The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1840-10-28


against us, so long will the pressure last.
No Bank can, nor can Congress- reheVe
the country otherwise than by the pay
ment of the State debt. The General
Government had no part in creating those
debts. and should not be blamed for their
consequences nor required to pay them
Yet, because Mr.. Van Buren does moi
think. and Gen. Harrison does think, il
right for Congress to assume those debts
the one is to be put out, and the other to
be put into office.
Bank Fauoritism-Singula ular Facts.-t
is well known and not denied, that from
the Southern counties Of this State, there
has been considerable emigration within
the last three years-in other words lhal
vast numbers of persons, who were utter
" ruined in the general crash, have run
away, carrying with them such movable
property as they could snatch from the
fangs Of the law. In Kinds county MOI
less than two hundred have slopcd Oft in
this way.--In Madison, about the same
number.-In Kinds, we learn from
source entitled impIici, confidence, that
of the number who have thus absconded'
one hundred and ninety eight we're Wings
and but two were Democrats! The
same proportion, or nearly so, apples 70
Madison, and we have no doubt also, to
the other principa Cotton growing coun-
ties, from which many have absconded;
These facs, we ale assured are not ae'
ncd in that region OF the State, and what
a lesson do they teach us at this important
crisis. The cause of this is wei known.
Banks. Those institutions have been
managed and controlled principally by
Wings, and the great mass of their loans
were granted to their political friends
When the Democrats got accomodallons'
they were in small sums. All the large
ruinous loans, were made TO their wing
friends! and the disastrous consequences
We state these facts with no desire 10
produce the impression that the Wings
were any less honest than the Democrats,
but for another and more important pur-
pose. The fact is, that the mad spirit Of
speculation throughout the State, but es-
pecialy in the Southern counties, was
generaI-it was not confined within, or
limited by party lines or divisions. The
Democrats were engulplled in it as we'll as
the Wbigs.-But the truth is, that The
one were the favorites Of the Banks, and
could get unlimited Accommodations, while
the others were denied what they asked
for. The Banks have thus been the di-
rect means of destroying their own friends,
and by refusing to aid their enemies, have
thus saved them. /
This brings US to the argument which
we have over and over again urged upon
our readers, that it is the corruptions Of
the Banks that have brought ruin upon our
State and dcbased and destroyed our cur
rcncv. That it is the Banks that have Sc
luccd men from the pursuits Of honest in
.ustry, into the foul paths Of mad sPecua.
lion, cx,avagance and folly The Banks
werr the corrupt spawn of profligate legis-
ation, and men who thought themselves
benefited and blessed, when rcrosing in
The sunshine Of their favors, now find,
when it is too late, that they have been
.hc sole cause of their ruin.
We cntreat cur Democratic friends as
we'll in the Southern counties, as all over
The State, to ponder upor these facts, ann
10 rccullcct that large bank favors lead
but TO bcwildcr and dazzle to bind''-!ct
Them sec and appreciate the principles of
rparty, which are algersc to this infa
nous, corrupt and corrupting credit sys-
tenn, and when they sec that our princi-
pies are right, we hope that as one man,
they will put their shoulders to the wheel
at this great and important crisis, to estab-
Iish them upon such basis as will make
them pcrpc.ual.-Pont0toc, ( (riss.) Intel
The following appears as commnni-
cstion in the Baltimore Sun a netral pa
perl Of this morning:
G1IGH-HANDED OUTRAGE.
4 short lime previous to the recent cleo
lion, whilst man named Henry WiIks |
was sitting on the bench in the Lexirg-
ton Market, he was arrested by a police
officer and ii black associate, and by them
first to the watch-housc and
thence to the alms-house, by the dircc-
ton of John Wright, esq. This man
was taken in midday, perfectly sober. and
for no offence, and was brutaly beaten,
both by the officer and the negro, in adj
dlion to The illegal audacious arrest Bui
the worst Of the story is to come. After