The herald., 1837-05-18
THE HER AID.
THURSDAY. MAYIs. 1889.
state OF the Great Question'
" We have worn and eaten and drank 100 mueh = |;

The moral sense of this country Will never suPPo'
the general suspension of specie payments by oouy
of institutions that have for years been lavish ol .e
nromises to furnish wholesome currency. Ihere
;s nvolyed in the movement cold deliberate precoh-
cered fraud 1t cannot be disguised, ana never can
be hidden by any nolse-any uproar. Already III
PHILADELPHIA and Boston, the mass OF the people are
in motion. and but for the entire prosratlon 0. the
influence of Wall street. and the thorough contempt
in which il is held by cheated people, similar popu-
lar assemblages would have been held here.
The Wall street press may rave as much as II
nIeases thew never can make the GREAT MORAL
COMMUNITY of the United States believe that It -
honest to cheat own citizens in order to pay 10
British bankers an extravagant debt or, as Mr. BID
die calls it, "what we have worn, eaten and drank.
The evils Of the credit system, OF which we all
complain have been produced by the bankers OF Lon
don, Liverpool, New York, Philadelphia and New
Orleans They began in London first TO tempt our
importers-our importers and bankers then tempted
eaca other-both wanted to tempt the trading com
munsty, and here we are in general heap OF ruiS,
bv having worn eaten and drank" on an ihnaied
credit system The general and state governments
being Influenced by these bankers-having " drunk
of the same cup OF poisonhave only exasperated ana
heightened the disorder in all its phases. Political
aqitators have inflamed the evi-and now each one
turns round and tries TO threw the blame on his
neghbor's shoulder. What is more ridiculous than
10 see Mr. Van Buren, and Mr. Bidde accusing each
other through their organs of wckedness, error and
folly2 They are both in fault-both in error-both
have "worn, eaten and draak" too much--and 10
their squabbles are we indebted for the terrible de-
nouen,ent. The general debauch over-we are now
recovering eur senses.
H. this state of things, sight is pitablc than
10 see tn insane rawlings of the banks and prints of
Wall street During the last three years these were
the corr,pt instruments which have heightened the
overaction of the times. Who squeezed the blood out
Of the merchants by usurious 2terest? The bankers
of Wall street Who now support the banks In their
general scheme Of fraud just lcgazed by the esisla
ture9 The very men that were oppressed andinsult-
cd Who expanded paper money, heightened prices,
.od caused speculations? The banks in Wall street.
Who now support these Institutions III their fresh
sneculation of roguery and fraud-an rredeemable
paper money? Spectators shavers, brokers, and
ALI those who have sworn. eaten and drank too
way in carriages pyt their own and furnishing ther
houses with TIE most costly furniture at honest men
expense.
U-der such state Of affairs, 1t IS dangerous lot ,e
Wall street prnts-we speak serously-nts IS ddn5T'
ans for the Wall street prints to hurry handful OF un
fortunate merchants and spectators INTO VIOLATION
of the first laws of public order, merely 10 hde inc
consequences of their own follics-or TO attempt
revolution in the government. The great community
OF freemen here and elsewhere have their vengeance
fixed on one distinct pont-he fraudulent suspen
sion of spece payments by the banks. We advise The
presses in Wall street not to awaken the sleeping en-
ergcs Of insued people. In the present crisis, the
great body Of wsrth talent and virtue in New ors
have no great feelings of friendship for Mr. Van Bu
rem or his government-but they possess an attach
ment TO the first princpleso Of morals, that will never
permit them to sanction fraudulent suspension Of
specie payments by which British bankers are paid
IN gold while own people are forced TO take ire
deemable paper money. In time Of war, tho s'er"i
sensibilities of a free people may be otherwise en-
gagged than TO discuss such thingbu, in period Of
profound peace the first principles Of justice canno,
be obscured or obllterated.
Let the Wall street banks and prints tread eau
tiously. If the merchants cannot pay their debts
in the legal standard that itself IS quite calamity
enough, without adding instruction or revolution
10 IT, The country at heart IS right A tenth
part of the great trading class cannot overturn th'
government Let il be changed in due course o
law-by the free suilragcs at the polls. Let there b
ne public meetings in this crisis. Public meetings ar
foolish and dangerous things. They produce no Ct
feet on sense or justice-they settle n, principle
furnish no argument II other cities run into riot ant
confuson-if the outrageous conduct of the frnuduen
banks, that stop TO pay specie with specie IN ihei
vaults, drive Philadelphia, Boston and Baltimore L
madness, LET the people Of New York shoD to The lrfoi
izcd ,oorid Of Europe and America an eranpi
Of MORAL. DIGNITY--OF INTELLECTUAL
ELEVATION--OF PURE PATRIOTISM--OI
LOVE FOR PUBLIC ORDER-ihat will prov
them 70 possess at least some Of the FIRE. OF the purity
OF the honesty of the integrity Of the sacred Revou
tlonary age Of l776. Let us have no public meeting
no assemblages Of the excited people. But let US reus
a rredeemabe rags in every and all payments-let "a
return to gold and sver-let deal in specie alone
or paper currency founded personal integrity Bu
above all, let wait patiently till the day Of election
comes rouHd-and then speak in a roics Of 1undei
from the ballot ber. We have sworn and eaten ane
drank too much"-le US get sober, eat in moderation
and cast away our purple and fine linen.
WHrTgwAsHIsG.-The Wall street banks hav,
published statement saying =" this bank zap
pears to have been well conducted" d"-that bank ap
pears TO have been well conducted every banI