Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1837-07-31

W OOt, OCs ~ bOth lbSStiONoiy -
marked that, since wool is down, the V. Is.
farmers begin TO pull the wool from their
ewes. This is, we believe, TO no small de-
gree true, and hence the administration
prints labor TO blind the farmers, in proper
ton as they are anxious to see the light
The last Patriot hOurishcs a handful Of
,OoOi, and does its best TO blind its readers,
by going back to the pressure OF 1884, (and
even beyond that, to some indefinite peri
cd, of which the editor remembereth very
ndistinctly y and charging the depression
of wool to the - Janki 1t is by far too
late in the day to try TO convince the peo-
pie Of Vermont that the bank produced the
pressure of '34 they Justly attributed that
calamity to the removal of the deposites by
Andrew jackson, in defiance of the Con-
stitution, Of Congress and of two Secrcta-
ries of the Treasury. But let this pass
dare the Patriot assert that the bank has
produced the pressure how? Perhaps II
dare do it, and in defiance of the columns
that paper has contained within few
months, about OvcrIradinT, speculation and
all that. 1t is fact that the bank has done
its utmost to preOent the present pressure,
bv extending literally its aid 10 the New
York merchants. 1t is fact that the sus-
pensions began with the pet banks, were
succeeded by the National Treasury ITSELF
and finally forced the bank also to suspend.
The bank has been the victiDi not the cause,
ol the pressure. The people Of this c0un-
lry have at least common sense enough TO
know that the Government is alone respon-
sible for this calamity: it is alone response
bile because it alone possessed the power TO
prevent it. If even the banks, or the mcr-
chants, have pursued course SO suicidal
as they are falsely said TO have pursued
the goverl,nlcm is TO answer, that ii has
been So wrctchcdly weak, or ignorant, or
blind or reckless, as 10 have permitted
them TO do it. But this is not the fact: the
gOuernDlent--itS mai-administra tlon-its
wild eXperimcnts-its disorganiHlng and
destructive schcmes-itS reckless disregard
of the admonitions Of wisdom and expert
ence--has hurled the nation lhto bankrupt
cy. The people Of the nation are but reap
ing the fruits Of misgoUeynment the far
mers, by the loss on their wool, are paying
the price which has been cXacted by the
"experimcnts" Of political quacks.
We wish TO suggest little matter TO the
Van Buren, men for reflection: you admit
that there IS pressure and that it is neces-
sary that there be furnished remedy
What is that administra tion-whicl you
have supported, and which the Van Buren,
presses are endcavoring to force you to be-
lieve is not the cause Of dlstress-we ask,
What is that administration doing to bring
about better times? Your wool is on your
hands-t is now worth but little more
than half what it would bring in ordinary
tmes-and you know that this results from
the state Of the currency aud the prostra-
ton Of the manufacturers What is the ad-
'aini'trat'on doing TO effect remedy? What
usba 40 - ,I.,a, - La,.a
gle movement it has made-rhere a single
indication has 10 giucn, that 1T ,ciH do anu
thing for relief? There is no spot nor
place whence relief can come, but from the
GOVERNMENT. 1t is its duty and its
privilege to act-but, we repeat the ques-
lion, tchat IS Is doing? We can answer
the question 10 the best of our knowledge !:
NOTHING! NOTHING As if panic
struck at the fearful calamity which the EN-
ECUI1VE, just past and present, has
brought-or, as if entirely regardless of the
sufierings of the countryside only indca-
lions are that the cabinet has no settled
scheme for relief. Your party, which eleva-
ted Mr.. Van Buren, TO the chair, is engaged
in chickering's and quarrels; your presses,
trumpet-to ngued in defending the Govern
mcnt from blame, are silent as the grave as
to relief You may gness--y0u may con-
.jectare but you, and the people. knoW
nothing of what the Government will do.
Perhaps, the President is weighing the
popularity of this scheme or that, and cal
culating the effect this or that course may
have ON his political destiny. Perhaps, he
is waiting for Congress to devise its own
methods of relief Perhaps, he is hoping
that the Wings will take tho responsible
ty' Of rcscuing the country from the calam-
ily into which Jackson and himself have
taken the responsibility of bringing it
But this il all mere conjecture. Yes,-
while the National Treasury is in fact una
die To meet the demands upon it, in any
thing but dishonored Treasury drafts
while the monthly expenses are nearly dOub-
lie the amount Of the monthly receipts of
The Treasury; while the Indian annuities
cannot be paid, and The country is threaten
cd with an Indian war; while commerce is
crippled and business Frustrated; while
the banks arc nearly or quite all suspend
ed; and the farmers themselves are suffer-
ing their share of this tremendous national
atilction-the course, the measures, the pol
acY of your administration, are all matters
of mere and sheer CONJECTURE The
political sin Of commission, in getting into
such dilemma, was great; the sin Of omis-
sion, in not getting speedily out of it, will
not be less; nor can it fail of Icing justly
attached to the administration.
More disagreement among doctors. The
Washington Globe, which once predicted
the adjustment of bank rags s. the substi-