The North-Carolina standard., 1844-03-27
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4 ne1e aduoeats fer q Natipalai Bank.

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We have, cast our esra hastily. over Generat
Smiths (Mormen. joey ~ aa&s of the Powers and
Policy of the Governfnt Mt of the United States
Nauvoe,~ 1s44',~., This itussrious individual
s'goes the whole fgure' with Messra Clay, WEB;
ster, SaTgeant, land the whig patty in general, for
a hationaE bank After this, who can doubt the
nroprietY of such an institution ? Here is Ioe's
plan for "fseaL agent" which Is quite as sensible
both in nature and ohleet as the famous whig fis
Eealites:, .-s12x;sfs - s.. - > .,.-;,Y --z
="For the accommodation of the people every
State and Territory let Congress show BY
and Territory, where the capital stock shah be held by
se nation the mother bank, and by tire Sta and
Territories for the branches aud whose officers and di-
at the rate of dollars day for services which sever
al banks shall never issue any more bills than the amount
Of capital stock in her va{ts a the INTEREST The net
gain Of the mother baa shall be applied to- the national
revenue and of the branches to the States and Tet
rories, revenue: And the bAlssha be par throughout
fe naon which VIII ercitdlly cure that fatal disorder
known in eities brokerage, and feaxe the peoples
money IN their own pockets. -.
The prophet seems 10 be thoreHghly -imbped
with the whig financial doctrines He wants
national bank for the accommodation of the peo
plen and to saVesthe federal and State treasures
fren3y terGtieas.N In two respects, however, we
think JoesPlan has decided advantages over those
of Messrs. Clay and Webster. He sticks tothe
specie basis dollar Fdoltar and his plan is
as the oA1eersare to be elected by the
peopIe "with wages at the rate of two dollars per
dayn There is another Instrumentation, how.
ever of this agreat financier" which we4ear, will
somewhat enbaTrass the practieaEoperation ef bis
scheme He tells the people: .1-.-- -,
"PetftioR your State iegsIaturssto rrdon 1erye0's
sin their sercrql Pesite1tiGriest blessing them
they 60, and saying 70 them the aans Of the Lord
SO thy way, and sin no more. 49, g q.
-, We fear that, if this humane reeommeDdation
be adopted The. !" specie basis" would soon aisap-
pear from Jee's molheE bank and branches, incEu-,
ding that Of Nauvoos which would quickly show
aya beggasly account of empty boxes" Perhaps,
however, we are, unnecessarily apprehensive Of
the small thieves, who fail into the clatches Of
the law, .sncethe great thieves, who fobbodmil-
hons fromsthe late bank and its satellites, are per-
united to roam at large with perfect iapuDity.
Upoa the. whole however, we viii do Gene raj
Smith the justice to- state, that We think his fnan<
ciaI doctrines more sound, bis views more honest
and his scheme more feasible, than those Of the
hypocrites and quacks, who, supported By great
party haze feeced tbe eouptrY 10 the very quick,
and are row eager e repeat the application Of the
shears. : .Sze,...s,a.s -. ..sss-.s : = 4
Mr. Clay's Hanover speed, in winch be pro-
ised perfect miIleninm 70 the country as soon as
a whig President should be elected ~ -
s.The eDuntry win be full Of money and confidence.
when national bank of twenty millions, and State
tauodofof nationality lto money matters, and make
circulating medium valuable in the purses Of whole
community as In the Golfers OF aspeculatng banker
broker"