True Democrat. (Paulding, Miss.) 1845-18??, 1845-08-20

thing TO forfeit, and if their hopes of gain
have not tempted them beyond their
spheres; and if in injuring us, they have
not ruined themselves-an whether their
perpctuation is not for others than stock
holders, whether men, women or children
BE ii as it may it is the law of the land
it is the right of the citizen, and as such
only do maintain it.
Banks and corporations, with all their
evils, are the creatures of the law; they
exist by the law-they must abide the law
or become Its victims. As well might the
convicted felon in sight of the galows,
stained bloody with his crimes, ask from
our sympathies repeal Of the penal code,
as the banks, statutory enaclments for their
relief
But, if we are to des cend from the high
position of maintaining the laws of the
land, and their impartial adjudication alike
TO all individuals and corporations, in ar
guing the question TO discuss instances of
hardship or advantage that may arise, we
shall find that we enter a field where eX-
hausted fancy is the only limit to the de-
bate, and excited passions the measure of
its moderation. We, however, might ask
why certificates of bank stock, like Lofts
wife, turned tosat and petrIfed beyond mutt
llationordecay ARE TO remainan lmperishble
monument Of the ruin they have crealed,
and from which they have escaped, while,
like her daughters, consecratea to infamy,
their legitimate progeny, in the shape of
every species Of expanded credit, after
brief existence OF the widest wantonness,
have sunk below the level of worthless
ness and contempt
We may point 10 those dusty ledgors pill
ed in cords in the state Of Mississippi, and
embracing within their folds, millions up
on millions of uncancellcd claims, which
were created in the expansion, and lost by
the explosion Of the banks; and which the
anxious man Of business has surrendered
to their fate, and taking his wife and chill
dren by the baud, he has solaced them
with hope, as he has led them down TO the
humble cottage of poverty, where, with
blasted fortune, he has again to commen-
&C life anew Shall we, when, after years
of toll, we find him, with his sun burnt
features, reposing in the shade Of the tree
he has planted, and, with rising, but hum
Die prospects, gathering his children about
him to instil into their minds the laber les
sons of experience, again, by the renova-
ton ofworthless banks, make his hearth
once more desolate, and thrust him again
forth, wanderer upon the earth Will
he find favor in the eyes of the ruthless
SPECTATORS who can now purchase the
issues of the Union Bank for three cents
in the dollar, when he demands of his vic.
tim dollar for dollar in gold? Or will an
American jury, who may be empannelled .
to render a verdict upon the claim, be in,
structed TO inquire whether fortunes are to
be wasted, or fortunes are to be Won, in
The iSSuel--Or will they be instructed to
administer the laws, and leave consequent
ces TO take care Of themselves! Even so
would drag every defaulting corporation
10 the bar oil public justice, and ask them
by what warrant quo warranto) they ex-
ercise corporate franchises, and upon the
exhibition of their torn and mutilaled
demand ofthcm the full penalty
of their infraction, and leave consequences
10 take care Of themselves What these
may be, the democracy will
leave quietly with the courts to determine;
but they will demand the unqualified re-
peal of the amendment of the Briscoe bill,
the Judge 10 appoint trustees
10 take charge Of their assets, and perpet-
uatc their abuses 10 a period limited only
by ability TO make from the means of the
5ank, the salary Of the office worth its ac-
,eplance
The long list Of annihilatcd banks that in
in their own iniquiticS, have
,Gnk below the surEace-the conscious
Of the argument IN support of
claiming tatuiary enactments torclieve the
from the penalty they have in
uTed by the violation oithc laws, with
Which they commenced their existence
nd which were part ofthcir contract with
he public, and their strongest security a.
ainSi abuSe-the adherence with which
heir renovation orperpeiuation isregarded,
ender so hopeless the success Of any res
cclful appeals 10 public consideration that
heir advocates driven 10 their asst shifts
nd substituting violence for reason, boldly
inter- the field 10 drive the timid by denun-
restrain indignation by appeals
D sympathy. We believe they will fpd
w TO claim, and we know that all this ar
~ Of widows and weeping orphans that
ppear in the columns Of some Of their pa
ers with hands flled with Mississippi bank