Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1837-09-15


exchanges of the country, rsli..
tile embarrassments or in,o't es!nsns
ordinary operations of (oro;a 'Aesa
commerce. it is from conv! sa ada
measures are not within Tho ''o' @
province of the General a.. '0'sla
that their adoption would ssS'elnsu
real and permanent welars Prone
might be designed 10 aid : " 'tm
The difficulties and dis,rs.. f.
though unquestionably eres ','s0lass
thelr extent, and cannot be rs s,s
iecting the permanent prosn, s.gsdN,
ton. Arising, in a great Ss.oyds
transactions Of foreign and l'sleshe q
merce' It Is, Is upon them that thew ' S,sA
fallen. The great agricuI,uraI ; ~st
In many parts Of the couptrv '"Ie''
paraiively little; and, as Il D. '.usa (
tended TO display the muni6cen. 'O "
ness at the moment Of our 0,'.. ~
and direct contrast 10 the evil. ,'seA
by waywardness OF man. we b.s %''''
sed' throughout our extended ,s,,; 's''
season Of general health and Navy. y
mon iruitfulness. The nroc "S u Y
great staples will soon furp;sS ''SA d
liquidating debts at home IA us ma
contribute equally to the revival ~ oG'ae
clai activity. and the restoration u " cog. =.
cial credit The banks eslabI;,h y ''a' II
ly Tor ITS support, deriving their n, ss'
1t, and resting under obligation, s,j !;
cannot be overlooked, will feel >, ~ y
necessity and justice of nDiliDc ;, ,L vac
gies with those Of the mercar,iIs !.
The suspension Of specie pavmsn,,
a time, and under such circums,ao'a
have lately witnessed, could r@ moi.
than temporary measure. and
scarcely err in believing thai II.
must soon arrive when ali thai A..
will redeem their issues in cold ,'l5
Dealings abroad naturally depend a. y, Y,
ces and prosperity at home n Il. M
our merchants has accumulated : \
credit is impaired, these are fucln,,s'.
ways incident to extensive OF eur,.
mercantile transactions. But The NM
security of such obligations does nd i
of question. They are guarantee J.
resources OF a country, the fruit, of I,
industry afford abundan, mean, n -
liquidation. and by the eviden; ipisr,v
every merchant 10 sustain credit bsI.l!
high by promptly applying these mean,
It's preservation.
deeply regret that events have Occun.
which require me TO ask your cOnsiJ,rr-s
OF such serious topics. | could have Il.
led that, in making my first conmuur,r,
10 the assembled Representatives d nv n,
try, had nothing to dwell upon but hi,
tory Other unalloyed prosperity. Siuul,
otherwise, we can only feel more deepl,S
responsibility OF the respective truss d h |
have been con6ded 10 u.s. and, uujrt
pressure Of difficulties, unite in in,sLu
the guidance and aid of the Supreme RI
OF Nations, and in laboring with 1ssku
resolution TO overcome the difieuhia /
/ W httu VIC AiC
IL is. under such circumstances hi
qualification 10 know, by long eypcinu
that we act for people 10 whom The mA
however unpromising, can always besp!a|
with safety for the trial Of whose plua|
ism no emergency is too severe; and Eh'|
are sure never TO desert public functions
ry honestly laboring for the public COCO, b
seems just that they should receive, wihoa
delay. any aid in their embaTrassmenis wkch
your deliberations can afford Coming d.
rectly from the midst OF them, and know.
ing the course Of events in every seciiOnd
our country, from you may best be sana
as well the extent and nature Of lhes en-
barrassmenls, as the most desirable measure
of relief
am aware. however, that il is not Frld
to detain you. al present, longer than nil
be demanded by the special Otlscl Y
which you are convened. To then, Sa
fore. | have confined my commuuicafai-
and, believing ii will not be your OEr w.
now TO extend your deliberations ssyaa
them, reserve, till the usual period O !M
annual meeting, that general inform'l'a =
the state of the Union which the eonSas
ton requires me to give. ...r,
WASHINGTON, 4th September, 1851