Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1840-03-07

t' d. luFryCr bsh 'd ruiri tins W sttahc cJfcr al
Disaster, b. the3r bank p'prr msserS. And 81 ne
system has been hl' tu thc pssi, What t1pe can D.
IniJ'gcl Ilr Tie tgturr. now thai 'Ae sys.em has
hsrn weakened bg 40 maav fls ~ er rley -uow
that public confidence 90 these distributions, f uHt
entirely sNtrru,shsi, ., rs irsyau eos @. ne slaa-
uul flur .n 81, list aim ant ekpHng acsrnng-
uoN tlai ne MYSTERIES oi iar system are uavelrt.
ant l'S .ns catalogue ~ crimes and ilu4is ere 'a-
Ia disclosed and us tcnlrax.nr sat snu. Repph
can 'rn'tHfe, terfapsj and l', prrttpns effects
upo5 We ultaaaI industry well understood Aud
>I-, to' 1n., dHt- HI tNpvrtRtc vag3cWH tic syS-
tenn, bs, reason e. is us ihat 'is psptr never s "a,
can n be, convertible that the spfvty IS ua} iu tire
,oun'y, 20 redeem b that ats hss> H. q dc,H.te
confidence snj EVENT. lhr banks Should OF aH times
b. ready a empty d their yaulis 10 redeem their
Z paper. HAT iNuthrs Of It always IS, ana ever
uUst D. entirely ,HconscrtAr Nhcr sr. tie
taaks sud thea aivagalgs premise uSs currency al
al times convertible, tves, day aad hour and a1.
uynt nta gnli and btt art Jhcy not aware t.at
/ they promise ,h1t which ihcy know they cannot per
nrm, u ih- holders 81 llr,r NOTES demand rs they
have a night 10 90. their redemption N specie l.
not, therefore tue promise iosr. fraudulent ana de-
ccpu,c and Should uo; at. honest men awake from
1 tbc dpnSan under utrh ST. tuaut Of them have -
long 1bot,d. aud pm 90 thr gouuas work of aheu.
3upuE 900 oduus IMMORAL ana auu.Rtpuu' ran
system Nlf whatever delusHN may have hereto
fore prcyauti oa tis subject, NC ngN know, With
absolute ccuHnly that SEQ iar irem these Mates
beng ALWAYS convertible; HEY ate iHeaHyeghe
from The inflated prices snd over impouRuons. and
consequent demand lgr specie which ever must and
Vi cusur. upon The reorganization Of ihe banking
eys'caa. Lci Us thru rmanc pate American INDUS.
NV from lhst ro.urug suspense, tia, constant
change aud revolution % which q must ever Ne
subjected llnm rc expansions conmc'Hne, and
commissions 81 fIc paper system and y Wi rHa tt-
umrhJHt over 1li obstacles 4g home and abroad Ia.
Gal Is the mistake that thus banking system Is ii.rnd.
IN ln commerce. NJ Vr y taxes aud tiards II by
constant cuuyu|sous bankruptcies ind usaripus IN
trre.l American commerce, nreign sud domestic,
must depend upon the great prodocts oi ulI our n.
dusfry Of ail uur agriculture. ana at our WRnut1e'
lures aad our commerce wi. be must lWly tuurish-
nr wh,n We raise anl mauahcfurc the greatest
quantity pruducl, 80 sale Of exchange at home
and abroad Under lhc present system. The mrr
Chants are thc slaves of thc banks, and the banks.
tie miserable dependents ol lufeEn moucyei do.
mlut,n mnra nnWeiiH than our ptn, because VIri-
dug q larger specie capital The age ul monHq0-
r- und restrictions Is passing sway, aud We enc be-
p.nnnr a. lcafn Hat lree indr-irndr uniritered
hy a,GcfI syFlrms, toy bank, or htlIs, ~ The true
Antrean system. Il s ,It. lhal WlIl render = ia-
uG unnecessary, pud iH iJri alnftHs 10 every sec.
Iouuf tie Umon b +. tbs that VIII Secure lausr
uoi oa,y an that yc dffrr ~ our own mal krts but
It vii BE- the golden key lIpl wlll unlock, 10 uurrN-
ports of every kind the pHrls ol me world The
navigating interest, rprCnit. ib1l glorious nurse
~ %, uut navy, wii0 hcl Hrw and wonderful, i'm.
pulse aud our vessels rlrrrung onward upon very
sca. WlIi carry into every pom fbe glorious stand
ard Of our then lfu'y independent, free, and happy
country sad all thcptpcf rantractons and oNpan-
/ SONS r,uu and ronyuisInus which Jave o1crNhtIm,
/ cd our udusTg, npon 90 average, uuc scar opt 81
/ l'r.r Coz neatly lht gst tat century VIII cease "a
b,rl.s u7. and be- remembered only ca The visions o
~ nghuu, Dire ~, UrEDrBgaiu Ia disturb our sum
ber..
Bu.ng the recent canvass ~ my own StGie.
called the attention 81 my constituents 10 the con.
dll,on Of toe agriculture ol Cuba, #ilhn three
da,s spl of upr coast, as coutptlod with lhul Of
Louisiana and M,s,-eippi. And What Is the 20.
suit Why, that Cuba, though labonng uader
the disadvantage Ul Hrrlchrd Government, sun,
with her exclusive specie CURRENCY, couqucung the
tamil, Of Europe and Amruca, blup the world
with her cxporl-, sold st profit and enjoying,
through hcr greet and prosperous cities, au auuu.
N increase # lony-lhfce millions uI dollars from
"a Formulation Of less iAn q million, and bat lue
mora half q mllipu ct whites SE, as q Ms
.t..iauIan. uiil not dmV ibo gloomy plclatc 81
n,,,. avn emb.um,-ment.. But str ! viii ask The
,a,..e of the difference We baye IN Misslsstp
,, mn infinitely better Government Than Cuba, o
much more fu' 4htucd and energetic people, a
mare lefl,Ir -ou aud d ucher staple. WY then
,ro. ,r thus embarrassed, whilst Cuba is prosper.
,p.1 No other ruu.c can be assigned, than he
bank papef system Of Dbe one, and DE solid spe-
& IL. I,. ..l.i g..
Massachusetts, clled thg example Of SPAN, a4 "a
dep,c.-cH and Impoverished though bard money
county. SPAN hl- bern tom lor yeats by m
eIpp aar. M intestine c"uy0l SONS, dfyWL lhe
farmer nom h. plough, aud Ne manufacturer
Gomhis workshop, uud sacrificing, So a lud q u
ceu'ury. lhc Iiges ol al ieaa tao millions OF her
people. BIZ, r We wl.. fead lue page II history,
Spalp furnishes tie moot hIn-ingut warning
ngatn,r the drIusIve doctrine, that even CONVEX
ni,e or actual specie currency, i 5upooJgDdaHL
ls at wan ata lhe industry % any nation; and
lbs,ila ruperabuudaui whether stuck Ut upon
a taol plate, N even attained in specie 81 non hc
result u lhe natural lga- Of iair and ri ihe pro-
dg.i. ofln4usiry. IS ha ore 'Hc facts as 10 Spa.l'
Sic was once most prosperous and powerful
nation. Ihs vas DUNG ,Aal portion Of iHe rolgu
Of Ferdinand and Isabella, hen she was not
oycfahe' med by saperabundan, currency, md
after ,he recovered Rom The shock Sir that
most nble historian ptcg>or d Boston, "a d,slir.
guisbsd Wing, m hls History Of Ford nand and
lsahea, says spcaNng0 The period ~hen Span
mad seized uaon the silver mines Of Mexico, pour.
cd them ho,newatds almost without tabor. md not
m exchange Tor any product and then, deemlng
20 ..,.,...,....,, ,,,..,ac If eurfppry. ~ ,,,E. Il