Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1840-10-03

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.teurv.,au- wears a9l eight months. But lrav
.ur out mlaars, VIM have nottae power Of sr.i-
government Of the adults tol twenty cone year-
Of aue1 living al one mumsui,a ma laUY OF whom
act for lhe society, oae hall. VIII lie dead IA ei-.-
teen wears aad eight months. ~ lsueleru yetr-
then from he date ola contract, the malHr'y o..
lie contractors are dead. aud their contract UIiG
them. Let Ills general theory be applied Go Il
particular case. Suppose tie annual births 81 lie
SH,rur New York to be teenil -la5re thousand
mise bundled and uiAey!gur: The Whole numuer
or,. inhabitants, acco,ajug 10 Button, VIII be ,jX
hundred and seventeen thousand seven bundled
and .arer, Of all ages. OF these there would con
,iluriy be tso Aludred and -lX,y-uIne thousand
tap hIujled gnd ei,hly-slx mnots, and tWee
hundred and luriy.eigh, thousand Tour hundred
aud -Ilta'oCH adults, Of Which last, one bundfed
-.... z..s.'t-itur thousand two Hundred ard ulue
sll d. o ma.ariv. Suppose that maluriy,onthe
Gr.t DAY of tbc year 1894, had borrowed a sum
# money equal to the fee simple value OF he
State. AND 10 have consumed It IN eltIng,duHking
aud making merry IN lher day or, i you please
NJ quur,l.n- aud Sighting with theIr unotienduc
ucr.hbors Within eighteen years aud el-I
mon ttl~, ono Hil ~ E du ti'f-f'iiN wiz ''
iIil then, Leug the mojoulyJhey wight nsM.uIiy
levy the interest Of iheir debt annually on lhem-
selves and their fclowreyellcrs, or FELLOW. cham
pjuns. But at that period, say nj this moment,
new majority have come into place, IN Their own
right. and not under the rights, the conditions or
Laws OF heir predecessors. Are they bound to
acknowledge the deb, 10 consider The PIectdlpg
generation a. having had right to cat up the
whole soil Of heir county in the course Of a lite,
to ALLEVIATE it from them tor it would be an alien.
alton to the creditors and would they think hem
selves either legally or morally b und TO give up
their country, and emglaic TO another ini subsls
tencel Every one wl say no; that the soil is The
GIT Of God to the living, as much rs II had been
to the deceased generation, and that tie laws Of
nature impose no obligation on them to pay thu
debt. And although, like some other natural right,
this has not yet entered into any declaration Of
rights, il is no less law, aud ought to be acted
on By honest governments. "
The advocates Of an "exciusiee metallic cur
rency" are sravcy told by the modem vhig.,
that such an idea as "a hard m, ney currency" L.
chimerical-a "humbus" an utupan ,djea that
could alone have veseuted IN lie blan Of Tom
Benton" This wholesale deuuBclaion is gen.
orally followed by the assertion that THERE
IS NOT GOLD AND SILVER ENOUGH
IN THE WORLD TO FURNISH A CUR.
RENCY FOR THE UNITED STATES,n
This is uttered with such an air Of Authority and
triumph as To impress those who have besloN ed
ti1le thought upon the subject, with belief, that
such wing assertions are based on truth. But like
wings, the above will BE found on examination to
be alike we'd Of fact and Of truth.
To Mr. Benton much c,odil is due for the man.
" and patriotic srnd he has taken against tie
ALARMING in,oods of bankers on the rights and hi
critics Of the people, In assuming this position
he Of course varied a.a,i>t The whole bunkns
system. To Mr., Benton, however; the crefsl
Is not due Of discovering he dangers Of The bank.
Ing system, or the benefits which would flow from
az exclusive metallic currency; this ls due 10 tvt
Of the greatest men tAe world has ever produced
viz George Washington, and Thomas Jefferson
In support Of this assertion, "e submit the fol.
! loving letter of the father Of his county 10 Sen
ator m the Mary and Legislature, to be found II
Sparks HE Of Washington.
MoUNT VrRNoN.
DEAN SIR; Your favor Of the 30lh ultmo came
duly 10 hand. ia give an opinion IN case o
80 much Importance as that which has warml,
aguaied the two branches Of tie Legislature, ant
which from the appeal hat is made, is lik,h
! TO create great and plhops dargttou. divisions
is rather delicate matter bat as thj, dlyers
~ Of opinion is on subject which has, BE-
heyc, occupied the the minds Of most men. ant
as my sentiments thereon have been fully aud de
cldedly expressed long before the Assembly el,h
err IN Maryland al this State was convened, | d,
not scfupe to declare, that if had voice il
your legislature, il would Lave been gwen deci
dtdly az INST paper omission upon the prlncl
pies OF us utility as a representative, and the re
essHy Of i as a medium.
To assign reasons lir this would be as unuc
cessary as tedious. The g,ouud has been SO uiiel
uod dat place hardly remains untouched l.
a word TIE necessity arising from want of spe
cie IS represented as greater than II really IL.
couierdlt tits hy the substance, not with shaduy
OF a thing We are benefited! The wisdom O
man, IN my humble op,u,ou, cannot at this TIM,
devise a plainly whch the credit Of cur pane
money would be Iong supported, cou,equenDI
depreciation Keeps pace with the quantity Of tn,
emission, and articles for which it Is exchange,
rise III greater ratio than tie sinking value Of tn
money. Wherein, ih,n, is the tanner. the plan
ten, tie artisan, beneiljed The debtor may be
because, as have observed be gives the shadow
IN Iiou oi The substance, and IN proportion To hl
gam the creditor or the body polite suffers.
Whether IT be a legal tender or not, IT viii, a
has been observed very truis, leave no alternative
II must be that or nothing, An evil equally grcu
Is, The doorlt opens Immediately for speculation
+ by which the least designing ard perhaps mes
valuable Palt Of the community are proved upo
by the mule knowing aud crafty speculaiofs.
but CONTRARY to my Uplulons and docla a,ion
am Offering reasons to support my opinion: reu
sons too, which Of nl others are least pleasing t,
the advocates OF paper money. | shall therefor
uniy observe generally, that SO many peoulp hay,