Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1836-12-29

tests the rapidity with W which Agriculture ,h
'rst und most important OCCUPATION nj -
advances, aud contributes To the we,I,h 81
power oil extended territory" In The sar,a
message he declared that "lhe circul,,;rU
,, euiu'h mas been greatly improved. nv
.'e use OF The State Banks il IS ascer,a;neJ
aa' all the wants OF the community in rel,.
WV W exchange and currency are supp,ied
GO 60 wen US 'hey have ever been before /"
,", seven months elapse hen these pas
! 'oraI and financial visions dissolve i, ";,
Agriculture ceases 10 be "lhe first and ,nos,
Important occupation Of man'--the Stat.
banks cease 10 he the models a., excb,nyc
anu currency--but fuI th issues the Secre,,r,
WIN declaration, that To protect the Trea-
Su'y from frauds, speculation and mono,,,
lies IN the purchase oi public lands''-lruu,
excessive bank crcdits"-from "ruinous
extension OF bank issues'--nothing shall he
IteTeived Tor land bu, gold and silver.
Mo" "ha' an exhibition is this
he public lands are exposed 10 public
aue'ion, inc prices reduced ia order To en-
"So saies' anu The Pfesident stands by
eNui'ing nj The amount, when suddenIv Le
declares that he " ill permit no sner,,I,i;,,.
ana mat he will raise the price of the lands nv
raising The price Of wha, alone he i'll receive
,"r 'hem. Now, surprising il true that men
nave bought much land. What riol, has
me president TO dictate To the citizens ,( ,b;s
country, whether they buy leo nnuc,, land mr.
100 much broadcloih They might be ner.
| mited TO know and TO manage their nwn
concerns quite AS we'll as he does. leayinu the
e'"' IL tie one, TO correct itself, hy its own
excess. III he prohibits The receip, of any.
,""S ou' specie to correct land specula,ions
'd',,; my MAKE the same prohibition as 10 the
| uu''es on hardware or hrondcloth or ~ ;,es
whenever his paternal wisdom sbnlI seo ne
o"ying too many shovels, or too many co,,s
or 100 much Champaigne-and Inns hr;r,,
'ne ehtire industry OF the country under his
control. ""'e' MS
ihese troubles may not, how ever he whol
~ useless, u we extract from them ,wogra,t
lessons. The first is, that wa can b.Se ~,
permanent financial prosperity while m,
pubic revenue is separated from the business
Vi 'he country and committed To rash and iu
"ola"' poii'icIans with no guides but thei
"u passions and interests. | have it'll,
'I 'na, Inc specie order is the revenge o
,he PRESIDENT upon Congress Tor passin9 III,
distribution Law. have less doub, ,bn,
lhis dispersion of the revenue amonp mil
o'uue OF Banks was to advance .he ol,scm,
aspirings OF some Treasury Caesar. III,
"'her lesson lS--one thousand times re,..t
Z" ana thousand times forgotten-to die
"us' all demagogues ofall parties who pro
iess exclusive love for what thew call m,
IeoPie' For the last six years the countr,
mas Deen nearly convuIsed by Efforts 10 breol
we mutual dependence of all classes Of ci,i
Zens-'o make the iaboIer regard his en-.
p,oo q as MS enemy, and TO array the poo
"S' Tue t'ch: : here trashy declaimer
have ended by bringing the country into,
condi'ion where its whole industry is sub
Jecl lar more than il ever was before IN m,
cohtroi OF The large apitaiisls--and wher,
every step lends inevitably 10 make the ricI
richer, and the poor poorer.
~ remains 10 speak of the remedy of tbes,
evils. hey follow obviously the causes -
them. The causes are The injudicious trans.
iefs OF The public monies, and The Treasury
order about specie.
1 ne iirst measure Of relief therefo fore shopId
pe' the instant repea! OF The Treasury order
requiring specie for landslide second. the
a;,:, W proper system 10 execute the
dialribution law.
These measures would restore confidence in
twenty tour hours, and repose at leas, in ~.
many days III the Treasury wili no, adop,
mem voluntarily, Congress should immedi
a'ely command it,
IN The mean time, all foIbearapce anI
ca'Inness should be maintained Thee !,
great reason Tor anXicty-none whatever r.,
''"rhl--and with mutual confidence and
I""r"se' me country may yet he able I,
ueIen" itself against the Government In
,he struggle, my own poor efforts shall nu,
"s m1n'ins' go for The Country, whoev
er rules i'll go for The Country. best lived
"hen worst g0verned-and il viii afford ma.
lar more qualification to assis, in repairjn n
Hs wrongs, than 10 triumph over those who
WIN great respect and regard, yours.
n n. BIDDLE.
lion. j. Q. ADAMS,
! Washington, d. C.