Richmond palladium. [volume] (Richmond, Wayne County, Ind.) 1831-1837, 1836-10-29

e forced upon the country by a con3unction o.
r extraordinary circumstances-or whether thu
e distribution of the public deposites shall b
;, the parent forerunncr Of FUTURE DlSTRl
n BUTTONS Of the public revenue.
= 81 hope and believe that the public voice
f. WILL DEMAND, that this species Of leeis.
t lation shall terminate with the emergency
e that produced it,-that early and EFF.
5 GENT STEPS will be taken to prevent the
? iconcurrence of state of things calculated to
;oF IS: bissf MT Snt,sSs G. ""s MEAs"RE
:. Signed MARTIN VAN BUREN,.
/ From the above letters you will sec that
General Harrison expressly says that he u
grees with President jackson in the policy Of
dividing the money that may not be wanted
for the support of Government, among tho
states, and it elected, we will receive our
share 10 assist in carrying on our plan Of in
ternal Improvement. But Mr.. Van Buren,
being in that region where most Of the public
money has always been expended in building
ships, Notifications, and improving the rivers
and harbors Of the sea coast, acknowledges
that although he advocated the annual distri-
button of the surplus money among the states
las proposed by President Jackson, he has
now changed his mind, and that the exper.
ience of the last session sshas satisfied him
of the improperly Of any such measure"
and says moreover, in substance, that If elect
ed he will consider himself instructed by you
to go against that poll "!
The Globe has always supported the I'D.
ministration of General Jackson, and there
has been no paper SO loud in the praise of his
policy of dividing the surplus revenue. That
paper Is now the mouth piece of Mr.. Van
Buren,, and trying to elect him in tho namo
Of the Jackson party, and strange to tell, after
all its praise Of the President ii cones out
boldly against dividing the money!
For long time we Of the West have com.
planned of the great scarcity Of money in
of the large sums which have
been paid into the Land Offices and then TIA
ken over the mountains and expended in tho
old states. We have been promised reu,e-
dy for the evil, when the time ahe.lA eannA Or
1Ividlng the surplus revenues That timo mas
now come and it is for you to say whether
you will insist on your right, or let all tho
public money be taken as heretofore, and paid
put in the old states! Whether you will
claim our share to aid in our plan Of internal
or will let it 60, and raise tho
'ame amount by taxation. Remember you
ave to decide the question by your votes. 1t
s as at first stated question Of tar or no tar.
Ifyou are willing to let Mr.. Van Buren, vio-
ate his pledge to carry out the measures of
General aJcason, and to give up our share q
he public money, vote for him. But il you
lain our portion to assist in carrying on our
public works, in place of supporting them
" taxation on your hard earnings, then 90
or our old Governor, an honest and well
ried man, General Harrison. He is . Wes-
ern man, and his interests are identified with
'urs.
There is another view of the subject
which you should understand. All the money
aiken in at the Land Offices and deposited IN
ur banks, with the exception Of a small part
ordered over the mountains. and is mostly
AIKEN away in specie. Within the last few
yeeks, Mr.. Woodbury. the Secretary of the
treasury, and the leading friend Of Mr.. Van
;uren, has ordered away more than 1--WE hum
red thousand dollars. But short time be-
IRE, this same man sent an order to the Land
,ffices. directing to take gold and silver on
:. and while he requires specie in the west.
rn country, he directs the revenue officers
yer the mountains, to take any current bank
apere Let me ask, why does he make this
Inference between the East and West? Why
rain the Western States Of specie to support
lie Eastern deposite Banks, that have loaned
,illions of money to public officers and others
|, speculate in Western Congress lands!
,ecie is the foundation Of all our prosperity.
he more money there is in the country, tho
cher is the price Of land, of produce, and
{ labor. Reduce the quantity Of money
id YOU reduce the price Of all. knowing
lis and to make money plenty, your ieg'sla-
ire borrowed money to establish bank,
o make it safe, large amount OF specie
as imported, and the state took Iargs
mount of the bank stock, and tor that reason
ia called the State Bank of Indiana. In
her words it is your bank, because you Own
!. s.o.k in the name Of the state. Tho
ate paws the interest on the money borrowed
nut in it, and receives the interest that .
,de on the stock. The bank is good be-
nse you are good, and it cannot become IN
vent. because the ssase will keep It good,
Or every dollar in specie, the bank can iSos
% in paper. The more paper she has suts
= more plenty is money, and the state or yos
, the more interest on the capital IN bank.
The xpecie be drawn on. through the lad