Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1842-12-22
RICHMOND DAILY WING.

THURSDAY MORNING. DECEMBER %. lste.


The Of conduct described in the suboncd article
pursued by the Loco Foco majority of the Alabama Le-
gislatrc, is similar that pursued by them every where
The union for years past has rung with their
OF Banks and Bank paper and commentators of "hard
money" They have threatened the with
initiation, false in principle prolific in corruption and
Arsocratc in tendency; assaled the Wings its excu.
quesonaby upon these representations, enforced by the
miserable state of the Currency and business OF the Couu-
have succeeded in securing themselves the ascenden
cy in many States of the Union.
They have the command Of almost every State lie.
gsatue Where have they executed against
the Banks or fulfilled their promises the People p
Where is it that when brought the test they have
lodged as they have done in Alabamangorousy skulk-
ed from the responsibility which they had courted In place
of roofing the Banks, find them North Carolina
proposing the issue of million and half of Shin
plasters-n Alabama declaring any against the
Banks "unseasonable"-in Virginia consenng, many of
them to the continuation of small notes. and far from
attempting put the Banks down. endeavorng monopo
lie Banking influence by dcprvng the Stockholders Of
their rghtul control the Directors, and lodging the
of appointing majority in the hands of party Exc
cutivo And doubt these exempeswi be followed
by Loco Foco Legislature all Of them by their Legsa
tive action proving the satisfaction of every intelligent
that their vocferaons against Banks and Bank rags
were but the wiles of demagogusm-ihe expedent Of
knavish cunning for en,appng patriotic ignorance and hon.
est prejudice.
We do repine at the execution of the threats
against the Banks and knew would be and other
wise But foel just indignation for the thus
employed 10 wheedle the people, and make their honest
love of Country the ladder by which noisy may
climb power. Will the people see that all the up
roar against the Banks had this aim and otherl That
II has been throughout party inesse and nothing
That the Loco Foco party, which, 1892 has charter
ed throughout the Union 400 Banks, borrowed much
least intention Of dispensing with them
The QUESTION DoDSED-We learn that the resolution in
oduced in the House of Representatives Of State by
COL Petit of Barbour declaring that the State Bank ys
tenn had failed To the ends of its creation and
ought be abolished, which noticed yesterday has
been laid the table, motion Mr. Martini Loco from
Benton county, and that subsequently motion by Colonel
Petut 10 take from the table, svoted down by large
majority. This Is expected The LOcos after all
their professions OF opposition banks have idea OF do
ing away with the present system. They talk about di
of Bank and State" but when called act they go
for perpetuatng the union Ii furnishes them with po.
cal power and influence and they have idea of giving
This is but another instance of the gross hypocrisy and
outright dishonesty OF the Locofoco party What the
professions of such party WORTH "Locofocoism is the
same eveywhee and will the people understand
Look the sneaking which they lodged the
question. A motion made TO lay the resolution the
abe-a motion that cuts of all debate the merits of
the question, and in voting for which thousand
always ready 81 did against the resolution
oh, mo- only voted for laying it the table" And
why vote Tor laying II on the table Why, orsooth,
the resolution unreasonable and of place.
an wise action can be had upon question
until full and accurate information has been laid before the
Legislature " And such n miserable apology from men
who have for years been crying "down with the Banks
and huzza for ''hard money :"
In the name of common and common honesty, do
these An Bank LOeoS hear from the Banks before
they opinion in regard the system1 What
information do they expect that will throw any light
the subject Where their democratic principles
Has the experience of the last years been sufficient
To satisfy them regard workings the
Oh no-Acr humbugging the people for ten years past
with the pretence that they going put down the
Banksdve all shinpIasers and bank rags crcula.
tion and introduce pure metallic cuTency-god and sl.
verafter all this, find them declaring that resolution
ugai: State Bauk system, unreasonable and
out of pacc!" Out upon such hypocrisy