davidaulloa/AmericanStories huggingface dataset:
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
BANKs AND LEcrsIArrRr.-Who ths

BANKS AND LEGISLATURES. Who that
VIII for moment reflect on the operations
OF banks, aRd the part they act, can won
der that they have influence enough in
the halls oflegislaiion ia control the poll
tical destiny Of the Statc7 The Union
Bank, TO say nothing Of IFS operations a,
jackson, has its branches spread over the
state. II appointed its officers just before
the election, IN November last; as a mat.
ter OF course, il selected such men as was
IN the opinion OF those who had the ap.
pointments to make, best calculated 70
sustain II. We do not mean that they
were the most talented or the most honest
for, if we take this country as criteri-
on, we would be far from coming to this
conclusion. Indeed, theseare not the sort
Of men 70 conduct banks to advantage,
either for The good of the dear people, for
which banks are always established, or for
the institutions themselves. The men
chosen we're bank wings or bank demo-
Gratis, IA class ofmen stillIless consistent
who II was believed would add to the
strength Of she bank party, and in pro-
portion diminish the democratic influence.
Of the directory Of the branch at this
place, five reside in this county, (incIEd-
ing ne President, who is also oar Senator. J
They are all whig leaders--noisy federal
vhigs--One My excepted, who says he is
! democrat; If republican, principles and
bank re were compatible, we would not
doubt il. Thus have the most active and
leis ecripaIOus Of the wing party been
mage interested in tbis institution and al
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

The Independent Treasury BiH.-This
Democratic measure pronounced dead,
lead, by s. s. Preutiss, is still alive, il
would seem, for i passed the Senate by
the following vote:
AyEs-Messrs. Allen, Benton, Brown,
Buchanan, Calhoun, Clay Of Alabama
SCuthScrt, Fulton Grundy, Hubbard
King, Linn, Lumkin, Nounton. Pierce
Roane, Sewer. Smith. of Connecticut
Strange, Tappan, Walker, Williams
and Wright-24.
Nays--Mcssrs, Belts, Ciay.of Ken
lucky, Clayton, Crittendon, Devils, Dix
on Henderson, knight, Mcrrick
Nicholas, Phelps, Prcutiss, Preston
Robinson Ruggles, Smith Of Indiana
White, and Young-l8.
Three democratic Senators, Messr:
Nicholas, Robinson, and Yoang. lnde
instructions, voted against the bill.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
GEN. WAsHINGTON,s LFTTFR
To Thomas Stone, member Of the Senate Of
Maryland.
Mounr ynnsos, Fns. ls. l1s6.

TO Thomas Stone, member Of the senate ~
Maryland.
MOUNT VERNoN, Fee. I6, I7s6
Dear Sir;-Yuor favor Of the 3Oth ultimo
came duly to hand. To give an opinion n
cause OF so much importance as that, which
was warmly agitated in the 9 branches Of your
legislature; and which, from the appeal that Is
made. is likely to create great, and perhaps
dangerous divisions, is rather delicate matter.
but, this diversity Of opinion Is on a subject
which has, believe, occupied the minds of men,
and as my sentiments thereon have been fully
and decidedly expressed long before the Assem-. .
bly, either of Maryland or this state was
convened, do not scruple to declare, that, IL
had voice in your legislature, II would have
been given decidedly againsta paper emission
upon the general principles of its utility as
representative, and the necessity of il as a me-
dunn.
To assign reasons for this opinion would be
as unnecessary as tedious. The ground has been
90 often trod that a place hardly remains un.
touched In word the necessity arising from
a want OF specie is represented az greater than
il really isl contend, that il is by thesubstance
not with the shadow Of thing, we are TO be
benefited
The wisdom Of man, in my humble opinion,
cannot at this time devise a plan, by which the
consequently depreciation keeps pace with the
quantity of the emission, and articles for which
il is exchanged, rise in greater ratio than the
sinking value Of the money Wherein. then is
the farmer, the planter, the artisan beneftted2
The debtor may be because, as have observed,
he gives the shadow in lieu Of the substance;
and proportion to this gain, the creditor Of the
body polite suffers. Whether it be a legal ten.
der or not, il will, as has been observed very
truly, leave no alternative. II smust be that OF
nothing. An evil equally great is, the door it
Immediately opens for speculation by which the
least designing, and perhaps most VALUABLE part
Of the community are preyed upon Nby the more
knowing aud crafty spectators.
But contrary to my intention and declaration,
! am Offering reasons in support Of my opinion;
reasons too, which Of all others are ls1st pleas.
ing to the advocate Of paper money shall
therefore only observe generally, that 10 many
people have suffered by former emissionA that,
ike burnt child who breads the Are, mo per-
son touch it who can possibly avoid Il. Tho
natural consequence Of which viii be. thaat the
specie, which remains unsupported. win hL in.
statiy locked up. With great esteem AMI re.
gard. @ao
lam, dear Sir, Yours
GEO. WASHINGTONN
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22


GFThe Mississippian. on the sub.
Ject of the right to repeal bank char.
tiers, says:-Free Trader.
''In a strictly technical point ofview
bank charters are not contracts.
There never was any consideration
paid for them. They were mere gra-
tnities to the corporators to continue
as long as the public interests required,
and no longer. The State has received
no compensation for the franchises.
They were created as part Of the
municipal regulations of the country,
forpublic convenience; there is no OBJ
legation either legal or neral, to con.
tinue them any longer than the pub.
lie good and the interests Of society
will warrant. No legal obligation
for the reasons we have already shown,
and no moral obligation, because none
Of their rights, credits, or property are
affected. It is not proposed to touch
any thing but the charter, and Of that
their relation to the public, gives
them no right to complain. Corpora
tors viii have the money, property
and effects Of the bank, after the cha
ter is repealed, and can divide it a
mong themselves after paying theil
debts"
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22


THE BANK BILL DESTROYED in THE
SENATE.-The Bank Bill which passed
the House the other day has received
Il death blow in the State Senate in
the shape ofan amendment, throwing
all the onas Of winding up a defauI-
ting bank upon the Judiciary and the
writ 90 warranto-under which our rot.
ten banks have thriyed for years and
will do so for years to come, deluging
the land with worthless currency. The
vote stood thus, on this ruinous a
mendment:
Ayes--CoAee. Farrer, Greene, Gran
berry, Hill. Humphreys, ices, Ker,
keirne, Lefore, Lone, Phillips, Rags
dale, Tucker, and Wallis.
.Noes--Augustus, Alsbury, Bell,
Campbell, GiIleland, Hughes, Kyle,
Marshall, Miller, Matthews, Smith.
Thomas, and Walton-I3.
Mcssrs- Cox, twhig) and Watts (dem.)
the former for amendment and the
latter againstit ;were absent.
Those voting for the affirmative,
whose names are printed in Italics,
claim to belong to the Democracy.
~ A.
You will see by this, that the work
done in the House Of Representatives
by the real friends Of bank reform, is
all labor lost. Nothing efficient will
be done at this session. The battle
must again be fought by the people.
They can now recognize who are
their faithful servantsin both branches
ofthe legislature, and they should dis
miss those who have BETRAYED their
trust through the corrupting influence
Of the mcnied corporations. Yester-
day evening, the democrats fondly be-
lieved that the great measure Of re.
form would be carried in the Senate.
that all Of the party excepting the
Senator from LoTndes, Mr.. Tucker.
wbuld sustain cordially the bill from
the House Of Representatives. But
to the surprise ofall, there were three
Others, who BY their votes on the a.
mendment, have sacrificed the best
interests ofthe country. On the whig
party and the four recreant Senators.
let the odium rest. Free Trapey. 1
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

Il Believing principle stronger than banl
interest, with strong faith and deyou
feelings, not doubling but the former ha'
prevailed, we repeat the following
LITURGY.
"That all men are not misled by the
foolish sophistries of money Dealers
that corrupt presses have not wholly
blinded the people to their true inter-
ests.-that villany, frand and deceit
are not wholly triumphant.--leI as be
thankful!
That poor people shall soon be en-
abled to earn honest livings,-that la
Dor shall be adequately rewarded
that industry shall not be defrauded
with the fictitious payments OF an
inflated currency,-la as be MonAfuN |
That foolish spectators are en-
shared in their own meshes; that trade
can no longer be carried on with fic-
titious capital; that ayarice has
caught fist full of nettles; let us bel
thankful!
That the time of accountability is
It hand: that an end shall be put to :
egalized thieving; that the system ]
+ false promises shall soon be brought {
0 judgement and to final execution; /
Il as Be hanktail G
From money manufactured Of rags, I
icked by old women oat Of the gut t
RS, and having no defnitive value; a
ON banking institutions which work [
eir copperplate presses too rapidly u
ON goldea dreams which end in iron
alities; may we be deli0ered!
From ignorance and error; from J
eachrous and hypocritical instructors; !
ON false prophets and false teachers !.
every description, from all humbug, y =
leatery and imposition; may aoc be de- !
,ered! ?
That the true principles OF trade '
I'd finance may be generally known =
this nation: that our workmen and q
tisans may be enabled to compete y !,
IT'D foreign producers; that the wealth
our nation may cease to flow into !.
her counties; is our most earnest de- :.
re and application! =
That we may be truly an independ- !;
1t people; that we may cease to wait !
18th ardent or fearful expectation for :
very arrival ofthe "Great Western" !
I'd "British Queen;" that we may no
niger quake with every breeze that
ows from London; use most earnestly
sire and saPplieate! /.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

/ BANKS TRIUMpHANT.-There has been
an effort boldly but unsuccessfully made
by the Democrats--we do not include
those who went to the Legislature pledg-
ed TO oppose the wicked demoralizing laws
enacted to foster the pride and insolence
OF an upstart aristocracy--we allude SOLE
ly to those who stood as advocates Of bank
reform, in opposition to the great and
powerful array of bank influence exerted
Ito those who we're faithful amongst the
faitaless. These have been earnest and
active. But so great is the influence Of
shlnplaster men-bank officers, that the
cause OF the people has progressed slowly,
even in the House. In the Senate where
bank president presides, the little that
has been done in the House has been un.
done. What else could be expectedf--
From the moment we learned that the
banks had influence enough to elect bank
president to preside over the deliberations
of the Senate, we knew all was lost.
The delegation from this county went
to Jackson pledged to advocate bank re.
form; notwithstanding, we find them with
all the little talent and influence they pos.
sess, aiding the corrupt agent of monopo
~ and'mammon; advocating such scheme.
as will enable one portion of our race IL
riot in luxury, while the other portion
the many, are harrassed beyond enddr
ance We expected nothing else, bu
others have, and believed the promise
were honest; but alas! they were mad,
Ike all the bank promises, to deceive.
What cared they, so as they passed cur
rent for the time?
The election Of a majority of Democrat
in both branches of the Legislature crea
ted hope; nay, established belief tina
our state was soon to be delivered from
bank thralldom. We dreamed not tina
those we sent pledged to reform our cur
rency by making such laws as would Sc
cure this much to be wished for obiecl
would dare to act otherwise.
i Pending the election none had the har
! dihood to assert that the Legislature pos
sessed not the power to reform the bank
ling system Of the State Wings and De
mocrats boldly and publicly stated tina
they would, if elected, go for Resumption
OF specie payments. But strange to tell
no sooner were the Wings snugly seated
than they boldly asserted that they hay
no such power!! Had they this to lear
after they went to Jacksonf or did the
only promise TO deceived If the Judiciar
IS the power and the only power that ca
control and regulate the banks, why di
the wings, when elechoneering, promIs
that they would reform them, if elected.
A few unprincipled men imposed on th
people by protesting Democracy, who ne
yer had q feeling, nor held principle il
common with them; or IL they had, Juda
like betrayed them. But speedy retri
button awaits those traitors. The con
duct Of these senegades il imputed to tn,
whole party, but surelysubiustiy. BY TIL
same system Of reasoning tho other elev
enapOstles would beheId accounsa5lefo
the doings ofJddas Ascsriot.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
From the correspondent Of the Angus
ia (Geo.1 Constituencies.
tn .......un.r.s Tan 90 1870

n q 4-.I
ia (Geo.1 Constituencies.
| WASHINGTON, Jan, %; 1910.
1, Mr.. Walker, Of Mississippi, made an
excellent speech yesterday in the senate
in answer 10 the remarks Of Mr.. Clay, on
the banking system and the administra'
ton, on which subjects the latter gentle
man had thought proper 70 be very sarcas,
tic and TO use his powers of Tom-foolery
in an eminent degree, by comparing Gen.
Jackson and Van Buren, TO the Charles of
England, &c. Mr.. w. said he was sorry
to see the Kentucky Senator, in his old
age, even though CALLED by repeated dis
appointments, attempt by such means to
bring ridicule upon the Sub Treasury bill
for his own part, when he [Mr. WI
wished to laugh, he had more respect for
the Senate than to introduce buffoonery
there; he paid his dollar and went to the
theatre and he must, with all due defer
ence, tell the Senator, thatSin the new
course he [Mr, Claw had marked oul for
himself, every Harlequin was his equal,
and every circus clown infinitely his supe-
rior. And as the gentleman had thought
proper to allude to the peachant of each Of
each of the two distinguished individuals
wao have filled the presidential chair, by
comparing one to the most tyrannical and
the other to the most licentious monarch
Of England, were it necessary, Mr. w.
thought an apt resemblance might be ira
ced between the Kentucky gentleman and
another King of England, the sth Henry
the hit told we'll.
On the 2Sd the same correspondent
writes.--
"Mr. Henderson, Of Miss, is making
very miserable speech in the Senate, a.
galnst the Independent Treasury.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

Liabilities of the Bank Commissioners
to the various banks examined by them.
., 2, Harley, as payor and endorser,
which liability was contracted previous
to his appointment as Bank Commits
sloner. $3.50 90
Francis Leech and Charles T.
Flusser, as payers and en-
dorsers, 5000 90
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

this act shall take effect and be ii force
from and after its passage.
J. SPEIGHT,
Speaker Of Me House of Representatives..
GEORGE B. AUGUSTUS,
President Of the Senate.,
Approved, February 8, ls4O
A. @. McNUTT.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

Repeal Of Me Charter Of the Unaed
States Bank Of Pennsylvania. In the Pa.
Legislature, Mr.. Brown read bill to re-
peal that bank. Messrs. McElwee, Ko-
nimacher and Cr;spin were appointed a
committee to bring ina bill for The repeal
of the charter of the III. States Bank.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

NEw-ALBANE ARcus. &C. w. Hutchen.
Esq has disposed Of that paper to Messrs.
Thompson s. McGnnis, who viii conduct
it in future. The Argus is thoroughgo-
ing democratic sheet.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

The Virginia Legislature has agreed,
after many uncessful efforts. to postpone,
indefinitely, the election of United States
Senator.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

few nominal democrats. This is the cas-
all over theSlate--no one can be blind I
the consequences in and out Of the legis
lature. Hence the opposition to bank re
form.
The whole system Of banking is at va
rience with equality and .liberty--mono
poly Of every sort has tendency to de
stroy liberty, therefore, is at war with re
publican principles. Liberty without @
quality is sounding brass and tinkline
symbol. And to say that man is De-
mocrat and.at the same time bank man,
is contradiction which sophistry, how
eye- artful, cannot reconcile. Hence the
necessity of ejecting bank influence from
the legislative halls.
But the Unien Bank and branches, as
well as other banks, have not only friends
in the Legislature, but many officers
Senator Alsbury and Mr.. President Au-
gustus. as well as Jehu Wall, would be bet
ter fitted 70 legislate for the people if they
we're not paid BY the banks and they
are not the only ones of which the same
night be said. The banks nay better
han the people, therefore the peoples in
erestis neglected, and that Of the banks
romoted. III
Is ii a fact that 100000 was sent to
he branches of the Union Bank, by the !,
aren't, with instructions not to discount? e
so, what was it sent for2 We would :,
Se 10 hear some of those able fnanciers
no understand the glorious mysteries of II
mixing explain this matter. Fl
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
IMYTNfBETTAT,,

Happy the bonds that hold ye--
Sure, they be sweeter far than libWty
There is no blessedness bnt IL such bonaagi
Happy, that happy chain such links al
heavenly.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
: P IA A N II @ lR .
LIBERTY, SATURDAY. FEB. 90, 1910.
FOR AN INDEPENDENT TREASURY
AGAINST A BROKEN DOWN q
UNITED STATES BANK.
PRESIDENT,
MARTIN VAN BUREN
VICE PRESIDENT,
RICHARD M. JOHNSON.
TO OUR PATRONS.

This number concludes the second vol
ume of the Piney Woods Planter; there
will not, therefore, be any paper issued
from this Office for two or three weeks.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

Vine NoMINATIoNs.-The wings Of In
diana have nominated Judge Bigger for
Governor, and Judge Hall for Lieut.. Gov
ernor, and nine lawyers for electors Of
Enrner Harrison. A
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
GEN. HARRISON, the Abolition candidat'

GEN. HARRISON, The Abolition candidate
for The Presidency.--A paper published al
Coyington. KY, says:
at is fact, perhaps unknown to the
'onest wings Of Kentucky. that Gen. Har-
rison last winter Joined the Abolition So
ciety. The old General, at that time,
aware Of the intrignes and the warnings
Of Mr.. Clay for the Presidency, had de-
SPARED Of himself being the favored one,
and had no motive longer to conceal his
adherence Of slavery"
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
RErEAL OF THE rosr NOTE Law.

By the passage Of the subjoined law
we are glad to perceive the lcgisla.
true has taken one grand step towal d
the suppression ofvice. Let the bank:
takeimmediate warning and demear
themselves honestly. Hereafter the
issuance of post notes Tmisnamed pos,
mortem notes is the correct title. mas.
much as they will never be redeemed
during the life time of the banks1 will
be in violation Of the laws Of the land,
and aforfeiture Of charter the conse.
qdence. Let ne one attempt to evade
the provisions Of this Just enactment
by antedating their post norton notes
and throwing the vile trash into circu.
lation with a view ofrobbing our citi-
zens; such a proceeding must recoil
upon the heads Of those who may thus
offend, and the guilty be held no as
perpetrators of fraud. Yet must the
people be vigilent and keep their eyes
open to the operotions Of our souliess
'monied corporations. 1t is said ..hon-
e,sty is the best policy" but those vile
shavers who have never governed
themselves BY this good proverb. will
not be disposed now voluntarily to
square their conduct by its salutary
hrecePt; therefore, do we say, let the
people be'on the alert to detect the
FIRST and every infraction Of the Law.
FREE TRADER.
AN ACT
10 repeal so much Of an act entitled q Al
act, approved May ii, 1887. ssgrantinr
to the several banks of this State the
privilege of issuing post notes, and for
other purposes.
SEC. !. BE II enacted by he Leois,a.
'ure Of he State Of Mississippi. Thai
y mucnoi the above recited act, as makes
y ! lawful for the several banks in this
state to issue post notes, be. and The same ~
8 hereby repealed.
SEC: 2. Be il further enacted. That Il
ny 81 the chartered banks Of this State
mail issue post notes, 81 notes PAYABLE n
future day, intended Is circulate 4 I an
.ency, ltlshall be held and deemed i eor.
elture Of its charter. -
SEC ,. And bed further sns,ssd. Tb,.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

Tennessee State Bdnk.-Tbe LeeisIa.
ture has decided that there shall b but
two branches Of the State Bank in that
State-one at Jackson and the other at
Knoxville, The mother bank is al Nash,
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

01-We learn from 8. r. Adams,
Esq, editor and proprietor of the
Eastern Clarion, published at Paulding,
Mississippi, that he proposes shortly to
enlarge his sheet, and make arrage-
ments for an exten;ion OF the circula-
ton ofthe paper. The "Clarion'' is a
staunch democratic paper, and circu-
lates principally in a number Of the
eastern counties, whose population
have manifested under all circumstan-
ces the most unwaving attachment to
the Republican cause. We trust,
therefore. that the additional expense
and labor which the manager OF the
Clarion proposes to incur will not 90
unrewarded.-Ib.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22
&RRIED-

On the Goth inst, at Zion Hill, BY IT.
". Pound, Esq, Mr.. JOSEPH r.. COT.
TON to Miss MARY B. CAIN, all Of this
county.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

House and retlrnedio the House, AMI
laid upon the table.
The bill from the House to rcpeaI
the "married woman's law" asst i;
commonly, called, was referred to a
select committee. Upon its first rea-
ding in the Senate, Mr.. Green moved
to reject it; this motion was sustained
by Messrs. Green and Campbell, and
opposed by Messrs. Farrar and Wal
ton, and did not prevail. During the
week a great many measures OF but
little general import passed the consid-
Grafton ofthe Senate, and number
Of bills finally passed, wanting the APP
prevail ofthe Executive only to give
hem place upon the statute books.
-.Mississippian.
Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1840-02-22

] am, dear Sir, Yours.
GEO. WASHINGTON