Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1837-01-06
From The New York Daily Express.
THE CURRENCY-TH SURPLUS
REVENUE.


The Washington Globe, with characters.
lie duplicity, attempts TO twist our remarks
upon the profigacy of some of the Banks,
and some OF the Bank Presidents Directors,
&c. into yarn Of its own, to point an elec-
pioneering paragraph with and to represent
US now THAT the election is over) as turning
our batteries (once turned upon the admins
tration) upon our own political friends
The Globe is so saturated with political in.
trigue. that it snuffs politics in every breeze,
and 1t cannot imagine that an independent
press, bent on truth, may fire an arrow of
al oppression, no matter who, or of hat par
ty. the oppressors may be. The truth is this.
the party OF which the Globe is the organ n.
has ruined, absolutel y RUINED, the currency
OF the country, and, now too many of the ca D.
italists of the country, of all parties-of that
to which the Globe belongs as well as ours.
have seized the opportunity 10 plumber the
wreck upon which the merchants are strand.
ed. and to strip bare even those who can es.
cape with their lives. The administration
WRECKED the currency of the country, and
then these land pirates. as wicked as those
who hang about Barnegat and plumber our
gallant ships there thrown upon the shore
are now PLUNDERING the merchants and
the mechanics Of our land and we have de.
clared war with them and we will not stop
TIL they are fully exposed. The worst of
these land pirates are the Pet Banks, whom
the Administration has created-whollv ir
responsible, often reckless, with millions and
millions Of the public funds at their disposal
used no man knows how, unless he finds
himself thrown into Brokers shop, s. made
their prey at 80 and 40 per cent, per annum.
Now that the Presidential Election is over.
and we cannot be suspected of writing arti.
cles for an eleclioneering purpose we tell
our readers that it is our firm conviction
that MIR Van Buren, comes into the Presiden.
tial chair under an express understanding
with many of the capitalists of the city and
the State OF New York. to keep the surplus
revenue at their disposal, SO that thew NAV
discount upon it, and shave notes at the tune
OF thirty and forty per cent per annuml-
Hence that bold and manly avowa of his,
that he is opposed to the distribution of this
revenue,-an avowal in manliness and force
so unlike his character that it shoots forth
as the only bright, and the solitary meteor of
his cloudy life. Hence his mighty majority
IN the State of New York, which is moi
counted by hundreds, as it is elsewhere, but
by TENS OF THOUSANDS The secret of all |
this, is money, MONEY, MONEY NOT in
hands full of gold at the polls, not in brides
actually profered, but in the management of
49, or 90, or 60 MILLIONS OF DOLLARS so
promised as to make powerful men believe
ihai 1t is at their disposal to shave notes at
~ per cent per annum2 Thus the Globe
Is mere but acting its part on the mighty
chess'board OF that great Gambler in politics.
" no is about to be enthroned in Washington
Every attempt is made TO make the distribu.
''on oithe Surplus Revenue unpopular. We
complain that the Bank Directors create a
scarcely OF money in order to create usurious
rates Of interest The Globe puts its finger /
upon'he Distribution law, and points out hal .
ns the cause. We show that some Of The
pt' Banks shave notes in Brokers' shops up. ,