Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1840-06-09
IcnmmnNIcArInN.l

Bank Notes into the State Of Mississippi.
1t is an article worthy Of the careful at
tention of all interested in the currency
and prosperity of our State; but more
particularly of the advocates of reform IN
GLIDING that portion of those ''hard cider
drinking fellows from Mississippi who SO
recently congregated in Baltimore, with
those from the North, South, East and
West, and who, by their acts, proved be-
You'd contradiction; pledging their falth'
that the American-would as cheeriully
and as readily as did the Roman Clncn-
natus-" When our country cdlLs-oBEY.
The state of our Union has long groaned
under the pressure, and necessity OF Re
form. The hard cider chaps are pressing
forword to the Goal, with a rapldlty and
determination Unprecedented in the annals
of the history of our country; (equalled
only by the ralIying around the standard
of liberty during the glorious l776,) to
carry that Reform into effect, and abstract
the dross of Corruption, Misrule, and Ex-
ecutive Patronage from the pure unfair
nished Republicanism, based only on lib
erty and equal rights, and bequeathed to
the rising generation by the heroes of that
glorious period, 1776, who opposed usur-
patton and tyranny, with firm determin-
alton to be Independent and free.
Mr.. Editor fear that have taken q
glass too much of hard cider, for the more
attempt TO come to the starting point
the greater is my disposition to digress
and my imagination has at this moment
planted before my view, one Of the many
thousands Of Hickory Poles, which pre-.
vious and during the Presidency Of tien'l
Jackson, was stuck up over a great por'
ton of the Union--and by its side, q Loo
CABIN. The former emblematical o
"Sef .wW and usurpation latter o
hospitality" The former threatening tC
beat us into submission, right or wrong
upon It's own Iesponsiblity,-the latte
offering an asylum to the poor, exhibiting
the primitive purity OF our Rpublic, witt
an inscription written over its humble en-
trance "Siirer and gold Ihare none;-b1l
such as I hare girc I thee" "a drink Q
r hard cider"
But enough of this, sir, at present: |
our common country needs reform, no
less does the State of Mississippi.
The Union Bank which was TO hav
afforded US relief has plunged US int
deeper distress: The rapid and almos
, total change which has taken place in tn
. circulating medium of our State, is trul
: alarming; and the ruinous consequence
Y which must attend It, inevitable. II, a
: in the editorial remarks above alluded tc
: on the Western border of our State tn
'cry is for the notes of Louisiana, Ken
lucky, Ohio, Indiana and Illinois 20
r. the Eastern border, that cry is responde
r TOBY a call for Alabama, Georgia, Mott
Y and South Carolina, and Virginia: and ;
/ this time the town of Columbus is becon
: ing flooded, with the issues of the Penst
p cola Banks. Giving to Banks of thos
I'd States whose paper, will not pass but
: their own neighborhood, and whose so
i vency we are justified in doubling, ar
whose situation may not be better thu
il that Of our own Banks, an opportunity
id again flooding our country with a spur
= Gus issue.
id But greater evil, if possible, is 10
IN apprchended the field for counterfeitiI
h. will be boundless; for very few of o
w citizens are competent Judges of the &c
'e uine issues of these Banks. With da
gers ike these, and dark cloud on t
be horizon of our future prosperity, we shou
g. no longer lay on our oars regardless
n consequences but on the contrary, shal
,et off our lcthargy, for we have the mea
as within our power, of at least, improviI
he our future welfare, by an energetic al
ne well directed reform in our banking sy
VI tenn, if we have not the power Of shakil
- entirely off the accumulated distresses u
or der which we now labor.
20 hazard the assertion, in hopes ii
no some more able hand will take up t
EEL subject; that nothing, but State Instit
an ton, in the absence Of National Bar
asst with severe penalties and restrictions
cs' tached to its charter, viii ever redeem Q
ION currency.
en- If some such measure is not speed
me adopted, we shall be daily liable to an
n emulation of losses, and impostions,
81. all sides; and Mississippi will soon beco
Mr.. the RESERVOIR of the issues of counters
vor ers and insolvent Banks.
zen n. I. II.
on
1to The Patrons Of the ARGUS are inform
that after this week, it will only be p
atm lished on half sheet-until we are ei
nay bled, by collections, to encounter the
ter pense hitherto incurred for its publ:cati
Necessity, which knows no law conn
us to this; a course we should have ad
tod loup since Ind II not been for 1e,