The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1840-10-17

- IL was uepUsl'eu III your Danh WOulu you
loan it back TO theml
Whig, Oh uo--lhat would bo ridicu-
lous--We should be afraid to trust them.
Dem. Butyo say the banks would
loan it back to the people; have they not as
good right to their proportion as any body
else has And who do you call the peo
pie. The dear people l suppose you
mean.
mig. Why we generally like to loan
i! TO those who want the LARGE sums, and
will pay the heaviest intarest--to stock bro
kers--spec onopoliss,and Attie
TO the mcrcbant.
Dem. Yes; and them you call tic dear
Ipeople--the first is a gambIer--lhe next
swindler and The third an extoriioner and
clutches all the products of the earth that he .
may get his own price for it--ond the other
lives on the profits he can get out of the
consumer, And you would have the poor
as well as the rich to pay their money for
the support for the government, which mo.
ney, you say, ought to go into the Banks,
to be loaned ont to such persons as th8se.
HH'g. Well perhaps it is not quite
right--but then we must all live you
know.
Dem. No sir It's not right, You must
live, but you must not be allowed to live at
the expense, and on the money of the peo-
pie. You may do banking business, but
you must do it with your own funds not
DEMAND the money Of people to cheat
and distress them with
Whig. We'll, really, have never taken
this view Of the case. What will the
Government do with the monoy-wil
they lock it up and keep it,? Our folks say
so.
( Dem. Your folks say great many,
things that are not true. Do you think
that the Government pay their employers
as our hardy whalemen are paid od'--a! the
end of the cruise. No sir. What they re-
ceive to-day they pa? out to.morraw, and
it circulates throughout the countTy--koeps
moving about doing us all good, It will
not be allowed to jump back into the vaults
OF the banks, TO be loaned out TO their
friends again; they must wait until the reg
ular process Of trade brings it to them, then
r they viii keep regular in their business
not expand and blow up the credit system
to-day only to have it burst tomorrow and
ruin the whole country.
WMg. There is some reason in this ai-
ter all, but it is not dangerous in having so
many Sub Treasurers
Dem. How many?
= Uh.g. Two or three hundred sup.
) pose tne.e must be.
Dem. Ha ha ha You Wings who
think the people don't know any thing, arc
the fools yourselves, in trying to deceive
! them, you are deceived and made ig
G norant yourselves. Why, there aIe
only SIX ub-Treasurers-one in Dos
tDil, oi0 III 4NON OlA, puo ii AI4duCJ
. phia, one in Charleston, oRe in st. Lou
II is, and one in New Orleans.
C Whig. Is that all! had been tolt
r by my paper that there were many more
Do you think they will prove as honest as
S The bankSl
} DEN. Honest as the Banks! Is Ste
: phen Alle1, the receiver or Sub-Treasurer
as you Wings call him, as honest as YOU
G bank Presidents and Directors think
= your
Whig. Oh, yes, Mr.. Allen, believe
Il is very honest man. But swarlwoat
= Price, and others, you know,ran away with
u the government money!
r Dem. Yes. sir, know they did, and il
0 you Wings had allowed us to pass the Sub
e Treasury Bill at first they never could have
n got it to run away with. 1t was by hav'
# ing a connexion with the banks that they
were enabled to steal, Instead of their put
J. ling it all in the banks, they put portion
in their own pockets, and the banks were
never the wiser for it. Butnow they must
deposit every day with Receiver General,