Mobile daily commercial register and patriot., 1841-07-02
frrom the N. Y. Jour. of Commerce !

PoLIT1cs AND BANKlNG-We agree with the Philadelphia National Gazette in tbe remarks which follows Politics and banking never did work well together, and venture 10 say that they never will Generally speaking politicians very needy set of men, and do not calculate work lo nothing and find themselves" Give them position where they can smell the meal, and they will get to il, some way or other.
 From the National Gazette
 Boston, New York, Philadelphia nd Baltimore appear all to be disposed to press their claims, and as will be likely to give way to the other il s not improbable that it [he Bank will be placed in the only neutral ground, the city of Washington which claim it upon other ground than that of being the seat of government, the main reason why, in our estimation, it should not he selected.
 The chefcau of the difficulties experienced with in few years is to be found in the connection of banks and currency with politics and politicians The losses of stockholders have generally been in the d- ration and of the connection between the nstit- tions the government.
 Such being the case, it would appear desirable in establishing new bank, fiscal agent for the Union, to put an'end as far as possible, the connection between politics and currency; and if this be not done capitalists will, think, take part in it with fear and hesitation, if at a However great rray be their confidence of Mir. Ewing, they have no security for the continuance of his life, of his tenure of of fee. The successor of Mir, Tyler may have notions similar to those of General Jackson Government influence do ttle good, but there has been alum dant evidence that it can do much harm, and there fore ofopinion that bank should be freed en- tirely from it.
 Er. Ewing's plan is the reverse. He proposes that the Goveruments, both Federal and State, shall have large interest in the institution that the former shall have large share in the direction of the principal bank, and the latter an equal share in that of the branches and that the head quarters shall be established in Washington, surrounded by needy members of Congress- who have too much political influence to produce confidence, which is so much to he desired and we doubt if capitalists will be dis posed to take any part in the formation of such an n- sttuton whereas, a law passed to authorse the formation of bank in which the Government should have share, and in which, consequentl, :, politicians could not meddle-and over which there should be no control except that which was needed for the prevention of fuctuation in the value of the currency, by limiting the amount of loans or divi- dends-it would at once be subscribed, because il would have the public confidence. Men always put more trust h agents of their selection than in those selected for them by their political servants The place for such bank would be a matter of ndif- ference and might, with great propriety be left to the stockholders, who would never, we think, select Washington.
 t With this exception, that not SO sure as the Gazette seems to be, that the stock of National Bank if unconnected with the government would be sub auin m --f | r