Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1849-04-25
From the Hamburg JoRrnQl.

can he or has been urged against this III
s!ilurinn.
Discussion is the true enlish'ener Of the
peuple, aud conducted as this ono has
heen hy able hands, il is rendered nhvlous
tn The commences understanding, that ihe
existence Of a Smie Bank is mol only
contrary 10 ecunnmy and eSpedlency, hu,
nrpu,e. TO the essential principles OF lib
erty aud free government. a high toned
penpIe like ours, will not permit them.
selves longer to he jusg led out Of their
freedom, but reading The nnanswerable ar
cumcnts offered them wilt in due season
nnnihila,e a mammoth incubus OIL their
pecuniary and political prosperity.
The Bank regards itself as only skotched
mot killed by The nclinn of the last session.
Let Ihe people urge their Representatives
TO follow up the effective blow, aud con.
summale their will.
THE BANK OF THE STATE.
We have said that no injurious results
would follow the entire cessation nf The nc.
con,modatinns afforded to The community
by this Bank lha. its facilities would nut
he missed by its good customers, aud that
there is no sort prupriety in keeping il up
for The convenience of bad ones. Indeed,
il 10 the highest inieres, If the community,
that nm Individual should obtain under
credit. fur his losses, whatever they nre.
have ultimately TO be divided among Them.
| lf they fall upon a State Bank. they arc
divided ut once, without further process.
among all the tax payers. But there il
another view of the sccomndatiuns of q
S,n,e Bank like ours. which places in n
clear light the iDexpediency and gross in.
| Justice Of such institution.
! We believe thai South Carolina has
never received n donation or inheriled a
legacy. Even escheated property rnrrly
reaches tho treasury. All her public funds
have been collected by taration frnm The
people. A. all property is 'axed. and all
rilizens have 10 pay equal in prop"rtinn to
their property. very large quo:a of the
money raised by take, is puid by what
may he called the poorer classs--no, pau
pers Of caursc--bul by meni II very mnde.
rnls circumstances. Fnur.ffhs. perfarS
five.sixlh< Of The tax payers pay under
five dulars each. Yet in the aggregate
their contributions amount TO large part
nf The revenue. The surplus, accumulated
frnm these resourcea has been put inIo the
Bank of the State to lend nni. And whn
horrowsit? The poorer men? Certainly
not. II is rerv rare thing for men pay.
ing only five dollars in taxes. 10 venture
within The doors Of Bank. They d" not
rhirk thai Banks are created for them.
Directors are hound 10 lend 10 Those well
able TO pay; ani those kno,rn TO be poor
are. mt the cusrnmcrs they encourage.
Probably nni ono in thousand of those
whom The Bank has accommodated, have
hcen persnus paying less than ire dollars
taxes. YET these persons constitute e'sh'
hundred in eyrry thousand Of tho lax pay.
er>. aud are otherwise The hone and muscle
The slssAslu ahaa FSs Fisrgs p6TSF y
of its funds comes from pnorcr classes.
b, its operation. hen The poor are mate
10 Tend to TIE 1ieh. Contributions are Irvcd
from the pnor, and ny virtue of State
Bank they ars disposed of to 1ceommodat.
the rich. Far be il from Us 10 appeal lc
the prejud ces of one class asans, an"r!ler
or IN stu up tho poor asainsl the rich in II
country where none need he very poo and
few are. hut through their own iIIeness
}imprnvidence. or dissipation. in some way.
Bat il must never he forgotten "n an, oc-
casinn. thar EQUAL rights under ihr Law
ronsitute the very Garner stone "f liberty.
That every ri'izen shall be onIiilrd to the
full enj ymenI of all the fruits of hi. honest
industry. IL the very essence Of free gov.
rrnmen,; and wherever AMI tn the extent
This said principle i. violated, there exists
despoti,m and tyranny. What govern.
menl can call itself republican. and yer
raise n"uey hy compulsion Of law. from
one mnn or one class. 10 loan il out tn
another man or annlher class Of men for
their use and benefit? Does noi this cs.
rahlish n Privileged Order a. once. and
one Of the mos, oppressive kind F.? IN
what dues i, hitf;r in principle from the
1.-THE and pension system Of Europe? II
il in fact return tn the feudal policy; and
though il does not fix on W. a hereditary
king and nnh!fs il dnes while it lasts gives
us an actual king, who makes and un.
makes lords al pleasure. The plam- -and
il is The plan 0n which this Bank was
founded aud is now susiained=-of taxing
and distributing a poriinn Of the nancy
raised solely among the je1o. dishonest y
whales every principle Of free govern
mrnI. and is essentially monarch:ial and
nPpre.sirely tyrannicaI. Besides the spe-
ci(ic injury it indicts in its oppernfion upon
the excluded classes it practically dehases
society. and corrnpIs The hole body.p"li-
tic. II inevitably crea'es in The common.
wealth central, contrnlling power un.
known 10 tho constitution; and which.
I though lille observed by The people. not
only Distributes the public funds among its
lavorires, but dispences 10 them also all
the Offices and honors Of the Starc. II no,
only crnsh-s every aspirant from the ranks
who will no. submit to its dictalion. but il
will not allow the hnmbest to serve The
country wi,hou, asking it's permission.
Snow STonM or TIE 18TH OF APRIL |!
| Ips rcrtaiuty eninu a Deculiar priyilaoa in