Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1857-11-10
GEN. JACKSON AND BANKS-HIS FARE
WELL ADDRESS TO HIS COUNTRYMEN.

There was no question with which the strong mind
of Andrew Jackson grappled, says the Nashville
Union, that he more thoroughly comprehended at the
close of bis ilIustrous public career than that Of cur
rency and the evils of the banking system, Federal
and State. No one ever warred with them with such
determined resolution, or crushed them SO eaectually
as he did With the people at his back be bid defiance
to the whole moneyed power of the country. But
General jackson understood their seductive and in
sdious arts too we'll to suppose that they would not
make other efforts to fix themselves upon the vitas
of the country. He therefore took special pains in
bis farewell address, which he bequeathed to his
countrymen at the close of his eventful public
to anticipate these evils, recount their dangers, and
warn posterty against them. 1t was for us who are
now upon the theatre of action that he wrote. Let
US heed therefore, the following words of wisdom as
though the patriot and sage still lived, and was
speaking to US from the capital
"The severe lessons of experience will, doubt
not. be sufficient to prevent Congress from again
charteripg such monopoly, las Bank Of the United
States even If the Constitution did not present al
insupsrsbe objection to it.
"But you must remember, my fellow.citizens. that
eternal vigilance by the people is the price OF liberty;
and that you must pay the price if you wish to secure
the blessing II behooves you therefore, TO De o0eh.
fI in your States as we'll in the Federal Govern
msnt. The power which the moneyed interest can
exercise, when concentrated under single head and
with our present system of currency, was sufficiently
demonstrated in the struggle made by the Bank OF
the United States.
"D.featsd in the General Government, the same
class of ntriguers and politicians will now resort to
the States, and endeavor to obtain there the same
organization which they failed to perpetrate in the
Union and with specious and deceitful plans of pub
lie advantages and State interests, aud State pride,
tbsy will endeavor to establish in the different States
one moneyed institution with overgrown capital and
exclusive privileges sufficient to enable It to control
the operatons of the other banks. Such an insttu.
tuition will be pregnant with the same evils produced
by the Bank Of the United States although it's sphere
of action is more con6ned and in the State in which
il is chartered, the money power WIN DC aoie 70 em
body its whole strength, aud TO move together with
undivided forces to accomplish any object it may
wish to attain.
power to inict injury upon the agricultural mechanl'
cal and laborng classes of society; aud over those
wbose engagements in trade or speculation rem
der them dependent on bank facilities, the dominion
of the State monopoly will be abolished, aod their
obedience unlimited. With such bank and apaper
currency the money power would, IN lew years.
govern the State and control its measures; and if
sufficient number of States be induced to create
such establishments, the time will soon come when it
will again take the field against the United States,
and succeeded in perfecling and perpetuatng it's
panization by charter from Congress.
ait ia one of the serious evils Of present sys
tenn of banking that it enables one class Of society
and that by no means numerous one-by i.s control
over the currency, to act iDjuriousy upon the nte
rests of all the oIhers and to exercise more than us
Just proportion of influence In political AFFAIR." Inc
agricultural the mechanical, and the laoorlng oissses,
have little or no share in the direction OF tne great
moneysd corporations; aud from their baons sna Ine
nature Of their pursuits, they are ncaPaole oi '
ing extensive combinations to act togetner WIZ u,lr
ted force. Such concert of action may someums. oe e
produced 10 single city. or in sma aistrict o.
Country, by means Of personal communication viii
corrssnondenee with those who are engaged IN SIM
lar nursnts in distant places they have but little pc
tron.as TO give to the press and exercise but .ms!
sbsre IF influence over it, they have no crowd OF de-
nanSants about them, who bopeto grow rich without
fshor bv their counteuance and favor, aad who are
,hsrsfore. always ready to execute their wishes.
.Tbs psntsr, the farmer, the mechanc and the Ia
horer ali know that their success depends upon their
own industry and economy. and that they must not
expect TO become suddenly rich BY the fruits OF their
toll. Yet these classes of society form the great
BODY Of the people of the United States they are the
bone and sinew of the oountryi men who love lber.
ty. and desire nothing but equal rights and equal
laws, and who, moreover hold the great mass Of our