Mobile daily commercial register and patriot., 1841-11-25
Prom the Democratic Review. Extraets from fhe private diary of certain Bank

Extracts from fhe private diary ef certain Bank
 Director.
 Tsesd0y.-Beset during the whole day by crowd of vulgar mechanics, to whom, during the late high pri ces, had sold, or lei ground rent, hundreds oi lots in the city, and the many and important towns and villages that then rising up around on every side. The company of this class of people is always dsagreeabe; but l had to endure it. On
 great number of these lots they have erected sub stantal buildings, but owing to the pressure of the times produced entirely by the dongs of the govern ment) these buildings rent at very reduced rates, and such of the lots remain vacant will sell for but a small part of their original cost. Made the best rangement with these people that could, both for themselves and myself. l cannot enter into partcu- lars. It is enough to say that there is fair pros- pect of my getting back one half my lots with good honses on them and the mechanics who built them will be rid of all incumbrances-or property is al ways an ncnmbrance to this kind of people. fear. though, shall have to some of them to get my just dues and this will be somewhat unpleasant, well as expensive.
 Was bored for whole hour by that eccentric old mortal, Judge Johnson, of West Quoddy- Head. He maintained that and Snatchpcnny and O'Squeezem, and the other directors of the great bank of Bubble opos, are conducting affairs on false principles. lie sand that inc proper business of bank is grant ing facilities to merchants by dscountng business pa per, and that to this ought confne ourseves.- He averred that bank dealing in cotton only kind of wholesale pawnbroking He said that the Baak ofWest Quoddy-head, of which n,e is direc- tor, never discounts any thing but business paper and has, in consequence, not made one bad debt in twenty-five years.
 q cannot subscribe to such views. Banks, so far as my observation goes, not established by peo- pie who want to lend money, but by people who want to make money. We pay heavy sums to the State for privileges, either in the shape of bonus of annual tax And it is strange, indeed, if after this we are not to be allowed to use privileges for own exclusive benefit.
 Wedaesday.-It seems us if my troubles were to end, To day l WAS tormented by groups of old men and old maids and old widows, and some young ones amor ng them, to whom l had sold stocks when they were high Stocks have fallen now, anl these foolish people really to think that 1 to blame. told them that the fall of stocks al together owing to the infamous specie circular and the odious sub trea sury, and thus satisfied of them. With the rest did the best could-that is, bought back their stocks at such prices as able and willing to give. Some of them said was rather buying them back at sucb prices they from stress of circumstances, forced to take. But what is this but the usual of tradel ques tions of price are questions of power-of power toside of the seller to get much he can, and of power the side of the buyer to give little he can.
 was truly grieved at the conduct of many profess sing christians, both among the mechanics who visit- cd me yesterday, and the motley group that filled my office to-day. Downright nfdels-very heathen- could hardly have displayed less resignation under verses of iortune There was one old father in par ticular. man scventy-fye years of age, and mem Der of the church from his youth, who seemed if he would go frantic under his losses. He had, by my advice, sold his farm, in neighboring county flor five thousand dollars, and invested the proceeds in stock, which was then the best in the market, being fifty per cent above par Through the vicissitudes of the times, (caused entirely by the abominabie pro- ceedings of Goyernment) 1t is fifty per cent be- low par. The old man said he knew not how, with what left, he should be able support himself, his aged and bed-rdden wife, and three small grand children, who had, within the last six months, lost both father and mother. H, l..