Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1834-03-13

Mr. fresfdent, tns experiment will not a.
muse the people o. this country. They are quit
too serious 70 be amused. Their suffering IS to,
intense TO be sported with
Assuredly, sir, they will not be patient as
bleeding lambs under xhe deprivation Of great
present good, and the menace Of unbearable fa-
ture evils. They are rot so unthinking--so stu
pid, may almost saya-as 10 forego the rich bless
ings now in their actual enjoyment, and trust the
future 10 the contingencies and the chances which
may betide an unnecessary and wild experiment.
They will not expose themselves, at once. TO in
Jury and to ridicule; they will not buy reproach
and scorn, at so desr rate; they will not pur-
chase the pleasure Of being laughed at, by all
mankinds al price quite 80 enormous.
MIR. President. the objects avowed for this
most extraordinary measure, altogether .
desirable; the end, il IL conld be obtained. is an
| end nj TO be strenuoasly avoided; and the pro-
cess adapted TO carry on the experiment, and to
reach that end, which IL can never sttain--and
which, IN that respect, wholly fails--does NOT
iaii, meantime, 10 spread, far and wide. deep
and general distress, and to agitste the country
beyond any thing which hiss heretofore happen
ed to us in time ofpeace.
Sir, the People, ip my opinion, viii not sup
port this experiment They feel il TO be siflic-
| tive, and they SEES il to be ridiculous: and ere
long, verify believe, they will sweep II away,
with the resistless breath Of their own voice, aud
| bury il up with the great mass Of the detected
| dclusions and rejected follies Of other times.
seek, sir, 10 shun an exaggeration-I avoid stu
| diously all inflamsnation, and all cmblazonng;
but ] beseech gentlemen 90 open their eyes and
their ears TO what is passing in the country; and
not to deceive themselves with the hope that
things can long rcpsain they are. or that any
beneficial change will come until the present po-
Icy is totally abahdoned attempted. sir, the
other day, 10 dessSibe, shortly, the progress Of
| the public distress. Its first symptom was spasm,
contraction, agony. II sezes first the CONNER
cial and trading classes. Some survive il, and
| some do not. Bpkthose who, with whatever
loss, effort and sacrifice, get through the crisis
without absolute bankruptcy, take care to make
no new engagements, till there shall be change
of times. They abstain from all further under
takngs; and this brings the pressure Immediately
home to those who live by their empioyments.
That great class now begin TO feel the distress
Houses, warehouses. and ships, are not now, as
usual, put under contract in the cities Manu-
| facturers beginning to dismiss their hands on
the sea coast and in the interior; and our artisans
and mechanics, acting for themselves only, are
likely soon to feel severe want oil empioymcn
in their several occupations.
This, sir, is the real state Of things. II is
state Of things, which is daily growing worse and
worse. II calls loudly for remedy; the People
demand remedy; and they are likely to persist in
that demand, till remedy shall come.
For one, sir, have no new remedy TO propose
My sentiments arc known. am for recharter.
ing the Bank, for longer or shorter time, and
with more or less of modification. am for try
ing no new experiments on the property, the en-.
ploymcnts, and the happincss Of the whole PEG
pie.
Our proper course appears to me TO be as plain
and direct as the Pcnnsy lyania Avenue The
evil which the country cndnrcs, although cntire1
ly in it's extent, its depth, and its severity,
is not new in its class. Other such like evils,
but of much mildes form, we have felt IN former
times. In formf --tsans v q have been Obliged %
encounter the IFS 81 dlsordered currency, o. ge-
neral want Of confidence, and of deprecated State
| Bank paper Te these evils, we have applied
the setsedy of sNg<A censisfused Naiionai Eaa&s
! and nave found " ehectuai. am Tor tryfhg "
again. Approved by forty. years experience,
sanctioned by all successive ADMINISTRATIONS, ana
Dy congress at all tunes, and called for, as Ver
~ Deheye, at tins very moment, ny vast ma
Jorify oil the people, on what ground do we resist
the remedy OF National Bank! IL IS PAINFUL
sir, most painful, TO ailude TO the extraordhsTy
position OF the different branches OF inc t'ovcrn
ment, but II rs necessary TO aiude 10 IT. Inns
| House has once passed bill for recharterlng the
present Bank; the other ilonse has also passed ~,
but II has been negatIyed by the fresioeh', anu
u IS understood that strong objections exist WIN
the Executive 10 any Bank, incorporated u " vi
Incorporated, by Congress.
Sir think the country calls, and has right
to call, on the Executive, to reconsider incse oo
Jeetions, II they do exist Peremptory ooJectiohs
10 all Banks, created by congress, nave NJ, ~.
been formally announced. i nope lhey wiz no.
De. mink the country cars 'or i ea ~
4
| this matter, and demands, IN IT'S own name, ana
| for the sake of the suffering people, that one
mans opinion, however elevated, may not stand
against the general Judgment. No man., IN tins
country, should say, in relation to a subject OF
such immense interest, that my will shall stand
for law.
1t does not become any man, in Government
| like This. TO stand proudly on his own opinion,
against the whole country ] shall not believe,
| until it shall be so proved, that the Executive
will so stand He has, himself, more than once,
recommended the subject to the consideration Of
the people, as subject to be discussed, reasoned
on, and decided. And If the public will, mani.
tested through its regular organs, the Houses oil
Congress, shall demand a re charter, for longer
or shorter time with notifications to remove
reasonable and even plausible objections, am
no prepared 10 believe that the act Of the two
Houses, thus acting in conformity 10 the known
will Of the people, will meet fiat negative.
shall not credit that, I'LL ! see IT. certainly
propose, ere long i no change or no other her
trial. As see no other practical mode ofrelief,
l am for putting this TO the test The first thing
to be done IS to approve or o s and ais
tarys reasons. Le. Us epmJ H. - ,oe s time nubI,