Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-07-17
lEn.m IL \. - Eysalag posIl

her OF Commerce ia thls civ, against National
Bank. It's 70 be remarked oft, that there Is
attached 10 o.. the names Of thirty SIX m'ui'rf-
Which, d, one more than the numaer Of persons
NhoNo q in favor Of Bank at The regular meet
my the Chamber. Nor does tn, isl comprise
the names ut an the membsts wac are opposed /
To- National Bank.
70 tte S-ps', spl Haass Of Representatives. q .
he L 5. IN Congress asssmb'sd
The uadsrs cned, menhets %, the Chamber oi |
Commerce of tie New York, dissenting tfoai
the view expressed AZ a memorial I'd 'pied by the
majority O, a late mceing OF that body, W.lus
upon Cpu-ress the incorporation Of a National
Bank, beg leave reS1eotuliy, bot earnestly to
demonstrate against the creation Of such an 10.
sjtuton.
We canno, recognise toe necessity of stea,ns
a special agent 20 manage the few and simple rs
cd operations OF the Government the receipt,
custody, payment and transfer OF It's moneys
when business precisely similar Is constantly
transacted lut the individual members Of the com.
nuaty, aud ior the several States through the cN'
lstnG Banks private bankers, merchants, and bto
hers. ia m amodpl vastly excedH-, in any gwen
period, the Nhoie, money uloaclions Of the
Go,elemcnr. And # we should concede that
an institution, whose powers and aet1oa were
eoutiard stlciy to lbc money affairs OF the Gov
eminent, mgu tl iree liom some ct the ehlec
uoa, 60 National Bank, We would submit that
those "hp justify rs creation solely on TINT
eiolud, ar bound 10 see thttlt3 purpose md pos
sl5ir exercise oi that power ATE ngdly restrain d
! within those Ii .lls,
The endeayor 10 regulate the foreign and do
nestle exchanges by any arUGcml device oil this
nature We Cannot but regardas he,ng t0ke many
similr schemes, now explode, for managing 'a
legislation, matters OF trade that arc best Govere-
I'd by their own natural laws, aud which IN spue
OF all efforts to the CONTRARY, will be reguln
ted BY those laws tyrannous il design, aud i'm.
possible in practice.
Another purpose for which such an institution
is sought Is, as regulator OF the pupercuucncy
Has The advocates Of 4 National Bank msin tam
the management, and regulation of the entire paper
currency Of the country be a sacred duty OF ;ht
Government, then We submit, II IS too immense
poaer,and too sacred a trust to be delegated. Ant
we submit further that to place so tremendous i
power IN he hand of a small number Of persons
such as lhe directors of corporation, WIN
Willie they oAeHa direct md controlling Influence
over the happiness OF every individual IA the ma
ton are responsible for is exercise only to few
Stockholders, Is utterly inconsistent with the spun
nd subyetsye OF the object OF our mode Of 60
yeruupeu
, The adv Gates Of q back invariably appeal +
I the xper,enct the past hXpeuruce.s Away,
t bu, III al- cast peculiarly valuable licx01d
iatfir cicuIest I0Huuer Tire enormous abuses
t which Tie power lodged u such an institution ma
be perverted, aud the danger for the future
, much ethan, ed by the pathway of cllne an
. wrong having been mir ady poDalcd out
The abuses Of the late bunk, before the cess'
4 ton Of rs national charter, were sufficiently abul
dant; but Il is idle, we think, 70 separate, so COR
4 peieIy ~ some do, the continuance Of The ban
uadcr It's STATED hatter Irom,Itsp lvioIs exlstenc,
: did MOI cease tor days II continued under prt
n clsyIy the same management; the changes thi
:, took place, if any, were mere changes in nam
r and in form. The only difference IN spbslnne
c vas, HAT the Stale bank had not The custody AZ
e use Of he public money; and ihia couirms u
$ belief. that The public depo iles were % Tar $3.50
4 n<e ii sustaining the bank and tie interests Of
h stockholders than wns The bank III promoting 4
b convenience ot advantage d TIE Government
d n confusion, We submit with perfrctrespet
!, and IN al Difference, That % The question Of exe
# ci.ine ~ important powefabou whose existent
y such ntaye and general doubts prevail. the Leg
n Ia,re or the couury, bound, like all agents 10 /
?. gard scinpuiou.ly lde terms and hm'ts d ihe !
ID s,gomrnt ifal constitutes THEN Authority, shou
d incline u he sale side, and Ell, tathcr 10 stoppa
+ short a, than il exceeding is supposed constli
y tira powers
N y. Aymar, Mortimer Livingston Joseph Walk
d Gsorre Hussey s. ]. De Is0yer, lRenel Smith, \
! ni,cn johnson. Henry Smith, Lora NASH Prof.
i M Wctmore, Henry II. Barrow, a NJ. Lawrea'
!, camn;,sN Z. White Saul AHeY Ogdcn, Naddu
Y H. Il d.. shs Wood, VIM Nelson, Ma.af
~ Ksnnegy e c.. De Rlmm n Mdofe, III iluft.J.
to Rod Moses Tayar. q II. Raherg. Bache Nc
III rets Il. II NicIloli. Daniel 'lrimlle. y. Ii, Wool
81 JoIn ii. Van Buren,. john II. HuNin' Jn..
i. & ca. WIN. Chamberlain APP Pilot, John Y.
nfl McCraeKts. VIM Banks
u Good 5sptimsais. a agriculture j. Che nurs'
ia of PATRIOTISM aud virtue.
IN IN .s4rtniture ai'.d 1ys-wss'.- :"
!, nation o great one.
- Science must combine with practice 70 nli
b, good farmers.
's' AJlihe energy of The hero ard all the re'e
!, = II lie philosopher, MAJ fnd scope 70 cpissa
u. oF one farm
~ IF YOU separate science rom agriculture
nj, 4 nation Of its princiro Jewel.
~ Az I,.hman was observed 10 feed big pig
'rh Ia, 10 repleilon and 10 sarve i 'hs neg. VI
IL inc asked his leason for doing n, hs sa'o; :
~ s,,1e and isn't il that likes 70 have ocacn
stake o'lat 10 the strake oIane equally on
81, = ter anolherl'
i0fs
z, TO much truth. young lady laisly
al' S served, When ! 60 he theatre, ! ain
Asu careless OF my dress, ~ Ihe audience arg 70
he1' epliye 10 the play q obsefye my wafdr'
sur ,c mi when got church, am very pa'lcul'
'e'' NV outward appearance: - most people go