The Wabash Courier, Volume 2, Number 33, Terre Haute, Vigo County, 1 March 1834 — Page 1
A'
M'J
K*i
Twenijr.Tkiril FIRST 8BSSI0N-
olutions
tj,e
Srcretarv
-our
I
tUma.
IK Tn?^Trfj*-^AK
r5f in
Its
floor,
s.
Vtftpcclircs States upon the Mine "W&jd
^.jpcctives states upon
30,10^4.
tHe
Secretary of the
P'^ISS to «mo«lof Ihcj Ireasur/ "Jh
•°I hold in mj hand, Mr. tcial
United States,
tiftade
The whole number of members allowed by the Constitution of the State of New Yoik to its Legislature, is onehnndred and twer^yeigl)t members ofAssemHIyand thirlv-t*vo Senators. The members of Afiembly are appor* tinned to the tVfly-five rounliegof the State
carding to their respective population* and the whole territory is divided into eight district? for the election of Senator?, eaeh district hnviog four, ai»d elecfing one of the four every year. The proceedings which I afh about to peesent, were passed tn the House of Assembly •Wy-u vote of one hundred and eighteen for, to.r.iiic against, and in the Senate by a vote of tWcntv-three for to five against them thus showing the very unusualoccurrence,that ofthe one hundred and sixty members elected by the peopl.! to that Legislature, one hundred and fifty-five were present and acting upon these interesting and important questions.
J!ul, sir, if litis unexampled strength and imnnimth' of expression bd entilled to weighf, mul it surely must be*, while aulhentic evidence •of public opinion id allowed an influence in
deli!»erations», that weight is greatly enI.4 fenced l»y thf peculiar circumstances.attend.f in« (he cxpft-ion. All these membersthe popular bram.il of that-Legislature,-and eight of the thirty-two Senators, were clected during tlje 6f»t we in November last, one fiill monllt. after the removal ofthe deputes,while th«f vbf^ •shows tliat more thsui thiitecn to one of thiCj m4wU«»«^^*pmbW voted for, wliile but one ©f the eiglit Senators, thus elected, voted iirain^t the resolutions, Still the strength of tilts vote, (alien as an expression of public opinion, will be much increased by an examt--imtion of territorial distribution.. r:' ]t is well known here, and throughout tKe, country that the extreme western district of the Siatc of New ¥ork, has been unhappily^ but most severe!) agitated, in comecf«cnce of tin outrage, several years since committed, against the liberty and probably upon the lite I of .a citizen. The effects of this outrage have been, not only (he engendering of the most bit-
It is, however, a source of high gnitittcatii on
rapidly
not c*pres#ionW complaint ar Jo a pecuniary pressure-hit# been heard, and fiom the best advices, 1 believe that, at this moment, its business relations of every description, are in as prosperous And easy a condition as they have «ver before been. '5ft to the west and north west, must we
look for
In
.-n-:
4
prewtiting the«»%
7-K'vv".XAArMd thfeScnHte a* icmows:
every vote against the
resolution, and to this section alone for eleven cut of the fourteen of these votes. The re* jiminiRg three lire, with one exception Senator not elected at the election of November last, hut in previous Years, and all are located •Moiid He reach of the present pressure deposites. The
the United States,) ard the extensive citits of Hudson! Albany^ Troy, Schenectady, and Utica, mh an almost endless number of iuf Derated
sot ith «lunrui! ic» and alacrity recording ,c
Oi i!ie B^mfcrrs oKilus Leeidaiutc, person- cheerfnlly
Volume
jmerchl, nay sir.
of .the Treasury j, in je^-trd to the devoted to Its welfare^ as ^iiy other egual r* thchiricr of the Bank of
the
IUC
same
ne-
mav
say
a"d
leave io present to the Senate, aiur other portion of the country, and -r in nroceetfe- ^,c ^vCSt^jiure °T collecting aod paying into the Kalional I te in which body expresses Us genii- Trcasui*y fait ooe*third of its whole reve-
LTr in reenrd to the rejnoyal, (as it is citfied) me*', a people havingas deep a «ttr»fce iu' moneys from theiyleposite in the Rink pecuniary or plherwile, In ttefproisperity
by older o{ the
oiT
bl,cn
of its existenceMul etiIccts w'ill enlti, motives for that txageration are to be ^cnr. In this section of the State, however,1 found primarily, in the belief that the present administration may be brought into disfavor with the people, and may be overthrown through the agency of the panic which is attempted to be gotten up, and
the
the agricultural, hot in the commercial ser-j ^t
these portions of the State embra-{Jw1
ring our great commercial emporium, (and 7t iT unnece^arv uPon the present ocwhich 1 think I may without arrogance .or pre- Pastexnerie^e,concurring facts, sumption, the commercial emporium of
inUhon e-ii^t'hu iureiftliousand souls, there was %ril»uted to the CJovtmnot foei S 4 iiimember of the bopulnr place in tte United Sfeite*»«wj r^ot of that L'C?tihire absent from lys seat,
l"en(f\
myi^ i.intoVak. »it-!«T
•t%a» i'K hrfd and their the! ™™ment-OT.„ .K.t
1eP*V uj-on!'.?«occaABM as the :rly tho one sixth part of the entire popula-
m..
of the Union: a population too, as com*I®8
morc
United States ^ostjon of its citizen? it is as the organ
nd in regard to the existing pressurc5fapon of g^th a body, representing such a peo.t|lc gjontji narket income portions A the cbao-H lev that I luBmit to the Senate (his part *trv wftft
views of the charaCtc§fand causes of their proceedings—that I ask to place o/ (hat prcssurejand in whielr^iikq* ihtit iegts- llheiralm^unanimous opinions as to the lalure expresses »t$ pleasure as to the course l.cptiduct of the President, of theSecretawhich the representatives of the State, tipon ry of the Treasury, and of the United this
shall pursue, when called to net tipoq States Bank, upon your file?, by the side fV'ti.' Sequestions. of similar expressions from the States of In presenting, a feiy days since, Uic procee- Ohio and New Jercfv, also by the side of %Jrgg of jimik-d porl i« n*o I' the people oll^ir jdifferentex preplans from portions of the
^SJMYECT*,
honor" hie Senators toak occasion,« no" d^ubt 4»rrtpt rlv, to inform Ihc Sennte of the m?mb*r, llwntclei and standing, political as well as ichm-ohI, of those whose sentiments .they laid tefore iw to tcfl us as well who they wore, as who tho*, were not. I beg the indulgence of the Senate while, following the example set me, I detail some relation to the body whose proceedings it has become my duty to Resent, tending to show the extent to which the proceedings themselves cla'tn the respectful attention of Congress. JM'
jewonaj, vi .m
W
before us to tefl us as well who they were, as the same subject and at this interesting Crisis in the aljairs of our common country, 1 respecttully solicit from the Senate that consideration for these proceedings of the
]c J?an,
Of the
Wis nune twvor of the resolutions Ofthe iWhun.irrd and tweaty-euht memberl composing! ^ts wW
I r,r of «.• WuUta«H It worthy ofj tbm remnikt.nt the city of New Yorlf a lone,elects proaonnce 7 jie attitude which^^ eleven, and that etety repmentatiye from that j* ^h*r*
clsy in mher bra.-ch of d« .ta(otowanU
roqimer-
cmployingmore cnpital, than
this country Iflftd firotiy
*«|4
ardently
people from IJoston and New Bedford, in Mastachusetts of Sailsbury, in North Carplir.a,and Newark, in New Jersey,and suchtither expressions of opinions as are.
as many come before the Senate upon
Legislature of my SUfte, which a liberal, just, and unprejudiced estimate of the views and feelings of any respectable portion of the citizens of the country may demand, and no more.
Here, sir, I might resume my seat, and I should do so with pleasure, were it not Chat a part of what I have felt to beau imperative, duly upon this occasion, remains to be performed.
In presenting the proc^edinffofai meeting of a portion of the town of Boston, the honorable Senator from oYlfassachusetfs availed himself, of the occasion to express his own views as to tHo existence of a public pressure, of its cause, and of the appiopHate mode of relief, lie went further, sir, nod called upon all, and especially those who sustain the administration upon this floor in relation to the change of the deposites, to give their views as to the future as \yelj as the present posture of the pecuniary affairs of the country. As i\n individual, and as one considering it one of
my
highest dulies to sustain-the administration in this measure, I am ready to respond to the Senator with entire frankness but in thus accepting his call I must not be understood for out moment, entertaining the vain impression that opinions and views pronounced by me here, or elsewhere, will acquire any importance because they are my opinions and my views. 1 khow well, sir, that my name carries not w4th4l%wrthorit^ any where, buf I also know that as far as I ,mav entertain and tmireicpregs optffloirh^ shall be fouud in accordance with the enlightened public opinion of this country, so far they will be sustained and no farther. •Following then, Mr. President, the example whiqh has,been set before me,I shall abstain from a discussioe of controvcVtcd
points,
to .myself to be able to state, as I trust i| wtl, ^c
ivounds which have^boen created by it, jn tne,
•oeH -M- «f fTIi:
be of pleasnro to all literal mindedi men to facilities but, at the same time, lea/n, that this unnatural waware of feelun8$ that these inconveniences have *s "most
subsidingr (hat U«octeep
so far as that can be done, and en
able me to state unieservedly my opinions, and to mako«my views intelligible. First, then, as to the fact of an existing nreslureupon the money market, 1 believe that the recent extensive nid sudden curtailment,by the Bank of the Lnited States, in the facilities for crcdit, which had before community, has iderable embarrassment :iuuiwv...w». al cities, who had
extendctj wjjc]y
an
their moneyed operations,
t|)en)seives
re£lj^ Qr conSequentially,
'her
Clles
edinectiofiof the State, &re healing jjeve, further, that the extc that the time is not distant, when the ev.deoee are
thnl tUe timo is not distant, when the f'"Jf "015
of
Thirdly,
dependent
imp0itant degree, either di-
extended to o-
s. ]J therefore be-
iievB, iui int., «.»v v,,^ extent of the pros-
?ore
f,„3^gmuly
execrated, and that
t{y CXjtg,
secondarily, in the hope that the sar^e panic, if successfully produced,
the interests of the institution by ivhich it has been and
is
to be
raised.
Secondly,
as to the
immediate
pressure, I concur fully with
tbr from
Massachusetts,
casion. Past experience,concu,....u. and ihe nature of the change bine to demonstrate_th«t would not, necessarily, j)onora^C.IK I concur nlso with tne no«i*»
ca5,on'
TC
A'"V"
tie evidence of the" capa^itv and res-! ®ven J® Ka?^n duS:ilv lity of the ihdi vidua Is. Is the ofgani
does
may
subserve
causeot
opinion
nil com-
heretofore occupied
each
rela^,ve
acts which have foiw*^
fn
other,aud to the
#LfE»wcd that change.
existing
tca
arc
V" present existing
States
State Banks is hmbmn cheerfully
jLj5iiclrf/lJI'tjustify,
adt
which
have
nSSr*'or
f'^^wt sf e^hcr the GoLeks to tatUt^ic, 1 deny,
1
*!OT"*®d
1__* I ,'ii if
ca| agents of,the governtreot, had extended thc:,r loans many millions and to the utmost limits nuthohzgd by iho pubHcdeposit es in the% vautto. It neither shown ncr pretended (hat the oilier State Banks have ciirtaited their Joans in-eonsequenee of the depoliles, except when the curtailments by the Bank of the United States and its branches have compelled them to do so. We have, however, record evidence from itself that the Bunk of the Ignited States has curtailed its lo$ns, since the first day of August last, and up to the first cfay of Decembei last, to the enor moos amount of §9,G9?,0G0 and all this curtailment has taken place in the entire absence of any revulsion in trade, of any scarcity in the country, or any other peculiar cause of embarassment existing, or anticipated. We need not then grope in the field of speculation for the cause ofthe present pressure. It stands before us recorded in letters and figures which cannot lie, and which leave us without excuse for misunderstanding, or for affectjpg to misunderstand it,
promising, to be sure, but constitutional opposition to the renewal of the charier of the Bank. That for these constitutional and legal acts, it has pleased the Bank to wreak its vengeance upon the community, I neither allege nor believe: That tht Sta(e Banks have made the slightest hps7 tile movement against it, neither is nor can be pretended, What (hen is the motive for thi.n rapid curtailment? I have not the slightest doubt, Mr. President, that in the language of the resolutions I hold in mj hand, it is to be found, and found only, in an attempt of (he Bank
credit to the candor of the Senator. For myself. 1 thank him, and the country will thank him also. It is time, Mr. President, high time, that things should be called by their righfcnames in relation to (he
depending
the
that it is an
to attribute it to the mere fact ol tn
reasons
he
are
sufhcierU.
bc arnpnfied
and
enforced,
r"
TE»«B-HA!!TE, ISBIASA, SAII.KDAI, SARCH t?(S34.
as totho motives for this con
duct on the part.of the Batik, I have already said,l deny (hat a justifiable one is to be found cither in the conduct of the Government, of of the State flanks towards it and I repeat the assertion. Whether or not this curtailment of its business has been rendered necessary on the part of the Bank in consequence of former mismanagement, I need not inquire, inasmuch as the Bank itself, »nd all its friends and supporters, here and elsewhere, most strenuously deny that Its present condition furnishes any necessity for increased means. I have looked carefully into the instructions originally given by the Secretary of the Treasury to the State Bank?, in relation to the course to be pursued by them towards the Bank of the United States audi find there nothing to warrant an apprehension that any disposition existed on the part of the Government to injure the Bank, or to embarrass it in the prosecution of its lawful business. 1 have examined, with equal care, Ihe instructions given in regard to the transfer drafts, and the circumstances under which they were to be, and were in fact used. And these acts ofthe Government taken in connection, with the large amount of money still left in the Bank, and which upon a different supposition, would assuredly have been also wi^. drawn,I hold to furnish undeniable evidence that no disposition was entertained or manifested on the part of the Government to wrong this institution. The only design evinced was to ex^cteo a, legal, right, reserved by the "Charter, to changelj^k^^^^ ot it* ttfc (1 t'pO^TTT^ nnu nrxrrntmTnr^mr unCOm- public men, will justify me III the confident c?
,sat
nu.ch,for
a time of
"general prosperity to produce pecuniary distress and alarm, and in exercising "its power wilh a view to extort a renew"al of its charter from the fears of the pco--pie." So
the
Pr«mrc«nd,
causes of it. w.,"•». in** I will now consider the remedy for the evil which the Senator proposes. Leaving the discussion of every (hing Constitutional, political, and expedient, the Senator, with jiis usual tact, goes directly to the matter in hand and with the utmost confidence he tells us (hat the remedy is not to be found in the restoration of the deposites, but in the re-charter of the piesent bank. Whatever else may he said of this avowal, it must,at least, be admitted, that it
the
controversy that the veil with
which it has hitherto been attempted to disguise the subject, should be torn off, and thai the people should know what is the question which is, in fact, occupying the attention of Congress. This being done by the declaration of fhe Senator, there is reason to hope that we may hereafter Be, we have not heretofore been, aided by contributions of public sentiment, so far as the-Senate may think proper to allow inftncnct's of that sort to enter into its delihesations. And, sir, I venture the prediction that if the expreisioas now upon our tiles, or those which shall hereafter be placed there, as evidences of public sentiment, shall be efamined, it frill appear that the good sen§c and ingenuity of the Senator in devisillg this remedy, har only placed him upon a fete! with the common opinion of the whole community, as to the real fSestioQ in dispute: that eFery paper favoring the views of the opponents of the «dministration, has and will, expressly or imph edly, recognise the fact that the qoes*^n before the public "Bank, or no ^nk.^and thatthe jreal issue has that directioo, not the disposition of the gover% ment depusites. A petition for ie-Charter In a mere matter of form which can at any umefee brought forwards A few d*y«, o»fc even aiew hours are sufficient for that object, and we ought not to permit ourselves
T"
4nade to assutne the pUce and importance of the real issue. Bat, Mr. President, while highly approve of the open and m&nly ground taken by the Senator from Massachusetts, I differ fr#m him
ioto
cre/o, as to the remedy he
proposes. There is no inducements which can prevail upon roe to vote for the. rech&rier of the bank of the U.„ States. I would oppciig this bank upon the ground of its flagrant violations of the high trosts confided to it but piy objections are of a deeper ahd graver character. I go against this bank, and against any and every bank to be incorporated by Congress, whether to be located at Philadelphia or N. liork, or any whereel&e within the t*v4nty-fc»ur independent States which compose this confederacy,upon the broad ground which admits not of compromise, that Congress has not the power, by the Constitution, to incorporate such a bank.
I may be oYcr-snngnine, Mr. President, but I do most firmlyJjelieve that, in addition to tho invaluable services already rendered to his country by the Prerident of Ihe Ur S., he is, under Providence, destined still to render hfcr a greater tban all, by b^«g mainly instrumental in restoring, the Constitution* of tho country to what it was intended be by those who fqrraed it, and to what it wao understood to be by the people who adopted it. In relieving that #acred instrument from th^so constructive and implied additions under wiich Congress has claimed the right to place beywnd the reach of the people, and without responsibility, a moneyed power, not mt-rely dang#ous to public libertj*. but of a character so f^roridable as to set itself in open array against, and to attempt to over-rule, the government of the country. I believe the high destiny is yet in store for thnt venerable ronn, of disproving tje exalted cojnpliment long since paid him by the great Apostle of Republicanism, "that he had already filled the measure of bis country's glory," and that he is yet to accomplish, what neither Thomas Jefferson and his illustrious successor could accomplish, by adding to the proof which he has so largely contributed to afford, that his country is invincible in arms, the consolatory fact that there is, at least, one spot upon earth where written Constitutions are rigidly I lenow, sir, that this work which the President has undertaken, and upon the success which lie has, with his usual moral courage, -slaked the hard earned fruits of a glorious life, js full of difficulty. I know well that it will put the fortitude and patriotism of his countrymen to the severest test but I am happy «ko tq know that he has, in this instance, as heretofore, put hirfuelf upon the fortitude and patriotism of a people who have nfcver yet fhiled him, or any man who was himself faithful to his country in the hour of peril.
Of the course which the State which I have the honor in part to represent here, will take in this great contest, it become*me,forming so humble a part of its voice in the councils of the nation, and known^mly by the favors 1 have received at its hams, to speak with grent diffidence. In the resolutions I now lay before the Spnate, it hanspoken for itself upon most of the points involved. 'As to -the others, feel that toy ltaowle8PiW%«n^r«ol«rof its people, and
pressjon of t?n opinion that the State will sustain the Executive to the utmost in this contror versy and that I may sny to those who are, and Jong have been, desirous to restore the Constitution, in this regard, to its true reading, "now's the day and now's the hour" for its accomplishment. At all events, I have the right to say, that I will place myself by the side of tho President, to the full extent of the views I have given, and that I desire to stand or fall with qiy constituents, as they shall determine the result.
I have thus responded, and I hope the Senator from Massachusetts will allow fully, to so much of his appeal. I will goon sir, and cover the whole ground. Helms asked, if you will neither re-charter Ihe present bank nor establish new one, what will yon do? To an individual, sir, and speaking for myself only, I »ny I will sustain the Executive branch of tho government, by all the legal means in my power, in the effort now mnking to substitute the slate banks instead of tho bank of the U. States, as the fiscal agent of the government. I believe they are fully competent to the object. I am wholly unmoved by the alarms which have been sounded, either, as to their insecurity, or influence, or any other danger to |MJ apprehended from their employment. I hold the steps so far taken in furtherance of this object, well warranted by the Constitution and laws of the land, and 1 believe that the honor and best interests of the conn try imperiously require thaj they should he fully sustained by tbe people^ nnj! by their representaiv he re
That (hese riew* are coircct, it is not of course ray intention, at this time, to show. In some stage of the debate upon this great subject, hope to be able, without trespassing upon tha superior claims of others, to have thnt opportu^ tiity.
We Jjave been told, ami told emphatically, that things cannot remain as the are} that the powers now Vetted in and exercwed by the Secretary of the Treasury, ere tod broad, and that legislative aid it required. If I have not nisanderstood the import of remark*, it also been told to' u& that such aid will be wuLheid. To this, I for tho present only answer, that things are now, in this respeit, precisely as'they werw before the iti rporation of the refent bank: that the same owprs which tbe-v
Treasury then bad,
gislate ia either aaso, it
i,retary
be
of the
ha* still Chat Uf the
change «t" the df posites from tbe liable of the United Status, the Exrr«t}v*departmiiu of the govrrnmeni has
Ik e»
being to ta*pesd their operation, until the Seeof tbe Treason fi^uld .S'nlerapd direct m«st .be upadu bere tl^an ia tbe faults of tbfct bank. I furt:./ar stalf*. as opm^Mt of tbe law, tbat by act of 1 tary the TrMftiery ordering a ci-nii/r of tbe deposit and by ,»b«t act oniy,.th »»i power of Con,, o*«r.41« wbofcsut^ec^:) been restored. ,IAittn,tlW flirapn of tb« erret.i«f ars too '!ayr.n
n.(
broad, tba.. law now stasd#, it is ihe duty o/ ...i to reurict tkn ssbile, if tkspww*,^',,^^ of |be G^seotivs branch of
eatiag of all need All orders, r«I«f, and refalaUons, for tbe mfe keeping and «cMRf«ateot manniettsst at tbe public aoMfli tt is eqerall^tbe daty «f Coagje»s to
legislate farther apon tbe
sabjeot. And whether Congrw do of
a
asatter
H*. 33.
give to this eSfitt of the govemmeot. to tciike tfcg state bank? out
fiscal ageftt
for
the snfei keeping
and oonvenient rtU?bursewea* of the public too ney«, a
full support ami fai| cxpyiraetil, an^r ^ffort, come fram wWt quarter it tnajf, to rctern to a fajirit money currency,*so far as that cno, b» doaeby^tbe' pp«r«tion»of ^ie Federal governmeat, and ^onsiiteutly with tho subetantialin* tetests 6f the country, siiall receive froln m% cordial aod firicero support Wfd no one wowd more heartily rejoice tban iMseif, to moet with propositi's whichtcould render such an effort ia any degree practicable.
Still we are told by the Senator from Massachusetts, that tbinge
cannot
remain as tliey ait
that unless something, which according to his vietts of tba suftjecf, would afford relief,te donev the pressure,
the
distre?s, and the agitation, will
continue. I have already stated, the source" .from which, a ml from which alSnr, in my judg ment tbe present pressure proceeds. I have stat od, also, without reserve, the object whichf is", in* my opinion, intended to, be accomplished by it. Of the correctness of my conclusions, the Senate and tho country must judge. If they a?e, a#5 I believe them to be, well founded, it is undoubtedly in the power of the bank to continue (hepressure, and consequently the agitation of the pnblic mind, to some extent, so iong as it fhal) think it to be for its interest, and not incompatible with its safety to do so. It is not for me
speak as with a knowledge of its intentions in this respect, and the Senator from Massachusetts disclaims all information upon the point. »1 can, therefore, only state my opinion and it i?,thKt (ho bank
has
ing accomplished, but upon the most stern ucce,jp sity. VefJ Mr. President, I trust in God that that necessity will soon,
ment
and
very soon, be made manifest,
by the attitude which the nation will assume towards this daring and dangerous institution.—Tho glorious American Revolution was bat resistance to moneyed power, without thoeonscnt, and beyond the reach, of the people of this country. To this OUT fathers opposed a -stern AND uncompromising resistance. Appeals were made to their fears. Distress in •heir pecupiary affnin, were pictured to them iu colors to have deterred' any but the pure spirit of patriotism and love of liberty which led them forward. Then the pictures were not imaginary but renl, the distresses were not fancy but fuct. Tho country was not then strong and rich, and prosperous but weak, and poor, and disheartened and still their march was onward. They armed themselves upon the side of their country,
and stood by their govern
when their hard and perilous services
were paid in paper, worth a fortieth or sixtieth part of its nominal value, tho representative of the dollar was the dollar to them, for it gave liberty to tbe people, and freed thorn from the rule of avarice. And have we, their immediate descendants, so soon lost their noble spirit! Are we to. fold our arms and obey the dictate* of a moneyed power, not removed from our soil, and wielded by stronger hands, but taking root among us a power spoken into existence by our breath, find dependent upon that breath -for life and being? Are our fears, our nvnrice, our selfish and base passions to be appeulcd to, and to compel us to re-create this power, when we are told that the circulation of tho country is in it* hands? That the institutions established by all the independent states of tive confederacy are subject to its control, and exjstyuly by its clci«e4tsy
When
wo see it sotting itsci «»f» ogjunst
the government and vaunting it« power? Throwing from its doors our representatives placed at its board, and pronouncing them unskilful, ungenteel, or incorigible? Nay, Mr. President, when it lays upon otir tables iu this ohambef, its annunciation to the public, classing the
dent of the
U.
tion has
been
Presi
States with counterfeiters
and
lons, and declaring, that as kindred subjects, both should receive lik,e treatment at its hrjnds? I say, sir are we to be driven by our fears to rechartcr such an institution, with such evidences of its power, and of its dispositl.qn to use that power, laying before us autbpntioated by tbe bank itself? Aro wo to do this
or to ask from the people what, untijerery0Her riment bc fairly and Tt&iy trfed,tliey wiWn#power to fistablish
1
ver grant, bank On
re-t'-rt-.! to tbe ronirol pttte
tl»e places for tb« safe keeping of the piili« a»oneys, which it had by Inw before tbet money* were deposited with that Institution und tbat alljbe law formerly ewstine upon ib# iabject is now in full force ami wljplly Unaltered, the only effect o^tho proviso* if the ©barter of lb* bank
thr iT.tt
IJ.irl,#'tn
.—antl Sir Tbe
his beUv.' «.s f.re» WhiSr ltl« Si»2'i «"h»i iU ri»i o'.h •. -weitfi. ''av r.n
tfw govtrnibent are gmnstrr f~ neimlUudinjtCh
»deqnate to tfcw aialuaf ami JS5f Jll Zm
pore
da
le
wboUy i*-
hrsan its laaiiww M»i! ttoir Mtstitasati^jbr wltsais tbeSMaatacyoTtlio TrMty is in BO wa re»f»mitjb!e.
But. Mr. PraMdcut, whtl* I aai prepared to
fe
after the ques
referred to the people of the c»an-
try, fully argued before them, and their decision pronounced against the bank, and in favor of the President, by a majority soch as has nev«*r before in this government marked the result of *a contest at the ballot boxes? I
Gentlemen talk of revolutions in progress When this actlon'shall take place in the Amen can Congress, then indeed will a revolution have been accomplished then will your Constitution have been yielded up ro fear and favor, and your legislation be the tic nolo, iricjubio, of a bank.—But, Mr. President, I do not distress myself with any such forebodings, I know the crisis wilji W# trying, and I know too, that the spirit and patriotism of tbe people will be equal to l&e trial. As I read tho indications of public? opinion, I scecjearly that the true question is understood^ by the country and- that it is assuming an Attitude towards the bank which the opcasioa Palis' for. Be assured, sir, whatever nice distinctions aisijr be drawn hero as to the influence, whjch ex* pressions of the popular .will upon each a' sub-, ject are entitled to from us, it is possible for that will to assume a constitutional shape which tho Senate cannot misunderstand, and understanding, wilt not unwisely resist. The country, Mr. President, bat approved of the coupe of tho Executive, in his attempts to relieve ns from the corrupt and corrupting power and iufiuenoe of a National bank, and it will sustain him in the experiment now making po substitute the state Institutions for sach a fiscal agent. I hajre the ful* lest confidence in the ultimate and complete aoecos* of the trial, iut should it not prove satis* factory to tbe country, it will then be time enoti, to resort to the conceded powersofCongress,
A
rrwel
Rational
.. Vliv«r me i:. wo —. f'V», fitft ]i ray ]W«'*m|SlMS apONM kiseed
ai»» pardoned
TEA CM* TOH.
nnarffe'fflil tlilMk ta fcaw wslk
THE MUSE.
MY WlfS.
plkm thy head upon tbii hearty My own. my cherislwd wit«| .And Itt as foronehogr1br£e|
Our dreary path of life. T§en
fctme kiss thy tears awajs*..„! And bid reraeo^bnace flee Barb fa thenars oftulcyon youth*
Wbta all ma hope and ftlae.
rwirt^ early promise, love^ Of oar j«H*fr^ighted barque! I ^•Sunlit and lutlroe.% too,th8»kiB|
JVow
bUho
to
not entered upon this bold mea
sure without the deepest consideration, aruT tbat it will not abandon it, the dewgn not
be
dint
and dark^ •.
Over ^storajy Ma^ear wiH. W drove with shattered hil,'», But lore »Us*trnliBg«uhs helm,
A ad mocks the threat'niaggkle.
Cbiwlfletrtie part these rlatterii% carlt^ And g»*c
upon thy /brow—
Haw many. Baay n)emorier Sweep so^ri»yjipJrifs
Of refage for thy,love? v, The poor man's hlessing and his Curse Pertaia alike to me For, shorn of wrorldly wealth, dear
A|U I notrjehin thee?
Til 13 PAItTtNG.* ». Ob! Is it thus we part, A\il thds we say farewell,
^Cdt. TlnUcfitt, tbe pedestrian, arrived at Newtek, wliere he is about to lecture, on Thurs* day last. 'The Cbfond bat an engagement to walk 4(HJ miles, Between New York and Philadelphia, this week, living mean-t^Mo on raw whfnt. ,-,-.1
By the by, Ba« *®id
111
pr«»luf,ing
retard, «that
TOSf'tiiMurytiie C'»'
it
i: ...
dcaltM
ttfQ'rr
Thotn «0o'iit. '.f Beiton. wlw had cspttd with bis tinsteaOiSK in Ihe attempt jvstore Ricbafd ft. to in the year 1400.
9 retro ns nicnara 11. H«4rs»b»jpd. ««ts r»er» of £n||hied
|.:,i :V hataef -*m}t« wngmtdm to kt oo a il» wtiofter oasae with a tttor i« 5"-'
IweU
Mosw--tfIr Tifujle,mi&m
«i t- •«tg hioi to pardon «*U*. h«
do (i :il"
rcTsatUptry.M" tJTbe rdon
Extrci*ts—At
ttim hi»
icaiti«s«r tbea k#Hlt down aod opeaed it b- '.. and thraw tbr« mto tbe dyn«r, o«*4Mn-fMiKb«Ri. .ibaflaii. ir»,uit.a|ff! •»«*. s^ niatio E«S a master who
Ctouat
"Te Dram faMsdaases! Blessed be die •.:»! biMied be tbw £»y. jbr (l, »o/e^r«a lonJ^the »obl« na« tooa
«h,rhIwa«!K.rn.
mWcf
cat
£.—Jfe otW tiwae to
it*" mnai*y»
a
iike ibe Waa—it"* to# swisy. Bo«*t lilt wagjeg with at aiiiiie
mates ogeyrf- Cm
o*»—tooTwtiry. D,»lilte a wvHtea aemiea—tee pnsb«a««r osm
*r*»
Li-
*tbe «a«e thing. loa't li&a
RmHlN'l know what»
pemim$.
Don
S-
nowf
How much of happiness and grief--* HoW much of hope Had fearBreathe front each dear-lo«ed liaeameaV os el he re
Thou geade oBe, few jqyH reanin To cheer durtoaely lot? The storm has l«fttur paradise
With but oae sunny spQJU Hallow'd f^r'eer.wdl be ihntpUc^ «fo hearts like thine and mine* *.• 'Us where our childish hands
apreared
Affiwlioo't earliest shrine.
Then nestle closer to this breast. My "fond apcl laithful dove! Wliere, if wot here, should be th# *r^
4
v* As if iu neitherheart Afferlioiv e'er did dwell $ And is it thus we tunder
Withoutor slgli or tear,
-1'""
4
A* if it were a wonder We e'er held other dearf
We )*rt upon the spot, With cold and clouded brow,' .'* Where first it was our ftft 5
To hifathe love's fondest vow! The vow btfth then did tender
Within this hallowed shade—
Th«t
vow, we now surrender,
T' Hcurt-bankruiU
both are niadef"
Thv hand is cold tt'mtW, As lusterless thine eye
4k Thv boroin gives no siga
4
That *t could ever sigh!. Well, well!
adieu's soon spotcq^
'Tis
but
a
pnrting
phrase,
yetseid.il fear, heart-broken J".Wcllliveolir after days I
Thine eye no (nnrwill shedf» Mine is proudly dry J,
1
But msay an aching head 1 Is ottrs tfefore we diet From
pride we
both can bOrrotf
To part we both may dure—Hut the heart-break of to-morrow, J^oryou nor I ennbear!
Tbcro" ore some ppoplo in this world always ju?t half an hoar behind hand. If they firo to go^ journey, ihejr tire |»alf ua hour behind hand, "ftnd the steamboat fs gonq, anil they are left. If-4. tticy are to meet an appointment,they are aliyaya halfnn hour too Intcs. Their fjinners are alwaya half an hour after time. The^arcupand dressed just half an hour after eyary body. They take medicine just half an hour too tat® and are sori-' ously ill iu consequent*. If tho small pox isfagingthey vaccinate their children j^*t half an hoar too late. A carriage is not sent to be mended^ till thfiowner hns broken lifl lin^b, because to waff half aftvhonrtoo late, tn short, tbiiclw%pf„ unhappy people are struggling all their lives to overt* 1& this hhlf an hour, whiob lnjs got ahead #f them, but they struggle in vain.' The halfhour is never oyertaken. They are always too late—alilayi half an hour behind hantj—and they go to their graves prematurely, by just tho half hour whioh ,they have beerf" in pursuit from ttwa day of their birth'. _s
"O. P. Q.Tl thus describes tho condition of tho French Government: A band of misguided and misguiding men, stirround the throne-»*weftr that black If white—^declare tbat the marofi of (iovemMrnt is popular—- represent tho republicans as a ^MiiMnlfut^f fractious men," and counsel .,•« the Tlead of the §tate to persevere in botto bis for« j|igo ftnd domestic system.
good thing, the otricf
ifeiy. Onm of oiir neighbors was complaining that'tho (Joloiel had walked of wltbdnt paying bis bill, whew Bass observed those were the only occasions that he seemed unwilling to ''foot itJ
Ueet twoh^
tatjyien
tbev themselves attribute to wounded »fffci*)ir, wfiile the iil'flatut~d*wt it down to the tffe^s sfwwndd vanity. &em*lhiftgof both (eeliags. i"»y perhaps, «"«*»«, but w#a« loth to twrcn ^oo profoundly
atwaj
mlo otttses, whose efi'ecls are at Wteraerse*, thoagb they ma* not efway The (port pMafot and
whose eflecls are at wm «««eriag
win eiwrl
woman «, when »he ha» ~d'ttetrr*rtd
yet has too
mach uride
ing to. tha
«teraer sex, thoagh U»ey mav not eways be^, he on ifea aiwrhored ret has too mnch
l"whom
heWeofa whom
ia the open air. JVhm tl» wwtlw «si^-^ to p«wit thedf^liae to go rfiroad, Mr- Aberoethy advys tha windows to bethro* "ooveoieot werdw, psdbape tba best. Riding
km fi^sndlring up ami k»*B die apartmaattofl
aad.lo tha beajjtof and tm bortebeek, etperwUvJ who aretbreateaed w»t» been hinrhty extolled br Br.P,
off, aad be
Ho
IWJI oa Sundays- -^»D Ust nighi at
mtend
a
aarwM "&rlf< Start life*
Tha jfcdeton ofthe iituMrrtd at Bo»*. •ereril baodred
bare waewpoee
aer
emktmr. A
«/»n»
Iadaf^doa'ttito*nuifec»- llway» •oaMfdhtamp.
terward*
M( a aafi^ooa IIIMWUPV w- siaa of «if»saj T**? EMIJmitpds whasr adwrdlj
ISMWI
akpd last dby« to tba pabfrf.
-A-t
Wlb,
ihe
is deieieat
ia intellect,
end
or too httl^jo*^ t6 *"PP die
itfamff by atteadrag her coital^ rf. SS,04„"*7. ed at
the ^.ght be foe herself.
site love# ami would wveand whose deftrwttoa toguiphs would ail feer}ji i.. v'
Hw dyspsftk, aad «o tiwHw roriromplive compljunts, haa lyMCiaae, and wilh jastice
as aasefnl
Md Mrteea^e exercise- W«w www «r taking IL ^mortowtK»« after aaseat, wbea digestion ^TbHi when &a aatriUoas chyle has tiered tteSiXTiSXaiai W/ (mU «frarf«d aed in vigor a ted.
Asd.bss.Ww irbed foe
wetajlhaa OXMM be m^ati *io!Se iii4»{fta
axpaaed
4K,
flw*
ra-Mtmihed witb tad 0*#»v:f
