Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1837-05-16

GONE COUNTRY-ONE CONSTiTU.
TION-ONE DESTINY"
But, gentlemen, it is the currency, the cur.
rency of the country,-It is tins great subject
so interesting, so vital, TO all classes Of the
community, which has been destined 10 feel
the most violent assaults Of Executive Power
! The consequences arc around us. Not nn-
fore seen, not unforeod, here they come.
bringing distress ioI the present, and fear and
alarm for the future. fit be denied, that the
! present condition Of things has arisen from the
Presidents interference with the Revenue, the
lirst answer is, that when he did interfere, Just
such consequences we're predicted. 1t was
then said, and repeated, and pressed upon the
public attention, that the interference must na-
cessary produce arrangement, embarrass-
mcnt loss OF confidence and commercial dis
tress. pray you, gentlemen, 10 rccur TO the
debates OF 1889, 1888, and 1884, and then TO
decide whose opinions have proved to be cor
! rect When the Treasury Experiment was
first announced, who supported, and who OPP
posed in Who warned the country against
! in Who were they who endeavored TO stay
/ the violence of the party, TO arrest the hand of
! Executive authority, and to convince the peo-
! pile that this experiment.; was delusive; that its
Object was merely 10 increase Exc cuiive Pow
or, and that ito eff, ct, later, must be
runous
Gentlemen, il is fair TO bring the opinion oil
political men 10 the test of experience. 1t is
just 10 Judge Of them by their measures, and
their opposition 10 measures and for myself
and those political friends with whom | have
acted, on this subject Of the currency, | am
ready TO abide the test.
But before the subject Of the currency, and
iis present mos embarrassing state is discuss.
ed, invite yonr attention 10 the history of Elk.
ecutive proceedings, connected with it. pro.
pose 10 state 10 you a series OF facts; not to
argue upon them, not 10 Distify them, not r.
; draw any unjust inference from them; hui
: merely 10 state the case, in The plainest man
ner MS understand it, And wish, Gentle.
men, that in order 70 be able 10 do this, in the
, best and most convincing manner, had The
ability of my learned friend (Mr Ogden) whom
. you all have 50 often heard, and who states biz
{ case, usually, in such manner, that wher
| stated, it is already very well argued.
| Let us see, Gentlemcn, what the train of oc
! cunenccs has been, in regard to our revenu,
! and finances and when these occurrence
: arc stated, leave 10 every man the right L
. decide for himself whether our present Difficult
: ties have, or have not, arisen from attempts (,
e extend The executive authority. In giving thi
e detail, shall be compelled 10 speak of the lat
= Bank Of the U. S. but shall speak of il his
, iorically only. My opinion Gifts utility, an,
: oc the extraordinary ability and success wit
o which its affairs were conducted, for man
o years b. fore the termination of lis charter
0 well known. have often expressed il, ana
Q have not altered it, But al present | sneak c
n the Bank. only as il makes necessary part i
tho history OF events, which wish SOW 10 re-
capiluIaic
Mr.. Adams commenced his administrator
in March, 1926. He had been elected by III
is House of Representatives, and began his ca
/. recr as President under strong and power
| hl opposition. From the very first day, h
e wac warmly, even violently. opposed in all hi
measures and this opposition, as we all know
j. continued without abatement, either in force {
e aspcriiy, through his whole term of four yerr
e Gentlemen, am not about 10 say whether III
opposition was wei or i'll founded, just or VI