Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-08-08
POLITE NJ.
ffoa Hr Albany Irssins Josfuaf
THE TIMES

0c ore surprised to obsruc. ha. been confined e.
uc So. Lawrence Republican ls Own count,
l.pe.l
Having gone ihr'ngh with nn clabursie exam
uftl"n of ihe ow5auussmcn's, evils oud macrir,
winch hs party has iU0ctcd upou the country, Tie
Senator bangs 'urvatd, an ibc last st. l.aN renee
RcpnbUosu--lllS REMEDY.
u Wal be rocoliecicd tust the public dcpos,.cs
were wiihtrawn fom The United States BANK, be
the Administration. under an assurance jhal local
Hauk- would collect aud di.bor,e hcm az well.
and lyrol.h "a Lai,r currency shan that Of tie
Monster. To accomplish THIS fa,oulc object Mr..
Daanc vas thrust oot of the Treasury Department.
That "Expcunru," has been tried Scustot
WIGHT, who urged b. forward, now maGcs tie
following cuuiussIuu---a confession which should
bring shame s1d confusion upon al who p0rticips-
ted ia the outrage -
Under the law, with this provision Incorporated
~ II, all the existing dcpos,,e banks accepted their
nigh ttusis 10 the government and people Of the
country, and received some forty millions Of the
public treasure and yet. strange to tell before
single twelve mouth had passed away, they all re-
fuse 10 pay gold silver for their notes Nay,
more aud farther aul worsc, they eycu refuse 10
pay to the government any thing bat their own ir
redscmable 5auk notice, those notes which tic law
above mentioned prohihts the officers Of he gov.
eminent from either receiving, &C. paying out, for
for the millions inlros'cd to their safe keeping -
Sull further, the drafts Of The treasurer Of the
United State, drawn uHon dcposc bank for
mere trnst mnd belonging 30 individual citlzcns,
which fund was by the government imported from
abroad in gold and silver, aud IN gold and silver
placed - that bank for erle keeping, have been
dshonofcd and returned without payment. because
tho holder Of the drafts would not receive The IT..
,l,. ,Tf han itt
Having thus exploded the hrinhuc upou which
Jackson. Van Eurcn. &c. staked their al. hs
party,' by the showing Of one Of thcrr most dis
llnguIshcd leaders, ,lends cXposed 10 tie ,udjgna-
ton OF a ruined people and the contempt Of other
nations
The Senator thrn asks what ought Congress to
do' Having rcpoIcd tho idoa 81 = National DanG.
he proceeds -
'Shau ~. state ranl. be c,rihor saa,inncd as
public dcpo.tur,cs and fiscal agents % the Trcus.
ury? Shall millions more be entrusted TO tbosc
institutions, which refuse to respond for what they
have received FOR safe keeping except by their
own lrredccmibie and lalthlrss promises to pay
Shall Congress reccde from tie ground It has ta-
ken, that he debts Of the nation shall be paid in
currency equivalent to specie and convertible
INTO specie ri the viii Of the hoder2 Shall il
legalize currency and establish ~ the crcua-
ting medium of the naiionol treasury the irreleem-
able notes Of the state bank and import gold and
silver rom other countries to be exchanged for
such miserable representative of money We
hapc as yet heard no such claim preferred in "a
yor Of these banks from any quar'cf, aud We viii
not stop 10 argue a position which seems to be
so plain MS HAT these banks huve forfeited all fur
Their commence from the treasury and cannot be
relied upon focal agents."
The Pet Fauks,' for os + c voice and vote Of
Oae Senator il concerned pra Tins ft-ut,.etl .ft
When the administration was madly placiag the
Peoples money IN the local banks these conse-
qucnccs were all predicted. Bot corruption would
and did have ne way. How dearly are the peo-
pie paying for lhe p'ofigacy OF their rulers
Having Iuw rcrucialcd tie Stale Bauks the
Senator comes forward with hIs remedy -
"What then can Congress dol We answer,
try tie yet uuiried cxpcdieui. Produce a perfect
ano entire separation between the Gna ices Of the
nation aud al the banks Of issue or discount.
however. Or by What authority existing between
TIC national treasury and those artificial creations
Of legislation upon which We have so unfortunately
attempted 10 depend. We have tricd the faith ol
these soulc-s existence 10 al their iarlus 81 be-
ing, and that laiih has always failed us m lbe
hour of ulmosi need Nu,, irt us iry the lafth ol
nuuraI pcrson.. Of moral accountable aconts OF
.rconeu. bet Congress lrost the .ale keeping Of
as bauh cprponiors alh men r,~pans.Jlo u IT,
eel aud moi 10 uaLoyed institution. Let col
,ectous into iAc national iicasuiy De- collections
Of moHeg. or iis equtoicHl. unt oi iricdcomablc
paper, aod when tic government owes citizen,
let hiu FIR that oebi Lo able 10 obtain money OF
81 eqn gnlCul, sat lut iaeousC Ole book ual's.'
Mr NugH D. irf smother 81 LlpDtat'Hf -
There IS noi yct enough 81 b5niruWcy sua tuiu
The Government uu-i pursue. sill ianhcr, 30 ias-
cradle "Espeumopi' ,n favor Of perpetual mo-
'ioa" cuuer s.. Web Il the people not yet
satisicd a,th political kedbeiiersm, le. them o.
oo @ith ihu bum bugs. Benton. keada. sud
Cambr,ioHs, s1'iary snd a!one.' ~iH turn The
crank ong the people v'ii pay thor bia.
The pubic ore uow 10 possession OF HE we've
OF The Hon Slas Wnght lie goes 10 Washing
ton an SeWeu,Les, 10 separate ihe gogefunen.
from all Bake. Wuh BIN. the issue o. DOT ss
our peighbpf Of The Argue, or hs brother II lhe
Globe, has stated" BaH- OF no BaDt.' but Banis
Or 40 Baaks
SIR Wnsbt concludes his srlcle wltb broad
snd fol- admission that The cDuuify 10 nos REAP
ING THE BITTER FRUITS OF THE DE
sTRUCTiON OF CREDIT, TIE DERAAGE
A IA A CIR.