Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1837-07-31
From the Charleston S. Q. Mercury.
OVERTRADlNC.


The time for assuming "WGighiy rcspon-
sibliles" has gone-lhe Globe ana Clio
buIcs will not even allow JACKSON the cred-
il Of having done any thing at all. The
destruc.iun Of the United Sla'es Bank, the
Removal ufthc Deposits, The imporiatons
OF 40 millions Of Gold, The Matching 500
Banks from the Treasury nest, the gather
iug 0f 10 millions Of Surplus, the Specie
Crcuar-alI The astonishing measures by
which the Great Tinker promises 10 make
an entire new ship out OF the ruins Of the
old one, have, according to the Globe, died
withut issue. For the Deposits are dead,
aud the Deposit Banksand the Deposit sys-
ienj-ihe Surplus Revenue is dead The
Cold is dead and hurjed-the Treasury
Circular already s'rickel--aI this the Globe
knows, and every body knows, but he will
have ii they sneaked out OF existence with
out drawing a tear or sob from any living
soul--that they "died and made no sign"
The Globe holds the cause Of an earth
quake to be the grounds suddenly opening,
and the cause OF the present calamlties TO
be "Whg oycrtroding." This 10 now the
reignng spectre--the last war cry--and in
The echo and reAecho OF it, the Adminisira-
ton are to bury the remembrance Of for
mer experiments. Amidst the general an
hilation fall things, GIVING oyertradiug"
stands, in the vision Of the Globe, ike the
"last man" in q at Of the poet. The nigh
Ivy fnanccers have toiled s. irettcd and boas-
ted for six years, have overturned all things
and now the best defence they can make is,
that they have done nothing at all! Alas
for the 'intujive sagacty" Of "the great
est man Of this or any other age " How
has he ended in smoke Tom Painc's def
milton ofgenins, will hencelorlh be a detini-
ton Of "ntuitve sagacity." cit goessiup
like a meteor, or comes down-like a,,stick."
The grca, mans "lo0steps" are all blot
ted out. or rather il is denied that he has
lett any track at all. What will little Mar
tin do? How can he follow where there is
no path? lie will be lost.
This may seem playing with words, and
yet ii is but fair statement of facts. II
JAcKsoN's measures have not produced the
present disasters, what effect have they
produced 1t is very certain that they
! have not prevented the evil. When the
/ Gsreat Tinlsoc resigned his afEee, and ME
! tools, he pronounced the country prosper
Gus and happy-he took the credit OF it.
! his successor spoke in The same tone--he
promised 10 keep us prosperous and happy
| in the same way, and give the glory to
/ JACKSON. The Globe declared that there
was no pTessure--the money was plentieI
! than ever--and he too gave the glory Of il
! to Jackson. 1t was unIenable, then, tina
ON the 4lh of March, the whole gang o
Thinkers claimed the entire credit Of having
brought the country to the condition II
which it then vas. They fiercely denieC
that there was any distress--they said al
things were just as they wished, and tia
it was alliTHEIR work. The causes, accor
ling to the Globe, have entirely changed
since that time yet so irresistible is il tina
the mischief has resulted from "tamperinl
f with the currency" that in denying JAcE
SON to be the author OF the evils, the Glob
/ is obliged to deny that he has tampere
with the currency" "Who then has tam
pered with the currency" asks the uficig
paper in a tone that means to make the in
le.rogaton pass both Ter an argument an
a denial. What is tampering with the cur
rency. Mr.. Globe 'sIt is meddhng with il
sir--it is changing lit is attempting
] turn good currency into q "better
: "improyng" the currency for six years
. and atthe end six years, leaving 40 cul
rency al all. II must be bold man VIII
! dares 10 say JACKSON has not done all thi
! II is too late now 10 Jake from him I'll
r crown which he challenged on the Alh q
r March There has been no ''overtrading
- since that time, aud who will be so unGeI
Y erous as to take from him his boast that b
e his "humblc efforts" the country had bee
$ brought to such condition Of "prosperl
= and happlness.'