Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1858-06-28

One of the cardinal tenets Of the Domocra-
tic faith, is uncompromising hostility TO banks.
For forty years the children of Democracy
have waged bitter war upon the swindling.
corruption and unconstitutionality of the
banking system. The history of the country
the legislative archives of the nation, and
the high resolves of public meetings, abound
with incontestible evidence of the hostility of
the Democratic party to Banks. Twenty years
ago the Democrat that dared to favor this gi-
gantic system offavoritism and corruption was
stigmatized as hereto. aud straightway cru
Gifted. In the purer and better days of the
party the Democrat that dared to squint at a
measure so distasteful to party prejudice, fix
ed stain upon mis- political integrity which
water could not wash out. In those days
Bank heretics were eXcommunicated from the
party, Just about as unceremonlOusly a
little band of patriots would kick from their
midst the spy, that sneaked into their councils
Z for the purpose of betraying and destroying.
Memphis AUdLdnche.
And about column and half of the same
sort from she same paper might be given. We
labored faithfully last winter to induce the de-
mocracy to establish in this state a democratic
currency 1t was generally asserted that the
Banks had forfeited their charters by their sus-
pension last fall, and if that were true, there
was first rate opportunity to have made
clean sweep of the household. We have never
seen better opening than was then offered to
the democracy to fix their currency policy on
the state. They had an overwhelming major
ity-they had every thing at hand and nothing
remained but for them TO build up demo-
cratic currency fabric. In this they wholly
failed, and we are inclined to think they ought
hereafter to hold their peace upon the subject.
But since it seems to be the settled purpose of
the "specie basis anti bank democracy to crush
out the bank wing of that party, we shall not
interfere to stop the process We are willing
to tolerate all kinds of fiummery and nonsense
about currency, the corruptions of bank par
lors, and the Irresistible destinations of bank
dinners and bank champagne for everybody
pexcept few such Catos as the Memphis. AUd-
Lzsche-proUided such liberation will facilitate
conclusion to uoha the accepted creed Of mod
sern sham democracy on the subject Of currency.
This has been SO long question, and has been
so often differently answered, that we are real
ly anxious to have it settled.
II is a melancholy tone when the AUdldaehe
trefers to twenty years ago" and The "purer
days of the party" We fear the Apdlanche
twill become a bit of jeremiah, and devote
himself to elegies and lamentations. However
Ithis may be, our recollections of twenty years
aago are slightly variant from those of our
tMemphis contemporary. 1t occurs TO us that
itbout that time. TON BENTON was riding the
ppecie hobby Gilpin heat, and that very
Room after, horse, rider and all their hackers
tset down incontinently. Democratic state
Legislatures all over the country were charter
a ng banks with profusion that had never be-
Fore been equaled. Shinplaster banks were so
universal, that people everywhere became
ishorougly disguised with them, and the con-
was that about couple Of years
Setter the time whereof we reckon, the masses
psf the people rose up, and elected an anti
'ehinplaster-bank President aud Congress. |
lnsut IL happened that this President and Con- !
! ,ress were also anti-democratie, aud their |
'aighteous purpose of re-establishing nation |
ri bank" was only frustrated by the death of |
HARRISON and the treachery of TYLER.