Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1843-09-23
From the ZaneSrille Aurora.
SOUND VIEWS OF CURRENCY
FROM A CHRIS TAN AND PA
TRIOT.

EROM A CHRIS TAN AND IA
TRIOT.
Bishop Andrews, the author of the an.
neXed extract, published in late number
ofthe Southwestern Christian Advocate,
is alike distinguished for his piely and
talents; he stands pre-eminent as preach
er in the Methodist Episcopal Church;
and the ground he takes in opposition to
the base currency which affiicts this com.
try, entities him to the lasting gratitude OF
every patriot heart.
"The failure of 50 many banks has 50
far destroyed public confidence, that even
those institutions which yet remain are
able 10 do but little business. Paper mo-
ney is therefore pretty much out of use in
manv portions of Mississippi; gold and sill.
yer forms the circulation in many parts OF
the State last winter. am not going 10
discuss the doctrine Of bank or no bank
because this is aside from my habits Of
thought or speech. With political discus
sions or partisans strifes have nothing to
do; bat there are certain aspects OF this
question which force themselves on my
observation, to which would pay brief
passing notice. First, the substitution of
gold and silver for the pretty pictures
! which had circulated as money atoretime,
has removed one cause of restless and fe
verish suspicion. A man is not afraid to
receive money i'll the morning for
lear it will be worthless before night; n II
does he apprehcnd, as have often done,
in passing through this country, that his
money vii be ont OF date in travelling
lwenly miles. Confidence in the curgcn
cy of the country is very important elo-
ment in The promotion of individual and
neighbolhond confidence. To be sure.
the value of properly had decreased; or,
more probably, it has selt'ed at It's real and
proper standing; but this very thing may
work good for the country. The people,
losing sight of growing rich at once, wilt be
content with Gods method Of getting pro-
petty. Having given up the notion Of be-
ing nabobs, they will learn TO be content
with that independence which results from
industry and economy. They will turn
their attention 10 h me improvements and
home comfort; their negro houses will he
Comfortable, and the feeding and clothing
will improve. Instead of depending on
others for their bread and their meat, they
will avail themselves of their many ad.
vantages of soil and climate for raising
their grain and their own stock. Already
This is cone on large and increasing
scale, s. that found provisions much
cheaper in Maids N Coun y, Miss last
winter, than they were in middle Georgia
This slate OF things will OF course be ia
vorable to the claims of religion. The
people coming down from the lofty vi.
sions in which they have been ndu ging,
and having become sobered from The de.
pletIon through whith they have been
p sing will lie more apt TO take time to
think of death and heaven, and to grvo to
Jesus and his Gospel an impartial and
cordial reception. With such currency,
there will he fewer temptations, because
fewer opportunities for the display Of ras-
caIity. The whole apparatus OF costly
bank edi6ces, and the lrng list of bank Of
ticcrs, may be dispensed with; and the
community is saved from witnessing what
is, perhaps, after all the great difficulty OF
the S, stem at least as the people of this
country have seen it exhbited--ihc cor.
ruplion of morals, and the proslratioI Of
the great principles Of honesty between
man and man. do not say that these
things are necessarily so, or that the sys-
tenn of banking could not be carried Oh
withou, there results; but taking the good
cd rule, that the tree is known by its
truits-viewing this question in lis moral
aspects alone, an actual examination OF
the history of the banking operations Of
The country torihe last ten ears affords We
nv little whichis favorable to these insti!u.
tions or complimentary TO human nature.
There may BE- many arguments used a
gains the metallic currency. | have heard
one argued pretty confidently, viz:-ihe
Inconvenience oil carrying It from place 10
p!ace Now, This may be very weigh'y
81 lection with some; but as for myself,
have never been much burdened with its
weight. now lid adieu 10 lhnse ins,itu-
lions. wishing them more silver in their
vaults, and more honesty in their manage
ment.