The Arkansas advocate., 1837-04-17

lnopoizing land specuaiors, and thereby pysrent enc tse distribution o feesnue, which had been protested against by many ofthe States"
 Comment is unnecessary nPon the glarns and inpu- dent absmd:ty of these extracts. No man can read them without smile of contempt and pity Ifthe bill farorld the land specuators il must have been because they wish 10 cease purchasing the national domain. Indeed, so says the Gazeus--"fhoy would now rather become sellers than Juyers" They desire, then, to cease sPeeulafng-hey are weary oft. If SO, will ihere not be an eadto speculation Can men be forced against their wifi to buy land !-o speculate against taeir own interests and wishesl Ifnot how does this bll favor bem3 l'hoy are anxious 10 quit sfaeulang, Wha becomes Of this .'Paramoant obiect' which Senator Fulton had n view a voting for the bl What need of bill 10 stop the influx of money from speculation, when the spectators themselves are vea- y of spccuatiag. Truly, tae edaors ideas have be- come somewhat tangled and confused.
 But senofor Fulton wished to prevent another dis tribuon of the fevenue--and in order to Assp sran- sas from receipa2g four CT lee hundred doasaad dol- lars next January, he would rote for bi 0Aeh .pa- ced the actual settler in worse condition than be was before" Admirable logic Praiso-worthy elject of ambition
 But the editor Of tho Ga2stte thinks if doubtful on which side he would have yoted Ii is very probablc. The same might doubtless be conscientousY said by hm of every other subject where he might De called Q vote. But f the matter was doubtuIi the lumn- aas understanding of the editor would have Jeff kim uncertain how 10 vote how E tha Senator Seser de- serves lasting honor g for lis Yote.
 But letting this article pass for what t s worth why has not the Gazette noticed the votes of the Sen afors upon the amendments of Judge White and Mir Calhoun Tie people are awaiting the detam of the Gazette upon these points. Perhaps both were right in their vote upon the latter amendment--oae voting to give all the public land n Afkanras to the State and the other voting moi to give t.
 The approval, however, charitaby extended by the Gazette 10 the Senator's was for their 9eaesal course that is to gay, translatiag into common language upon their party votes. Doubtless the expnngng rcs olaton was Of more vital importance 10 le people Of ths stato tbaa presumption, graduation restriction of sales, and all together.
 THE CURIs#ftCT.
 In an article under this head he Gazette ascribos the disorder at present existing in the money market
 lhe crash of heavy capitaIissthe totering ofbanks and the whole disturbed and dlagdaiad currency of the country-not to the treasury order, nor to the measures of the general government but to tbe cor rup conduct of he banks themselves. Ihat paper cannot sniff tla responsibility from ao shoulders of the administration. Allow ito be ewing to the banks themselges-what was the primary cause of lh9 eyil Whal, and who conferred upon the banks Inc ability and power to oYer-issuo their naperto flood he ket with worthless rags-at 6 .dscount, within five miles of the place of issue, and almost valeecss out of their own State?
 Had the violent oyarbearng, and vind;ctve dgpo- sifion of Gen. Jackson permitted him to let the Bank the United States alone, nothing of this End would now be the case Determined to pu he Bank down. right or wrong, ho never for moneu thought of the consequences to enspe. After gronndess allegations against the bank made wthout scruple and DO; sus- tained by the facts administration congress has set fled with inc bank, on ita oa7l ie,Hs That congress has received l1s dollars (~e beieve) fer every lo0 dollars Of stock from the bank. Il has given ID it's claim for the damages retained by inc bank on the French drad-and it has loaned 10 the bank ciebt nii- lions of dollars fer series of years. The bank stands nnimpaired. Hbe public deposites were safe bere-- !tis so proven. Yet Gen. Jackson succeeded The bank was demolished. He was satisfied. II was not till the evil was done that he began to consider the remedy. What was that remedy? II was to place immense sums of public money in local banks thas enabling heo capital not their own, make tre- mendons and uuwarrantabe issues of paper, to meet the distress and deficiency n ihe money-mafket caus- ed hy the reduction Of issues of the Bank of lhe U States, and the withdrawal fem circulation o the pa pr of that institution Il Is ths fhat has Gandoa tha