of the raj
'ss PeIlous financial crisis that the General ter
yernment ever saw, previous 10 the eyiIIthe
ur In which General Jackson laid his awlullsti
.iches upon The vitals of The currency. ed
y not 60 into the history Of that crisis, fur yo
er Than 10 say, that the late National Bank do
IS carried against federal opposition, by nu- Gel
rIcal republican power Ii was in its ORR US
and object real republican institutions tin
The inevitable. irresistible inference then. Pr
that all assertions or insinuations charging mi
on me Wing party, or any other party OK III
p the Democratic party, an exclusive or Se
in creating the Banks in this I'm Sc
l,or lnihs State, are llibcrai, unjust, untrue ed
q hypocritical, A CALM OBSERVER. ha
= I'm,
For fhe Liberty Adrocete In
10 the NuIliiers Of Amite.---No. a. OF
In the three preceding numbers thas been Ith
iply demonstrated that the Nuilifers instead E,
winning laurels by an anal gamalion with tn
~ Buren, Democracy, will covcr themselves hi