Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1841-10-19
PUBLIC MEETING.


day, the first day of October, instant,
and convened to consider the course O
President Tyler in reference to the
question ola National Bank, Col James
C. Wilkins was called to the Chair,
and VIM. z. Conner appointed Sec
rotary.
Upon taking the Chair; Col. Will
kins addressed the meeting, as fol-
lows:
FeLLOw Citizens-I had the honor
a lew weeks ago, to preside at a meet
ing OF the Wings of this county, and
city, when it was proposed totake in
to consideration the first veto message
sOf the President.
1t was then deemed expedient to
defer any further action, on the subject
until more full Development Of the
views Of the Chief Magistrate, on the
vital question then seeking his consti-
tutional sanction, should be receiv-
ed.
We have received a most signal
manifestation of his views in the last
veto, which was the prelude to a dis
solution of the Cabinet at this most
critical emergency, audit has become
necessary that the people Especially,
the wing portion of them,) should
speak III voice not to be misunder
stood their opinions of this measure.
For that purpose, you are here as
sembled, and it is my earnest and anx-
ious wish, lhatyour proceedings should
be marked by frmness,by moderation
and dignity, that you should speak
like an aggreived people, understand
ing where the legitimate sovereignty
resides, and in the exercise of your
original duty.
On motion of Judge Winchester,
the Chairman appointed a committee
to draft resolutions. Hon. Geo. Win
chester, DR.. John Ker, Mark Breed
en-, VIM. J. Minor. Jas. Gillespie,
VIM. Bisland and Marine Ruffner,
Esquires, were appointed said COM
mittee.
During the retirement of the COM
mlttee the address of the wing mem
bers of Congress was read, land heard
with profound attention, and inter
est.
The committee through Judge
Winchester,reported the following pre-
amble and resolutions.
Mr.. Chairman, the Committee have
directed me to report the following
preamble and resolutions to this meet
ing.
The power Of Congress to create a
national bank was questioned soon af-
ter the adoption of the federal consti-
tuition, by some Of our wisest states-
men, and large portion of the peo-
pie.
The power iii existed rested who'll
~ upon the necessity and propriety as
a matter of fact, of such an institution
as means TO carry into effect some or
all OF the express powers ofthe gener-
al government, in such a manner as
should best promote the general well
iare. The existence ofthis propriety
and necessity, as fact, could only be
ascertalned by experience on the sub
Ject, There should have been a wide diff
ference Of opinion among the most en-
inent Tor talent and sagacity.
But period of more than fifty years
has now elapsed since the adoption of
the constitution of the Union, during
which period every means have been
tined for the safe keeping and econom-
zeal collection and disbursement of the
revenue, and for the preservation of
uniformity and equality in collecting
duties by the aid of uniform and
sound currency, and the experience
has resulted in the demonstration, that
these ends can be accomplished by no
other means than a national bank
Such as a matter of fact we understand
TO be the admission of President Ty-
Ter IN his message TO Congress at its
recent extra session, in which he une-
qulvocally condemns the State Banks
and Sub Treasury, and recommends
the adoption Of some fiscal agent, which
shall aid the revenue and restore a
sound currency. This too is further
confirmed by his sanction of the act.
which has repealed the Sub Treasury.
These, a SUb-Treasury aud State
Banks are the only means, other than
national bank, which ever have been
or can be resorted to, as a means of
safety and economy in the collection,
keeping and disbursement of the rev.
enue, and Of afIording uniformity in
the duties by the aid of sound and
sufficient currency.
The sufferings of the people every
where in all their business affairs from
an unsound currency produced by
successive experiments of State Banks
and Sub-Treasury, as a substitute
for a national bank, by which the rev.
enues had been more cheaply collect
ed and disbursed, and safely kept and
transferred, ard The currency had be-
come more equal and uniform, than the
revenues and currency of any country
I'll.