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

,ionably intended 10 secure 10 the people cIrcn-
l.,ing medium of gold and silver. But the esisb
li,b,rept of a national bank BY Congress, With the
pryilcse of issuing paper money receivable In pay
men, Of the public dues, and the unfortunate course
of LEGISLATION in The sevcrr States upon the same
subject. drove from general circulation the cons'i-
tu,ioual currency, and substituted one OF paper
IN its place.
"The mischief springs from the power which
the monied interest derives from paper currency,
which they arc able to control; from the multitude
of corporations, with exclusive privileges, which
they have succeeded in obtaining IN the different
States and hich employed altogether TOT their
benefit and unless you become more saichiul IN
your States, and check this spir, Of monopoly aud
thirs, for exclusive privileges, you will. ia the end
find tina, the most i'm por,ant powers ofGoyernmeni
have been given or bar,cred away. and the control
over your dearest interests has passed into the
hands of these corporations"
but il will require steady and pcrsevering ex-
ertions on your part 10 rid yourselves OF the 'niqu
ties and mschiets of the paper system, and 10
check the spirit of monopoly and other abuses
which have sprung up with u, and OF which y Is the
main support. 30 many interests are united 10
resist all reform ON this subject that you must not
hope tina, the conflict Will DO short one, nor sue
cess easy. NY humble ,ifofs have not been spared,
during m, administrator of the Government, tn
restore the constitutions currency OF gold aud al.
yer, and something | trust, has been done towards
the aecomplish of this most desirable object.
But enough yet remains to require all your eUer-
~ aud perseverance,. The power, however, Is IN
your hands, and the remedy aust and will be APP
Piled, i; You determine II F"
The mask is nov thrown off, and he boldly says
that the constitution oil the UnIied States Hnqats.
iioaaLy intended TO secure TO the people circu-
latng medium OF gold and silver They have not
ennyed he says. the benefit, because al the es,sb.
iishment Of national bank, and the unfortunate
course Of legislation va The sereral States. lie
doe. no, hunt his condemnation OF the past policy
OF his country to the Federal Government, OF
which he had just ceased TO be the ehlsi, but h,
extends it to The States also as II they were ncon'-
pelsnt 10 Judge of the Interests of their respective
citizens. lie tells US that the mischief springs
frou the power which the monryed Interest de-
rIves from paper currency. which thoy are sbv
10 contro and the multitude OF corporations; and
he stimulates the people 10 become more satehful
in their several States, 10 check this spirii OF
nopoiy. To nylgoratr their toftsthds, he tells tho
people thai At III require sieadt and Persevsring
exsfilpas on their part, to rad themselves oil the
iaigHiliss and nssehiefs OF ihe PaFer system, and
To cheek tie spIfH Of monopoly. They Hlust not
hope that the Conflict viii b, a Short one nor sue.
cess easy. It's humble cfJrts have not been spared
during his administration, 10 RESTORE the eon~iitu
iioua currency Of gold aud silver; and although
be Ia. b.on she 10 do something toaa ards uts &C.
compishment d that object. saoagA YET remains
10 r.qalfe all the energy and perseverance, 81 the
people.
Such, VIZ. President are the proofs and the az.
20 ueh' On which | rely 10 establish the second
49,. \
crrng. Are they not successfully maintained |,
It possible that any thing could be more eoneiu.
sive such subject
| pass to the consideration OF the fourth propo-
silloB.
4 That the present Administration, by acknoa l.
Judgments enauauug from the hishcai and mo-t
authentic source, has succeeded to The principles
plans and policy, OF the preceding AduinlaIa
ton and stand sOlemnly pledged 10 complete ant
perfect them.
Tie proofs on this subject are brief; but thsy
are clear, direct, aud pleLaty. II Is impossib,
FOR aus Unbiased mind 10 doubt Tor a tuomsni
bout taem. You, sir, ~ill b. surprised, when
shltl array them before you, al their I,feststib,
force The first thai | SHAH oder Is an exttAc
from VI Van Buren's letter OF acceptance OF III,
nomination OF ths Blltimor, Convention. dated ha
2jd ls3j. Ia that letter be SAYS
{" j c"etcni myself, on this oecsslon. With say
ing that Consider myself the honored ,Hstrumsnt
selected by the friends Of the pre-ept AdutuI.ira
ion, ts carry out us principle and pocy aud that
as we'll from inclination ltoH duly ! shall
honored With the choice IT the Auctican people
eudravor generally to follow IN The ft,otsiep. .
President Jackson, happy ii shall be able TO per
fec, The sOrk which he has 50 eiorl0usiy Legaa'
VI Van Buren, announces that be vas tbs hon
OF ~, -, a.. 40
sent Administration 10 carry out its principles an,
poIic,. The houored instrument! That word
according 10 the mos, approved d,hurlon. mean
tool. lie vas, then. the homo ID tooi-lo do hat
10 promote the homer and sdyance the vel are, o
the People Of the Upucd Safes. aud 10 add TO III,
glory o. be country No. no : his country VA
NJ, ~ ms thoughts Party party, filed the plac,
m his bosom which country should have sceapiec
lie WIS the hon0red tool 10 carry out the prlnci
pics and policy Of Gen Jack sous Administration
and, II elected, he should, a. well from inclinatip,
as lfo0 duty, endeavor, generally, 10 tread in th
footsteps Of Gen. Jsckson--happy II he should b.
able 10 perfect the work which he had go glot lous
ly begun. Duty to whom; 10 the country, 10 tn
whole People OF the United States No sucl
thing but duty to the friends Of the then Admin
l-tratlou and thst duty required him TO tread II
the footsteps OF his iIlusrions predecessor, and Il
perfect The work which he had begun Now, tn
Senate will bear in mind that the most distin
guished features OF Gen. Jack,1n's Administra
ton related 10 the currency that he had denounc
ed the banking institutions Of the country; tina
be had overthrow the BaRk of the United States
that he had declared, when iha, object accom-
plIshed, only one-half the work vas completed
that he then commenced war against the Sat
banks ~ order to finish the othsr half, that h
r. RFpII n nd pry ai,m D.
iavorite Projec, Of great Government, Tressur,
bank that he retired from the Office Of Chief Mag
is'rate, pouring cut, in his farewell address, ana
themas against paper money, corporations, an,
the spirit Of monopoly. When all these thing
are recnllecisd Il il imnnss lhln NM u