The Arkansas banner., 1843-10-07
 NATIONAL BANK.

an institution has been advocated, will .. to be surprising, when 1t is remembered 1t is the cornerstone of that party. Iti soul Of the credit system give them the ms to extend that system into every ramifca ofsociety, and you impart to them a powe weaken the foundation of a democratic vernment. We honestly believe that iia. never had been a National Bank, altbm that party would have outnumbered ase poral's guard,o yet would now have ls utterly powerless-the leanest of all e minorities. @
 A National Bank, established in the instance by violation of the Constitud perpetuated at later period, on the authol of that unfortunate precedent, would ha been fixed on the country forever, but the extraordinary popularity of Preside Jackson, of whom MT. Calhoun trily sa he was among the few men, who possess the happy faculty of impressing his feeln and sympathies upon the community.
 The Constitution granted but few powe to Congress, and defined them with the u} most precision; yet by ingenious anaopiekt drawn from the British government, enforced by the singular ability of Hamilton, that inI strument was evaded, construction giyeA to 1t by the-fedeFal party, that would hayk reduced reduced u, ir irct, and i'll practice, to onk unlimited grant, of providing for thes gener1 welfare" It was said that the exclusIAs right of judging of the necessity and chars ter of the means to be provided for the exE cution of the specified powers, was vested Congress, and that, when that right was eN cised, 1t ought to close all inquiry, by eth of the other departments of government Is not obvious that such an exposition of thati strument, would authorize Congress to anything not absolutely prohibited T federalists had well nigh succeeded in maxi Congress as omnipotent as Parliament, wh [ Thomas Jefferson became the first Chl Magistrate of the nation, and saved the col stitution of his country from total inmol 1 ton. We barely refer to these things, f| the purpose of showing, that if the peopI shall ever become weary ofliberty, and desi| to be slaves, they have only to entrlrst d| whig party with the unlimited manageme] of the government.
 Tine inexpediency ol National Bank so apparent, that even Mir. Webster was forc4 to declare that .sit was obsolete,' ? thus provil that truth may be so self-evident and oveI powering, as to compel it's reluctant ackaovi edgment by preiudiced partisan Win else could he, or any other sane man say With the ruin and desolation, which the la National Bank produced, staring us in tn face, and warning the people that anothe experiment would be fatal: looking at ..h vast power 1t had concentrated-a power al iioot do StouS dS tidt oi tlie goFeIhilen' who we ask is so infatuated as not to say thata National Bank, in any form, a Nation; Exchequer, of any description, are esobsole, ideas," condemned by the spirit and patrio ism of the age in which we live, as mimic to our institutions.
 We have no National Bank, yet the law of trade regulates, as they ought 10 do, a commercial operations. Exchange, abo which merchants talk so much, is cheap than t was during the existence of Bank property has something like permanency value, at least 1t is not at the very highe point of appreciation to-day--down to Il lowest point of depression to-morrow-a farmer, although he does not obtain as lars a nominal price for his produce as he d six or seven years ago, yet it is in gold an silver, and every thing he buys is proportion ably cheap, and would be still cheaper, b, for the present prohibiting whig tariff, whic seems to have contemplated4he destructio of the farming interest. LH a word, extrau gance is superseded bylecoaomy, inactivit by industry; the country is fast recoverin from its embarrassments, and it is only whi measures that can again overclolld the ns ton with despair.
 Although 1t seems to be almost agans hope itself, yet they still cling to Nationa Bank" good old-lashioned United State Bank"-and if they could succeed in estab fishing one, they could throw the county back into the wretched predicament provide for us by the last or MT. Biddle's bank, w put it to the sober judgment of the people whether they have ever been benefited by bank, and if not, whether they would not re gard that policy as wicked in the extremf that would resort to so fearful an instrunen of mischief. There can be but one answe to these questions.
 The Gazette advises our friend Dr. Char man to seek the society of his superiors, an