The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1839-03-26

"THE CURREEcY REGULATED" We have often
been puzzled to understand what certain brawling
Van Burenites meant by their promises of "regu-
Iating the currency and of providing the people
with ga hard currency" We understand it now.
The curtain is up; the mist has evaporated; and
we see clearly. Their currency is indeed "hard,''
for the people. They declaim against all banks
except such as of their own peculiar stamp
One of these we have down at Windsor in this
State, a pet, controlled bv the "hard currency
party in Vermont. The old veterans of the Revo
luton, who were paid off in bills Of this concern
Just previous to it's failure, understand the meaning
of The long promised better, OF 'hard currency -
The Burlington Free Press explains the manage
ment of this "beter currency" bank In the annex
ed article. Read it, we who have been duped
by the shallow and hypocrihca promises of the
Administration party, and do not forget that near
Iy all, and believe all, Of the banks that have
exploded in New England, since we have been
promised ''beter currency were either the fa-
vored pets of the Administration connected with
them and controlled by such politicians as had in
charge the bank of Windsor-"har CURRENCY
Van Buren, men. t. #
WINDSOR BANK. 1t is circumstance worth not
ing that the only bank in this State controlled by
loco focos, is also the only from which the
people have suffered We aude to the Bank Of
Windsor-the history of which it is not necessary
here to repeat. The extent which the public
has suffered is not now known, but it must he
siderable, as the bills have mostly been sold by the
original holders at from 1.2 to % cents on the
dollar More recently, however, they had risen to
so cents, and holders began to decline even that.
Whereupon the Windsor Statesman one of the
rabid loco foco papers in the State, came out
with the following notice.
BANK OF WINDSOR. The bills of this concern
are now selling in this vicinity at fifty the
dollar. This notice is given that people who have
thcm IN their possession may avail themselves of
opportunity afforded by the Windsor bill mania
among some Of our good citizens to dispose of their
bills at higher price than they will ever again
have an opportunity of receiving. When add
wise friends TO dispose of their Windsor bills
fifty per cent do with some little knowledge
of the of the banks affairs, and the circum-
stances which some have imagined would contrib
ute TO It's Iesuscitation. Those who do not see fit
to take the present price and who hold 10 them
with The expectation Of getting more, will before
long see occasion TO regret having done so.
Recent events have disclosed the grounds of the
above friendly advice. We now learn that few
days since MIR Emerson the late loco foco Presi-
DENT contrived to have the stock of the bank sold
public auction, and that Mr. Sargent, the loco
foco post master at Windsor bid it in, at nine dol
lars! Under this sale, new board has been Or
ganized of which this loco foco editor of the
Statesman above alluded to- is cashier & under this
organization they propose to CIRCULATE the
cy." In the mean time the old board keeps pos
session of the books, funds, &c. and will shortly
redeem every dollar of the old bills at par. This
is an apt illustration of practical loco focoism. For
the present then there two Windsor banks