Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-04-25


cannot look upon YOU the great body of our fell
low citizens, as SO dead to every sentiment of pa
triotsm as TO forget that "you have country to
save well as party TO serve"
The weapons Of warfare against the Credit Sys-
tenn are the Sub-treasury scheme and the Bankrupt
Law applicable to Corporations, and other Bankers
and Federal Loco-fOcos ask you to aid them IN at
tanning these objects Their opponents charge upon
them and their measures the authorship of our Gu
amities, and demand change of administration
and a restora ion Of salutary measures Of govern
ment. Which Of these two divisions is the right
1t is for you, fcowctizens, to decide, ancyou are
TO bear the burhens reap the benefits OF that de-
cision.
Is the federal loco.foco administration right, and
will you as people and a nation be benefited by
the immediate and total destruction of your vast
credit system, through which your fathers gained
for you freedom and independence, and by which
your private enterprises have been prospered your
industry rewarded, and your country exalted be-
yond any parallel in the history of man Or are
the federal loco-fucos wrong and would the ad0f
of the Sub-treasury scheme and special bankrupt
law prove destructive to all your remoining private
interests, TO the form Of your republican govern
ment to your freedom and independence peO-
pie, and your honor and glory nation The
issue is distinctly made up, the President has him
self given the battle cry, the watch.word Down
with the Banks" resounds through the aposlutc and
renegade ranks the lc'ors of his party flashing
up the laggards and grumbing followers in the
ranks, and all evince their thorough consciousness
of tie importance Of the stake and the rreyocable
consequences of the struggle.
The solemn question to be determined by You is
who are the authors of the present national eyis?-
Who hath laid the pecuniary blockade upon our
commerce Who hath brought down the agricul-
tural productions and closed the granary Of the
| farmer for the want of remunerating price y!
Who hath caused the mechanic Is to be suspended
or Slackened and sent the industrious laborer forth.
to wander in the community without employment
and without bread Who hath taken our property
from us without our consent by reducing TIE value
of our possessions, cramping enterprise, and de-
priving industry of lis reward Who is to answer
for the miseres in store for the unemployed poor
during the approaching inclement season, when
the pressure Of the times has closed the hands that
gave employment, and exhausted the Golfers from
whence flowed the blessed streams of charity and
assistance Who is to answer for the increased
decentralization and crime produced by the struggle
TO upturn the foundations upon which society has
rested, which is poluting the moral atmosphere
and filing our prisons with victims Of crime conSe
quent upon their misiortunes, Is it the Banks or
| the Federal Government!
Fellow Citizens We have had banks under all
the administrations of tho Federal Government.
| We have always been accustomed to them in our
| cities towns and villages. We have found them in
general directed by men in whom their neighbOrs
repose the utmost conference.-the tn commerce.,
agricultural and mechanical pursuits: giving to
virtuous poverty an equal chance of success with
inherited and acquired wealth and enjoyed from
them currency equal in safety and value to gold
and silver and greatly more convenient and he. ther
| the banks such, nor those institutions cononed
| with any other administration of the federal gov
eminent have ever brought upon the country the
curse which How atfiicts it. If the evils now sut-
tered ure innate in the banks, how sriIlful must
| h,,,o Ino, l,,,n, g TnfTa i
Madison, of Monroe, Adams and Jackson, not to
| have brought them cut in'o action And how de-
| plUraby ignorant must have been Mr. Van Buren,
| % make q shipwreck with has first touch of the
helm of the national government Under the pre-
| NOUS administrations, the federal government was
treated as belonging TO the people, and as trust
to be administered for their benefit. The State
Banks have always belonged to the people. In
times of war the banks sustained the government,
and in days of peace the government the banks,
and the people pursued an uniform career of ad-
vancement and prosperity; the nation was honored
aud the people blessed But under the administra-
| ton of Mr. Van Buren,, when the government is
treated as the private property Of the present in
cumbent, and his highest and his most pa
triotic sentiment is to look Out for himself and leave
| the people to look out for tlemseveswe have eX-
perienCed destructive war upon the credit SyStem-
the parts Of the body polite, which before harmon
lied, now present jarring and dtscord-Gnd the ma
ton has sunk from abyss Of misery to another,
until the guilt of atfiiclion seems bOttom!ess, and
con- lecture abanduns the hopeless attempt to fix its
depth.
D. You now feel the want of money to facilitate
and transact the vast trade which exists within the
| limits Of our own State WHAT causes This dis
| tress, and steps the richly laden car Of commerce
on the road Is it because the banks do rot lend
the money, and there has been gradual Withdraw
| ing OF the paper circulating medium What, then,
mas used the banks discontinue or curtnil their
transactions, and withhold the supplies which It is
their interest as we'll as their business to furnish
you 1t is because the whole power, influence, en-
ergy, and measures Of this Federal Loco oco Gov
erament are wagiug war Of eXterminntion against
them and it has sent forth its decree for their de-
structiOn, and for the destruction of your interests
and your property in So far as they are ted
with them; that their arm has been shortened, their
assistance diminished, and the great financial n-
terests of the country payalyzed! Can you remedy
the existing evils growing out OF want Of cir
cuatng medium by destroying the little you now
have viii you be better oil with less when your
present misery flows from having too little VIII
you desire no bread because you cannot, from the
oppression Of your rulers, enjoy the whole loaf.
Fellow citizens, we are no advocates, apUogists
or defenders Of the banks, as associations or iHcor
pOraitonS We look only to the great Credit System
under which the country prospered, until it wa.
made the object Of attack by the oy nrSha downing
power of the federal government; and We now up,
hold it the shield Of the people from the total ruin
of its measures. We feel the hard blows of it,
enemies upon us in common with you, and We
point you to the arm thai strikes and not TO the in.
slrument through which yon feel the struggle, as
! the just object of your Indignation.
We have referred you to the past experience Of
successful enterprise aud prosperity under our
credit system. and the melancholy reverse produced