The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1843-06-27

screwing collection from the people, every '
where and, as our Banks could not tell
when the Northen Banks would resume,
their only course OF safety would be, to
collect every dollar due them, with all pos
sible despatch for IT ever, for the space
of thirty days during year, the Bank |
should be out of funds, wherewIih to re-
deem, the Charter would be forfeited, and
heavy penalty accrue To the holder OF IFS
notes. Aud who, iellow.ci citizens, would be
the losers Of these heavy penalties ! Who,
but your own citizens, your own State anu
your own long cherished Common School
Fund.- And who would be the gamers
The poor No, indeed But the keen
eyed broker-the man who has been fat +
.ening, for years, on disordered ourren- /
ey aud will continue TO faiten, SO long as
tie causes Of disorder exist, while their /.
authors are daily haranguing The people /
against the laundering rapaclty Of the mo-
ney denlers--a swarm Of vampires they
beget themselves, by furnishing such album
dant fuod.
Next TO Mr.. Biggs' idea Of regulating
I the value OF dollar a thousand miles of,
by an act of the General Assembly, IN
/ that case made and provided, the most
whimsical Was that of Mr.. Shepard, who
undertook by one bill, 10 make times easy,
by increasing the quantity Of paper, aud,
i BY another, to prohibit the citizen from
paying his Bank debt with Virginia, South
( Carolina, Tennessee, or Georgia money.
Having now presented to your view the
attitude Of the Democratic party, On the
+ subject of the currency, on the New Years
/ day 1913, We will open new chapter and
cuucludc 18th their dolngs.
Ga Monday, the Pad January lsi3, and
doubtless With the view TO redeem the
pledge of the party for a scorching inves-
tigation made the Saturday before, Mr..
Junes, of Orange, introduced formal set
Of Resolutions, duly garushed with q
pompous preamble, wherein It is set forth
IL that 4 due regard TO the public interest
requires thar the condition of said instilu
tons shall be thoroughly Investigated, that
II IS impossible TO make IL during the short
time that any General Assembly ough, 10
to tic public a,.d ,,.e Banks themselves,
that their condition shall be ascertaIned
and made known 10 the country" The
Resolutions, after this flourish proceed 10
appoint three Commissioners who ore 10
be sworn, 10 be selected by JOINT vote OF
the two Houses, with power to inquire into
"ail abuses " aud call violations Of their
charters, and generally, into all and any
matters connected with the management,
OF said Banks" TO summon witnesses, ad.
minister oaths, take evidence and report
as soon as practicable to the Governor.
Now, after the haunting given by Inc
Wigs to the Democrats two days before,
this did look something like coming to the
; polut-yet alas how brief their career
how absurd their end They we're read
and ordered to be printed, they were print.
: cd. And although the Legislature sat for
nearly month afterwards, we never heard
: Of them more EGr The mysteries 81
Bank corruption are thus safely lad auay
for another political struggle.
In view of the multiplied, deliberate and
causelcss, attempts at violation Of Bank
charters, as proposed bv Mcssrs. Brown,
Bggs, aud Shepard violation which VIC
DO uol hesitate TO believe, would have been
pronounced gross aud papabla By any and
every Judge IN v. Carolina, the Bank of
the State unwilling 10 breathe out It's exis-
iencc under the sirangiing operations of
financial quackery, or to maintain its char
tered rights by war with the Lcglsla.
tuFe, proposed To that body that, &c il would
take on itself the responsibility Of advis-
ing, on behalf Of the people, dissolution
Of the cupartnersbip and closing the husi.
ness cf the Bank, the individual sioc1hold.
crs would concur therein. This PROPOSE.
ton piaccd the future existence Of the
Baak under the complete control Of the
Democratic majority; they had but TO
speak the word and seal FOREVER its fate.
Yet, the men who loved the people, aud
for their sake hated All Banks; who had
sworn their down fall on the stump and in
the public press, because they were leeches
/ feeding 90 the hearts blood OF the re.
public THESE MEN now iumcd and fretiod
and rayed with madness, because their long
pursued victim had surrendered Itself, and
/ invited them TO take its life, on their own
responsibility. They hadno idea Of making
sGchanUNwELcoHE conques, aud thcy were
soTely puzzled TO know how they should
treat their prisoner. They debated and
considered, aud resolved, and re-debated,
and re. considered, and re.rcsoIycd; some
went for IFS plumber, aud instant decapita.
lion; others for decent burial and legal
administration Of It's assets: And, finally.
not being able TO agree about the mode Of
putting it TO death and disposlng of the
plumber, they dropped all their bills Of ~.
tainder and forfeiture, all their Elk Posr
FAcTo laws, and began to speak even re.
sPeciiul!y Of o.; aud Just ut the close OF
the Session, The most violent were even
hanging on its bosor. and delighted with
~ pictures. Thus ended the Democratic
Bank crusade Of the year Is43; not the
least curious and enie rtaiDing part Of which
IS, that, on the eve Of our adjournment.