Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-06-20
THE ISSUE-oN THE CURRENCY.

ana the extract with which il concludes Do not
we pray you, make up your mind in reference 10 the
great question of the Presidency until you have
IuIy read aud fully reflected upon the nomentou,
l. sLes involved in the contest. Shall this be FREE
ACKNOWLEDGEMENTS Of the interest of the rreat
BODY OF the People, or shall it be transformed into
DeSpotism for the benefit Of cf;ce.hodcrs ALoyG7
THE SUB.TREASURY.
he situation Of the country at the present mo
ment, we consider as the most critical that it has
ever occupied since the organization Of the gov.
crnment. To the charge Of the present Congress.
! " all human appearance, is committed the destl.
mes OIL oul existing government--to that body il
IS apparently left to decree, whether it shall longer
continue, or make way for one Of another form;
and the decision either way appears to be susDen.
ded upon the "hazaId Of the die. d" Should the
SUB. Treasury bill become law. its death kncll
Will have been sounded should that project ex
Penence defeat, the government is safe; but whelh
er passed or defeated, the result will be carried
Oy the most meagrc majority. That bill has al
ready passed the Senate, and in the House the
Administration party are in the ma GRITTY; and il
the party there are unanimous in its favor it will
De passed; but if but two or three Of the party op.
pose It's passage, will be barely defeated but the
country will be saved.
WhIIe nothing but the most specious sophistry
can be advanced in support Of the sub.treasury
system, argument the most cogent and voluminous
can be and has been, brought against it. The re.
ducton oil waves, the diminution OF values, and
inc consequent augmentation Of present ndebt.
edAes thereby affected, constitute but small part
OF the evils that will be occasoned by the passage
Of this bill; for, in addition to these effects, tie
i'1e7iteS Of the country 1riH be forerer gone, I'M
p,osdo,,,taI 'Ho a. .iV 'oaGhi'g
If corrnn,;aa WIZ" VIII 0e ''"Po''ioIS
W. H. w., ' .D,. P'T'ei'' IT,
else d al ,Le ,, '',''c vo!
The ce,,a;, lr .i " ''-0'0 .Oio'D'. S'.W "
T., 49, -"I~'' u '''o ''o"'' P'eSen''u WIFI.
'"'i'0 SP'-e' uaI Is contained IN tue lo-
y o"''5 e@'ihcI rom a speech delivered by CoI.
John CAMPBELL, oil Virginia, for many years
treasurer OF the United States one Of the first
hnancierS Of the naton and statesman as well
as a fnancier We vnrld ras,ec,G,Ilv lie rar,,
sal tn cvarv lo,os, ,,l,.o,,., n i - ,... -
is in sa,r,L ar ii 81 W.
,a;,: "''U " ''''0 'i''''" 10 VPe" ~
~ Aiahclal system may DC pro.
"uCIre ol Sucl Oa.e!ul effects as are therein por-
t'dyeu, bfei, indeed, Will be the PERIOD alter its
before a succession, and that. per.
hapE, flmilY succession. will he fastened unou
the American DeoDle, rs firmly and as pernian
emily. as evnr ,paS ,ha Uor,sLn.ol IT, -.
ETanovar;o,, J,,,z,,,. - e
49, E,,.l:.L i 9''N''y upon '"I -lu'"'",I' lehCn
o'''' "'lO'e 4Hou9H q" present. the pro-
postum VI Il HIand'PS army oil 2OUUOO men APP
pears 10 meet with but little Counenance, then,
there viii! be no obstacle in the way Of such an en-.
and if for limo. the hoh officers or the
government should coptinua to La ,o,n;,oU,,
elective an army nc ,.oI,,,eo, ,o,or. 49,, ,t'
mon an, aa,...!!,o. ,y r NI'i '"eH'
-" or! e'i'VI 6e"o!' NC '"a'cneu rom loyal 10
d, u'soHec'co o'a'e or district ana TO carry the
IleclIon every where, ny maorties II that shall be
deemed sufficient, but by 4 kind Of comp llSOry
reclamation, il desired.
Al, j. no,v sJr,;,,,d n, oil haul. h., ,to s..;,,,
of this RanuIlir j. son aJ ;ro,.r ,, ,io oi.o
TIM Medium consists enIireIy or onor iss,o5 ,n,r
the nutboritv of rho GenoroI l,,rorrrr,o,, -
such system vve mood M, Inrrar ,ai to. C,t,
soverei,;ntiss ar rho Iihar,ia. - 49, - IT.,
will be nj the feet nf rho ltsner,i G,yor,,oo, t
il must become n sin,nIa cnnSoIil,,e5 G,snn,isrn +,
would soon hoard nm in iis y,mIrs nh s snoc;o Of
the nation as is the rosa now in Prs;, nnd tho non.
pc would have the Government n,nar os it, ranys.
sentative The stree, II, of snnria would bo c,rs,er,
v running from the peonia in n,vnlaot of tI,ei-
taxes, under the Sub-Trra.prv S,strn, ;n,a ~,
rIL,is Of the i;,r.,r,,,,t vEiist Tho Gn,,rrr,o,t
paper would flow out rs the circulating TsIinIn
until the whole country would he iroipai Of snecie
and flooded with Government, ps3cr. Every man
then in ille nation would ne more or Iessa crs5,r
mont non.- in n" ~" ',1 snS VI I'7 ~
in sustaining Tin All It's 6as,n,;.r
nder such system. would il not be perfect mock.
cry talk about liberty In this view OF the sub.
Iect how can the Sub-trea>ury system give a speci.
.lFcu'auon Inc Government creditor would d.
'Iot r5 as ne ana before lie eS,sTSGNent OF II"