Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1837-07-01
July l, 1887.

| MICIIIGAN-Thc legislature of Michigan met, In
dcnomnate the laddc governo.sent them very
snoO:he safety fund message. He docs against
banks On ,h- contrary, he admits their usefulness in
of extensive trade and He con,mcn1s
solvency Of Of the banks, and recommends
that their ssoppaga of specie payments receive the sanction
Of Legislature. Here is his language -As the
only alternative, although deplorable and hazardous
would commend the passage of a law, exemptng all the
banks reported safe and solvent by this commissioner for
year, until the resumption specie payments New
York and other States, from the liabilities of forfeiture
charter for declining pay specie their law
avoid the question
pairing the obligation Of and would leave the bill
holder his remedy last, should he choose adop, it
1t looks strange, government of laws, gov
of gavcly suggesting the legislature plan
for auoding the constitution To auhoss a debtor
withhold the of debt due twelve with
interest," does in this lade's code of legal ethc
impair the oblis ation of the conacts. Be i, BIZ,
The se says word of agency er-
pertinent producing the present Of things. Accord
ing order, the whole is attributed ove1,radns Gin
Gazette.
The Democrat, published in Yates county, New
York, always a thorough-going Jackson and Van
Buren, print, speaks thus of the Experiment
"'TME CURRENCY ExPERIMENr.-The expert
mont has been fairly and thoroughly tried. A
reform in the currency has been attempted, and
it is amongst the thousand lessons Of history
which teach that theory, without practical proof,
Of its utility, is but the 'baseess fabric of Wis
iOn.' Experience this instance has been dearly
bought; for the building has been torn down be-
fore the materials for another collected; and
now VIC exposed to the pitilcss Pcltings Of the
tempest On this ject it is high time to be hon
est, and t. rccrmnaton, for all partiesh have
been struck with the fiscal mania, and rude hands
and crr,dcr suggestions have oyerihrown the cx-
Pcricncc Of long years The currency has been
the subject of the mornings discussion, the eve
mipg s cow crsaton, and the midnight dream. All
voices were loud in cxtoling a hard currency;
and a Hard currency it has proved to be, We at
tack ones system; We do not doubt that a
Benton Hill could show us, on paper, by neat
" arraycd figures, that metallic currency was
the most preferable, and enforce its virtues by
gument: still VIC should doubt. Let us have back
old currency, our small notes, our confidence,
and our credit; and above all, if Uncle Sam
would have his children abound in specie, let hum
not moncpolizc it all in his brooches pocket, idle,
and useless to himself andto thcm.''
Mr.. Vcbstcr-The Globe really rivals, in its
love Of inventions, Satan himself. Like him, it
is not only f,lscr, but the father Of falsificrs.
Not content with altering its own gross impos
all over the country. it picks up those Of all
others, and adopts them into the infamous affila-
ton Of its columns Thus find, in its last No.
the following gross misstatcmcnt, which, ty tie
Globe, can surely not be ignorantly proPogated.
1t is inpossblc that it should not know better.
From tie NashrilLc (7c.) Usios.
In this good city, We have a party who arc
DESTROYS Of tcstifying their zeal for the federal
doctrines by inviting Mr. Webster. of Boston, the
Grand Lama of the old federal party, now called
Wings. to visit Nashville, to receive the honor OF
a public dinner, and make US a speech in favor Of
John Bell. and his followers Of the s-new born"
school, Who does not know that Daniel Webster
was member Of the Hartford Convention Of to-
rics Of 1914, whose design was to compel Mr..
Madison to resign the Presidency, and dissolve
the Union held at time, o,when our fortunes
were lowest in the late war; but, thank God,