Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1844-08-15

Col. POLK and his friends prove his
consistency by declaring that he has been
with General JACKSON all the time. The
force of this reasoning is well illustrated
by the following dialogue, copied from a
pamphlet published at the Office Of the
Nashville Republican Banner:
OLD HICKORY AND YOUNG HICKORY.
1880.
Old Hickory. Colonel, how did
you like my plan Of Government Bank,
the outlines Of which | furnished in my
message 10 Congress yesterday
Young Hckory,-The graudest finan-
cial conception in all ",he tides of time. I"
Old Hickory. And my notion OF a "lo-
cal paper currency" to be furnished by
the State banks!
Young Hickory.--Excelen,, excellent.
II will strengthen the States.
1882.
Old Hickory.--Good morning, Col.
Polk. How does my veto Of the Bank
take with the members Of Congressf
Young Hickory. -Admrably. II will
be the salvation Of the country.
Old Hickory.--l sincerely regret"
that the charter was not so modified as TO
enable me to approve it.
Young Hickory.--lt was great mis-
fortune that il was not. For entirely
concur in that part of the message which
says that "a National Bank is in many
respects convenient for the Government
and useful to the country" and that one
might be so regulated as to be "compatl-
BILE with justice, with sound policy, and
with the Constitution.
1888.
Old Hickory.-(at dinner GEAR Nash
ville:)* The true constitutional curren-
cy is gold aud silver con:-lt can cover
and protect the labor of our country with
out the aid of National Bank, an instilu-
ton which can never be otherwise than
hostile 10 the liberties Of the people; be-
cause its tendency is to associate wealth
with undue power over the public inter
ests."
Young Hickory.-( Rubbing his hand
on his paunch.) Oh, General, that makes
one feel good here. Aside. -That toast
does Bells business for him.
1884.
Old Hickory.--Col. Polk, am glad to
see you. | have removed the deposlles,
you perceive.
Young Hickory.-And most praise
worthy measure 1t is, General.
Old Hickory. the public money
will not lo idle. fancy will give special
directions to the banks to discount llber.
ally upon them, particularly 10 the mer-
chants, and to "extend their accommoda-
tons to individuals" generally.
Young Hickory.--That is the true
doctrine. For, as you said on former
occasion. 1t is contrary TO the genius OF
our institutions that the peoples money
should be locked up in the vaults OF the
treasury.
Old Hickory. Did you ever know any
financial system to work so well, Colonel,
as our Deposite State bank s.'steml
Young Hickory.-BeautIfully. Beau.
tl(ully. II is every way superior to
United States Bank cheaper and safer.
Old Hickory.--Are you aware, Colo
mel. that the deposlte Banks are importing
a large quantity Of the precious metals to
put into general circulation!
Young Hickory.-l have heard so.--
Permit me to congratulate you on the sue.
cess Of your efforts in behalf of a metallic
currency, which is the only constitution
al currency. There can be no greater
curse to any nation than "local paper cur
rency."
Old Hickqy.-"My humble efforts"
IN that particular, | trust, shall not be
"see Gen. Jaokson's tcast at dinner given him
" a.