TOR THE ARGUS.
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The Editor of the Democrat seems to
have forgotten that he is under some obliga-
rion 10 explain the inconsistency OF himself
and those of his party who are clamorons
Nnpaiust the establishment OF NatlonaIoank.
When Gen. Jackson, who mas heretofore
been acknowledged to be "the marty, re-
commended Treasury Bank, 1t the very
momeDt too of his announcement of the very
imhortant discovery that "the constitution
alitv of the u. ). Bank was doubted by
many" What clanSe of the constitution
authorizes the establishment Of Treasury
Bank? The editor in his zeal for the sup
posed interests Of his party, has fallen into
ridiculous Inconsistencies, and has made as.
sertions t1o absurd to be needed but for
the purpose of showing the desperate lengths
he is determined to go as partizan, he as
serts, for instance, that the United States
Bank is insolvent. He either does not be-
Ieye what he asserts, or is more ignorant
than he should be. attempting as he does,
10 control and direct the people ct MisslSsiP-
nj United States Bank Notes are now
worth in this town IS to 90 per cent. pre-
MUM and presume the people have soHe
means. as well as the editor, Of learning
something in regard to the solVLncy OF that
Institution.


The editor hrof feSSss to be opposed to pri-
vate Banks, and so do some, Ii not all OF the
candidates he is supporting for the State and
National Legislatures, and yet the most OF
them are largely interested in private Banks,
and some Of them have very usually voted
for increasing their number.


A majority in the Legislature of this State
has, for several years past, been Of 'heAedi-
tors party and what is the condition Of
Mississippi in regard to Banks The State
is flooded with a species Of currency, part
Of which is IS TO 90 per cent. belo" the
notes Of Barks in the adjoining States, and a
part oft literally worthless.


The Editor appeals to the new counties
for help in the "humbug" scheme OF an eX-
elusive metallic currency, informing them
that the Banks have refused to discount their
notes. and magnanimOusly attributes such
refusal to the "rascally Wings AS the
editor assumes 70 know more than others
do, ! would thank him to inform his read
ers which Of the rGSeaYy Wing Banks dar-
ed TO do so. II II can be shown. however,
that majority of the Directors in each OF
the Banks N the State, (rxceptIng, perhaps,
one or lwo) are Of the editors party, will
expect him to informIthe voters Of the New
Counties of the same. so that they may act
adysedly in the matter.


OBSERVER.