The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1840-03-18

sEhFs oi Vac Bursn. Wright g. Co., LEVEL
LERs. pEsTRrcTivEs, and DEnAeosUEs But
We can assure this self conceited financial gen
tsmsn, altheagh he 10. as he informs Us, inde-
pendant 10 his circumstances, and ba, been TO
Europe there are ~his manufacturers in Mas
szc chuserss, possessed Of better sense and more
property. and have, perhaps, been to Europe
also, who have supported. and who will continue
to support, the measures Of the administrator.
or almost any sthsr. destructive as he affects
to believe them, 10 preference TO. and 10 defiance
of, his own wild schemes Of policy aod finance.
which he is now attemp,in. fosce upon them.
In defiance OF abuse or threats from any quar-
ter, the citizens Of Massachusetts,, Of all polit-
cal parties. have nobly determined, NOT TO des.
Troy. but 10 HEFoRM their Bank paper system,
which the false and ultra principles Of ~hig leg
Islation had imposed upon them. So extensive
and alarming had these evils become, that the
principles Of self protection-ihe first law Of
nature loudly called for some effectusl pro,ec-
ton against the swindling operations,-sas INV
less aud arbitrary acts.-of their own corpora,
,ions This protection they were determined
Ito have aud the consequence has been tina,
monied and all other corporations. in that
state. are. or soon will be, deprived Of the pow
or Of perpsiraing future mischief. The PEo.
PIE have chosen to exercise THEIR OWN
IPREROGATIVE, TO LEGISLATE FOR
! THEMSELVES; and are no longer TO be
plundered starved into subjection. TO pro-
mote the EXCLUSIVE INTERESTS Of
incorporated monopolis,s unprineipied SPEC
! |ULATORS. orsoulless SWlNDLERS. For
the last twenty years at least. the people of this
couutry have enjoyed the full fruition Of the
system OF currency advocated by the writer 10
the Herald. They are fully satisfied, yea, sa-
tiated. with past enjoyment; and. in our opn-
| lou. 1t wilt require more talents and greater in
huence than he possesses, or than all The whig
and loccfoco leaders together possess. again to
force it upon them and Of all classes, the la
boring, the productive. will be the last to sub
nit TO il.
More ADD greater evils they have already suf-
fered from this system, and they have much
greater and a more reasonable dread of its per
4 than they have ever suffered, or ever fear 10
suffer. from any tyranny that. ia this country,
irwin ever be in the power of political dema.
gogues to infi2t upoR them. Yet that there
are demagogues, We as readily admit and as
deeply deplore as lhe writer. Men have al
ways existed, and perhaps always will. VIII"
are ever ready for any service. whether politi-
cal or otherwise, where thrift will follow fa-n-
ing In hearty adherence Of the mere po-
litical demaeogas, We go as far, or even fuHhsr,
, than the writer himself He is doubtless a
. dangerous and despcable character; and bis
schemes and influence should be detected and
, resisted. But no combination OF political DEM
agogue. will ever be able TO subveu the libsr-
ties Of the people Of this country, unit, you
make their MINDS IGNORANT, and their MoRALs
CORRUPT. Among other evils, it is on account
Of the fearful tendency Of this writer's system TO
produce BOTH THESE RESULTS. that We oppose
it, and We trust in God that. en this account if
\ no other it will always be opposed by vast
majority Of the American people.
We do not now regard the question as TO the
+: policy of continuing the existing state Of the
\ currency, AZ party question. We,.=w II in
deed as out Of the power either of politcal dem
c asogues, or Of those at present most interested
# in sustaining it. to make it party question IL
n is question that deeply involves the vital
' and paramount interests Of the whole eommunI'
~, that those who are advocating the policy
and expediency Of continuing the presen, state
= of things III regard to 1t; that, presented in an
isolated form, they will hardly succeed in rally
l. ipg respectable minority 10 its support. We
c shall therefore leave the party striies OF The day
r for those to engage in them who have an inter
:, est in following such pursuits. In future mum
bers nf this paper shall endeavor TO follow
' up this subject, aud supported by spch argu-
y ments aud on such authority as. we think. wiz
j. be found to be unquesonable and impregnaoie
The arguments We shall bring forward IN sup
port Of this reform. are substantially such Us
: have heretofore been adopted and supported ny
some of the leading and most Influential whig
= Journals 10 the country. And they are snc u AZ
we will venture to predict. will Intimately De
= sustained b. 4. msoriiy of the freehen OF Rhode
t Island the Providence Journal and the Her
g aid of the Tirnss to the contrary notwithsiand-
=, ing. W.T., .,Ianr- = 20
d WING NEWSPAPER ENTHUSIASM.
o The New York Post alludes to ibe deception