The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1838-04-18

o. Read the .toIowing article,
schich ,ee copy from the " Y. EUg.
Post Of Tuesday, and see aohdt is
thought in .Ntto York of Mr.. Bid
dies late letter TO Hon. j. @. .AdamS,
and ,chat, eren Whig Journals, are
compelled 10 say Of his refusal to as
sist and cooperate soith The Banks
IN that city, IN commencing specie
payments neat month.
From the ". York Eng. Post o. April 10
Mr.. BiddIe's letter is generally received
here as il deserves. 1t has awakened a
mingled feeling of Indignation and derision,
indignation for lis misrepresentation, and
derison for its conceit. 1t is too much c.
ven for the wings. The American of last
evening, among other brief but severe stric-
lures on this document, says:
ave regret that, in avowing himself q
paper currency mau, rs may directly be in
ferred from this letter, Mr.. Biddle should
have so fulfilled the prophecies Of the En-
ecutice, which separated his bank from the
fiscal concerns of the State"
The Journal of Commerce says:
"The effect of Mr. Biddle's letter was
excellent on our merchants yesterday
Scarcely man was left who did not take
the attitude of utter reprobation of the let
ter, and Of stern resolution to sustain our
own institutions in the honorable course
which they have marked out Much as Mr.
Biddle commisserates our depressed and
crushed condition, there are very few men
here, who would be willing to exchange
pecuniary positions with the constituents Of
Mr.. Biddle. His advice that the legislature
should be urged to extend the suspension
law very few are dispose, to adopt. fire.
sumption is to crush us here still more, we
are so infatuated as to be of very differ
ent opinion"
We seek resumption as boon, as The
only relief from the evils we suffer. That
boon we intend to have, and it is not in the
power Of any body to prevent it. We are
confident that all the East will join U.S.
Since Mr. Biddle's letter, we must perhaps
despair of getting the South with us at pres
ent, but the day is rapidly approaching
when the people of the South will call the
institutions which disgrace them and trihe
with their interests, 10 n rigorous account.
In that day they will crush every party and
every man and every institution which sup
ports the doctrines of Mr.. Biddle's letter."
The same paper says ALI men of f.
nancial sagacity will see without showing,
that the positions of Mr. B,ddle A II T.
FALSE AMI NCEDnurS r,n THE
COUNTRY AND HIMSELF, AND
RUINOUS TO BOTH IF PERSIST
ED IN. The letter seeks to make politics
Of the question, and saws the Banks cannot
resume while the government remains hos
tile. MIR. Biddlc seems to have forgotten
his declaration at the time Of suspension,
that be would 60 on to strengthen himself
and be ready to take the lead in resumption.
The government may be hostile to the
Banks for aught we know, and probably is
to the U. States Bank. But under pres
ent circumstances, the hostility Of the Pre-
sident is ns imperative and impo,ent as
that of Job Haskell, and we have no doubt
that II ATTY party attempt to sustain the
Banks Of MIR. Biddlc in the doctrines of
his letter, the people WILL BURY THEM
so DEEP UNDER THE MOUNTAINS
OF PUBLIC INDIGNATION, that sun
shine will never visit them again. 1t is
idle to sophis,ica,e the subject. The state
of New York understands it and so do
the people at large.
The Commercial is silent, il does not e.
ven sllude to the existence of the letter.
The Express publishes 1t without word
Of appreciation. The Courier and Star, iu-