The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1859-07-29

spective charters shall expire, should go
out OF existence, and such steps shall he
taken consistently with the public in
terest, as will secure hellquldation of the
Bank of Tennessee at the expiration OF
its charter.
r.. ANDREW JOHNSON,
A. P. NicHoLsoH,
EDWIN A.. KEEBLE,
JONI X. Howard.
a.-...gs Committee.
From the Democratic Platform Of March, 1881
Resolped, That it was intended by the
trainers of the Constitution that gold and
silver should be the legitimate currency
Of our people, and we deeply regret that
banking institutions and paper circulation
should ever have been so deeply engraft-
ed into the pecuniary relations; but be-
ing so engrafted we are compelled to
legislate under the circumstances by
which we are surrounded. In view Of
which. as remedy for existing evils, we
will insist that our present banking sys-
tenn shall be so reformed as to enforce in
variable redemption at the counters OF
the circulation by every Bank in the
State, and a limitation on their issues to
notes of large denomination, increased
protection TO the note holder, the right
of supervision upon the part of the State
and forfeiture of their charters-for
abuses Of their privileges-and by these
and such other steps as experience may
demonstrate to make as near to approach
to a Constitutional currency as may be
found wise and proper.
Resolued, That it is essential to the well
fare of the State, that in all charters of
incorporation, granted by the Legisla-
ture, that the power should be reserved
in all cases to change, modify or abolish
these private and privileged incorpora-
tons as the public good shall demand.
MAuRY County, February ID:
3. That we recognize in the recent f.
; nancial disasters which have oyerspread
the country-coming in a time OF pro-
found peace and unprecedented indus
, trial rosperity-additional and conclu-
sive evidence that our present paper
money system is one of the most gigan-
: tic abuses by which an intelligent people
ever permitted themselves TO be oppress-
ed; a system which makes that money
which is not money; which paralizes the
: trade and industry of the nation; which
infiicts the heaviest loss on that class least
r responsible and least able to bear il, and
n which sullies our faith as a people, both
= public and private. Therefore,
Resolved That we approve the aNion
y of the last Legislature in taking the first
v step in the reform of this abuse, which it
! is the duty of future Legislatures to carry
: forward in such manner and by such
. steps as experience may demonstrate to
e be practicable until the last yestige of
@ the evil shall have been removed, sound
" uniform currency restored, and the wis
dom of the trainers of the constitution
indicated.
y MACON county, January 3:
o Resolved, That the democratic party of
e this county heartily endorse the present
It administration of James Buchanan and
n oppose the present Banking system, and
approve of q Metallic currency, so far a.
practicable.
Henry county, January 3: .s.
d 7. Resolved That we approve the reso-
10 buttons adopted by meeting of distin-
m guished Democrats, held in Nashville in
u September last, upon the subject of the
currency.
WEAKLY county, January 8:
Resotved, That we are not willing to
support for either branch of the Legisla-
ture, any one who is in favor of charter
" ing any new banks, rechartering old
at ones, or giving aid and comfort to swind'
n ling machines of that character, in any
as manner whatever.
re 4. We might go on and give further evi
en- dence in the same direction, but it is un
tn necessary. Gov. Harris took his stand
er upon this platform, and said in his seconG
,ct speech, made at Gallatin, that he wa
at not only Internationally opposed to thu
nv re-charter of the Union and Planters
80 Banks, but was opposed to the charterinI
I'll of any new banks by the next Legisls
he ture.
ze, The organs of the party endorsed thes
IS, sentiments, and, though equivocating a
ay the day of election approaches. are still
,te for an ultimately exclusive metallic cur
va rency. The Memphis Avalanche, in tn
Ike course of one of its TRADES against bank.
ne said.
B. "But we can tell these penny-a-liner
90 that they will have TO hunt some othe
e source by which TO grind and fleece tn
OF people. The corruptions and swindline
100 of the banking system are too numerou
up- and fresh in the recollection Of the peopl
- for them 10 be influenced by the sill
praiseo Of bank toadies. The excitemer
10 and hatred which has been engendere
de, in the popular heart against banks ma
nts sluniber but it can never be extinguisl
ed. The people have too long groane
under the evils Of banks 10 be purchase
use OF driven like cattle into their support
IAN The honest masses are tired Of bank
lin and well they may be.
his Keep these facts before the people :
will Hold them to the record and rememb,
that vote for Harris, Smith and Il
!. Democratic ticket, is vote against
!, well regulated banking systeml
tel. Washington. July 2z.--J. A. Cushma
e,r. Of Mississippi, has been appointed Mi
lister to the Argentine Confederation, vi,
loE Yancy resigned. Barringer declines Il
Central American mission. II believ,
ee, that all questions in that quarter can |
Ky. adjusted by properly qualified represe
tative.
u, SsB- Our next paper.will not be put