The Hawk-eye and Iowa patriot. (Burlington, Iowa) 1839-1843, 1840-03-19

appointment of near LOT, 600 Oftlce-hold-
ers, depending either directly or in
directly on the will of the executive
for their continuance in Office. All
men have more or less influence, and the
circumstance Of their holding Offices of
honor and profit, certainly increases their
influence. Now is it not fair inference
10 suppose that these office-holders will
average FIVE votes each, this will form a
political capital Of half a million Of votes
to commence on-being number nearly
or quite equal to the vote of the two lar.
gest States in the Union. Add to this
the immense influence which the appoint
ment of numerous band of Sub-treasu-
rers to take charge Of your revenue, will
give the President. together with the en-
tire control OF your treasure which is now
surrendered to him by an obedient and
pusillanimous majority of Congress, and
you will easily perceive that the execu-
tive branch of our government bids fair 10
overshadow and overtop every other.
Your being represented in Congress will
soon be but solemn mockery. You will
have the shaao,c Of liberty while the s,sJ-
stance will be gone forever!
But there is another view of this sub
jec:, which renders it painfully interest
ing to the citizens of the gra;n-growing
states, which wish you calmly and Sc
rionsly to consider. You were told but
very few years since by the advocates
of the late and present administration that
there was no necessity for bank of the
United States-that state or local banks
would answer every purpose-that the
former was dangerous, and the latter safe.
Hence the public money was removed
from the U. S. Bank, where it had al
ways been perfectly safe, and given to the
local banks;-they were encouraged and
almost bribed to increase their discounts
their number was also increased one thirt
or more and you were told that all was
right, that the wisdom of your rulers had
brought about happy state of affairs
that the rise of your lands and your pro-
duce was the result Of the extraordinary
sagacity, of your rulers; when in truth,
it was the result of bloated and unnat-
ural currency:-a suspension Of specie
payments as naturally followed this state
of things, as any effect follows the cause.
The officers of government discovered,
too late, their error, and, taking advan-
tage of their own wrong, they common
ced war of determination against all
banks, and the entire credit system.
Hence, the advocates of the Sub-treasurv
III Congress declare their object to be the
destruction Of all banks. Now this course
will inevitably annihilate commerce. one
of the most important branches of nation
al wealth, that is so far as the grain grow
ing and manufacturing States of the Union
are concerned. Such of YOU as live in
these States are already testing the bitter
fruits of this contemplated destruction of
the credit system. All the products of
your lands have fallen to almost half the
price they bore only one year ago--fear,
dismay, and gloom have taken the place
of the cheerful and happy industry that
formerly animated your bosoms and dwell
lings! Your business men feel that their.
arms are paralyzed by that government
which should protect and encourage the
industry and enterprise of its citizens; in
short, the question is anxiously asked by
all classes of men, ",ehat aU;Nthe end of
these things beg
This picture, gloomy as it is, is never
theless true to the letter, so far as the
grain growing states are concerned. But
perhaps some of you may be disposed to
ask why such man as John G. Calhoun
advocates the Sab-treasury, if it leads to
such disastrous results! The motives by
which he is influenced are easily discern
ed by those who have marked his politi-
cal career with attention. His patriotism
has never extended beyond the bounds of
the southern states he has always
viewed the free states with a jealous eye,
and he has almost invariably eyertcd his
powerful intellect against their interests.
Now the Sub-treasury law will not affect
The cotton growing states at all. The
market for their produce is mi
Europe; while you cannot sell bushel
Of your grain there unless they should b.
afflicted by the dreadful calamity of a fam
me. Thus while the cotton planter is
carrying on his trade as usual, with Eu.
rope, you, by the humiliation of your
n