Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1840-01-07

-. r,,s..taiion ana laws To INC
2 q II ...-,s.rfisl w'icfhcf these fcsnhs
% ~ bt opea violations oi ihe la'ief'
t,us Ola sYsicfn Of WHICH Use re-
2" emo An inncruio execution
~. erecting statutes oi most oi VIC
~ &" IA ,-lrf-es many evils noR choufea'
s'''' .s.-,oslly show tho banks TIC danger
90 ..,s,.ncu, which impuni'y encpht-
HH ,.-- a. re 5uai. aud would teach e,9,fipo- .
60, thog are subject % law "nal-
IN wanting 70 effect 'acse ooJee@ .
nd, IA additional Legislation.
u, r,e,n time IL rs tho dutY oi the gene
--'.,,-'r,sr, 70 cooperate with tHe S'Ales'
,y,-. i.o ~ is constitutional powers
-, enhancement Of iis existing
.,,,-, 10 which d may DO 50 ny lu''.''
.,,s,s,,s have already sdFrH'' " so
,ss,,o, 81 Congress may vel eniafso ui0"'
~, ,..,yh, which presses upona I'rse Po'-
- -. ,.,,,ic and states, a an enormous
- II - domestic Tho foreign ueoi
= $50. ,oypnyaiious. and men Of busl-
-, srarrcly be Jess than s2O0OOo'OoO
...,.,tag more than Sl0,000,O0O year " pay
~ .,,sresi. Il is easy % see the increase ol
~, s,,cign deb, must augment thc anhual ue
- an The exports 10 pay the interest," ann
4, .,r,e extent diminish the imports ana
-..,,..on 10 the enlargement OF tho ioleign
y, "a DO consequent increase Of interest,
-. - the decrease OF the import trade
-, -. N. ona,fatis which 1t NOW brings Us, we
V" -, 90, cigantir b7nkiBg iosii;ut,nns, and
..ss AL 90 uiln, Instances pf"hiicss rai'tnads "
-. ,l.e,hsnt 30 great extent. ~ interest bp"n
s..,,.i brtfowtd 10 construct ilcin. the surplus
49, ..,.casl instfstrr co. Years te come and se'
-, ,,..sft, no adequate return fton c"n,h'rs
- E..,. os their hands might have secnred.-lt
-, 4, tie increase nfths debt thai rrl'i T. !" re
-, t., a. ds tiniuu'inn. Upon this punt There
~ k,.,, 10 say hooe before not :" much In
49, rr.,s,lcnce abroad which Will enable the
So :, k,,,ow mote noue' - ~ change "i pub
- ,,i,,c !, home Which prompts our people to pause
!, tb., carer and uink Of tie mems 10y when ueO's
a., a u. ua,d before they hrc contracted
~, would escape embarrassment pubic and PIT
-. =, rus, cease 10 ron m debt. except Tor ob.
,,e,, az n.cessiiy such ~ vii yield certain re-
,g,r I,t the fshh Of the states. corporations aud
,sdl,do.ls. pledged be kept With the most ponc,l-
| -. ,e,,,d II % dae Ia our national character rs
III. % u.t,oe that this should the part OF eac h
~, s,sd ptincipe Of conduct But II behoves US
N 70 be mote chafy 10 pesgng II hereafter. By
s,s,ne to ron 10 debt aud applying the surplus Of
81, crops and Incomes to the discharge OF existing
,Ai,s,iios. busine less and selling more. and man
,,,,s An ,Tsfs public and private with strict econ
-, ,,d iracalty shall see our country recover
Icn temeo,ar, depression, arising not from natural
4 ,,A u<,mansni causes, bot from those ] have emu
H<fated and advance WIN renewed Niguf ~ Hcr ca
r,ef 81 property.
Eo1osits, for Us. at this moment. when the bal
,se, Stfade is against and the difficulty OF meet
i.s il ,hhahctd BY the disturbed state Of money az
hir providence have come to rehcye Us from the
eess,eo.nee Of past errors faithful application o
n. immense results II labors of the past season
vii aAoni partial relief for the present, and perseyet
ace IL tie same will accomplish The rest. -
Rot let lie ndcbly enPraven upon our mind
iA,, r,isfs not 10 be found in erpcd'ents lntcb,
s.a tsana he essened nv bnrrnwiGp more nnncy
Q, b. changing the form nj the debt The balance @
irsdt not to he turned IN our favor ~ creating ncv
o,Eands upnn US abroad. Dor cntrrncy cannot b.
improved b, the creaiion of new banks. or NOR" Is
ss.s than those ,ha, eIst. Although these des &c
sosetmes appear to give iempua'y relief. theN al
met h'sriabY aggrayate thu evil IN tie end. II
! eyty sueoohmenr and reform. by cur aiding pub
N isd private expenditures by pa, our debts, an
reforming our banking system that we ate ~ *
pct relief In shaping the Institutions and policy q
kseneral government to tins end you may rely uf
co ny earnest endcavofs.
That THERE should have been, in the progress
oil recent events, doubts in many quarters can
no, surprise US. Doubts are properly attend
an, on all reforms and il is peculiarly the na
Iure Of such abuses as we are now encounter
Ing, to seek to perpe,uate their power by mean
oilasuence they have been permitted TO &C
cure. 1t is their result, if not their objec
nany, by securing to them a monopoly OF Gun
nncy the medium through which most {
the wants Of mankind are supplied-to pre-
duce throughout chain of dependence whlc
eads all classes to look to privilege IL
ATOMS for the means of speculation and extra
agance-,o nourlsh in preference TO the mani
virtues that gave dignity to human nature,
craving desire Of luxurious enjoyment ar
sudden wealth, which renders those who see
them dependent on those who supply them
to substitute for Republican simplicity and
economical habits a sickly appetite for cifem
nate indulgence, and an imitation OF that rec
less extravaganza which impoverished and el
saved the industrious people OF foreign land
sla al last to Tx upon us, instead OF those
qua political rights, an acquisition OF whic
was allke the object and supposed reward
Revolutionary struggle. a system OF exclusN
privileges conferred by partial legislation
Ihe result thus far is most honorable TO Il
Sll denial, the intelligence and the PATRIOTS
o. Our citizens !, jusllhes confident hope Ia
hey Will carry through the reform that hi
eecn so well begun, and that they will 90 ST
ariher than they have yet gone in illustratlr
me importan, truth, that people as free al
ehighiened as ours, will whenever II becom
necessary, show themselves 10 be indeed C
pdole OF self government by voluntarily a1op
us me appropriate remedy for every abus
VIC submitting 10 temporary sacrifices, howe
ugfeal to insure permanent welfare.
"y own eXerlions for the furtherance
sese desirable objects have been besiow'
suolghou, my official career with a zeal tn
"SSk'Ss.ad by ardont wishes for the wclla
ny country, and by unlimited reliance u
f0A hie wisdom that marks its ultimate deCl
;on on all great and controycried question
impressed with the solemn obligations il
posed upon me by the constitution, desire
also oil laying before my fellow citizens, wi
whose confidence and supper; have been
highly honorch such a., ,..,.o. 81. 1900