The Gonzales inquirer. [volume] (Gonzales, Tex.) 1853-current, 1854-01-21


1ree Banking.
Upon tnis subject We IND IN the columns
2 @e /" asnlngsoc uu'on, OF = hts date, the
.o''o.ine =soaress 20 thsss Member g the
Lee'ssstnss o. ~ Ssate q Ainissippt The
Aaasesss Pssssnsz , great dssi q strong args-
IN : brief space ; and ssit = the pfoduc.
don OF Z Dsnocrstic pen. We have nc foasoO
70 rcgard Il With Distract
Assystern Of banking kindred 10 that pro-
posed !, Citizen and 3hisnd 20 the eoath-
wesf," wouA abroEete al Of the cbncxtcus
ieaturss,of banking tnsutations. In the first
place. " would s~asctuaiiy guard against mo-
nopoliesi and seeondlys itswouh - certainly
project nom ffaud and risk. u must, Of me-
cess'tys % 9 sArr system.
Gould We enjoy : nsetalie curreDsy. Il would
probably be bctter. Put this NC have found
impossible. We are Hooded With tho ennis.
stons OF Tennessee AAbefna, Louisiana, and
Aississtpph What u mora common fn TEXAS
than the tender and unheaitating acceptance
OF tho notes o. these and ether States And
yet over those banks W can neither exercise
supervision Or control. Their pspe8 liahl
not be worth . cent In tho dollarss
aware OF Its depreciation, and our
be Instantly bankruptcd to no
stu the bills OF the, banks circula( sH6sEst
us. They are absolutsiy s8egke}b ~ 6dr hard
money peoples being appafbNttfindHpspsabl
to the convenience 81 fs9ksAsd comnefce.-
Arc tho peop'e ssflkS5{ States morally our
superiors, that - eaA trust thsm without q
single cheek Or gard. and win not confidc in
oursclvcs; With every opportunity Of protec-
lection from financial ruin, BY institutinr those
restraints upon fiscal institutions which sppcar
10 have operated With such eomn,cts .,,rc..s q,
other .ad .d,...n, s,.,o,, a..
~~""I- S'~' again, We repeat
70 ~ ~ sksor OF an exclusive bullion and
specie currency, ssers h only possibk. But,
tiero b the difcmma-its inter ;nev;,.h,. ~,
,,oss;hu,,v, Th. 49,. -.
r !" f"Ps' 'ssocsoi iore'Sh BANKS,
""oS' management must ever be to us q mys'
terry and In whose direction we are v~oiceless
and impotent will continue 70 ipupdot. o,,
Stat. 90 h,,h..... "a 49,. .,""n"
~"r.", NV ''s 'SSP''c MI our III
upAei'es anu theories, We have actually at this
time, and have had for years past, 4 large and
general paper currency in Texas with ,b. No,
very agreeable reaec,;on ,h,, 4, .. c,..,..-.,
30 !. sa;h,., ""'
- ",.'po"s'oo'
Inc theme ~ . most suggestive onc. For
the present, VIC leave Il to the people and to
the Lepislsturc. hut sh,n 10 49, -
- $50" " P''asou, IA thc
" 800" A se"c'ai expression OIL
op'h'oh ~ our ic'iowscitixcns upon the sub
ject through the Inquirer, If they choose
Here Ii the address alluded IN,
=.
80 sno .aem:oers e ne Lfgisiatnre " Aissis-
sipp', IN relation Ia Free Ranking.
II will be admitted on all hands that the
great evil under which the whole Soufh .u,ast
IL laboring. and especially Mississippi, Ia the
want of adequate capital to conduct the great
In Railroads and manufactures
whtch are necessary to the ~deyelopemcnt OF
It's resources, and the increase Of It's weight
and influence in tho Union.
II Is but q few days ago that the New OR.
leans and Nashville Railroad Company. pass.
ing IN q great portion Of its extent through
the state OF mississippi failing 10 obtain tina,
capital at home which Was necessary to its
speedy construction, sought, and was disnp.
pointed In procuring tho aid of foreign cay;.
talists.
If Mississippi would secure in aid of her
enterprises the capital which Is ever seeking
Investment. as product seeks q market, In eve.
rys part OF the Union, or abroad, size must
adopt the course pursued by her sister States
FURNISH secure, ready, and permanent means
Of its Investment under q just and liberal sys-
tern OF "
II matters not, for tho interests Of Missis.
supp, ~ what way the capital she invites, with
IN ncr limits, rs invested, whether in lands or
negroes, IN factories, IN railroads, in banking
or IN general commerce.. The great and lead
ing consideration Ia, that IL be invited that n