Liberty advocate., 1840-07-23
FoR THE LIBERTY ADVOCATE.
Matters and things in general.--NO. 4.
Parry Imposition.

N @fY mp0Sut0n,
His not intended by the last two numbers to make an
impression that President Jackson designed or wished
3the creation Of all the unsound State Banks which
leame into existence during his administration The
foplect OF the review of facts in those numbers is to
show that the course pursued by that President led to
ueh result; result which in his station If quail
ed Tor IT, ought to have forcseen and foreseeng ought
%ohave avoided. Nor is it desired to make an impress
son, that no Wings had hand in making those numer
Pus Banks To say nothing ofother State Legislatures
Re know that in ours, Wings and Democrats had Joint
agency in charterng spurious Banks and some of them
30 doubt, from unworthy motives. But seeing that
arge majority of the State Legislatures had decided
democratic preponderance when those Banks were
hartered' the creation Of them must, in reason and
justice be attributed to Democratic power and design
rhen, IL the Democracy of the dav is so pure and pa
8rollc as 1t affects to be- in its proessed disapproba
lion of Banking Institutions how it that Democratic
legislatures have inundated the country with worth
ss paper currency2 How is it that our own Missis
lPpl has bad preemnence on account OF such cur
ency, when the Democratic party here boasts of an O.
'erwhelming ma ajority? S
In the face OF ncontestabe facts the Democratic
and everywhere assert that these very Ranks
re wing Institutions; and the assertion is really be.
seVed py those (and they are numerous) whose range
reading does not embrace the facts of the case If
ne whole truth in relation to these things were gencr
;lly known, the imposition of our pseudodcmocrats =
sould be secuted from the land =,
Yes, imposition! This is the very point under con. H.
Iteration. The persevering, unyieding bold. I'm. -
ushing efrontery, with which the worthless Bonk ~
nrrency charged upon the whg party cannot be tv
.
Pets known to vocabulary This wilful peryer ",
:" oi inc uth oetrays real vicious propensity Of an
s1r' IN those leaders OF the Democratic party who pr
erecourse to such abomnabe artfce to sustain inC
feT declining popularity 1t is barefaced attempt thu
Proht Their own error to take advantage of their in
yn wrong, to carry their point by sheer deception wi
Keep IN power by corrupt practices, by dishonest sol
cans And il goes to show their own sense of a want
positive merit in the principles they profess the ihe
asures they PROPOSE the they cspousc Tbev Ion
ouid throw blame on the Whigs that appreciation caU
lght by inference, attach to themselves The truth
,anc.l svo,0n, I''es'''odiy 'he great Co
hearts approved, and from the explosion of their
~ uVor'te state Bank project, they find them Ln,
ives on very narrow ground. The sorry erne. ICLi
'nt OF the Sub-Treasury scheme, is all on wb;sb tor
" stand They propose this new project al nIe,
ough the principle of may be traced back 10 tb,t c
note period OF barbarism which was too ignorant n
nlsh history ofitsown affairs And they rest their of
ro reputation this solitary mcasure-rsk their date
O'D pon.cai fortune on this single adventure 1t subj
possibly succeed IN preserving their power and ca
U'N0o swn''ei Dut what will the nation gain7 Or be n
hcr what VIII it not lose7 Who can sec in this for
agre SubTreasury provision the slightest nromiso q
ucA currency as will save the debtor from su. gle
nee and the creditor from ossG-as will again mea
ourage industry and reward labor2-as will re- degr
e iacty to trade confidence between neiphbors gero
love amongst frendsI Sd
vEn,,c gard