Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-11-30


on prOpriety and cOnstituiionaly Of State banks
Who nov supposes, that if Gen. Jackson had not
proposed substitute sad remedy for the .. s.
Bank, he could ever have overthrow that great
money power, and in that he had The judgment and
the courage speak the truth. Aud nov We are in
voked to foeW his example, and 60 against l banks.
Consistency is jewell and il comparison is st
all admissible, tell me that the devil is saint
When you tell me that Gen. Jackson was opposed to
aI banks, one would be about as true as the other
1t is said and with truth, that great loss and dis
tress is caused by banks of issue, flooding the
country with their notes Of promises 10 pay. Well
tive are to abandon ali things which causes loss
and distress, let US abandon the use Of the great
Father Os Waters, 0hs MissisSiPpi there areregusF
seasons and times when that mighty stream over
flows its banks for thousands of miles, carrying
destrueoDIand death 10 many Of the children Of men,
and for this let US be called TO lsgisate to put
stop to the use and benefit Of that stream. Who
would think of such course Or who would ad-
vocate the abandonment Of the use Of the steam
vessel or rail car because annually yes daily, des-
truction and death foIew in their train? One argu-
ment is as good as the other. As to say, we loose
by banks therefore, they must all be put out Of
isanee and that we loose by steamers and rail cars,
therefore, put them Of exisanoe, and 60 back TO
the old constitutional wagon and stage coach, and
have no more of your gambling steamers or rail cars,
to break neoks and cause lose to the people. The
trainers of our COED old constitution, thought
of electric telegraphs, or railroads, consequently
they are unsafe and not authorised by the oonstitu
ton, and we must abandon them. This is good ar
gumepi, is it not?
Tennessee has State bank, snd for thirteen years
the State Governors have recommended the winding
up of that bank Has the representatives of the
people dared 10 do that? No. for they we'll know that
if they do so it is personally political death to them
Do not then tell us that the people have decided to
wind up the Bank Of Tennessee. Our last legisla-
ture done much to procure reform, amongst other
things they passed law for taking the vote Of the
people of the State, whether not, they would call
a convention to alter or ammeRd our constitution
Some of our most ardent and leading anti-bank men
proclaimed through the press aud elsewhere, that
the people would meet and declare for a new con-
stituon, that would eDgTsft into its prominent pro-
visions no more banks, death to paper Currency Was
this so? did the people so declare? No! but when
they came to vote the failed by over fifteen
to one Who now prOclaims the voice of the people
against banks2 So much for popular opinion on
this subject
The Bank of Tennessee seems to be foot ball,
for each aspirant either for seat in the Legislature
or for higher honors may suit the occasion To-
cslity of the individual aspirant. None look to
State pride or the good Of the common people, only
90 far as it may suit for the time being the peculiar
advantages to be gained oy its raducers or friends
Is this right, is it honorable thus to barter your
State Rights and your interests and welfare as a
People, when you find individuals traducing the
children of your own crestionl Look well into the
motives that prompt the attack Tell US that all DO
litieal economy can be 50 managed, that none will
loose OF be gamers in some way!-as we'll might you
tell us that none will be lame, halt or blind. 1t is
rightly urged that the States are sovereign and in
dependent: if so their citizens ought to be free.
Then do not tell US that citizen may be prohibited
from receivingan thing he chooses in the discharge
of debt due such etizen-if so, you cannot pre-
vent the circulation of Bank from other States
In doing away with all Banks Ofissue in Tennessee
you thereby subject her people to much ineonven-
fence not loss in the notes of the Banks Of other
States and it seems plain to ALL that until you make
the Federal Government a consolidation and the
States limited Monarchies, you never carry
out the idea Of prohbiation Of non circulation of
bank notes from other States. Such an assumption
by any one State, would be the breaking up of all
the ties of union and fraternity Of interests which
ought at all times to be our chief desire For one
hope never to see cOnsumated the policy Of refusing
intercourse with each State, the interests and
welfare of our people, so much demaDdit. To refuse
such intercourse, seems the only sure entering
wedge to all disunion-(God of Washington and
of Jaekson save US from dsuuiOn
/ Some Of Tennessee's best friends ere warning Us
from day today of coming danger from a common
foe. The Black Republicans of the North, they
tell us are preparing for the great contest Of186O
Yet these friends continually endesYor to place be-
fore the people of Tennessee issue far from the
one so dear every citizen, especially this time
when each press and individual should be endeavor-
ing to strengthen each others hands, avoiding sll
useless and unnecessary issues which are calculated to
weaken the great national sentiment that ought to
pervade the bosom of every Tennessean. Is it good
| policy to war on men or measures, when that war
strikes down friends who have at all times stood in
the battles front against the enemies Of our Consti
tuition and our sacred rights One word of advise to
friends who are against Black Republieanism-unite
the people of Tennessee if you can-make no IN
necessary issue in the coming election. All viii have
sufficient work to do to meet successfully common
enemy and the influence Of Black Republicanism.
The time will never come when the people
| of the United States viii have nothing but
metallic currency, nor will the Democracy of Ten
nesses ever consent to stand on a cart wheel
dollar.
The people of Tennessee have power TO restrict
all corporations into proper bounds. Let them do so
and all will be safe and should the next legislature
in rs wisdom, determine anything friendly tObanks
guard well the rights of the people and restrict
every corporation against the abuse of power Let
the Iqrs be erecuted and farorism to any nan; PIT
the banker the PeaitsHtiary geH the t5ie for Do
lation Of lar" Do this and you will have good
currency. As in pOlitics-bankng may be honest or
dishonest. Are the people of Tennessee mad? Do
they expect to war amongst themselves, and then
meet a common enemy and defeat him?
"Does madness rule the hour ?"
A DEMOCRAT.
CRASP'S GAIETY.