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


y. whilst more than one American paper lUcBl.
los should feed be- guests from golden fishes.
containing he tongues sHs brains OF the costtSS,
birds, Wals al were served from tables Of pearl,
sud rcpossJ upon the oouchss q down and NotN.
lts, hY no oiher possible means Can pinccY ior.
tunes be accumulated % rapid, as BY this system
a ASSOCIATED and Incorporated Neal,a, making,
and laaung, ard recalling at pleasure. a0l he
money Of a country, and splendid wealth, cNhib-
ned 100 the hand, of the few, ever has been, and
muH be, accompanied by squahd poverty on
,bc pant Of the mnny Ard Is tbs the system
Vls,H, as o. in macArfy ot equal rights and ptl'l-
.,cc>, Senator'S upon ihfS floor would recommend
60 ,he honest and Industrious working men Of 4.
m,-Ica S,r, they v,,. rcIgc, j. every where with
scorn ana Indignation.
Recent esca's have vthJaen ihe vel which
had So long concealed tie fatal Consequences of
,he banking system, and the struggle between
freedom aud monopol, has indeed cammnrsdi
ana III me assure un cour,rNmtu that nov % me-
ycr Is tha umr to strike lhe great decisive bio" IA
favor &c equal rights AID privileges, The people
are usns 10 die rescue, the battle field Is now
before them; thcy have already gained Po'nml
victory. and uoV or never js lhe day iut huai lr.
uuph now ot never is he day 70 decide whether
the, wIIl be r,cm,u indeed, o. whether they Nli
ad unnu their own nccks and tue uccks 81 Their
children, children. the chains Of paper nobility,
mouopuI1nn noarly ull The wealth and power 81
the county, manufacturing all us money, coulro'-
Ing ID, Governments, State and National and ro.
gullung all IFS pursuits and mdi,ly. 81, a sat
l,hed now with temporary oNptdpens, "e rcor.
gnnzr The system, wuh or without mlgh'y Ma.
uona Bank. under new regulation, md reslrc.
lions, these WiI AN prove, MS lhcy lave ever done,
bul Vh,ps 90 straw, male only to be broken; aud
lhts the tst aud final Struggle OF Hcemeu tof
their liberties wll have been u8de 10 vain, and
here, as In dowu.uodden Ponod. tha hanh paper
c2ars may announce 10 thHr subjects, Order
now talgus IN Warsaw,
The Senator from kcr'Jcty sad that the bank
paper system, whether iar good on evil Is fastened
upon Us, and cannot now be ctadcaed, uud lhal
any one Of the States by i>sajng A7uk paper, can
iuundlc with it any uoelbouug Slnjc and thus
compel there also tAc introduction OF DE system.
Is not each Slaleo sovereign upon 'his subject
and cannot my enc State rcpel hr paper ct any
other State from circulation within us limits aud
has not TIT, been done by several States, II IS not
nov done. to some extent ~ Pennsylvania aud
Ia Other Statca and IN This District, as to aH notes
under five dollars. Yes each Stale has the poa.
cr II they viii only refuse ihc advice Of the bank
paper advocates, and tho most ample power, %
eApcl ali bank paper crhcr OF her own OF oj su'.
rounding States, from her limits and that state
which shall FIRST adopt aud perseyerc q short time
ia thus system, will become so much mote pros
perou. than any other State, tha, all sill soon o
lnN her glorious example bui Il there be 10 fact
any difficulty hc,e, there Is one by legaI popular
action, aud another by constitutional amendments,
n necessary, by which The ohlcci can be accom-
pished lct us Iool, NJ those States which have
not adopted me paper system Missouri, for 10
stance, with but one bank, md HAT Of but a very
limited circulation aud she rs now the most
prosperous and uuemba'asscd State 10 ibo
Union. Aud N looking at all the States, they
viii be found prosperous 81 otherwise, NIta scare
liz an exception Just N proportion as they have
adopted or rejected the bank paper system, And
this /, MOI, only true as To States, bat even as to
tho relative condition Of the counties "a tho same
State. Look at Mississippi consult The dockels
Of the clerk, Of the several coWts and all other
m-aps o. information and with scarcely ma cs.
copilou, you ulI find those counties IA which
banks afc located, overwhelmed with cmhauass.
mcnfs, and those countess constituting twu-lhlrd.
Of the whole number, where lhete have been no
banks generally prosperous and uncmbarra@Acd.
Ye-, .r. throughout the Union, and throughout
ihr globe, wherever yon hNd tho hauking syslcm
TO prevail. you ai be sure To find periodical .us
pension, and feyHislons, aud VIDE spread nun.
Explosion 0, iu-cpafnble from the .ystcm, and
abcoluJ -Faal, to me Of Wei regulated bank. Of
VOC sneak 60 nc Of What never ha.
been or :a hc. You nughl a. well speak 10 me
Of vel regulated devils, whom even Almighty
poWcl found 1t impossible 20 regulate IA any other
manner dian By eas'lug IN chains into bHlpH ~.
erla.lra ~ fle. And 81, our haGk pape sysien,d
uu abandoned, may yctte regulated IN the all
consuming blaze Of pnpaaf indignation. ~ uslHg
tbs strong language mean no attack upou IN.
diyduJl. iof my assault ~ upon systems.
know that many honest, but. lhlgk, deludod men,
deudcd a. to lbe effects Of the syslem, have been,
and some sll arc connected ~Gb 1t Amnng
these u the late distinguished president Of the
Bank Of the United States, whose great talents,
varied requirements, md integrity, have never
been assadcd by me, here Or elsewhere bul the
more yruoLs and intelligent rol prove 70 me 70
have been all former managers d the system The
stronger IS he Argument against DE system aseN.
II is a. though you would select he best engi'
necfs 10 conduct steamboat safely with paper
boilers, bot lHcy would explode and he paper
system j. Just as incompatible with the unernng
aws Of the trade and commerce, and ts initiation
...J .,.ItuB.l.. mot aa rprfatH.