Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-10-09
Suspension of the Artizan's Bank--COm-
mencement of the POIIticO Comm ereiaI
Crisis.
From the New York Herald.

The city was thrown into considerable pane yes
terJay, by the sudden announcement of the suspen
sion of the Artisans Bank, from which institution
Mr. Plat (who is also President of the Bank with
drew the city funds and deposited the same in the
Park Bank. 1t has been known for some time that
the Artisans Bank in some difficulty, and it is
fact significant of the times that its troubles did
arise from any legitimate cause, but from purely
political circumstances.
This is but the beginning of the polticO-commer-
cia crisis which is the certain consequence of the
present disturbed condition of the countryside I'M
certainty of the future prospects of the COnfedera-
cy in view of Mr.. LIncOln's election, which seems
to be accepted all sides as fOregOne conclusion
and fear of the disruption of our whole system.
commercial and political, of which evidences. too
strong to be doubted for a moment, are furnished
every day in the Southern States.
1t is a matter of grave consideration that even at
this early periOd-before the issue of the coming
election has been put rialpractica Illustrations
of the direful consequences of Republican success
should be presented to us. But, we have said,
the suspension of the Artisans Bank is butt COM
mencement of a reyusisn which we fear is about
to be felt all the country if the conservative
masses do not rise up in their might and at the bal
lot box in November next lay the foul spirit of
tional despOtism which Mr.. Seward is heraldTng
throughout the country, and which Mr.. Lincoln is
pledged to enthrOne at Washington in the event Of
his election, like another Lucifer in Pandemonium.
The panic of yesterday is but a speck of vapor in
a tropical sky fOreshadOwing an approaching tenn
pest The political crisis at which we have arrived
is not in many former times, merely the turning
point of fortune for this political party or that the
question involved is not whether this set Of pOlt
clans shall command power and spoil or the other
set but whether the whole fabric of the Union is to
be eveled; whether the Constitution is to ignored
whether tie commercial prosperity of the country
is TO be demolished whether to live at peace
as brethren united by common interest and a sin
gle destiny, or to drag out miserable termination
to the American republic in internecine warfare
Such are the questions depending for solution
upon the result of the present contest. We see the
first symptoms of danger in the excitement which
visited this city yesterday and this IS but the be
ginning CT the end.
If the Black Republican party should be elevated
to power, and the programme of Lincoln ndSeward
be inaugurated, we will the banks at the North
suspendng emerchants smashing up, the factories
closed the shipping rotting at whaFves; and in
the South the consequences may be still more Sc
rious; the railroads thrown into disuse, and civil
strife raging the fair domains of that beautiful
region. Let us take heed in time; let the people,
forewarned by the evidence of coming trouble
among them, leave the politicians to pursue their
tOrtuOus course of mischief, and come forward IN
mass to save the country from the disasters which
menace it by the election of some conservative man
to the Presidency.