Vermont telegraph. [volume] (Brandon [Vt.]) 1828-1843, 1837-06-28

the whole community to unite and to sus
tain the currency; of the country. Entire
confidence should be placed in our monied
institutions, unless we have reason 10 sup
pose that they have violated their conf
dence. Instead of boarding up specie in
in our houses, we should carry it to the
bank, and thus contribute, 'each one his
share, to enable the bank to re-commence
its specie payments, and to give to its cur
rency afoat the greatest possible sound
ness. In this manner, by an universal
determination to pay to the utmost every
just demand, by Cancellation and forbear
ance, and by the cultivation of frank and
universe. confidence, and by cherishing a
generous solicitude for the good of the
whole. we shall suffer the least possible
evil from the calamities which press up.
on US.
And here trust that shall not be
misunderstood if, as an American citizen
belonging to no party, | offer another sug
gestion. 1t is beyond measure in such a
crisis important, that both the government,
and the community repose confidence in
each other, and ascrbe to each other in.
nocent intentions until the contrary be not
merel y asserted, but proved. I can fore
see no good, but much evil, as the result
Of universally eliminating the motives
OF those in authority. In such a time as
this, respect for the law is our strongest
human safeguard. And let US remember
that we may excite the public indignation
against the lawgiver, until the laws them
selves become odious, and then what will
! there be left either to restrain violence or
to vindicate right.
That our government has committed
bIunders is sure y very probable. 1t
would be very strange government if it
had not. But Think that all must allow
that the government has not been the only
bIunderer. And that our calamites do
not arise mainly from the government is,
| think, evident from the fact that Great
Britain, where no such cause exists, is
suffering an equal if not greater calam-
lty, and calamity of preciseIy the same
nature. That government should not,
IN such crisis, do all which it conceived
TO be within its power to alleviate the dis
tresses of the community, l can scarcely
suppose possible. In This country, where
popularity is the universal watchword, it
would surely be very popular measure.
But let US remember that the powers of
the government are restrained by the con-
stltutlon and the laws and we should be
the last to complain, because constitution
al limits are respected. But, further,
were the government to feel authorized to
do anything, it seems to me that it would
be very difficult for any man to tell US
what would relieve the present Distress
And if we believe the government to be
ever so much in error, let us not forget
that men are much more easily convinced
Of mistakes by kindness, and confidence,
and reason, than by sarcasm, and calum-
ny, and lnvective. Those who admins
ter the government of this country, at sue b
time as this, hold surely no enviable Of
hce. They need our help and we need
theirs, in order that we all may be safely
carried through the present alarming cri-
sis
come now, in the last place, to sug-
gest few of the sentiments which natu-
rally arise from the history of the present
events.
l. The occurrences passing before our
eyes illustrate, in a most convincing man.
ner' the wisdom of the scripturaI law ofac-
emulation.
While the Bible, on the one hand, en-
forces the duty of industry, diligence and
lrugaIlty, II, on the other hand warns US,
most solemnly, against over anxiety and
deep solIcltude concerning the riches Of
this world. While it commands every
man to labor, working with his hands,
and adds, If any man will not work, nei-
Their will he eat; it also teaches US that
those that 1ciu be rich fall into diverse
snares, and that there is that withholdeth
more than is meet, and it tendeth to power
ty. That is, although we are permitted
to benefit our condition, vet there are
limits affixed by GoD to the degree and
manner IN which we shall benefit it,
The desire of accumulation, within these
limits, IS lawful beyond them, it is sim
ful: The excessive desire of riches is not
only fatal to our spiritual interests, but, in
the end, it is ruinous to even orr temno-
'dl prosperity
Now, does not the history of the pres
ent Crisis bear this truth written in leoi-
bic characters on Its very front. I ask.
who have been the first to succumb under
the present pressure2 Is it no, those who
were the most loudly exuItng in their
rapidly accumulated fortunes2 Who have
fallen irrevocabIy, without the most dis
tant hope Of ever being able to liouidate
the claims existing against them Is it
not those who, from the nature of the
transactions in which they have been so
gagged, were making the most exorb;tsn,
profits ? Who are those that will weather
the storm in safety! Is it not those who
have been accused of timidity and lack Of
enterprise, and who, because thew were