Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1840-03-13


supposes principal Il comes Of encouraging oes
Discriminating this under the persuasion hat
country strengthen and foster our own
industry until has reached point of injurious usPendng our
employment and taking from them their bread we buy
balance many millions due TO En
which be paid of the OF the People, ana
PRESIDENT who has been promoter Oh
this policy complains his this serious evil and
rejoice he fails indicate the remedy He talks vaguely Of
economy upon Of the North and East
stand by aborers and not suffer them TO be
overwhelmed by this and then appeal TO them to lower e
wages Our duty plain, and must pursue with manly hrmness
Europe allowed supesede This
remedy bill will suppress creditsuppess boad cred
il, What SIR think invention TO de-
fraud the Public by the in which il spoken OF but is c
business and wherever there has been business there
credit existed and has been and will be abused to greater
comprehend how trade be
successfully without III Abolish credit and for whati Because
the policy Administration in Observation-Disclosures il
like the freedom speech and of the press be
other period which and
charge be brought.
what would be the condition country were denied
Nothing depnrabe The young
goes the world with his character for honesty integrity;
this his and only and by the faith placed in this he
funds necessary forward in
eni Of the glorious characteristics of institutions that this
path open his enterprise, and The wealth. well hon
OF distractions for the obscure humble
Shall anpe them, grind them with The he'll
power No, will espouse such an-repubcsn doctrine
will 70, law that declares the that they shall
hopeless poverty the rich that they alone shall have enjoy
ment Of property. t
speculation put H by specula-
exist where enterprise exists unless be the desire in the bu
mind for sudden acquisition might
de,ak the emotions passions The
y make prudent and sagacous in
desirable they should be s Far enough
tue avoid ruinous hszn but the ah who often
wealth, viii indulge iuve
Senator enlarge their understandings and sagy
There but by which credit and speculation sup
pressed denying facilities of business not
Alone ALL
the Senator tends He proposes diminish declaring
that there an aaion when crippled down by the scarcity
He would diminish Of
lenders when the public in despair for Of circulation He
that diminishing will diminish
opropey and be- but the great abiding
be dimnuton Of business His theory sboes
ing but reduced do business with
reduction Of business follow Is the country prepared hiss
Do as' enterprise great. we labor too
mueh' Have much drink comforts
and enoymens much multiplied that policy requires they
should be curaed What will the People nqu
res! Let him who willing be pared down first forth
claim H. Wages be diminished by culng demand for
them; for that is the effect Of reducing business.
The Senator in his argument seemed forget
contracting and contracted currency oppesvy upon the public
and Than those Of The difference
sion, the weight Of loss falls the creditor upon
the debtor portion: but either gievous calamity.
not reduce the below what necessary
feng than arises from =, te.. 4ss
The Senator from Mississippi ( walker) goes the abolition Of
paper The supposed
about This argues great reduction of
wsges and q" the value property which he will
The Senator from Missouri M Bcnon)-is for metal alone and
those gentlemen have bestowed the highest upon policy
cfe hard money countries The with the that
the onders have rich and become
while we are borrowers; and will him this
ms own principles lie mpues gold, and ners that
lenders we had metac currency only. Who. President
lenders OF Holand Those individuals who have
at one time owned most OF and who up empires
their boundes wealth. having pohted
The privileged few rich while the
Ian prove gets but his Sd and ID day This policy
desires The last that would be in harmony with the people
or in unison with their interests. svc that we de-
se prosperity among ALL property every where
anabe by all that deserve III and thus nvgorang
ness - which al may participate instead Of amsssng The pockets
ola few We borrowers be II better. infinitely better
borrow and thus dhuse capital excite industry enterprise
amsss IN heaps and become lenders nations with nation paup
at humc \ Ees'pt epefe AZ t'
D M Tear have dwell too long these matters, and win hasten
II!
sold like merchandise 10 the service
sell to vhonsoeve will buy his
most era The Senator value of il regua
ted by bank Not MIR Pcsef chiefly by The
amount ~ market and the demand WHICH exists for currency
demand small then necessarily he supply be