Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-09-25

lad the interests Of commerce. md the same
which establishes the Standard of )salue in TO-
sn exchanges must perform the sand bushes, in

"
q r. iaoorer-thst the poor is TO be reduced I,
VI w Tor a few peanies pegday. Why, what is la
T' 30 lar as II presents itself in the market fol
we, ss * not a commodity
Perhaps not, properly speaking, but | must be un
efstood oy the term TO say, that IL is much
smmodity as any other property, And is il not il
price OF property, and the necessaries of life =
And when is the labouring man the most
independent and most successful In the due
aations o. trade and business the expansions of pa
Per, and depression from contraction Or In sta
Die, uniform, steady business Our experience is
worth volume OF theory, and appeal 10 the expe
rten &c OF every man that hears me. Let Us take
- md ~, when the prices very high
hae prices # property ROW low, ard the price,
"t labor are low but when in 80 or '40-would the
same snmber OF days work of the aberiug man com
Ana the mest hour, the most beef, or purchase the
most essent.l things of life | know not that it
lnay be true here, but in the county where reside,
dhe same lays work will command more Of every
eeessary OF lie this year than il would in so or31
Planse).
IL true, then, that the price of labor is depress
cd and not also the price of those commodities on
which the laborer most lives! Can II be so! What
produces property OF any sort but labor, and our
vis5rher earth which that labor may be used Is
II possible that the of labour rise and labor
itself sinkf Fellow citizens IN nay deliberate judy
meAt, fluctuations, the expansions and centractlons
OF the uncerair standard of value, are fatal OF all
thIags TO industry OF every branch-to the merchant
10 the trader, and the single handed iaborer much
alike. i admit when currency Is debased the
sOor man suffers beyond his proportion
The merchant and the banker-the man who is
engaged extensively in commerce, understands bet
Ter how 10 protect himself but the laborer W no has
bat his dollar two take the open market Tor
has standard OF value, and to him OF all men IN the
world a staple, fixed, true standard Of value is the
- saoSs essential and the most important.
Bat, fellow citizens, accusations are brought that
the administrations of General Jackso asd Mr. IAN
Barren hitherto have produced these dangerous
fluctuations. Is it sol And have not known
fluctuations under national bank system| How
was it in 1919 ls20 and 1872 Then the national
Oaak starting into life, with 81, 0OOO0O Of capital
20 back its operations: before its third year was
lettering its fall, and a reyulsion more severe
~-6a that which We now experience, was the ccnse-
eRce of the expansion produced by its operation
pw long was il after we had emerged from that de-
Ess,en, before had the same evils, and almost
hxrsssae degreel Simply to "a, '2j, 20, p; and
then agaia IRE records of the times show US that
thousands of the laborcrs of population IN our
towns were seeking labor and were seeking bread.
Tas not our experience shown US, then, that bank
yunot preserve staple and true standard OF value
&c that standard can be depressed to-day, il must
praised tomorrow, ani the dependents OF all busi-
Dos men must be disappointed one way or the other
ut, fellow citizens, am convinced am firing you
this subject, and Others call for my attention.
10, no--go on
p.her OBJECTIONS urged against our adminisra-
ton; and one is. hat the President seeks TO make
himself tyrant and usurper And howl BY re-
9ommending a standing army. daughter Com
ypssed of what Two hundred thousand men'-Of
two hundred thousand soldiers, in the ordinary
ceptatlon of the term' No but OF 100000 free citi
selves, who TO be permitted TO have arms and to
learn the Of arms, and yet 10 remain with their
wives and children, to cultivate their fields, and 10
attend TO their shops.
And we. under the influence Of this tvrant are 10
rrise up VITA or muskets, and shoot, cut the
fhroafs OF our neighbors, and establish a military
despotisra. lLaughter)
Fellow citizens Is il doing Justice 10 our sense Of
right and to patriotism to attemp; to influence
the ballot box by arguments like theset
But / am dispos ed 10 treat this matter with perfec
- #T.H. "A hon srsaS ~
az eut cf our government to this hour all wise States
have felt ;he imperfectcns OF our militia system,
sad recently, when our population has swollen from
Eve millions 10 seventeen or eighteen millions, one
great desire OF patriot President has been 20
relieve great a part OF our fellow countrymcn,
now subject TO 1t, from so tedious duty
as that imposed the militia. The roll at pre-
cent numbers a million and halt Of men, who
compelled to arm themselves, and devote several
days every year to duty. Ia has annual report the
Secretary Of War-and owe II 10 the man. from my
knowledge Of hIm, 20 say that more patriotic, in
telligent honest public servast have never known
--reeomme nded a Classification OF the citizens
liable 20 discharge their duty; and that instead Of
80 million and a half, tsat two hundred thousand
rsaen should be selected Of the age OF TWEEN
40 twsnty-six. uf bereabouis. TO discharge
-ailtary duty-that they should tram more tnaa
tkey had beSn accustomed 20 train, and that
they should oe paid for their time lAppause
This recomme ndstoE was laid before the Presi-
dent in that annual report, which II was the
duty ofthe Secretary at Washington TO lay before
the President and he said in has message 10 Congress
shst he could not too highly recommend the con-
siler2tion Of that recommendation OF the Secretary
a. their consideration That was the length of his
recommendation. Time passed on, and al length
TTe Hoese OF Representatives called upon the seere-
tary for she details Of the plan 10 be drawn from his
Susrestions. That detailed plan contains some tea
turrs Of whieb DO not approve, and Of which be-
Iieve, mature consderation the Secretary himself
does not approve. And Immediately the charge
,ras started that the President wished 90 convert
4his government into a military despotism by these
200 600 militia TLa1ghter.l lie was called
upos himself by some portion 81 the treemen OF
rhis country to state bis views, and what did he
Kavf That the general accommodation At the Sec
refary in his annual report, was laid before him,
and ~ reconmeudfd . 20 the confederation Of Con-
sees Mar arSSif,a plan he never saw till II was
presented 10 Congress; and now an attempt was
AIDE by their opponents 20 fix on that declaration OF
his, the stamp Of fssehood Fellow citizens, |
have but remark TO make, and that is when
.sny stranger comes amongst US TO charge Martin
Wan Buren, with delibeTate faisehood Ike this, II
.ould not be the man who stood between the arms
ftbe country and the enemy during the late war
tremendous applause)
Again. fellow citizens, it is charged az reason
nv we should discharge the present administration,
~ we have had an expensive Indian war IN lori-
D. and that money has been squandered there
hle the has been prosecuted In an irnbecile
prner I admit that aas been a most disastrous
u expensive affair; bst ! have yet 10 know any
gmbcr Of Congress. Of either party. who opposed
= Nurle appropriation FOR that (Applsuse.)
D. money being appropriated, il was the duty Of
D President O. eXpend u IN such manner az ne
boud think the best TO bring the war % close. But,
en- whom comes the accusation From parties, 10
size extent al least who some years gone BY were
growing over the c1untry symPathisIng with poor
indians, while the ble0d Of their fellow citizens
wonen and children-was running from the knife
sud the tomahawk NJ the Indian, without exciting
the svmpathics of those who felt go warmly
for Tie India led this blood
Suppose the would bear it-as ! hope and
knsW n would "a. the war which cleared New
! NJ. -Dd Of the I'D some parts Il New
w thogld b. ed upon theri-suppose thew
ahauid be hunit WI Ike beasts Of prev. and
rewards SCI tft scalps. how few Il that
tit1ie ard OF SEM ia remain Why has
mach Money been sQuandcredl Why because
humanity has characterized the government Who
was the President whan that var Wa commenced.