Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1843-02-11

"For one, we say, we are in favor OF we'll
opsrded banks Of issue. We would reform the
system--no. annihilate it. We would erect ad.
ditional barriers-obtain increased security for
the redemption Of issues and gradually estab.
ish. fully and effectualy, the principle OF indl-
vdual liability. Reform, not destruction, is our
purpose.
The above extract is taken from the Mis-
souri, Reporter, the leading Democratic
paper in Missouri. The editor Of the Re-
porter has had the independence to resist
the hard -moncy doctrine Of COL Benton
and thus fearlessly expresses his opinions;
and for SO doing, the wrath of the central
clique" is hurled at him in manner that
bespeaks a determination to serve him, If
possible, as they did his predecessor, Mr..
Corbin. We are glad to see the editor of
the Reporter maintaining his ground as he
is, for we are sure if he can outlive the rush
that will be made to kill him of, he will be
sustained by the people; few believe that
the inhabitants of q country like ours could
transact their business with an exclusive
metallic currency; such an idea exists but in
the distempered brain of such men as Col.
Benton, and when the people, who have
been accustomed to look upon every thing
that emanatcd from such individuals as
being correct, without examining the SUBJ
iect themselves, will take the trouble to
read and form their own opinions, they
will feel ashamed for having suffered such
a miserable humbug to be palmcd upon
them Banks of some kind we always
will have, and such reformatons in the
banking system as experience and utility
suggest, should, from time to time be made.
The notion of an exclusive metallic cur
rcncy will soon be thrown aside by its pre-
sent advocates, as has been the State bank
system by the same party; and we believe
the day is not far distant when we shall
see these same hard-money, no-bank mel
calling out for a National Bank. There
are many who are called Democrats anc
who generally vote with the party, tina
are in favor of the establishment of Ma
tional institution which will afford cur
rency that can be relied on, and which i
not likely to depreciate in value one-thir'
by retaining it in ones possession willis
travelling from one State to another. II
this will things ultimately come, and tn
sooner the better. But we are strayin,
from our original purpose in this article.
In defiance of the Globe, Col. Benton
and other smaller fry, the Reporter scout
the idea of an exclusive metallic currency
a mixed currency, it argues, is essenta
and TO show the Bentonians it is not entire
~ alone, it copies an article from the Rich
mond Enquirer, from which we make tn
following extract; we recommend it to tn
hard,moneyites in these parts generally, an
TO "Arator," the High Priest of Democra
cy," in particular:
THE circulating medium of every civilze
country is compounded OF metallic currency an
of credit, in the form OF evidences Of debt =
This compound currency is essential to the ext
teace Of civilized society. Metallic none
alone suffices for barbarians, who have it'll
property and few and small dealings"
The above is tolcrable good pipe flu
FOR the hard'money men, particularly whe
the source from which it emanated is take
into consideration. If Col. Benton an
his followers are determined to make
metallic currency the test of democrac,
the High Priest" will find but little time
attend TO other matters than addressing lei
ters to Democratic editors informing ther
Of what course they must pursue in orde
40 save themselves from being read out c