The North-Carolina standard., 1843-10-11

Vi all natlonS, an excessively money-loVlnS anO
money-seeking people2 Do not foreigners who
visit our country say that go where they will in
our land, or into whatever sort of company, the
sound of the word dollar is by far the most fire.
quent which meets their ears2 Have we not re-
Gently seen the Whig party who call themselves
majority of the people, heap upon President Ty'
ler every opprobious epthet which malice can
find, merely because he would not forswear him
self and agree to aid them in creating great bank
for making paper money! They knew when
they voted for him, that he had dozens of times
declared, publicly and privately, in speaking,
writing and voting, that he believed United
States Bank could not be made without violating
the Federal Constitution which he was sworn to
proect2
I will now proceed to say something of the e.
normous tax which the people of the United States
every year have to pay for the privilege Of using
paper money instead of gold and silver 1 am
sure that am within the bounds of strict truth
when l say, that eUeryLG6Oring man IN the Uniom,
uUhether black or aohite, pays fifteen dollars q
gear on account Of this paper money. And let
me again beg of my ftlow.citizens MOTTO declare,
without examination, that this assertion is untrue
and impossible We have already seen that our
banks have, according to their own showing, rais-
ed upwards of thirty millions of dollars in inte-
rest in one year, or more than one hundred per
cent per annum. Our whole population, accord
ing to the last census was about II millions. OF
this number, taking out the women and children,
and the soft-handed men, who do not labor, think
tho
working-men at four millions. This will make
each mans share of interest about eight dollars.
Add the amount of counterfeit money put In Cir
culation-the discount on uncurrent notes.-the a.
mount lost by broken banks-and the amount OF
bank bills lost and worn out and the gains OF the
Brokers-and the gain to the banks by lending
money when it takes thousand dollars to buy a
negro man, and collecting it when the same thou
sand will buy two-and nine-tenths of the amount
made by the shavers-and you will have more
than another eight dollars to every aboring man,
1 have now written as much as think it neces-
sary at this time to say on the subject of paper
money l am myself working man, with a
hard hand and what have written has been done
very hastily, in such snatchcs of time as could
spare from my urgent daily business If my
counirymen have read what1 are-Nriitf n, and
been thereby induced to investigate the subject, my
object has been accomplished. Otherwise, have
written in vain, and to write would be a
waste of my time and theirs have been great
ly astonshed at the apathy and Ignorance in rela-
tion to our banking system which prevails among
us. 1t is a matter which vitality affects every
member of the community, whether rich or poor
If what have said of banks is true, surely the
locusts of Egypt were not so great scourge as
they are. II l have nladeany mistatemenlS, they
can easily be shown. l write over an anonY-
NOUS signature, it is true; but although have no
wish to acquire notoriety, have no objection to
letting my name be known, and am willing to sut
fer in character if l have done any thing 10 make
a false impression. Let me once more In conclu-
sion, beg my ellow-citizens to investigate the truth
of what Planter has told them. Do not be sa-
tisfed with thinking that you have found out how
the system works and can avoid being caught un-
der the bank traps in any future pressure. Think
of your children who are to come after you. You
know that you cannot bequeath your experience
to them. Leave not their paths strown with snares.
1t is old and very true saying that lndIvldu-
ais sometimes profit by experience, but that nations
never do We are like flock of wild turkies.
The huntsman knows that when the flock is first
grown, in the fall of the year, he has no difficulty
in killing them When he approaches them with
his gun, the parent turkeys in vain endeavor to a.
larm the young ones, and to make them fly from
the danger. The simple things, unsuspicous of
harm, stand and appear to view the hunter with
eager curiosity, until he shoots some of them
down. Even this does not teach them caution,
until number of the flock have felt the effects of
the shot When this has been done, the flock is
taught wisdom by their own experience, and be-
fore spring becomes extremely shy. They know
what the hunter is, and learn to escape as soon as
he is seen. But the next fall the same things are
enacted over again, and the old turkeys "put
putt in vain until the shot once more teaches its
lesson, A PLANTER.
For the North Carolina Standard.
| TnafGn0 ERan6OlDEI.