Indiana American, Volume 8, Number 11, Brookville, Franklin County, 13 March 1840 — Page 2
money power for the purpose- of speculation.
peculation, and cotmption would oe placed under the control of the Executive ft system of menace and promises will be established the menace! "to the banks id possession of the deposites, but which might not be entirely subservient to Executive views; and of promises of future favors, to those who may not yet enjoy it favors. Between the two, the banks would be left without influe nee, honor, or honesty; and a system of speculation and sto.k iabhin? would commence, unequalled in the
annals of our country. I fear lAy hate already
commenced." Does not the cenllrrmn from Switzerland
apprehend the force of this language! Do
not you, Mr Speaker, and the majority here, feel its truth; has not the whole country realized itt Mr Calhoun, is distinguished for mmy of the fare qualities of the great states man. Some of these, he exhibited in the extract 1 have read, in his prediction of the ruin which the administration was bringing upon the country. But times have changed. Then, i attached consequence to all Mr Calhoun said. -Now, sir. 1 do ttot attach any, to any thing he mny say. He is now reposing in the bosom of the Fool-step Administration, and doubtless thinks that he will )ctsit enthroned in the Capitol. He is mistaken. Many men with heads as cleir, and hearts as firm, and arms as strong, hare realized the truth of the school boy lesson, that there is but one step from the Capitol to the Tarpeiau Rock. Mr. Judah continued: I now approach the remarks of the list of the gentleman (Mr.
Lane,) whose remarks I fee! b.mnd to answer.
35 ;and the people to sanction the suspension. lit to the Lank of the United States. That
That gentleman informed the House, that he)
In 1816, such men as Mr. Clay and Mr. Cal
houn, driven by the situation of the country,
forgot their abstract opinions, their party the
ories, and their personal prejudices, and uni
ted with Mr. Madison, in creating the bank of the United States. The leading, republi
cans of that dity sacrificed all personal consid
erations on the common alter of their Father land. . The object was to restore the currency, to regulate the exchanges, and to aid the treasury. But, sir, those men never dreamed, that Mi. Taney or Mr. Woodbury, could be called to preside in the treasury department!
1 he bank was chartered and went into op
eration. But before the objects expected from it conld have been realized, a bank ma
nia seized upon the Slates. Many banks were created in the old States, more in the new near fifty Dick Johnson banks were created at one batch in Kentucky . Similar
creations took place in Ohio, and throughout
the western valley. Speculation was thus excited; and then, the budding piosperity of the land was nipped, and withered. Such in a few words, is the history of those times. The gentleman from Dearborn, could look back from 1840 to 1819 and 1320; he could forget the causes which induced the financial difficulties then existing; he could forget the circumstances which contribited to the ultimate recovery of the country from those difficulties; and then ask us, cooly- and calmly, "if the bank of the Un'ted States could be of any service, why did it not relieve the country in 1819 and MttOf" This question, the gen
tleman put in Ins nest manner; a manner,
owed a debt to Indiana, whirh he was deter
mined to strive to pay. And so do I. But tht gentlemin is a min of manyjdomicils! He grew up in New York; he lived for a time in OYto; far a time in Kentucky; and, hs has lived for many years in Indiana. I h.vve haj but two; the homes of my boyhood an J of my manhood after God's mercy and my own exertion, 1 csvetall, of private fortune aoJ of public reputation to the people of Knox
county: they h ire upheld and sustained me; whether in good fortune or in bad; whether
io days of triumph, caressed by friends; or in time of misfortune, persecuted by foes; they hnve uphehl and sustained me. Can the gen-
tleavtQ from Dearborn say the same, of all.
or anyof his horn s! That gentleman told of
the heavenly qualities whii h he loved. But there is one love, which ought to warm all
oar hearts, and which cannot find a resting
pince in oosoms warmed only ry the hreolTac
tion. I mean the love of onr country. That
gentleman culled on the dominant party to rally; and hoped, they would be able to get nil right! But I hope, that he will cease to
cxaibit himself as a mere partisan !eader,that
he will soon forget his caucus tactics, and engage with mc in the only worthy strife the effort to do the most public good J The gentlemin from Dearborn, did not pause to enquire, whether the report was true
or filse, in its statements or conclusions.
Bathe was pleased to assume these propositions for discussion; neither of which had anything to do with the report. He said that the present difficulties of our country had been attribited, and falsely, too, 1st. The opposition of Jackson's administration to the bank of the United States. 2J. To the specie circular and hank sua-
pension. 3d. To the Maysville veto; and, by these digressions, he hoped to withdraw attention from the report, and to unite the party. He went back to the state of the bank of the United States in 1819, and has, in his most im pressive manner said, that, if that bank could secure a sound currency to lhe country.it could
hare djne it in ISiO- The transactions of
. those years were matters of observation to him; tame, they are matters of history, but of well
known history. However, he might have spared all his labor, if his object is to identify me
with tne bank o the United States. Up to this day, not one word has hi. suonort of th
bank of the United State! passed mv lips; but, I will avail myself of this opportunity to declare my settled opinion the oninion nfnn
whose political opinions are all drawn from the Jefferson school; the opinion of an original Jackson man, long accustomed to the battle cry "a single term, reform and retrenchment;" that, I prefer a bank of the United States to the union of the purse with the tword, commonly called the sub-treasuries. I regret the necessity which drives me to the support of n national bank; but we must choose between it and a system of corruption and of plunder, whose only sanction the Piesident himself can only find in the examples of more than twenty foreign and monarchical governments. The President in hi.
tells us, that out of twentyaix governments,
iwcmj-iwo preier tne union of the purse with
ine swore; and he calls upon us !o yield ooropinions to the example of this majority. But it will not do. Such examples are not for us.
To return tothenronersuhUrt. Tk...n.
tjeman from Dearborn alluded to the state ofi
tne Dank in 1819, and referred to its effects
in urn. I he gentleman forgot to review the financial history or the counter from 181 1 to 1819, so necessary to a proper 'understanding f the state of affairs in 1819 and 1820
tie is oetter able than I am to look back upon those times be was a man then and doubtless he would have done so, if he had been sincere about this discussion ; if he had not feared to give the facts, and trust to the honest convictions those facts would induce. r u.1" l5Uthbttfr Tippecanoe was Efu l the ?I wl.lh En,ad followed. At that time we had only State banks end in short time, all of those south of New Ens i2?i I'. Pc Payment. The neeeij WH ff the hmss compelled f he government
which struck me at the time as being most pe
culiar; most unlike any thing on earth, unless
it is the indescribable manner thrown by Ho-! earth into one of his pictures; that picture, in
which he represents the Old Bawd meeting
the Curate's daughter. The bank of the United States accomplished all it could accom
plish. It could not at once, regulate the currency, nor control the exchanges. But so soon as the Dick Johnson creation of banks
had passed away; so soon as the bank litters
in other States had passed away; the bank of
the United Mates did -ome up to the objects olits institution, and,until after 1820 we had
a sound currency, and reasonable and fair ex-chanes.
Fornvtny years, whilst the United States
Bank exercised its functions in all the vigor of
mat institution, men in Maine, inJUeorgia.or in Missouri, could pay debts in any State in the Union, for a discount not exceeding one
nan per cent. With United States Bank
notes in his pocket, a man could travel from the Atlantic to the Desert, from the Gulph to the Lakes, without bcine shaved.
But now, how is it, under the treatment of
such Doctors as Benton and Kendall! Now.
we have no such bank bills; now, we car scarcely go from county to county without be
ing snared ; now, we are all under the power of the shavers. At this lim. iuslcnd of one
half per cent., three per cent, is less than the
average loss to the people of this Slate, on
their exchanges and it is an important differ
ence. Our imports from the east are estima
ted at about two millions of dollars annually.
me nan per cent, on that would be'$ 10,000
but three per cent, is $60,000. The differ
ence is $50,000 per year. Upoi this esti
mate thelossof the people of this Stale, since the Bank of the Uuited 'States was crushed
by the administration, may be calculated. It
exceeds $300,000. The loss to thepeople of Indiana is just about the difference between
$60,000 and $360,000. So much, sir, for the
effects of the humbugger on us, in exchanges alone! No man can controvert iIipkr
mates. No puMic man amongst us can fold his arms and say, what f that ! It cannot be
passed over as a slight matter. It is serious to the merchant, but more serious to the people, who are compelled to repay to the merchant his exchange, wilh usual profit on it. Will the eulogies of your party, sir, on the late and present gracious administration, or will the solemn mockeries of the gentleman from Dearborn, give back to our people this mon-
eyi lour eulogies are but tinkling sounds;
yout promises are but chaff; we want corn.
Again, sir, this gentleman has actuallv as
certained the enormous amount fot nublir
lands sold underline credit systemffrom 1816 i toin ti. '
iu ioi:i, inclusive: ano ne proposes to attri-
ouie utese speculations to the action of the Bank of the United States. But that Bank at I 1 . . .
men nao nothing to do with the matter.
1 hose speculatons were induced by the exci (J : r i o. ..r . .
reu -iwn oi me oiaie nanus, we had no great land companies in those dav, with Private Secretaries, and Attorney Generals, at the head, no such unholy combinations then existed; but many of the western banks were
aeposit banks. Speculation was excited, and
with Dick Johnson's currency lor its medium
oi action, spread over the land. Twenty Ill: It amrh .
iv uiuiiuiii nereiow in iai. ii me men
who have controlled the destinies of this n
tion for some years past, had merited the con-
nuence or the people: if ther had nbsaesaed
an ordinary share of integrity, in connection with ordinary sagacity, the causes and the results of the speculations of 1817, 1818, end 1819, would have been looked into, and the second alliance of the government with the State Banks, would not have been fnrmnJ
The results of those speculations began to
mniieii incmseives in the end or INIU. Th.
State banks went down; the Bank of the United Slates went up; and the average amount ?LJK!b!ic ,a,ld old per year from 1839 to I WTn I it S S - - - .
ooia inclusive, is only 91,203,166. For seven years, 1831. to 1837. inclusive, the
average amount of sales is 11.316.950 n-r
year; being upwards six million in 1834, re-
Xuw tureen million! m 1835, nnd more an tmentrfimmiUtom in ISS3. Ta whri
. - "
cause win lhe gentleman attribute this enor-
Bank was in the hands of the spoilsmen: the
government had formed the State Bank alliance; and the prediction of Mr. Calhoun, made on the 13ih January. 1834, was verified. He said that, "a system of speculation and stockjobbing would commence, unequalled in the annals of lhe count ry.w It had commenced; stimulated by the action of the government, it spread; it has pervaded every State; it has influenced the fortunes of almost every frily, it has now exhausted itself, and has left us all in distress and misery. Some few have increased Inree fortunes: some few
more have made fortunes; but many have been wrecked. The rich have grown richer, hut the poor have grown poorer, and God
help the laud when such is the necessary result of the action of the government. In connection with this subject, the gentleman from Dearborn has called our attention to the commercial distress of 1833 and 1834 times in which he was in Congress- He attributes those distresses in the E is!, to (he Bank of the United Slates; and has asserted, too that there was then no distress in Indiana, because we then had no bank, nor any system of internal improvement ! The commercial distresses at the east were not caused by the bank; but by
the attack made br the administration oil the
bank, whic h compelled it to entrench itself.
by every means in its power. We escaped any of the effects, because our old speculating
merceants had been all swept away in the flood of the Dick Johnson currency; and a new set had grown up, then asyet untouched
by speculation, with habits of strict economy;
we then had store-keepers, hut no merchants,
no speculators, lhe gentleman asserts we had then no distress because we had then no
State Bank and no system; this, he asserts,
with a smile, n most gracious smile ;and would
have us to infer that we nowahavs distress in Indiana, because we now have a hank and improvements. But sir, why do we have these constantallusionsto the bank and to the sys
tem! Why do we hate these constant attacks i n thejeredit system! Is it all for the
purpose of exciting the prejudices of the most
ignorant, or does the gentleman believe in his own story! Is it possible Unit he dors not
know that since the middle ages, thcreis no
inslanceol a Iree commercial Stale without a
credit system, without a bank! If he docs not
know this, what business had he in Congress,
and what claim has he to his station here!
We need not go to Europe, sir: the example
ot our own conntry is enough. What su
l t . . .
cams our snipping interest and our commerce;
what has made roads across our mountain
and covered our rivers with steamboats, what
has built up manufactories, and hat has caused the unexampled progress of utilization in this great vall-j, but the credit svstem! The
credit system is an essential ingredient in the
institutions ol Iree governments. With us, it
is the vivifying power to all our prosperity and
to all our enterprise. The man who would deprive us of it, who would reduce us to the condition of Russian slaves, or Swedish peas
ants, or Cuba negroes, is our enemy, the enemy of our country. 1 hone that we shall
not soon again be told that lour distresses
are caused by the Stele Bank Jand Improve
ment system; or, that our ill success in car
rying on the svstem is caused by the credit
system. The gentleman from Dearborn must
recollect that the Globe advised the establish
ment of the bank, and that a majority of those
uicuiur ii m inn uouse two severa
Kendall, and the whale party. Thus ilijuii-jtaiu county $1:25,000 per year; and iiii0T,
nated, they saw that some most unholy specu- pecanoc county $200,000 per year. iit'lM.
lation, some speculation in which they had no interest, lo the tune ol 300,000, was in piogrcss. They ascertained that some interlopcr,some unauthorized speculator, had got the certificate of deposit of a depesile bank for $300,000, to le applied lo some land specula tion. And sir, all the energies of the spoilsmeii,all the patriotism of the majority in Congress, all the faculties of the cabinets, proper and improper, all were excited to prevent the recurrence of so great an evil lo the country
and to their pockets! I he specie circular
wasa1pted. Up to tha: time, all the favor-
ties of the deposit banks could - get discounts
and certificates of deposit receivable in pay
ment of land. But from that time, onlr those
favorites of the deposit banks who were also favorites of the Secietary of the Treasury, could get such certificates. All others were
sunk in the common herd. pronounced vulgar.
and were required to pay in specie. Sir, 1
have ever opposed this specie circular.
knew it originated in corruption. I knew i
estimates are correct, these coon lies pay r&n ally, as h loss on freights on imports ;ilonf follows: Sullivan countv A1L500-. '
county $3000; Vermillion county $7nn Fountain county $6,250; and Tipped county $10,000. To which we may add Car roll, which imports about $60,0C0. and pr for its share of loss on Imports, $3000 C'r year, Sir, 1 beg those, then, hn repreVH these counties to forget ihcirpaMy u think n tlieir rountry. There is yet another startling fact c ounce ed with the Wabash river. 1 refer to a fi,c which interest he farmers as a body, more litem nrtsr aI Ka tmmm aT am 1 L
snail wii I villfjf snM VI ev,flVe - m TCICBII IDC iCH on Slt Alone. According (o the t Me menu tfllMtl fh f Ant-fiif iifi kv im saw .1
Kenhawa Salt Company, it appears that that company ship to the upper Wabash coui.'.rv
each year salt to the amount cf $200,000. To this may be added ten per cent, for olt
I jsorts of salt, say $20,000. The total is $2i2n.. rOOO. The Grand Rapids cause an incrch?
object was lo increase the advantages of the! at Vincenncs of twenty-fire per cent, on l.c favored few. I knew that it made a great price of Salt below the rapids. This differ distinction between the corrupt eastern jecua-'ence of price increases as it ascends the rim. tor and the poor uctkrn trttler, and I have ev-J But this tfifierence only amounts lo $55,CCt er detested it and its contrivers. per year to the Wabash farmers on salt alonr. Mr. Judah continued. But the gentleman Without this possibility of contradiction, contends that the May sville veto did not cause .assert, said Mr Judah, that the loss lo the fur. our difficulties. Who says that it did! We mcrt, mechanics, and other Inhabitant; of t, complain of that vetohecanse it wan made thel Wabash rounfie, during any one of the I.ut precedent for the Wabash veto. Does the three years, on freights and salt alone, mould gentleman from Dearborn remember that the 'pay our share of the Wabah river improve. President of the United Stales sanctioned a; men Is. I assert tlmt the Ion lo the rennl.
. 11 . . i f . ... . . - r i"
0111 lor me improvement of a mountain stream. oi the w abash counties, on freight en imports in Tennessee, about lhe time that he vetoed 'alone, and on the increased price of Salt eiI. : r . t ear a I . . i . . .
"" iinrwrnienia oi me tvanasn river i i ceeus inc taxes those counties several!? tar
do not understand such distinctions. Mv to the State. Ami ni.!r fh.nmnlr.rivJ.
constituents endeavor to approve the right, counties nn call. d uj on lo saiicticn tl.e Wsand to condemn the wiong, in all men. Theyibasb veto; aud her u prieiitnivcs ailijirt do not understand such distinctions. On all'wiih Added arm, without an effort to smtam
subjects connected with the Wabash vallev,'oui own State appropriation. Mr Speaker I fi-ll mvolf him. ll.l--n rrAm 1 1 . .- I I . . . '
-'J--" uciiiicniau icji ctii-. iivm luvBu rirccnia ii vc i appeal io u.e peiv ling Wabash counties will do as they please; pie themselves; and 1 ask them, lo send, hersthey will give way to party influences or not, after, representatives who will think of tw as they please; but they may be assured that riser and our intfrrtts, and net f the rcx the-
uieir constituents shall know the truth respec- tion lor President. ling their acts. From counties north cf Vin- The gentleman from Dtarl tn., (Mr Lau ceanes, directly on the Wabash river, besides J for the second time, took occasion to obsenri
Kcuiu.imj Trc!ciiung aojoining counties,: mac my speech on lhe party history cf the iav whose interests are identified with the river fprovement sjttem, was made in ret.lv lo a counties, there are ten Representatives who' speech whic, w 9i,ij ne ncver made. I cars
support tne administration party, ma m.jori not, sir, wl,at he may say on that tulicct.-
.jr wu ..... uvv, ,n, r , i tvaguiiigionciij.,!!! ,,r,j Uni tmae Uim H leader; Ihey call There are two from Sullivan, two from Ver-jhim an eagle; rtruJ I care not what bird laid million, two from Parke, two from Fountain, the e gg from which he was hatrhed. Ilii and two from Tippecanoe. I ask, sir, what my duly to notice him, and '.herefore I do it.
lie made thet-pcech I charged him nith; scd
SIT, )OU know. utA Uf Lnnai llip nirotira nf
section oi tne Mate! What hat e Ihey done.; tins House know, that after ! had concluded
wnai nas any one olthem done, for our nver'.;:he first part of mine, he rose and acknoaltdgI ask in the name of justice, do the gcnllo-'ed that he had voted for ftay.brcaufc lie conmen prefer the cause of their nartv to IheUidcred RL.cL r..rl ih r..,iii:,ia rn..
cause of their country and of Iheir'couslitu- jtralcj-mid ;tddeJ, lliall.e would not rcidy lo euts! Is it tlieir choice to be silent, lo lick'oic. Iipr.iiw mi m.rL. v. in .' i .
the Feet of the administration that kicks them,! he iid. The grnlleman from Dearborn fur-
to kiss the hand that is raised and kept raised thcr said, that great mistakes had been mud
lonneir destruction! II it h not their choice,! m i,c estimates r.f lhe mil.lir wn.L. Rn.
why is it that I, one of a small minority here,1 sir, why did he not stafrj that there piUIhIoi have been the only one to slir in this matter! were onlv nnnnnt miiiakrJ Tl,-,i nA...A
ti..o.i..m. ii . . . ........ .. ' n " "
, ,c awoi inui ina is pledged to the ataiej ihe estimates were true when made; the difof Illinois to fi rnish $100,000 to meet ourjference being owing to the rise in the pric share cf the expenses of improvinsr the Wa- of labor and iiroviaioii. WIiaii 111 i-siiniairi
-non ii.vii 1 1 nt: un nni inriiKI, tin. mnnPT. Ktro n?wl . . J .
. i . . . . . ! ' . y o . .
river.
who
years, were supporters of the administration
lie must recollect, too, that we were stimula
ted into the system of improvement by the promises of the administration'to aid us wilh
the surplus revenue, and by alf those delusive appearances of prosperity which the bund nf
spoilsman, who rule the land, had created for
their own unholy purposes of speculation and
corrupcion. uui although the gentleman con
tmuaiiy endeavors to give his fifth-rib blows to all our institutions, he tells us that he does it in charity! lhatjealeawy Ws not rankle
that revenge cannot find home, in his bosom,
un, dear, no! not at all! Mr. Clav did not
!. .1 . . .
u.c gciiueman asserts, invoke war, pesti
lence, and famine, unon his enomio.. R..i
he did invoke those national scourges on our country in preferene to all the ereater
scourges which he fell must proceed from the
success oi a corrupt and corrupting faction Why this matter was introduced I lrnn
unless for the purpose of placing himself in
lumiMimm air. Liay.ior, he says he would not invoke such evils on his enemies! He would take moneywho doubtiit?) and thinks he could buy them to their ruin. In opposition to the gentleman from Dearborn, 1 affirm, that none of the evils under which the Stale and country now labor, can be attribited to the bank of the United Slates. Sir, has that gentleman has forgotten the time when he was the friend and advocate of that institution! If he has, 1 will remind him of it. It was at the time, precisely, when the brave and generous old theif, when Andrew Jackson was so low in his estimation, that he could call the old Hero the "Hero of a cotkpil," If the gentleman has forgotten those timesnd the slang of those times, we have not. We lrneTer forget. But perhaps it is possible
umi me gentleman has n peculiar way of
caning names amongst his friends, precisely as some boys mouths will whistle, without the owners consent. Perhans ha tfrihn. ik.
fitT??? .f Jhe 0ttntry to the Bank of
.L Ii!?, BlleM e credit system, or to the Whig parly, In the same way that he allowed himself to call Gen. Jackson the Hero of a cockpit! But moreover, the gentleman has assured us, that he was present at Washington city when the specie circular i B.tnniMi aZ
cording to his story, all of a sudden, a flash of light struck the old President, tha Cbli
. I r p.. c . " . - I
ineiauiioi tne male is violated; but when I, half per month, and pork two dollars nJ submitted, on the 1 3lh January, a proposition half per hundred; hut the labor ws done to Secure it, the previous OUCStinn. which f ill when irniM c-rr ;i.m rl,n .r.
f . - - 1 -"T " mwmwm I " "fcV "W V OIAIVVH UVIIHITl HIJJ I III
o( Sullivan, Parkc, Vermillion, and Tippcca- The gen
fatiA a: me m
.iavrv lUUIIUCI II Uliril Itlnv s na im
, rr'r.i..vu iur mat river is ne D I r t n n Ih... n n i . .
p vpivsciiiHiiTes not only nrc-
gentleman from Dcarloru iMr Lent)
we are mistaken in the amount cf rrvc
nue fa be evnerlr-rl finm Ihn nnklir ailt
i o suppoii ins position as to ew-ioiw. r.i
eel, in their zeal to serve their parly, the in-! particular, as he read from old pamphldi of leresls of their own constituents, but they nc- which he tell us nothing of the paEc, time
....v.. ..... Wl wnoie DODUlation nlitsiieii made, nlarc or anihnrtl. n.
!.. r .. . -- --,r '-vi -
i leci myteil author-;ai.o, nc lias rc
ltrc gciicinan aiinauie tniS tnor-lr-Mmr ILj. f-l.: 1 1 . ' ., " .
that great valley. And
ized to ask, who can discover the patriotism of such conduct! I am opposed to the Wabash I
jciu. i cannot understand the distinction hetwecn it and the Tennessee mountain stream. I am opposed to those who neglect the improvement of the Wubash river. 1 -m
ware of its grel importance to he people of
.... iugi us great interest to the Male, lor the purpose of showing th ;m.
portance of this improvement, I will state
uuie lacis. At the request of some rentl mon m! V
cennes, John Collins, Esq., a gentleman of
.vDr.ct,0j, wnose residence and business rendered it convenient, has kept a register for the last three years, of the loaded steamboats
wnicn passed up the Wabash. 1 have a letter from Mr. Collins, stating the result as follows:
Fr.jm,,e 261,1 p0jr o 30th Decem
ber, iow, seventy-one steamboats. From the 1st Jan. to 16th July, 183S,eiEh-ty-eight stcan-.boals. 6 From 21 March to 12th July, 1839, ninety, two steamboats. And Mr. Collins adds, that from the best
iniormaiion he could get from the steamboat captains, he believes that these boats wonld
average one hundred an J twenty tons per
s i is At a convention of delegates from Wabaih
counties, at Vincennes. on thit 9 1 Hi nini...
last, it was estimated that in consequence of
uV.inicuni ai me urand Kapids, the additioua average cost of freight on the goods shipped to places above the rapids, was eqnal to 5 per cent, on the cost of the goods, added by the merchant to the first cost, and
charged to the consumer. That convention
. Ul" "em eo8t the people of the Wabash $50,000 per year; Irf'fhan
-... r .nareoi me cost or the improvement. Some of the particulars are as fol-lows:-It was supposed that the imports into Sullivan tajtwi tSOfiSO per year; into Parke Countv rZ3Ja T. tJ. vl -.t
lion county 05a,0 per'j iolo Fool.
And then
read from a celebrated anli im
provement party report, mide in New-York lor parly purposes. In opposition to all the gentleman's musty dot oment.I have ihc American Almanac for the present j.r, I'icb gives the revenue from lhe New-York tansJi; for 1838, at $1,415,379, and the expenses for
repairs and soperslruction at $913,1279; Jesting a balance ofnett revenue on woiks ccstinj less than ten millioos,of $901,999. 1 ice.tlr, the smiles, and hear the laugh of the majcrii; at the name Almanac.n It is just as miglt be expected from them. 1 suppose they think these statements are calculated in that woik precisely as the weather is calculntcd hUle Almanacs with which thry arc conversant. It is a book of good authority on such subject!. But, sir, God help those who touchedand
more God help the country whose destinies are in Ihc hands of such men. However, this
statement is roroborated by the statement
of Gov. Seward, of New-York, in his late mes
sage, aud 1 challenge the gentlemen to produce any document to uhich he dares (o give name,place, and date, other than his party re
port, In contradiction of my statement. ud
sir, the gentleman from Dearborn (Mr Laor) cannot read a document accurately ! 11 csnnot one of our own! He was nleased io fall
foul of the Madison Rail-road, and read, that .a .
me expenses lor repairs in a certain time, baa
amounted to 86.000. Yet that same does
ment shows that while the total money laid
out, partly for construction and partly lor re
pairs, amounted to that sum, the repairs baa
omv cost (5tU0U. ' Here Mr Lane attempted to explain. He
said he had not read a word of the report; bs
a a . . mm .
only stated that there bad been paid out op
the road ESHMJlXJ. Mr Judah continued.-
The explanation, said Mr Judah, remiodsn of Mother Lobkins' advice to Leetle Paul;
If yea wants what is net vour own. try and
oo witnout it: and if you cannot do without n
lake it away by insinuation, nol blaster. They
as swindlers, does more and risks less, that
they as robs."
Kir, I do net wish to do injustice totue Cn'
4.