The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1849-11-28
Bank of tho state.

| :, '-he "''u ohe, 100, OF the utmost Importance,
''at VIII come before that body will be the
question ofrescjnding the charter of the Bank
OF the State. II South Carolina is enyious o,
.ne reputation of New Jersey or even of repu
dating Mississippi, the Legislature will inc.
v''ably push this matter through and the cred
OF me state and of her mercantile commu.
nlty 'alis with the resembling of tn, charter
New Jersey has long enjoyed the reputation
OF the Indian girer," granting charters for
lands, Railroads and Canals, ono session and
resembling them the next and such rcputa.
ton will attach itselfto this State.
Inc present question is ono of great deli
cacy, OF vital Importance, and one which has
long commanded the talent Of the State
1t is not the old issue, of renewal Of tho
charter but it is to take away wha, already
has been granted and has until 1856 To run.
a forfeiture Of charter is criminal punish
mont inflicted after trial and conviction Of
some grave offence. Now what has the bank
done, or omitted to do, SO criminal, as to iusti-
~ so harsh proceeding! Has it made no
profit! No;-profits have been made to the
amount of some $5,00O,OO0, Has it not pa,l
part of the public debt! It has paid principal
and interest moro than S5,OOO,OOO. Has il
ever failed the State in any emergency! New
cr--lt has helped her to funds times withou,
number, when she had not cent in her
Treasury. Has ii caused taxation So far
from it that it has paid taxes, which must
have paid and saved more than $4,000 600
Has it lost the public money deposited with
II! Not cent, altho' il has received about
$15,00O,000 aud paid out as much more.
fact scarce PARALLEL in finance Has it failed
to redeem It's circulation, or to furnish its
tull share OF support to agriculture, COM
mcrce and mercantile pursuits! There is no
complaint and can be none on this score well
founded. On what ground does this move
ment rest! On the supposition that State
government or state itself should have no
connection with a banking institute--a,d the
agitators OF this recison, sezing this ground
arc anxious to deprive the Bank of It's working
| powers Tor SIN years prior 10 the expiration O {
its char,cr--to wind up its afflirs--a piece of
business never undertaken until a firm or cor
porntion is virtually defunct No reason
could be urged that shows more shallow
imbicility than this. The whole State the
masses. will dcplorc such rash action and
that too at crisis Of particular political i'm
port.
We cannot leave the subject without adj
ding few words in praise of the manner in
which the fiscal concerns OF the Bank of the
State have been managed. We know we
can add but little to the already extended,
and esteemed reputation of its President f.
H. ELMoRE, Esqr., by saying that its man
agcmcnt could not be placed in more fitting
| hands.
A DISTINGUISHED VIsIToR--It is rulnor-
cd that Hon. George M Dallas, late Vice
President OF the United States, is about IN
visit Charleston, i'll order 10 attend to some
legal business. There is TO statesman, who
has acted moro favoraby and dsinteres,cdly
! to the South and its institutions than Mr..
Dallas, and we be speak him warm and
sincere reception.
The State Convention of the Baptist de-
nomination i'll South Carolina will hold its
2lth anniversary with the Baptist Church at
Edgeiicld Court House, on Saturday, the 9Th
of December next,
| IHE CLERKsnp. Forney, editor of tho
| fcNSsrLvANIAN, und orc of the kitchen cabinet
ol "ir. Bnchnnnn, is endcavoring To obtain III.
cicIkshp o! the House OF Representatives, md is
! working III favor of n Southern SPEAKER. AZ
matters now lock, the late incumbcn,s wo think
stand the best chancc-speuker, Mr. Winthtop
clerk, Mr.. French,
liABIT --Wha; set of maIcontents we
human beings are--ncycr satisfied, and when
our desires are once gratIicd, and we are bo-
bltuated To them, no further notice do we take
! there oi--\Nhen railroads were first establish
cd every living being gazed at passing train
with as,onishment and fear; the husbandman
held his breath; the loose horse galloped from
it in alright, and then, suddenly stopping,
turned round, stared at II, and at last snortcd
aloud. But the "nnc days wonder" soon
came TO an end AS tho train now flies over
The country, the cattle grazing on each side.
do no, even raise their heads to look at it, the
tlmid sheep fears il no more than the wind,
and the startled deer over course over the
track, indeed the timid squirrel does not crouch
from the rail, as il passes close To it. II is
the same with mankind, on entering station
we merely muIcr TO the clerk where we are
destined tor--say GLOW much" transfer the
dmes,--rccievc tickct--takc a scat-road
the newspaper or compose ourselves to sleep
and on reaching our destination, we walk of
or drive of, perfectly careless of all or any
one of the innunerablc arrangements ncccs.
sary for the astonishing luxury we have on