Des Moines courier. ([Ottumwa] Iowa) 1848-1854, 1849-12-21
Our Currency again.

ring q HeglSter; but we md IN the
last number of that paper an article
which contains sentiments, and conveys
impressions to which we cannot, ins ev-
cry particular subscribe. The article is
headed, "More about Our Currency"
We quote several paragraphs, and give,
in all candor, and friendly feeling, to-
wards the Editors Of that excellent Jour-
nal, the reasons which impel us to differ
with them; hoping, that, upon review
Of the subject they will change their po-
si,ions and mode of treating malady
of the most serious and fatal character
to the business interests and prosperity
of this State. Ve are sorry to see a
"Whig paper step aside to endorse this
(Clark's) money, and if possible commit
the party 10 its support" as sorry as we
are TO see Wing paper, by its apparent
anxiety to warn the public against our
ragged, shinplaster circulation, doing
thing quite useless, and giving ground
for the impression, that the Wing Party
have anything whatever to do with it, or
any sort of responsibility in the premi-
Uses. Says the W'hig: Na sae
5-It is in fact but another variation of
the countless hosts of "individual res
/ possibility" schemes, which, under the
names of 'Binghampton.' Red Dog
Blue Dog Owl Creek Wildcat and
.Shawneetown,' have swindled the peo-
pie, Of Western New York, Michigan,
Ohio and Illinois for generation past.
Shall we in Iowa sink the pas, in obliv-
ion and blindly rush upon the career
which proved SO destrn, tive to the inter-
ests of those States and brought so much
odium upon The Wing Party, as well as
| upon the supporters of sound Banking
systems" A0c5
And again: s'
Sand TO the Wings of Iowa we say
in all candor we cannot afford as a party
to bear these miserable institutions aloft
upon our shoulders. s.N'~'
Now in the above extracts the Vhig
has mixed up individual responsibility"
with locofoco rascality. If our recol-
lection serves us right, the above swind-
ling, shinpaster concerns, were most Of
them, the bitter fruits of bad legislation,
in the several States where they had a
"local habitation and name," and so
fan from being based upon 'sipdividpal
responsibility" alone, were duly au,hori-
zed and empowered by locofoco legisla-
lures; having locofocos for their officers
and managers; and inuring, in the share
of plumber, to loeofoco benefit exclusive
". We are far from advocating .indi-
vidual responsibility" but we think II
much more reliable and safe, in the
banking experience of the western coun.
try, than the especial pets and favorites
of locofoco legislative creation. ~ $3.50.
We humbly suggest to the Whig, that
the people of Iowa, or the locofoco ma
Jority of the People, 'ssank the past IN
oblivion when they adopted the pres
ent Constitution; and moreover, blindIy
rushed upon career which has proved
destructive to every State that has pur-
sued similar policy. The work was
done then and there, and the consequent
ces, legitimate and natural, are now man
. ifesting themselves in the shape of Clark
Co.'s and George Smi,h's checks, and
all sorts OF worthless, ragged, irredeem-
able, shinplaster stuff that can be raked
and scraped together in the whole coun-
try. This currency comes here just as
certainly as disease engenders in dis
j ordered system; just as certainly as the
wind rushes into vacuum; and neither
the Whig, nor the warnings Of all the
papers in the State can keep dollar OF
it outlof circulation. The people will
take it--they cannot help themselves.
They. have been placed, by locofoco leg.
islation, completely at the mercy of all
the ragamuiliins in the country.
1 We are not aware that any odium cy-
er attached TO the Wing Party, or ought
to attach to the Wing Party, for the con.
sequences of acts over which they had
no control; it is hardly fair for the Wing
Party to be compelled to father, all the
mis-shapen ofsprings Of locofocoism. -
4 Our opponents may charge such things,
as they are in the habit Of charging up
on US all sorts Of sins and transgressions
but Wings should not betray by coun.
tenance, word or sign, that they eve
! entertained the thought of anything Sc
foul as sinking the past in oblivion, ant
blindly rushing upon the, career which
proved SO destructive to the interests o.
| those States" We do not suppose ths
i Whig intended 10 draw any dis,inct;on