Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1833-11-07
70 a, Editoi.of he .1lermdria Gazette.

Srn.-At the time when President Jackson
announced bis intention of removing the Depo.
s;,sa from the United States Bank, and thus
evineed his settled determination to hunt that in.
a,i,ution ...to tue DEATH" the " Examiner" in
announcins that event, stated that deed had
Been committed, which would agitate the people
of this Union. like the tremblings OF an earth
quake. must confess, that, at that period,
was more sceptical in relation to the effects which
il would produce. / had thought that all the
fears as to the disastrous consequence
that would emanate from that official act. we're.
idle and iliusory; and that although that inS'tu
ton. was OF benefit to the country, Yet that It's
destruction would be attended with but little OF
evil NV eyes have since been painfully open
ed 10 the falacy of that opinion. have seen
enoush ard too muth of proof TO make me desire
10 see no more. 1t Is true the hurricane has not
vet been unioosed; the storm has not yet burst
in its fury: but feel not whit the less du-
bious of the desolation which il is to spread. and
the ferceuess With which it is 10 rage, because
can see notlfsg as yet, but the darkened and
surcharged horizon.
But perhaps |. err, 10 stating that the storm
has moi actually commenced. We who are re.
siding here, cannot but ba sensible that its ope-
rations have already begun. We have already
seen, in the wide distress which has been caused
by that act, that we will, indeed, have to fortify
our minds and brace our hearts against The pre-
sentatlpn Of scenes perhaps OF unequalled mise
nv; sad that the ruu which, IN consequence, is to
traverse some portions Of the country, will be no
less sudden and effectual than terrible and ap-
palling in its consequences.
Truly, then, NAV il be said, that this act will
agi,ate like the tremhiings of an earthquake. If
bankruptcy. and ruin, and poverty. and distress,
have auoht in them that can move the fears OF
men. then let, them prepare for wild com.
motion. Jhis,city, in which am now writing.
is even at this moment scene OF d,smay and
considerations. The trading and commercial
world have been the first to feel and be borne
down by the workings of this deed; and from
their distress we NAV gather some faint image oil
the evils that are to ensue.
The great mammoth Banking Institution.
which had inserted its fbres IN the very vitals Of
this nation and in every interest Of the people,
is now, in consequence OF the course Of the Exc.
cutiye. about to suspend its energies, and with.
draw its impulses, from the stage Of action.
The experiment, 10 say the least, must be haz-
ardous, and its effects, one or the other way,
must be striking. According to the observations
which have been Iatterly forced upon me, it in
deed seems. tina. this institution has borne the
same relation to trade aud commerce which the
heart bears TO the vascular system OF the human
frame, giving it impetus and yigor. II every
thing prospered, under its benign operation, as
every thing did prosper. ally should they at
tempt the dangerous. and perhaps the fatal. ex-
pertinent of removal and Substitution? 1t ap.
pears to me that it is as though vicious or igno.
ran, surgeon should recommend to person en-.
joying robust health, that in order to promote
longevity, and increase his bodily vigor, he
should remove his heart, which had hitherto done
him good service, and substitute in lieu thereof
another machine Of greater volume, .capabllity
and power. Would not the man who could re.
commend SO wild and mad scheme. be written
down either as villain or fool!-and yet here
have we presented to Us an instance Of almost
as fayrant maevolence, or as fragrant folly.
Bot do not here intend to enter into detail
ed argument of this qrestion.-Abier hands have
already accomplished that task. My sole and
Nh.le intent is to lift warning voice to the peo.
Die of this land; to conjure them. ere it shall be
too late, to look at the disasters that await them
In the future. and to provide against them with
promptuess and decision. II they are content to
see their dearest interests sacrificed to the arbi
trary caprice Of one mani-it they desire that
the will Of the majority shall noe rues--if they