The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1840-02-29

\
entirely agree with the Governor, that a
.' reasonable time" should be allowed the
banks TO prepare for a resumption. 1t mat
ters not whether it be to-day or Tomorrow,
but when it does take place let the resump-
ton be PERMANENT, and at the same
time let the banks be properly restrlctet'--
In placing upon them the necessary restrlc-
lions, let the wishes and interest of the peo- |
ple be consulted, as well as those OF the
banks. Let US have banking system so
framed and guarded that tAe banks will not
have il ia their power to again bring us SO
near the brink Of destruction as we now are
We are not among those who would 80 for
extremes. The time when the banks shall
resume. or what restrictions shall be placed
upon them, is matter Of erpediency, and
not of principle We can therefore, honest
ly differ with some of our democratic breth-
rem upon these points, and yet act in con-
cert for the general good. We are not for
discarding this or that man from the party,
nor are we for creating dissensons and di-
visions in our ranks, in consequence of this
honest difference of opinion. We cannot,
therefore, but censure in strong language,
those who have heaped upon the Governor
abuse, for the free, frank, and unreserved
manner in which he honestly expresses his
views upon the important subject OF re-
sumption, as we feel satisfied that his late
special message was intended by him to ad-
vance the interest of the people, and that he
threw himself, like patriot who loves his
country more than himself, into the breach
to save it from impending ruin. He may
have erred, which we do not believs but ii
he has, il has been an " error of the head
and not of the heart;'' we should, therefore
sustain him, Tor at least giUs him credit
far his frmness and Independence, e0er
were zoe 10 differ from him in his genera
uieUs upon reSumptisn.-Therefore
Rssotoed-That the annual message o
Governor Porter is we'll calculated 10 IN
spire US with confidence in his talents as
statesman and as sound undertaking demo
crat, and that we cordially unite with hin
in his recommendations for the better regu
la.ions Of the Banking system OF the state
and fully concur with him that they shoul
be brought under the control Of the people
instead Of having the controlling power.
ReSolUel-That tie Governors late mes
sage to the legislature, upon the subject
the loans, and the resumption Of specie pay
ments by the banks meets our cordial az
8 probation. The frmness and independents
with which he met the crisis, is a suficier
guarantee to US that he will shrink from "n
). responsibility" when he considers the inte
!. est or rights Of the people in danger.
:. Resolved-That we are decided advocate
Il of an early Resumption by the banks b
/ we wish it effected with the least evil to II
larges! number, and if it be necessary
4. grant them reasonable time" to prepar
v 10 render the resumption permanent, v
re say, in the name Of all that is good, let the
have it.
Of Resolved-That we are also as much
E. favor of a reform ofthe waseful extravagan
ri Of former legislatures. And in view ther
It, OF, we do hereby Instruct our senator Charl
at Fraily and our representative VIM. Colt
se oppose an appropriation of any money
y- the Union Canal Company, to the Dany
he and Pottsville rail road company and to al
ut ether corporation or local improvement.
,ir RssoiUed-That we heartily thank
k Governor for yetoing the bill appropriate
a. money to the Union Canal and POt.svi
ir- and Danylle Rail Road and several oil
ch incorporated companies, as il is no time
TX squander the public money upon stock j
rol bing speculation, when the state is SO
sx- yolyed in debt that it has to 60 begging
M procure money to pay its interest.
tie, ReS0,ved-That the frank, unreserv
hat straight forward manner in which Cove
wn or Porter has laid the affairs of the state