Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-10-08
[WHoLE No 552.

Of paper IN a circulating mediutn will bv
even IL such dlsconl niwance
were desirable, unless the Government
shall break down the aeknowl dyed au-
lborhy of the State Governments TO es-
iabIish Banks We believe the cbamov
agains, State Banks, State Bonds, and
State Credits, TO have been yaised by
the friends Of the Administration To d.
vert public attention IRON its own ms
management, and TO throw on others the
consequence Of its own misconduct
We heard nothing Of all this in the early
part OF General Jackson's administration,
nor until his measures bad brought the
currency Of the country into ths utmost
disorder. We know, that 10 times past,
the present Chief Magistrate, OF alb
men, had most 10 do with the systems
of State Banks, the most ianh in their
usefulness and no very severely ehss,en-
ed desire to profit by their influence.
We believe that the purpose Of exercis-
ing money influence over the coo'n,u-
nifty has never departed from the Admin
istration. What IT could not accomplish
by an attempt to bend the Bank Of The
United States to its purposes, we be-
lieve |, has sought aud now seeks,i0 effect
by ,he project OF the ub-ueasury. We
believe, that in order to maintain the prn,-
C. pies upon which the system Of the sub
treasury is founded, the friends OF The
Administration have been led to espo,se
opinions destructive OF the Internal COM
merce Of the country, paralyZing TO its
" hole industry, tending to sink It's labor,
both in price and ~ character, 10 the de-
graded standard Of the uniformed, tho
ignorant, the suffering labor Of the wors,
parts of Europe. Led by the same ne
cessity, or pushing the same principles
still further, and with a kind oi revolu-
tionary rapidny, We have seen the rights
Of property not only assailed, but denied
the boldest agrarian notions put forth
the power Of translnissions lroIn father
TO SON openly denounced--the right VI
one TO participate in the earnings OF an
other, to the rejection of the natural
claims Of his own children, asserted as
a fundamental principle Of the new De-
mocracy and all this, by those who are
in the pay of Government, receiving
large salaries, and whose Offices would
be nearly sinecures but for the labor per-
formed in the attempt TO give currency
to these principles and these opinions.
F. We believe that the general tome Of
the measures Of the administration, the
manner IN which It confeis tavors, its ap-
parent preference for parzans OF es-
IRENE opinions, and The readiness with
which it brstOws ITS Conscience on the
boldest and most violent are producing
serious injuries upon the political morals
aud general sentiments of the country.
We believe that 10 this cause is fairly TO
be attributed the mos, lame ni able change
which has taken place IN the temper, The
sobrety, and the wisdom with which
, the high public councils have been hlih-
, erto conducted. We look with alarm 10
: the existing state Of things, in tins as
pect and we would most earnestly and
: with all our hearts, as well for The honor
] Of the country, as for its interests, be-
seech all good men TO unite with us iD
an attempt To bring back the deliberate
are of the Government, TO restore TO the
collected bodies Of the peoples Repre-
sentatives, that seli-respoct, dccOru'n,
and dignity, without which the business
of Legislation can make 10 regular pro-
, gress, and is always in danger either of
accomplishing nothing, or Of reachi"g
its ends by unjust and violent means.
We believe the conduct Of the ADMIN
, istration respecting the public revenue
e to be highly rcprehensible. u has ex-
i pended twenty millions, previously ac-
q cumulaied, besides all the accruing IN
% come, since il came into power and
. there seems at this moment TO be no
e doubt, but that il will leave to its success
sors public debt of from five to ten
! millions of dollars. 1t has shronk from
: its proper responsibilities. With the ins-
D mediate prospect OF an empty treasury, II
2 has yet not had manllness to recommends
to Congress any adequate provision. u
5 has constantly spoken Of the excess os
= receipts over expenditures, until this en-
I cess has finally manifested itself ~ an
r absolute necessity for loans, and ~ -
b power conferred on the President, alto
Z pe,her now, in our judgment hostile to
n the whole spirit of the Constitution, to
e meet the event Of want oi resources, by
d Withholding out Of certain classes os
appropriations made by Congress, such
!, as he chooses to think may bs best
i. spared. il lives by shift and coDtrwan-
e ces, by shallow aT,iices, aud delusivs 9
;, names, by What is called " facilities" {"
IF aud the exchange of Treasury notes
y for specie !" while in truth It has been
;, fast contracting public debt, in the
VI midst Of all its bonsting, without daring
It 10 lay the plain ond naked truth Of Tvs
g case before the people.
Is We protest NJ ans, the conduct OF the
e House Of Representatives IN the case oil
e the New Jersey election. This :, not
g local, but Il general question. In me
'e Union OF the States, on whatever INK
the blow Of injustice or usurPa''on '"'s,
A. il is felt, and ought to bo ieh, 'noogh
r. the whole chain. The cause OF New
,o Jerscy is the cause of every State, and
ol eycty state is therefore bound TO vind'-
no cate II,
nn That tho regular commission, or Ger
ve G6caic Of return, signed by the chisl
~. magistrate Of the State, according to the