Richmond palladium. [volume] (Richmond, Wayne County, Ind.) 1831-1837, 1836-10-01

states in which they lie. (See Senate Jour-
MI 1913. pages 23o, 400, and S0l.) (He
Voted against making donations Of lands to
O !" I" aid in the prosecution Of the Miami
Canal, and was absent when tie vote was
taken on the bill granting lands to Indiana
for the construction of the Wabash and Erie
Canal, but wis In .wn To- stand in oppos.
ton To it. He even took the trouble 10 au-
thorize the Globe, his otfi ial organ, to arr
nounce TO tie uLl'c that he approved Of the
veto of the appropriation f,r the improve
M MT of the Wabash. lie has plainly, IN his
recent publication IN answer IN the Hon. ,.
Williams Of KY. announced his opposition to
a distribution of The proceeds If tie pubic
lands. and in fact To any distribution bill by
which the west m CAT get buck portion Of
the immense amounts of money which have
been heretof.re annually drawn from her and
expended upon the seaboard.
J. Among the mschievOus acts OF the present
administration. which are generally and cor
rectIy attributed to the intr CUES ri MIR. Van
Buren,, the frequent interferences with the
currency Of the country are the least excusa-
BILE. Business men, in general, have neither
leisure nor disposition to concei n themselves
with politics and they ought at least to be,
.slet alone" When the usual and -cessarv
channels of trade and business are understood,
men o! sense make their calculations accord;
Ingly, and no statesman OF enlarged mind and
lcorrcs:t views. would any more think of dis
,urbing them altogether than he would Of re-
versing the courses Of rivers, or stop. ing the
roads Of the country for the purpose of maxi
, ing new ones. Even manifest improvements
will be attempted with much caution, for
: there must be great sacrifices. where modes
!; OF business long practisea are TO be abandon
| ed for 9th, rs vet untr,ed. THIS the
: opinion Of both houses Of Congress. Tor ma
t ny members. not entirely satisfied with the
1 Bank Of the United States, were yet will ny
: TO continue it in operation for SIX years after
: the late charter expired, in order that no dis
: turbance in the currency might be occa-
4 stoned. The president. however. it is under
} s,oo', principally by the advice Of Mr.. Van
n Buren,, determined upon a different course,
, and the monied concerns of the country, In-
j. stead of being regulated by the wise and
/. careful legislation If Congress, have huctua.
Il ted with the whi.ns Ut a few irresponsible
d individuals.
n First, the act of Congress extending the
is Bank charter was vet0ea, then the contract
v with the Bank MAS violated by illegally re
= moving he deposites. The pubiic were
is then CAV en- to understand that the business o
e the country must be done by local Banks ana
n the whole patronage Of the government wa
n bestowed upon Il few of these suOservIen
~ institutions. There was much boasting abou
IN the advantages OF State Banks and the litll
H. evil with viii h they were attended, bu
I'd when it was sounl that they could not destFo
Of the United States Bank. nor 1ransac, the eA
changes OF the country without great d'ff
Of Guilty. a new course vas takcn by the 90.
n ernlnent. Il systematic attack has ice
ii commenced upon al! paper money. and esps
as ciallv upon the banks al tile " stern state.
IN Waeu The as.klng system was Efsi est.,'
ut lished In this county, errors were Lndouo
Of edlv committed. Tne Directors and stocl
en- h,i,.ers no. beng made individually !espol
.r. sab.e for siissnanages ent as at present, loo
us liberties which pr'Htuced difficulties. b
ST. checked II ose institutions now are, Oo'
he as 10 profits aud liabilities, 1t Is scarcely Po
he s,be Tor them ro TAIL. and all Tree COVER
,ut men,s where the Protestant religion p.svai
ci, have now a PAPER circulation. scarcely se
de- safe than the io.ndatiun al their IeIieOn al
an ,iberty The business of suca countries
rs done ut perhaps tenth OF the expense WINK
ri. u specie c,rcu.atn,n would require. None
III. is transmitted without loss ~ bulls OF e
ely change, drafts. and ceposies to almost ever
cn part vi the wnrid, and men OF sense and !.
HIS i,erience would no more think vi retufnif
. e altogether to a specie circulation than the
l.a- wound of abandoning AMI destroying the
We canals, railroads. ami steamboats,. And VIII
uc. would be the gain II our country sfOu
To make the nttenptl All property would
inv depreciated 10 il fifth OF its present value, q
are domestic business Of the country Could
Do be tr insacsed without the means Ut exchane
4r,- and foreign countries would take possess'
r Of ot ali our foreign trade. There may be II
zen classes Of people, neither of them numero
ii,v in the West, VINO approve this wretc.led p
ter icy. the overbear,ng rich may desire
ing, take from others the facilities tney nave
inst loved. and the worthless ana lazy poor "
,oor have neither energy nor resolution to
be,prove their condItlon may be satlshed
: in general ruin. Whether Mr.. Van buren,
vers mis- friends intend to bring about these resi-
50 that they can be NOR co.nf'ieue'y mast
Yhei ~ their siasisn Dartisans. or wneihef