Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1838-03-06

meet. 30 .see,e csa .e ,~saahsd saa nsin;siSed. |
the tesoit will prove TIE essiepce of great selis
nv koih II ths Bsnts sni e the mercantile class
30. Tie BACK n EagisaS dad no, accomplish re-. !
sanpion ~ csritilHeut alone. She hsd he ~
rect AID q Gorrrrmeui Anu The Banks O! the
ua,ied States m 1910 did Dot feiy on csSia,i.
ment slonr. They had the sid OF the thea new
created Bshs Of the Jared sJsi-s, and all the
cooutebAncc. sssis,snre. and friendly support.
which The Government could give them. Sui
could not discourage the offnrs II the Bank.
itus, they siii succeed. .nd that they vii OF The
earliest practicable moment bot II IT, al the same
iiiBe my foil eoa,ie,ioo that By smother aud bet
ter eoufse o. public policy, the Government might
mos: materially ASSIST the banks to bring about &c
sumption snd that by Government aid It NIGH,
be brought about with n6Diiely lees Of public IN.
convenience and individual distress.
Mr Prsiaen'. you and I were 10 Congtess. 10
1916. during the tine of the Suspension II speoie
payments b, the Dsuks. What WAS the fpint 81
the government al that time. cir, Was u hos
Tile. acrimonious. bclhgcran', towards The State
Institutions ND 1t look ihcn only 10 ffown
Did II touch them only to di.,res,i DI it pu,
them oil under the sooufgei You know, sir, !:
Was fas otherwits. You know, tina, the Secre;a-
with them. and assured them tina, he would sec.
ond their effuis. for resumption, by all the means
in his pc yer. You know. SIR that. in feet, he did
render mos, essential AID. And do you sec, ,..
any similar effort now Do you behold in ;he
bill before us, any thing Of be spirit, or the policy,
of Mr. Madison, on an occasion very like the pres-
en,. Mr. Madison ass a man Of such subdued
self respect, that he willing to yield to expe.
Renee and to The opinion Of this couutry man,
too, Of so much wisdom aud true patriotism. that
nothing vas allowed 10 stand between him and
his clear perception Of the public good. Do Won
see sir, any thing Of this spirit the wisdom.
If the mild, and healing. and restoring policy OF
Mr. Madison. in this measure Another illustrious
man, now rumbered with the dead was then with
Ne, and was aching an important part in the ccun-
ellis Of The country. | mean Mr. Lowndcs a man
not deficient in free and genius bu. still more
distinguished for that large and comprehensive
view Of things which Is more necessary TO make
great men and is also much rare: than mere pos
i'ase isen;,-n Tor an impartial, well balanced
judgment, which kept him free from prejudice and
error, and which gave great and just influence to
his opinions. Do you see, sir any thing of the
,pir, the temper The cool Judgment, or he long.
sighted policy Of Mr. Lo"ndes, in a.. tina, is now
before US And Mr. Crawford then at the head
Of the Treasury, arduously striving tc restore the
finance, to re establish both public md private
credit and 10 place the currency once more upon
It's safe and proper foundation do you see, sir,
the marks Of Mr. Cra~ford's hands in the measure
now presented for our appreciation
Mr. President. have little 10 say Of the subor-
dina,e provisions Of this BILL of the Receivers Gen.
efa' or fth1 dangerous Powor, giosn to The Sec.
rotary, Of investing the public money in State
. liz. &c.
bill, is to the whole Of II. II is general, uncom
promising, and decided oppose all lis ends OBJ
jecis, and purposes. ! oppose all lis means, lis IN
venlions ald contrivancps. am opposed 10 the
separation Of Government and people; am OPP
posed now and at all times. to an exclusive me
tallIc currency am opposed to tie spirit in which
the measure orig mates and to oil and every en-
ana,on and ebulliion Of that spirit | solemnly
declare, that IN thus studying own safety, and
renooncing all care over The general currency, We
are. IN my opinion, abandoning one OF the plaincst
and most important of our constitu' ional duties.
II, sir. We were, q, this moment at war with a
! powerful cIemy, and if his fleets and armies were
now rsvaging our shores. aud it we're proposed in
Congress TO take care of ourselves, 10 defend HE
Capitol, aud abandon the country of lis fate, il
would be. certainly, more striking, more fla
grant and daring bui, in my Judgment, no, a more
clear snd manifest declaration q duty, than we
commit IN this opcn and proiessed abandonment Of
our constitutional power and constitutional duty
over the crest interest of the national currency.
mean 10 maintain that constitutional mower. aud
that constitutional duty, TO the last. 1t shal mol
be With my consent, thFt orr sncient policy shs
be overturned. II shall not be with my consent
that the country shall be plunged, deeper and
deeper. into The unfsthuued depths VI new eGpe-
clients.
II thsH no, be. viihosts voice Of remonsifance
from me, that one great and inportsn, purpose for
Which ihs Government WAS framed shal now b
prosirated.
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