The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-10-31

T0reyno, Penning ton.-The following sound and
valuable extracts from the message oflhe Governor
of New Jersey should be generally circulated and
read. They are sound and unanswerable:
"It is source of wonder that there should be
found, at this day, intelligent men who condemn
paper money and the credit system. All experience
establishes the fact that in proportion 10 the increase
Of the productive Industry of any country, have its
paper and credits been increased and extended;
while Is not less certain that restricted currency,
such as the Sub Treasury scheme proposes, would
eecually repress the spirit and cripple the energies
Of free and industrious people whose capital is to
great extent made up OF skill integrity, perseverance
and mutual confidence. II the occasional abuses of
The banking system are 10 drive us back TO metal
lie currency, all industry save that which is neces.
sary for bare subsistence, must cease. Universal
stagnation Of business must ensue. The rich, hav-
ing all the actual money of the country in their
hands, will put their own price upon it. regulate the
value OF every commodity in the market, and fix
the rate Of wages. The young man who has no
other capital than personal industry and character,
must be content to abandon his hopes Of advance
ment. Enterprise will lose its energy, and that bold
spirit, which has carried life and activity into the
wilderness, levelng the forests and adjoining the
streams of our land with ourshng towns and cities
will no longer live TO animate and bless u.s.
"The most mischievous of all disorganizers are
those who encourage and foment ealousies among
the different conditions of society; the demagogues
who seek to array the employed against the en-
ployer, the poor against the rich and one branch
of society against another. Such men war against
the peace and harmony Of the whole, and should be
held up Tor universal condemnation as The common
enemies OF all There is no truth more obvious
than that all prosperous communities are made up
Of every variety Of condition; each has his allotted
sphere Of usefulness and there is mutual DEEPEN
dence and relationship from which none are exempt,
and which constitute harmony OF interests that 1t
were worse than madness TO disturb.
In this country, in an especial manner, the bal
lot box is an instrument Of great power. To keep
that pure should be our constant aim. The laws on
that subject well designed if put in force to
guard against frauds. They restrain the candidates
for Office from influencing votes in their favor, and
impose penalty upon all men who shall attempt to
exert any improper influence, threats or violence,
others in the exercise OF the elective franchise
more recent statute also imposes penalty on any
person who shall knowingly offer vote at an cleo
lion when not entitled. These laws ! am crediby
informed have been most shamefully disregarded.
Large sums Of money are lavishly expended in the
elections and il is believed that the power and pa
tronage of the Federal government are annually
brought TO bear upon them. The people of the
States have certainly been taught by example and
preccpt, to identify the great interests Of the country
with those Of the party which controls it, And in
the progress Of these parzan it is probable that
the nnrighteous end is often made 10 justify the
most Inscriptions means. Every guard in your
power should be thrown around this most sacred
right Of freemen. This is weak point in the po-
itcal edifce and should be protected with all the
zeal OF the most ardent patriotism.