Sunbury American And Shamokin Journal

Mr. Petrikin and Mr. Pollock
The candidates for Congress, have both avowed themselves in favor of the present tariff, and are both opposed to its repeal. On this score, therefore, no democrat can oppose Mr. Petrikin. But there is another great leading principle with the democratic party, in which there is essential difference between the two candidates. Mr. Petrikin, in answer to a letter addressed to him by a number of friends, says that he now is and always was opposed to a United States Bank. Mr. Pollock, on the other hand, has made no pledge that we know of on the subject. He has said that he was in favor of the Bank, if the people were so. This is rather indefinite, and amounts to no pledge at all. That Mr. Pollock has been so late as 1842, in favor of a U. S. Bank, will hardly be denied. A whig meeting was held in this place on the 7th of November, 1842. Henry Frick and James Pollock, Esqrs., with others were appointed a committee to report resolutions to the meeting. Among other resolutions we find the following, which comes out as plain and as flat-footed in favor of a U. S. Bank, as words can make it:-
"Resolved, That it is a principle of the whigs, from which they never depart, to regulate by a fixed system, the currency of the country-without which regulation of the currency, we never can enjoy all the benefits that may flow from the protective system: THAT WE HOLD, AND EXPERIENCE HAS CONVINCED US OF THE FACT THAT NOTHING CAN REGULATE THE CURRENCY OF THE UNITED STATES BUT A NATIONAL BANK: ACCORDINGLY WE GO FOR A NATIONAL BANK."
We know there are many whigs who are still in favor of a National Bank, although there are some who have now become convinced that it would be dangerous to charter such an institution. We are opposed to a National Bank under any circumstances. In regard to regulating the currency there can be nothing better than the tariff. The tariff and cash duties will more effectually regulate the currency and keep our specie from being sent abroad, than a U. S. Bank. So long then as we have a tariff we will have no occasion for a Bank. Instead of sending the precious metal abroad to pay for foreign manufactures, we will keep it at home and manufacture our own goods, as we are now doing, giving employment to our own countrymen, and at the same time affording a market for our farmers. It is only when we are drained of our specie that our currency becomes deranged, and there is nothing that can so effectually prevent a drain as a tariff such as we now have.