Lexington union. (Lexington, Miss.) 1838-18??, 1840-12-12
TIE WING CREED.

"Ihe political clecd ofthe wing is that without
banks we cannot have a sufficient currency, and
without National Bank, we cannot have a sound
currency He proceeds at some length TO cstab.
lish the orthodoxy oflhs creed, but having assam
ed as true, psAmiscs which not only admit, bot re-
qlre proof, his whole train of reasoning is mere
cohwcb Of sophistry.
1t may be regarded b. some, as arrogant pre-
sumption in enc who is but tyro in politics, to
attempt the discussion of a subject Taught with
SO much importance as that now before us. BE
| this as it may, we shall cheerfully bear the obi
oos lmputation,i FIVE can only succeed in exposing
to our readers, in its naked deformity, but a
single error. The cool and limpid water is equal.
| ly grateful to the thirsty wayMrer, whether it
come from the little ripping brook or the gushing
mountain torrent, SO with political Truth to
/ the patriot
We esteem the first proposition embraced in
this creed, a political hoteroloXy which has
| grown from the influence that banks have eXerted
oyerthe foreign and domestic tra@ OF his govern
ment from an eally peiod Of IFS existence. This
influence has grown with the growth IF our coua-
try, until il has become so deeply rooted, that
many wise men now regard it as insepcrably con
nected with the healthy being of trade and consc.
quently with the prosperity and greatness of the
transition from paper, to metallic currency,
would for time clog the wheels of t'ado, and be
productive Of great individual loss but even this,
we would hail as far preferable 10 the continue
lion of system whose ability to do good, is so
incommeusurate with its ability to dc harm.
We consider the growing iIAuonce of the bank
ing system in ibis country, a deadly malady IN
der whi:h, our Liberties may for time linger hut
which they cannot survive unless the antjdOte be
timely administered. There never has, aud per
haps never will be "A more propitous period than
the present, for the people to throw of the crush
ing yoke of this deceptive and dCstoy ing sy stem
which is daily lorging the chains with which Ia
bind us TO the car OF a moneyed despolism. The
great work has been begun, and allails have now
reached that junclurc, when it becomes the duty
of the people TO decide whether they win cauy
IT cut, orjeoparli2e their liberties Cor immediate
relief; which relief can have no other effect than
to put off the evil day that will ultimately cone
with increased oppression.
The primary, and only true object OF currency
was and is to afford an incunedilrc object of OK
change and thus to facilitate trade Being hcn
the measure Of value, the prosperity and well
being of community, requires chat it be uniform
and stable. / il BE- not SO It is inadcqnate to the
end for which it was designed il renders every
negotiation in society an uncertain leap ID the
dark AMI cannot consequently, BE- Disseminated
a sufficient currency.
Tho h;s,o-r,rou -,,,,t-,,. or,.-
o,n,, o,l ,;....1,t;,, IT., .,
$3.50 20 n.r,..,.,,.... -,
~. oxi.t,,,oo ,r s,,,,, ',,,','....,; ~, -,
,on ,,h,oL No., ;.,Iara,,, ,a,,u, ,.'.. cy
oa...,.,..,.'..,
IS ,,Ina n,d $3.50
I'LL ,ao.,,...i i I,a I, I'm , ~,
- .,Ia,a.,..
ara aI,v,rs Ito h,'la.. b., , ~ ~ ~.
,,;oa. ,.oo.,,.o I'LL, ,,.a.,.I'.
Io,r ,ooas.,roo nd sol i, .ho,t 80 y. ~
.rsto,, NJ ,oo,,o ,,ro oa,,;,,n.
=, i,,,to. 80 l''O,'.'
.' ~ : .',,'''0'', " H.
eN'''' 'o'
80 - s''D ',o". '"'io'9 'o'
nv = '''a ""Ni''o'' " 'hS country
~ o'''''ro, ''''' - '"o No"' ic' conlo"us una
e'''o"ry pO'''y "',"'o 10 iio' sunoic''' lot
cou's'y 'Nc GUS Nhs'oef ms convection o. The
.,''0'iio'o"'y q '0'i currency DC founded upon
10 quantity orNin'' y Is equally incorrect i is
'roo' mat The conditiono OF a nation
would be Infinitely better vita a circulating me.