Constantine republican. [volume] (Constantine, Mich.) 1836-1838, 1837-07-05
DIALOGUE.

| ~ DIALOGUE.
Scene, Posr OFFIcE.--A Wing Merchant with
distress papers meeting Democratic Far
| mer.
WHIG.-Well, here is the end of exper.
iment of the "greatest and best" 1t began
by distressing the people--making sour ca.
nails solitude, and our lakes desert waste
Of water, and here is the finale, univer.
sal bankruptcy and irretrievable ruin. For
the gold you promised us, we have now shin
plasters.
DEMocRAr.--But how do you attribute
all this TO General Jackson and his expert.
ment?
WmG!-How do ! attribute all this to
General jackson? Strange that you
should ask that question, sir. Did he
not say that he would stake the response.
bility Z"
DEM.-Of what, sir?
vetoing the bank bil-of re.
moving the deposites.
DEM.-Most certainly he did, sir. And
is it to those measures you attribute the
past and present commercial embarrass-
ments?
WHIG.-Yes, sir, had the bank been re.
chartered, had the deposites never been re-
moved, we should now have been prosper.
Gus and happy. This is position, whose
correctness experience has demonstrated.
We never had such times when national
bank was in existence.
DEM.-Ah! Did you live in 1919
Was not your boosted regulator of the cur.
rency then in operation Was not the dis.
tress then unusual and severe?
WHIG---True, sir, lived in those days
true, the bank was then in existence and
true, the distress and embarrassment were
then great: but you must recollect the
bank had scarcely got fairly into operation
hardly had it obtained foot-hold. 1t was
impossible for it TO have control of the cur
rency of the nation so soon.
! DEMs---Well,it is not necessary to nv
purpose, and ! therefore shall not stop to
prove your reasoning in this case fallacious.
I shall proceed. Will you tell how in the
name of allthat is decent, your great soon.
troller" permitted the revulsion of 1926
The arrangement and suffering then was
as great, if not greater than at present.
How was it, friend? Your bank was Their
in the full tide of successful operation. Il
was not then thwarted in its schemes by the
national executive, for there was then in
the Presidential chair changing with ga
conscience pliable to every touch of inter.
est" Pray, friend, how was itl
NEUTRALITY-SUSPICIOUS., sir.-sir
have you any thing more to say, sir?
DEM.-Yes, sir, something more. How
can you charge the present difficulties tc
the death of the United States Bank, or the
experiment on the currency" as you cal
it, when the bank never died, but the very
day the old charter expired, commenced op
eratlons under the new.--And as it controls
the monetary affairs of the country, Others
may try experiments as much as they please
they can effect nothing whilst it holds the
reins Of power.
WHIG.-Ah! But you forgot that the
United States Bank now acts under char
ter from state. 1t is not national but
a state institution now. 1t has not now
so much po,cer to control the currency
is not now SO safe an institution.
DEM.-l am glad to perceive you have
| oOuiOWHut ICCofCTCu lIOil TIC STUCK Iny
last query seemed to give you. You
say that the Bank has not the same strength
and is not as safe as it was under the old
charter?
WHICH, do, sir.
DEM.-You have some confidence sup.
pose, in the veracity and judgement of Mr.
Biddle inmatters Of finance
Wheel have every confidence in
the veracity and judgement of Nicholas Bid
die.
DEM.-Well, Mr.. Biddle told the stock
holders of the Bank, when presenting them
with the charter from the Pennsylvania LIE.
gislature, that under it ''the Bank was safer
stronger, and more prosperous than it ever
was !"
WnIG.-Well, SUPPLEMENTARY we'll, sir
-hem-good morning, sir.-Dem. Ban.