, 1840-10-31
THE JOURNAL.
SATURDAY, OCTOBER 81, 1910.

political contest is emphatically, whether we
shall have a Bank or no Bank? Often as this
question has been settled by the people Of
the United States at the ballot box, it must be
apparent to every one. that this is the real point
In issue between the parties. Concealed as
1T is by the wing managers, and covered up
by the thousand and false issues made before
the American people, a National Bank with
its concomitants, a high tariff and a splendid
system of internal improvements is the
real question on which the voters of this wide
republic are called upon to make up their
verdict. Have the people ever looked calm
ly at the consequence of placing a party in
power for the purpose of establishing a Ma
tional Bank? Have they ever thought seri-
ously of the danger Of uniting the patronage
of the government of the United States with
that, that will necessarily follow the estab-
lishment of a great monied Institution. that
will be indebted for its existence to the efforts
of one party alone? Have they forgotten
the influence which it welded during the
duiIiiliStld lio ~ Scuis JdChSOu. I1dNt tLitN
forgotten the struggles it made against the
extraordinary popularity of this wonderful
man?
1t was an anomaly in the history of the
world, TO see the money and political power
antagonists to each other during his admins
tration. 1t was a strange state of things TO
find the executive head, and the head of the
vast money power of this Union at war with
each other. 1t has been well said by 4 dis
tinguished politician, now no MORE, that
s'male and female made he Them" They
are one and the same thing-they live and
move and have their being together-and it
was a sight which the world will never per-
haps witness again to find them warning with
each other. If instead of their being oppo-
sed to each other, they had been at peace.
and the Hero of New Orleans. and the Bank
of the United States had aimed at the same
object. and Genl. Jackson had used the vast
patronage of his office TO its attainment. and
the bank had aided him with its tremendous
influence, what might they not have done'
But how much more dangerous to our free
institutions will be the Union of the patronage
of the government at Washington. and that
of a great mammoth bank with its 20 millions
of capital, and 900 millions of circulation?-
Coming into existence in a time OF high po-
litical excitement, and claiming paternity
from one of the two parties alone, 1t will IN
the nature OF things become a political ma
chine in the hands of the ~reigning dynasty.
1t will necessarily be devoted to the interests
of that party that gave it birth and brought
it into existence. If, as is alleged, the pat
ronage of the general government is to be
dreaded, if it can buy up the presses of the
country and thereby regulate public sentl-
ment--if it can influence men OF talents and
learning by the hope Of Office, and the prom
Use of reward, how much greater will be the
influence of the government, and a bank
with its branches scattered over the wide ex-
tent of the Union. How many Intelligent
GERS, Enquirers, and Globes will they keep
in their pay! What an army OF dependants
will they have ready and willing to do their
bidding! What a vast number of friends
they will control by the accommodations and
discounts Of the bank?
The Wings complain much of the patron
age of the Executive. They complain that
it is used to the advancement of the party in
power. But whenever the patronage Of the
money power and that Of the government is
welded and can be controlled by the same
party, then will they have cause for com
plaint-then indeed they may declaim against
the dangerous influence of patronage-and
then the patriot may well begin to despair of
the republic.
Coon SENrrMENT-ln 18l5-16, Daniel
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