Juliet signal. [volume] (Juliet [i.e. Joliet], Ill.) 1844-1???, 1861-06-25
United states Bank.

1t is evident that there will be an effort
made, at the coming special session Of
Congress, TO revive the old United States
bank. Republican newspapers, through
out the country, have expressed themselves
in favor of the project; and the old Fed
eral Wings are now fattering themselves
that the embarrassed condition of our f.
nances will give them an excuse for fasten-
ing their darling scheme upon the people.
These old Federal Wings will have ma
jority in both branches of Congress and,
if they Think they will be sustained by the
people, they will faste1 the monster upon
US. 1t is said that Browning, the successor
Of the lamented Douglas, ives selected par
ticularly with view to his former pro-
cliyities in favor of United States bank,
and that he stands pledged to have the
measure brought forward tat an early pc
Rod
Now, we wish it distinctly understood,
that we are opposed to the charter Of Ma.
tional bank. We hold that the arguments
used against the old Unitod States back by
Jackson, and Benton, and the true men of
those days, are just as applicable now as
they were then. We believe that greater
curse could not befall the country than the
creation Of National bank. Indeed, it
would be the end of our free government :
aud the surrender Of our rights and liber-
ties into the hands of soulless monied
corporation.
We are fearful lest the enemies of equal
rights and free government, in this period
OF financial distress and dismay, will en-
deavor to wiring from the sufferings of the
people their assent to a United States
bank. The people should beware of the
money power. 1t is the ost tyranuical
of all despotisms. Far better would it be
for this country 10 have monarch to rule
it than a great mcnied institution of the
character advocated by the Federal Wing
Republicans. There are signs 10 the heay-
ems which tell of mighty tempest in our
finances. Already are our people begin
ming to realize the terrible effects of .he
revulsion. but we trust they will bear up
stiffly under the Infection and breast the
the storm as becomes patriots. We trust
that they will endure the torture without
yielding to a measure which would destroy
the best interests of their country, and
make them and their children slaves fo--
ever.
The Constitution, we believe, presents
an inseparabie objection to a National
bank. 1t recognizes nothing as money but
gold and silver coin, and the Government
should therefore receive its revenues in
nothing else.
We know it is argued that we need a
National bank to regulate the currency of
the country. We contend that the Govern.
ment has, properly, nothing to do with the
currency or exchanges Of the country
Therefore, let it contine itself to its plain
and obvious political duties. Let it con-
meet itself with no mammoth banking in
stitution.
Of all the evils which have befallen US,
the connection of bank and State would, in
the end, prove the most ruinous. And if
our Republican Congress desires to seal its
infamy, let it charter a United States ban K
to 90 with its infamous tariff law. The
two together would be almost as bad as the
appalling civil war that is now drenching
our land with fraternal blood.