Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1857-09-30

u.s. we repeat guard against this. Let the most rig
id organization be insisted upon and maintained-
The path Of the Democratic party, from the DAYS OF
Jefferson until now, is strewn with the wrecks oil
apostates and traitors tits because it is party
which subordidates to principles and as long
as it does this will be invncible. Our friend ofthe
Wilmingt N Journal has some excellent observa-
tons touching these things, which we copy below in
full. Our friend may have heard more or seen more
in this respect than We have We have much con-
fdence in his judgment, and we have seldom found
his sagacity at fault We join him in his earnest de-
sire to keep the Democratic party the high
ground of principle and to protect it from the lam
bi,ion of seekers and the "rage of disappointed as
pants" And we must all unite in doing this. The
old party must be preserved intact No " selfish
aspirations in any quarter, if indeed such aspira-
tons exist, should be allowed to disturb its harno.
ny or interrupt its progress. Principles must not
be sacrificed to
The Journals article is as follows:
"AMBITIoUs ACKNOWLEDGEMENTS STRENGTH
There Is no greater evidence of the strength and vi
tally inherent in the body Of the Democratic party
"a strength and vitality which it its princi
pes-than its power of minimizing itself in spite of
the elements OF dScord which constantly pre-
sentng themselves through the Vaccinations of am
bilious aSpirantS 1t is the party of the country
thods possession of the great avenues of prefer
ment. On every crisis Of danger and difficulty the
country insnctively leans upon it. and is not dSap
pointed 1t is not pprfect-nothing human is-but
it is on the right tract 1t follows the right direc
ton, and its errors, whenever they are committed
are those of details and not of principle
But that like the Church itself, it's influence and
power may occasionally be seized upon by the wiley
and ambitious by the selfish and designing. for the
n thpirO al,
natcly, tie doubt. This is not the fault of Dem
ocracy. 1t is the fault of human nature, feeble and
imperfect that is.
1t is one of the painful results of experience that
We are toe apt to attribute every movement to some
motive different from the Ostensible one and it is
still more painful 20 know that our suspicious are
frequently correct. What is such one after p
What does he want? are among the questions that
suggest themselves to our mind, when We mark the
listen to the proesatonS of those seeking
prominence in any way. We naturally look fDI
the milk in the cocoa NUT, for i: is sure to be-
there, at least in nine cases out OF ten.
We have seen the difficulties we have marked the
defeats which this constant selfish aspiration has
brought upon the Democratic party. Indeed ii
would not he very arjuous task to show that all
defeats have been due to this cauSe-that the
ambition OF seekers-the rage of disappointed aSpi-
rants has done us all the injury have suS.
tanned.
Even now, in Virginia, the harmony of the party
"A
the newspaper war there, is traceable to personal
rivalry-to people who want things for themselves.
1t is too much the same elsewhere throughout the
Union. We watch these movements we $, these
squahbes. We are at no loss how to account for
the milk in the cocoanut
The Democratic party gains ground. 1t is right,
and must gain ground, on its own merits 1t gains
it in spite of the Vaccinations of half of these SQUAD
bling leaders. Its inherent force carries it on,
and carries heap of burthens with it.
We are at times puzzled by the apparently cross
purposes and tcrtuous movements of politicians
Having ourselves no Interior ends in view Masking
for no ot6ce-bowng for no plumber receiving no
favours and few courteSes from the powers that be-
we look rn calmly, to what will turn up. II be.
comes study for us-a matter of interest like the
unravement Of mysterious story. Like an old
novel reader, begin t, be rather expert in antic
pating the denoument and take a sort of pleasure in
seeing it worked ont.
The greater strength of the Democratic party
draws to it greater number of aSpirants who watch
the turning> and chances than seek the ranks OF
any other organizations. But its inherent strength
is greater, either to carry the weight throw it of
when it becomes unbeatable 1t will survive all the
asprantS that are arising now to trouble its peace
with their Squabbles-whether they will survive the
manifestations of its awakened wrath is another
question"
BANK SUSPENSIONS AND FAILURES
Bunk Suspensions in Philadelphia
Phil .DELPHIA, Sept, 26.-The excitement in this
city continues. The Bank of Pennsylvania is pay
ing no specie. The Mechanics Bank is redeeming
its tens. The Girard Bank is redeeming its tives
but refuses to pay checks. Most of the other Bank
taking checks The Savings Institutions require
two weeks notice before paying checks.
SECOND DISPATCH
PHILADELPHIA, Sept 26.-The news of the suspen
sion of the Baltimore Banks has caused additional
excitement. The TradesnlenS Bank pays everything
also the North American The following Banks pa,
fives Commercial Philadel; ha, Manufactures ant
Mechanics. Farmers, Farmers and Mechanics
Specie is paid for of the Northern Liberties ant
Western tives in cases of necessity
The Pennsylvania TowSship and Consolidation
Banks have totally suspended all payment of cer,iie
checks except on the Girard Bank. Some Bank
will receive no deposits
More Bunk Suspensions
PHILADELPHIA, Sept. 26.-The Banks of Pittsburg
Harrisburg, Lancaster and Reading have all sus
pended.
Bunk Suspensions in Baltimore
BALTIMORE, Sept. ga meeting of the President
of the Banbs was held to day. They resolved on
su>pensioRof all specie payments
There has been no run on the Savings Banks
The merchants appear to be grat'fied with the sus
pension. Money the street, which yesterda
brough two and half has now declined to pc
ct. Shares of the Baltimore and Onio Railway Com
pany have risen five dollars.
The Washington CITY Banks.
WASHINGTON, Sept. 26.-The Bank Of Washingto
is paying specie only for S. notes and small checks
The others continue usual.
SECOND DESPATCH.
WASHINGTON, Sept 26.-The suspension by tn
Bank of Washington is only partial. The Bank of tn
Metropolis has resolved to continue full specie pay
nents feeling confident of its ability to meet all de
mand>
The Patriotic Bank is redeeming its ives an
small checks. The Banks are all crowded with hi
nd