Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1839-11-12
RUTLAND HERALD.
RUTLAND. VT.
TUESDAY EVENING. NOv.I2, 1880.
For Preside lent,
HENRY CLAY.

In this comparatively quiet and secluded part of
the country know but little of those over
wheming dis,rcsses and calamities which Cypress
populous and business portions Of the country;
feel their influence and partakc of their effects
IN proportion TO our business interest.
To be oons,an, and understanding reader of re-
ports from foreign countries, and become acquainted
with the commercial relations subsisting between
and them, and 10 understand upon how precarious
foundations stand the internal business prosperity of
all nations who are deeply involved in commercial
speculations and interchange of commodities,
cannot wonder thai there should be periodical elc-
satioDs aad depressions. When our products (fos
Instance couon) becomes deprecated in value in
foreign markets, commanding dull sales and low
prices, the consequence is that imporations
mus, he curailed, or they must be sustained by
cash payments. la the absence of national bank
whose po,cs would be received in foreign countries
heavy draugh,s for specie mus, be made upon banks
and this in a short time compels them 10 suspend
specie payments and curta discounts, producing a
general and simultaneous stagnaon Of business
and scarcity OF money.
But such provisions have been made by capable
nsgotistors and fnancers TO meet these periodical
cvulsions and fluctuations, as TO prevent any long
continued distress But those sautaIy measures
aare long been annhilaied by the destruction
Of the U. 5. bank, whose principal obiec, was to
regulate these exchanges and keep our commerce
IN sound and he althy condition; since that time
national ship has lost is ruddcr, has nothing to
control regulate its movements in consequence Of
shch have experienced a continued series of
| lanics and bankruptcies from tina, time 10 this.
Were mutual fotbcarance and Christian tolerance
vciprocnicd between nations thus connected in
trade, as would be the case II each government en-
deavored to protect this common interest, these de-
wessions would be speedily relieved; but when one
ration (as is the case with OWN is ruled and
orerrun by an army of heartless political knayes and
oiee seekers, whose sole is to their
can personal advancement, at every hazard--when
lie chief executive shall turn traitor to the welfare
d tho people, seizing upon every opportunity al
hfaed by the fluctuations OF international traffic.
supposedly dermg,ng home currency 10 produce
-, effect, and make this state of things a means
d forcing other objectionable measures upon the
oople, then, indeed, NAV expect commissions and
anics to ihicken and quicken upon with every
'acoeedng change.
The sober fact II, must hare a change Of rulers
= u entirely ruined. Those we have are not su,a-
I. OAes-they corrupt ia faith, dishones, in ad
Hanis'raiion and unsafe in character The "eIper-
HAsas' has beea tried long enough to test iis utility
md under its operation nothing but uproar, distes'
nd CONSERVATION have prevailed, and necessaril,
nus prevail. We need, waai, and nusr HAVE Off
cers at the head Of government who will labor I,
fFono'e and defend the interests aud wel-bcing o
'sr rrorLr rather Than 10 secure their own puyai,
tssaii0a