Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1839-07-18


Cen GordOn's'bill, introduced in Congress in lsy
ana which is said to have been in substance the VI,
win the Sub-Treasury System, received 8
sotes!! And yet the Loco Focos say that Sub
treasury was then Wing measure, am rye tn
wings with abandoning their principleS use the,
refuse to support the bill now. 1t is fious fact
that Mr.. Calhoun and large majog he Wings
IN 1884, opposed Gen. Gordons billy lat no. one tentl
part oil the people knew any VI about the princi
pies OF the bill, and that thos Tho did support it, die
so rather as a measure of o. Position to the pet Bank
system, which was the darling of jackson Van Burer
democracy at that time. But times have changed
Inc prediction OF the Wings that the pet Bank sys
tem would prove splendid failure, and that its ex
ploson would scatter widespread ruin over the coun.
try, has been verified. The shnplaster Banks, the
darling offspring of democracy, which whiIom were
banded and caresscd with all the fondness of pa.
rent that "feels for the first time her first born's
BREATH are now disowned and as is often the case
win the fru Of meretrcious love, these darngs of
democracy have had their paternity doubted and have
oeen discarded with the poor legacy of an unfoelng
parents anathemas Asa proof of the afectionate re-
gard entertained by the great democratic party" for
The shnpaster Banks the readers attention is direc
ted TO the Circular of the Secretary of the Treasury
hsructng the pet Banks to extend their issues in or
DER TO NIL the vacuum Of the u. S. Bank to the fact
That State Banks have increased fourfod under the
administration of Jackson Van Buren, democracy andI
hnally to an extract from speech of the Hon. R. J.
Walker, delivered in the T. s. Senate as late as osb
January, 1897.
"Sir, (said Mr.. Walker,) the Senator from
Missouri has thrice repeated the prayer "God
save the country from the committee on public
iands;" but Mr.. w. fully believed that if the
prayer of the country could be heard within
these walls, it would be, GOD SAVE USI
FROM THE WILD VISIONARY, RUIN.
GUS AND IMPRACTICABLE SCHEMEI
OF THE SENATOR FROM MISSOURI
FOR EXCLUSIVE GOLD AND SILVER
CURRENCY; and such is not only the prawr
Of the country but of the Senate with scarce
dissenting voice. Sir, ifthe Senator from Mis-
souri, could by his mandate, in direct opposition
to the views of the President, heretofore ex- I
pressed sweep from existence all the banks of
the States and establish his exclusive constitu.
,ional currency of gold and silver he would
bring upon the country scenes of ruin and dis
tress without a parallel-an immediate bank
ruptcy of nearly every debtor, and of almost /
every creditor to whom large amounts we're
due, prodigious depreciation in the price of
all property and of all products, and an imme.
date cessation by States and individuals of
nearly every work Of private enterprise or pub
lie improvement. The country would be in
volved in one universal bankruptcy, and near
the grave Of the nations prosperity would per-
haps repose the scattered fragments of those
great and glorious institutions which give han
piness to millions here and hopes to mill
lions more Of disenthrament from despoticl
power.
Sir, the Senator from Missouri might haveI
heaped mountains high his piles of metal, he
might have swept in his quxotic flight over the
banks OF the States, putting 10 the sword their
officers, stockholders, directors and legislative
bodies by which they were chartered; he might
in his reveries have demolished their charters
and consumed their paper by the fire of his ell
oquence; he might have transacted in fancy
with metallic currency Of twenty-eight mil
lions In circulation an actual annual business
of fifteen hundred millions, and Mr.. w. would
not have disturbed his beatifc visions, nor
would any other Senator-tor they ,cere visions
only that could nerer be realized-but when de-
scending from his ethereal flights, he seized
upon the committee on public lands as criminals,
arraigned them as violaters ofthe constitution,
and prayed heaven for deiverence from them,
Mr. w. could be silent no longer. Yes, even
then he would have passed lightly over the ash
es OF the theories oil the honorable Senator, for
if he desired TO make assaults upon any i'll
would be upon the living, and not the dead, but
that Senator in the opening of his (Mr. VS.
address had rejected the olive branch" &c. &c.
From the Ya=oo City Wing.
Dishonest Politicians of any crendl