Columbus Democrat., 1840-10-03

Esisli So
H. 100000 ..-a .. 3 I.ar>
Is-4l7-9
o. $1,000 each a srr,~
-. 10000 slgh t. / ..--a-.
lsu77ti .
e'-t S5aaIu.|
irav.rr ea', eieal-et aar .u,r,y-r.ae t.onarj .
H.0a tH"r-tf a't ~eyruIr-.rar I'D avs tWJH.F.>'N
css't>, 90 ne divided among the r,st 81 tie eonnuu-
~.
Tbs wss lhe manner In w' .oh ll.e great resu.1-
''r 'f"' He nnusy g. i.c ysopt ~ uarCr uyHl
k.na of banks ore crfaicl. whether SAFE or Na'an-
Ct, HEY al0e's have btn arJ always WI te eon-
aae'sa -o o>lo teaefl t., III O. ana unI he ra~s 81
S 'e..F Is as BANKERS Uaa5 wish as bs,ie,e. Tie D.
i1.m1 2 'eu#tu~yo Of j.l, system 81 hnk hvuriSm
towards conc. n,iauag tgr wealth If tIe Uauon m
e" hands sI1gil arrest tie attention Of every ir-
fccinI man Mr. Nahcf ct mates, in one Of his
speeches durrg the last session ufCoH1r,ss rhe pop
Hiailoa OF the United States Al seventeen uiHo"S'
ald he agrre gate wealth of the nluun al sixteen
/ thousand m..1us OF dollars H. lWj'er states thai
oi Tie seventeen m..u Is of pupuatUu ne Nunir'i
Thousand are tath Sd ckAods's and ulfrc''r>, ao3
tnat the, own prou,ry ia lIc amount ttuo hHnd-
red mil oos ~ JulIarA | urut alarming that hf
one uunircd auj seventeenth pgit OF the population
eons's,us ui hank >IoekHuiers and duecm's should
( oWa cuc eighth o' lht property otre nation! i">
Fact Should sink deep into TIE mint Of every matt
I Il explains and confirms ue rgUatk at r. Jefferson
i8bs ieiter arlht 2sth # May 1916 to John Taylor
( of Ca.ijnA "hat hauairL establishments are more
. dangerous than standing armies
W { have dw.it fellow CIulsuS On this p1tt o' u'
>utJ e. probably al too great .,ua'h. Nrts' ha"
ever thar ton much cannot We said in exposing th'
r''ton'ss Of our banking system, Us icmoa.z'nl
tendency, and lis ruunus effect, in he productive
l1dustry ui he county. Had we sand Ir-s,' we wc'
not icel that we GaG discharged ihe drtS that har'
dtFoNtd upon uS, aS We view the contest ~ IN
coming Presidential election as between the proon
GERS otihe couulr--thr farmers, mechanics and h
blrers 90 The one hand, while on tie other are Tang
ed TIE banker, aud their depenlanls hack by a
others who wish To i've hy their Wis and not lbs j.
bor or industry. That tins is the true issue we uIa
cannot be denied
NATIONAL BANK.
Panic pressure aud terror were the weapon
, with which ancient federalism fought when d,
J rated by JEFF. rson Of the head Of the rcpublc'
c party. These very weapons the modern wing
have grlei on. and are now ldUS armed an
" EQUIPPED. determined to carry the coming Presidents
/ election "pcaceabIy 4 ney can. i'rclhy u they must
Such Is The language Of some OF their popnbr iea'
= ers.
y The cry Of this party from one end ol the unr
Ia the olher- lom Name 10 Louisiana and lro
Y Ftorida TO the Lakes is, "the country Is imncd
l. and this "fuu' thew say has been brought about
4 The reckless policy ni the democratic arly 10 ia
" ting down the late United States Bank. This
e The great wing charge against tie democratic part
n Let us Fl st enquire whether this universal dstre
e pervades the Uu!ou. That lie uvetlradng poft'
# of the commercial and the spccuialn1 class
N throughout The Union are involved N gecunary er
H harfassment, We admit; but we deny that ths 81
lr Ierlng extends 10 ihe agricultural moelaWcal or
al horlag classes except when they NE within lhe
to tlupn,e Of town, where banks are ucatrd. This
~ the case even in bank ridden Mississippi Tie d
st trrss and ruin that we hear So much "I from wl
49, orators Is mostly confined rs The ttyer counties
fe whore tie mass of the hanks are located. In I
'c Southcastern division OF the state, where there
to no banks, pccunary embarrassment IS unknown,
- In tie Courls Of GENITAL Mississippi there have be
l. comparatively but lew sHltS brought; aud, ~
"a north Mississippi We are informed by the very b.
Pr authority, that pecunary distress 10 any gra {
o tent confined to fire Counties, and that N eve
en- one of these banks are located. VI these hNe, ,
x own County (Lowndes) can boast of more bar
OF and more SUITS IL her Courts dion any oi the res
anl yet with the exception Of Col mbuS HERE Is
N, little pecunarv embarrassment IN the rest OF
80 County, comprising more than lhree.iourihS OF
be pnpulali0u It is IN Mssesppl as N every oil
4. State; all who engaged 10 reckless speculation
,rs rcapinr the miserable Irun o their ioiy Whde l
,s who kept their rame> out Of banks and tved VIII
,lp their means are as prosperous aud content as u
pm ever were. Even the %hg prints OF the commerC
rs' Giles are contad cling the whg orators tJa'
,nk lmVerSuE the country shouting "unNti'a' J. VI
We cou'd give many extracts to ts elect bul
vii, cunhue Ourselves 70 one lIoU late number
" 'the journal Of Commerce" tie Ieadug organ OF
'! wings of Ntw-York:
" "BusINrss-Od times seem 10 br coming Bgi
We could shout Land hur once more, bot
ON Should uol naw gel the credit Of seeing much bet
aa- than our Hflghlols. here i one thing about :
ars 1t we get 10 land now shall not DRAG 10 sea -
M as we dd hs, time. We have no United va
SO Bank 10 break from her moarings and carry
zen whole fleet south OF New Iolk pd nell 10 deS1
md iiou. We hold hy tie bottom now, and 20 Far
at- thing. The dry goods men find themselves doH
So capital business, contrary to tltir expect ttonS,
the we N rhl almost say against ther wills Bot .
Bit who rhiuk the country never can prosper nder
unt Van Bur n, regard The pleseul prosperity as
ihe eff ct of rfea coming event which casts rs II
ow heore On the contrary, they who tllluk u
,ate can be no prosperity without the present ADM
i,d lralon attribute what they see TO lbe sub fedS'
,or. W allrbnte il to higher and better source I
,h,, either. The stale ct things BOW eXIsllnT pre-
,,o1 That rcyulsious h,WtScr tadu, are "a our 20
,o,,, aud vigorous county oI short duralIon IT pro
~ ' - too tie good policy Of sound principles 10 da
~ Oar adherence ta specie payments, severely .
',u Dr tried our principles and our courage at the
r'' viii in the end be snen TO nave been as wise
was morally good. WhiiI,d ~ me ar, and cru,
'dHk 10 the earth, a. New No.k has b,en, She IS On
feet again Our importers are RECEIVING 'arge
plies Of fresh goods the domestic manufacturer,
pouring N their products, AMI tom all sources
iubher, have filed their stores, and are seilng 'Fk
Goops. CHEAP Fog CASH" from morning 10 nlgf
e,e Purchasers come with pockets ihl Of money!
49, bus as hungry men eat. Our colsting vessels
daed rapidly with freight Tor all Southern pa
tie Iow boaIs up The North r'vtr get lntl; The