Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1840-10-13
THE HERALD.

.o.e .S!r.- s-s...s-. s->.s so...~,
parts of the country, lay it all TO the passage Of
the sub treasury bill. This is piece Of absur.
diiy that no figure can illustrate. 1t would be
Just as wise to say that the discovery Of q lead
mine in South Carolina, or a teapot among the
ruins Of Herculaneum was in consequence Of the
sub treasury law, as it is TO say that that law
could have any effect to induce men TO engage
again in business" What tina, law which says
to the manufacturer, You must hereafter sell your
wares for one tenth the price formerly obtained,
going TO be an inducement for him TO host the
gate of his factory-scour up the rusty gudgeons
of his machinery and brush away the cobwebs
which have been for years accumuatng in his
deserted es,ablishment!! Is the master me-
chanic 10 be encouraged in the same way to pur.
chase stock and hire journeymen -! Is com.
merce with other nations to be enlivened by the
circumstance that we are about TO reduce the
wages Of labor here as low or lower than il is
with them, in order that we may make as cheap
or cheaper than they do, and consequently need
NJ more deal with them Is the humiliation
of paper money for metallic currency-that very
| measure which is the cause of the stagnaton as
every man, woman and child in the United States
knows-going 10 have any different effect because
government Is going TO collect all i'll -- - "old
and silver and lock il up in iron co s,-.
the country, and give the keys to as pN ,t
friends of the president Who re h.
embark IN business on the streni h. a.
prospect Any one ready!
We can give better reasons why 1ol .terg,'.
ing men are struggling to start the ponderous
englnery OF business-and those that are as ey.
dent as proof can make them.
One reason is, the evident necessity that EN-.
ployment be furnished for the thousands who are
now suffering for the want of it, relieving them
Of the necessity of resorting to crime to obtain
food, and TO arrest the vice and proAigacy always
concomtant Of deness. More drunkard have
been made by idleness, in large and porulous
places than the enemies of Harrison over have
anticipated from "hard cider"
| Another is, the empty condition of the market.
OF late years, comparatively little has been man
ufaciured, and those who have had the means to
buy, have nearly consumed the stock provided
previous to the suspension of business.
Another land one which is the life OF the fore
golne) is, the prospect of eIecting a suitable man
in place OF the one who has brought about this
state Of things. The people have now been
laugh! by the most bitter experience that me.
talic currency, exclusively, can never answer our
purposes in this country, and that banks are alb
soiutely necessary, and also that the banking
system needs reformation mot destroying,) and
ihat their operations need to be held in restric.
uon by similar government institution, which
institution TO be under the control of Congress:
and Congress being virtually under the control
OF the people, the end of il all is, that the people
could control the currency as their own interests
demand. Tits Is whas We understand ~ -
mocracy-this much abused and misapplied term,
viz system Of government in which the people
rule TO promote the interest of the great whole
not where the executive rules as will promote his
own private and party interest.
| That the election Of VIM. HENRY HARRI
| SON will produce return TO the old well triet
and successful Institutions of former times
and that his election is almost certain, is our wa,
Of accounting for the cause of the gladstone in
dications Of a revival of business and the NOR
certain the prospect, the greater will be its &C
tivity.