The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1840-07-10


which wish to say one word. lie contended and
proved conclasiYely by his own argument, that this bill
will establish me distinction between the currency OF
government and that Of the people which have been
coDtending must result from il, and winch he had just
asserted was mpoliic in the of things. He in
sisted, and very correctly. as believe, that the currency
required by this bill for the offecholdeT better than
the bank paper circulation; and charged that the oppo
nents OF the Dill IN urging the objection admitted the in
feTonty of The Peper currency which is in use among
the people in their ordinary business operations. Sir,
have already substantially admitted that il will be Sc I'M
der the operations OF this scheme-and now sir de not
hesitate say thai the paper circulation afforded by the
banks, ai%aYs will, under all circumstances, and
from the very G. things be interior as gen
sraL currency. Then, sir, the gentleman triumphantly
asks if we are in favor of the collection and disburse-
ment of the revenue in Inferior currency! answer
that the Administration has refused 10 establish for the
of the people wen tie government, sound and
uniform national currency assert that TIE fault
of Ike Administration themselves that the people are
obliged TO Use an inferior currency and sir IN the lace
of these facts am bold TO say that what Is good enough
for the people Is good enough for teir pubic servants
trust have quite reached the point III tis cou
try when will be permitted The servant TO set himself
above his master And, Mr.. Chairman, Whatever may
be the result now that this will be tile final verdict OF
the free and enlightened people ofthis Republic nave
not the shadow OF doubt.
New sir as to the charge Of the honorable member
that no one believes what have been endeavoring TO
prove but fedeTaiss ban1es and aTisto-
crats / have word 10 say.
Sir repel the charge unjust and without founda-
dation in fact. confess was somewhat surprised 10
hear the gentleman indugiDg in terms OF Ieproach,
which are so personal to many of his political friends IN
tlle House and elsewhere. But, sir doubt not ual
there is perfect understanding with those VINO oImer-
ly acted with tie old federal party, and are now lhdeh-
fled with their modern democrats, that tey are 10 tdhe
no offence AZ these lille denunciaons against uieh.-
They know nothing is meant by them, ana that tney
are olly used operate upon the popular praudice
which exists asaas the name they formerly pore, anu
which they ssaui now ba proud TO heaT Ii 1t Were mol
for the cdiula which attaches TO IT, II the genuchd
from New York thIr. Strong) Will give himself the uou
bic to examiae public Recsds, he viii nnd that ne
has committed blunder in deiiolicins tie nppoeso
|
cause to repent. lie win na by examining Mr. WOOD
burys report 20 the extra session OF Congress IN lo'
that he has unfortunately put the saddle on the wrong
horse In that report he will lind tue iact rs snteu ny
my friend from Massachusetts,, thr Cusihisl hial aieA
ander Hajaon, that monarclnst and enemy q hserty;
as he IS represented 10 be, though iasey, ty lhe pu
zans Of this Administrations the author OF this very
Sut-Treasury scheme which Is now made tiie est o
modem democracy kfr. Woodbury. says substantially
In the rcport referred to- that this scheme was recon
menled by tlat Department in 1850 NOW, SIR, neg 70
know who was the Secretary of the Treasury III iso,
but Alexander Hamilton! Tue gel.sh IL Io1 nor ~
his own trap aud he seems to nave suc hoiy nor
ror for any thne and every thing coming from Alehai
der Hamilton, hope he will now nave inc caiiao' 10
admit that this is feGefa meastlre ana aDanaohh u
| Mr. Ct,airruan Continued Mr.. CD L repeat again,
that il il fact which no wen informed man, mo- "louy
blinded y his devotion party can deny, that the great
bodv of te old federal pary especially all tile lead
ing men of that sarty now identified with, ana are
the most Jealous supporters OF TINS a'inihistfsuo "s
they were al Cen JacksOn's during his second tcri.-
IL is nerety natural sir that should be sos LOT they
find themselves ut home Without the SLIGHTEST cnslge
OF principle those old feder7ssE caii nc houeii uoo
erats of the very first water.
Sir. thinls4 can explain to you in one moment
by what process this aInalgam3tlon oil the ola
/ federal party with the modern democratic party
was brought about DO you remember General
Jackson's celebrated letters to MIR. Monroe, IN
| which he SO bitterly denounced party spirit, and
! prescription for opinions sake fe told Nir.
| Monroe that 1eycrY thing depended on the selec-
tiop of ntisN n,nistTy' And that, Gin every Sc
lection party s party feeling should be avoided"
seNoy" said he, (" is the time to externinate that
monster, called party spirit. 4hese OLD ieoerai,
lists had been prescribed, ana ekeihaeo iioh az
PARTICIPATION in the administration OF public at
fairs from the time of Mr.. Jefferson's election
MANY of them were highly talented and ambi-
tions; and from Gen'l Jackson's liberal and toll
Grant professions in the letters to which have
referred, they very naturally concluded Ii he
came into power they might stand some chance
tn come in for their share in the administration
Of the offices of Government. They joined in his
support, and their hopes aad expectations In this
resIect were not disappointed. For, sir, many
of the most important Offices IN the government
were during mis- administration, and are tins mo-
mcnt filed by tae most ultra of the federal and
, anti-witr party Of 1Si5-l6" This Is TACT that
caIsiiot and viii not be denied.
Sir. am Disguised and sickencd with this re-
f diculous and hypoer1ticai cant about Democracy
and federalism There is nothing in 1t. 1t is
used by dcmagsgnes and hirelings tn gull and dc
ceivc the people. Gen'l. jackson in one OF the
same letters to which have already REFERRED
saws. g that names Of themselves are but bubbles
: and sometimes used for the most wicked purpo-
ses.n-And what says Mr.. Jefferson, the great
apostle and father of republican principles In
his inaugural Address Of March 4th 1871, he
saws q We have called by different names oreth-
rem of the same principle. We are all rePuoii-
cans we are all fedcrahsts. Ii there be any
among us who would wish to dissolve this Union,
or to change its republican form, lei them stand
undisturbed as monuments of the safety with
which error OF opinion NAV be tolerated, when
reason is left free to combat it," Sir, repeat
there is nothing in it, Every man who supports
the present unPrinciplcd dynasty, and VINO Will
6 Crook the hinges Of his knee
That fsheft) may follow fawning,"
no matter what his principles may be, IS instant
ly claistened democrat, and all whe dare OPP
pose them are denounced as federalists, aristo-
crats and bankitcs, without regard to their poit-
ical opinions Sir, it is part OF the business OF
the Irostituted and subsidized press in the ser
vice Of the party in power to denounce the oppo-
sition federalsts, aristocrats and British Wings
Such slang when found in their columns, may
therefore, be overlooked and treated with the
| contempt it deserves but it is lamentable that
men who aspire to be gentlemen and who hill
high places have not self respect than to re-
peat ii on this floor in the Councils of the Nation
i The honorable gentleman from New \ ork next
attacked the declaration set forth in the resoiu-
tions Of the Legislature, that tins measure is a
new and g untried experiment on the finances OF
the country.n He calls upon the opponents OF
the bill to know il they oppose it on this ground;
what they are for. Arc you, he asks, In favor OF
| making of State Banks you IN favor
! of the tried experiment of National Bank TO
such an institution, says the gentleman, Is our
attention directed 1t is, he asserts, the great
end and aim of our exertions Sir, am not au-
therized to speak for others; but for myself do
not hesitate to avoss before this committee and
before the whole country, that am the decided
advocate Of : national bank, under proper iimi-
tations and restrictions And | will attend to
this part OF the argument, presently.
(fo De coHTINUED.) 5af s.
| FESHis Si0Si'fILY MISS saf4i..1's, OF keli-