Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1837-05-19
Fom the Boston Com =
THE ExPERIMFNr :. ua',Ik


i, We have at length rec ans Pa
The suspension of specie ' Oas aas
Bank Of the United S,a,.ip ayneu
genee is important as ind;S S, Ta
Bank in the United States !; r',Ils Ay
pend the payment of specie '0C a.
Bank in this country,-pan Iha
that there is no Bank in TX y U nykI
conducted o.l: with more ability o "1M
intrinsically souDd-in O,6 y, VI lAaa
more competent TO pay all Il. d So'ds
OF the United States. Al i. I S ia
the most experienced and mos "'aa'at
hnanciers Of this or anv o,S s a''oai
olas Biddle its presidr1, - age
tellectual strength, in .Gsr - = l'ssi
Directors are among the mo u'es
practical iinanciers in the | Ds'. =
stockholders are among the m "au'n
men in this or any other cOuU', V" 's y
not only men of wealth, but Of NJ y
honor AS body, thew mas FasI
as the very pillars of the we'll, h '''a
commerce OF the nation. nj
Indeed there is among all i0,.,r,...
but one opinion in regard to lbs m
Jackson and Van Buren,. M, o wf'''
opponents Of the admiuis,,.,;oou W.!
opinion that these measure, hui a
wise, but its very par.izans a nave 80 ''q
admit that the experiments of a.. ~,
have entirely failed in their obis.' . y
the business portion of the nation >,
ed TO the lowest degree Of em I -
and suffering. The pei Baaks r,yS
first 10 yield 10 the pressure and 4.
quence has been a universal la''.
specie. The immense sum, ~
drawn from the safe Golfers Of G.D
the United States, have been plues !,
keeping IN Banks, which are por |,
answer in specie. In fact, the g..
the Treasury himself is, at this ips,.]
ute, unable 10 tell where the fa0I n
Government are deposited, oruLaI.,J
their own chosen Banks are abe 4 n
his drafts for specie, for the use Of Al
eminent The Treasury draft, 4, 4
hare actually been disionOr,d h n
chosen Banks, and that This s,r, n
there IS IN port a National Fiissb 4
for sea, ioith a National Enron S,5 n
ay on board, tchieh has found il dSJ
raise a te,c thousands Of dollar, i. II
In fine, Tie GOVERNMENT ITSELF ma
TIN Van Buren, at its head, Is At md
MENT BANKRUPT, and crippled to 4
miserable extent, as 10 have toupda \
RAISING TO raise funds for ordinary Nh,
The favorite fiscal experiment d N
Jackson and Martin Van Buren, hara
fore utterly failed of success in pncu
has proved abortive in The NOS n
manner. The great branches Of ,sur
have been paralized, the leading M,
turing establishments have been ,ua,I
and il has become necessary TO dx1
the mass OF workmen--lhe hrual
planters have been unable 10 rrsEr,
for their great s,aples,-ihe mech,nn|
been compelled 10 abridge their orn|
and all classes Of laborers have cad
find the usual employment ADDED d
general stagnation Of business, The ca
ment has los; control Of the vast surpa
enue. which had accumulated, add ts
eral States will lose the sums Of n
which as surplus revenue, was sDiaI
be distributed and divided equally ~
the people Of the several States
1t will be remembered that this ;uDlu
the amount Of nearly forty millions d
lars. was by an act Of Congress oHss
be divided equally among the Peep ID
several States, in four quarterly insalu
Ito be paid on the first Of JlnaF
April, of July. and Of October Bdr
these instalments have as yet been rts
two other payments remain to b "
over. Now we undertake to say, lha =
the first of July arrives, the insalnS'
due, will not be paid Mark lhsd'
sion, ii will not be paidl Whml
money! What has become oil IL y
left in the custody Of this admlnslr'ln'
Have they pocketed it,-have they a'15
ed tor have they placed il IN lrI''ra
hands 2 We ask for informaIiOnto I ~
eft of the people. What has betOnsaI
money! The people will most saas
hold them responsible for it, and i i J
forthcoming at the time appointed The :
ought TO resolve forthwith, that they 81
honest, unworthy of confidence, 'na %
petent TO administer the affairs oil ~
nation. In a word, the admlulsEa'SSl
ALLEN into bad hands, and the soOnsIu y
sting powers are put down the Nei'I'i
people.