The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1840-04-01
WashingtOn's Opini0u!!!
Listen to the voice Of the Father Of
,.... his country. -..

Listen TO the voice Of the Father Of
..,,.r. his country. .
IN the year 1851. Gen. Washington wrote to
Senator in one Of the southern States. on the
subject OF paper money in which he thus ex.
presses himself. We make the extracts from
the letter as found among the writings Of
Washington, published by Sparks:--
do not hesitate 10 declare, that
n bad a voice in your legislature. il would
hase been given decidedly against a paper e.
mission, UPoS THE GrNERAL PRINCIPLES or
frs UTILITY As \ REPRESENTATIVE, and the
ihe Necessity Of il as a medium. TO assign /
reasons for this opinion, would be as unuccss-
s'ry as tedious. The ground has been so Of. |
tca lrod, that place hardly remains. Ia n
word. the necessity arising from want Of spe
CIR. ia represented as greater than it really is.
coSTkND 1T is By THE SUBSTANCE. NOT WITH
rnE SHADOW OF THING. WE ARK TO BE BEN
EFITED. The wisdom OF man, in my humble
opinlon. cannot Al this time devise a plan by
which the credit of paper money would be long
supported: consequently, depreciation, keeps
pace with the quantity of the emission, and ar
uc'cs Tor which it is exchanged, rise in greater
ratio than the sinking value OF the money.
WHERE!S THEN IS THE FARMER, THE PLAN
ErE. THg ARTISAN BENEFITED p -
s" An evil equally great is. the door il mmc-
diatedly opens for speculation. BY WHICH
TUE LEAST DESIGNING. AND PER
IlAPS MOST VALUABLE PART OF
THE COMMUNITY, ARE PREYED UP
ON BY THE MORE KNOWING AND
CRAFTY SPECTATORS" .'s
lfthese sentiments had appeared with the
name OF Andrew Jackson or Martin Van Buren
attached to them. the wings, with one voice.
would have exclaimed. "w wha, levelling os.
irines--what rank loco foe eism 7" They strike
to the root, and war "upon the general princi-
pies" Dare the wings denouuce the father
Of his coantryl for he here comes within their
definition Of a "thorough. going loco-foeo.' -
Did Washington desire to reduce the wages Of
labor, for p'sferrine the substance to the shad-
ow, He did not believe that there is not
specie enough in the world TO do the business
Of the United Statcs:" on the contrary. he says
the want Of specie is represented as greater
than 10 really is" t-
Let the rAsnKR. let the ARTISAN, ponder Oh
these iruths-for remember IL is the voice o
Washington speaking from the grave. tina
pots the question. "whetein then is IN,
fAemer, the planter, the ARTISAN benefited 2
Remember, however. that, as Mr.. Buchsna,
says we Know that the existence Of banks ans
o'e circulation Of bank paper are now so iden
tined with the habits Of our people that the,
eAsSor be abolished, even IL IL we're desirable
and that TO REFORM. and sor TO DESTROY. i
our ,nosso. trifls 4snaI .tt asIn
The new steamer Presideot. which is TO ri
bstweep bivsrpooIand New Yort. is reced .
a ,hfec-rnassed schooner. Her stern e orus
nesied With hersIdc desiens. which presents
combination Of the Arms Of England aud ,h
-tloissd States Ber 6spr--hesd will be a bu
Of Washington. Itis ealeulated that she vi
carry 1000 toos Of goods. besides her eornrl'
nn-n, Of coal. luggage. &c. -.