Clarksville chronicle. (Clarksville, Tenn.) 1857-1865, 1859-07-22
pas- The Democratic Central Committee ha


RsS- The Democratic Central Committee have
and other Questions 1t is yillainons compound
of positive falschood, and ingenious evasion-mer-
iting the contempt of every honest man. On the
subject of the currency, we expected the Central
Committee to do, what Gov. Harris has failed to do
viz; Define the position Of the party, by coming
out distinctly for hard money. But in this docu-
ment we have looked in vain for such an avowal,
and the terms 'hard money" constitutional cur
rency" does not once occur except in an alluson to
the schisms in the party. On the contrary, the
Committee has taken especial pains to prove that
democracy is for banks and only differs with the
posed; and no where in this peracious manifesto is
to be found one single argument for hard money,
or hint, even, that democracy contemplates any
such measure whilst the whole drift is to prove that
the proposed restrictions will secure to the people
sound convertible paper currency. That this is so,
will be made manifest by single paragraph. The
Committee say that in consequence of the evils
growing out of the old system of banking, 'Penn-
sylvonia, New York, and many other States have
adopted the plan of reserving to the Legislature
the right to repeal charters at any moment, and
add
''The State of New York has ninety-six millions
of capital invested in banking under this reserya-
ton No State has more prosperous commerce
or safer or better regulated banks than New York
has had since the adoption of this wise provision.
by which her banking institutions were rendered
responsible to the people
Here is an argument expressly in favor of banks,
and clearly designed to convince bank men that the
democratic party is the earnest advocate of banks
and that its policy is the best possible one by which
to secure sound convertible paper currency. But
whilst thus proclaiming their views in favor of
banks, and dwelling upon the prosperous commerce
they have built up for New York, the Committee
grossly misstate an important fact when they say
that "New York has ninety-six millions of capital
invested under this reservation" of power to the
Legislature. Mr. Merritt, in order to inform him.
self upon the workings of this system, wrote to Mr.
Fillmore and Mr., D. S. Dickinson of New York
one a democrat the other Whig-and both re-
turned the same answer, substantially, and both
letters have been published in the Union and Amer
|
tiers of the banks expired, instead Of asking re-
newal, under the foolish provision alluded to, they
went to work under the general banking law. Sc
far then, from ninety-six millions invested under
this reservation there is proof that one single
dollar sso invested But we have neither leisure MOI
inclination to review this mendacous document got
ten up for commercial localities, under the convic
tion that the cry of hard money is damaging tn,
party wherever trade is active
After dsposing of the currency, and Nctherland'
record the reader is RECALLED with two pages of the
sayings of Horace Greely--a villainous attempt t,
prove sympathy between him and the southern Op
position, and this dirty trick comes from party
which comedies all that the Black Republicans ask
and thus betrays the South for share of the spoils
B=ly@ We copy below an article from Given, Watt
& Cos Circular of New Orleans of the 9th inst.