The North-Carolina standard., 1837-07-03
FROM THE UTICA OBSERVER.
THE PANIC PARTY.

except that which arises out of hostility to
the democracy of the country and now
commonly known as the Wig party
had its new birth during the panic of 49,
33-4. Panics, if not necessary to its ex-
istenee, are undoubtedly necessary to its
success. It only feels sunshine when the
country is overshadowed with gloom.
Then is the period of its rejoicing and its
prosperity. The men who compose it.,
1--WE speak Of them as politicians and parti-
sans,) seem to gloat upon disasters as the
Barnegat land pirates do upon wrecks and
misadventures Of the ocean, which yield
them an ill gotten livelihood. In 1884,
when these men of motley assumed the
name of a0hig-a name sacred In the
memory of the people, and till that time,
unperverted and undisgraced, they sue
ceeded in obtaining short lived predomi-
nancy in some of those great wens' on the
body polite; populous cities !; where the
people are excitable, easily alarmed, moved
by impulses, and to great degree, incon-
siderate and unefecting where
"With every minute they do change mind"
1t is just so now Already are the terri
rifers rejoicing in their successful efforts
to carry the cities; and inleren,ially, and
by way of anticipation,-an anticipation
often indulged in, but never realized,-
boasting thatthey will also carry the State.
They won cities in 1884 butdid they win
the State? Willthey win itnext autumn, not
withstanding that few rays of April sun.
shine have flashed upon their patchwork
standard We prophecy not There's
no such thing in nature. The body of
the people who breathe the uncontamina-
ted and Independent air of the country, are
not afraid of sudden fear In every panic
they spy out hostile movement. They
instinctively y suspect panics, and consider
them as only disguise for the insidious
arts of the enemy; kind of smoky cloud
hidden up to conceal an ambuscade, or ob-
fuscate the sidelong approach of hostility.
1t was so with the panic of 1884, and
so will it be with that of l837.-Not that
there is not much real distress connected
with it; but by some singular obliquity, the
real distresses ofthe country, invariably be-
come, with these opponents of the demo
cracy, the harbingers of their partial sue
cess. They seem to thrive, when they are
mos; busy in persuading US, by every inge-
nious process ofmysti6cation, that the world
is going to ruin They have kind of cpl
curean taste which delights in tainted NOR
sells; and their best political banquet is
made up of alarms and distressess, wheth-
er feigned or real ,-.-
The whig presses-(it is shame to
suffer such prostitution of the name of
Whig)--the panic presses, absolutely
groan under the weight of misfortunes
past, present, and to come, which have af-
flicted, do afflct, or they mean shall afflict
our very unhappy country. Every crumb
of misadventure every scrap of distress, is
carefully picked up to contribute to the
qualification of their depraved appetites.--
War, pestlence, and famine, suspensions,
failures and bankruptcies; are the dishes
which they mainly delight to serveup with
all the spicy condiments best calculated to
give them a relish. The favorite condi-
ment of all seems to be the alleged woful
mismanagement and corruption of the Ad
ministration. Without this seasoning, no.
thing is swallowed. Is there overtraGing
with Europe or amongst ourselvesa 1t
is the fault of the Government. Is there
a scarcity of money2 1t is the fault of
the specie circular. Is there failure. to
meet engagements, unwisely and extrava-
gantly undertaken, without counting the
costa The laundering Administration is
to blame for that. Have men foolishly
brought ruin upon themselves, and embar-
rassment upon some of our most impor-
tant Interests? Of starts committee of
fifth to demonstrate with the President;
and because the President is not obliging
and patriotic enough to shoulder all the
mishaps of the world, why, ''down with
the President" ..... ,.... II
Truly it is very clever way the ter
rifers have of mitigating evils and light
ening dis:resses. When encouragement
is desirable, they take special care to show
off pompous parade ofmisfortunes and
facts not always being lugubrious enough,
the embellishments OF fancy are not spar
ed. They overlook the main causes of
convulsions in the commercial world, and
by variable and accommodating logic,
infer them from acts which may or may
not have had slight tendency to pro-
duce them. All this is for political effect.
An end is to be attained and if other
means fail, the disasters of the country,
which every honest man must deplore, and
will rather endeavor to mitigate than mag
Nifty, are used, hot without recklessness,
to subserve their purposes. 1t has always
been the way ofthe opposition-occasion-
ally attended with short lived success, but
invariably ending in defeat and confusion.
So will it end now. They may be sue
cessful, as they have often been, in some
half dozen cities, where a panic, in a