Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1838-02-02

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We commend to the editor of the Democrat
and other consistent administration prints,
which formerly lauded so highly the pet bank
system, the following extract from powerful
speech delivered by Mr.. Preston during the
extra session of Congress-:
What, sir, is the arrogant and cruel language
which this Government holds TO the country
at this moments II has made an experiment
upon bank and the People, and has ruined both;
and now we propose TO leave the banks and the
People to.take care Of themselves, and we will
take care of ourselves! Boldly and calmly
this revolving proposition is announced by the
President, repeated here, and this moment
avowed by the gentleman from Pcnnsy lvania
(Mr. Buchanan,) whose whole defamation
has been TRADE against those very institutions
whom he and his fiiends seduced and debauch-
ed. The remedy he proposes is, TO cast them
back, polluted and dshonored, TO the States
and the People, for whom he considers them
good enough, not being good enough any lon
ger for the chaste embraces Of this most pure
Administration. Oh, no, no, pure enough for
this sef-denyiDg, virtuous, humble, and right
eous Administration, which, eschewing all adul-
ferrous connection with power, or patronage,
or spos, or banks, will be honestly married to
hard money, and, from its humble residence in
sub-Treasury, prove its virtue TO an admiring
and incfedulous People, by crying fie, fe, at
the State banks. Why, Mr. President, the
honorable Senator (Mr. Buchanan) who has
just taken his seat, was one ofthe loudest eluo-
gists of the State banks, from the day Of the
removal of the depostes up to this extra ses-
sion. He with the rest OF them auded the ex-
pertinent to the skies, de6ed the great expert
menter, and rapt in prophetic fire, predicted at
the beginning the most glorious results-the
best currency the world ever saw-the most fix
ell prosperity-a grateful people and triumph
ant Government; and then il was proclaimed
with exultation that prophecy had become his
tory; that all the flaming predictions of patriot
lie enthusiasm had been more than realized, and
that democracy, Jacksonism and the pet banks
had established political millennium Such
were the declarations Of the Senator, and those
who acted with him, up To the 4th Of March
last. And now, sir, in the short space of six
months, these very gentlemen turn short ground
aud with gravity which would be udicrous.
ifexperience had not taught us to feel that
their gravity is terrible tell us that this Gov
eminent has nothing TO do with currency; that
ours is the worst in the world; that the expert
ment has utterly failed; that the State banks
are utterly unworthy To be trusted, and unfit
10 be used as financial agents, that the People
must undergo another experiment and not for
moment imagine that, when il has failed like
the last, the experitnenters will turn codly up-
on them, agein smile at their folly, and advise
some new legerdemain, to amuse us for the
time, and TO enable them TO keep their places
For some years past, sir, ] and my friends have
been denounced as u. S. Bank advocates and
anti-State rights men, because we would NOT
attribute all honor and glory TO the State banks:
aud now, again we are denounced as II g.
Bank advocates and anti-State rights men. he
cause we will not attribute all sin and niamv
to the State banks; and when the wretched
system now proposed shall have served its hour
OF dissolution, and brought us TO an ayowed
Government bank, then we shall be denounced
in the same terms, from the same quarter. for
not acqulescing in this ultimate, inevitable, and
designed destiny of all these measures.
MonILE, Jan. 90, sSs.--RoJbery and MUIR
der::-We learn that the driver Of the u. S.
Mail was murdered on Friday night last with
~ mile and a half OF Stockton, and the mail
bags ripped open and their contents rifled.-
Inc bags We're found next morning in the
ne'ghbofhood. The stage contained the New
Orleans mails of "Wednesday and Thursday.-
And the mail Of Friday from this city. The
driver had two balls shot through his head
suspicion rests upon two men who had been
lurking about Stockton for some days previous
ly.--.adu. .sfs
The Postmaster General in an advertisement
in the Globe of Saturday night, offers "a' re-
ward of 5000 to any person or persons who
may promote the arrest and conviction of the
robbers and murderers, or any of them.
The Exploring Expedition has at length
uy Hook discovered a large flock Of wild geese
not down on any chart M n p;ra,o,e