Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1836-06-07


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vs.,.v,. T. re s.sssis 'hs trcs q t'sAf s"' If'7
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90. ..sd uusli $50 Stsis - cff bfia,' >" $3.50
a. 10 WED -FhcUi sui.,F,. te rfvhfd o"'1'D'' sI
-. 1890 .,ii,o.. 10 ranssh aifohe1sfss The Z
T,,.,v,, .fth. a. sisis- he grsat e"~rsl i"le'"w
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sssss5 10 Iewsf. ,, a.. !
i,r4h ,sa hse., ss5 h.ssh. ssj depth ~ NC an "a
ssitar ,evss a sseBsJ. T ss ffe''asn e''tNs ". -
soassssssi e ftks sgsec, ~ which We r"'s'n'o~'
sp,J.rssd hs.. 81 cpsrts. Tie ssAecsien ~ IN" bs" ~"
go a., sgl.s trss.afs ,hsl do~, which eas be, HIN
Z. sshs al ocsS sbi all sssser' a "ie'' hh WITT IN
sir1@snl,-" -.
Ths pa~.r dervsbis ffuU the o's 81 nsorf ~S, no.
.nt,ssrs,sl at ths slois.on e the ton''Hsi "n h'
T,~.,u,, -, then empty; tuj Va uID-s r'i o'l "H'e
81 hanefi ,imesrsty even ths 'sgAoou' n''n' % 49,
Usa,y dt5 Sol iofesss that the vse ct "o"'N No" =
,o-.. the rstoosIs ,lsmcui IN ihst stsfe'N' PoN'
,,h N. ur.l died wasid destroy the tsfis "bss eaa-
,,, Tha, the rno,lsy fowcf hs, teen msi"t'i N"' %"
r,n,,sl soi ~ The Pr,siisn Do 81 h'sose TOT MS me
e1eagh for bin, e0t BY e'@'r Sn1e' vas
I military Reputation, ~ f-r reaching 'ssSciy hA'
,h,. rsa Ladder bsen sr.-s~i. upon shieh 'hoy are e
sliab 10 ers,iBe., 10 tune TO cone. me oi'tA'o ~
the paoBsy power have p'wiaof1 ehcc's' b'"'e N"'"
ts verdi has ',.i Wsnutshel, becsn.e Inc 'e''t sPs
s,I t,rc,pie, q aetna carsiolly conoeecl tom
,h. puhiir eve Thfouxhon, we hsve 'oen pro'e'i""'
sDl prac,oss sunaux oppte dirtr'ion'' eni ye VIZ
have heard Tho ,hsui 81 splsus ~ loud for We bfe''n
49, r------ n---- -. s-y'-s N"~' '',s p"fa
l.sity 81 Gen Jackson dAoi sny thing u ~ tue
power to ''ev moo, ser ,t ~ ' ~ s 2 q asrh
nsr bot the money power 10 he Transferred TO o'hef
hands. whsrs II will continue 20 DO ~ work Nheh
our venerable Prrdeut descenis from has "xanlthhoo'
he will human nature az II "a. oi The thronshs
thoa,snis that rtvolvsd 10 .ervy around hw powefhc
will Cad how msuy crooked their knees iur h'it, and
how many out Of rotpee' or him. 49,
Ths money power, shielded from all respon.hry'
from alt public ,D.pecoB. rorsAlng the whole Union,
opsrsiiax upon all interests. brought 20 bear upon the
hope. anil s,s o uiiion,. IS the most Ingenious conri-
thsi devised by the wit Of msn; aud 10
sweeppg along IA It's wake the night OF suherase, ine
freedom Of the pre.t sts,e and national legislation
The declaration that "monty IS poecr' r most true
alarming true. All the hops Of the friends oi human
hbsy that free government could be maintanet, were
reposed upon hsVn: s operation conducted by officer,
ofinesrity snL capacity. who were devoted TO the Poo
pie and 10 power. I, impossible that free govern
ent unes, is Sairt be managed by such agents
Having ascsr,ainel the principles and the means by
which federal power making its rapid marches orci
the ruins ufthe Constitution, the question ~ whether We
,hsll take swsy from it the money, which the bone
cod snew OF its strength, and give II 90 tho People "a
bBd up their right, and restore heir ancient and oons
tu,iop8i power 80 tho Government
Having disposed OF the preliminary inquiry into The
presep, character and ton1eneios Of Federal power Wi
proceed 10 the investigation II the main question
Whs, shall be done with tho 'urplu. revenue
A. thi, very interesting point Of history, hen II
our duty 10 make a movement which viii vitality AZ
f the JeArc,i interests Of courty for muuy year
q come, surely ought to rice above present
party consideration. AMI lock at thc future cnnsequen
which will in all probiy result from the adoption
Of the three PLANS which have boon suggested Of jp,
iss ofthe public mrnoy. will proceed 10 conidor
them ia orler.
A. 10 the propriety Of leaving the surplus 10
mulsie from year year the Treasury and be dispos
81 Of IT, according 10 the discretion Of the TX
s,uve. Some of Hhe.t calculaors tell US that hy
January next, there will be fifty millions. AMI certainly,
unused and uuwsseJ II would IN few years smoum, IL
hundreds Of millions. II il evident that, so soon ~ h'
~-~~~i--I ~ 49, .,i - a. ~
State bank would be Ia the power Of the Treasury, ahd
thi, system must make them all instruments oftht
Treasury. The political uses and abuses 10 which The
Governuen, could devote these vast have already
been very briefly noticed This view Of the subject pre-
the minds Of the friends Il cheap snd pure
publican Government sntcipsticns the mos, gloomy
But in addition 10 the political ohjcct' 10 thu
p,oymen, Of the public money, there are others entet
ogrpve eonsle ton
II 4. most evident that the condition &C the pub
treasure unsafe Our is collected in the note
ofa great uulber Of State banks which in all prohabili
u, 10 the fret commercial shock, will become vauoe.
they did heretofore. There IS fthe public funds
d.po,i,ed in The IS local bs Ks s30673879 o. The,
have Of private depo.i,e, sl5o;3033 CT and notes il
circulation f26, sI3639 20. Making in all, s. pos,
600 81. AMI but si0l9865o - Of spece--sbout 81 q
debt 10 81 of specie. There !. due 10 the Govern
msnt slone from these banks than three tim tn
amount az their 'recie.
The following aggregate exhibit the condition Of III
IS depo.,e hanks on the lst February;
Loan. d,-f.. s6sy:3o.9oo Cspi,al, si235GO3
Domestic enc. s7I49.935 Treasurer o. S. 28,239,74
Real estate, I.Bl5.s3s Public ohicer, s,l39, Is
Due from banks. I5.7I297. Due 10 bank', 1850. C
Notes oi other BE-. 9573Oe9 Contingent fund, 1901
Specie, I0,ie865el iro6t aud los., die
Vorsinsn exc. S06.Si2l court interest 3 l89, 90
Expenses. 96S9l { rculAtiup, 26,243,60
Other nvs,,mt', 8,77T ,2s3. Private dspo,. i50i3O3
Other Liabilities, 5,957.ra
Difference, 1871