Litchfield enquirer., 1837-11-09

SOGnd.--The following article from the Esw-YOrk Star we commend to our LoeOGocO friends as fair exempli6catiOn of the principles of credit against which they have for several years past been making war. It is brief. and to tho point:-
 "Bauk Credt.-What is Bank Credit, which our Loco FocO rulers earnestly engaged in destroy ingY Merchants understand it well enough, but it's practical utility may not be fully comprehended by all classes of working men. We will make it hmiI- efts. F''S'-''''''
 "A young mechanic, builder if you please, is out o hIs timehe is sober, industrious and capable-be has friends, but no money. We want n house built on vacant lot, for which we contract with the me- chanlc to pay him 5000 dollars third alier the story is finished, and the balance when he hands ns the key, and the house is found to be completed &C., cordlng to contract. Now, how is this mechanic to and fends he must have money to buy stone for tke foundation. pay his aborers and purchase other ma Ie!1as or he must relnqush the job. On tee fai:h cf fhls contract he draws up note for S5uO at 60davs which friend in good repute endorses for him, and lhe Bank gives him the money fir it. With this mo ney he purchases stone, brick and other materials and Bnnk, the first tier of beams is up, and we pay him SlOOO he takes up his note, and has capital of $500 left This may be the foundation of his fortune; and SO It IS with every branch of mechanics requiring means purchase materials Carry this ont further suppose mechanic borrows $lOOOofa Bank, with an understanding to repay ten per cent every co days. commence In every point of view in which the Bank Credit sys- tenn is regarded 1t must be deemed the foundation of our prosperity. young nation. with means yet un- developed, must get on by credit, the same young mechanic who has capital in character industry and capacity, but no money"
 A Mstoke 1.-The present Ex.Presidcnt Adams is famous for his morning ablutions, and formerly was in the uniform habit of taking morning swim in the Potomac, and he had pructice of remaining nearly motionlcss in the water, with nothing above but his hall occasion very near-sighted artist, who was likewise taking bath, took the hend for the large end of a and for dyersiGn i?;I swan if if to it. and did no. liery the Ex Presidents head, which at that time ] was pretty considerably crammed with the cares of the Nation The artist then started back as fine had unwittingiy clutched a dead man.-B0stOn Post.
 It is of the first importance that the people should have light on the great questions which are now be- coming so interesting. Some of these questions re- spect constitutional powers, principles and former practice of the government with which every body is not famiarly acquainted Reconsideration makes it the especial duty ofthe Wings to circulate such es- fog of Van Buren politics. We learn that the Wings in of the counties ofConnecticut have resolved to place copy of Mr. Websers last speechin the hands of every voter in the county. This shows the right spirit Give the people light; their eyes are opening to receive it-N. Y. Cour.
 Gopernor Wolf has issued letter. formally declin.
 
 chair of Pennsyyana at the next election. The A. merican Sentinel gives Mr. Mahlsnbnrg gentle hint that he is expected to bear himself with the same high minded patriotism. The reason assigned by Govern or Wolf is his solemn conviction that upon the elec- tion of Democratic tTory) candidate for Governor in a will depend the continued preservation or pros mia and the Union-lbid
 The Richmond Enquirer should have a patent for the penning of obituary notices. The last number spirit of true Israclite without guile, was member of the Anabap:ist church." and, among his many oth E ssd s $ se s S ss 9ss ing elegy to the menory of John Chimes:
 He had no malice in his heart,
 Nor ruffies on his shirt" [COn. Ado. DIALOGUE BETWEEN THE SECRETARY or THE TREAsu- Rv AND GOVERNMENT CREDITOR.
 Are you the Secretary of the Treasury?
 Here is an account of work that have done in the Navy Yard-ll2 days at one dollar a day. want the gold and silver for it.
 You cannot have it.
 What! you don't refuse to pay me, do you ?
 Not at a-here are pet bank notes treasury drafts, &c. Take yeur choice. But have you not advertised lately to pay gold and
 Yes, to Congessmen-but you are only . day la- So the President makes distinction between the ~'6sSS'assS"t And this, suppose, you call democracy, republi. canism; equality, protecting the "poOr against the The President has ordered it; and that's enough. Show the law for it, will you2
 What! is MT. Van Buren above the law9 He's President, and that's enough
 Yes it is enough in the eyes of office holders and parasites fattenng on the "spoils while the people are starving! Will the people think it enough though don't know. ,st3H Does Mr. Van Buren think the working men of the country will support him in such measures7~
 Certainly-at least he says so.
 Why should they2
 It is more than can tell.
 And it is more than can tell too Oh! Jackson! Jackson! is this the realization of all our golden dreams WhGt kaue come 10? Are we Americans or British subjects ?-Somerset Whig.
 Georgia Elecfion.-The Augusta (Geo0 Sentinel of the 18th, says :-According 10 the best information we get, parties in the Legislature will stand as follows: I
 State Rights tWhie,Asenate 40. House 79---i1o. majority. 20; Gimer's maj. oyer Schley, 756.
 Loco Focoism-The editor of the Register, is all ig- norance in regard to the meaning of Loco Focoism, tor of the Patriot & Democrat, also an administration man, for an explanation. He has been right well an- swered. The Patriot man says that Loco FocoisIn our country within year or two, whose object is inc entire desfrucfion of BaIks, Rail Road and Mannfac- turing Companies, and a that are concerned m them, and generally the prostFaon of n the permanent in- stitutions of Government and Religion. Its nature seems tO be desire to demoish credit industry and enterprise and convert their avais into common stock for the benefit ofthe idle and prOgatefo break down and destroy all that is tiebonored, useful and valua ble in our political sysiem-t0 level all distinctions in society whether natural or artificial whether arising from talents or property. .'-N HaSen Palladium