Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1834-02-14

IN error.
Distress is pressing on us. 1t has not reached
our doors only, but has entered our dwellings.
Great failures have occurred. S. & M. Allen
have stopped for, as is reported, from two to
three million of dollars; the Salem Bank has
stopped, and our merchants are also yielding
to the pressure-three large failures last Thurs
day, Friday two, and Saturday two. The times
are indeed serious Yet in their very midst, do
the office holders chucke, and laugh, and APP
plaud, and shout over this state of things, actu-
ally making merry at them, as though it was a
festival! We warn them-we say suppress your
rejoicing The sufferngs of the people are of
two serious nature to be sported with, and ri
diculed We shall always regret that Col.
Page, the Post Master, lent himself under any
forms, but especially in the spirit did he, to that
motley meeting held in the court room on Thurs
day last 1t did not become him to make merry
at the public distress. There was some excuse
for Cobbet's friend and ally. But Col. Page
ought not to have sneered at the times by say
ing" There is pressure; yes gentlemen |
feel there is pressure, for in getting into this
room | nearly lost the tail Of my coat" This
was not becoming in any one, but least of all in
one who receives his pay from the pockets Of
those very people who are the subjects of this
pressure, and who, while Col. Page and his par
ty are reveEng in their salaries, and laughing
at the wide spread distress, are distractng them
selves with efforts too many Of them, vain eff
forts, to save their business, Themselves and
their families from ruin.-PhH Com. Her.
Four other serious failures spoken Of yester-
day.-PhI. Conn.,, 11h.
Messrs Aliens, to whose unfortunate failure
we alluded yesterday, have, we are informed,
very promptly returned to the drawers those
drafts on Western cities and elsewhere which
they had purchased and paid for in their own
notes, and which still remained in their hands
at the time they stopped payment.
NJ Y Cour
There were only four failures in this city yes
terday; there were Six reported. We have not
heard Of any before going to press, this day.
We learn that another great Broker, on the
north side Of Wall street, has gone by the
board.
Hard day this in Wall street Money at any
price is in demand.-N Y. Star, 18th.
Raising the Wind.-Isaac Hill has asked the
loan of $4,000 from New Hampshire Bank
at Concord, for the General Post Office, but was
refused on any security.-N. y. Star.
Gen. Jackson and NJ. Yam Buren.-A few
days ago the Courier and Enquirer, after eXh-
times mplored Mr. Van Buren, to separate HIM
self from Gen. Jackson, who is called tyrant,
and in the event of his atfording relief to the
commercial community, assurances are held
out to him of very general and grateful sup
port for the Presidency, and tempting allure
ments are spread before this ambitious candi-
date to change his course, and listen to the en-
treaties of his suffering felloW-citizens, who now
turn from the obstinate determination OF Gen.
Ia RI q mo aV Umpnt
better feelings OF Mr.. Van Buren, for relief
There would not be much difficulty in sepa-
rating the President and Vice President on the
bank question, were it not for the well-attested
fact that the opposition to the Bank ofthe United
States, and the removal of the depostes, are
Mr. Van Buren'S projects, and not Gen. jack
sons; and that the present widely extended dis
tresses, and ruinous prospects throughout the
country, are solely attributable to the advice
and recommendation of Mr.. Van Buren,, and
are not the self wied and selfdirected measures
of Gen. Jackson: nor is he the tyrant spoken of
in such positive terms. His passions it is true,
have been infamed, and his opposition aroused
against the bank beyond measure and beyond
reason, by the constant and untlring efforts OF
the men who surround him, and who are all I'M
der the influence of Mr.. Van Buren,. Why
should the public be abused on this point? Why
should the original plotter of all this mischief
be permitted to shrink and dodge from the re-
sponsibility, and place it entirely on Gen. Jack
son, because his personal popularity can bear it?
Why not at once declare the truth, and the
whole truth? What prevents the re-charter of
the United States Bank? The cote Of Neao York
And who controls that vote? Mr.. Tan Buren,
and the Safety Fund Banks. From the moment
MIR. Van Buren, adopted the Safety Fund system
he determined to oppose the re-charter of the
United States Bank Among many proofs of
this fact, we have now before us letter from an
this city to another in Uti-
ca, dated April, 1929, in which is the following re-
markable sentence:
What think yon Of a hint that has been giren
to me of Our present Secretary Of State (Mr "
b. making the renewal Of the charter Of that in
stitution (the U. S. Bank) PARTY question,
for public faror in his rie1os on the Presidency,
bu uniting the monied institutions Of this and 9TH
err states auih him, in opposition to the Bank u s.
We have no objections to show this letter when
Y Star.
JOB PRINTING neatly executed at this Office