The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1837-08-11
From the Petersburg lntelllgencsr.
CHANGE OF DOCTRINE.

The metallic currency, which has been
for year or two the war.cry oil the relgn.
ing party, has suddenly been Abandoned
The following letter was published in the
n. Y. Times a few days since, signed by
upwards OF seren hundred OF The most re.
Specialize of the Van Buren, party. Never
was there more complete backing oui than
this, By which the experiment - blown sky
high.
New York. July 4ih, 1887.
Sir We, the undersign members 0: the De.
moctatc Republican Party. in the city OF New
York. have sees with pride and pleasure, your let
ter TO the editor OF the Albany Argus, Of the oh
OF June last
We consider il due to you, and mors especially
10 our beloved country, that We should express
our entire appreciation Of the sentiments so lau-
daily put forth in your letter. Your words are
" | am in favor OF well regulated credit system,
aud opposed 10 the chlmerical scheme OF an exclu-
ave metallic currency. Preserve and regulate,
but not destroy. The credit system is the distin-
gushing feature between desPotlsm and liberty.
Ia these high and patriotic views We heartily
concur, and assure you that We believe them to be
tina sentiments Of the great molor'y OF the Repuo'
lican Party; and We cordially tender to you our
unanimous support ia the proper efforts to sustain
aad establish these principles IN the Legislature 81
this great and sHtsrprIHEg nation.
Accept the assurances o; our high considers
ton and respect.
To the Hon. y. ?. TALLsAuGE,
Senator Of the Z. States.
The docillly with which the party press
toe the mark IN obedience TO this order 10
the right about, would be matter OF surprise
we're i, any other party IN the world
The Globe recanis with us accustomed har.
dihood, and boldly denies its past opinions.
Take for instance the following compre.
hensive denial that there has ever been ar
/ Experiment: &"
/ The chimeric,l scheme Of az exclusive metal
lie currency has never been entertained by N,
friends Of the past or present administration, MOI
has there been The slightest attempt 10 interiors
with the credit system. TAe seulimeLt Of Mr.
Tal!madge on this point properly receives Inc ap
| proYal OF bis political brethren. A currency ex
clusively metallic has never been proposed not
advocated, either by President Jackson, Mr.. Van
Buren, Mr.. Benton, or any other fsignd OF The ac.
minisiraiion high 10 authority, Or IN the confidence
OF the democracy"
The Albany Argus, New York Times,
and other leading Van Buren, prints, fall IN
10 the same confession Of the new faith, re.
nouncing the old one without struggle
The Richmond Enquirer, IS more wary, and
says nothing. The letter signed by the Sc
ven hundred is inserted III that paper under
the head Of " Incidents Of the day" and
with the passing remark, that the signs o.
the times Indicate, that the monetary sys,
TEN Of the country cxciles much solcitude
and some diversity Of opinion" There Is
no hint Of what the Editor thinks OF the
movement, or Of its effects, and We cannot
refrain from wonder that a most decisive act
Of the Tammsny party Of New York shauc
7 be treated WITH such indifference.