The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1866-11-13

| WHAT MAY BE ExPEeTED:-If the Southern
States are not restored to the Union at an early
day, and agitation quoted, think that trouble
of a serious nature will spring up between the
] New England and Western States. 1t is certain
| ly to the interest of the South, we'll to the
whole country. that peace and good feeling should
prevail between all sections Of the country, for.
under present circumstances, whatever in ures
one section will seriously affect the other section.
| The New York Times Ia Republican paper in
the following article gives an idea of what will
| happen unless better spirit prevails with Con-
gress:
.Sectionatsm in Neac .Shapes.-We notice that
some OF the Western journals, in discussing the
question of protection and other matters in which
the New England States supposed to be spe-
cially interested, use language descriptive of the
selfishness, narrowness and overbearing tyranny
of the latter section. that sounds amazingly like
the denunciations of the Yankee States which
we were accustomed to hear from the South some
years ago. They working up a sectional
feeling which, however eyes may be blinded
to it under present circumstances, unquestionahy
has in it elements of danger for the future. 1t is
not only Copperhead papers which are culpable
in this matter. but Radical Republican journals,
such as the Chicago Tribune, are among the most
biameable On the other hand. there
trene protectionst journals in the Eastern States
such as the New York Tribune. which denounce
the Free Trade overtures widely held in the
West in language violent they formerly ap-
piled to the ro-Slavery doctrines held in the
South; and seem to regard free trade no less
an outrage upon human nature than Slavery it
self. AS the antagonism widens and deepens
and the sectional feeling which is now making
its appearance in connection with the subject be-
comes pronounced and intensified between the
III NJ, fota ShaH
probably have another struggle, which will re-
quire be under other control than that of heat
ed and blgoted partisans to end in pacific solu-
tion.'
If the Northern people would avoid trouble
among themselves, they had better dispense with
their vindictive feelings towards the South, and
agree to fair settlement of the questions at
issue. If sectional agitation is continued the
whole country will suffer. and another secession
movement may be commenced, not in the South
ern States, but in the great North west. Inas-
much as the Southern Confederacy has failed. it
is to our interest people that peace anG good
feeling should prevail throughout the United
States.
NATIONAL BANKs.-The Acting Comptroller
of the Currency has announced that bonds have
been received for deposit with the Treasury of
the United States to an amount sufficient to secure
the entire circulation of $500, 600 900 of national
circulation authorized by law; and no more would
be received after this date. The limit having
been reached, hereafter it will be useless to for
ward bonds to apply for increase of capital or
for the organization of new national banks with
the expectation of obtaining circulating notes.
From the above it appears that no more Ma
tional Banks can be established. We don't know
that that makes much difference, for it is evident
to all business men, and the people generally
that the National Banks do not afford the facili
ties and convenience that the times and neces
stiles of the people require. However much the
officers of these institutions may be disposed to
accommodate, they frequently find it out of their
power to do so-considering the amount of CAPT
tai allowed them and the exactions of the Gov
eminent laws. Therefore, the State Legisla-
lures ought to petition Congress to modify the
Banking Law so to permit the organization of
| State or local Banks. We hope the Legislature
of North Carolina will take the subject under
consideration at its next session, and enlist the
cooperation of other State Legislatures. There
is but one Bank doing business west of Raleigh,
and that is the National Bank of Charlotte. Of
course no one will pretend to say that one Bank
| is enough for all the country west Of the State
| Capital
| Were it not for the present unfair and stringent
National Banking law, imposing heavy tax and
onerous restrictions State Banks or local in
situations of the kind many of the Southern
Banks would have been able to work along and
finally overcome the difficulties and embarrass-
ments entailed by the war. and ultimately pay
their debts.
We hope the State Legislatures, not only OF
the South but of the North, will memorabilia Con-
gress on the subject and try and get fair play
! for all.