The herald., 1837-03-04
THE HERALD.
BY Express from wasAinxton.

"Cold Wittals" has with the Kitchen Cabinet. N0'h-
inc further need he said Read and refecthe golden
age is approaching.
Original Inaugural ADDRESS
Gentlemen of the .ScnatS
and House Of fRepreserfdt,resi- L.
Democratic party and IN pursuance oi us ola ana ve
erahle usages 10 preside the United States, for
the term of four wears ensuing salary 325U0O year.
/ cannot meet YOU gentlemen, without making a full
and frank disclosure OF taose principles which have
always guided through life, from the first period
rrundIed 10 market wheel barrow with cabbageS
in Kinderhook, till now am trundllng the six and
twenty cabbages of the Union 10 better market and
for higher prices. On many former occasions have
indeed been clear and explicit OH these principles, as
il is my nature always 10 be but just now shall
be frank and full beyond all former examples
From the recent expression OF public opnlon as
shown in my election il is evident TO all, that the
sacred and unalienable rights of the States must be
strictly and carefully guarded Indeed ials pnnclpie
which we have inherited from Thomas Jefferson, that
great Apostle Of democracy is the sheet anchor OF our
Union. Not but that the federal government must
also be preserved in all its power aud force, so as TO
give consistency to state rights In The south, and
south west particularly this doctrine must be strictly
adhered to- In the north, regular nominations supply
the place of state rights, and preserve the ascendancy
Of the democratic party without them.
On the subject of the Tariff lei US have no difficulty
have ways been lnfavor of Judc,ous tariff, which
fortunately means antl-arf at the south-tariii III
New England-anti- tariff in New York city-iariff IN
Pennsylvania anti-tarlfi IN the southwest
There s nothing like candor and simplicity IN giving
opinions great public questions.
Abolition is also very knotty SUBJECT Addressing
myself 10 the religious voters OF the north, l am
clearly opinion that the general government has The
right and authority to abolish Slavery IN the District
Of Colunbia-but, looking with the other eye al the
state of our friends in the Sonth, am not sure but
that If Congress were TO attempl It would be gross
violation of th9 Constitution. | might and II might
not-but until public opinion has developed itself more
fully, | think southern friends ought 10 be sans
fed with the riots at New York, Philadelphia and
elsewhere by which the property OF the blacks were
DESTROYED, their lives put in jeopardy, and tner sup
porters outraged, by the awful energies and whole
some practices of the democratic party. III II is ne
cessary to give further satisfaction to eur friends at
the south before the next election, we shall let oil
few more riots at the north. During the ascendaucy
of the democratic party, We have always liberal
stock on hand and can fully supply any demand.
On the subject of the United States Bank there IS no
difficulty Eiy predecessor has destroyed that arlse
cratic institution and thus cleared away The rubbish
for the erection of new bank, organised on demo-
cratic principles entirely, and avoiding all the arsto-
cratic tendencies which the former had Ii is not time
vet to begin to hatch the egg of new bank-but IN
wear or two will give directions 10 the organs of de-
mocracy, 10 call for a new United States Bank OF
fifty millions capital All our friends IN New fork
who are fond Of the fiscal patronage OF the govern
ment" and revere" our late chief are in favor of it
and ready to come out when the bell rings, like all
other smart funkeys. / think great bank at New
York, and another at New Orleans, would answer
eur purpose very well.
always have BEEN and always will be- opposed
TO the principle Of banking-but have always been
favorable 10 the practice. IL Is onlyin tins way that
we can keep up the ascendency Of the democratic
nartv Banking OF all klnds-pnper money OF every
FORM il unconstitutional and unjust in prlnclple-but
in practice il can be made very useful and conve-
nent instrument for keeping the party together, and
for carving The elect ons Gold and silver undoubt-
edy the only constitutional currency but regu-
lar democratic currency is different thing. Since
our late venerable President took me into his coun-
ses the principle of banking has been very correctly
and properly put down and repudlaed and especially
in the case OF the U. >. Bank; but fortunately for
the country the practice has increased from an aggre-
qregatc bank capital in 1880 of loo millions, to 800
millions in 1897.
thrust we shall continue this course of opposition
TO banking in principle, but in favor of u III practice
Ii il the only constitutional OF democratic course.
Ihaye been very anxious of late TO find out the true
democratic principle on the subject oi the puDic
lands. / have not yet succeeded bat ! uust snail
very soon, particularly after few elections shall
have been decided in the western states In my own
state, New York was blest al an early day with
kno Wedge of the principle OF democracy on pub
lie lands, village lots water privileges, and all such
valuable things. Before the canals oil New ork
were laid out our friends purchased all the best village
sites throughout the lines, at cheap prices. myself
laid in good stock of lots and water power pnvIle
gcs in the town OF Oswego. Other lots / took for
fees then coming to me by my practice. As lhe de-
uocra,,c party had the asccndency in the lcglsla-
rure we gave n democratic direction TO the laws
ntinq and laying out the canals. The lines run
through cur lots and in few years Their value rose,
some loo some 200, some 500 per cent over the orr
ginsl cost.
Bu, this was not ALL My democratic Safety Fund
Bank system was then invented, and each OF those
villages required democratic bank with which 10
transact lis business. BY this means the value OF
property lots every thing, has risen greatly IN New
York. The state has become rich, and the demo-
cratic party has become completely organized and
permanent. ,e.
Now think the same operation may be performed
m the western states. Many OF our trends have
been forming companies, purchasing lands and lay
inc in n stock OF towns, cities, and villages. In
short time when they shall have laid IN fell supply
II will be full time dispose of the rest OF the pubic
lands 10 soatters or 10 return them 10 the states, or
10 DO any thing with them you please. shall DC
guided entirely by Congress The democratic par-
having the first chsicc the arlslocrats may take the
remainder This however, shall leave TO your is'urc
wisdom.
Thls IL a great commercial age-l am from great
commercial state. Ii s also age OF civilization ana
refinement. The great principle of modern times -
that every thing is worth monev-nnd eve thng
can b. bought for It's value. What is called corrup-
ton il merely virtue state Of commercial dstrlbu-
ton New York has attained her great wealth, pow
ar and population by buying and selling every thing
-gonds merchandise hour banks men, women, !
politicians virtue vice. and particularly every species
Of patriotism. Formerly men and nations Were bay
g. -