New-York tribune., 1841-05-15
4 xATIONAL BANK.

p-o,,;nspt among the eva under which the Amercaa
p,ope are suffering Is the OF one UNIFORM rec
o,ired stable. National Currency-a Currency
of which rnay put thousand dollars IN his pocket
book in ans portion OF the Uon and have II count 10 nm
thousand dollar. in ay other section where he may i-H I"
d;sburse -a Currency which merchant may Obtain with
out sacrifice exchange for that which he receives n the
course his business and ra,t without or los 20 tho
mart where he Is indebted fsr good,a Currency which
man MAJ carry his pocket withost fear either OF y de-
precia,ion exciting the cupdi, II robbes-a Crrenc i
which planter squat;cr, coitonPinner miner may
remit i've dollars from hi place OF business 10 any ciS or
implements for stock newspaper whatever e!7e ne
NAV want and that his remittance viii bc good and
worth the full amount OF It's face The Country wants
Currency IN which the Cotton. Germ, Wheat Cotn Csa!'
Iron &c produced in sections may be boush;
and sold notes given AID satisfied drafts drawn paid
without submitting 10 shave, from brokers. or en-
rsuntcrng the obstacles incrpo-c by dIsAGanzed
and unequal of value. In short the Country wants
substantially such Currency had for the ten :curs pre-
ccdlng 1885 We there wisdom and prudence
enough in the Congress abcu, assemble to secure 10 the
People such blessing.
Ye, the subject is enyiroue by diiculie- In the first
place there and VII be bitter political hostility for the
sake OF hostility any which the friends Of the
new Administration ma. originate. This must be met and
vanquished But beside this there feeling OF hatred TO
and distrust OK all Bans-drcted with tcH-fold intensity
against National Bamk-:rowin- naturally though very
inellgently, of the abuses which Banking privileges
have been subjected and the evils which they have been per-
yerted TO utscryc. This feeling honest though not an
enlightened and discriminating It must he respected
and set right.
The honest An-Ba,k men not against the adyanta-
res and benefits which have been clearly derived from
Banks but against her abuses, corrptons and niqutes
Who wishes to pcrpcia,e these Certainly not The trc
friend. the Banking System Yet if we c"pd clearly m
nistakably annlate these the claors against Naianal
Bank and against Banking generally, n be rendered point
less and Intellectual Stripped of its abuses, the facilities,
BENEFITS and vast economies Of panki. palpabc
he denied or resisted
We cannot refrain therefore from, pressing again upon the
attention OF the public the following provisions t" be ncor
porn.cd in the Charter of The next National Bank:
l. A restriction OF tbs capital TO S20000.000
IL restriction OF IL c purchase aud sale OF
Bank Notes and Bills Of Exchange having not than
sixv DAYS to run and drawn upon actual business trans
actions leaving the business OF discounng notes. or
merely oanns money private capitalist, and local
Banks.
I'LL No stock TO be owned but by Citizens of the L.
These proNlsons Wiiic they wCud lncfe-" tfc
and strength of the National Bank would
nihnc most of the objections and half the difficulties
The way of establishments. They would dyes Of all i'm
porancc the question s location, which else likely de-
iea, the They would poo the absurd idea OF the
Bank sOrrupting Members of Congress, Officers of the Go
vcrnnent &c They would soften if utterly silence the
clamor tina, the Bank initiates and the currcc
raises dcrresses prices. &C. &c In ,ort, they would
.,d
expediency of establishing Bank, while they would dctac
nothing from it. positive usefulness. We need National
Bank loan money the needy, but facilitate
nal Exchanges for the Government and People We
that the positive and necessary good be lost ii the pur
suit OF ex,rnsc privileges which any needless and
may prove disastrous.
IsprAs.-Thc principal Counties in the Id District give
The following mairrites for Congress:
Thompson, Wing Dasi-, opp.
vigo..7O0 700 maj sullivan ..-...5Gl
Pu,nan, 800 Clay y.----.--...---..lOO