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Sperch of Mr. IIiu?!ia!:i, oC
A r.now Roc k, July 2Hd, 1-10.
To the Editor of the Times:
Dear Sir At our earnest solicitation Mr
Gf.o.C. Bint.ham, has consented to furnish us with:
a copy of his very appropriate re,ilv to Tr. Gf:o.
Penn, on yesterday ; believing it to he oAtuch a
character as will give credit to its author, and pro
mote the Whig jouso generally, and in this county
especially, we think you, with ourselves, will con
sider it worthy of an insertion in your valuable
Very rcspi-clfullv. your ob't servants,
E'. C. M'C; ITTY.
WJ1. W. F1NI.KY.
RICHARD P. SHELBY,
Fellow Citizens : From the ncre circumstance
of my rising to address you from this stand, I pre
sume yon will not infer that I am an aristocrat, or
desire in other respects to elevnte myself above the
people for 1 rejoice that I am in the presence
of men, who have known me, even from my child
hood, to the present time, and who can testify,
whether the circumstances with which I have ever
been surround'rtlshjre such, as would foster in any
bosom the odious ladings of an aristocrat.
I am one of the people. And as such only T ad
dress you. and venture to reply, as well as my ca
pacity will permit, to the remarks of the honorable
gentleman who preceded me in the forenoon.
It was thought to have bnPii his only object in the
commencement of his speech, to set before you in
a proper light bis own conduct, in relation to an
executive nomination, on which he was calb-d to
act, during tho last session of the legislature ; and
to vindicate himself from the charge of proscription,
which might be based upon a report that had
been published, or part of a speech which he deliv
ered upon that occasion.
Availing himself, however, of the fuvorable op
portunity which presented itself, he soon branched
out into a political discussion, embracingjho prom
inent topics, upon which th" two grcnr&5wies of
the Union, are at present divided. It will beultcrly
out of my power, gentlemen, owing to the manner
in which he delivered his speech, to follow him
regularly through the whole course of his remarks;
but as4tjey were, towards the conclusion, particu
larly directed against the poiicy of a national
bank, we will, after a few preliminary observa
tions, (without entering into a discussion at present
with regard either to the expediency or consti
tutionality of such an institution) direct your atten
tion to its substitute, the Independent Treasury
Bill, which has at length been forced upon us, (how.
we will not stop to enquire) by the present admin
istrators of our government.
The last eight or nine years, if we mistake not.
is destined to form a great epoch in the history of
our country ; and stand as a beacon, to warn poster
ity against the errors, into which wo have suffered
ourselves to be carried an epoch, which will
long be referred to, asa still farther exemplification,
of the truth of tho old adage, that it is best to "let
well enough alone."
Its commencement found us in prosperity Agri
culture was flourishing Commerce was flourish
ing Manufactories were flourishing all our va
rious interests were moving forward, in harmony
and concert; and wo had a currency which stood
without a rival in the world a National Bunk,
whose notes were at par, in every corner of the
Union, and circulated freely throughout the civil
But in looking around upon our country, and
viewing especially the present state of our cur
rency, who will not say, that wo are now like Hit
man in the parable, whose last state was worse
than the first 1
We ere willing to admit, that when G en. Jackson
came into power, he found some errors, which re
quired correction, but though he inav have driven
out the one "devil," with which we were then pos
sessed, and swept and garnished the house, do we
not now find seven worse "devils," occupying ihe
place of the one which ho removed, and more filth
and corruption in the house than ever! We think
a very slight investigation, will be sufficient to con
vince us that sucn is the tuct.
We find our agricultural, commercial, and man
ufacturing interests prostrated. We find ourselves
in possession of a currency of bank notes and
shin-plasters for the people,- while that better cur
rency, which was so freely promised to all, has
been raked up, and reserved tor llie exclusive bene
fit of the office-holders. Bunk notes, and shin-
plasters, it seems, are considered good enough for
ihe common people, tor the turmers ami me me
chanics, and they may take them or nuthiusr ; while
those who have fattened upon tho spoils oi ollice,
have grown too fastidious, forsooth! to relish any
thins but cold and silver.
But, thank Heaven ! the people are beginning to
wake up, and to inquire into the origin ot such a
btate of affairs. No limger blinded by delusive
promises, thev are determined to Iruco the dis
tresses, which thev sen and feel, to their legiti
mate authors : and hold them accountable for the
evils, which they have conspired to produce.
All reflecting men, agreo in attributing these
evils, or a majority of them at least, to the de.
rangements which exist in the finances of the
country. And these dnrungements, we think, may
satisfactorily be traced, to the removal of the pub
lie deoosite, from tho late U. S. Bank, and ihe en
courogement, which was subsequently given, tu the
iState instiutious, to use the public funds, as a nasi
upon which to extend their facilities, and enlarge
In consequence of the extraordinary issues,
which they were thus iniiiiceci to make, Ironi a mi!
ficiency for all the purposes of trade, money, we
recollect, suddenly became superabundant. Men
indeed, scarcely knew what to do with it. They
were every where intoxicated, uy visionsot weultli
with which their excited imaginations teemed.
The spirit of speculation and extruvoganeo reigned
triumphant; and tho financial skill, and foresight
nf the President, was lauded lo the skies Anil
then it was. that our honorable Senator, Cut. Ben
ion. taking uu the notes of adulation, wafted from
the Globe and other kindred prints ; and, warmed
as ho thought, by the fire of inspiration, proclaimed
to the people or the South, and West, tout me wa
lers ot their respective rivers, the .Missouri an
the Mississippi, would, under the influence of Ih
"Magician's" wand, ho converted into streams of
running cold ; which, reversion the ordinary rour
of nature, would flow upwards, until the who I
country, even to the heads of the creeks, and sprin
branchos, would fairly glow, with the profusion of
the precious metal.--And so confident was he, of
the fulfilment of his prophecy, tint hu called upon
In "n irrmic constituents, tho tarmsrs ot iuis
'-.rm" ..ol, --ivit lorf
11 Y YKIfi . CAI1Y.
nure, to be used, we may suppose, like fishing
nets, to scoot) up his "yellow boys," as they rnme
paddling, like crabs and lobsters, up our rivers, our
creeks, and our spring branches.
Well, gentlemen, some few of them believed him,
and like the followers of Jo. Smith, they stick to
him yet, and like good souls, attribute their disap
pointment, more to their own wnnt of faith, than
to Ihe want or ability, in tho "little Magician," to
perforin the predicted miracle.
But the clear sighted and rational of all pnrties,
regarded the prediction as a mere hoax, a "gold
humbug ;" and it is only occasionally, that we now
come across one of lhoe gold expectants, fishing
for hard money, and though hn exhibits nil the pa
tience becoming such a pursuit, the only bite, or
even nibble, which ho can get, from anything in
the name of money, is from an occasional stray five
dollar Illinois bill ; and even these, like angels
visits, are becoming "few, and far between."
At its first presentation, he affects disgust, but
when informed that he can get nothing else,
he concludes he had as well pocket it, consoling
himself with tho wise reflection, that, even rye
bread, is better far. than actual starvation.
But. I am aware of tho fact gentlemen, that many
of the friends of the present administration, deny,
that ihe removal of the depositee, or the destruc
tion of the U. S. Bank, hud any agency in produc
ing tho present state of confusion, in which our
currency js involved. Shifting the responsibility
from their own shoulders, they lay it nil upon th
people. They alone, it seem", are lo bliniio. It i
their ovcr'rnding their extravagance thdr nge
for speculation, which has brought upon them th.'
evils of which they complain. Well, now, won:?!
it be any thing more thun reasonable, to ns); these
gentlemen how people c in overtrade, unless they
have ,!,e means of doing it ! And wit! thev nut
confess, that it is tho natural tendency of a super
abundance of money, to produce ex'nvignricff. over
trading, and a thirst for speculation 1 And .to we
not nil know, that it was th policy winch the g v-
ernment adopted, in the special deposite system.
which deluged our country, as it were, with bank
paper, and furnished the means of speculation to
every individual alio would ask them ! We do
know it. Wo know that, soon after the federal
executive vetoed the law of Congress, continuing
the charter of the Notional Bank, a vast number of
additional State institutions sprung up, for the
avowed purpose of filling the vacuum, which would
be produced, by the destruction of the U. S. Bank.
And gentlemen, we all recollect something "f a
circular, issued by the Secretary of the Treasury,
to those State banks, which were then the peculiar
favorites of the government, informing them, that
Ihe public funds were not placed in their charge lo
remain idle and unemployed in their vaults ; (such
an unnatural disposition of them, he indeed de
nounced, as being contrary to the genius ot our in
stitutions) lie hoped, therefore, that the additional
credit they would receive, from the circumstance
of their being the depositories of the national
purse, would enab'e them to extend their circula
tion, supply the demand for currency, and grant
every possible facility, o trndeand commerce.
Well, gentlemen, these btate banks acted upon
this gracious hint of the Secretary of the Treasury.
They did extend their circulation, and grant facili
ties, with an unparolled liberality ! And then
what glorious swimming times we had ! It was
tho only period I ever knew, in which men did not
peak of the "hard times," and the period above
II others distinguished for the multitude of broad
grins, and the scarcity of long faces. And how the
friends of the administration nt that time, ridi
culed the panic making Whigs! With what exul
tation did they point to the sudden prosperity with
which they were inflated, and tauntingly exclaim,
vv hero now is the great necessity for your so much
talked of National bank! All those things gen
tlemen, are yet in our memories, fresh as the record
of yesterday !
And Gen. Juchson Inmscif. in his subsequent
messoges to Congress, congratulating the country
upon the success of ihe great experiment, remarked,
that experience had demonstrated the utter fallacy
of the nolion, that a National Bank was nrressury
asa Unci agent of the government; and that by
the use of State banks as a substitute, the business
of exchange, both foreign and domestic, had not
only been conducted with convenience, but that the
circulating medium of the country had been greatly
Well, gentlemen, if the administration at that
period, deserved the credit, which they claimed, for
the artificial prosperity which resulted from their
policy, should not the subsequent reaction, which
followed as necessarily, as Ihe ebbing succeeds the
flovvingof the tide, be attributed to lhat same policy
also! Most undoubtedly it should ! They did not
in the midst of their sudden prosperity, disclaim
the credit which was given to them ! Oh no! The
praise was so palatable they could nt retect it!
They eitiier gulped it down without hesitation, or
led it as a " sweet morsel under their tongue,
to bo used as occasion might require !
Hut no sooner does the predicted reverse come
upon them, than they begin to shuffle. And to
screen themselves, they raise a cry about the ex
travagance ot t lio people, and the treachery ot l tie
banks, which, they just happen at the moment to
discover, are nothing but rotten Whig institutions,
Now nil this find been foretold bv the panic
making Whigs; by Clay, Webster, Calhoun, and a
hostot others. 1 hey had told us, that these hig
banks, if you will have it so, were not suf'u deposi
tories ot the public money; and that, in selcctin
them for such a purpose, we would either flood the
country with irredeemable tmper, or involve it in
ueiversiil bankruptcy aud ruin! And were thev
believed ? No, indeed. They were denounced as
the enemies of Slate banks, and the advocates of n
iiiiitmnotli monopoly, which would swallow theui
up: Yet no sooner are their predictions veri-
I to the I Iter, than these same favorite bank
if the iroverniiietil, are in their turn denounced a
Whig banks ; whilo tho curses, which thev had
just u'tered against the Whigs for opposing them
were not jet col i upon their lips
S'im-titHi.i jirea-h ulmut consistent y!
ell gentleinen, atter finding that their expert
melit, from winch they expected such gre.it re
suits, had turned out a conoid o failure, and i:
volyed the whole coutitrv, government, people, and
all, in bankruptcy, instead of acknowledging their
error, and retracing their steps to the plain and
bi-at.'ii pulli of saf-iy, they suddenly il i - -. -r
t but the only duty of the government, is to tu ..r .""
of itself. And at this point, the sub-treasury pro
ject, lo which I proposed, in the commencement of
this address, to direct vuur at.intion, is conceive.!.
And this is oil that we are now lo expect, in li,"
of lhat Bank, which uppeurs to bo so much the ob
ject of Ihu honorable genileinnn'.s abhorrence, aud
by attacking which, now Hint it is dead, he bus
this day exhibited so much courage.
The avowed object, gentlemen, of this Independ
ent Treasury Bill, which has at length pussed both
houses of Congress, md ere Ibis lime, doubtless,
received the executive sanction, is to secure the
collection of the public revenues, and payment of
the sulariosuf the government officers in gold aud
And gentlomen, is it expected Mint tho people ure
to be furnished with the same kind of a currency !
No, bo assured For; Mr. Buchanan ono of the
champions of ihe administration in the Senate of
the U. S. denounces as a blunder, the charge made
against the Van Buren party, that ihey are in fa
vor of an exclusive metallic currency ; and denies
lhat they are, or ever have been opposed lo banks
or to the credit system.
CEASES TO HE I) AXi! HUM'S, WIIEX REASOX IS LEFT Ell EE TO COM HAT IT.'
FAYKTTIJ, MISSOI'KI, WATfKWAY, AKilW S, Iwio.
Admitting then the soundness of his defence, the
necessary inference is, that they want the hard mo
ney for the ollice holders only; while banknotes
are still to constitute Hip currency to be used by
the people. Wesny nothing about this oristocruti
cal distinction at present. The people cm see it.
But, gentlemen, notwithstanding tho views of
Mr. Bui.'hannan and some others, wenre constrained
to express Ihe conviction, tint the ino-t thorough
supporters of the presnt. administration, are op
posed to all bank-. Slate or National, and that thpy
advocate the S ib-treasury scheme, with the avowed
purpoo of putting them il.wn. (Jul. Benton, if I
mistake not, bus emphatically declared, that as an
individual, ho is opposed to all banks. The great
Mr. Calhoun, the rutin distinguished above nil oth
ers, for his ground nnd lofty tumbling, still declares
that he would advocate a National Bank in prefer
ence to State banks, and justifies hi firmer dev.
linn to the U. S. Bank, mid his opposition to the
removal of the depsjsitns, upon the ground that he
then saw no means of getting rid of the blinking
system us a whole, in consequence of the encour
agement given lo State batiks; but that he now
nl in 1 1 v
a Hording the mean , by which the whole credit svs.
tern, with all its baneful accessions, may be mpi'
from the bind.
We, I gentlemen, li t us for a while consider the
ques'ion upon this ground, and let tlio issue between
us be, banks, or r.u banks.
We are told by some of our candidates, that the
people have only to follow the example of the gov
ernment, bv refusing paper, and that gold anil sil
ver will Uo'.v tu iV'to as the grace of heaven.
Adopting the language of scripture, they tell ii -.
we I nve only to "ask it, nnd we shall receive it."
to "knock nnd it shuli be opened un'o us." We
nave heard this i.-wper ef wood yards told, tnat :
they have but to refuse pnper, and the masters id':
boats will he couipe, lei to buy their Wuod, aud pav
tl.em in specie. : other band, in examining Ihe i,i-ti;ry of empires.
Well, now, admitting that by a general concert. , which have long since crumbled into ruins, nnd in
between the proprietors of wood lands all along the ' enquiring into the causes, which led to -u.-h uieian
river, from the mouth to the source, that such a re- . choly results, we tin. I the revolutions preceding the
suit might be accomplished ! What would be the ' final catastrophic, invariably brought about, bv the
next consequence.' Why, these masters of ves-, efforts of the executive, to swallow up every other
sels, finding they cou'd not defrn y their ordinary
expenses without specie, would be forced to de
mand it of our iiicrchanls. in our towns and v illages,
in payment of freight. Well, what if they do, says
one ? Who cares for the merebnnts ! Make them
shell out the solid stulf too. Well, gentlemen, if
vveuremnde to believe that our interests are not .Rome continued to prosper as a republic, until a
identified with theirs, we may not care for the ! Ceasar who wielded the sword, laid violent hands,
merchants. But it would bo very singular, if they , aiso upon the treasury of his country. G real lirit
did not manifest some care for themselves; Christ" a in, grown vveury of kings, no seuuerestablishi.il
mas and New Year is coming on by and by, and I a couunonwealh, than a Crouiwi 11 Coin the e.i cu
then tho fanners begin to gather in, to settle up I live chair, reached forth his hand', mid grasped the
their annual accounts. After ascertaining the ! same power which be had just wrested from hi
amount they are owing, they will pull out, not a murdered sovereign. In imitation of America
long silken purse filled with real shiners, for like i Frnt.ce also became a republic, b it every vestige of
the balance of us, but few of them nro blessed a free constitution, soon melted belt ro the repeated
with such nn article, but a pocket book, and throw j encroachments of her first consul,
out what they believe to bo the money required to And with these examples slaring us in the face,
liquidate the debt. The clerk merely glances nt it, ; and teachin us in language which cirin i ! e mis
uml throws il down with the contemptuous excla- ' understood, do the olnc.-holders think, Hi divert our
motion, "Why this is Illinois money, we can't lake : attention from the rra' source of clang, r, by tle-ir
it." ''Can't take Illinois money !" says the farmer. ! incessant and nonsensical cries cbout banks a:..!
"No sir, we cant't pay freight even with it, wc
wnnt hard money !"
Well, now by this time, the shoe beoinsto pinch
the farmer, as well as the merchant. This is mak
ing the rule work both wnys, and carrying out the
hard money principle; and we will rind when we
have to sacrifice our property to pay our debts, thtt
this hard money system, is not the thing which it
has been represented to be, by those who are forc
ing it upon us.
And we candmly put the question to the people
of Saline county, nnd nsk them, if the merchants
ike the government, were to resolve suddenly,
that they would receive nothing but go!.! and silver
in payment ot their dues, how would they be able,
or many of them at least, to pay their debts, with-
iut bringing their estate to the hammer ?
And ns much us is said against speculators,
would such a stateof affairs, bedetrimental to their
interests, or to the interest of the otlice-holdvrs
who have been huurding up the hard money which
ihey receive in payment of their salaries ! .Yo
gcw.VncH, you would find th'm at your dirc'.'iiigt,
ii.'i'ig for rour propcrtu and oi.tng it at one
fourth, or ont tenth of its real eaue.
And these very office-holders, ore laboring to
bring nbout this result How disinterestedly thev
are laboring', judge for yourselves !
But in addition lo tic: ruinous sacrifice nf prop
erly, which must follow the destruction ot the
banking system, there would also, necessarily ene-
ced, a depreciation in the price of produce, and
if labor, corresponding with the decrease of the
circulating medium of the country. For it is a
fact well known, and admitted hy all, that the pric
of produce depends, not only upon the demand
which may exist lor it in 'he inn rket, but also upoi.
the utiiouilt of the circulating medium of the coun
try, by which such produce is to be purchased.
We all kn nv that there must be as much de
mand for provisions, tc. at this time in the South
ern market, as there was last year. For the same
people urn there, and they are compelled to eat or
starve. Yet the price of all kinds of provisions,
wo might venture lo assert, has depreciated from
") to 00 per cent., in the short space of twelve
months. Now this universal filling oil'in the price
of provisions, ci.tmot be attributed to th want of
demand, for we uiu.-t all eat cost what i" will. But
il is solely to be ascribed to the increasing scarcity
of money, and to the unrelenting war, which for
the i iL four year-, bus been waged against the
banking institutions of the country.
Still the uilU'i'-lioblers would make us believe that
the times are not hard. That it is till to be u'trih-
iitod to the false cry "f tho rascally Whigs; u;:J i
that there is "really no pressure, which any honest
man need regret."
Weil, ge.ill.-meii, we will admit, llr.t if like'
many of them, we were receiving from throe to live j
thousand dollar-: per iin'iiim, in hard money, we j
would not c iisi.ler the times very hard either. Nor 1
would we perhaps, care much about the deprcci .-j
lion in ihe value of proper y, for we should only be 1
enabled lo buy tho more of it wiili tho less money j
And, gentlemen, ',' don't rare uny thuif about i..
While Ihey can nnlm surn of their salaries, the i
convulsions which agitate liieir I'oun'rv the de-
-triiction of credit a d of fouinierce the prostra-i
turn ol business ol ev.-r.v kind the pecuniary ills
iress, und the iiiiu which may every where exist
uroiiud can never affect them.
They ride securely above the storm. And while
the farmers, the merchants, and tho mechanics, ure
compelled to bow benruih tho blasts which sweep
over and desolate their coun'ry, they can stili
laugh ut our calamities, -. can still say thut there
is 110 pressure, which on honest man need regret.
But, geutlo neii, as scaice as money now is, in
conseq ieiico of ihu banks being compelled to enr
tail Mieir issues, nnd draw in their circulation, this
scarcity is far from reaching that point, to which
il must speedily arise, as vv.) follow tho examples
recommended by Mr. Vuu B iron, of the despotic
government of liurope, in adopting their hard
money Sub-treasury systems.
For vvu presume from ihe bast estimates that can
be made, that bank paper comprises at least four
fifths of iho circulating medium of the country.
I. el ibis paper then be withdraw.! from circulation;
and the consequence is, Mint we have but one dollar
where we have lii-u nuvv; and the business which is
now transacted with difficulty, wild tho aid of live
hundred millions of currency will remain to bo per
formed, with only one bundled millions; which is
' - ' ' cslinntCi t'.rt. '
made, uf the amount of sp,-eir in the country-
Tho produce then, of your farms gentlemen,
which now commands in tiio market, five d ill ir,
you will be compelled to s,.' 'r one d ill ir: and
the lahorer who now receives bis one dollar pr day
for his services, will have to put up with 'JO cents.
And will the ollii-o-holders salary also bu cur
tailed in a similar ratio! No. be assured there i
no reduction of wages required there; he will still
receive his old saliry, which, when the sysioni n uv
about going into operation, shall have been full,
carried out, will be eq-iiva hint to live. Iime the a
tnonnt he receives ul. present, "fuo firmer-", the
mechanics-, and the merchants, "ire thcones whoai-c
called-upon, to make Mm necessary sae ri(cH-i. preparatory-,
to the full adoption of that tvi'g 'e'-.-t it
and Uh-ril policy, which distinguishes the fiminri-il
arrangum-mis of thosi twenty nnd despo'isuis of
Europe, to which .Mr. Van Bur-Mi, i:i his parental
regard for our interests, has reft red us, as exam
ples worthy of our imitation
But g' ntloni-n, another nrd power I'd ohj.-itio.i,
to ibis Independent 'J'rea-ury scheme s, 1 1 1 : f it it.,
creases to an almost indefinite rx'enf, the nlreadv
overgrown p it rouageoJ tin.- execu'ive, ;,a loi1-'1-in
the -ame bauds, bo'li th"? pui .o and tl.u u -rd i,f
lu" na' ion.
N' e-.v i;hs?.it,iling the hue nnd crv which I, -is lc-ei.
rai-i'd, with regard to :h; tendency nf Corporal i
uts, to sep tho found." I ions of our government, it
is n notorious fact, that histciry, from the com-:
menci'iiieut. of tlin un rid vvn to the pre-r-nt en. I
reo T'.s no insttnce of a goverr.inn.t being nestroyeil
by such an agency. And this i owing to the ip.i
do I'.cI, tb:.t. it is the exi-nnce of goverumrn; alone
which gives security ill the p (-.session of property,
i leper, notwithstanding the charges which I,
taken phice in luo world, we have generally foun.i
property folders as a l-niv, imposed to rev
or to a change, in t!i fundamental prim i;n
government, under which they live. Bt. on the
power of the government.
1 The republics of ancient Greece, boa-trd of free
dom, until a Philip of .Mnccdon arose, ami by the
. influence of his great name, and the terror t.f his
arms, seized upon the liberties of the Stn'es F" "i
the expulsion of Ihe Tur.iuins bv th" heroic j!r
monnplics! Do they not know lh.it there is not n
single bank in the C'nioti, which is not complo'cl v
under the tontrol of a mujorily of the people!
Whenever they see proper, they can. through their
immediate representatives, abrogate thir charters,
and ceasing to exist, they uro at once registered
nmoitg the things that were. For Ihey have no
sword, no .standing army, which they can use to
perpetuate their existence, independent of the will
of the people.
But create a national treasury bank, and place
that and the vvlrile revenue of the country directly
under the control of ihe President; continue to
him the power to select bis subordinate officers, and
a standing a rmy such as he desires at his command,
and who will give security for the perpetuity of our
free institutions? And say, that our own republic,
the present boast, nnd the future hope of the world,
will not ere long, follow in the footsteps of the re
publics of Greece and Borne, and after bidding do.
fiance to the united strength of the world, basely
submit, to the iron svvav of a single arm!
Gentlemen, the only way wc cat. avoid such a
resini. is to take warning by the examples win
have preceifed us, and iod grant, that the I
whicb those examples teach us, may be wri't
letters of fire, upon every republican heart.
We oppose the Sub-treasury scheme also upon
the ground of economy. It is to the interest of tic
people, that the revenues of the gov rivicnt shou'd
he collected and disbursed, vith us li'tle exoense tls
possible. Audlloone protends 10 sav, lhat. thi.
plan, which has ut length bicoiue a hi.v, will
pose no additional burthens upon the people
every treasurer, will receive.! salary, in prup.ir'iou
to the lubourand responsibility of hisetllce.
We are told that Mm Sub-treasury scheme, has
already beep in practical n:ieratio:i ever since the
general suspension of thirty-seven, and that the
public revenue has been collected tnd disbursed bv
the direct agents of the government, wilin-'U. ac.dr.
Well no .v. if such has bepn'the case, practical'',
lawfully, mid constitutionally, where is the im-ess.
ity of farther legislation upon the subject.' Why
not remain sniislie.i, with what thev call Hie pr.ie-
Meal operation of Ihe scheme! hy the reason is
obvious It is because they want a few inure otlices
with which to reward political psrtiz-ius. and .-mice
fre-h recruits to that army of otii ce-liol.h r-, already
under the command of the executive.
The present officers of the gnvenini 'tit re'eive
and pay out the public funds according to ihe or
ders of the treasury department, w ithout increasing
their 1 il ours to an extent which is nut fillv c. unpen
sated bv the salaries .vhieii they at present rcce've
A ih'sirn then, to e.iiuhite that ccono nv, which
'oished the repu'ilican udmini rai imi of !
would induce us to u;.postr uu;
cy ot vv .iicli, wou.,1 be to lui'ios.
hiirllieiis upon the people.
But, gent leuien, vye oiiposc tliis t, hoiidualde st'lic
not only because it place-, a po.vrt'ul an-1 d itiger1
-.vi ipoii in llm hands of ntl execuiive alrci
s'rcngtlieped by ex' ra ordinary and alarm ng as u in i
tio is of power; not on'y imruti.e it is 00:10-, , p,
that retrenchment of public- exo-msc which the very
salvation of lite country absolutely requires; and
is carrying out and extending that extravagant sys
tem which in the brief space of four years, has al-
ready beggared Mio nation; not only
' the emphatic language of the Va.hi
I nf Nov. l!tl:h, l"s.j 1
It is ilisorgiiio.ing, revoni- j
! of the fundamental prin
, denary, and subvert
ciples ot our govern, ilfiil." li it beciusu it m isl
fail to accomplish even the ostensible purpose for
which it is supported : namely, the security and
safe keeping of the funds of the tiuiiou; for wr
quote the language of the sumn Journal, just re
ferred to, when we say. " that bringing the pobhe
treasure thus und or the control of the Pre ident,
will expuso it to be plundered bv an hundred hands,
where one cannot reach it," under the lung tried
bank deposito system.
And gentlemen, profiting by thu admonition of
thi great organ of the pany, "let usgive tho most
.viiicliful attention," to th-j progress of this dark
und treacherous scheme, " remembering that the
price of liberty is eternal vigilance."
But, lest the Globe should not bee uisidered coin
prtrnt authority by all parties, wr beg luive to pro
ceed u little farther, in illustrating thrtrulli of our
Tho only additional guarantee for the security
of Iho national Irrusurc lo be found iti tho hill, is
" z'.sincd in the cU'i-i, whicb nuke- it a tienitcn-
Vol. 1 A'o. '2t.
tiiry offence, for tho-e entrusted vvilh tho publ r
money, to apply Mim tj their private use.
ti entlcui-'n, we have good reason to be!i, ve,'t!cit
this el'tiis.! is introduced merely to show upon the
surface, without the least design of reducing it tu
What, does Mr. Woodbury believe lhat every
man should be thus punished, whocinvrn the na-
turns money to his own private u-e ! It s(), ,t i, in
our power to r-i .,. mco you, by his mv ii testimony. viencv to his will !
that he has retain-.! men in i.fiice, wliotn ho - Wc have too correct a knowledge of human na
knowlo.gos to t. , s-,!.j,rU -,,r H,,. penitentiary , ,,,. , ,,;,posc that in nil rases" they will. For
Be assured genii -n, this is a mere gull trap, ; ,, .i ,..,,u .,., ii..,f , r.j ,.,, ,,,.
' '" it' " "'"S
voi-a.eu ior liorn.'si purpu :es
pu-:es. Wo have no .h.u i' il
;y accideii', be. ma.h; a Sub-
'i log coti.ij, i,y in.
irei;s.r..ri nnu were, ;t;i- sn-iir
upil 1 I
tilcfi from the public rr;!i, withe
"hem, the ndvau'age of Iniw J, g
find n home in Iho enili-ntiarv.
But sirs, we have no 'Jed.-' I,n
'in - iolinini 'r;.f inn oas ei.er per-.
iiit'iiiiu d whib' 'hey ivl.iin tin; p
li.it piibiiti " flies" worth .i.vii.g
! i rd upon active, iullueiiliai i n
mil, i: ration. And a tl.-v v-i.i
h. jai.i'i fa lily, a ml part.: l-o r
the peril, n;t:,ry ahead, will only
l"i.v erfo! ildil'.'t.'UK'tlt to keep tin!
the w hole concern from the lin-e.v
, he '.'. IJllhl
us i f ll.i
gei.ti. men, v. id know-,
treasurers are using iho people
v on, er v our I'Uiuodr. te rep re
t-tio.v il ! .No, neitle-r y ;, or
ti'.es. nd.-vs th'-v hap pen to !
v-ri.i know t.nv tl.iiig ab' iit. it.
bury, and his sat'.eili-cs on!
do.-.s hi. past conduct induce v
r. :-i cro
i to bjlievi
. that he
will r.vert himself, to se
tial poli.ical friends to
you think he will as for
the pcr.itm:i:iry ' Don't 1
crly, b-; afraid that it will '
o tie il teen who command
it lie will conclude, upon
produce r.vilcneiit. thn totr
so many votes .' ,nd that, h
Ihe whole, he led p-rhaps '
-iu'lv if there should I e an c
Can you believe that a in
' i' !e. i. cspe- J
ecteci approaching 1
ii, w ho will not even
remoie men from ollice fur the guilt of peculation, j tronage of bis office over their heads, and convine
will willingly indict, up.-in them a ten thousand J ;,, them, that he at leat is the best paymaster ;
more s. veic and ignominious punishment ! Can j un( tiat 6y adhering to him, let what will foiluw.
yuubrii ve thai, a man, w l.o in v iolation of a most i t1Cv al.all not be sufferer, at least, as farasintcr
sacre.J duty vviii. ii ne owes his country, will retain i c,t'js concerned.
a defaulter m i.lf.ce, ; tel -cre:n his oli'-ii.-o from the i p,., ,i H (...i-rn.lin influence nf evnent iv-e nnrr,,.
eyes ot t ue people, ,
Isx upon him a iti-grace which will taint
teritv lo Ihu Ivveiitieth generation ! No, gentle
men, yon cannot believe it. .nd though laws to
such tli'ect inav e.'.i-t, ti : h-iio as we have the pres
ent u: u in power, Ihey must ;or"Vc
rem till a dead
let can it av ail ns lu
ve hi. ve men in the ex. in
cii laws, while.
no' withstanding the a w Co
a'i ! r.-s! t'i:iL l'f:y lire hit!
Gentleinen, we will now
tinai.ci ,1 measere of the
s b-mnities of an oath.
V'tf-'' r .:;'..,.'
p-t on from this great
prsseut atlidnistrat ion,
and to which ii l,,.s ndhcn d with u tenacity, which
sliuws nt least, the great linnor'tir.co which
-poiNoi.-.i altaci U it. ve mink we nave shown
lhat its adop'i.m, su far from being an advantage, seit- ;, pweri njer filse anj hypocritical pru-tti'i-l
I e ruinous lo the people a', large, and that all i fusions of democracy !
is beiietits will be condncd t ihe rich speculator j We send our deelgatos to the legislature, expect
atid the ollice-holders, to the destruction of the in-1 ns iilf;m t0 oucy our will. But instead of looking
l ere, ts f all other portions of the community. : back to their constituents, and making tkeir will
And, cemleii en, we rirp.nl to you all, and usk, if ,,e ,-ovcrniiig rule, they are taught to look to Col.
in this bill, wl.ici, has i,i:..:y been forced upon ns Benton, ami through him, to the" crumbs which fall
alter reputed repvtieiis by tne representatives ot , fr0, the table, in the white house at Washington,
the people, the promi-i s giv en when your assist- i TJIOy pre taught to use the trust, which we repose
unco was invoked to put down tin; U. S. Bank, are i j them, as our servants, to commend themselves to
iie.y lo be titllilled ! After its practical operation I the sprciul notice of Mr. Yan Buren. That in
tor three years, h is it made gold .mil silver the tlicir coming time of need, when we shall discard
common e;;rr.;n"y of the coun'ry, and as was pro- ,iem for such base subserviency, they may laugh
mised, as abundant as hank paper was at the com- j .,, our reproof, and settle ce:ai"orfiljly down, into
t.if ucenictit of t .is unholy war. iiii iti the best cur- . ..mm flit. f'.-.!era! ,.ffi.-. t,.iW
reucy, wliici'. as v nation ever possessed !
I. M. ere on" solitary man in the whole Union, o
blind to truth, a. to he induced to answer tliuo
qt e-'ioiis in the atfirnctive ! And if they cannot
be ttius nus-ALred, untst not til! acknowledge that
they have been ihceived! They mil -t! And ue
Uuo.v lodging that wc have b.eu l-icly. trcaeher-ou-!v
.!"ci ived, inn! . d bv delu-ive promises to our
h I ow n ruin, is it to be .'ipiin.i-d that we will s'ill
'.'ling to the false guides, who have thus de'oyed
i us from the old and beaten pctii nf safety nnd pros-
I peritv, and leir u with the insulting declaration
thai il is the only duly of the got eminent to take
euro of it-e'f, and that the people are expecting
, too much. v. hen th. y appeal to it for assistance !
I hat more do v.e expel of this govern men',
, and what iii-.e-,; have we a.lcr .1 of its cdmini. Inters,
than they iheuis
ves so liberally pio nised us.
i v lien they solni cd cur votes
Thry promised ii
Wo now only asl; u
a li t'rr r:;rr:nr) than we had.
i good a one. And yet Ihey in-
suit us, by truing us Mint we nro asking too
'iiucli ! Ashing too much, when we call upon them
to fuilil, oniv in part, their o.vu pledge-!
v e admit geu'leiu n, tii .t we ue expecting ton
touch, when we exoeet any thing d .ut, with a sin-
le eve to the h 'ii"lit of tln pe.iuie. bv such a
i-h, luni-repiiblicau administration as the present.
1! if, we do not believe that we nro expecting I'm
un.ch, when we expect a change of administrator-.
f(r we kuo v ot' nothing so p i rticu1 irU attnc i".'"
j in tue .
i induce it
it, I q.::
lues ot Mr. an B ircn.
him with our eyes blin it i
is t ,
j in .pite of
I as hec. ::;,
i a in m who
roiv-jn vo-vs und viohi'ed pledge .
cs not with our wishes, vv w..t s
tiireug'iout a long iit'e, in ev, rv :'
n't ha. shown thai he con, i I t. the
cs:.. nn, rc than p-iraaioun', t pei-.o
V.'e will n.i'V, f i 1 . i v-ci:i.vis. t :,
ti ei Li a sii.e.'ct of .:ili ino.-i! ah-or
To th-" afiu-e. which exist i-i th" e ;
tueiit. ot' :';e gov erumeal ; and s,
loi.oraoie gentleinaii has sue.-.', .! ,i
ic : I, 1 -
idiiiii 11. 'ration to vv
charges with nhl
i i , with that fciil-
'he pro-.;r"ss of c.i:
is a'! 1.' 1
do in; b,
lit this ,
r -v., irl.s, h-' v -ve-. noon
Ms'i. g topi -, we
Van Buren, or any
i 1 leaven, the cj:s.
il.'."T lelclnl to s.'ll-.ter
his snlior.iit at 's. for,
hich let' udvocate, re-
ipiiies not a resort to such uu
il c: not uphold us ot us fad
ofy en ;irs. 11 truth
We will end. avor
to ho governed in our
cited facts, and in;,!;.
s'jitcnients bv v.ell au'.henii
1.0 erimiuu: ing ;. , iiions.
I vvhi-li we i!o 1,01 b.-lieve to be the !'. - I; o! ph. 11,
J and legitiiii-iv .! di.ctions.
Atl.l 111 View of li.Cse l.n-ts, ;i mi IPe-e deductions,
we charge tor executive uf this goveriinn-i.t, w ith
exhibit in j his innate contempt for the people, by
appointing members of Congress, and others, whom
they have condemned fur their subserviency to ,'u'..
will, to high ami responsible stations. Thereby
showing thut they, .vhuiii the people reject, lie
President uelightrih to doner.
Wo charge him with using tic pi'roi. ige i.f hi.
office ; Ihu propcr'y ol the uu'l-m ; 1 supply ihe
p'ace uf personal popularity, und to secure lli-il
supp irt, which as tun Ic.oiil of til ' ili-i,itrreleo
l't'iiges of' fre"ini'!i, he never could reeoi
Ami wa charge him, with exerc ising his que,
tiunabls authority, as b.eumesunly a tvrcot, b
p Hushing I, one. I pn'iiic servants, while in l!u
faithful discharge id' tin ir lidicial dn'ics, bv rxpul-se-u
from uiiiee, for pr.'siiu.iug to x,Ti'isu Ihe
right , 1 f fioruirtu, in disapproving un h ine:iures
of his administration, as they, vvi'li iiiany of Ihe
ui jst t'lilighteiieil and patriotic men uf tne country,
'j -iv'.'.-'ncii, strict obciii:.:.-': 1.1 tho will of ihe
people, is by ull ' acknowledged to constitute the
vital princinlo, of a republic. And we well know,
that we can only sr cure that obedience from our
representatives, by holding in Our own hands the
power to punish them, for every violation of tho
But wl.cn these representatives ore fanght to
look beyond their constituents for political favors.
and to place e higher estimate upon an attorney
ship, or a foreign mission, in the gift of the Prcsi
"lent, than they do upon the approbation of the
people whom they represent ; is there not a strong
inducement for them to prove faithless to their
trust, whenever their duty to their constituents
comes in conflict with the will of the Federal Ex-
ecllf i e
Will they he likely to regnrd the only punish
ment, which e have it in nur power to inflict, the
'yitiidrnwal of oor confidence: when they have
Konif reason to helievp that llm I't-pstden! will ninre
;t,.,n compensate them, for every loss of this kind,
v,i, li they mav sustain, bv their crincingsubscr-
i kin moving even the highest stations
in nuhlic. eslt-
I niation, who nrc ready to sacrifice duty to iniercst.
' yl; (.,vn t.e best'dcmorrtitic authority for say-
tu.'.'. "lhat. while the practice of appointing men:
( r- o' (.01 gress, to high and responsible stations,
shall be continued, corruption may bo expected to
r.m .ihi tie' order of the d .y "
.', irciii the -s'ec t.i-jn of such officers, from those
w ho have I ceti reject. -.1 by the people, for their n.i-Iiesi-.ii
to the men surest of the executive, havea less
c rnipting tuiidettry.
For. as one. has .aid, "such a practice is emphat
ically (:.invei"ing ihe patronage of the government
into a standing bribe I" and saying unto those, who,
tl.i'.ngii fear of their constituents may hesitate to
oi'.'V the rnninlul.; of the excu'ivo fear nut; for
it the peon!.! do r :,ct vou, I will provide for vou.
j Aud no sooner dots a Cambrulicng of New York,
tl.esr; Sriti. j , N ill's of Connecticut, or a Grundy of Tennessee,
ey ! A ill forfeit the cntidence of t lie peop'e. by tho'r subser
n '. ongre-s v;,,m.v p, jj,0 president than they are elevated
only ft,,, higher in the s Nile of f;.I.-ral favor, and
are t inglit. tint even in this government, under a
corrupt administrti'b'ii, there is a source other than
the pc'Mni , to which, in defiance of thir frowns,
they can "ti i 1 lick for honour and rewards.
Now, gi!n'.l-smn. we can eisily gue.s the reason ,
which urges Mr. Van Buren, to the ud option of this
policy 1. is not that he considers members of
Congress only, qualified fur these important, sta
tion. Bui it is to maintain his ascendency over
that body ; not by the force, with which his meas
ures commend themselves to the judgment, or by
his nersonal noreilaritv : but bv holdin-T ihq n-
page, tit us abused and perverted, stops not wrhm
ii hails of Congress; were this only the case,
though an evil of the greatest magnitude, it might
be tulcratcJ, nnd our State governments still move
on untainted, within their respective orbits. But
coming thrftgh our representatives and Senators
there, and our governors at home, it insinuates it
self into our state legislatures, and from thence,
like a subtle poison, diffuses itself throughout all
the various ramifications of our domestic policy,
and converts all, bv a golden chain, to the great
central power at Washington.
This gentlemen, is what we call, and what
Thomas Jefferson would have called, Fe Jeralism.
iaj.j, praitical, downright Federalism. The same
federalism which he nredicted. would insinuate it-
, , . . ...
If it were necessary to convince you. that our
j'j crva'.ions art; net based upon suppositions only,
we might refer vou, to almost daily occurrences.
which t-iku place, within the knowledge of us all.
Fur we have the means in our possession, to estab
lish the fact, that the patronage of the general gov
ernment, has been used to corrupt our State legisla
tures; that UiMugh them, it may be brought to bear
upon the appointment of our State officers; officers
whose duties, have no more connection with the
ger.eral government, than they have with the gov
rrnmeioof a distant hemisphere!
Bat as one only, among the many glaring eviden
ces of the truth of this statement, we re'er you to
the debate which was read this morning, and w hich
gave rie lo the present discussion, between the
honorable gentleman- nnd myself. You recollect
! that debate occured, upon the nomination by the
governor of iram H. Baber, as auditor of public
accounts. It took place, after a thorough examina
tion of the accounts of that officer, by a committua
appointed for that especial purpose; and who re
port',!, that there could be no fault found with his
official conduct, and that he had kept the accounts
in sn -ii a manner, as to conv inco them, that he was
a fiitliful and erfisie.'it public servant. ere the
speaker was interrupted by Doctor Penn, who
s ated that the report did nut suy, that he was a
faithful und efficient officer, but merely, that he
kept the tn 'counts correctly. Well gentlemen, I
u ;o.v n !i,,ng about the report, except what 1 learn
'.-..ii the ii 'ln'.e, nor do I alludj particularly, to the
p.r. wl.lc.i the g 'iitleiiiiin himself acted upon that
occasion. But !,e say.-, '-thai he kept the public
.ovo int. correct!)." Well low. I would ask, if
that is not the very thing for which he was placed
tor,? and if k.vpmg tiie public accounts correctly
lor. not comprise tfu- whole duly of tho auditor!
It 1! ' s. And I a-it vou, w higs and democrats, if
i'lit'o'.il perforin nice of Ibis d i'y is not sur!i;i
I a; peal to tho patriotic Van Buren men pres.
in this !..--l'.'-.'jIv, and uk them if it is n! tujo-
1 a... oi'. ii j . tii,i
c.y u man to break your
r-iiries, 1.!,,! :
icll s-'C-. -siv
oil will .;;,- ,
1 tin' 11- 11
e, for th" si ,
i 11. c service welt, laying
sncgl v as a idee floor, if
..cause he .. ,11 nut also go
hi ili.e t ! Vo l answer
I r-, is, ins, tha you do not
plough. And I'eftleinen,
him 'o vi
g for X
is in, ich
Van iei'on und his measures, has
,'ci with breaiiiog your prairies, us
:h kerpiug the jiub.ic accounts of
it ha. t, 1!,, v
vo ir Slate
While a inat remains faithful 10 the constitution,
di-ieliar gin-.: v hh p'..in:tu'ilit v the dutu s of his of.
li.:.. in God's i.ii'ii". -and in the nam of freedom,
Irt l.im I'vn'W ids c-nstitii'ion'il right as an in
dii idual a right w hi. !i v '-n' toil tyrants uould ever
.("i, to ..(,-.'. nnd vote for who n he please.
To this Thomas Jeft'on-on would have said amen !
And tu Ibis every true demucr-lt present, from his
heart, imi-t respond ai.e uf
s..t il sec. us Mint sumo uf our representatives, do
no' con. or v, i'h 11s, in the expression of.uchpat
riuti. and en lohliug sentiments. They it appears,
have 1:11, !..- uu iinpri-veinont upon Jeffersuniao de
in iriii'v; und have found out lhat honesty, and ca-p-n'itv,
and fai;h''iilties M the cou.titu.ioti, are nut
j ihi-only things lu bo re-rnrdeJ, ill tli se'.BCtiou of
a public servant.
I'h.i faithful performance of the duties of an of-,
lice, Ihey make but a minor consideration; while
supp ,1 ting .Mr. Van B .reu und his measures, is au
cssmiliul tl a, cannot be dispensed with.
1 know that such a degrading, anti-rrpubliciii
sentiiiient as ibis, is nut . ntertniiii'd by the inassot
ihu N un Buren p:iriv;iiud I Iimiibly trust, ibtihose
who huve nr.'siinied tu avow ench a eiiintieiit in
thrir name, will receive a rebuke whiJi Ibey will
never ! r 'ot-