Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1838-10-13

WING PRINCIPLES.

after having been. for several years past. a con
test quite much about men as about measures
has settled down at last into great struggle o
opposing principles. in ccm,par son with which, al
merely personal conflicts sink into Insign i1cance
The great secret of political economy tor which
TINS country has been indebted 10 Its unparalleled
advance in wealth and civilization, and what is o
infinitely more Importance. Tor that far equality
among its citizens in social and political advan
| tages. which makes us. go much more than any
| thing else, tho envy and wonder Of Europe; tina,
great secret. TO which principally indebted
for present social and economical position, IS
the CREDIT SYSTEM system which has
been carried further i'll this country than any
where else, and a system, which in all countries,
found existing in exact pTopOrtion<o liberty and
general intelligence.
Intimately connected with the credit system,
grow ing out o: iand essential to tits the BANK
ING SYSTEM system; the full advantage OF
which we have never vet enjoyed, owing to the
absurd restrictions under which ignorance and
selfshness have combined to place it; system
which in the last fifty years has been made res
ponsible for a vast many things of which 1t was
totally innocent and among others, for those fuc-
tuati0ns in trade which grow out Of the very con-
sitution of nature, and for which, not the Banks,
but providence is answerable.
The present administration of tbs Federal Gov
eminent, by undertaking to intermeddle, for more
lv selfish purposes, with a sound and satisfactory
plus revenue, and obstinately opposing all plans
for its distribution, because II was loaned out,
through certain deposite banks, 10 Office holders
and political partlzans, being used indeed, as
fund for the maintenance OF the party IN power;
and when that distribution, IN spite OF their re-
sistance was finally ordered, BY an insane folly,
if not a malignant cunning, converting into
means of unparalleled financial pressure, what in
ADLER and honescr, hands, might have been made to
act as a means of relief; when by these proceeding,
the Federal Govern had involved the COM
munity in the most terrible distresses, and had
compelled the banks to suspend specie payments,
then all at once, with a treachery only e9uaiied
bv their total disregard for every thing except the
maintenance of their own power, believing that
the banks entancled IN difficulties from which they
never would be able to extricate themselves, the
Tories came out suddenly, and proclaimed as the
great principle of their party creed, the prosfro-
ton of the credit system and a ,oar Of crtermina-
ton against all banks.
This in fact is now the shibboleth, the counter
sign and war cry of the administration party; O.
penly acknowledged TO be by the more ardent
and candid Of the leaders. the Bentons, the Cal
houns the Rhetts, the Pickenscs, the Slams, the
Mings, the Fanny Wrights, and Henry Horns;
and but family denied or cIumsIly evaded by the
more cautious and cold. A complete counter
march has indeed taken place in the battle array
IF the Tory party. Those fanatical followers of
The camp, who hitherto were barely permitted to
shout and rave in the rear, the laughing stock Of
Ill the rest, and who were, every now and then,
kicked aside by the Globe, when
~ or their vagaries became nconvenient these
,ery men are now leading off at the head Of the
Tory party and the late leaders Of it, the Albany
A rous. the American Sentinel, the Richmond
ENQUIRER are to be seen dragging along IN the |
ear with about much dignity, grace and good
WILL as might be expected on so mortlfylng an
OCCASION But to follow is tho only alternative,
md f,r has
politicians the flesh pots Of E2ypt,-the loaves
md fishes, which they have so long grown tat up
n.-the seven principles OF their political creed,
ave a fascination not to be resisted
The great and leading object then of the Wing
artv is and must be,--to Withstand by every
means in our power, this torrent OF fanatacism,
elfsh hypocricy, ignorance, and executive infiu-
nee. which threatens to destroy and sweep away
he banking system and the credit system, and
To cut up by the roots the fairest hopes of lib
rtv end civilization. Here is great, glorious,
ll-important COMMON object, an object IN
,hich all the Wings every where, North and
outh, East and West, can cordially and Jealous
Y unite; an object having IN 1t nothing local,
o,hing personal, but which relates to and embra-
es the civilization. the advancement, the COIN
,rt, the liberty, and the equality OF all.
Who will dare to put in competition with an
biect like this, the personal claims OF any ind-
idual? Who will dare, when the great interests
the country are thus all at stake. TO stand ing
ling and hagging for the nomination Of this or
rat candidate? Is it TO be imagined for a mo
tent that the mercantile class. whose interest IN
,e susteutation of the credit system, though not
renter. il vet more obvious and direct than that
: the other classes of the community; the mer-
,ntiIe class which has always prlded itself and
OF without reason, on its superior knowledge, ,
,rewdaess and sagacity is 1t to be imagined that
,e mercantile class, in this great CRISIS OF their
vn and their country's welfare, is 10 stand chat
ring with the farmers Of Pennsylvania and The
Test about who shall DO the party's Presidential
.ndidate, and striving 10 outwit or outmaneuv'e
lem in the matter! .
No. we say emphatically no. Our enemies and 4
,e enemies of the credit system, have indeed I
tered themselves that should be guilty OF
ne suicidal follv and with the fattering JUNCTION
tina. hope, they have fondiy salved the many {
onnds they have received in their contests win I
. during the last twelve months. Bot We are &
IT fools; and so the Loco Focos will md to tneif
,rrow. The merchants and traders nor any othel
ass of the Wings, will ever risk the welfare OF /
). country. for the sake of advancing any andi-
dual: least of all! will they endanger the success
The united party out of any fancifu' rePugnanee
. man. at the last election the tavor'te candi-
re of the Wings, and over whose success they 4
'emseIyes were among the hrst and loudest to ]
,out.
r. It S.>~& ri