The spirit of the age. [volume] (Woodstock, Vt.) 1840-1844, 1840-08-28

"The great point to be established, by the mis-
iy lahors oflhe Van Buren, presses is, that banks
are of fecr0i origin lhatihcy are the conrivance
of the iederasts of former days and that the wing
party is really the old federal yarty and have, as
that party multiplied and perpclualed these nstu-
TONS feicral Paper,
Not exactly. twill take moment 10 show
that the paper money system is of federal origin,
nor can it be denied but that, in its prosperous days
many well-mcanng democrats were honestly lndu-
ccd to ayorand did llvorit. But now, that the evils
ofhat system are apparent, the question is, which
party indcayors to uphold aud pcrpetuatc it. That
Is the question, and we need not add one word to
show That it is the federal party who ale in favor
of the present banking system & that it is the dem
ocralic party who are endeayoring TO reform that
system. Reference to the Journals of the LcgiS-
Ialure for the last few years, will show that the en-
tire democratic party have voted for reform, while
the federal party have steadily and obslinatc.y OPP
posed it,
II It's now generally conceded that the banking sys-
TEN j. an evil. Who uphold it 1t is not so much
who enormously bring c, upon community, as
who after the evil is seen, continue TO sustain it,
Men may honestly do wrong, but good men atone
for their errors by endcavorng to remedy the evil.
they have brought upon the community. DO the
icdcraliss show desire TO atone for the evils OF
their erroneous lcgslalion' Yes, by doing all in
their power to entail upon lho State system o
swinding, of partial legislation that has deadened
the energies of the Stae-prostrated business
bcgottcn paupcrs-sucked the iic-blood ont of the
lahorns classcs-crea,cd a State debt of almost
TWO HUNDRED THOUSAND DOLLARS
lost To the State in stock, FOUR MILLIONS, and
run the people in debt to the banks more thar
TWO MILLIONS OF DOLLARS. That is wha
the crafty mobsycopha,s have done. Where ar,
the MILLIONS Of dollars in stock that have beer
exported Where are the nearly SEVEN MILL.
IONS of dollars which have been taken from the
pockets of the people BY becoming indebted TO the
banks, by the expectation ofcapllal by foreign cap
talisls, BY stealing the school fund, and by com.
perg them to pay toll on their turnpikes ant
bridges w nerc are our young men Wnefe u
the farmers cattle, his sheep, his butter, his cheese
In the hands of the Spectator, at one half the
value.
What how long is this oligaIchy to suck tn,
life of the people, the cat is said TO- the breatl
of the sleeping child How long must my Of,
grey -hcaded father bleach his locks in the storms
of winter, and toll in the rains and heat of summer
tina, you and your climate, smooth chined and de
bauched son may o in ease and luxury upon YOU
siken sofas How long must my mother and N,
sistertoil when they should sleep, 90 hungry whel
they should eat, scar their hands and deform thei
persons, that the naughty daughters of tyrannica
aristocracy may be decked out in the trappngs AM
gewgaws aud ensigns of ROYALTY Let not tn
enemies of the peopc--a reckless band of merce
nary wretches-let them not mistake us, we hay
been BEASTS long enough But the yoke
shaken-persccuion has provoked TO love, an,
united the people against LEGISLATIVE DES
POTISM.