The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-04-06

ness of his exclusive anu uhsuT passed. ue'otoh w
his counirys welfare, agreeing irifh him IN ssnt.
m,nfs which his coui trymen have warmly sup
po,,ed. aud permitted 10 partake largely OF his
confidence. may hope that somewLa, Of the same
cheering auptubalion will be found to attend upon
my path"
Here we find Mr. Van Doren distinctly avos-
inc What the American People well knew before.
that he had been united IN the councils OF Zen
jackson; that he had agreed With him 10 ssnu-
nIents, AID that hs had partakcn largely oil ms
confidence This intimacy aud confidential IN
tercou-se could not have existed without The con-
currence of Mr.. Van Buren, 10 all those leading
and prominent measures OF his friend which fsla-
ted 10 the establishn ent Of q Government bsnk,
4 the overthrow of the Bank OF the United States,
the attack upon the State institutions, aud tie de-
nuncistion oil the paper currency, the sp'i OF mo
nopoly, and corpvr atoms. l. II credible 70 believe
tina, Gen Jackson should have aimed a, the &C
compishmsnt OF all those objects, and entertained
all these sentiments, without Mr.. Van Burens par
tcipationf
[ proceed TO another point Of powerful evidence,
in the conduct OF Mr.. Van Buren,, 10 respect TO
the famous Treasury ordrr. Thai otdef nae o.en
promul ated originally. in defiance OF The opinion
OF Congress, bsu been CONTINUED IN operation 10
defiance OF the wishes and v Ill OF the People, aud
had bs,n repealed by a bill passed at the last or
dinary session OF Congress By oyers helmine ma
lofltIos. The fate OF that ball Is well known. In
stead of being returned TO The House IN which u
originated, according to the requirement oil toe
Constitution. 1t was sent TO one OF the Plgeon-hoes
of the Department OF State, TO he fled away with
an opinion Of a convenient Attorney General, al
WAYS ready to prepare one in support oil executive
sncroschaent On the 5th ~ March last. hot
doubt vas entertained. az Iar as uiy knoa edgs %
belief extends, ths, Mr.. Van Bur.n would fcselnd
the obnoxious orGct. appeal Ia the Senator irom
Ml-.4Grt, who sits near me, Nj Linn, to The
Se,aipt from Mississippi, Sbo sits isflhest from
me-, NJ. NslAerl 10 the SsRstoF rom Alabams,
M klHg) aud To the whole OF the Admtns.lrA-
tion Senator'S j. such vas not the expectation OF
all OF then. Was there ever an occuslen IA which
ne~ Administration had 20 hnc an opportunity
to siguAllzs II. commencement By an act OF grace
and wisdom. demanded BY the best interests AID
most anIious wishes Of The People But Mr..
Van Buren, did not think pfopsf TO embrace IT.
He had shared Too largely IN the confidence Of has
predecessor, sgfeed TOO lvily With BAN 10 seutI-
msnts. had been too much united with him To h's
couusel., to trscipd SIT order ~hich constituted 70
essential part the system shich had been de-
lbersteiy Adopted TO ossfhto~ The State banAs
Another course pursued By the Admiulsu stion,
after the catastrophe Of tbs suspension OF specie
payments BY the banks, dcnIoasli Ries The hostile
PUT Jose towards them OF the pfcssnt sdtnihisifs.
ton. W hen a similar event bad occurred 5ufinE
the adntia isirauon o M Madison. did be discfed
u and GI,CountGn&ncs the issues oI tbs oanss,
b, refusing 10 fgceivs them 10 payment u the pub
lie dues Dad the Slat1 Governments. upon the
iotnsr the late ocession, rsisss 10 -eeeve them
IN payment OF the dues 10 them. re- positively -
Add ii bridesmaids bank notes are good enough
tor Stats Governments sud the people, ATE thSy
the same peopl- d, cIAciiRg specie, a. al pay.
Gaents to the General 1o,nHmsnt. that Go1ern.
nient ptes, uted itesli 10 ITO msraet AZ postfigi
and lottnieabe eonpetitor ith the banks, dsanAnG
ing speese al a moment " hcn the banks we're max
iug uns Iamplsd struggles to strengthen iseni.
selves, and p'epafe for the resumption Of sp-s's
J payments The extent Of thu. 1osrfnmsui de.
mand tor specie doNs not sdnh Of cIact ssccr,
iaInmeht but ubrn reflect that lhs snnaai
expenditures OF the Government Netr Of thu rats
including the Post Office Department. of about
thlrit hrsr millions Of collars and that lts nenule
made up either o. laxss bans. mus, be an equal
sun, makiug together an GF.ftRsss OF BittJ str
mi.iiSas, = ~ be thai tis ainoun Of spxelc
! qoifed Of the use Of Government must b. itn.
tnsnssiy large. Ii rsanoi BE- precisely determined
bal would no, be less probably Ihaa ha,sn Of
: tssnty millions Of dollars per Annpm. Nov.
: sPseie marked Ia competition ~Iih ali the .,
powef and inhaencs Of the Government 10 pFoylcs
: themselves with specie 10 a reasonable tlnpe lo 70
sumo sPrcie payments That competition Houid
have been avoided, 4, upon the stoppsEs ii the
banks, the note. Of those hose soiIdity there
no doubt, had been continued 10 bs received IN
paymeot o. The public dues, &c ~as dous 10 Mr.
Madison's administration. Ana ~hy Nj Pfss
: dent, should they no, have been Why sb.uld
not THU Government receive tie same description
Of medium which Is found 10 ansNe CT all the pur.
poses OF The scvefsl State Governments Why
shcald they have rssofted 10 The edieut OF ssa
SUNG an interior paper medium Ia the form u
Treasury notes and Refusing 10 receive the better
. notes Of safe sud solid banks DO ool misund.r.
stand 80, Mr. President No man Is more ayers.
than am 10 permanent inconvcrtbls psper me.
dium. II would have been as Temporary inca
sure only that should have thought Il expedu Ut
to receive the notes OF good loeA banks IT, along
: With that measure, the Treasury order had been
repealed and other measures adsg,ed TO eneoarags
and eoefes the resumption Of specie pas uents we
+ should have been much higher that dsstable event
than, fear We are. Indeed. Do not see whsn il
Is possible for The bank. resutas pscis paymsn,s
rs long as the Government is ia the Gsld, ma king
> war upon them, and IN the market demanding
= specie.
: Another conclusive evidence of the hostility 10
The State banks on the part Of Mr.. Van Bursn. II.
10 be found IN that extraordinary tscounend.t,op
OF bankrupt lae contained 10 his Message at the
extrs-sesslnn Accofdpg 10 all the principles of
any bankrupt system With which am scosa,nt
Cd, the banks, by the etoppago Of specie payment
had rendered themselves liable 10 ITS operation.
II The recommended Law had beea passed. com.
m'.s'sas OF bankruptcy could have bosn ,mmedi
aiely sued ou' again., all the suspended banks
Their assets seized, and the administration OF them
transferred from The several corporations Il Inch