Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1838-05-24

10 break lance with US in defence of Mr.
Craig's letters on the subject of The curreu,
cy. We do not know that any advantage
could result from controversy between US
especially as the editor has not seen Fl, 10
publish our article on which he comments
and We must therefore decline il. There in
besides, such palpabls misrepresentation OF
eur remarks in the article of the Democrat
that justice to ourselves utterly forbids an
encounter on principle so unfair and iilib.
eral.-Io show our readers how we are dealt
with, We make the following extract:
"a vast deal is said about 's,inkerine with
the currency" "experiments," &c. The
"tiukering" has brought upon the country
all The llis which now affiict il; it has pros
ducsd the irredeemable paper with which the
country is now cursed-it has left us nothing
but shin plasters. In what does that ,ink,
ering consist Why we are told, IN the ve-
10 OF the Bank Billiard in the removal OF
the Deposites. And yet, strange as il may
appear, IN the very next pnragraph, it is sta.
ted that when jackson went out of office, he
ieit The patton prosperous and the people hap.
py, with forty millions Of surplus, The
-.
last in 1884, yet when the President went
out OF Office on the 4th March 1887, we were
ic a most prosperous condition. How is
ms! These measures SO ruinous, so de-
stfuctlve OF all the interests of society, were
succeeded by season of prosperity unex-
ampled in the history Of the nation. How is
The Spectator TO reconcile these inconsisten.
| cies How can he charge the Suspension of
specie payments upon The tinkering with the
currency, and yet admit that all was fair and
prosperous on the 4th March 1887? We
hope he will explain"
Now, we ask the reader, as special IA
YOUR, to refer 10 our remarks. aud see wbs.
Their we "stated," as the Democrat alleges.
that 'Dhe" Jackson ,Oent out of e6fce, he left
the nation prosperous and happy, oith forty
millions Of surplus" The fact IS WE
SAID NOTHING LIKE 1T. 1.-THE Democrat
can thus pretend to quote US, in order 10 max e
out grave Charge Of Inconsistency against
us,-nay more, TO convict US OF absolute sill,
liness-surely it would be vain 10 contend
with it. We could not expect either homer
or profit from such controversy.
But, 10 give another instance OF the facility
with which the Democrat can argue:
"Bui says MIR. Harper, il you adop, this
measure ln the presen. crippled condition Of
The Banks, 1t will prevent the resumption
specie payments. Is this assertion true
we think not For if so, how happens n
that DIR. peterborough, the President of The
Bank Of Virginia, is warm advocate of NH.
measure? Would he urge its adoption. if il
were calculated to defeat RESUMPTION
Most certainly not. And we think that his
opinions ore entitled 10 much confederation
! 10 all matters of Finance--equally as much
IN our humble estimation as those of Nicbo.
las Biddle. Albert Gallatin, and the other
| New York Bankers, did not view this mea.
sure IN such light, when they issued their
circular in February last, in which the 10Th
| OF May was fixed upon as suitable day on
which their own and all other banks should
resume. They told US that when foreign
exchange should become favorable 10 US
when all our debt abroad should be paid off
that then resumption should take place.
They apprehended no acts of hostility from
any quarter. Is there a man in bis senses
who can for single moment believe that il
such effects were consequent upon the adop-
ton OF this measure, thst they would have
been passed over in silence in this circular
Would these men have failed 10 mention
them, and 10 have urged them upon the at
tention of Congress? Look too, al the time
al which this circular was issued. The Ex-
ira session had passed by, and more Than two
months OF The regular session bad been spent
the measure had been discussed al the Elk
IRA session, and was at the pery time of The
issue OF this circular, under discussion in the
senate. Against the max ed assertion of the
Spectator, we place these .fac,s
The Democrat isquits as unfortunate 10
hs reference TO MIR. GALLArIN, as we have
SHOWN II 10 be 10 its pretended quotation Of
u.s. 10 the Bank Convention, recently held
in the city Of New York Mr. GalIatin fnoL