Republican vindicator. [volume] (Staunton, Va.) 1849-1857, 1856-01-19

w N"Pdou- ne DahkS-the last SWoHE-
hold OF Know Nothingism," we have ever
read. While we differ with the able edi-
tor of that paper in regard to the system
Of Banking best TO be adopted BY the Leg
islature, we entirely agree with the Views
presented in the article alluded to- upon
the policy to be pursued in the manage cement
OF the Banks Of the State. 1t is a notorious
fact, thai in every instance where direc.
tors have been appointed by the stock
holders. they have been Wings or Know
Nothings; and that out Of the many off,
GERS in the mother and branch banks, not
one'fith OF them are Democrats. The
Governor OF the State appoints three ons
OF seven--or four out Of nine directors in
each bank. or its branches, as the csse
may be--'llus giving to the Stockholders
the appointment of a majority of the Di-
rec!ors. As we have before stated, those
appointed by the Stockholders are invaIi-
ably Wings or Know Nothlngs. This
gives them majority, and it is too ite-
quently the case, that their power is used
for party purposes. Hence, we favor the
proposition, and earnestly urge upon the
Legislature the propriety and justice of SO
changing the law upon the subject, as to
give to the Governor the appointment oil a
majority Of the Directors. tits justice to
demand such an amendment, because tile
Wings and Know Noth.ngs have enjoyed
uninterrupted control Of these Institutions
fiom time whereof the memory Of man
runneth not to the contrary By which.
rotten and bankrupt families and firms
have been pampered and upheld, and
aonest. verify indu ,trious farmers, me-
ehanics, and merchants crushed 10 the
earth. tits too frequently the case, that
position and family have been the con-
trolling considerations with Bank Direc.
tors and Bank officers IN their accomoIa.
tioEs, whether 1.-The paper presented is in
trinsieally. ellendorsed or,,noi. The object
is to curry favor with those who ma, have
influence, although il sold out under the
hammer, they would rot pay so cents in
the dollar. While thousands of dollars
may be obtained out of banks oy persons
OF fictitious wealth, aud forged respecta.
biity, the application OF an humble MT
chanic. merchant, or farmer, whose indus
try and honor are his capital and who
would work his finger nails off TO save a
protest, or not to disappont creditor or
friend, however well his paper may be
endorsed, is looked upon and acted upon
disapProvinely. And these very skele-
tons OF solvency and responsibility are
generally Know Nolhings or Whigs-
and their antipodes, Democrats. Look
around and see who are those who pretend
to be better than their neignbors, but who
always. when weighed in The balance
have been found wanting and see wheth-
er their politics are not such as we have
charged. And, again, look around YOU
and see il the unpretending and prospe.
rous mechanic. merchant, .srmeI, &C., is
not Of the Democratic school Of politics.
Of course there ale exceptions, on both
sides, bur take It as general thing and
the assertion will be found true. We do
not advocate the prop ssilion suggested by
the Examiner for the purpose OF giving
preference TO Democratic paper over Wing
paper. Not at all. But we support it,
and ask its adoption by Democratic Leg
islature, liz order that the iaboring class,
and the Democratic party, may be placed
upon an equal footing with pinch back,
hollow pated. d-be-aris,ocraey, and
the Know Nothing party. The Demo.
craic party is the dominant party in the
State. To it the Banks look for their
charters, and its members are held respon-
slble 10y the opposition for any mismanage-
ment of the affairs of the State, financial and
other. The State is large stakeholder
in the Banks; and hence the propriety-
aye, tho necessity of the State having such
a representation in the Banks, as will pro-
tect her interests, and mete out the great
est good TO the greatest number.
We want it distinctly understood that
| in the remarks we have here submitted.
we have had no reference to any particu-
lar Bank. The Directors of the branch
Bank at this place, appointed by the
Stockholders, are hIgh-toned, honorable
men, and make no discrimination, to our
knowledge, in disco uniting paper, except
where question OF solvency is raised
They. cooperate heartily with the Direc-
tors appointed by the State, in seeking to
do evenhanded justice TO all. But, from
what we can learn, and from the facts the
Examiner devrlops,we believe this Branch
is an exception, having some little acquain-
lance with its operations for the past six
months. We are driving al the abomna-
Bile system which the Wing party and its
tffspring, Know Nothingism, has entaiIed
upon the State, and which has made the
dominant party the slave OF the minority
party. IL Democrats are to be held re.
sponsible for the management of the affairs
Of the State, they are towards and paltroons
if they do not seize the sceptrc, while i,
is in their power, and sway it. Let them
protect themselves, and the interests for
| which they are held responsible. 1t is
their duty and their Interest, to rule their
own household. II is The motto OF Know
Nothings that Know No,hings shaIl rule
America" and their policy to establish a
lille "Kingdom Of their own IN Augusta"
to defy the cohorts of Locofocoism. Let it
be the policy Of :he Democracy that Dem.
ocratic Virginiahs shall rule Virginia!
We will trx and publish the article of