Nashville patriot. [volume] (Nashville, Tenn.) 1858-1860, 1859-07-25

Whilst the Union and American was indulg-
ing from day TO day in such expressions as
above quoted, it also declared that the dem
ocratic press spoke in the same tone, as the
following passage shows:
ave have never known healthier tone to
pervade the Democratic press upon the sub
| ject OF banks than at the present time. From
every portion Of the country they enaneraty
thOdo1 and in substance, speak The same language.
| Never before in the history of the country
have the practical advantages and the sound
ness of the democratic theory in favor OF a
uniform constitutional currency been so fore
IDLY illustrated as at the present time"
Subsequently to this, there was a meeting
held in this city under the auspices of Gov.
HARRIS, to consult on the currency question.
A committee wass appointed by that meeting
composed of SAM. A. SMITH, ANDREW JOHN
SON, A. o. P. NICHOLSON, EDWIN A. KEEBLE
and JOHN X. HOWARD, all leading men in that
party, who reported,
~. That it would be unwise policy to re-
| charter any of the existing Banks.
2. That such reforms should be made in our
| currency during the existence of the present
Banks as will insure a sound circulating me-
| dunn, convertible at all times into gold and
silver.
3. That the several Banks as their respec-
tive charters shall expire, should go out of
existence, and such steps should be taken,
consistently with the public interest as will
secure the liquidation of the Bank of Tennes-
see at the expiration of its charter"
This was signed by them individually, and
"was adopted as embodying the sense of a
majority of the meeting"
We next give the resolutions of various
county meetings, which were held prior to
the State Convention of the party, to appoint
delegates to the same:
MACON county, January 8:
ResOlred. That the democratic party of this
county, heartily endorse the present admins
tratlon OF James Buchanan. and oppose the
present Banking system, and approve of
Metallic currency, so far as practicable.
HENRY county, January 8:
T. Resolued That we approve the resolu-
tions adopted by a meeting of distinguished
Democrats held in Nashville in September
last, upon the subject of the currency.
WEAKLEY county, January 8:
Resolved That we are not willing to support
for either branch of the Legislature, ANY ONE
WHO is IN FAVOR OF CHARTERING ANY NEW
BANKS. RE-CHARTERING OLD ONES, OR GIVING
AID AND COMFORT TO swINDLISG MACHINES OF
THAT CHARACTER, IN ANY MANNER WHATEVER.
DEKALB county, Feb. Z:
Resoired, That our banking system is I'M
safe, unreliable, unjust, and should be dis
pensed with as soon as practicable, and the
constitutional currency only should be estab-
lished.
KNOX county, February IA:
Resolptd, That on the subject of Banks and
n rag currency. redounding as they do to
the interest OF the few and detriment of the
many, the Democracy revive their ancient
hostility, believing them a perversion Of II
natural aad sound currency, destructive Of
the best commercial interests of the country
and without warrant in the fundamental law
of the land.
HICKMAN county, February 81:
Be IL ResoIred, That gold and silver is the
only constitutional currency, and that such
reforms should be made as ultimately to ST.
cure this currency in such manner as not to
prejudice the great interest of the people.
WILSON county, March 4:
IL. That we are opposed to granting char
tiers to any person or association of per-
sons, whose object is to issue notes or bills
for circulation among the people, that
the best interests of the State dema nd
that the Legislature shall refuse to re-char-
ter the Union andI Planters Banks, that the
Bank of Tennessee should be wound up az
soon is practicable; and that the public
welfare demands return to gold and sill
yer currency.
MAURY county, February IA:
8. That we recognize in the recent finan-
cial disasters which have overspread the
country coming in q time of profound peace
and unprecedented industrial prosperity-ad-
ditional and conclusive evidence that our
present paper money system is one of the
most gigantic abuses by which an intelligent
people ever permitted themselves to be OPP
pressed; system which makes that money
which is not money; which paralyzes the
trade and industry of the nation; which in
ficts the heaviest loss on that class least re-
sponsible and least able to bear it, and which
sullies our faith as people, both public and
private. Therefore,
Resoiued, That we approve the action of the
last Legislature in taking the first step in a
reform of this abuse, which il is the duty OF
| future Legislatures to carry forward in such
n manner and by such steps IA experience
may demonstrate TO be practicable, until the
last vestige of the evil shall have been re
moved, sound uniform currency restored
and the wisdom of the trainers OF the consti
tuition indicated.
FRANKLIN county, February.
Resoiuoi, That in our opinion no Bank
should be permitted to exist hereafter without
throwing around IL such guards aud restric
| lions will insure a circulation at oil timei
convertible Into gold and silver. and render
them strictly responsible for failure TO es
tablish such circulation, and that the Bank
ing Capitsl so used should be reduced TO tn,
smallest possible amount, that would me'
the wants and demands of the trade aud com
merce Of the country.
DICKSON county, March 4:
Rssolrea, That the action Of our last Legis
lature on the subject Of the currency, was
move in the right direction, and should b
further pursued until we arrive at a sound
healthy aud permanently reliable circulating
| medium; aud that We leave that question Il
be acted upon by the State convention.
STEWART county, March Z:
81. Tha, We regard the present papel
| money system as stupendnous evil ans
abuse, paralyzing the trade and industry a
the country. leading 10 extravaganza and cor
ruption, iniicting loss upon that class o
the people leas, responsible and least able q
bear IL. and therefore unworthy the supper
and federation Of free people.
GREEN CoUSrr, April 4:
Resolpsd, That the trainers Of the Consiitn
ton of the United States were hard-money
men, and intended gold and silver as the cif
culaling ;nedinm Tor the great mass nj %
people. and Ne. therefore d. IN it 10 be th
duty OF every patriot and advocate OF SCUM
currency. 10 exert his intiueDce IN restorin
the gold and silver currency and thereby pre-
vent the banks and deprecated bank pape