The Anti-Bank Democrat, 1842

Started by Aztec_Ghost, February 07, 2009, 03:17:50 AM

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Aztec_Ghost

I found this article browsing a site I bookmarked some time ago. It is from 1842, a time when people in the know were trully fighting agaist the bankstes, a few decades before the banksters implemented their Federal Reserve Bank. Lots of good articles in this paper.

THE BANK INQUISITION.

We copy the following from the Mississippi Free Trader, and we have no doubt of its truth.  The advocates of another U.S. Bank are daily trying to operate on us in the same way.  But the friends of the country, both here and elsewhere must ultimately prevail :

    Proscription and Persecution.—The New Orleans Morning Advertiser, a Tyler paper, complains that the banks and cliques of that city have used every effort to break down his paper, and to induce his subscribers to withdraw their subscriptions, in consequence of his advocating the immediate resumption of specie payments.  He states that one of the Directors of the Merchants' Bank personally threatened to array against him all the power of that institution and its friends, if he dared utter one word against their contemplated issue of a new batch of shinplasters;  and other banks have threatened to withdraw all accommodations from those merchants that subscribe for his paper.

    If this be so, it evinces an inquisitorial spirit, that should be put down by the action of all parties.  Men that venture, at this epoch, to make such threats, would broil the recusant editor an a grid iron, if they had the power.  A few years hence, and an outraged people will tear down the very domiciles that tenant such tyrants.—Madisonian.

Why do not the Madisonian and the Morning Advertiser do as the Tyler paper of this city, come out boldly for banks, an unconstitutional currency, and a further prolongation of suspensions, and our word for it, the banks will "put money in their purses," instead of persecuting them !  As we prefer PERSECUTION to APOSTASY—INDEPENDENCE to SLAVERY, we intend to fight on, but others can hide in a hay stack, or under pack saddles if they prefer to escape the hot shot of bankers !—Ohio Statesman.


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