Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1840-10-14

(as did Col JohnsolA the ice President |
E.cf the working imam Escnnenstsrr
That il is the apowed policy Of Mir. |
Van Buren, and his co-workers 10 reduce
the price ofthcir labor; that the direct op-
Grafton of the cherished measures of this
Administration, MS demonstrated bythem.
selves, is 70 bring down the price OF the
labor Of The working American citizen,
whose daily labor earns his daily bread, |
70 the standard Of European serls and
subiecis-from the dollar per day that they
have heretofore enjoyed, down 10 3, 4 or
5 shillings per week.
LET HIN REMEMBER,
That under the operation of the Sub
Treasury, (by the showing of its friends
instead Of being able by industry and
economy, to lay up enough from the labor
Of one year 10 purchase of.the government
a snug little farm, home that he can call
his own,v-the continual savings Of six or
seven years viii hardly suffice to effect il;
the price of his labor will be reduced to
one shilling or less. where he now gets a
dollar or more; the price of the public
lands still remains a dollar and a quarter
per acre.
/ Let tie people remember
That il is the policy of the present Ad-
ministration, and the certain result Of their
darling measures, TO reduce the value of
their properly and the price of their pro-
ducts. This, too, is demonstrated to be
the effect Of these measures, BY their pro.
jectors and friends.
LET THEM REMEMBER,
| That while the price of labor, Of their
property, and the products Of both, are
| thus depressed, Mr.. Van Buren's salary
rs still $25, 600, and that those of all the
otTice-holdefs remain undiminished in a
| mount, and intact trebled, quadruped,-
multiplied in value just in proportion to
that depression: in plain words, if the peo-
pies labor, and the peoples properly are
reduced invalue or price to lid, l-4th
or 10th Of the present rate, the Presi-
dents salary and that Of all lhe Office
holders will buy three. four or six times
as much Of either as now. The Presi-
dent wab in effect, receive SIS, 900, 500
600 or $3.50, 000-and each member Of
bis cabinet ia stead Of 100000 will virtually
receive Is, % or SO, 600 dollars per an
| mum.
LET THEM REMEMBER,
That individually and as States we are
in debt; a nation Of debtors and a nation
in deb-and that just in proportion that
the price and value of their labor, their
property, and the products Of both, are les
sehed by the baleiul but certain operation
Of these measures; in that very ratio are
their debts virtually and in effect increased
their abilityto discharge them lessened.
| TO make this so pain that .'he who runs
may read, = suppose that mechanic owes
! 500, the .last payment on lot of
| ground that he has purchased for $500,
aud on which with his own hands he has
erected a home forhis wife and children,
thus increasing lis value TO S400. He
has vet hundred days TO make this 500
in. Alta dolllr q day he could do it; but
the operation of the Sub Treasury has re-
duced his wages toone fourth then former
amount, and he can only make $50 in
the time. He fails to make his payment,
his house is sela by the sheriff; and by the
further operation Of the Sub Treasury,
reducing the yalueof property more than
| three-lourths, Notwithstanding the addi-
ton to lis actual worth by the erection Of
Il dwelling upon i',) the houss0nd lot both
fail 10 bring the 500, and he is Turned
out pennyiess.
] .Agalu--a planter owes for the purchase
] Of slaves 10 increase his force upon lis
pauts,ion debt Of $4,000 His prop.
/ cIty Ia land and negroes. fairly valued is
worth $30,000- The debt must be paid.
De sells enough Gas things were wien he
created the debt,) 70 pay it, and is still
worth $4,000. The Sub Treasury
comes, and under It's influence. his prop.
erty IS reduced 20 one fourth It's value,
viz; 10 ST250. His debt is.stiTl the same
land must be paii; his land and negroes
are soldto pay the debt, and he still owes
S2500!!!f This is lis operation upon
every debtor; it increases the weight o
his debts by lesseRIng bis ability to pay
item.
4 let tEc people remember,
( That during Martin Van Buren's admin
istration more of the peoples money la.
been sqaandeFed. than during the admins
: traiion ofallthe Presidents together: tina
I during his administration there have beef
: more pubic defaulters than during all th
! other administrations more rogues in higl
7 places. guilty of .:nigtty wrongs and pet
~ perfdies" elevated and sustained b.
the arm and protection Of the Govern
!, ment.
I'll LET THEM REMEMBER,
r That during his administration, ela@
Sfl are violated with IMMUNITY, moral obliga
&. tions1 scofEed at aud derided; knaver,
81 walks 4he.streets with the bold face Of hon
- esty; pEunderers of the public institution
e obtain sympathy and forgiveness ken
i dali.
LET THEM REMEMBER,
That during his reign, dogs have bee
E. made soldiers, and soldiers have been tres
ted Ike dogs, tAl'the aoweraof the Amer
lean army have left it 10 disgust.
n Eset&tsse people remember, .
o, And teach the bittef BUR Wholesome le,
son to their children, that during Igarti
Van Buren's reign, the constitution ha
81 been violafed;the public faith disregarde
B. thspublic virtue destroyed; he anationa
n honor sullied,and the glory ofthe nation,