Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1838-03-17
no TnE DEmocnAcY.

oortant Documents; the fullest notice of leading
political topics and OF the conduct Of public lne,,..
Original remarks. tending TO support the cause of
the Democracy, viii conssi1utc the prominent part
OF the work. EAA
The publication IS called for at this time by Pc
IculiaT@ circumstances, which will be stared with
the utmost succncmess.
The federal party are again, in the field, with
Igrsater hopes OF success than ever, since 1900.
They rely upon the msney power, with Mr.. Bid
die at the head of its organized system, operating
Ion classes and minor corporations; influencing
debtors, stockholders traders, and others, by the
Gibbs aud flows of the currency, which is made TO
affect their interests, and, as consequence, their
political feelings and opinions. To avail himself
of the greatest possible control which be obain-
cd from the operation Of pecuniary influence, Mr..
Biddle has allied his institution with the Bank of
England. -
1t is huy said ofthis great engine, by the Lon
don bankers, tina, sits prodigious
1t has shown its dangerous potency in compelling
a suspension of specie payments by operating on
the merchants and banks in great cities; in for
cling the expectation Of specie against public opn
ion; in carrying elections for its party, by panic
aud pressure, in various States, Notwithstanding
the unpopularty Of its e,nduct and in its success
full resistance in the late convention 10 resump-
ton Of payments by the State banks, although the
pr ncinal ones have DECLARED their willingness and
hence, as on the establishment OF the first Bank OF
the United States by Hamilton, become perfectly
sansuine Of Success under its banners, and have a.
gain unlirled their true ensign.
The New York Commercial Advertising, the
leading federal Journal Of that State, print devo
ted 10 the interests of Massrs. Clay and Webster,
publishes IL article which is eXtoed as proceed
ing from one of the greatest minds of the party,
proclamng the federal principles foste.ed into life,
tt.,Hs x,t hv FREE
and pronouncing that these alone can remedy ex-
listing evils. We have room Tor only few extracts.
but sufficient to show the true issue between the
MONEY TOWER, which seeks 10 establish its arislo-
cracy permanently and bay o,d the reach Of the
popular will, andthe Democratic party, which con-
lends for the Sovereignty of the people. Here are
the doctrines laid down since III: New York cleo
tons, by the Leaders Of that party who ascfbe that
triumph to the irresistible force Of the money and
bank power they control F.rs:, they say:
s.rha. ,hs imm,liat. cause of tina present de-
ransement of the currency, and Of the embarrass-
msnts Of commerce and manufactures, is the igno-
rancs, perve isity, Or wrong eadedness OF n few
nen The Administration, is true; but that the
primary causes be sought in the constitution,
is a fact too Obvious 10 admit dispute. No man,
probably, will now deny that the powers Of the
Chief Magistrate are leftwithou Sufficient checks;
no man will deny that tie balance intended TO be
created by the division OF Congress into two hous
es, has proved 10 be insufficient TO-. the purposes
required; no man can deny that universal suffrage
has been left without adequate control, Or prey to
corruption.
s There are two prominent reasons to be assign
ed for these defects in the constitution. One rs,
the want of experience in the pitrotic men who
framed the constitution. The other is, the credu-
lous reliance of those men OIL the virtue and intel
lIgence OF the people, and of the men who should
be elected 10 e1act laws and administer the govern
meat.,, ee f{s .ass4s
Again. speaking ofdependence OH the virtue and
intelligence of'"e ra"nle. tbs MANIFESIOsays:
"a FORM OF GOVERNMENT which has
no corrective ofpubic disorders than this, is bur
lesque OH the raason and intelligence of men; it
is as incompatible with wisdom as it is will, pub
lie prosperity and happiness" a39al
ss1'hc people are. by principle and the corstitu-
ton, guarded against the tyranny of kings bat not
against thcir 0wn passions aud ignorance and de-
lusions.o ~ aF aS
! The necessity of relying on some other power
than the peop..e Is therefore enforced:
.sSuch facts have induced ,i,.iona TO abandon the
practice ofelecting their chief magistrate; Pres.
ring receive that officer by hereditary succession.
Men have found that tn. chances of having good
chief agistra,e by BIRTH, about equal 10 The
chances of obtaining one by POPULAR ELECTION.
And boast as we will, that the
an w. ,;,n. ;li eta,' H.. ~, -, ,s.ata NJ
90. ,.' h. W. a, .' . ;s ,;sh,v IL,
cha,as ,,e Whole char,o,a. ~ ~ , 'y :,
s.is i sole NJ, ,ru hs, .x.c,,tve off.
c.,. a.e denendsn, tnr ,,o; s, 80 on .SsuAL on
rnsomssT ~ rcr'oxs ,ha.. UNI nv; he M ;mnar,al
or efficient administration ono, of The laws''
81, is vain that men attempt TO disguise the truth
the fact beyond all debate; is thai the disorders in
our political affairs are the genuine and natura
consciousness OF DEFECTS IN THE CONSTITUTION
and of the false and visionary opinions which Mr.
jefferson and his disciples have been proclaimins
lot toity years.. fS
LIE MASS OF PEOPLE seem NOT % consider Una ia