Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1837-05-09

uu NlUtVS W us pGI)uldtluHi H4rt SUspthutu
payment, il is enough to despond The Stout
est hears."
10. An immense number OF law suits a
rising from contracts and sales engenderCd
by the speculative spirit created for loans
OF the public money, by which thousands
of families have been ruined"
The Timcs.--The failures that have taken
place in our city within few days, have
cast gloom over the lace Of the whole
community. Houses whose resources were
thought almost unlimited, and whose cred
it vas though as unmovable ar the lOunda-
tons OF the mountains, have gwen way be-
fore the pressure. The glorious experiment
Of the national government sweeps every
thing before it; lis tremendous energies
are developing themselves in the general
suspension 81 business and the destruction
of the property Of all classes OF ciiizens.-
Boston Courier.
The Tuscumbia, n. Albanian, Of A.
pril 7th says;-
1--WE dislike TO prophcsy ILL., but we are
compelled 10 express our fears that, not
wihslandIug the distress already spread a
broad we have as yet lcI' only The first fit
iul gusts Of storm that is destined TO
sweep with irreslibIe force over The inter-
csts and prosperity OF our counlry."
The Rochester, N. Y. Democrat, oCA-
pril 2Gh, informs us that the Common
Council Of Rochester are about 10 suspend
all further improvements in that city, such
is the peCunary distress of the community
there as every where else, in this once hap
Ply ana prosperous country.
The Delaware State Journal, Of April
20lh, speaking Of the distress CT the times
and the Specie Circular, says -
"a more infamous delusion never was
praclised upon any people. The Globe
may parade IN its columns the treasury
statements Of large imporialions Of gold and
siver-it may shew il on paper-but where
is IT.! Do the people see :l-do they handle
it's it in more abundant circulation than
lormerly--or are bank notes in less circula-
ton than they wcrei Every one can ar
swer these questions in the negative"
The Portland (Maine) Courier, OF April
10Th, contains the following sensible reAec-
tons:
Every one who has eyes 10 see, and
ears 10 hear, and honesty enough 10 ac-
knowledge the conviction Of whal he esand
hears, will not deny that the country be-
gins TO feel and 10 realize the dstrcses
predicted by those who have from princ-
pie and patriotism, opposed the mad schemes
OF the ruling party. Money is loaned at an
enormous rate Of interest, al rate that will
soon lreak down all our business men.
These evils are now fell in our cities, and
will soon extend their influence into the
country. Such disiresses are always first
felt in our large commercial and manulac-
turing towns, and next fall upon the far
ming interest and injure that.
"A!I the arrangement in The currency, all
the dsresses experienced as the result,
were as clearly PORTED out before they hap
pened as they can be now thai they have
happened. And they have all sprung from
a series OF foIlies beginning with the des-
,ruction of the United States Bank, ending
with The famous Treasury Order. The sill
", but combined, crusade, against small
bills, has aided TO bring about the present
alarming state of things.
eff The rulers OF the land have taxed the
powers Of their mind TO the utmost 10 devise
measures calculated 10 bring distress upon
the public, they have been eminenlly sue
cessiul.-And they will no doubt rejoice
when they see how their schemes work.
The crash OF every commercial house will
he music to their ears. They will revel a.
midst and Gloat over the distresseA of the
people, and cry out "ihere is no distress
which an honest man ofour party would re-
greet" And they have the satisfaction OF
seeing, il Ecy can discern the signs of the
times, that what is now transporting is only
the beginning OF SORROW"
The Baltimore Van Buren, Republican of
Saturday, April 22d lets slip the following
We do moi belong to the tribe of alarmists,
but when confidence is impaired between
town and country it looks blue.
Al Salem Mass. the Whaling Business,
as at New Bedford, begins TO feel the pres
ure- The Last Salcm Gazette says -
although retrenchmcnt has been the or
der Of the day, both in business and eXpen-
diture for many months in Salem, I'VE re-
greet To learn that one operation Of our excel
lieut. system has been to occasion the saspen-
so mol labor on several whale ships which
are getting ready Tor sea-
The Newark IN. J) Daily Advertiser,
SAYS:
The people hcgin to see and feel HAT
they have been misIed by false pnd selfish
councillors; that the Peter Currency
which they were Promised is delusion & Il
cheat, and that the Government have been
iegiSlaing, nor for the honest industry and
honestly earned property Of the country,
bat 10 the broker, The capitalist, the specu.
,ltor, the gambler in politics, anil The gam
bier in stocks
The Albany Evening Journal, in reply
In a remark of the Argus says:
And npW in 1897 we have so millions
Of specie in the country instead Of twenty.
And what else have we with III What
are tie blessings il has brought in its lraini
Instead Off better Currency we have one
so bad as 10 he next 10 none al all--EX-
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