The herald., 1837-05-02

.S.auon on eaf,. would permit US to tell an
untruth-to misrepresent fact-or to serve any par
ty at the expense of reputation, science philosophy
and historic truth. We must, therefore, be permitted
10 say--and we say it soemnly-that the present
terrible revuson has been produced by the vain ars-
tocrats Of both parlies-those mpudent men who pre-
sumed, in credit and assumption, to set themselves
above their betters. There has been general con-
sPiracy of the politicians of both pares-of the wings
and democrats, against the great mass OF the people.
Clay Calhoun Webster Van Buren, and all the large
whig and democratic papers, have been "part and
parcel of the grand conspiracy 10 cheat the nation,
and get hold Of the property of the people without
their consent.
The present revulson throughout the country is
ly the happy result of a grand quarrel among the
confede ates. Look over their list of failures from
north to south They belong to both parties-they
are leaders of both partics-they are the very men
who have under the artificial system of extended
paper currency attempted TO plunder the great mass
of the middng ranks of their propcry-out of the
fruits of their industry But the thieves have quar-
relied, and SO the people will get their own. The
great fabric of credit is going rapidy-a fabric that
built up by both parties in order to ugge the no
nest man out of his own The people have already
got hold If forty millions of specie and the terror
produced by the action Of parties and their continual
agitation, will help them TO get more. II the present
state Of political agitation continues six months lon
ger and both parties rash public meetings, as they
appear be doing ii is deliberate conviction that
not a solvent bank will remain in the country Con
fidence is daily disappearing under the management
political leaders. BY the action of both parties We
shall be reduced TO specie currency alone, aided by
that species of credit which is based personal cha
racter irreproachable life and well known principles
We trust and hope that the public meeting tomor-
row may conduct itself with moderation and good
sense, and that they will discard the focs of both
parties alike, and plant themselves on the unchange.
able principles Of moderation, common sense, cnlght-
ened reason, and sound experience. DO not increase
The panic
Postscript-The Philadelphia Inquirer of yesterday
has the following very proper rebuke to the recent
meeting of madmen at Masonic HALL
THE TowS MEETING PosTPoSEp.-I will be seen
reference 10 the notice nj the head of our columns
that the Town Meeting which was TO have taken
place on Tuesday afternoon, has been postponed
The object of the postponement IS n we understand
prominent citizens of the various political parties and
thus to insure occurrence of aston in relation TO the
existing coalition Of affairs by the whole community,
Hittout distinction Of party very enlightened
and proper course n strikes US. All classes of cit
zens arc alike affected by the embarrassmcns I'm the
money market and If desire be seriously entertained
induce the national administration 10 attempt mea-
sures of relief every thing like party politics should
be avoided.