Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-12
NC RNING HERALD.
WEDNESDAY,, JULY IA, 1897.

II The WEEKLY CHRONICLE, to be published 70
day, will contain beautiful wood engraving 0
"Belles of 1887 preparing for Saratoga" twas frs
published in the EVENING HERALD Of last night TIM
name of which we have changed from that OF CHRos
rcLE) and created great sensation. There is com
plete revolution in fashion as well as in commerce
John G. Calhoun and the Crisis.
We have received for publication the following ex
tract from letter written by the Hon. }. Z. CAL
HoUN TO friend, dated
"PEspLEroS s. c., 10Th June, 1887.
"Iet MS do our duty firmly, maintaining kind rela
lions with all except those wko have so much abu
sed their power, and show much more soicitude Il
redeem the country than 10 advance ourselves. Tn,
crisis is TOO great and dangerous for display of ana
bilious feelings This is the course for the patriot
the man who cares more for his country than fol
himself"
"JoHN c. CALHOUN"
Such the sentiments of every patrot-such the
sentiments of every American in these portentous
times. What is the position of the political for
ces of this country! What the influences that con-
troll, regulate and disturb them in their action?
The uphoders and advocates If the Safety Fund
bubble, or Of any other scheme by which the power
OF issuing money may be perpetuated IN their hands
have love for responsibility de facto. To talk OF
1t and delude the people quite enough for them-
They began this course of policy in 1929, when Mr..
Van Buren, left off the cabbage business at Kinder
hook BY perseverance, they have attained and re-
tanned the highest Offices in the land. Now that the
mask has been torn from their faces by the force of
circumstances, they shaneiully trying to hide
them like thieves caught IN the preparation of base
acts.
But the public cannot be any longer cheated. They
with amazement the conduct of Governor Marcy
and his compeers. The cry Of "down with all banks
at Washington, and up with the rredeemable Safety
Fund system at Albany" is too papable to be mista-
KEN We 60 for the doctrines at the metropolis be-
they sound, but against those of Albany be-
cause they unsound. All sensible people will do
the same. Not that locofocolsm is at all congenal
to sentiments for or later we MIST have
National Bank-but in their own nets will this GO
verning party be caught.
Such, then, is the true position of the governing par
ty Its real intention and wish is TO perpetuate the
Safety Fund system snder the specious preIexts of
locoocoism from Washington.
How do the other parties stand In no betterlight.
small band of the wings stepped in the vllliany of
speculation will resort TO any means 10 continue the
system by which fortunes can be made in week,
day, an hour Their affinity then is towards the Sae
ty Fund men, towards Gov. Marcy & Co. A few
months more and the junction will be made.
While this unexpected display of attracting forces
is developing itself, another part of the regency party
is flying of from It's old associates. These the
ocofocos. They uniting rapidly with the sensible
currency menin all parts of the country. New par
ties are thus rising cut of fold elements
But parties not the thing. If we would put out
ofpower the present organs of msrule, honesty, in
tegrty and truth must come to the rescue Mr.. Cal
houn's sentiments those by which every patriot
will act Then there will be no worshipping-
no party spirit-no false doctrines Fan, epen dis
cussion and opinions honestly entertained will be the
ground work of the political battles of the country.
We give ourselves to no man and care not who sit.
in the Presidential chair All we want to see is the
government administered the eternal principle OF
truth and the constitution without reference TO the ag-
grandizement of any one man or party