The Ohio Democrat and Dover advertiser. [volume] (Canal Dover, Ohio) 1839-1840, 1840-05-22

dangerous to our llberuesi BY whom
is this immense power Welded Bya
body, who in derogation Of the great
principle Of our insiitulions-responsi-
bilily TO the peOple-is accessible only
to few stockholders, and they chiefly
foreigners. Suppose an attempt TO Sub
vert this Government, would not the
traitor first strive BY force or corruption
10 acquire the Ieasurs ofIhis company
Aud again:
..Are we quite sure that.on This sice
Of the water, il has had no effect favot~
able 10 BRUSH iniereslsi II has often
been stated, and although do nos
kno W -thaiitIs susceptible ofslrict proc;
believe ii to be aisc,, that lhIs bank
exercised lie influence ID supPelt OF
JAWS treaty, and may it not have con-
tribuled 10 blunt the public sentiment or
paralyze the efforts Of this nation against
BRUSH aggressionP
These, then, were tho statements,
the fears. the sentiments, OF the Sen
atOr from Kentucky. They were then
true, so are they now; for the ruth has
not changed, though The Senator bds.
Can it then. fer moment be doubled
that The first Bank Of the United States
was in fact, but branch ofthe English
sys,em!-that Gen. Hamilton and his
party, who introduced i, here, still ems
terialned their old affections for the
forms of British Government! Can j.
be doubted, that they YET cherished the
hope of ENGRAVING the substantial fea-
lures ofthat Government upon, our Con
s,ituiiona Who doubts that they bro't
inIthe banking system with that vleSf
And who, after looking to The principles
and progress Of the system, can doubt
that it's tendencies one and all, are in
fallibly 10 that result? No impossible!
The very question now pending before
us, is but summary ofaIl the results;
a concentration OF all the effects Of the
system, thus far in its progress.
i Yet, sir will not come too abruptly
up to the present period, bu, re,ula
back upon the line Of eyenie, TO the
poin, where the eystem made its en-
D trance into our Government.
The Bank wss founded upon a ma
. tional debt. constituting slrnos, the en-
e tire body of it's stock; and Nhyi The
reason Is obvious. /, Was de,,sed Ut-
D.. on political motive by the founder Of a
4 political party; and The psr'y itself was
, TO be organized permanently upon The
basis of The institution, as the controls =
/ ling centre Of The paper system. twas
therefore, necessary that such sn insti-
iu,ion should rest uron q foundation
; both durable end political by its rCpnec
tion with the Government. The ma
| tiohal debt, it was evident, would sub
ss. for many years; and was doubtless
intended by The party 10 become, like
r that of Euglsnd, not cnly permanent,
t but impossible ofpaymeDt. Here, then
was a solid basis upon which the party
could stand while in power, and rally il
, expelled. Hence it was, that when
, over,brown in 1900, the Anglo Federal
! lists, although in minority, Inundated
, with shame, fell back, and instead Of q
y flight, securely concentrated upon the
, banking system. Hence il is that We
D now find them there, still warning for
the empire of the few over the rights oi
the many; and hence it is also, that we
f now behold that political phenomenon;
a party, every political principle ol
. which originates from and returns back
into, the single idea Of money; an idsa
10 which, with them, Government itsel
f is secondary; one form being preferred
TO another, only as one. more than a
5 mother, may enable the few. "lhe rich
and the well.born," to subsist upon the
, unrequited toll of the laborlous poor
3 Yes, "all communities divide them,
selves into the few and many; The frat
Q are the rich and well.born, the other the
b mass ofthe people," So spoke General
Q Hamilton, the founder Of the party and
8 the psper system. Thus presenting the
y idea of money, no matter bow acquired
D as the fundamental principle ofhis pol
| itics, as the end of government, and
. government as nothing but the appro-
pirate insirumen, Of plumber. While
I on the other hand, his great Antagonists,
Mr. Jefferson, the ilustrious founder O
the ever glorious Democracy, with a
soul subIimely elevated by an innate
= sense of iustice-by aneall embracing
I sympathy with his countrymen-with I
I mind far far reaching TO the future, be-
= yond The forecast Of tho ablesl Of hisagt
0 took, nobly took, liberty as the basis o
Government; equal freedom to all az
the means Of sustaining il and the hap.
r PIness Of the whole people as its right
' ful object. .s.5.,
O (Concluded next week.. si