Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1843-08-26
Ton ~ Lnt..na stnte J
THE BANK.uATING LOCOFOCOS.

THE BANK-IIATING LOCOFOCOS. I
The autioned extracts from MIR Locofoco =
WfIpht's speech IN the Senate Of the L. States ,
in 1881, may be read With profit By the Bank ha- 1
ting Locofocos. |; was at that period, as abun~
dainty appears from the extracts, that General =
Jackson and his party, against the will Of tho 7
Wings, were forcing these institutions upon the ,
country. 1t was at that period, also, as the rca-
ders II the Journal remember we have recently /
shown them, that the Locofocos Of Indiana, fol
lowing in tho wake of The powers at Washington !
pressed upon people the creation Of tho pres
ont 55.ato Bank Il may not be unprohiabIa to
Place what follows On record. Mr.. Wright said:
'''the country viii sustain the Executive arm ,
Of tho Government III tho experiment now
king to substitute the State Institutions for the ,
Bank Of the Unltod States"
Tho Senator from Massachusetts has asked ,
if you VIII not charter the Bank or establish
new Bank, what VIII you do? Ho (AIr WfIgh)
would answer that he would support tho Exeeu-
tive Department Of the Gpvernmonf, by ali the ,
lawful mean, III his power III the attempts now
making substitute the .State Banh for the Bank
Of the United States. IL believed them perfcct +,
IN and cOmpietefg com petcat 10 he object and he
lrioAy u4EloUed by The alarms that had been ,
sounded Their insecurity and tho dangers that
wore to be apPrchentcd irofn the change. lie t,
hold that the steps already taken to effect the OBJ
iart IN view were all rrarraafci BY the Consftu-
lion and The lars Of the Iand Il his firm ,
opinion that the steps which had been taken
would REBOUND TO THE HONOR AND
BEST INTEREST OF TIE COUNTRY, aud
ought ho sustained by the people and their
representatives,"
Let add. in addition, the following. from sIr.
jackson Van lren Secretary Woodbufy'5 Re
port 10 Congress, IT 1921:
..In4iv,I1,I AGENTS ,riH orob,s5Ig be f,u4d LESS
..,,..ra,, s,.,, =, ,,,-.,>I,.yi and r-C,v9v1r,L
I,5 h,,L1
~ .h,,ltt H., ron.t,rtlv ,,ll..leJ tina, the ,
,,oar,. oo,I ,,,,.,.,. nf hunks .hrp praperlv :
Undated, T. t.,,aI ,,,ya ,,r,, ,-,aos !, tha,r ,,,r
49, ro l,lo ,,1cr ind,vIa,,rs Interested +, trans
, .,I, is,T,, ,,o,n, and ina, IIe.a cIrcnfns,an
~ nah $50, ,r.c.,or,.e -, caae of failure haloog.
'''' wv w. $780,. &c ,tn; t, n,a
'- ,,h 49, ;,. e 49,
'1' ',, =, ,ha [,varnr,, rnlar 'ha,,
pF,",' g'''n :" ,o ,s o',,.r;. y,
'i;n;j,y ,,,,c,t, 9f tt@ J-,,;icd Suites j
a,,n,,,vc Tho yyo,nan Of Encland onnear ,
do,cr,n,nad 70 ,akc the faIJ. and exert an mia.
~ ,.,,. I hf,l;,,, ',,hI,. ,,,o,;.,,ss ,,os
t,,, r,,,,r,,,,,s e.. r. ,r,,,ra,e matters mad
.t,,F,. yh,.h h,y, haroro.7rc been considered
sa,nNxh IA, o,t of thclr sphcro md helonrinr 20
tho ,.I,rl. f the creati,n" The (iateshead O5.
sc,var an rt,!i.h ron.r ms the following para.
qr.rh.
.,r.,;-v "a r The F,,;r Sc. u 7ring the ,resent
,t. l 49,. .,.,,.., If tl,s fur 50 h5s horn
b.1 -, 1n,,,l.v r,llIrrv. NJ which UPWARDS Of
naa ,h,,,.a1 narsn,a ,y,.r, uresrot. ;be women
hNlrt, n,t<-d III fruffr. the neiphbo5hood with
music aud bauuer-. Mrs. Winter. Of kelIoe, was
ela.ts1 T., tho chair usdtb1te was then opeD-I
OF aud several resolutions vera passed which
viii ha,r the closest cou,gris9n y,lth the enact.
meats Of oar Iand-own!nr Iawgivers The object
OF the women was tho Same rs tha; Of tho lnud
owners VIZ: 10 rcrulato the prico of food. Three
Wills of mil 4 plnt and half1 tho ladies' resol.
ved should b., sold for a penny beef for 4 tt
pannd huttor 81 and so ON
One of tho resolutions passed nt tho above
,rea,,,f, 3rt that any hansew lfe givIpr more