Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1842-02-26

and be dgsEnuea a3IllSs LAG EAsSheN
hcoks.
p,AoueMtaE.--Ths people Of plaqnemine
are very happy, and they have reason to be SO.
They have " lots Of money" two churches and
a spacious academy for young ladies' IN the
process Of building, a tacit covenant with the
Father Of Rivers that he vii! no more under.
miac " tho good denizens In their affiirs, and
last, though not least. one Of the most witty
and worthy papers in The country.
TIE BANGS AND THE BANK BII.L.-Atfairs
seem verging to a fearful erisis IN ". Orleans" ;
merchants are breaking, bank paper deprec'-
a,ipe, business IN stangnap'. tha populaee
rcstif, and A vast deal Of othor phenomena ap.
pear on tho surface OF things, clearly showing
an owl day is q, hand. The ship Of state has
kreeucd over 10 much to the left. that It 10
even now doubtful ii she rights again, until f.
nally, fully, and fairly righted by the lndustrl-
ous, careful hand Of the husbandman and mo-
chanic. BE it as 1t w,ll-let her right now or
not--she must ultimately fall on her BEAM
ends, and there lie, until brought up by the
classes lust mentioned. The most glaring
facts predict this, and we say to our readers,
prepare for the shock,
1t il seen by the Bee Of Monday, that tho
paper Of the Orleans, Exchange. Atchafslaya,
and Improvement banks, was absolutely refill
sea hy all other institutions. whether on de-
posito or in payment Of notes; and IN
s,ruc,ions TO this effect have becfa sent 10 the
three br inches in thin place. Tho paper OF
theae banks was disposed Of on Monday in the
city at 8 to 10 per cent discount I; and the pa
ners of Thursday inform us h atthings were no
better.
These milling facts require a few rcm1rks.
Our frat observation is, that they arc not I'M
expected they have b,en foretold and since
this Gazette came under our charge. it's read
ers know we have repeatedly warned them
tina, come Of the banks of Louis;s1na m,st GO
by the board. It was evident oil could not
sustain themselves, and Il lie now evident the
strongest ones cannot sustain the weak. Let
this experiment be tried. md all will BREAK {!
Some must break--if not now at no distant
period and il the bank bill recently passed
by tho legislature goes into operation, the en-
tire mass, with a majority Of the planters and
business houses in the state, must goto de-
strnction together!
A word respecting this bill ard the spirit in
which it originated aaa passed. 1t is the off
spring Of party (; the effervesenfe Of feelings
hostile to the binks and forgetIuS Of the people;
it is opposed and sustained on party grounds /;
and in this case, party animostity is aggrava-
ted into anger and wrath by the peculiarly Of
the times and the circumstantial influence of
certain individuals. The Trainers OF tho bill
appear TO have conceived n rablIid attachment
for it's every letter, and are resolved not to bate
one comma Of its measure or intent. Its op.
ponents. equally resolved, resort to the most
rash means to procure its overthrow. The
Bee boldly charges the bank difficulties and
ether financial arrangements to this bill !;
while one OF its supporters with whom we con-
verscd yesterday, a gentleman Of influence and
information, and who, we believe, speaks the
sentiments cherished by his friends, openly
deuounces the banks as being| tho authors Of
tho present excitement with a view to over
throw the bill.
We believe both in error. The bank bill
is not yet in operation, and CO: scquently can
not have affected the community, as stated by
the Bee. Some bank men for effect, may
have eudeavored to ex:ite popular feeling
against il, and thus condemn it without trial,
by anticipating it's ultimate action. This is
no dosbt, to a certain extent, true; but still,
even this move could not have produced the
crisis, unless for the existence of
crawling rottenness somewhere. 1t is all fad
die, mere verbiage, this talk Of the Senate
tina. their bill can save the State from the dis
tiers a batch of lnsolvent banks must create
it may XIII the sound ones, but will never heal
the sickakNo Legislation, god, bad or indif-
ferent can do it. Ends may be precrastinated,
blows parted, but ends and commissions must
finally come. We regret, exceedingly the
demonstration of III feeling by members Of the
Legislature on this topic; it is the cause Of
serious Injury to the community at large, STIR
ring up excitement and augmenting the en-
barrassments depending upon other causes al
together beyond human control. Perhaps
gentlemen may consider their own passions
" beyond human control; )" but, in considera-
tons mercy, goodness, and commo sanity,
should eEdeavor to crush those vile pre-
OF party, and conduct themselves like
men, like patriots, like worthy citizens. Will
they do it
gJ The edieor of the Natchitoches Herald
is amused at our offer to neighboring planters,
to improve their stock. 1t is true Mr.. Herald,
make the offer, and id good fat , too.
We have in our stable as fine a young Dur
ham bull, and in our yard some as thorough
bred Bersshires az the country can boast
Was there on, among the latter possessing
your scurvy nature, sir, we might offer him
to spoil, but certainly never to improve any
race of animals in creation.
IT 1t does ones heart good to read such
as that in the Bee of Tuesday on the
.irtb nj WASHINGTON. Il ia eloauence made