Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1838-06-28

action. 49,,
But, sir, you never contemplated these
banks in any other light than as your tools I;
ond from the first, your purpose was 10 use
them just long enoughto bring round the pc
riod when your great, plot having ripened m
10 perfection, should be revealed to Congress
amd the coun,ry--when with the same rcck-
isssness that marked your conduct when you
put the foot of your 'illustrious predecessor"
upon "the neck Of the monster," you were
prepared TO put both your feet on the necks
Of these banks. Butu pretext was necessa-
~. II had been contrived in the specie cir
cular. You knew this mischief working in
strument would compel the banks to suspend
specie payments, and having by its instru.
mentality forced upon the banks this result,
you were prepared to spring upon them as
your victims, the moment that result was
known. Aud now, those hitherto "faithfnl
repositories Of the public money" upon whom
such lavish comnendations had been bestow-
cd, were denounced as base and treacher-
"hs But your own condemnation sounded
even To your own cars too feeble, when you
sought the more deafeniDg effects OF the
lions roar. Whether you procured the let
ter 10 be prepared for The signature OF Gen.
Jackson, or prompted him 10 employ some
body near him, is not known, but certain II
~, the wrath Of that poor old man, though he
had gone into "riiiracy," was made TO boil
over with no diminution OF the vengeance
that was the principal ingredient IN all his
destructive purposes toward the Bank Of the
United States. In that letter those pet banks
that Amos had presented TO you both, under
forms so lovely, and with virtues so attractive
and imposing. and which had been, as the OK
il, before he is led To tho slaughter, dressed
mp aud taken about for show, attended by
music, aud shouts of the highest colnmenda-
lions, we're denounced by him Of the Hermit
age. IN connection with the merchants, as
guilty Of "unparalleled treachery and per-
fdy - in this overture of wrath you bcheld
The screen of which you avallcd yourself. to
shelter you from the Indignation of th S 1
great interests which you had thus wantonly
assard. When in Office, You took care IN
all that was Law less, TO keep President Jack.
son in the foreground, that upon him might
fall the public censure-and now, when he
was out of office, you contrivcd to use him
in The same way, and for the same purpose.
Tbs arlitice, sir, is peculiar 10 you, or
rather no man living ever practised 1t with
equal skill. II n mere fox, you reasoned,
shall venture forth into the field to meet the
iebUke OF the mercantile and banking inter
'sts, that have so trcacherously assaulted, !
shall certainly be vanqu,shcdand perhaps de-
stroycd. But il give proef that the lion Is
s.Ill at my command, and can contrive 10 make
him roar terribly and in my defence, my po-
salon will be strengthened. Hence the let
ter from the Hermitage, from which went
forth on the opening Of its seal, the memora-
BILE dc6nncIations against the merchants and
the pet banks-"U unparalleled Lcachery and
perfidy."
The United States Bank being down, and
tho pet banks under your feet, the way was
wide open for the presentation of your cor
rupt, but darling scheme, Of a nb-Treasu-
ry." Body aud form were now given to that
hitherto namelcss something, that had been
for some time floating amidst the slime of
presidential and official slang on banks and
banking. 1t was at one time indicated 10y
this dcsignation :-"An institution founded
on the credit of tho Government and its re-
sources" At another il was darkly shadow
Cd forth as ga bank with the necessary Off
GERS, as a branch Of the Treasury depart
ment." The truth is, the elements OF tins
foul Treasury monster were begun to be col
lected so far back as lS'D-nnd they were
seen then to deform the annual message OF
President Jackson. But now "the party"
having been well drilled, and made familiar
with this odious monster, 1t was sent forth
with life, and offered to the acceptance Ola
hitherto deludcd, and now an oppressed and
suffering people. And while ! write, your
IIessian bands in the Congress, and out OF IT,
or. engaged, heart and soul, striving TO place
. this dcyourng monster upon the breast OF an
sreody PROSTATE country. In The halls OF
Congress, conspicuous above all other things,
flies the fUg with its letters newly gilt, upon
Ill strn
wards for the fsithfn;" while throughout the
land the fingers of your instruments are seen
pointed to the "sub- Treasury" as a rich in
hcritance for all who may assist IN ITS crea-
,ion-and in your very presence is seen the
Globe pouring forth its gross matter, 10 swell
If it can, the corrupt current till it shall sweep
away the landmarks of liberty, and involve
the country in ono widespread ruin. And
all this, sir, to perpetua,e your dynasty, and
keep the power and money of this hitherto
glorious nation, for your aggrandlzement, and
that Of your party.
Well sir. if you had plotted this or any
other contrivance, and consummated your
purposes without throwing ruin, broadcast
over the land, as you have done, few if any
would have regarded your experiments
But, sir, you have contrived and carried on
this scheme OF wickedness at the mighty cost
of the suflerings Of the whole people, and the
dishonor Of the nation. 1t is this, sir, ofwhich
the country complains-and it is for this that
n free people are rebuking and despising
you. The rank corruption of such motives
IA influence you when connected with the
consequences that are at this moment falling
like showers of fire on the prosperity and
hopes Of men, will continue through all time,
10 associate your name with the worst and
most hated names known to history. There
may be derived by you one consolation-and
that is, the companion whose spirit and yours
are so cokgeniaI, that will go down with you
in close fellowship: need not name that
parsonage to you, but for the information of
the public, TO whom inscrbe these letters,
] will name him-"A Amos, the Heaven born"
have some other matters TO present to
yon. which will take the earliest opportuni-
iy Of submitting for your consideration.
JOHN HANCOCK.