The Ohio Democrat and Dover advertiser. [volume] (Canal Dover, Ohio) 1839-1840, 1840-08-07

ASt
4 R That jewel never had inherent worth.
* Which ask such foils as these to set il forth.
AN EXTRACT from speech deliv-
ered 10 Congress in favor Of the In-
dePendent Treasury Bill, by The Hon.
JOIN Hastings, of Ohio,a a warm heart
cd !on ofthe Emerald Isle, but for
ma,y years resident of this coun.
ty{and now Democrat (as oil true
lrihmen are) from Ohio.
"SnS am native Of the Green lslse
Of the Ocean blessed by heaven and
cursed by man-and am proud oft, of
that land ofgreen fields and flowers, oil
brave hearts and stout hands. ! know
and fSei the expressions that have been
exercised upon them'for the last seveh
hundred years --exorcised upon them
through the same spirit and policy that
have inflicted upon the u. States the
monopoly and exclusive privilege sys.
tenn, misnamed the 'credi, system
credit system indeed II ls the very
opposite Of credit, for the whole ca:a.
logue Of slavish circumstances II has
involved us in are discreditabe 10 free
people. Has it not made US subservi-
ent to Bnaln, to British policy, to Brit-
ish interests, through the United States
Bank, through our stocks, through our
corporations. through our monopolies,
through our very society engendered &
promoted Dy herselfi II is, sir, very,
very far from the truth, that a metallic
currency, that wing elec,ioDeering gulI>
trap, to impose upon plain, well means
ing people, induces and creates low wa
ges for labor, as respects Ireland at
least, which | will show beyond contro-
versy. Bu. 10 so doing ] must recur 10
ireland's halcyon days. comparatively
haIcyon | mean, for halcyon days that
fair Isle has never seen since she came
under the British dynasty.
But as was saying Nr, that was the
prosperous day of Ireland, when work
ing people were paid in NOTHING
BUT GOLD AND SILVER. Iney-
er saw Bank Note at that time.
When persons would 90 into the rooms
when cloth merchants were paying the
weavers for their webs, he would see
The tables covered with piles ef gold &
silver. ] speak from experience, for
that was the business learned--to buy
linen and get it bleacbed ,-workers Of all
descriptions were paid nothing but spe-
else was seen or thought
Of among them, and Ireland never pros
pered better. No, cir, il is all non
sense talking Abou! the presence ofhard
money causing cheap labor and poverty
and pauperism.
The Bank oflreland had not then
been established. But when visited
Ireland some years after my arrival here,
The scene was changed-fAy Banks
iashingiaway, upwards Of twenty mil,
ions of paper dollars in circulation, de-
preciated Of course, guineas ID per Ct. |
and wages 20 per cent. at least lower
han when | loft the country. The PA
PER in circulation there at present is |
said TO be about FORTY MILLIONS
OF DOLLARS. and labor 10 not much |
moro than HALF THE RATE il was
Turing the PROSPEROUS yeriod ofa GOLD
AND SILVER currency, still the
Wings assert aud try to make the labor.
" believe that gold aOd silver is curse
md that banks are necessary to our
prosperity They are truly necessary
o the gambling speculation and mODoP-
'list that they may get the lands, hou>
'es and produce Of the country into
neir own hands and then charge their
'wn price for them, but they will always !
rove bitter curses TO the laborer and
lonOet dealer"