The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1838-03-06


,;Hesq What sentiments what opinions, whHt
feelings are proclaimed by the thousands OF llu .
merchants traders, manufacturers ann '"oo' III
What is the united shout OF all the voices -. ~ az.
her classes? What IL, but that you wiz pu'
ao,yn hi. new. tangled Sub-Treasury SYSTEM
alike ocn 10 their interests and their ieennSe'"
once. and for ever2 What is ~ but tha' itl 'iiei-
CIV 10 the mercantile interest," the 'rauilg .oao os
the shipping interest," the maiiulac'ulIns ;W ,,;sn
tho Ioboring class and all classes, you VIII give
nm ,,sIess md pernicious political schemes ana
course of wise, and wholesome legls'ation p
proiects and return to Inc piaih' s'u'Sii'
FTbe sentiments Of the city cannot DE mlsuhuer
stood thousand pens, and ten thousand
tongues and n spirited press, make them oil
known. II we have not already heard enough
we shall hear more. Embarrassed, veXed, pres
sed and distressed, are her citizens at TINS mo-
ynent yet their resolution is not shaken, their sPr
il is not broken and depend npon ii, they VIII
not see their commerce, their business, their pros
perty and their happiness, oil sacrihceu 10 Pre-
posterous schemes and political empiricisnl' VIII
out another, and a yet more vigorous Struggle
And Hudson, and Albany, and Troy, ana oon. ,ha
ectady, and Utica-pray, sir, why may Iioe .,ie
citizens of these cities have as much weIgnt WIN
the Hon. member now, as they justly nau IN
1884? And docs he, can he, doupI Vi WIN
they think of his Bill? Aye sir, ond N9cnes.cr:
Batavia. and Buffalo, and the entire western
District of the State, does tho Hon. member sup
nose that he would be able, by careful search, TO
do more than to find, now and then, so rare
bird, MS a single approver Of this system?
Mr. Preside MT, if this system must come, lei II
come. If we must bow to it, why, then put it upon
us. Do it Do it by the power OF congress ana .'o
President: Congress and tho President have tho
power But spare us, beseech you, spare the Peo-
pie from the lmputaon, that it is done under clear
proof and evidence of their own appreciation Let
il not DO said, it is their choice.
Sir think there is q Revolution In pubic opin-
ion now going on, Whatever may be the opinion OF
The member from New York, or others think
the Fall elections prove this and that othor more
recent events confirm 1t. think IL is reVoi! u
ganst the absolute dcation of party, arevot against
coercion on the public Judgment; and esPecialy
revolt against the adoption OF new mschievous ex-
pedien,s, questions of deep public interest are-
volt against the rash and unbridled spirit OF change;
n revolution, in short, against further revoilion.-
! hope, most sincerely, that this REVOLUTION may 60
on; not sir, for the sake of mon, but for the sake
of measures, and for the sake OF the country i
wish it to proceed, till the whole country, with an
imperative unity Of voice. shall call back Congress
to the true policy Of the Government.
The honorable member from New York Is OF o.
pinion sir, that there only three courses open
TO US. We must, no urges, either adopt inns meas
State Banks establish National Bank. NOW,
Sir, suppose this be the gentleman states, then,
say, that either of the Others is better man ms;
would prefer doing almost anything, ana wouio
vastly prefer doing nothing, to taking this Bili.
need not conceal my own opinions am in
favor of National Institution, with such provisions
and securities Congress may think proper 10 guaro
against danger and against abuse. But the honora-
bio member dsposes of this, at once, by The decar
ntion, that he himself can never consent to BANK
being utterly opposed to il, both on constitutions
grounds and grounds Of expedioncy The Gentle
mans opinion sir, always respected, is certainly OF
great weight and importance, from the pnbic stu
ions, is it certain that majority OF the People O
tho Country agree with him, in this particular
think not verify believe majority Of ihe pe1P.'
National Bank, properly constituted, limited, ant
guarded is both constitutional, and exPodient, ane
ought now to be established. So far as can learn
fhree IF he Weafern peODle for ii. IhC
Representatives here, can tolm better judgment
but such is my opinion, upon the best Information
which can obtain. The South may be more dl
vded, or may be against National Institution but
looking, again. TO the centre, the North, and Tho
East, and comprehending the whole in one view,
believe the prevalent sentiment Is such us nave
stated.
At the last session, great pains were taken tc
obtain q vote, of this and the other House, agans
q Bank; for the obvious purpose of placing sucl
an institution out of tho list of remedies, and so re
conciling the People to the Sub-Ile asury Scheme
We'll, Sir, and did those votes produce any effect
None at all. The People did mol, and do not, carr
rush for them ! mover have seen or heard
single who paid the slightest respect to thos
votes of ours. The honorable member, to-day, op
posed as he is to a Bank, has not even alluded t
them. So entirely vain is it, sir, in this country, I
attempt to forestal commit, or coerce the publ
Judgment. All those resolutions fell perfectly dead
on the tables Of the two Houses. We may resolv
what please, and resolve it when we please; Blu
if the people do not like it, at their own good pleas
ure they will roscind it; and they are not likely t
measures, however plausible, which terminates il
deep disappointment of all their hopes for thei
own prosperity.
have said, sir, that in preference to this Bill,
would try modification of the State Ban
System; and will oheorfully do so, although ever
body knows, that always opposed that system
President, in my opinion, the real source of the
lies in the tone, and spirit, and general feeling
which have pervaded the Administration for som
years past. verify believe the origin is there Th
spirit, fully believe, has been deeply anti-con
mercal, and of late decidedly unfrloDdly TO III
State institutions. Do the leading presses, in fave
of the Administration speak its own sentiments
Ifyou think they do, then look at the language an
spirit of those presses Do they not manifest a
unceasng and bitter hostility to the mercantl
classes and to the institutions Of the States
certainly never supposed the State Banks fit agen
for furnishing or regulating national currency; b.
have thought them useful in their proper place
At any rate, the States had power to establish ther
and we have no right to endeavor to destroy ther
How is it, then, that generally, every leading Pres
which sunDorts the Administration. Joins in ii