The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1846-01-09

btsAN
The whole democratic press-at least
the mighty west-have for months been
deavoring to bring out the views of the
)iior of the Washington Union, in rela.
bn TO the vitality important question Of the
establishment Of the sub.treasury but
! they could say or do, has only 'wrung'
BIN Napoleon single line and-a-haIf up.
J the subject in seren months during the
hole of his editorial career in this city.
Ieople have wondered and murvelled at
studied silence upon political question
| such paramount importance TO the de.
ocracy again and again, have they in.
hired the reason herefor-but a few on.
have seemed to suspect that it arose
|om a long settled opposition 10 the meas
Re mn opposition, which was so bitterly
|aped by this "great head of the Amerl.
In press" from 1884 TO 1898, as to efltc-
bally defeat Mr.. Van Buren, in 1910. A
bend has sent us the following extracts
|om Mr.. Rhchie's paper, which will ex.
lain the reason of his studied silence in
o UGion. upon this great democratic
position for the last seven months.
/" The scheme is wicked, because il can only
said to he warton experiment TO discredit tie
resent State banks, and would essentially AID
H. Bdde and his bank ia breaAing them down"
|Rickmoad Enquirer
/" Let il once get foot hold and al tie restraints
4 the Constitution viii be broken down, with the
keries fibe peoplc"-ib.
p Ir. Gouges plan Of sub treasures for tie
5ted States aud the reduction of the currency
god and silver, | view as little shor, Of
telne Of public pi!!age; and which. if carried
! o effect. must necessarily produce a general
|nkrupt law 10 cmancipate debtors from the
|ndagc Of iron hearted efed.tou"-B.
r. How much farther til, system Of consiitu,
|nal pillare aud legal robbery shall be carried.
bends upon tic svnrice and cupdity. lst OF
Editors throughout the United States 81. Rep.
|entaiives in Congress. Sc. 81 The President
the United States sc. &c.-Ib.
y Already tho disciples Of Sdglock, who loaned
bnoy at usafy on legal interest. when they were
~ even TO get that. are screwing dosn their
~ pres. and endeavoriug to enforce payments.
|enable them TO reyrl in the property OF others
ought under the hammer, OF require additional
bpry equal to tie gains thus lost for the van, Of
bney Who can doubt. Il tie Gongo system
J III be carried out, that greater ruin must ensue
bn has, If any time since the depreciation Of
fiInenial paper III.
p The Institution and establishment OF sub
)asuries AZ ell the necessary and commercial
nts 10 tie United States, would cos, gov
bmcnt several millions Of Gollau. Strong
uses Giih vaults, chests, bare. bolts, sud locks
Puld be- necessary. With a regular corps Of
Richmsn sud an additional sci of Jiii -efs. To
|nd the publi the schomc m gil, be commcu
Y with very fcw ncw OH 'efs. bat they would
bn be increased 10 aay number actually uocea
fy."-B
|" For the benefit Of Nr t.arrs's argument. we
VI suppose tho State banks 81 put down tber
lsriets repealed, and, II YOU please. tho FaHhg
'rigAf doctrines carried ont. ~ far as IT'S advo-
tee desire all grant. 10 lands snnulicd debts
'ntTseis, credits. and slavery abolished; mara
rs. and our obligations = morality and religion
Foga,ed and every thing Sc want, @ - pur
assd OF sacrificed By the sexual payment of
I'd aud silver aud IN ehat would We be lm
owed ~
" Bu, wi,hou, giving 10 Mr. Gouge ,hc wl ole
NED, Of the Fanny Wight decifncs-bat aaiy
much a. 10 enallo Tim ID fepeal bank charters,
ieholas B.1iln and al the rest, what might We
en- expect WHY, ifihe obi,gatou Of contracts,
ofaiily aud religion, which form the coheteucY
60 nmualties, should ba strong enough to keep
c parts toevii er we should be flooded with
sfopean aad JerIA pftate biats to derist
erriai nei,um, aud carry on business for
! These men We know, 81 present htvc tAe
'Ppy facility upon fsw thousand dollars. Of
eating commercial medium to / amount Of
ANY millions and with hnw much more l4eil.,
they might do % under Nt Gouges system,
u Goags himself could hardly tsll."-b.
81 On the great question af tie tendency Of THIS
'Nern, 70 enlarge he power aud patronage VI
Ie Executive We entertain tie Same opinions
hleh SO expressed Three years before in the
'l'oHing extract ~.
when wo considered the consequences which
might produce upon tho operation Of tho toy.
'nment-in Increasing tho Executive power al.
lady too great-whcn VIC also considered the
me ard tic onbarrassmonts under which this
stem Is 70 be introduced the difficulties Of car
iing It into execution. while SO large a proper.
on OF our specie was locked up IN the banks
ID tho great importance of relieving the ooun,
y from ITS present pressure, before any r-sat
nd untfied eTpcdient- was adopted wc could
o Longer hesitate about lle alternative which
1ght 70 Be- PutsIrd."- ID
We 70 Tor The sound State hluks-ihose
hIeh will answer The yurpoecs Of tho govern
eni-tIose which are honest 90 their wishes.
nd Eealoas 10 their efforts to resume specie pay.
ent--in preference 10 the Treasury syslem'--
b.
A" We do not think tho experiment, Of State
'nks has been fairly aud luiiy uod" Rtch
'oHd enquirer.
FROM TEXAS.
We have nnnpra from Galveston of the