The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1837-05-27

AID him in fighting the little dutchman, who
must be particularly ''hard to hold" if it
takes. so many to reduce him. So far the
recruiting has not been successful-not
| even Orsan Uabbs, whose name we see ap-
pended to the call for the meeting, has Join
Ell the standard-athough the mode of rea.
soning accords with his 'walloping' sys-
tenn.
Seriously, the big bugs of commerce
have pushed their claims on the govern
ment SO far, that the people may well be-
gin to question the justice of their assump-
tions. They assume from the first that the
only intent of our government is to foster
and protect them--to aid them in their
schemes of monopoly and aggrandizement,
and to double and turn in its policy as may
suit their emergencies. The great body of
the people, the farmers, mechanics, &C.,
are treated as if they were of no account at
all i'll the country-their interests are not
spoken of-their industry is left to take
care of itself, while the government is de-
manded TO devote itself to the furtherance
of exchanges, stocks, and mercantile finess-
ing.
A few hundred great dealers who upon
the strength of Bank facilities, had under
taken to buy and sell the products of ma
ton and who, upon few hundreds, have
been trading to the extent of millions, have
become losing gamesters. Not content
with the regular gains of trade, they went
deeply into the gambling transactions of the
day in the hope of sweeping millions at
single stroke. The splendid bubble burst;
engagements had been made, to meet which
the whole currency of the country, rags
and all was inadequate, and of course they
could not be fulfilled. A general crash a.
mong the milliOnaires has been the conse-
quence: the English and American dealers
being involved in the same mighty combi-
nation, have reciprocated the pressure upon
each other, until the failures in few of
our principal cities amount to a sum which
the specie means of both countries could
not satisfy. This state of things the causes
OF which are as apparent as the sun, is char
ged upon governmental interference with
the currency: the gold bill (for which Web
ster voted:) the veto on the U. S. Bank,
which bank exists in undiminished strength,
according to Biddle; and last and greatest
of all the specie circular, which by requi-
ring constitutional currency for the public
lands, checked speculation, and materially
lessened the extent of the pressure. Even
supposing this last to have had all the effect
its enemies charge, it could not operate the
one hundredth part of the mercantile and
stock deficiencies.
The great aim Of the democratic admins
tration has been to place the business of the
country upon solid and specie basis: and
10 an Onnosifa diraotior IF r,aroo,,1;Ia ia,
ence is acknowledgedly owing the existing
difficulties. AS well might crimes be charg-
ed upon the laws for their suppression, or
the growth of weeds to the extirpating hands
of the gardener, as to attribute the evils of
an inflated fictitious capital, to those who
have steadily endeayored to introduce me-
tallic currency.
The government is now required, with |
threats and menaces, to interpose the means |
of the people in behalf of the unsuccessful |
spectators who have failed to gather the |
expected harvest from the peoples indus
try. Committees are sent on to intimidate |
Mr.. Van Buren, into surrendering the exec
utive department to the control of brokers |
and jobbers, and to force an indemnity for
their ill luck. When a farmers crop fails, |
does he ask the government to make up the
deficiency! When a mechanic loses
debt, or drayman loses his horse, or a la
borer rainy day, does he put in like
claim? And yet such misfortunes occur to
fair and honest industry, unregarded, while
a less amount of individual suffering on the
part of those who adventure beyond their
means in the hope of inordinate profits, is a
pretext for little short of an insunection.
lfthe precedent is to hold good, every man
who draws blank in lottery, or loses his
money at the gaming table, or makes a
foolish bargain, may justly call upon the
government, not only for what he has lost,
but for what he expected to gain.