The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1839-11-02

We have received some numbers of the
New Era, as revived by Mr.. Locke. To say
that it is a neat paper and conducted with
ability is no more than the truth but the
sentiments it advocates are Of the most des-
uucve kind. For instance, the editor says:
"The idea that the public will have any practical
confidence in banks, is absolutely absurd The
truth this subject has been too generally dissent
mated aud too deeply implanted in every mind 10
leave such chance within the range Of possibility
The people, knowing that these institutions are
fraudulent in their formation, and nefarious in all
My'r operation, will naturally look out for them
selves. We appeal to every rejecting mind in this
community, and ask whether 1t is possible TO get up
popular feeling in favor OF the banks They are
now between the mill-slones Of the two parties and
they must go down. Why should they mott Are
they OF use 10 any body2 Would not our whole
business classes be infinitely better off without
them 7" ~.a..
While such language is held by the New
Era, the Reformer, kindred sheet, makes
,hefollowing charges against those connected
with its party.
"The great effort of the wings has always been.
obtain The public money for private uses !; this
object has now been happily accomplished through
Tie agency of Mr.. Hoyt The Collector and they feel
that in gratitude they cannot do less than TO allow
/ lloyl 10 elect his TammanY Hall ticket We have
aIways charged that party with having bribed and
corrupted the people, and obtained their successes at
elections through the aid of the banks and the
Evening Star has acknowledged the soft impeach-
mM and admitted the essential aid But since
the Treasury Department have adopted the plan of
paving the public creditors in treasury notes at par
- Stead of paying them in money; which notes are
dny sold at a discount in Wall street; whereby
hofl has accumulated nearly million Of dollars of
Toe pubic revenue, with which he is bolslering IN
e stock brokers and shinplaster shops in the city"
Mr., Hoyt has not only got possession Of their
oHe,seS, but he has captured their military chests
ad munitions of war, and will be able 10 turn their
own arlery upon themselves He will not only be
aoe 70 command the essential aid of the banks as
%r wings have done heretofore, but he will be en-
"uei 70 demand large contributions from the stock
AN'ers and stock obbers, who have already realized
( '#'Hae> by this scandaous appropriation of the
aolc funds The wings are evidently dished and
DNF Tor. We should not be surprised IL they did
u 1l. fifteen thousand votes at this election The
ua"N OF bank and state Of the purse and sword,
"a loe hands of the office holders, puts an end to
WHY NNmphS now and hereafter, and they know it
"u' 'feI H. Not lisp, not word OF complaint, or
\ even remark, do we hear from them about Hoyrs
"0'" Too'hs investments of the public money"
Vow, one would suppose from this, that
NE uI'ras would detach themselves from
pity which had duped and ill-treated them
0Gno such thing in the book On the con-
.a'y, they advise harmony and concert
'snnst the opposition.