The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1844-06-14
NUMBER 81.

these emphatic words !" Order reigns at
Harsaw" And thus we are told by our
wise and paternal currency menders,"
"all is RICH, now !" Exchanges are all
equaled;" money ABUNDANT" "ordor
teieus in Warsaw" And what IS this
" equatng of exchanged The difference
is only the cost of removing coin from pom!
TO point of this Union. Precisely so is It
with Patagonia, Lapland, Timbuctoo, or
any other point, and no more; It is precise.
~ The same. There il no more conf.
dence between remote points of cur coun-
try than between the points named abotn.
Those who own coin can use il lhus; but
there intercourse stops aud is limited with
them. And should this be SO Are We
+" f pluribus Unum," or arc We 10 continue
az esIangcd people ! | EN- lover Of or
der, but | like the order of uctire inter.
course, not The order that reigned at
Warsaw"
The operation Of National Bank was
simply this: /, was the channel or means
by which all the John Smiths Of capital were
enabled to invest their capital, aud The bank,
through its extended branches al all the
leading points of the country, applied this
identical capita! TO the advancement OF all
the productive interests Of the country,
/ keeping them all steady and oil equal III
/ their safe and gradual onward course
This WINS our condition up TO the period
when il was determined to give the nation
! better currency" Tho history Of
events for that period is too fresh IN tho
minds of our readers 10 need description
here. Suppose il had been asserted al tho
time Of the declaration Of war against our
late National Bank that said war was be.
gun 10 destroy that conservative institution,
and in lie place first rear up many hundred
! banks, expand The paper system, set specu.
. IatIon wild, induce States to ruu IL debt,
4 then explode, and the General Government
. itself, utter having palj oil lis debt, to be
: compelled TO resort 10 loans and Treasury
!, notes to NEE. lis daily wants, and actually be.
!, come begger itself for means, would that war
!, having been declared? And yet as much was
g plainly predicted by every Intelligent mind
that directed its thoughts TO the subject
i And now we are told that the jackson and
Van Buren, party did not intend TO bring
, these calamitles on the country. Well, we
/ have charity enough TO believe they did
/ not so intend bu, is ignorance sufficient
excuse, and shall it still be permitted TO de-
mand continuance Of those same ignorant
i measures which experience teaches lies al
the bottom of these calamties +?
THIS is the question, repeat tina. 10 moi
> to be answered by the demagogue or the
money broker :; il is to be answered by the
) people at large, engaged in all the various
q pursuits of productive industry which pur
4 suits, since that fatal interference, have
been paraly zed and ruined. II they know
, their interests they will not fail TO see tha
4 vast amount Of capital lies piled up al I'm
!. productive points, and can only reach then
by means of a National Bank, which
a through lis branches every where about th'
+. country, managed BY their own neighbors
= can lend that capital useluiiy and produc
lively TO all interests to prosper. Let tht
i, demagogue spout his ignorant slang as h
:, may, this is the true view Of the question.
p S,