The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1839-11-20

:" credit system" is controlled by foreign MT
uons, or in other words, SO long as our couu-
tIy Is not the FIRST commercial nstion Of the
world, snppou Of the systen, must be incom-
pabe with patriotism. Enslsn 10. at present,
the ruling commercial nation; she controls
the credit system, so Ear as il can be control
led and consequently rontrols all who are de-
pendant on il. 10 case Of collision between
this country and Great Britain. during The rx-
isience of the credit system" we must always
look to see all true wings sustaining Great
Britain. MS its grand supporter. shhough her
" cannon should be battering down the walls
of our Capital, ,"-resovipg, that his unbecon-
ing moral and religious people 10 rejoice at
American victories over her armies. and sing
ing TIE Deums, whenever her me ereenaries sue
cesd in suppressing the democrat movements
OF the Old World. We must expect them TO do
this, for the system they have espoused viii COM
pei them 10 do il; aud they will do il spontan-
eously, relgiously. with the feeling, that IN so
doing they are honorpg God. and serving man-
Whiggism with us is, therefore, incompatible
with patriotism. The whig virtually expat-
rates himself. or rather, iors~ caring tho land
OF his birth, adopts tho credit system" as his
county, makes i, his home, in il erects his al
tar. aud places his household gods. When
tha, system comedies with American principles,
he IL an American; when they do not, he is
an Englishman, a Frenehman, Chinaman. or
one OF that nation, with whose interests. for
the time being, they chance TO be coincideut.
MIR. Biddle. who is not altogether destitute
of patriotic feelings, had, We apprebend. a
glimpse Of this fact. aud hence his efforts to
trsnsi,, the seat of the credit system from Lon
don to Philadelphia. He probably dreamed Of
making the American merchants through tie
Bank of the United States, all that English mer-
chants now are through the Bank Of England.
This was a lofty ambition, only asingle remove
from the sublime. All that was wanting for its
complete success was, that this country should
stand first iD the seale Of commercial nations,
a rank II unfortunately docs not hold, and will
not, for some considerable time to come. So
lone as this county is only a second or third
rate commcrri ial nation, u cannot be the prn-
cip9l seat Of the "crcdit system" So long as
IL retains ITS present position in relation to Great
Britain, Bauk oi the United States can only
be a branch Of The Bank Of England. Tie
Bank OF England. as the great centre OF the
credit system of The world. can, at any moment
il ehooses. ruin the credit Of American mcr-
chauts. and crush our whole banking system,
rs past experieurc fully demonstrates. By tho
intimate eonnexion, which has heretofore exis-
Ted between the fiscal .conccrns Of our Covern-
meut, and the business of banking, We have,
] government aud all, been virtually under the
control Of Great Britain. Hence. the reason
why, whenever we have demanded justice of
Great Britain. We have uniformly armed our
business men against our own government
The war, which We have been carrying on az
gainsi the banking system for tie last ten years.,
has bsen really a war Ior national Independence
and General Jackson, in warring against the
Bank. was fighting in the same cause in which
he fought at New Orleans. aud against the same
enemy. II was therefore that the people. by
au uncrring instinct, selected hisn. the hero of
New Orleans. TO be their chief in the new cant
paign. Of which they had foreteelns.
THE DEMocRATIc PARTY.
The democratic party is the American party.
That party is the American party. which gath
crs round the idea, which IT in the mission Of
American institutions TO realize. The idea,
which lies at the bottom Of our Institutions. ~
the supremacy Of Man. Here is To be eslab.
lished and developed not the sovereignty OF the
sacerdocy. not the sovereignty Of tie city
or state, not the sovereignty Of the Hing, not
the sovereignty Of the nobI. few, the high born.
not tha, of the rich nor yet that ot estates. or
corporations. but the sovereignty Of Man.
Here man is not made Tor the State. but the
State Is Instituted for man. The order of civ
-
der ol civilization. in which things are snbordi-
nate and subservicot to Humanity. Humanity.
in all iis integrity, is in every individual man.
Then every individual man is 10 he raised TO
empire, so that all shall be. in the language OF
Scripture, 'kiDgs and priests" This is the
American idea. This idea 10 the political world
is translated by universal suffrage. thai is, the
equal right ol every man TO his voice In the
choice oil political agents, and through them, IA
the laws. which shall be enacted, or cover.
mental measures, which shall be adopted. Now.
is not the democratic party the arkDowledget
universal suffrage party From the FIRST, II has
regarded suffrage as right belonging TO every
man. by virtne of human nature, and it has
coDtonded. that the people. taken individually.
have not only the right, but taken collectively.
will exercise II judciousl,. ultimately III atoor-
dance with the public good, aud universal rea-
son. The whig parry WAVES the question oil
right. contends that the people are not suffic-
ienIly enlightened to be entlssied with unver-
sal suffrage, aud that we ought to educate them
before we allow them the pritiiege Of voting
The democratic party is also the patriotic
party. 1t is the party jealous Of national honor.
The wing party, composed 10 the main Of busI-
ness men. whose idea is properly, not man, arc
InsensLle to national honor, when us mainten-
ance requires the sacrifice Of the facilities OF
trade or commerce. In their estimation. the
national honor is well enough. when they arc
making large profits, and Is endangered only
whom their chances Of gain seem TO be din,im-
lshed. Hence it is that every measure taken
to maintain the honor of the nation, or 10 en-
hauce its real prosperity. has been taken by the
democratic party, amidst the most violent, and
all but reasonable hostility Of the wings. Tie
democracy purchased Louisiana. and thus Sc
cured to trade the MISSISSIPPI. to agriculture an
immense territory Of unrwalied fertility, and to
free institutions many millions OF supporters.
The democracy declared and sustained the war.
a eainst Great Britain, IN which We viodicated
our national botAr. and asserted the freedom
Of the seas. And during its continuance the
Wing party were plotting treason with The ems
my, reIusing all support to the government OF
their country. and cutting of, as far as they