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Liberty Minstrel, 5th Edition

Liberty Minstrel, 5th Edition image
Parent Issue
Day
1
Month
December
Year
1845
Copyright
Public Domain
OCR Text

pievcnt its being used to the public injury. l"c Pili is nll wc have to eay thie lIl)( uk; ond we have said thid, not from any stility to its propnelors, buL fiom o, doteruntioii to oppose all nsïitulions of tliis d in the establishment of vvbich the rijrhts ''' the public are not sofficierttly prolectod. To the other qiKstion, " Would the personal bility of Bank etockholders be any secunty }ai ainst loes to (he public hy Banks?" we re{_,? ?va 'm tlisaflirtnalive. We sh.ill sa y somesid ing on tins in dneiime. We ivillj however, do vert now urtly to the opinión advanced by a 1' )minent bu.-incFS man of the State, that ' ion of charocter and pnidriicc will not comP , t themselves in a 13ank wl.ere they ore per. mlly liab'e!" We have thrce inqoiries to ike of tlu's gentleman. nri 1. Does he think it would be safe for the ;() blic to tnke ihe promises to }ny of a Bank ïich is so (nanagpd th:it "mi of character v d rrsponsiiilitu vrr not become respon. . co ile for its ismes? 2. Does he tlunk thnt there ore any (men character end responriibility" amoug the wi )ckho!ders of the G3 Bniiks of Rhode Islond, Di ïich are chfirtered on this principie? foi S. Does he think thnt none of the 6iocktin ilders of the Michigan Insurance Company i}, a (Canon ri nri'i rn'or nu' rriifctif al Vut _:ry one of them muy be nstantly ibiwú on i_ cftiul ly the Bank to rcdccm its noU's! REAT EVKNTS FROM SMALL tin CAUSES. fo' Lord Chesterfield, in his "Letters lo bis wc n," very earnestly incúlcales on him ne s rrecessity of making friends with the aci tvest subordinatcs at Court, because the ex' 3-t important national afiairs may be $4 terniined by a caprice of the kings mis" ïss, or the intrigues oí a page of the be ck stairs. The samedimuhitive causes is' c sometimes brought to bear ov. the 1cest alai ion of Republics. Com. Slewart, sh his review of Ingersoll's Hisiory of the Inj ar, tells the following story of a very l nple devici' by which Congress was inot' eed to exper.d Uvo millions of dollars : "On the 30th of November, 1812, a ;1 providing, amongst other vessels, for v3( .ir 74 gun sliips, passed the Scnate by a rm rge majorily. In the House of Repretin r.latives it met with ereat ooposition, „„

Article

Subjects
Signal of Liberty
Old News