North American. [volume] (Swanton, Vt.) 1839-1841, 1840-06-24
Miscellaneous.
nANKs oR so nANKs.

minded democrats ia this county who,
the unhappy alternative we,e alone pre-
senied IL lhrm of federal Cniled State
Bank or = continuation Of the system q
exclusively pfivilrdged State nlonopolies
would decide readily and earnestly in fsvo
81 the former. Better single desrnr
however absolute his role than the calling
tyranny n 4 contemplate oligarchv
While a federal United States Bank !.
NOT more dangerous 80 The principles ~ po-
hIiesi liberty, its influence wouid be laf
less prrjudieisl tn public morals. Men
NAV draw oct sickly existence who live
ia the infected pufliens If a mnnarch's
court but the moral health If a whole
country suffers when it is under q domin-
100 of league Of petty tyrants, who fix
their residences in every town, and faint
the universal atmosphere with the conia-
rion OF luxurioHs example. Bad ms IS the
monsrchieal principle of federal bank, The
arisiocratic principle. which would dsiri-
butte the same tremendous money power
among myriad Of privileged institutions
scattered throughout the Conlederacy. is
worse. Mankind suffered heavier oppres-
sion under the rule OF the ieudal barons,
thar they ever before suffered when poIiti-
cal power was centered in the throne.
But .hey arrived not at the rich blessings
Of freedom, until monarchial and feuda-
tory tyranny were both overthrown, and
the doctrine of divine right and exclu-
sive privilege give away to that OF uni
versal equality.
If any one would take the pains 10 com
pare the financial history oil England with
its political, he will find surprising anal
ogy between them. |, would well repay
an ingenious and philosophical mind to run
the parallel. He would find that political
revnIsions, as well as commercial, are the
inevitable result, sooner or later OF confer
ring exclusively on few the privileges
that belong, nv nature, in common To all;
and that all violations Of the holy princ-
Pile of equal rights, while in politics, they I
produce tumuts, instructions, and civil
war, in economy exercise corresponding !
and are followed by panic, revul-
sion, and complete overthrow OF all the
established commercial relations oil socir-
~. The great Fundamental maxim, both
nj democracy and political economy, is
that which declares the equal rights, Of
men. This il the bc-all and the end-a o!
the natural system of government. II is in
the political, what gravtation is 10 the
physical world, n regulating principle,
which, left 10 itself, tremendously arran-
yes the various parts ot the stupendous
whole, equalizes their movements, and re.
cation. Monarchy, aris,ocracy, and all
,,her forms OF government, are founded
IN principles which deny the equal rights
II mankind, and they all attempt to substi-
ute an artificial system for that Of ma
ure. The effect is sometimes 10 produce
seeming increase If prosperity for time:
mt nature avenges her violated laws ,
ooner or later, and overthrows the unsub-
tan,ial ediiice OF presumption and pride. /;
The great end at which our exertions I
re aimed, is to institute the national sys- {
pm in oil matters, both of politics and poll G
icial economy. We desire In simplify X
and conine it 10 the fewest @
imposes compatible with social order. the a
,erc protection OF men from mutual ag- $
rssions. We need but few laws TO ac- r
omplish this object. We need particular a
r few in regard to trade. What is the {
,hole essence and mystery Of trade, hut n
n exchange Of equivalents TO promote the :
nnvenience Of the parties tn the barter. q
cave the terms, then, TO he settled by Ii
,en's own notions Of mutual convenience II
I'D advantage. There is no need of po- g
teal interference.
Extreme simplicity is usually considered 4
he condition of barbarsm, before science 7
nd art have raised man from The degrade p
on Of mere animal nature. But the saw b
IL that extremes meet, is as true in poll 2
cs as any OF its applications. Simplicity
Iay he the goal, as well as the starting
oint, Of social effort. Is il not fact,
erifie,l by the observation Of every man OF '
mind, thar in religion, in liiera-
ire, and art, and in the conventional man. a.
-rs Of a community, simplicity and refine y
lent GO hand in hand. As society advan 9,
-, i, throws of its cumhrous forms and
ceremonies ; il fellows more and more the
mple order of nature, which does moth
~ in vain, but carries on its stupcndous
reralions by the directest processes,
hiking cause AMI effect, without superilu-
Us complication, and adapting its means '
18th the utmost exactness TO the end. =
compare the nations Of The carlh, and see r
simplicity and refinement. do not always re
. together, in whatever respect the COM m
arison is instituted. In architecture,
Inv are the Gorgeous edi6ces of Constant