The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1850-03-19

roso IN hnh,1f of tbo agricultural produce of the
country whore It conflicts with her interest and
nonnn.Iv clio c,n at once absorb the bills of
~ Laot ort,o St,tr and returning them home
u,on Lnr FIR snp,ic drive connection from the
market. He hopcd when 1856 came Tie people
Of South Carolina would wire from thci. :tat.te
hook tl,c fn.l,st bot il Ter ,!:a.icial History
!, Ike cre.ii,n OF such an ;!"cnae moLicd
monster, Bun if all the private banks were TO
,,,ssrss H.. power to deal in Foreign exchange,
t.,c m;pr;,,I,. which prompts to the pursuit of
rr;v.to ;utorc.t often IT the depression of the
,,lpo IF tlc produce Of the country, would re.
,,u uuaItorid P.iyatc banks (wlose interest
i. to make money for t!.cir pri:a:t cofrorators)
are often ;enutcd to Great, arifciM difference
il exchange TO dcrangc them, in order that by
the fluctuations they may make profits. And,
u:der the name of exchange operations, they
receive large usurious interest Give to pr-
vite corporations exclusively the power over
the currency, and the chartered RICH: to deal in
exchanges, and YOU at once place in their hands
a dangerous control over the value of the prop
erty and price, Of the produce of the whole
count y-.to lie exercise or restrained as their
private Interest shall dictate.
! He woald hcrerakc occasion to remark that
: the conduct of Banks towards each Other often,
i and in Charleston the past year, is Happily IL
,st,atcd in the characteristics of the monkey
! The monkeys of Exeter Change iv London used
! 70 be confined in row of narrow cages, each
Of which had nan in the centre of its front for
oh, MONKEYS food When all the monkeys
wore suDpli,d with their messcs, it was obseiv.
ALE that scarcely any one of them eat out of
lis own pan. Zach thrust his arm through the
lars and robbed his richt or left hand ncighbor.
| Half Of what was SO seized wasspilt and lost in
the CONVEYANCE, and while one monkey was so
unprotitably engaged in plnndcrng, his own
nan WAS cyposed to similar deDredations." And
,s n,s bcrn truthfullv remarked by "A Planter"
!, Yesterdays Nrrcwru "The foregoinr is an
amt illustration Of the unprotitablc scramLlinr
t',,t ,,,d hrou ro;nr on amonu our hanks for
c,ch others spcce. Each rs he rets batch OF
his noirbb,-s notes thrust his paw into his cof
c.rE,r Suc;., Whilst h.is doiur this his nrrE.
hor n, tLo ot,,cr sid. is doipp tne like for him
'rh. l,vrr h,nk b,uu Of the Curouc.ov,guc
hrreJ anJ nYad,uncd Of loppcr limI! NAV uct
mnst Rut IN ty,;s unnro6table struruJc Mi lSsc
,ror, t,,, tI,o,. ,,,;, In rr,sr;uo IT r,cb oth.
nrs srnr;o ,In;, I.r;t;,,,te busi,css !. stonncd
-,h..;r f,.,r. ,rd ,n,rnhops;ous of ,,ch ntLcr
,rrvrnt tlr,, ,crom nod,tiuu the community,
and mr,nrr dividends in the end tell the folly Of
such r,rdurt 4 want Of ordinary confidence
! !, c.rh ot,,cr If homo creates want of conf.
I.pcr,L ,Lro,d and hcur. fine ,i,licultv in pus:iuo
4 ,fts M III m and ronor., dproratory to their
sorodncss and staud:nr"
II isurrcutlv coutcudcd. t,,at the bank should
h. wound m mr. bccau,c. if postponed till its
charter cynircs the other banks IN the State. the
most of tie charters Of which cxpirc at or be-
for, thc same ve,r 1851 will combine in such
manner ,s ,bnv m,v dccm mast advisable by
nrn,luri,, dist ,,ss or otherwise. to force re-.
charters from t,,c Loui.l,turc. Ec feared not
the success of such combination; for, if at that
time t!,c rcopl, of South Carolina were inclined
t, refuse one OF more. or all charters TO har!:s,
he believed her Lcri laturc would have RomGn
frn,ncss to do so. in despite of either tic sc,luc-
tious or co2rcive powcr of monied corporations.
Hc believed Il South Carolina Legislature too
high Il Fortress to be asccndcd by III Ass laden
with gold. But il the apprchensI"ns OF the gen,
1leh'h from Hnaries'oh, VIZ -'r,'''''''%''')
were Ne'i '"uhoro, 80 'l'c!' S'ro'Tr' 'e ':'So''
why ''I n"N c' '''e S!"'' ''''''' remain az
f'om"e1" II eA's!cc'' III "'"e' 10 s"'L'I' a'',''
""i'o''"'" ",', INV '':.'' '"," "''I.' 'I.'
rom our pe"rr' anu 'e'' II S,''r !. ".'" l!I"'
q, AGAIN 10 1ail Dhch upon sum li-t"t"isic"