Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1838-12-20

To The Editors of Ue .Vei0 York Express -
the same paper my old friend MIR. Dwight
printed a spell ago.

'em-Uncle Sam took the notion Of writing
Congress Letter with his own hand, and
send you true copy ont. Uncle Sam thinks
il is equal 10 q new Declaration of lndepend-
ence, and don't know but it is tho l want
ed him to make it a lectlc shorter, but he
wouldn't. He thinks it best for me to tit the
"Two Pollies" with steam kttles as well as
sails; and cruise along the coast as long as
possible, whilst he takes care Of matters and
things here s'for," says he, "Major there
are not only Land Rats but 'Water Rats.' !"
Howsever, think things will work about
right. Uncle SANS Congress will git hold
of the right eend of matters shortly, and un-
twist the tangle and if this don't the next
will. So no more at present from
| Your friend,
Downingville Miltia, I'd Brigade
To CoNGREss.-The time is como, when
| if you don't do something to mend matters,
you best stay Mt home after this session, and
iurn to and hoe corn and dig potatoes. or any
other useful employment, and let other folks
take your places, and earn dollars day in
putting public matters to rights. The time
is come, too, to speak plainly, SO that there
may be no mistake.
come before you, that require sharp looking
to,-the first and most important for the pres
ent, is the best mode of collecting the public
money and taking safe cure ont after 1t Is
collected. Now on these, matters, we have
had some half dozen Messages and Vctos,
as many dozen Treasury Reports and Circu.
lars, and VIC are now as far from security and
truth as we were when the Experiment be-
gan, and all goes to show that there are only
two ways in all matters, the right icay and
the Wrong ray, and when yeu start ,crong,
things only get worse and worse SO long as
you persist in doing wrong, or try to make
,crong right by another wrong. The right
way seems To me so simple, that any man
who can't see it must be too great booby
to represent forty thousand freemen; but IT
it should turn out that what describe as the
right way should prove to be ,orong, then
am willing to be set down as the greatest
BOBBY among all my people. l don't mean 10
be led or misled by Messages or Reports,
such documents, as far as figures and facts
90, tell their own story, and ! suppose are oil
correct, bat SO far as their opinions and rea-
Sonings 20, every man is at liberty to adopt
them or drop thcm,-if, therefore, my opln-
ions or reasonings don't exactly agree with
the opinions and reasonngs OF these Mes
sages and Reports, or if by chance, should
scrape off some Of their sharp corners or
straiten some of their crooks, hope no one
will see cause to complain about lt,--as
greater number Of honest folks gain more by
the correcting Of on error than other folks
lose by being put right.
A little over five years ago things were
working right in the money way, as well, II
not better, by a system fx'd on twenty years
before, than the good men who agreed on
that system expected all worked well, and
all branches of industry prospcred equally,
and none went ahead of the other,-no ex.
traordinary speculations,-Io jumping into
fortunes. But this system did not suit some
folks,-"a change must be made, e,"--"the liberty
Of the country acas IN danger,"-and so Il
change was made,-and pritty change was
made of and it has been changing ever
since from bad to worsc,-and now we are
told that the cause Of all this evil is "orer-
trading al home and Abroad" and that is true
enough,-but what brought the country to
overtraIing? I'll tell you: when the Gocern-
nlent put aside and destroyed the only system
that for twenty years before had kept in
check the spirit of overtrading, which natu-
rally belongs to all free countries of industry
and enterprize,-what did the Government
do? Did it furnish a safer system? Did it
say "here we have now large revenue year.
ly increasing in the Treasury because the
public debt IS now paid otf,-let us divide 1t
off among the States to be applied to useful
purposes, and set to work at once and take of
duties till we bring the revenue down to the
amount needed for the honest expenses OF
| the Government ?" No, this was not done,
though it was attempted after it was too late,
nd thap .tn For % fret
| thing that was done was TO order all the
Banks where the public money was deposit.
ed, to lend it out freely, and ''not cramp trade
began speculation and overtradng, and over
imports. Merchandise came in by millions
and added millions of revenue, which by Or
der, was lent out, and of course, brought in
more merchandise and rcvenuc,-the public
lands next took start, and millions were
pour'd into tho Trcasury,-till the amount
alarm'd every body-speculator and Govern
mcnt and al, and then came the remedies
more violent than the disease. "Specie Cir
culars" at one point, and u law TO divide the
public money among the States at the other
and ,rhere was the public money and ,chai
was it,-was it in Gold and Silver in the
Treasury? No, not dollar Of tit was
rerenue collected IN paper, and by order lent
out in paper and invested in Jou,,liess specu-
lations-aH paper, and al at once ordered by
law to be paid up in Gold and Siiper and
dozen Nth all Bdnks"-and then come
sMAsH-and it would have been the same il
raccoon skins had just then been made only
Unconstitutional currency"
| five want gold and silver to pay the cx-
penses Of Government, let there be nothing
but gold and silver received by the Govern
ment, and then both ends will be sure 10
mect-but if you adopt this course, the first
thing to be done is to knock off at least two
thirds, If not three quarters, of all the wages
of public officers aud all other expenses OF
Government, or else, calculate on adding
about twenty millions of Treasury notes an
nually To your public debt--ond then after
a few years you will find Treasury notes ms
cheap and plenty as they are in Span,-or
tax the people openly and fairly, aud let them
know what they are paying.
One thing is certain, The industry Of the
country cant prosper without good MONEY
and there is no getting on without credd--ii
you destroy credit you destroy nine tenths Of
the industry Of the people, for about nine
tenths begin tho world without moncy-and
are put ahead by credit. Good paper money
IL good credit, and it is ns much the duty OF
| cnnurpss In ndopt N svsfc m, thnt shall furni "A