Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1839-08-08

ers and retalnerS oil inc CROWN u cuIR n
old and silver and leaving a depreY a nm
az currency for the people, whoargr r,ct IN
ovcreignS To prove our asse rs and +
xhibit to the reader the exact ,IJol botwoe,
he measures of King Geor" ,b ""t third nm
ord North and those Of Unr,in the frs
md Lord Woodbury., WEE ,acto nossoce from
'BorrA's History ofthe .oi,ed states" worl
extensively circulate I'D universally read
the words ID capi!o and italics deserves par
.icuIar attention their connexion with thu
passage.
but the lsh government did not stoI
mere; as II satisfied with having excited
the dlscoh' of the colouists, it desired oIss Il
urge me" desperation. In the month o
Morch' 4, the parliament passed regula
'loh' oy nich if on the one hand traffic was
pefmF ed between the American colonies anc
inc .ench Islands Of the West Indies, and 9th
G. ppertaining to other European powers
ne other such enormous duties were impo
on merchandise imported from the latter
.s TO create, as usual, an almost universal con
traband, in every article, with immense dsad.
vantage TO the commerce itself, and equal pre-
Ijudice to mercantile habits and brobity. II
crocn so great an euil, it was ordered, by the
same bill, that the sums proceeding from these
duties should be PAID In SPECIE, INTO
THE TREASURY OF ENGLAND. The
Execution Of this ordinance must have com
pIe,ely drained the colonies OF the little mo
ney they had remaining, to be transported to
Europe.
"Ihe secret evaporation redoubled, at the
rel infplIiu Of
They remarked that they were even contradc-
tory; that ii was requiring thing, and, at the
same time, withhOIding the means to perform IL;
since the government deprived them 0faU fac.
ulty Of procuring specie, and yet would have
them furnish it, to be transported to distance
Of three thousand miles. But as if the minis
try were afraid the tempest of Indignation, ex-
cited by these new laws, should be appeasedI
loo soon, they wrested from the parliament
mother act, which appeared fifteen days after
t purported, that bills of credit, which might
&c issued in future by the American colonies,
should no longer hare legal currency Ia payments;
md that, as to those in circulation, they like.
wise could not be received as legal payment,
lter the term preixed for their presumption
md extinction. 1t is true, however, that all
he money proceeding from the duties above
mentioned, was directed, by other clauses of
he bill, to be kept in reserve, and could only
C employed for expenses relative to the colo
les; It is true, also, that at the same time the
CT was framed concerning bills Of credit, some
HERS were passed, to promote and regulate
he reciprocal commerce between the colonies
nd mother country, and between the colonies
lemseves. But these regulations failed to
reduce the expected effects; for they were ne
essarlly slow in their operations; while those
hch restricted and attacked the external
)mmerce of the colonies, or shackled their
omestlc trade, were Immediately operative
ONE also attempted to demonstrate, that the
oney carried off by these duties must infalli-
y flow back into the colonies, for the payment
nd support Of the troops stationed there, to
rotect and defend them. But who would
warranty to the coloniss, that the troops should
, quartered among them so long as the law
light continue in force? If such was the in
'ntion OF the legislator, why cause this treas
re to travel, with no little risk and expense,
rom America TO England, and thence back to
he place rom whence it came; thus imposing
he necessity Of passing it through so MANY
nd so different hands7 Perhaps, they said, in
rider that II might have the honor of visiting
he Brush exchequer, And why was it not
more expedlent to employ it where it was found.
Without so many voyages and circuits! This
plainly demonstrated, that it was but a PRETExT
FOR THE MOST PERNICIoUS DESIGNS. Besides,
or what purpose, for what good, were so ma
ny troops maintained in America? External
enemies at present there were none; and for
he repression of Indians, the colonies were
doubtless, sufficient of themselves. But the
act was, they continued, the ministers had
ormed a design to Cypress THEIR LIB
ERI4; and for this purpose did they ARM
themselves with so many soldiers, and incurI
such vast expense, in the midst of a peo-
Die Astounding in loyalty and innocence.n
Further comment appears to US to be unne-
'essary, but we cannot leave the subject with.
'ut adding few more remarks. By the oper-
'tion Of Mr.. Van Buren's sub-treasury, all gov
eminent dues are to be paid in specie into MeI
reashry, thereby draining from the people eve
" dollar OF coin in the country, which is trans
ported to Europe and other quarters of the
world Tor the support of Foreign Minister'S,
agents ana retalners OF Government and of the |
Navy Of the Union By his attacks upon the
credit system we are deprived of the means of
procuring specie, and the stocks issued by the
states have become ruinously under par in the |
treat reservoir Of specie, Europe. BY refu
ing to place any value upon bills of credit is.
ued by our State institutions and refusing TO
eceve them for government dues, Mr.. Van
'uren has crippled their energies and nearly
educed them to state of insolvency; indeed,
seems that he has sludiously followed in the
ootsteps' of Lord North in adopting all his
arous and arbitrary measures. If the spirit