Western courier. [volume] (Ravenna, Ohio) 1837-1838, 1837-10-19

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our confederate Republic will either be
plunged into the anarchy of pure de-
mocracy. or whelmed into the vortex Of q
consolidated despo,ism. We must go
back, we must retrace our sters, or cur
efforts TO be free, viii but serve TO fetter,
and the Government established bv onr
fathers. calculated, when wisely admins
tered, to advance the best iniele ests, will.
in the end, prove more disastrous to the
liberties AMI happiness of mankind, than
the worst despotism Of the darkest age in
the annals of time. r.. ,'
We will anticipate the publication of
the speech by adverting only TO one Or
two points. After passing in review the
dangers of National Bank, and if posi-
bic, the yet greater dangers to be appre-
hended from a reunion of the Govern
ment with the State Banks-(and on
these two points his views were, ut once,
arguments of irresistible force and admo-
nitions Of solemn intercs') - he proceeded
to examine and reply to the two principal
objections Of the "Conservaiives" and
NEUTRALITY-SUSPICIOUS. depending for
weight more on the words in which they
are usually announced, than on their in-
trinsic Gorth. The first of these oEjec-
tons is commonly made in the form OF an
interrogutory, thus--WiIl the Govern
ment separate itself from the people?"--
He took up this point and handed it with
great provisioning that neither in
fact, nor in effect, would the enforcement
Of the Treasury from the Banks be sep.
aration Of the Government from the pao,
pie. That it did not, and could not so
much as disturb q single relation existing
under the Constitution, between the Fed.
raj Government and the people or the
States. On the contrary, it would re-es.
tabIlsh these relations, disturbed by this
unlfalowod and dangerous connection. -
lie maintained this by arguments so forc.
Bile, by illustration so apt, that no unpre>
JUDGED mind, cultivated or uncutivatod
could have resisted his conclusions. He
left this device = for we cannot regard it
in another light - shorn Of all its capacity
to dcludo : all its power to do mischief
We should hardly think that any man
who values his standing will resort to the
artifice hereafter.
The next objection which we shall note
is usually expressed aier this manncr.--
"What, one currency for the Govern
ment, and another for the Peope?" He
took up this also, tore off its disguise, and
heldu Its naked features t)t the senate ,un,
til those who used it must have felt the
blush of shame on their cheeks. He
showed that the bill did not propose to
make two currencies; that it did not make
any currency, of any kind, or of any bo,
dy; but left the circulating medium Of The
country where it found it, and only asked
Tor the Government what. every citizen
has right to demand for himself. That
1t left the State Banks and their issues to
be regulated by those who alone had a
right to control them the States, cutting
Oft, al once, and for ever, all theinAucnce
which the Federal Government had as
sumed and exercised over them. He
showed too, that the bill did not contem-
plate, and could not bring about, an cx.
elusive metallic currency. That it was
delusioh TO press such an obiec>
ton. lie went fully into the subject 81
clearly showed that the demand for spe. !
Gle would not, and could not work out anv |
unwholsomo influence on the paper cur
rency or credit system Of the country, &
that all the prophecies and gloomy fore
bodings on this head, were but the sombre
visions of oyerheated imuginations. Whe-
thcr any doubts on thspoint fingered in
The minds of those who heard him we
cannot tell--so strong is prejudice and the
pride Of opinion. We needed not to be
persuaded, for we were convinced before
-and we protest we have not heard, du.
ring this whole debate, q plain and ra-
Iional argument urged in support of The
opinion that the proposed separation
would or could, to any extent, affect the
condition or character of the currency. -
L such have been urged, we have not
heard them.
We cannot conclude this notice without
expressing the wish that the speech may
DC published in pamphlet form, and ex-
circulated among the people Of
,yery State. 1t contains plain PROPOSE,
loEs, enlightened views, and sound doc.
rlnes. The crisis is an important one
he subject new-and the public mind in
state liable to be much abused. This
speech will enable the most ordinary mind
o comprehend the whole merits of the
question. We refer, of course, to the
POINTS properly involved in tho discussion
As TO other collateral matters-such as
he vlndication of the Executive, mast or