The Columbia Democrat. (Bloomsburg, Pa.) 1837-1850, November 30, 1839, Image 2

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    rich o' t win, ulio was noted for owning
many houses and being n griping landlord.
The mid of money uyml for a moment from
beneath a pair of shaggy eyebrows.
' 1 am told, friend, that lliou nrt very
poor." , ,
"There is nri tlonyfUg Itio fact, Sen'or, it
speaks fr itself.
" I presume, then, vou. will be gla;l;of a
Job, and work cheap!"
" As cheap my. master as any man in
Gien-1a "
" That's what I want, I have an old
rouse going t aecay, ttiat costs mo more
than it's worth to keep it in -repair for no
body will live in it j so 1 must contrivo to
patch it up, and keep it together at as small
an expense as possible,
Tho mason was accordingly conducted
to a hugp, deserted house thatTsecms going
to tuin. Passing through several halls and
chambers, he entered to an inner court,
where his eye was caught by an old Moor
ish fountain.
" 1 seems to me," "Bald he, "as if I had
been in this place before : but it is like a
ilreant Pray who occupied this house
formerly ?" .
" nest noon him 1" cried the lanlord.
"It was an old miserly priest, "who cared
for nothing bit himself. It was supposed
he would leave all his treasures to tho
church. Ho died suddenly and the friars
thronged it to take possession of his money
but nothing could they find but a few ducats
in a lcatlipr nurse. The worst luck has
fallen upon me, for since his death the fel
low continues to occupy my house without
pacing rent, and 1 hint there s is no taking
the law of a (load man. The people pre
tend to hear the clinking of gold all night
jn the chamber where the old man slept, as
if he was counting his money, and some
times groaning and mouaning about the
court. W bother true or false, these stories
have brought a bad name about my hous,e
and not a tenant will remain within it."
"Enough," eried the mason sturdilv
"let me live in v our house, rent free, until
sorn." belter presents, and I will engage to
put it in repairand quiet the troubled spir
its that disturb'it.' I am a good christain
and a pour man, and not to be daun
The otter of the' poor man was very
readly accented to.ho moved with his family
into the house and lulhlleu Ji(s engage
ments. By little and little, ho restored it
to its former state- There was no longer
heard the clinking of gold at night in the
chamber, but it began to be heard by day in
the pockets of the living mason. In a
word lie increased rapidly in wealth, to
tho admiration of all his neighbors and be
rime one of tho richest men in Grenada.
lio cave Iare sums to the church, by way
no doubt of satisfying his conscience, and
Mm ii iiiiiUm tfi I mum i lal ifci.liE.umi
Hi-tin ucaui oeu, to ins sun ant
At a very larce meeting, of tho Demo
ns we said before, if they cannot b3 roslrlcl-
ed to fair business transactions by wnicn
wo mean, that they should not lend their
credit, but upon tho security of labor per
formed, or a commodity really existing, anu
tho fal subject of commercial interchange,
crane citizens of Columbia county, held a
grecably to public notico, at the Court
House,in Danvillc,,on Monday the 18th
inat. on motion
VALENTINE BEST, was called to the
Chair, and
Geouob Mack and Stephen Baldy,
Esq, were appointed Secretaries.
After the objuct.of the meeting was stated,
in an able and eloquent manner by John
Cooper, Esq., a committo of nine was ap
pointed to draft a preamble and resolutions,
to wit :
John Cooper of Danville.
Samuel B. Wilson of Liberty.
Samuel Creasy Esq. of Mifflin.
Benj. Keelerof Jackson.
Col. M. It. Howor of Roaring Creek.
B. K. Rhodes oDanvillc.
John Stoincr of 1)erry.
Peter Shultz of Cattawissa.
CaDt. J. S. Follmer of Limestone.
Who reported the following pteamble and
resolutions through their chairman John
Conner :
Whereas The existing state of our
currency, demands immediate deliberation
and expression of opinion, in order that the
leiriidature may know something about the
state of nublic opinion, before measures of
reform are adoptod. For this purpose wo
have met. and in this meeting, we assume
nothing, nor do we arrogate any right or
niivilcce, but such as may be constitution
ally exercised, by the humblest citizen of
the Commonwealth.
Scarcely two years have elapsed, since
the last suspension of specie payments
and now without any. run upon the banks
or any assignable reason, other than the ur-
trest necessities, and undoubted bankruptcy
of " The Pennsylvania Bank of the United
States," (which it could be ilearly shown,
did the present occasion demand the exhi
bition) has never been in a solvent situation;
our banks are re-enacting the scenes, which
disgraced them, and impoverished the coun
try in 1837; and with one, or perhaps two
exceptions, have voluntarily assumed the
altitude of insolvents, and declared them
selves bankrupts in the face of the world.
Wo are not the enemies of banks, or
those interested in them; nor do we contem
plate with pleasure, tho distress and dis
grace, which their own infatuation and fol
ly have produced; we neither seek nor wish
the ruin of any man or class of men. But
we must, and do, most solemnly protest, a
gainst principles and conduct, which thus
jeopardize periodically, the dearest and best
Uhe.ji'mi. in or-
0. Resolved Thalwodisappro"eof the
papercrcdit system, believing that it scrves
to paralyze industry substitute cunning lor
wisdom convert the honest and industri
ous operative into a schemer and swindler
and to introduce habits, manners and prin-
equal to the amount of tho loan asked, or if ciples, at variance with those which ought
Died, at the Dauphin county poor house
on Saturday last, RANK, formerly a slave
of Mr. John Harris, founder of Ilarrisburg.
He W39 born about tho year 1745 where
Ilarrisburg now stands, and consequently
uas neatly .f not more than ninety years
cf age. He was manumitted by the )ate
Mr, Adam Orlh, of Lebanon (then Dauph
in; county. Frank was undoubtedly the
oldest, inhabitant of this county, well re
membered whoii the Indian smoked his
pipe, and when the forest covered what is inseparably, connected with tho credit sys
now Ilarrisburg and its smiling vicinity. 'tern, and incurable so long as it exists, let
lie used to.say ho had " turned many a fur the system be abandoned ! Let justice be
bid craving for wealth, luxury and grandeur,
of tho few. We will not endure, that the
hard earnings, of the laborious and industri
ous producer shall be wrung from him, to
feed the pampered appetite for wealth and
power, of money-broking, stock-jobbing,
gambling, speculating, banking consumers.
We demand, that measures be adopted, cal
culated to fcecuio us from the destructive ef
fects of the fraud and folly of those, who
support, profit by, and direct the present
system ol hanking. And we say more
over, that it the evils illtncted on us aro so
they cannot be prevented, from extending
the time ol indulgence uy renewal oi mo
notes of their debtors, after' the lapse of six
ty or ninety days, or compelled to change
thoir directors periodically and to submit
their affairs to the supervision of public a-
gents, appointed for the purpose. and that
their charters oe at an times wiuim legisla
tive control, without the interposition of ju
dicial nroccedings, and the stockholders
made liable for the ultimate failure of the
institution, and in all other respects reform
ed where reform is necessary for the pub
lic safety. If this cannot be done then the
sooner we get rid of them the better.
Wo are wom out with reliance on pro
mises, when our confidence only serves to
botray our own insane folly and gullibility;
and the utter treachery and worthlessness
of those who make them and the promises
they make. Wc say the lime for palliative?
and patching, is at an end and. the disease
must bo radically cured, or the system dis
solved, and if the Legislature oxpect, that
wo wilt sutler tho " wool to he drawn over
our eyes ' any longer, thoy commit a mis
take, and we wilt seek tor that corrective,
in tho ballot-boxes, which it is in vain to
look for, in our legislative halls at Ilarris
burg; whero too many seats are filled with
corporators, bank debtors and stockholders
and where tho lobbies teem with borers
of all sorts, for objects cilculated tlo enrich
themselves and rob the public.
1. Therefore Resolved That tho expe
rience of forty years has sufficed to satisfy
us, that banks have not supplied a sound
currency -and if they cannot accomplish
this end, all arguments in their favor van
ish into empty air; and no reason, can bo as
signed, why these institutions should be en
dowed with privileges1 unenjoyed by oilier
money lenders, who risque their capital and
aud liabilities, without the aid of a charter
to screen them from tho effects of their own
fraud and folly.
2. Resolved That unless banks can be
reftticted in their loam to fair business
transaction, conducted on pure commercial
piinciples, it is worse than folly, to expect
stability in the currency they supply, or
regularity in our domestic or foreign ex
changes. If their notes only represent val
ue in expectancy, founded on chimerical
schemes of speculation to supply luxury
and extravagance, instead of actual ex
changeable commodities of the valus of
the paper in circulation, then banking will
continue what it is, and has ever been, the
plunder of industry to. support idlericsa and
banks cannot devise
row between the canal and tho bridge acioss
the river." lie posscssedv in an eminent
rfrre(j the virtues and vices of his race
being i hard worker, a hard drinker, a loun
per, and exhibiting an uncontrollable tem
per. Frank used to assert that he had often
p'a cd and wrestled with Logan, the Min
go I'liiof. then a young man; now so cele
W by the speech he is said to have de
livered, contained in Jefferson's Notes.
W hf-ihr-r Logan ever resided on the batiks
of the Susquehanna, we have no means of
itertainiiii;, but Frank, when the matter
Mas cxplniucdffo him, insisied that lie had,
r,, id that ho left it before the expedition of
toe " Paxton hoys," to Lancaster, If so,
be must have pitched lib wigwam on the
Wrt't-rs of the Great Knuawha, abou 1700
-1 1 years before he he mado the speech
n'.lndcd to, making Logan's age at that lime
about 29 years, which agrees with the tradi
tion upon the subject.
Ilarrisburg Reporter.
President JJoyer. A correspondent of
the N. Y. Observer, written from Franco,
Javs : "1 was sosted in tho diligonco bo
sides a well dressed man of very respecta
ble appearance, who, , after spmo conversa
tion, ashed me if Bover was still President
of the United Suites'!"
Fifty years wwA-.Half a centutv .120.
Ohio was a wildernirs In tho year' 1830,
f:is Statu has a population rif one million
ti t 1. undred thousand inhabitants; one largo
si-udid, and densely populated city, and
li. Ii a dozen thriving towns; 1,010 post
es; 5 incorporated cities; S3 banking
companion; 20 colleges jtuti prujeipal omi
j am of learning, together wilij publics in
e i.iiiioiiB for the ir.sane, il 10 deaf and dumb,
jhH the blind. Cincinnati Pott,
The select iiir-u of Now Haven, hayn
f 'l 'iuhed a rcruihMte, in which thoy hUle
1 '.'v.! Alrt' .is ol t!io Anustad are com-
sitH.iifJ, " i'fi ;m.pfi, well
' moms, mid tiist they are apparently
1 ' '. jud !. -j'py.
done thou"h the heavens fall !
Wo believe that labor is the foundation
as well of national as individual wealth,
and that it is the true measure of value, reg
ulated by the means of supply and the ne
ccssities of demand. That whatever is sub
stituled as the medium of interchange or
barter of commodities on which labor has
been expended, must itself be of the value
it represents; and must represent labor I ac
tually performed, and existing in the article
bo it manufactured or taw material which it
leports to represent.1 of equal value. We
do not believe, and can 110 longer be gulled,
by the doctrine that commence is the mcas
ure of value or that paper money accom
panied by confidence, although of- no iutrin
sic value, furnishes a circulating medium c
qual with specie gold or silver, which con
lain in themselves the qualities requisite to a
measure of value.- First, they aro small in
bulk,, and divisible. Second, their very
scarcity makes them valuable, from the la
bor and expense necessary to obtain them,
and tnereloro- are not like the paper rags
which cost little or nothing to manufacture,
and which can be issued by individuals
or chartered companies with little cost or
trouble, and used as thoy have been used to
drain the earnings of the working mm in
to the pockets ol him who lives by his wits
on tho labor of others. We have no confi
dence in banks, or their paper, as at present
condncted; who substitue, their financcering
quackery, and air-built nothings, consisting
of worthless promises and rags.forthe more
substantial and immutable standard ol gold
and silver, as tho basis and measure of val
ue of our circulating medium. Wo repeat
that no currency can be entirely sound whnse
vehicle ol transmtsson, .is not intrinsically
of the value it purports to represent, and
represents that, which is of cnual value
.with itself. But wo have become accustom
ed to bank dealings, and bank paper, and
although we believe it would have heen bet'
ter for tho country had no bank ever exist
ed, yet we nro'nnt prepared to say. if
a method, by which
their issues and circulation, shall bo confin
ed within tho limits prescribed by prudence;
for the use ol their paper, 1. e. a medium
of exchange of one commodity of value
for another of qual worth, then ought the
whole system to be exploded as a scheme
for robbing tho laborer of his hire, aud in
dustry of its earnings lo enable the idle,
pampered and luxurious few, to trample un
der (not the lights of the many.
1. HtHolved I hat the practice of vot
ing by proxies at me election 01 uank-om-cers,
and directors, is a serious evil and
ought to be done. a way and that at least
one third of thc.diregtorsor all banks,oughl
lo be annually changed aud replaced with
new men, because we arc satisfied, that ii
the same persons havethu conduct and man
agement of a bank for a series of years, all
attempts at investigation ot its concerns are
idle mockeries.
5. Resolved That we view tho creation
of banks and other corporations to the ox
tent hitherto carried, in no other light, than
as a grand political scheme, devised by the
to characterize tho citizens of a republic.
10. - Resolved That tho acquisition of
masses of wealth in tho hands of individ
uals, is an cvilj we therefore nro opposed to
the extension of the Legislative aid to such
accumulation, we aro aware that it is an o
vil inseparable from human transactions and
admits of no remedy, but that society should
assert its own dignity ard frown into insig
nificance and contempt, those who consid
er money, however acquired, tho snro and
only passport to respect and deference, while
ijs possessor may be utterly destituto of ev
ery attribute which distinguishes the honost
man from a rogue, or a human being from
a beast.
11. Resolved That we can no longer
endure, that tho common and every day bu
siness of our lives, our contracts, our deal
ings, our domestic concerns and interests,
shall be subject to the contiol of lawless
soulless, unprincipled corporations who
have no motives of action but avarice and
cupidity ; and wo will do all that men may
or can do, to put an end 4o the vampyre
reign of these irresponsible bodies.
12. Resolved That we are in favor of a
Constitutional Independent Treasury,-
and believe that tho passage of a law di
recting the fiscal operations of government
lo be conducted by responsible officers, and
the revenue of the Union to be collected in
the Constitutional currency, i. e. gold and
silver, will be fraught with incalculable
advantages to the happiness, and security
of tho rights of our fellow citizens, and go
far to counteract the operations of the de
mon of speculation-
13. Rrsolvcd That we can discover
no sound reason why those who invest
their money in the stocks of a bank, or o
ther associations, by which tkey expect to
reap a pecuniary advantage: should be ex-
mpled Irom liability, lor the want or integri
ty or" prudence, in the conduct of officers
and diroctors of their own choice, in whom
they, and not the public, have reposed con
fidence. 11. Resolved That wo cordially ap
prove of the course pursued by our present
worthy Chief Magistrate DAVID R. POR
TER, and confidently relying upon his
patriotism, integrity, firm-ess, and talent,
we trust that he will continue to listen to
the voice of the people ihcmselvcs, as to
the measures necessary for their relief
not exclusively tho relief of tho banks
rather than lend his ear to the importuni
ties of those who are over-attached to the
flesh pots of Egypt, gold-headed canes,
baskets of champaiguc, bank facilities, lor.
izing any bank or ossof iation lo isstto fjotei
j 1 a IC3S ucnominauon than lire dollars, as
utteily unworthy oral! futuro trust and con
fidence 31. Rcsolved'Yhul wo have tindimin
ished confidence in the talents and palrloU
ism of our worthy, talented, and patriotiri
President Martin Van Buren, and the offij
cers of tho General Governmeht,
22. Resolved-That the democratic par
ty aro tinder great obligations' to the editor
and correspondents of tint truly ablo
democratic paper published at Washing'
ton city, called "The Globe," and that
Messrs. Blair and Rives aro ablo and
faithful sentinels on tho watch-tower of
23. Resolved That wo highly approv'tf
of the course pursued by the Ilairisburgf
Reporter, and would recommend the con'
duct and principles of that ably and well
couductod patriotic newspaper, as an e.v
ample to a neighboring print. Wo hoprf
tho Democratic party will not forget wha
is due to those who are faithful and true.
24. Resolved That in our opinion, n
committed of inquiry, competent on the
grounds of capacity aud integrity, ought to
be appointed, to examine into the .-iltiatioir
of tho different banks, in order that tho
soundness or unsoundness ol these initilu
tions jc ascertained and the wheal be sep
arated from tho chaff. That the commis
sion of supervision ought to bo permanent
in its character, unconnected with the Stats
Legislature, aud its members annually oleo
ted by the people.
Cashiers, Directors,
atistocracy of concentrated wealth, for the
purpose of holding in check and controlling
the Ircedom ol mind aud action ol their
more worthy and honest fellow-citizens
establishing privileged classes in the com
munity finally prostrating our state sove
reignities, and forming a consolidated gov
ernment, through the agency of a national
bank, as u stepping stone lo the annihila
tion of our republican institutions.
0. Resolved That we are opposed to
the present banking system, its tendency be
ing to increase. tia. number of debtuis to
uicsu monieu institution, 10 an alarming ex
tent. Thereby, inducing a stale of depen
dence on them, which necessarily begets
political and private subscrviancc, and en
ables the monied power to exercise complete
control over their political conduct; thus in
effect converting our frco and independent
citizens into serf's and slaves.
7. Resolved That the reckless and un
blushing disregard of their promises and en
gagements by tho banks, and their debtors,
weakens and undermines tho sense of mor
al obligation, and furnishes pretext, for in
dividuals to pay 110 attention to their most
sacred engagements, and thus, demoralizes
the country, and breaks down every barrior
of distinction between honesty aud dishon
esty right and wrong.
8. Resolved That we do not consider
it as tho least of tho evils inflicted on us. by
mercantile and bank depravity, that the ex
amples sot by their votaries, of luxury and
expense, beyond all sober calculations tho
disease becomes epidemic, and spreads its
1 r.,i .1 1. .11 -1 ,.c
thev pair be uroporiv reculated, wo ought 1 from the would-be meichant prince, to the
m abjtain altogether from their use. Hut j
But ; day laborer.
of borers,
15. Resolved That without presuming
to dictate, we would gently insinuate, that
profession and practice may differ, and
that the voice of the 1500 majority of the
"Star of the North," may weigh some
thing in the scale on some futuro occasion,
and it will not be in favor of those who
comply with the fashionable practice of the
times "row one way and look anoth
er." 10. Resolved' That while wo equally
commiserate aud condemn, tho infatuation
and delusion of those whose extravagance
and unhallowed hankerings alter boundless
wealth and granduur, have suffered their
characters and fortunes to be attracted with
in the suck of the Malestrom whirlpool, the
great "paper credit system," we cannot,
nor will we consent thai the well being ol
society shall bo any longer disturbed that
they may be rescued from tho just punish
inent ol their fully and extravagance.
17. Resolved That we can frame no
excuse for any bank refusing to pay out
its specie in discharge of notes presented
at its counter ; inasmuch as specie lying
dead in its vaults can answer no good pur
pose to the public or the bank, and that
they would be more likely to secure the
good will of the people by paying their
debts so far as they were able, than by
holding on lo their specie, and in effect
saying, because we cannot pay all wo owo
-rive will pay nothing.
18. Resolved That those banks which
while they by refusing payment of their
notes, proclaim their inability to pay hae
nevertheless declared dividends of the very
ineausnvhich ought to be used to redeem
their paper and pay their debts have no
right to expect lenity or indulgence, but
wutild do well to prepare to wind up their
accounts with as little delay as possible.
ID. Resolved That we look upon the
Pennsylvania Bank of the United States as
bankrupt, and degraded in tho eyes of all
commercial men, here add in Europe, and
we believe that wo owe to hor all the mise
ry and wretchedness which have followed
the faithlessness and inability to meet theii
liabilities, of the banks and merchants, and
that such has been the character of her
transactions under her present charter
that it ought to be taken from her without
tho slightest hesitation and that she should
be compelled to employ the fag end of an
ill spent life in making what preparation
she can, for her monstrous acts of fraud and
20, Resolved That wo will consider
any officer of government or other porson
in or out of ihe employ of the people; who
shall counionanue. advige. nr in nnv mnn.
I tier aid, the passage of any law author-
After tho resolutions were read, H,
Webb moved that the li3d resolution bo a
mended, by inserting the names ofthoKey
stonc and Stato Capitol Gazette, and that
the resolution be further altered so as to
comport with the amendment. Tho no
tion was seconded by S. F. Hcadly, Esq.,
and after a lengthy whichS.P.
Hcadly and II. Webb advocated, and John
Cooper and David Petrikin opposed, the
amendment, it was withdrawn by ILWebb
upon an understanding with Mr. Hcadly,
who then moved that tho resolution ba
stricken out. This motion was seconded
by II. Webb, and carried by acclamation.
The qucition wasthen immediately put upon
the whole of the romainining resolutions.
and carried by the feeblo response of a few
25. Resolved That the proneedings of
this meeting be signed by the officers, and
published in all Democratic papers of thtr
V. BEST, Chairman.
GnnnoK Mack, 1 Secfatar;e.,
Srr.rHKN.BAmvt S
Tho 15th Resolution, as originally r
ported, contained threats of an unrelenting
warfare against the Governor, unless he
explicitly obeyed the recommendation of tltsr
rcsoluttons, aud spoke of commanding tho
" 1500 Democratic majority of tho Star of
the North," to enter the list in their cru
sade against him, with as much confidenro
as if they were menials and subservient
tools, and could be made to adopt the trans
atlantic opinions and feelings of the newly
converted anii'bank chairman of tho com
miltee.withouteven thinking for themselves
Had there been a separate vote takpn up-,
on it, the resolution would have received lit
tle support from the meeting. So satisfied
arc the movers of this fact, that they have
profited by the old adage, of a word lo th
wiso is sufficient," and stricken out a larga
proportion of the offensivo matter it cerv-taincd.
The news from this State sufficiently in
dicates the triumph of the Democratic Arms,
From our exchanges we gather the fact that
McNutt, the Democratic candidate for
Governor, is elected; as also, Brown and
Thompson, tho Democratic Congressmea;
while the immdnse gains in the counties'
heretofore against us give us both house
of the Legislature, thus securing the re-election
lo the U. S. Se;iate of the talented
Democrat Walker, aud the defest of Mr.
Spouter Soapsuds Prcntissi Tho Whig
papers eive it un in despair. So wo
The Boston Post of Thursday says, al
lowing for scattering votes, (and the utmosi
industry of all parties can detect but 238.)
Morton is elected by about 200 majority.
Wo feel entire confidence in saying lo our
friends at homo and abroad, that Marou
Morton has a clear majority of all tin vote
cast for Governor, and the democracy mean
they shall all be counted'.
Missouri Special Election. 'Vh Mtf
souri Argus of November 4, gives returns
from seventeen counties, which contain
most of the Federal strength in the State ;
and the vote stands for Jameson, (Dem.)
4,57fj; Griinsley, (Fed,) 3,502. Do-no-
ctaue majority at present, 1,077- 1 "e
counties to be heard from will largely Hi-
crease th Democratic majority .