Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1853-02-17
An Anti Bank Editor crying over the loss
of Bank Officers.


as good specimen of 'cursing the traffic and
living on the profit, as can be picked TIP
After announcing the fact that the dcmocracv
had placed the Bank in Wing hands the Ed
itor says
''Now we go as far as farthest in opro-
sition to all banks of issue, it matters not on
what system they may be established; but
with all this we do not see the force Of the
argument adduced, 10 sustain their course,
by those who have been instrumental in plac-
ing the Banks of this State in the hands Of
the opposition. This institution has been
under the management and control of the
Democratic party for sixteen years, and
will SOON expire by limitation Of charter
Who, then, on the supposiion that democrat
ic policy is opposed to banking, should most
properly have the management of the affairs
OF the bank, during the remainder of its ex-
istence? Should it not be that party whose
principles would induce them TO guard well
the interests of the people, in their conncx-
ion with such a concern and who would, at
as early day as possible, wind up its af-
fairs, and make Missouri, what she ought to
be, State without Banks ? or. should it be
in the hands Of party notoriousy in favor
of extensive banking systems; who wher-
ever they have had the ascendencv. have
flooded the country with Bank paper, and
who will, as certainly as the party exists.
make powerful effort. and that before long,
either TO continue our present banking >ys-
TEN, with increased powers, and diminished
restraints, or else try TO !oist upon the pco
pie, new system built upon the ruins Of the
Old one, by which those paper currency
mongers may Iatten upon the labor and
sweat Of the farmer and mechanic? 1t oc-
ours to us that it should not take democrat
long TO decide between the two''
We presume the Democracy placed TIE
bank in the hands of the wings to have it
fairly wound up, and thus guard well the
interests of the people" No system Of
banking would ''hood the country with bank
paper more efectually than the democratic.
which has prevailed for the last sixteen
years. The wings would introduce ne,c
system, had they the power, and instead Of
having the country flooded with foreign shin
plasters, would establish sound banks OF
our own, guaranteed by deposite Of stocks
with the Treasurer of the State. and thus
give the Mechanic and Farmer a sound cur
renoy.
The democracy, it has been charged. used
the bank as "politcal machine" and here
is IN acknowledgement
"Again-it Is true, as Mr.. Brown. Of
St. Louis, remarked while speaking upon
this subject, that ''thcy CHE Banli>) exert a
Powe1m political influence Is it right. or
eNpcdient, then, for us voluntarily to place
this "powcrrul agency;" in the hands Of
political opponents, and thus give them &
lever which they may use with great effect,
in overturning democratic principles p
Strange, suicidal policy, policy which rot
single democrat in the legislature, would
ever dream of applying to his individual
affairs. Why ther is it, that men, selected
by the democracy for their supposed intel
ligenca, honor and probity, will pursue a
course when working for the people, that
their common sense would repudiate in its
application to personal transactions"
The people do not want the bank to exert
a"powerl'ul political influence" but to be
conducted in a Legitimate manner, and al
Ford that aid to commerce and trade which
it was established TO do; and the fact that it
has been divertedfrom its legitimate sphere,
may account in part fox it changing hands.
The Argus continues
But says one, the wings have long
charged corruption upon the democratic
management Of the Banks, and we wish to
avoid such charges in future, by getting rid
Of the concern. Forcible idea that, and
well worthy Of The Scion who conceived it..
Who, we would ask, ever heard any thing
else from the whig party, from the days of
the Elder Adams to the present, but the
cry of corruption against the acts of the de-
mocr0cy. Their prayer has always been
but parody upon that of the Pharsee-
Lord we thank thee that we are not as
those locofocos are
Amen to that praycr' And now for the
conclusion, which like lady's postscript, is
the most important part Of the communica-
tion. The powerful political influence"
Is not all that has been lost. There is prop
sTy in question, or OFFICES which pay good
salaries, and the loss of this property is what
sorey grievcs the Antics. Hear
"And we, rorsooth at this late day, must
be startled out Of our property at this old cry
of corrunti inn fDrSoEe our ip1Cnep1ance cpJ