The Ohio Democrat and Dover advertiser. [volume] (Canal Dover, Ohio) 1839-1840, 1840-02-07

Iuelr I6tnHTRy dnO piOuhSOo OIL oh""o'ou
contest. Ii is remarkable, however,
that neiIber jackson, Clay, Crawford
or Adams, we're run as federal candI-
dates. Each Of them was supported as
a republican csudidale. The old lines
seemed to be broken up. aud the itiendS
aud adherenls ofihe old democratic doc
,rlnes were found 6ghIing under the bau
uers of all these candidates. No one
received a majority Of all the yO,es-eiy.
en-; and by union Of Mr. Clay aud b,si
lrieads in the House Of Representatives,
sniilj seIr AJamsa and biz friends, the
latter was elected TO the Presidential
chair. To wha, purpose was soon dls-
covered. One Of the first acts of his
administration, wes, to recommend TO
Congress The adoption OF measures not
wurrented by the Conttitution, aud 10
boldly a6monlsh them, that they ought
moi 10 be pslsied by the will oi the'f
constituents. The people. indignant OF
the manner in which he had obtained
po wer, and insuIted by the srrogant
tone and odious federal doctrines which
distinguished his official communlca-
iions to Congress, rose tn their maJes-
ty aud hurled him from his station, 20
make room for that distinguished patriot
and statesman, the Hero Of New Or
leans The election Of this lllusirlous
man was great victory, achieved by
the democratic principle asserting the
rights ot the many, over the iDIr ue,
lnsolence and ueutpattion of the federal
party asserting the rights oi the few.
The history of President Jackson's
administration, is tool ileshs IN the re-
collection of all, TO require even brIvf
sketch oil II on this. occasion. The
most important event OF that period, aud
one which is ultimately Connected with
our present relstions,, is his war, as II
has been called, with the United STATES
| Bsuk. This subject is still Seiote the
country; and 1t is 10 the destruction of
that Institution, that the federal party
ascribe all the pscunlary embarras>-
nenls under which we are now labor
ing. They are still IN the mourning for
their great ''regulator," and sIouIy
maintain, that we shall never be pros.
peIous or happy, until the ''i's ~lator"
shall have been raised from lie de. d:
| and some Irresponsible Money King."4
,s the Pres dent ofsn irree peasihJs cQt-
Ioration, shall be entrusted Wuh en ab-
1olUle control over all the husinees,
trade, commerce and property of this
teal conledetacy. Ma. kind Prov
dence, in his mercy, deliver this free
'eople from such prosperity, as would
follow in the train this Of ron despo,i4m.
| The first. Bank of The United States
"cs chartered in 1871. /, was time
ofgreat pecuniary difficulty. The re.
pubIlcl was borne down by an immense
debt, incurred by the war OF the Revo-
luton. The couhlry was poor and the
people, Iaborlng under pecunary en-
} barrassments. II was believed by ina
J ny, that such an institution was neces-
sary to The operations Of government;
would afford relief to suffering COM
munity and enable US to sustain our
, credit, both al home and abroad. Under
I this state ofthibgs lhe charter was gram
{ ted for period of twenty years. 1t
( was opposed by Mr.. Jefferson and his
q friends ol that day, as an unconsli,u.
+, tlonal, inexpedient and unwlse meas
= ure; and it formed one otthe gres, land
a marks, which distinguished the two
e parties. In 1911, the charter expired
and Congress refused a renewal Il
n l9l6, a state oi things existed which
= strongly resembed The period Of 1871
n The government and people were deep,
u in debl.--Many of The local bank
= had failed and others had suspended
G specie payments There seemed 10 b,
IS no measure ofrellef left but the creation
d ola Bank; and under the influence o
n this pressure, the friends Of the bsnl
y presented their application and obtained
ID another charter for twenty yeare. Som,
Of the Democratic party yielded to III,
re exigency; aud the President himself, un
n. der its influence, waved his objection
~ and signed the bill. The history Of til
l- time, proves, that both these charter
r. were procured. during a panic IN lb
j. monetary affairs of the couu,ry; an
e. that fact furnishes satisfactory expIsr
&c alton of the panics, which have bee
ic created among us since General Jach
ne sons veto upon the bill recha,,erln
as the late Bark of the United States. A
20 experience shows, that men are:not /.
n scrupolons in regard to principle, or {
I'd firm in their adherence to lis mandate
lls under intense suffering, as they are
gb the meridian ofprosperity; and il is W
.ts on such occasions, That the enemies
TO human liberty steal uponthem and e,