Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1843-05-20

Seyen-ienths Of this capital are IN the hands
of foreigners. and these foreigners chiefly
English subject. We are possibly on The
eve Of a rupture with that nation. Should
sucb an event occur, do you apprehend
tho, the Enplish Premier would expert
ence any difficulty in obtaining the entire
control Of this insllutIonY Republics,
above all other Governments, ought most
seriously TO guard against foreign infu-
ence. All history proves, that the intern
al dissensions, excited BY foreign intrigue,
have Drodnced the downfall of almost ev-
erv free Government that has hitherto
existed and yet gentlemen contend, that
we are benefited by the possession of this
foreign capital live could have its
use. without ifs attending abuse, should
ba orati6ed also. But it. is in vain TO ex-
meet the one without The other. Wealth
is mower and, under whatsoever form 1t
exist. its proprietor, whether he lives on
This or the other side of the Atlantic, will
have pfoporiionate influence. 1t is ar
cued. ,hat the possession of this foreign
capital gives US a great inf fence over the
British Government. If this reasoning
be sound, we had letter revoke the inter
diction as TO aliens holding land, and in
yite foreigners TO engross the whole prop
edy, real and personal, of the county
We had better at once exchange the condl- !
ton Of independent proprietors for that of
stewards We shon'd then be able TO
govern foreign nations, according TO the
reasoning Of gentlemen on the other side.
But let us pat aside this theory, and ap- |
peal TO tue decisions of experience. Go
10 The other ste OF The Atlantic, and see
what has been achieved for us there, by
Englishnen holding seven-tenthS OF the |
capital ofthis Bank. Has it released from
CALLING and ignominious bondage one soil
tary American seaman, ii eding under
BRUSH oppresssionH Dill it prevent the
unm1nly attack upon the ChesaPeakeP-
Did it arrest the PRONUNCIATION, or has it
abrogated the orders in councIl-thosc
orders which have given birth to a new
ETA in commerce. In spite Of all lis boas
ted effect, are not the two nations brought
10 the very brink of war? Are we quite
sure that, on this side of the water, it has |
had no effect favorable TO British inter
ests2 l. hos often been stated, and al
though do not know that it is susceptible
of stric. proof believe 1t TO be fact,
that this Bank exercised its influence in
support of jays Treaty--and may it not
have contributed to blunt the public SEN
timsnt, or paralyze the the efforts of this
nation against British aggression?
The Duke of Northumberland is said TO
be the mos, considerable stakeholder in
the Bank Of the U. States. A late Lord
Chancellor Of England, besides other no.
blemen, was large stakeholder. Sup.
pose tho Prince Of Essling, the Duke of
Galore, and other French dignit0ries,
owned seveneighths of the capital of this
Bank, should we witness the same excr.
tons q a'ude not TO any made in the
Scnate) 10 iccharicr ~ So far from il,
would net the danger Of French influence
be resoundel throughout the nation?
shall, therefore, give my most hearty AS
sent TO the motion for striking out the
frs, section Of the bill.