Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1830-01-27
From, the National Journak
LETTER ON REFORM. No. MI.
IL, old Er,snd.

peeted, like perfect Charm uPoh wv 'ou.".
When the country is distracted, and the Union
m.nac.d. how i'm ,orrsn, il is to find erea, ru-
linz power capable Of calming the passions,
and s,iling the troubled clemens! The Pre-
siden,'s NJ, ssage acred likr panacea; Il aiay
ed the ryc,tenrn: and soothed he irritation OF
the public mind, .and restored 'hr sys EN- 70
beal,hful action" You nus acknowledge you
did no, unders and this subject TO the South.
How could you, having no manufactures, and
dppending only on rhr wild ex'raysGant ho>
ton, OF yuur public writer's! The 'aritt Is sys'
tenn Of great completely in is operation and
influence upon an extensive coun ry, which re-
cures much time, study and obse vo'ion 10
comprehend, and volumes to devriope. lie
ing nui,y of the The les uf poliic-i economy
the atilily and force with which they are urg d;
The vari.,y Of facts, perfectly rs er,aincd, on
which me illustrations est, with the aos'ruce
and difficult! nature Of the suhjsct, arr sut' lent
TO confouhd the clrarest nndrrs .ndlng. l an
not surprised you lahoured so long IN the dark
am very happy 10 see all Gu DIVISIONS and
discord put 10 rest; we shall nov h< united
parry. ] have been always afraid Of your vlo-
lent politicians, and have looked with deep
apxiery to the rtFec, OF he Message. You are
very much 10 be relied OF; you are rn"ch
more prudent people thar expected We shall
now &c. on admirably. Ii seems 10 me as II the
President had been SEN 10 re'oneile oil inter
es,s, and to bring US, like sheep into 'he t'ld.
The tariff has done M in jury 20 agricul ure,
and no good 10 manufactures; and, therefore,
there is no reason to quarrel with The Nor'h,
and divide our parry, and lose our power,
What magnificent scheme he President has
opened to our imagination! What showers OF
cold end streams Of wealth are TO flow in up.
On US! What source Of power and influence
i, will be come! il is 10 distribute the mon'> a
rsire from he Tariff 10 the amount OF Twelve
Or fifteen millions of dollars year, among the
Sta, es, and they again will distribute II as they
please among he people The money you sre
must be collected under the law. lhe public
debt having been paid, what shall we do win
| the money? What better could We do VIII H.
than 10 give il back 10 those from whom II was
| taken? Having operated as a bounty on lhdus-
try and enterprise, 1t goes back again 10 the
poe kets of the people. Money will then cirou
la'e like blood through the whole system, CIV
| ing life and health and vigor 10 oil is parts
| The States will see their connexion with, and
| dependence upon, the General Government,
which will become the head, and the heart, and
| he soul Of the Republlc-'he only source OF
| power, and the fountain OF wealth and honors
called tariff, the people p,y their taxes with
GU, knowing It. When collected into the lIea"
| sury in large quantities, we can divide il out
| among the SAFES, so as 10 make Them irel the
ZEN. fetal influence Of he General Government.
Thr odious State taxes, and tax ga,herers, may
be dispensed win: the money will be quite ud
ea.a,e TO the expenses Of The Estates, and to
| make all roads and canals and educate The peo-
! pie. l, will cement the Union, and bind he
| States in one indssolubls 5ona. Instead Of the
Union being in danger, the States will not be
| able to sxist without The Unior, and we shall
have one Grand National Consolidated Gov
ernmen,, which can neither be- overturned nor
divided
1t is deligh full to look forward 10 The glori-
| Gus work Of reformation, and 20 contemplate
The perfectibliry Of government. Besides his
| operation, by which revenues will arise like
exhaIarons, and descend in gentle showers, r.
frrsbing and f"rtizng the country, WE pro.
posr, my dear Sir, to extinguish the bank of
the Unued States; which was begotten by an
unn stura and unlawful connexIon Of avarice
aud ambition: The cons,iluionalitv and expedi-
enry Of which have been well Questioned by a
large portion Of the people Of he Uned Sta'es.
| fl was found not 10 have answered The end Of
its institution but to have entirely failrd in re-
storing sound currency, and 'quahz'ng The
exchange. The frs, charter was 90 aimed IN
der the adminiAtra ion OF General Washing OH
when the constitution was li'le understood,
and the present one was obtained on The plea
Of necessity, under The pressure aud distress
Of war, when, you know, the Constitution may
be violated, and the laws suspended; and in
fact, when there is no law but necessity. The
bank has exercised a most fatal influence over
he circulating medium; ihs'e,d OF a paper cur
rency in every state, which could he easily in.
creased 20 any extent, which was easily obtain
ed, and rendered legal tender by The laws, we
have now a wretched metallic basis, heavy
cumbrous, incapable Of use, and al the same
time limited in quantity; 50 that the bauk has
been obliged 10 issue bills no better than our
former paper money, which cannot exceed
much The quantity Of specie, which can OF be
had at all -xcrp, by men Of capital and credit.
I, has destroyed the spirit Of enterprise and The
hopes of speculation. The President fpresee.
ing by wise forecast the expiration OF the
charter has, by reach Of his mind. anticipa-
ted the evils to result from il, by conception
a. once original and bold. He proposes The