Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1838-03-23

would be left und,siurbcd To strengthen
themselves. And. 2lly. confidence would
be restorcd by luking off The dscrcdit and
disconn'enanc nee thrown upon all banks by
the Government. Aud why should these
notes not be so received! They are ns
good as Treasury notes, il not be'ler.-
They answer all the purposes of the State
Governments and the People. They now
would buy as much as specie could have
commanded at the period of suspeusion.-
They could be dlsbursed by the Govern
men,. And finally, the measure would be
temporary.
But the true and only efficncious and
permanent remedy, I socmnlv believe. is
to be found in a Bank Of the United States
properly organized and constituted. We
are told that such ba1k is fraught will,
lndescrlbable danger; apd that the Gov,
eminent must in the sequel. get possession
of the bank, or the bauk Of the Govern.
ment. oppose to these imaginary terrors
The practical experience Of forty years.
oppose To them The issue of the mcmora-
BILE contest, commenced by the late Presl
dent of the United States, against the la,e
Bank Of the United States. The admins
traitor of that bank had been without sc>
rious fault It had given no just offence
TO the Government, towards which ii had
faithfully performed every financial duty.
Under IT'S able and enlightened president
IT had fulfilled every anticipation which
bad been formed by those who created it:
President Jackson pronounced The cdlct
that It must fall. aud it did fall against the
wishes Of an immense majority of the
People Of The United States; against the
CONVICTIONS Of It's utility entertained by q
large majority Of the States; and to the
prejudice Of the best interests Of The whole
country. If an innocent, unofiendlng, aud
highly beneficial institution could be thus
easily destroyed by the power o. one man
where would be the difficulty Of crushing
it, if it had given any real cause TOR Just
animadvcrson? Finally, oppose to these
maginarv terrors the example deducIble
from English history. There q bank has
existed since the year 1894, and neither
has the bank got possession ofthc Govern
men,, nor he Government Of the bank. -
! They have existed in harmony together
I both conducting to the prosperity Of that
! great country; and they have SO existed
and so contributed, because each has avoid
Y ed chcr,hng towards the other that wan.
ton aud unecesssary spirit Of hostility which
. was unfortunately engcndcred in he bosom
h Of the late President Of United States.
c am admonlshed sir, by my exhaust ct
e strength, and fear, BY your more exhaust
$ ed patience, to hasten to a close. Mr.
# President, great, novel, and un'rled mea'
# sure is perseveringly urged upon the accep
Y tatlon of Congress. That it is pregnant
4. with tremendous consequences. for good OF
e evil, is undenfnble and admitted by all
:. We firmly believe that it will be fatal I,
the hes, interests OF this country, and ulli
t ma,cly subvcrsive OF it's Liberties. You
g who have been greatly disappointed in 9th
e er measures Of equal promise, can oCl
- hope, in the doubtful and uncertain future
u that its operation may prove saluary. -
5 Since it was first proposed at the exirs
e session, the whole people have not had at
" opportunity Of passing judgment Upon !
- at their elections. A. tar as they lave
!" they have expressed their unqualified dis
v appreciation. From Name to Mississippi il,
!. condemnation has been loudly ,hunderet
T. forth. In every intervening election, til,
ID administration has been defeat cd. or it,
ID for,ner mniorItlos neuiraliZed. Maine has
e spoken New York Pennsylvania, Mary
le land, Ohio. Rhode Leland, Mississippi an
10 Michigan, all these states. IN tones ant
ID terms not to b. misunderstood, have de
l. nuunccd the measure. The key.sion
y state has twice proclaimed her rejection O
ID II; once Il, the polls, and once through he
m Legislature. Friends and foes to the nd
70 mln-rralion have united II condcmning it
5 And. at the very moment when | am al
s, dressing ynn: large meeting of the lat
v. supporters Of he administration, headed b.
lie the distinguished gentleman who preside
- in The eecloral college winch gave he vot
2. nf that patriotic state to President Va
ST Buren,. are assembling in Philadelphia t.
Y! protest solemnly against the passage Of hi
de- bill l. it right, that, under such circum
10 stances, it should be enforced upon q re
al luc,an', but free and in,elligen, people
Do It right that this Senate, constituted as
i. now is should give its sanction 10 The mea
to sure9 | say it in no dsresprciful or taun
@, ting sense, but we are entitled according
n to the latest expressions Oft popular vii
le and in virtue of manifest al ions Of opino
81 deliberately expressed by state legislature
n. to vote of ihlrIy-tivc against the bill; an
nj am ready to enter, with any senator friend
" " to the administration, into details, /
I'd prove the assertion. VIII the Scna'e the
r bring upon itself the odIum Of passing thi
III bill ? | lmpore it 10 forbear appeal I
rs he instructed Senators. Is this govern
ne mont made for Us. or for The people and tn
v. States whose agents we are? Are we no
ic bound 80 TO administer it as TO advanc
their welfare, promote their prosperity, an
re give general satisfaction? Will that So
" cred trust be fulfilled. if the known sent
Q, men's Of large and respectable communiie
III are despised and condemned by those WHOM
" they have sent hcrc' call upon the hon
'h orahe Senator from Alabama, Mr. KING
IN with whom have So long stood in The pub
il lie councils. shoulder to shoulder. benrin!
d. I'D the honor and the alnrY of this grea