The Yazoo Democrat. [volume] (Yazoo City, Miss.) 1858-18??, 1859-01-22
[From the Mississippian.
CORPORATIONS

COkPOHAIIUNS
Democracy is the synonym of equality
4" Equal privileges to all, exclusive privile,
gts to none, and g the greatest good to the
greatest up4nber," have been the time-hon-
ored mot soes on its banner. Under thest
inscriptions and the lead of Jefferson, Jack
son, Polk and Pierce, the great industrial
interests Of the country have assembled, anC
constituted, through the different eventfu
periods of our history, the Democratic party
In opposition to the Democracy has beer
arrayed the party of privileges, under vari'
Gus names, starting as Federalists Thi:
opposition has been based upon, and sup
ported in the main by, the artificial closse,
and interests of society the non-producers
composed principally of tradesmen, specula
tors and adventures, and rendered formula
Bile from having the principal control of the
capital and wealth of the country.
Upon the great principles of Christian
morality there would be no necessary conflict
between any Of the varied interests or legt,
innate pursuits in life; but taking mankind a:
we fnd them, there is never>ceasing strug'
gle between Capital and Labor-between the
toiling producer and the proftless consumer
Interests so diverse must necessarily be repre-
sented by parties equally variant. Hence
federalism and Democracy.
In cousonance with all this has been. the
creed professed and the policy advocated and
practiced by these two parties. According
to the Democratic theory; the country res
qnires but little legislation according tc
the theory and practice of our opponents, il
requires great deal. Hence, their idea that
government should furnish us with banks
State and National-that government should
improve the navigation of our rivers and
construct our railroads, State and National
that government, by protective sys-
tenn" should build up manufactures and
after periods Of widest speculation and plum
der of the producing by the non producing
classes OF society, that government should
provide laws Of general bankruptcy, to cheat
labor of its honest dues, and place the spec
ulative interests on their feet again. The
Democratic theory has been to rely less upon
the government and more upon the unfetter-
ed energies of free people in shaping and
determining their own good. Hence they
have, in the main opposed all government
interference in The private concerns of the
people, farther than to extend over them
that general firm protection, in the enjoy
ment of all their political and social rights
and privileges, without detriment to each
other, for which our form of government
was originally instituted.
Taking our assumptions thas far to- be cor.
rect, one will readily see why it is that the
Democratic party has been, as general
thing, opposed to the granting of chartered
privileges and the formation Of private cor.
poratlons, except upon the most stringent
principles, and when absolutely necessary
for the public good"-wbile the opposition
party, ON the contrary, have constantly
inclined to this character of legislation, a.
though nothing could be accomplished ex
cept by the aid of government.
The Democratic idea has been to keep tho
government subordinate to the people. Oul
opponents have sought to render the people
subordinate to the government While We
have regarded its construction as Of simple
form, they have incuIcated doctrines which
if carried out would render it compiler T,
preserve its integrity we have enforced 1
rigid construction Of its constitutional pow.
crs while they, to increase its powers, h&v'
practiced lattudinous Interpretation Of
that instrument These general outlines
nave signalized the career of the Democratic
and its antagonistic party (by whrtevel
name called since the organization Of TIL
Government.