The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1835-12-30

longer the military cheiiain, but a certain magic
ian' lwhose whole magic consists of good sense and
good temper) that is to be the verable DESTROYER of
tins iair country and its appurtenances. But hap
pny' 'nesc Iugnbrlous prophets possess compassion
ate souls and in pity to sinking empire have an
exPedent in reserve, by help of which all this uin
and misery may be avoided, and a blissful season
OF enjoyment established III its stead it is simply
10 prefer bahk nominee TO the Baltimore nominee,
and to transfer the election of President from the
ballot boxes, where the people vote as Mey please
without caring for their representatives, to the Hall
oi the House, where the representative votes as he
pieases without caring for the people. Truly we
live IN strange times, when candidates for the high
dignity OF President of the United States, crcum-
ambulate the country in search Of votes exhibit
themselves on parade, perform feasts, sing their
own praises, and decry their rivals. But not so of
all. There IS one exception at least, and he needs
no label on his forehead 20 point him out who still
goes on IN the old way: who eats no public dinners
and drinks no oracular toasts who makes elect
loneerng speeches, either in his cups or over the
Dowl WHO sends no trumpet ahead to announce his
approach and to prepare the city for his reception
one who seems unconscious of all the turmoil of
which he is the subject, and who revves the recol-
lection of Washington, Jefferson and Madison, by
the dccorum OF his conduct, and the scrupulous del
icaey with which he avoids all reference to the cleo
ton, and all discussion upon the merits of himself
and the dement's of his rivals.
congratulate you, gentlemen, upon the state of
the country, and upon the abortion Of all the wou
predictions which were made at the panic session.
The canal is not solitude the lake is not des-
ert waste OF waters; grass is not growing in the
streets of popular cities the currency is not ruined
the Treasury is not empty factories not stopp-
ed; the grain is not rotng in the feds the labor
er is not begging for work the capitalist is not
boarding his money; confidence is not destroyed !;
mothers are not weeping over the lank and lean
sides of their unlcd babes the nation is not filled
with sighs, and goans and the of the people,
loud and deep, do not ascend to heaven in columns
black and thick, demanding vengeance upon the
author of SO much mischief! !-on the contrary, the
reverse Of all this true and since the history of
man has been known, never has there been any fe-
licity, any prosperity, equal to that which the peo
pie OF our America now Ell joy. i have travelled
about five thousand miles since the rise of the last
session of Congress and have Witnessed every where
the felicity of the people, and the prosperity of the
country. Every where the public voice is lifted in
praise and thankfuluess, and not sound is heard
to mar the general bliss, and to interrupt the uni
versal harmony, but the croakings of wobegone pol
iticians who have mistaken their own ruin for that
of their country, and who like the wretched Scotch
man in Wir's lite of Patrick Henry, who could think
Of nothing but his lost beef, while nation was re-
JoicDg in its birth, and a continent trlumphing for
its Independence, solely occupied with the grev-
Gus recollection of lost power, and miserable ma
chnatons to regain what they have lost, by the
deplorable means of abusing their rivals, commend
ing themselves, deprecating prosperity which Of
tends their vision, and yacinating a long series of
new calamities which would assuredly happen if
they and their great confederate the Ra"is of .'o
UHed states, could succeed in their efforts to ac-
complish their own predictions.
Yes, citizens, the country is in n state of unpar-
aeled prosperity and that it is so, instead of no,c
suffering all the calami,ies which were predicted
two years ago. is solely owing to the removal of the
deposltes in October 1888. Had it not been for
that great measure should now have had the full
portion of that Panic and Pressure which was got
up then, and, partly consummated upon us. Who
does not know either from history, from memory
or from tradition, the cruel part which the first
Bank of the United States played in 1911, at the
last session of Congress preceding the expiration of
her charter, when all the machinery of alarm was
put into operation, and irghtnl pressure upon the
community produced, and without any pretext
of removed depostes, but openly and notoriously
Tor the purpose of extorting a recharter from Con-
gress through the and sutierngs of the peo
pie. The scene of ISL would have been re-enac-
ted now, and the Panic and Pressure of 1884 would
have been in full blast at this very session of Con-
gress, and with complete success, had it not been
tor the mastery stroke of removing the deposites
at the time it was done. That measure anticipated,
and frustrated, the designs of the Bank and secured
To us the exemption from scourging which we now
enjoy Ifeft to herself, and permitted to choose her
own time for action, that cruel and cunning insti-
tuition would have gone on, as MIR. Taney well
said in his patriotic Report, prepare for battle
The public and private deposites, would have been
accumulated in her Golfers state banks and indiv-
iduals would have been ensnared into her debt
specie would have been boarded in her vaults the
tremendous pyramids of paper money, would have
been raised and expanded to lis uttermost limit !;
the foreign and domestic exchanges all in It's own
hands; and the whole country, with the federal
government like victims bound and prepared for the
sacrifice, would have lain poweress and helpless at
It's feet. In this condition of the people, and the
first day OF this impending session of congress, the
sgns for Panic and Pressure. would have been