The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-03-13

a
tending parties. The recent doings Of that
party prove this to be the case most positive
lly. Banks and currency has been the sub
iect of leading interest here. and in reference
to that subject, they have strove to place
themselves before the public mind in a pop
ular position, and to assume for the Wings
without their concurrence or consent, an at
titude as odious and unpopular as their inge-
nuity would admit Of. In the face Of the
plainest truths, they have unblushingly as
serted every where that the Wing party was
, the friend, supporter, and advocate Of all the
! banks in Mississippi-th they were in IA
vor of continuance oftheir deprecated pa
per, and that the banks were, in fact, the head
and front of the Wing party. More positive
Ifalsehood could not be embodied in one ar
lgument than this.
The Wing press has opposed wholesale
land indiscriminate SANDER of private indl-
viduals, whether they were connected with
banks or not, while it is a notorious disgrace
to the press, that our opponents have almost
Invariably INDUCED in the grossest bacchan-
allan abuse of many private citizens, because
they were or had been in some way connect
ed with banks, either as officers or stock
holders. The Wing press has also endeav-
ored to give, from time to time, correct in
formation in regard to the situation and sol
vency of particular banks, in order that the
people might not be gulled into exorbitant
losses by suffering greater depreciation than
might be prevented; while the Sub-Treasury
press invariably here since they turned anti
bank, denounced Unfortunately every
bank as utterly worthless, and unable
to pay even a portion of their debts, thus
causing immense losses to the people, by
fastening the depreciation of all bank paper
much further and faster than even the actual
circumstances render it necessary. The
Wings have opposed rapid and compulsory
measures against the debtors to banks (which
is one half our people,) forcing them to make
immediate payment to the banks, in order
that they might the more speedily wind up
their business; while the course pursued by
our opponents has been such as Immediately
to ruin every man indebted to banks and their
endorsers, merely for the purpose of enabling
the banks to make rapid payments to their
foreign debtors.
We challenge any candid man to say that
the general course of the Wing presshas not
been such, in relation to the whole question
of banks and currency, as to protect the in
terests of the people, irrespective of the inter-
ests Of the stockholders of the banks. We
deny most positively that any portion of the
Wing press in Mississippi has ever advoca-
ted the interests OfMississipPi banks, unless
it has been consequent upon the advocacy
of the interests of the people; and we at the
same time assert, in view Of thousand facts,
that our opponents have invariably pursued
such a course as greatly to injure every man
who either handled Mississippi money, or
were debtors to any of the Banks.
And what does the subsequent acts of the
Sub-Treasury party prove in regard to their
course? Before the late election, they as
serted a thousand times over and over again
that they were in favor of an immediate an
Inhalation of every bank in the state. They
said that the vacuum would soon be filled
with specie, and the operation would be a.
mere change in the quality of our circulating
medium, from deprecated rags to gold and
silver. They said that the Legislature had
the power to make this change forthwith,
and they appealed to the people to send them
to the Legislature and they would instantly
bring about this state of things. They were
elevated and went to the Legislature, an
overwhelming majority, with full power to
consummate their wishes and promises to the
fullest extent. After the election the tune
came down in tone considerably. The Mis-
sissippian, the Columbus Democrat and the
Natchez Free Trader were instructed to say
to the people that they were not going to
destroy all the banks, but merely to examine |
and seperate the 'tworthy'' from the "un-
worthy ones, and destroy the latter and let
the former live. Other presses Of the party
rejoiced that the .'intrinsic question: was
to be settled. ''Bank REFORM was to food
the country with specie; shinplaster rags
were to be done away, and the ''better cur
rency" was now to be ushered in in good
earnest. The Wing press throughout the
state called upon thesub-treasurers to carry
out their principles, to stand up to the same
rack which they ate.at before the election.
After awhile the ''august body'' assembled
and in due season they went to work at the
glorious and delightful task of metamorpho-
sing the deprecated paper of all Mississippi
into gold and silver. Abundance ofstation-
airy was provided, and at itthey went. And
now we would respectfully beg leave to en-
quiTe, five may be 30 bold, what have they
done! Gentlemen editors, gentlemen DEM
agogues, and gentlemen Legislators, what
have you done! Where is the gold and sill