Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1838-02-16

Focos--the English Radicas-who began
war against all Banks--in favor Of mis-
named equality -advocaiing hard money
hard money-exclusive specie payments
experiments, SC. This party were opposed
to the u S. Bank-so were the Administra.
lion, and thus union was brought about
between the two parties. The Message OF
the President in September--the squirting
at bankrupt law in that message-whch
law the party with all its nerve has not yet
had the courage TO bring forth--It is these
measures, conlnued Mr. T., this war upon
the Banks-lbis union with Loco Focoism
this denunoation of men who did not be-
lieve as the parry did--it is this which has
prostraled the counlry.and brought us where
we are. Here is the cause Of our distress
es. Your specie circular. your iron hand
ed, gripping execution OF the law has done
it and because all Of us do not do as we arc
told TO do, and swear enmity TO every thing
not destructive, we are rbed-denoun-
ccd-impeac and mpaled There is to
be neither freedom Of speech nor freedom of
thought without dcnunciation-bit per-
sonal, vindicalyc-and we who will not
walk in the footsteps OF the illuslrious sue
cessor Of the more illustrous predecessor,
are to have imprecalons heaped upon our
heads because we will not do what the En-
ecutive bids US do.
In another part OF his speech Mr.. r.
snd-we are called Conservativcs-w heth.
er in honor OF derision care not. We arc
called by some Conservatives" and called
so because our numbers are small Sir,
must say that think the name OF Conser-
valivcs" much better than " Sub -Servaiiyes,"
which name has been rendered 10 the friends
of the SubTrensury. We have also been
called what we are, a Spartan Band, and
when my colleague asks me, as one OF that
band to surrender my arms, must give
him the Spartan answer, Come aud take
them"
Had the President continued Mr. r. re.
commended the Stale Banks instead of the
scheme. he would have found
supporters. My honorable colleague would
then have raised the banner Of his country,
the stars and the stripes, instead of his
banner of gold and silver.
In conclusion, il these things are 10 be
persisted in here continued Mr.. Tallmadge
-iitbese experiments are TO 90 on--I warn
gentlemen 10 remember the ldes of Novem.
Der, when voice will be heard in New
York from the Atlantic to the Lakes. loud
rs the roaring cataract which pours IFS tot
rents in tones Of thunder over her western
borders
Mr.. Wrigh; briefly replied, BY saving
hat be believed his colleague had misundrr. !
stood the presden, in his remarks upon the
State election of New York. | decline, !
however, continued Mr.. w. entering upon
! discussion upon this subject, because il is
oreign TO the bill before the Senate.
Mr. Clay said he arose 10 express his |
hanks TO the Senator from New York for I
he comments he had made upon the Presi-
Tents Message in regard 10 the recent cleo
ions in New York. The remarks Of the
President were unprecedented. and allow
ne to add, continued Mr. c.. undignifcd.
His coleage, in declining 10 meet him up.
N that point, has proved most truly that
discretion is sometimes the better part of
'alor" The chairman of the Commute of
finance declines discussing this question.
BECAUSE, he says. the matter is foreign to the
'lll before the Senate How came the Pres.
Dent then, in his message to Congress, 10
Interfere with this subject, If il is an alien
natter Sir, said Mr. Clay. solemuIy de.
laie that II the President had said of the e.
eciions in Kentucky wha, he has said of the
lectons in New York, | would not have
Uttered one hour to have passed over my
ead without having introduced a resolution
efore the Senate speaking of this act ofthe
Executive in the terms in which il deserved
D have been SPOKEN OF did even consult
'iIh others as 10 the propriciy of introduce
ng such resolution, and was only prevent.
d from doing so from the fact that the Pre-.
lden, had not made his remarks about nv
wn State
Mr.. Wright briefly rejoined 10 the re. !,
nurks Of Mr. Clay, and said that the Sena.
)r from Kentucky had stated a very good
ule. which was, that discretion was the
etier part OF valoT." He will allow me TO
ID that he put the rule fully in force when
e thought II not wise to have introduced his
esolulIon condeming the Executive
In the House. United States Bank Az
n Severa private bills, the bill which pas. {
I'd the Senate yesterday in regard to the
Stension of the time for the settlement of I
'e affairs OF the late U. s. Bank was Ia,
en- up. 1t simply intends 10 prevent the I
batement ofsults for aud against the Bank :
eyond the two years prescribed BY law, az |
II the 4th OF March next, when The two !
ears expire I
Mr.. Evans, of Maine, pressed the orders a
the day, which we're the further consider q
ION of his bill for taking preliminary steps I
II the settlement of the North Eastern v
boundary. Mir E. resumed aud finished
is speech
Feb. 9. The nomination of Mr. Mullen. "a
nrnh ne A1;ni.,.. DI..;.......- i. n