Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1838-06-21
LETTER NO 6.
To Martin Van Buren,,
PRESIDENT OF THE UNITED STATES.

N w ell TIE toot VI yout utoouto's" PsS-
! decessor" wns now fairly "upon the neck Of
the monstcr"-and there being foot print
there, accounts for the pertinacious obstinscy
which has determined you To keep one ct
your feet On the same place. Every body
pretending TO any Intelligence knew. st the
first, that the true meaning ofhavSRe "his
foot on the neck Of the monster" was the de-
struction OF the fiscal instrument by which
the currency had been regulated, together
with the utter arrangement Of TINT currency
, t0 the great annoyance and dlstyess Of tho
1 whole country. Your friends have long since
counseld you to lft up Your foot, and there
by relieve the pressure upon those vital in
terests; but, deaf to their cntreatics, the peo-
pie, not being overload Of being strangled,
especially by your foot, are successfully at
work To lift il aside, and place il, IN al Tho
future, beyond the reach Of any of those great
interests which it has given evidence OF us
readiness to crish-nerely because was
the pleasure of yonr illustrious predecessors"
To do the same thing.
/ Woparcd in my last, leaving the "lleavcA
born busy in selecting places for the deposit
of the public money. Nav Amos, you know,
was never an Adonis-ond yet, as have al
ready hin,ed in my last, the glitter OF his
mission, and the power which he had come
forth TO WELD, made him, in certain eyes, alb
soluicy lovely! | remember to have heard
one gentleman say, who was ut the top of his
speed after Amos, to procure THE patronage
ofso distinguished parsonage, that lie tbnNgkt
him very handsome. This same gentleman
had come To the same conclusion IN regard to
Mr.. Blair, of the Globe! l doubt not, sir,
that it is through just such medium you
contemplate these two worthless. The SER
vice that Amos was now to render. in select
ing local banks as Repositories Of the public
money, was one Of direct and personal iRtes.
est TO yourself. There was not a single
grain Of public good in tho undertaking, aud
Subsequent events have demonstrated it,
There was, however, incalculablc evil in il,
aud following events have made this also
manifest. The horrible crime on your part
consists in the fact that Ill thu, has bappenea
of distress aud ruin to the people, in 30 many
OF The great interests Of the country, must
have been forescen by you 10 be the ncces-
sary rcsult of such doings, just us plainly "a
they were seen aud ioretold by Nc. Adams,
Mr.. Clay, Mr. Webster, Mr.. Clayton, Mr..
Calhoun, and, indeed, every other man. in
and out of Congress, who had not been por-
posely blinded, that he nigh, be counted up,
on with greater certniniy, in going. headlang.
into this rulnous measure. To agree that
you did not forescc all the OWL that has Lnp-
pcned, would be to class you onong ,hosS
having minds of tho most contemplate order,
and that would not be an enviable position
for any man pretending 10 have scnse enough
TO fll the presidential chair, but the contrary,
Then, sir, you saw all this evil, aud knew IL
would beiall the country, and yet, in the spir-
It which had always governed you in your
political maDGuvrings IN this state, yon colt
sdercd even such widespread calami,y as "A
trfc when weighed against your acccssiVa
to the presidency.
! This public money, ns have said, was me-
cessary TO be 30 disposed OF, ms 10 be employ
ed, as an auxiliary, in forcing you up to that
pinnacle of your ambition-nnd hence no
man so suitable as "thc heaven born" To as
range it. believe: in few instances. Auas
missed his mark say few, for believe
there were perhaps rs many as a couple of
the chosen banks, that never did come fully
within the sphere Of the control which you
hnd arranged to have over the public purse
but, IN the main, II was pretty well unGsr-
stood, thnt the money was to be let out, fun
der the forms Of discount, it is truc,) to Just
such persons, or companies Of persons, asa
finger point from Washington, or nod of
the "hcaven born's" head, might indicate.
One hint thnt it was believed that suci, a
loan, TO such party, would be gratifying Ia
the President of the Uniled States, and, gs-
nerally, If not always, the money was had
il was Idle TO spend time in demonstrating
that all who participated in these monied ia
.cilitics, with their trains Of attendants. were
as securely barnesscd TO your car as are
beasts Of burden to the coptriyances which
they arc doomed to drag after them. And il
was for this very end yon fret sought, through
Hill, ard others, to get control
over the United States Bank, by forcing out
nf il, such men as Jeremiah Mason, and plac-
ing in their stead tools Of your own selecting;
and il WAS, rs l have repeated moro than
once, because Of your failure to accomplish
this design, that "uncompromsing hostility"
was proclaimed against the Dank. which re-
suited in its overthrow and it was Tor this
that tho dcpositcs were lawlcssy and vio-
emily removed, and it was for this atthrough
he instrumentality Of Amos, they were so
disposed Of az, in the main, t. make then,
'ubservient to your advancement up the poe
itcal ladder to the presidency.
A question arose, however, whom the re,no-
ial OF the deposites was talked of, which pre-
Jared the way for Just such an answer 80
would reconcile the public to the scheme
Fenrs were expressed by many lest greet
embarrassment might follow The REMOVAL
treat distress was apprel!ended, aud predict
III. "Not word Of truth IN Il" vociicratcd
he Globe. "Not a word OF truth in IT,"
echoed the affiliated presses. "Not word
It truth in it," resounded from the entire line
" forty thousand oilico holders, who were
hacked with clspplng and cheering by the
bousands Of expsctantsj mon whose eyes
,erc always open to see the first vacancy
hat death might make, or that new scts or
might provide for,or new clerk
hips or fresh missions open the way tor.--
Md, in substance, the following was the arr
!omcnt which was cunnngly prepared, and
ent out among the people.
at j. true, the dcposi,as will he removed:
hey will bs taken from the Bunk of the Uni
ID States, bat, they will be- eon6ded 10 tho
eeping Of other banks, and ~ these banks
i'll employ them ~ they had hecp previously
npoyed, aud used as basis Of discoun,,we
'k those panic makers, il the pnblc m's,ey
'all be loaned out ON discount, and in the
nc way a. il had heen by 'ihe monster
Nv The people can be affected by the ehsnee7
a garden have in il . reservoir, holding ten
illions Of gallons OF water, from which re-
'r,olr irrie eating streams issue 10 refresh al
'e parts ct the garden, can thnt same qsrden
iffcr when this same quantity cf water 10
IL. A.. -