The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-07-14
CHANGE oP VIEWS.

mnnlcaiion addHessed . the Hon. Levi
Woodbury., Secrrlary Of the Treasury,
through the Philldelphia Democratic lie
raid. The writer charges the Hon. Sc
ere;ary with being the author Of the de-
Engagement Of the cureney-he having
the control Of the sole regulating power.
II all Be seen that the writer looked %
the end Of the experiment with the
same hopeful anticipatiOns Of thousands
Of the deluded followers Of Benton. But
the end has come: and instead Of show
ers Of gold, we have tremendous foods
ofshin plasters: and PublicOla most mag
Unanimously renounces his former opini-
ons. Hear him:
~ have. sir, been a specie currency
man, - up 10 the hub Jscksonman-
and Ben'Onmsn. Bot your depnsite
bank system has cured ne Of all these
f0ilies. decisions, and iRiai1alIOns. Your
gold and silver currency song has only
ben set 70 music 10 0muse a deladed
people. while your depnsIle banks were
expanding tine paper system upon The
strength of your Treasury funds Where
Is your goI aud silver! You have il
moi. WHAT haze you got in their placeg
tw" hundred millions Of fresh bank pa
per capital. since the deposIles we're
removed from the bank Of the United
States! Your experiment" SIR, has
failed. Your deposite bank system j. a
curse 10 the Country; and where il d rs
not provoke execIallon, il is sure 10 ex-
cite derlsion. senrn, laughter, and con-
tempt. here renounee and denounce
your - hlnIbug" schemes. as the shesr
invention If knases To esjole fools. and
OF charlstsns to impose on ignorance The
belief OF wisdom. aud on honesty the
false impression Of patriotism!
And now. sir, what remains for you 10
do, as some slnnemeni for The wronss
you have inflicted upon the country, aud
as some evidence thai ynu did not wtllul-
~ plunge her into her present unparalleled
ed Cslamilles, but was led sslrsy by false
lights into undersigned error! 10 order
20 answer this quesucn with elearntss. |
will divide your duty under the follow
Ing appropriate heads:
lst.--In relation to The Treasury.
2d.--In relation 10 The country.
3i.--ln relation 10 the people.
The first | answer thus. The depO-
sites ,cere remored from the Bank OF the
United States, on plea Of their OF their
not being safe IN that institution. when lis
fuads were unim.paird, and lis stock
thirty per cent, above par, and lis credit
unequsIled by any similar institution IN
the world. The deposites in the Girard
Bank you will Immediately remove on
tn. same plea, yell to..nded-thst bank
having list its capital; and is stock al this
iIme being actually fifty per cent, below
par.,-FaiIing 10 do ihis you will incur
the maledienon Of every honest mind in
the Republic. But you canno, fail to
discharge this imperious duty, because to
DO so would be wantonly TO sacrifice
millions Of the public money!-Remove
the public dep0Sites from the GirGrd
Bank, sir, mol harshly--not with design
10 wound il, or wound the public credit,
already too much shattered and impaired.
| a. kyou not even 10 take their specie--If
they have ii--bui the bills Of any sound
banks. Act with the tenderness ofa ia
iher, bnt the decision OF parrot. TINS
is 40 ume to tear open old wounds, or
inflc, fresh ones Nv object is public
goo mot private misery Or public evil.
God forbid that in a season like this
there should breathe human heart so lost
10 sympathy with lis fellow creatures, as
h think Of any thing bns balsam for our
wo"s, and pslliaaves Tor our wrongs.
Lei II be the study OF all to mitigate, not
increase the misery Of the people. Tins.
sir. Is what conceive 10 be your duty IN
relation 10 the Treasury
On the second braneh-"in relation
to the country" wha, is your obvious
duty! What is the condition ofthe coun-
Try! Employment taken from The labor
en-: iosms IDLE: manufactures deserted;
spades thrown by; general idleness, and
universal want Devise some scheme TO
remedy this evil. Let your ssgacity
draw on your Invention To restore indus
uy to the country. by the proper use Of
The money, whose perversion has aung
ali lr social relations into disastrous and
ru,hnus arrangement II you cannot d.
this. your path Of da,y is clear before
yon-resign. and LEI ADLER men assume
the pos, which your InbecIlIty has dis.
honored, perhaps your corrOption soil
ed.
/" II, relation to the people, What is
your duty, a, this awful crisis! Want Of
woEk--and want Of money--and want Of
bread--are the fruits Of mismanaged
Treasury, operating through the deposIte