EoR TIE STANDARD

Cataao5a Cresk, Lincoln County, ". C.


June 1871. 1888
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June 1871, 1888


Mr.. EDITOR Lincoln county is truly demo
cratic, and / hope she will continue so. We have
few bank whig federalists among US but their
true political character is known, and they are
looked upon as the enemies of equal rights
The bank has again taken the field, resolved to
conquer or die. Henry Clay, the Bank Auor-
ney, comes out boldly in its support. We do not
believe his assertion that we cannot get along
without National Bank, nor that majority OF
the people of the United States are in favor of
such monster-for if we get another institution
OF the sort fastened upon US, we may bid farewell
TO liberty, and shake hands with despotism-
But I hope God intends better things for our
country.


think the question before the people is, are
we 70 be governed by corporate body, the mem
bers of which we have no voice in choosing, and
over whom we have no control, or by men OF
our own selection, under the constitution ? The
answer is plain, and hope the people will give
it-let the people govern themselves and not the
banks govern the people.


think the chartering Of bank upon the plan
generally adopted, is contrary to the spirit and
letter of our constitution, and repugnant to JUS
tice and equity. The constitution forbids that
any man or set of men shall enjoy exclusive or
separate emoluments or privileges. except for
public services. What public services have the
members of these corporate bodies rendered the
community? The granting of these privileges is
plainly contrary to equal rights. 1t is contrary
to justice; for the present plan onl y makes the
stockholders accountable to the nett amount of
their stock, while they have three times the
amount of notes out in the country. and are thus
only accountable for one third part Of them
Now who can say that this is not unjust, and a
fraud upon the community. to all intents and pur-
poses?


But some say that no one pays interest to the
banks except the borrower. But where does
the borrower get his interest--does he not get it
from the people2 And who, l ask, is The bor-
rower-is he not generally the specuator 2-and
he must make his interest and live into the bar
gain2 At any rate his interest and principal
must be paid, and where is it to come from q
1t comes from the laborer, for every thing is up
held by labor, which is the bone and sinew of
our existence.


But we are told by the opposition, that Ma
tional Bank would be an accommodation that
i! would regulate the State Banks and the cur
rency. Now this is more than it ever has done.
When the United States Bank was in full opera
tion. the bills of some Of the State Banks were
SO per cent, under par, and some less and some
more, and all under United States bills and specie.
So the poor laboring men were then under the
necessity of giving q high price for specie. when
wanted Gold and silver are the currency and
the proper regulators thereof, and not bank paper,
which can be made plenty or scarce, at the plea
sure OF the maker. A LOCKER ON.