The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1838-04-17
g. Al. norer IN. I'D ENQUIRER.

y e",,,srce agriculture, manufactures and the
oahon;c arts, dourished, and every branch OF
;,,e,'s,rv received its sure reward. we had the
hest currency in the world. dollar IN New
t,Is',nshire was worth dollar in Louisiana, or
, otber Of the most distant parts ofhe Union,
n3 could be RENTED there for one quarter of
ne per cent. We had mixed currency OF
snecie and paper, which was sound and good,
and which, if any hard money man desired it,
could at any time be converted into Gold. We
were swe! General Jackson came into power,
and he said we should he 'beter! He under
took, among his ten thousand other schemes for
mending the manners, and improving the morals
of the country, to reform the currency. The
Bank of the United States, which had been in
successful operation under different charters wih
one short ntermisson, almost from the adoption
of the Constitution had excited his wrath and
proclaming that it was monster dangerous to
the liberties and iniinical TO the institutions OF
The country, he said tshould be put down Ihis
hostility first arose ia consequence OF the refusal
of the Bank to let its Branch at Portsmouth BE-
come the tool of one of the Presidents toois-
MIR Isaac Hill Isaac wished 10 control tllat
branch as he has controlled almost every thing
else in the state for The last ten years, and to use
il for his unholy purposes; AND because the
Bank Indignantly resisted his attempts TO obtain
ihe control of it, the war cry was raised against
it! An institution which had been first chartered
during The administration Of WASHINGTON,
which had been rechartercd during the admin
inistraon OF MAIDS ON, and which had received
the sanction of all the leading statesmen of the
country,--of Jefferson, Monroe, Adam, Calhoun,
Clay, Crawford, and even of Martin Van Buren,
was discovered by doctor Jackson, somewhere
about the year 1880, 10 be unconstitutional and
not only unconstitutional, but dangerous land
not only dangerous, but Monster with more
heads and horns and claws than whole mena-
gerie of wild animals doctor jackson told us
all lhis-and more than oil lhis-~and more than
49,. hal .I,l
furnish a sound and uniform currency! Put
down the Monster, he shutdown with the
rag Bnronsn land my people shall have Gold
Gold shall swim up the Mississippi Gold shall
glsten in every mans purse and every mans
wife and daughters shall travel on Gold These
were the magnificent promises How have
they been redeemed? The Bank has been put
down, but has the Golden Age arrived? Our
currency, from being the best, has become the
very worst IN the world. Rags and shin lasters
"a second edition Of the odd con,inentaP-is
now paper money, and forspecie and yellow
boys'-we havc-iackGsS coppers "A currency
so worthless that the heggar in the street will
hardly accept it as charity unless you make him
Il handsome disco
The pet banks, which were to furnish us with
better and more uniform currency than the
United States Bank, have failed, utterly failed TO
redeem the promise which was made in their be-
half Most of them have been Frustrated by
Their connection with the governmnenl,-hav
become insolvent and bankrupt, unable to pay
twenty five cents on Il doIlar--and their bills
hardly worth the brown paper on which they are
printed are now scattered over the land, curse
and nuisance to the people.
The pet bank humbug having thus mseraby
exploded, in the very hands of its contrvers, we
are now told that the Government must he sepu-
rated from ali connexion with Banks--that the
Government must take care Of itself and leave
the country to its tute-that the People look to
,i,,, fnp fnp ,ucht Nov
right it tells them, to expect that the Government
will furnish them with sound and uniform cur
rency; its only duty is TO see that sufficient rev.
enue is collected to maintain itself, and pny the
office holders their salaries in GOLD! Was this
the design for which this Government was form
ed ?-merely to support some fifty or one hun.
dred thousand Office holders ! Was this the OBJ
ject for which the patriots of the revolution fought
and died? If this the only object, the peo
pie have nothing to do but toll and pay taxes,
and submit to any tyranny that may be imposed
upon them.
This Sub-Treasury Scheme is utterly repug-
nant to the genius and spirit of free govern
ment, and if it is ever imposed upon the people
of this country, they will be slaves indeed! In
every nation where similar system eXists-in
Russia, Austria, Turkey, A giers--the people are
ground into the d.st-'chained to the brutes and
teered to the soil and are boush and sold with
the earth upon which they toll.
The bill for establishing this iniuuitous scheme
has just been forced through one branch of Con-
gress. 1t has been shorn of one of its most OBJ
jectionable provisions it is true but enough of
evil remnins to render it obnoxious in the eyes of
every man who has any regard for the prosperity
and freedom of the country. What It's fate may
be in the more popular branch of Congress, re-
mains to be determined 1t is to be hoped that
the Representatives of the People will heed the
remonstrances of the People, which have gone
forth from every quarter against it, and prevent
its becoming law.
The PoTToN AFFAIR. Until the following doc
appeared we had not heard that the correct
Iess of the account published respecting the ARRAY
which occurred at Potion, L. CT few weeks since
was ever doubted. We are glad citizeus par-
cipated to greater extent than itappears they did
an the transaction, and cheeriuy contribute our
snare IN correcting the that have gone abroad