Lexington union. (Lexington, Miss.) 1838-18??, 1842-09-17
From Niles Register, Sept, is, 1921.
EXTRACT.

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he used to pay for it annually with one
barrel oil flour, but that three will not do
il now. Another, miller in Ohio, on
paying his advance TO my agent, observed
that he had sold four barrels Of flour to oh.
tain The note OF s. which was RENTED"
G-The United States Bank was then
in full blast; and from one end Of the In
ion TO the other, at the same period this
absolute want of money prevailed. Where
WAS the grea! relieving monster, the U.
IS. BANK then?
The Wings throughout the Coon Skin
campaign, poured out deluge of relief
promises; high wages, high prices, roast
beef and two dollars day, reform and re-
trenchment, were held out in the most Sc.
ductive strains. These promises we're
embodied in coarse songs, displayed in
iulsome paintings on the rolling Balls,
they were uttered by every vapld cox
comb and senseless Osler, frem Maine 10
Georgia. The people have ascertained
sufficiently well, what weight 20 give to
WING promises in future.
The question now presents ilselC-How
did you expect 10 fulfil any one OF your
empty promises1
1t could not have been through the in,
strumentality Of great mammoth Bank
shop, in which brokers, bankers, stock
iobbers, Directors, Cashiers, and British
paper Lords, could revel and enrich them.
selves upon tho toll of the labOring million.
That a man can borrow himself rich,
is filthy proposition, hong sipce exploded.
That Bank drives the specie from any
land, and substitutes It's own rags, none
will deny. That labor alone constitutes
The wealth Of a country, is an axiom and
any system which shall interfere with the
healthy conduct aud regulation of labor
must be perncioas. Well, let us supp ose
the favored measure Of the wings to have
been perpetraed-lher one hundred mil.
hon Bank created, aud its mother estab-
lished in New York, to furnish paper to
all the little whelps, as from time 10 time
they should be delivere&
Upon the one hundred millions capital,
the hank can issue three hundred millions
and with safety. At least, so say the
magnificent fnanciers who belong to all
the Decency. Here then, lnstanter, the
Bank is enabled TO loan the above sum to
politicians, merchants, SPECTATORS and
brokers-a sum more than double the a
mount Of all our exports. To this class of
citizens, spectators and gambling traders,
an amount OF paper, is, with the govern.
ment's indirect endorsemenD given, which
while 1t drives away from our markets the
small and honest merchant, who has ac-
qulred his means by hard industry. they
are enabled 10 aflix upon every species of
property, just such value as they choose.
In proportion to The increase of money
whether real or rags, rises the prices of
property. The gambler and bank rag
baron swelIs the prices Of real estate, Of
shipping city property, &c; and whilst he
purchases at extravagant rates upon bank
loans, the poor man and laborer, should
he desire property, has to put his labor,
against their loans. They monopolze
foreign commerce and imports; monopo-
llze the carrying business, expeIling
all competition, and force the farmer, la.
borer and those who are not bank favor-
ties, to purchase at their own prices. They
can bring 300 millions Of whig money
against the whole labor Of the land. Ev.
cry man is we'll aware, that us a general
rule, mechanical labor'fluctuates, less than
that Of any other character. In twelve
months, tho whole country is flooded with
rags; the borrowers pockets are immedi.
ately filled with them.
To carry on speculation, he rushes up
the price Of wheat, corn, meat and other
things aPpertaining to the conduct Of bu-
siness. The mechanic still receiving his
old wages, has to come up to the increased c
prices of necessaries; no facilities are Civ. a
IN to him, So with the farmer, he is not 8
allowed 10 buy five ploughs with bale OF y