Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1840-01-31

l
rulers have done nothing worthy Of prac.
tica statesmen They have not consider
ed the wants and the sU1erngs OF The ma
ion and undertaken, Is they ought TO
have done, practical cures for The evils.
Mr. CLAY here gave severe re5uke to
those who have made The Senate chamber
n ho OF proiessorshlp to lecture and to
censute the States for their proceedings in
regard to,he currency. He demanded TO
know how men who are cternally pre-.
tending aud boasling to be the sole advo-
Gates and supporters Of State Rights prln~
clples, could stand up here, aud hutl their
denuncla IONS, day after day, at the Sow
ereIgD States OF this Union, on account of
the course which they have thought or
may think fl to pursue
After dwelling on this point for some
time. be declared that the Government
could not get nd Of the Banking system.
1t Is here fixed as The rock embedded IN
the mountains which divided the different
parts Of the Union; and, therefore, 1t
would become prnclical statesman to
look at The actual Stnte Of things; and IN
his OPINION Government must leglsla,e
with reference to Banking System,
whose continuance is inevitable. and can
! not be prevented by all the speeches and
messages, IN this Chamber or out of this
Chamber.
NJ Clay referred incidentally to the es
Enlistment of National Bank He did
not intend to propose such an institution,
bu, he believed it essential 20 the proper
administration Of The finances of this coun.
try; and hoped that when the peoples
voice was heard calling unequlvocally for
1t, as he believed it soon would. that voice
would be obeyed.
One of he most striking and impressive
parts Of his speech, was that IN which lie
noticed the extraordinary arguments IN be
half of the Bill urged by some of the Ad-
mlnis'ratlon Senators ; aud principally by
Mr. Buchanan, ON Friday. last, founded on
the newly discovered maxim Of safety and
increased happiness to the people OF
this country from bringing down the wa
yea OF labor. For the first time. IT. was
then DO div announced that one object OF
the measure, and one Of lis principal re-
Communications 10, hat 1t will enable the
{ capitalist engaged III manufactures of any
description, TO contend advantageous
with foreigners Tor supplying the mar
markets of the world, by reducing the
wages Of the Iuborng men IN his employ
menl'
The great boas. Of Jackson was that his
measures were calculated to prevent The
, rich from becoming richer, ana the poo
from becoming poorer. Our new doctors
have reversed this policy entirely ant
| hnl In Iat no IA a
, termination to be to muke the poor poore
for :he purpose OF making the rich richer
Truly did Mr. &. declare that this way
Of reasoning gave to the Bill IN stron!
light, "A character more infamous than an
y IN which 1t had yet been presented Ii
, denied the principle that the reduction q
, wages was an indication Of prosperity. o
a the contrary, It. was permanent high RAJ
4 Of wages which gave that Indication. >
, also, oE kindred subject. pertinent hig
rate of luleres,--not Il Temporary, OF huc
n tuatlng rate of interest-but permanen
/, one, shows the prosperity OF a country
n Tlhs view was illustrated with slnguIa
+ felicity, coplousness and power. II
concluded with the declaration that tha
country is most tlo"rIsh.ng where the pm
= ces Of labor are highest.
In competition with this branch of tn
subject. Mr.. Clay referred, by way of lllu.
II trallon, To q remark Of the celebrate
editor of the Edinburgh Review, Franc
Jefitev-now Lord Jeifrey-who vlslle
a this country many years ago, and on IeaN
ug II, said Thus is the Heaven Of The poo
man but the Hell of the rich" WI
all It's eXtravagance. the observation SHOW
|, ed that The lliustrious Reviewer had bee
+, struck with one Of the greatest marks al
q. evidences of prosperous population, IT
>. high rate of wages, and the conseQueI
N addition The poor man obtained In tt
+, comforts which he could not procure IN at
- other land the sun shines upon
u 1t is from tins state OF ease aud happine
, so different from the condition of Il
~ working men of tae rest OF the woId-th'
f. this pestlierous bill proposes to strike do"
es the tree, hardy, industrious, and enlerpr
-, sing laborers OF America. 1t proposes
~ reduce hem 10 an equality with the hal
~ fed, hall cluthed. Impoverished, and ude
ucated laborers Of most of The nations
If lnsular aud continental Europe.
~ Sir, (sald Mr.. Clay, throwing down Il
-, copy of the bill winch he had held IN /
-, hand | pass from tins measure, but | ho
n. the country will not suon pass from II;
l. trust the people wall continue to consld
nd and discuss It; and when the day of rec
-, oning comcs,- and sincerely believe
will be the 4th day March, l8ll,-t
-, will not forget thct one man object OF Il
hn leading measure avowed here was to q
,n to the poor man only so much for his lat
as would enable HIM to procure ba
% subsistence, SO TINT the rich might liza
ID, his goods produced at SO cheap rate
nv 10 Iernlt bm to compete advanlageou
m, with the foreign manufacturers IN
Io markets Of Europe !
Tho Mr.. Clay alluded to the remarks OF
m. President IN his Message, on the cont
ou exercised over the financial concerns a
NJ, business of the country by the Bank
ac. Eng He shared completely, he so
ro- IN the dissatisfaction which the fresid
manifested at tins display ofpower eXer
oos bv foreign Institutions -and he comics
x. Ia