The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1837-04-12

On Wednesday next the annual election
Of general officers Of the state government
for the coming political year will occur. As
yet, there appears to be no direct opposition
to the prox sustained by the democratic
party. Are our opponents disheartened
Or are they only waiting for more convcu-
lent season.
1t may be that they intend to reserve their
strength for August, when representatives
to Congress are TO be chosen. Perhaps they
have come To an understanding with the
leaders Of the constitutional party, not ,c
foil them in their projected reform, if tn,
constituticnolis,, will throw their weigh, In.
to the whig scale at the fall election. Sucl
coalition would not be at all surprising tc
those, who know how well the most active
conslitutionalists agree with the wings on
questions of national concern.
But whatever may be the object of those
politically opposed TO US, there i. but one
course for us to pursue--and that is to sus.
tain with undiminished zeal and activity the
principles, for which we and our friends
throughout the Union have heretofore sue
cesstully contendcd. We must not. be-
cause the presidential election has been glo-
riously consummated, abandon all further
exertlon. Ii is no time to be idle, or to
slumber, when the enemy is in ambush.
The embarrassments which now cast u
gloom over the country, are the results of a
specializing, gambling infatua,ion which the
late administration cxertcd itself as far a.
possible to suppress. Over-banking, over.
trading and wild spirit Of speculation, pre-.
vn''ng in the greatest degree among III,
party opposed to that administration, hay,
brought upon our heads the storm that +,
now raging. Had the government been il
such hands, our present difficulties mich
have been delayed, but would have burst up
on us at last with teniold ruin.
The wisdom of the measures pursued b,
the late administration is now confirmed
py bitter experience and the present Ex-
ccutive has additional incentive 10 fulfil tn,
pledge he gave, to follow in the footsteps OF
his immediate predecessor. The legisla-
lures of the several states, impressed with
the truth of the suluiary principles avowed
and practised by the late Executive, will he
more cautious in legislation, and will en-
deavor to re strain tha, tendency to excessive
banking, which has chiefly produced the
present crisis.
In the cloud that hangs over us-in the
very gloom which surrounds us, there is
cause for the democracy to strive with un-
diminished ardor for the permanen, triumph
OF their principles. There is nothing in the
doctrines of democracy, which could in any
way have fostcred such extravagant schemes
for The rapid acquisition of wealth. or have
led to such destructive consequences.
True democracy advocates equal rights
and privileges. il would have legislation
exercised, not exclusively for the rich or the
poor, but for all alike. II is therefore the
opponent ofexclusive priv
''eges-ofa paper currency-o Of monopolies
IN every form. II has waged, and ever will,
'ncessant war against the undue preponder-
'nce of huge capitalists and greedy spccu-
aiors in the affairs of government. 4, look.
or public virtue, for honesty and in,elI.
,cnce, chiefly to the middling classes ofso. !
ety. Ii exerts itself to pcrpetuate political
'owcr in the hands Of the farmer, the ne. I,