True American. [volume] (New Orleans [La.]) 1835-18??, 1839-10-22

.seryscs. They were destitute Of pecunary credit.
Inc people, under these circumstances, were able
to wiz their Legitimate infupnce intlcpendcn, Of
inc 'hitdence OF the Crown and the elections in
every quarter 9th country forttold the oy r,hrow
Ut corrupt andprofligate administration
1 Time rolled on, and there was every reason ,o
nope that tile legitimate power OF tho people would
be- rnectnaily re,established The auudnisiro, inn
took he alarm. The Sub Ereasury was condem.
ned by the peop'e--word passes from Tory journal
70 Journal to - keep dark on tho Sub. treasury ,,
| Mr.. Richie announced that it was a tirebr,ndn
ina, was "playlng the 'ev with them in Vir.
gina" The tories took the hint. They kent dark
on INC Sub lte"su'y, and got up new issues i'll all
| directions to amuse the people. For IN nllls we
heard little or nothing Of the SUBJ Ireasr nv, Mr.
Cambre!eng declared that It was already in opera.
'oh, ana would continue so in spite of our lumen-
tatons, at least to tue year 1910. Abolition issues
were got up, to distract tho opposition at the
South The public lands he Id out as n spIeu.
DID bribc to the West. Party machinery was AMIN
set III active movement at the North. The ad ,ia.
| lstra.lon played IN all sections its great game o
cerru 'tlon and division, and cxus IN tho hopu
OF having carried majority favorable to its designs
IN The House OF X !rrsentatlves.
| sooner is this result in prospect. than we find
mgalh raised the btnner OF the OF the suhs Ireasry-
The odlo'ls aud condemned measures is again str,e,
aud This time it's loaded the outset jl its nst
Jcnonabe provisions. he Albany Argus takes gr,uL
tor the specie clause TIE whole administration n,ess
follows the lead Of the Argus and there il now NJ, l
,t The collection G" the pubic revenue exclusively in
god ana silver CON the adopted policy Vt the uhm;n
iSrat on This Is the issue presented To the proule Of IN,
United States. The aduiuislrati, In, ken, dnrL lana
enough 10 answer its purposes and now we are l., he
sadIed with the subj treasury in lis most nd;ns All
oppressive ior"l:
we are already rearhg the first fruits Of this policy
~ mas already become prudent the banks 10 restrict
tu,,a tier accom- das,ons, and prepare
themselves '.r me eA'gencles with which the country
Is menucr!. They know very well that The nsnrn,nn
~ We precious w" ais by the government will exhaust,
hr" @ u," 'acominun'ty. They cannot bnt appre
men" 'n't nus new demand for gold and silver " III
eFP 1t shi chnp all our institutions aud cuuel our
, Hao al business community 10 reduce their OPP
"o' !" ''e ''exm'hbie laws ofu specie sianda d and
aeta Currency. They have experienced the oreruiiuu
OF our specie Circular in derangng our monetary sys
t'' AMI III prihglns about suspension Of specie uuy-
nlens. tN ''"'
They can reason from the o,r,;,, o,.r,,;, c,.o
"' [" iis universal npI cation. II the coli clin IN
sol" ana silver, OF the proceeds OF the public Ian alone
'fentd such ssne" arrangement and embarrassment
III ohr affairs, erminatingin ruinous cnasfophe what
Is to he the eff ct Of applying the SAINT. pr,t,,le ia ,b
c"litctl"n OF our enr. revenue!
wo tn''ds Of the revenue from the Custom--jt is
rS'maed by Mr. Woo hury, received ut the port of
n. York. The public money is dsbursel in every sec~
no" OF the country. Millions oft 90 to FIOri,a; IN lions
10 public tunctioarles of every de cripon in various
quarters. Revenue officers uion" the northern ront,a,
N Vermont, and multitude of ob,cure ports aiour
u'e htlanc couSt, where The Custom Houses c",,unl
support '""selr $. Indian contractors, army and navy
Volunteers Iof Inc Indian tNPS
'akc millions ore. They all pad in gold and Sill.
yer. lie rev en'le tn thus rased in New York. must
ne scattered 10 the points o the compass and then
u lst be brought back 10 New YORK, by the banks TO
he ura"n from their vaults BY the merchants for The
payment NJ the public dues, fall INTO the grasp of he
PUP Treasury, again make liz crcnit, and again come
buck TO the binks,
nat is the consequence Of this state Of things! II
converts all your Office holders throughout the country
III" noi'y brokers: and introduce new trade in hs
precious metals, on which government off ers mny
ilVf, but bv which the People cannot pil to be inpoy
fiSh'1. is mere eXpedienl, for augcnng the axas
OF te People, to swell The salaries of the office holders
~ introduces new system of tayution whc penetra,es
consumers OF ife,g Articles would not be m re really
oppressive Tor under this :ysem seasons cannot tail t.,
nf'"'' When the merchants VIII be compelled to pay
se premium tor the only currency receivable at The
uM tom house. VINO Infinitely pays this pruulun1
ne Farmer, the mechanic, The abnrrr the Professional
c'as cs and tie merchant himself only the capacity of
cons lnnr-nnd not MS mtorrr
II would noA seem that the admin ratou is conf.
deht OF the successful Prosecution Of It's policy There
is on" hop' lett FIR II the Wings carry thr CITY and
s'"tc OF New York, the specie clause ma, vet be- dc
'ehtd. We have M idea III the FcLnrn rdtninsr,e-
Hoh NN"ih dare to pres its scheme n-the face of ill.,,
continued and dec drd opposition OF the StIe-und with
hnt inc mfagre majority ui uUe in tue House
OF Representatives.. 1t Er., urk SHOULD he lost The
sui 1eharE specie claus. aud MI, would become tho
Ia" ni the antani then ell IN its nIuSperity-
ahd arc"eit lis legal IND constitutional LIBERTIES.