Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1834-02-13

II - u
our memorial should be spurned from
/ Congress, it is no fault Of ours-we can't
help it; we shall feel, let what will be
the issue, that we have done our duty, if
nothing more. Mr.. Sayer had no idea
Of debating to Congress what was or was
not their duty; he was for compromise
that would relieve the embarrassed state
! Of the financial concerns Of the country.
II this country shall be saved from inev-
l liable ruin, said MIR. S., hO,o shall it be
! sayedi 1t must be done by compromise.
: Is Gen. Jackson to tell US, continued mr.
s., that we must calmly and quietly sub
init while he goes on and distress and ru.
! in follow his measuresi Are We TO do
nothingi am sensible if any thing is
effected, it must be effected by compro-
mise, and ! would therefore say to you
| (and here mr.. S. was very warm, COM
promise this question before ruin comes
to VS. all To re charter the bank would
be my wish, but that despair of. l be.
lieve, continued mr. S. that the country
would not have been more distressed
than il now is, if the public deposites had
been taken from the vaults Of the bank
five years ago, and buried every sue
! ceeding year in the depths of the sea.
1t is my firm belief that greater desc
lalion could not have beiallen the coun-
try. Is there nothing noble (said mr..
S. in the purpose for which we meet
this evening? Ask yourselves, nj your
homes, at your fircsdes, in the bosom Of,
your families, and at your counting rooms.
| am willing to answer you at either and
all of these places. s.-These are my sem
timents, and | am willing to avow them
and meet them here and amy rhere.
i MIR. Bull thought it would be useless
to do any thing. Sir, (said MIR. B. y you
ask do not we possess rights as well as
the Executives! Sir, this is "A very diff
cult question and confess know but
! little about it-therc is great difference
/ in our relative situations. Here Mr..
/ B. referred TO some writer's on political
economy, and argued that the subject
was very much such thing to talk about
as religion is-Ilis simile we. do not
! care to introduce here.
Sir, said MIR. B. the gentleman thinks
l agree to that; but, continued Mr.. Is,
would n restoration Of the Deposites do
any good at this time? do not say
they would not, but l believe they
would not.-The Deposite BANKS have
already discounted as much as the u. S. .
Bank has checked in.-Sir, such meet
ing as this will be productive of more !
harm than good, it will create an alarm
the country folks in our own vicinity
will even be alarmed by such meet
ing-they will send in by ever cart
that comes into town, every dollar :hey
can get hold of and demand the specie
from the Banks--it is the excitement that
is raised, that produces the alarm. Sir,
It IS unnecessary, as no money has gone
out Of the country. Hero M,. Is. read
n letter written by Richard Rush TO por-
ton Of the citizens Of Philadelphia, in an.
swer to an invitation to be present at a I
meeting they were about TO hold, to ex-
press their appreciation of the removal of
the Deposites--wherein he expresses his
unfavorable opinions Of the Bank I
Here said MIR. b., is the language Of
a man who was always opposed to Gen.
Jackson, and he should suppose it would
have some weight.
Here Mr.. B. compared the alarm 10
a comet that was foretold some years a
60, which was to give us brush with its I
tail, and before it appeared iightencd
many old women TO death III
MIR. B. concluded by saying that the
voice Of the country was in favor Of Gen.
Jackson-that the importations of specie
were all evidence that money was COM
ing into the country-that there was as
much iE j. now, as there ever was since
Heaven blessed it, and he therefore
hoped that the meeting would conclude
to let the subject pass, and do nothing.
MIR. Engs, thought the meeting was
called TO express sentiments in regard to
the distress of the country, and to pass
some resolutions instructing our Scna-
tors and Representatives in Congress, ,as
to the course they should pursue. As
there appeared to be none before the ,
meeting, he would take the liberty to Of {
fer resolutions for their consideration. l.,
MIR. Engs then read the resolutions he
had just drawn up, which not exactly
suting the ear Of Messrs. Bull, Case,
Hall, and others, were objected to by {
those gentlemen, as having party col
oring and aim.
MIR. Engs was anxious to know what
was to be done. 1t appeared to him
that there had been great deal Of speak I
ing wide OF the mark. y
Mr.. Potter said that he did not ap-
prove Of the remarks which had been
read as coming from MIR. Rush. lie
talks like party man, said MIR. p; he !
wants to aggrandise himself, and is try c
lnU tn oct an office i'm the Govarnn.n, :.