The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1838-05-22

power and patronage enters the field lnarshals al
the 'fathlnl" its Standard shoots deserers al
who fly, and marches on crushing all who dare op
pose
There was a time in the days of Jefferson-ir
/ the good old days of real democracy, when an Oil
Ger of the Government interfering with the freedom
of elections or attempting to influence the popna'
| will, instantly dismissed from office. 1t was
the cardinal maxim of the administration of TINS H.
lustrious man ''that an officer who would attemp
to use his powe and influence to control puohc
opinion should at once lose his office. rms was
the fundamental law of Jetlersonan Democracy
Now, sir, those who claim to be the exclusive dem
ocrats of the land have reversed this law Inc
maxim at present is 'that the officer OF the Eenefa
Government who does not all his power and IN
huence to control the people shall be forthwith DIS
missed" Hence, sir, we find in the office holders
all the Union those who fight the political pat
ties of the administration. They must DO IT, Aney
are bound to do it-and they do do II
In the election which resulted in sending me as u
representative of the people into this hail. the office
holders of the general government OF my own ana
the neighborng districts were the persons VINO pore
all the heat and labor of the campaign and d'd al
speech making against me- Not only that, SIT, Dut
at least one person residing here, in the city OF
Washington-in this grand seat of Executive pow
er, holding lucrative situation under the govern
mont, having his employed here in government
Departmental left his family, travelled one huhafeu
and fifty milos get INTO my district, and theie
mounted the stump, became an open moutheu
brawng advocate OF party power, caleo upon tne
| neODle
master in Washington. Sir, if such scenes are Ia
miliar to us now what will take place whenyou make
four times the number Of ofcers,an place millions
and tens Of millions Of public money In their hands?
NV heart shudders at the contemplation!
Mr. Chairman, l have shown that TINS system is
the engine of tyranny wherever it exists and that
the examples of other nations urged upon us by lis
advocates, are all derived from despotsm.
They urge another argument in favor Of this
measure, which consorts in all things with the one
lust mentioned They say that the effects OF this
scheme will be to destroy the whole system OF cred
it. 1t is true that wherever this 'sub-treasury
most narrow and limited scale! Nor is this singu-
lar Recoect that this system prevails onlysin
yrannies. The absence Of credit rs one Of the grand
Characteristics Of despOtSm all oOe'the ,oOrid -
Every body must know or can know, II they WILL
thai well regulated credit system and despotsm
never have, do not and cannot exist together. 1t
IN alters not what the forms of government may
be, if system of general credit prevails throughout
its whole extent, the heart and SPIRIT ct desposm
must be crushed and broken.
There is no credit system in Russia, Prussia, Aus
tria Denmark, Sweden, Spain, Turkey, nor IN any
other country under heaven where the people are
in chains and Indebtedness, misery and degrade
ton Nor is this all The converse OF the propo.
sition is true. There is no country IN which wen
re uated credit system prevails where the people
are in bondage. 1t is a fact no man having any re-
spec for truth can deny, that just IN proportion as
sound credit system prevails in any country, In the
same proportion The people in the enjoyment OF
happiness and civil and political liberty
| The reason for all this is very obvious what is
credit? 1t is trust, confidence, benet ana ialtn ia
the honor and integrity of man. 1t was the hrst
kind of money upon which all other money is found,
ed 1t existed before paper or letters were dreamed
Of and long before the metals either precious or
base were extracted from the gloomy bowels OF the
earth. c
In the early stages Of society, men obtained from
each other the product OF their labors by barter or
exchange The artizan would exchange his wares
| IL. L,,,h, l,rnn /
bread and had nothing at the lime to give In ex-
change the farmer giving credit 10 his integrity,
would furnish him with bread stuff on his promise
to give his wares in return when convenient. MS
credit was, therefore, the only money then. IL was
nothing but confidence of one man IN another! In
order to get his confidence credit 1t was necessa-
nv that a man should be honest. linus II improved
the morals of mankind The more 1t was used the
closer did IT unite men in society; because 1t made
men. in degree, dependent upon one another, and
made each individual interested in the welfare OF
The whole Thus it encouraged the kndler SYM
patbies and humanlzed the human iamiiy' "heh
| it passed from hand, in other words, when the
farmer passed the promise Of the artiZan to his
neiahbor for something that he wanted OF MN, II
became circulating credit or confidence; ana as that
became widely extended from man 10 man, IL uSs'
clated together into one family and In one interest
the most distant inhabitants of a whole empire
Thus, sir it becomes the bond OF society. 1t IN
PRODUCES man to his fellow and gives mutual contl-
dence Itpromotes travel improves the country,
a
the mental faculties, expands moral and charitable
feelings, uu,es men together, by the gentlest but
strongest of all ties, and teaches them their power.
This is the reason why credit and despotlsm are
never found together 1t makes men too strong for
Tyrants! Were it possible to difiuse at once,
throughout all Russia that credit that provalls Ia
this country, the iron bonds OF Russian des,
potism would be burst asunder as by magic, and
The Russian serf spInging at once into the full Dig
nity of freedom, would stand erect and unshacked.
it is the policy of Tyrants to keep their subjects
apart. They for weakening the ties that bind
them together. They are for disconnecting every
man from his Notwithstanding hlm to stand isolat-
ed and alone: sowing the seeds ofjealOusy disruSt
and individual disunion, destroying all monailons
and making every depend alone upon the Sow
eIeign power. -,
This state of things cannot exist with credit
system Credit gives men one interest, makes them
depend upon one another and combines them into
one irresistible whole. Therefore it is that despots
are at war with credit. They must keep men apart
in savage barbarous, desolate isolation. The mo-
ment a common interest, given by common un-
Outstanding and mutual confidence combines them
10 in n