Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1837-07-21
From tho Charleston, 8. c. Mercury.
OvERTRADING

The time Tor assuming "wefghty respon-
sibiliiies" has gone--the Globe and Globules
will not even allow JACKSON the credit Of
having done sny thing at all. The destruc.
ton Of the United States Bank, the Removal
Of the Deposits, the importations Of 40 mil
lions Of Gold, the Matching 800 Banks from
the Treasury nest. the gathering Of 40 mil.
lions of Surplus, the Specie Circular--all
the astonishing measures by which the Great
Tinker promised to make an entire new ship
out Of the ruins Of the old one, have, accor-
ding to the Globe, died ioithout issue. For
the Deposits are dead, and the Deposi,
Banks and the Deposi, systematic Sur
plus Revenue is dead--the Gold is dead and
buried--,he Treasury Circular already
stinketh--all this the Globe knows and eve
ry body knows, bu, he will have il they
sneaked out Of existence without drawing a
tear or sob from any living soul--that they
"died and made no sign"
The Globe holds the cause Of an Earth,
quake TO be the grounds suddenly opening,
and the cause Of the present calamities TO be
"Whig overtrading" This is now the
reigning spectre--the last war cry--and in
the echo and re-ec no Of ii,the Administration
are to bury the remembrance Of former afro
cious experiments Amidst the general an
utilization Of all things, "Wbig overriding"
stands, in the vision Of the Globe. like the
" last man" in that Of the poet. The mighty
financiers of the kitchen have toiled and fret
ted and boasted for six years, have overtnrn-
ed all things and changed all things. and
now the best defence they can make is, that
they have done nothing at all Alas for the
IL r. % h. ~
this or any other agel" How has he end
cd in smokel Tom Paines definition OF
genins, will henceforth be definition Of sin
tuitivc sagaciiy" Z" 1t goes up like mete-
or, and comes down-like a stick The
great mans footsteps" are all blotled out or
rather /, is denied that he has left any track
at ALL What will little MARTIN do2 How
can he follow when there is no path7 He
will be lost
This may seem playing with words. and
yet il is but fair statement Of the facts. II
JAcKsoN's measures have not produced the
present disasters. what effects have they pro-
ducedq Ii is very certain that they have
not prevented the evil When the Great
Tinker resigned his Office, and his tools he
pronounced the country prosperous and hap.
pl--it tuOh tue CICuil vi H--utc ou(CtSSOi
spoke in the same ione-he promised to keep
us prosperous and happy in the same way,
and give the glory to JACKSON. The Globe
declared that there was no pressure-the
money was plen,ier than overland he too
gave the glory Of il to JACKSON. twas IN.
deniabe, then, that on the 4,h Of March. the
whole gang Of Thinkers claimed the entire
credit Of having brought the country to the
condition in which il then was. They
iercely denied thatth was any distress
they said all things were Just as they wish.
ed. and that il was all THEIR work The
causes according to the Globe, have entirely
changed since tina, time; yet so irresistible
is it that the mischief has resulted from tam.
pering with the currency" that in denying
JACKSON to be the author Of the evils. the
Globe is obliged TO deny that he has tamper.
pered with the currency who then has
tempered with the currency2" asks the off
ciai paper in Il tone that means 10 make the
interrogation pass both for an argument and
denial. What is ,ampering with the cur
rency, MIR Globe? II is meddling with il
sir-it is changing tit is attempting tc
turn good currency into "beuer"-i, is
improving" the currency for six years, and
at the end oil the six years. leaving no cnrren
ey at all 1t must be bold man that dar,
to say JACKSON has no, done all this Il is
too late now to take from him the crown
which he challenged on the 4th of March
There has been no "overtrading" since that
time, and who will be so ungenerons as 10
take from him his boast thatby his humble
efforts" the country had been brought 10
such condition of prosperity and happi.
ness