Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1840-02-03

u e last tour years VIII SHOW Inc administrator
here beginning TO be alarmed at the prospect Of
things"
Pleasant Prospects. The New Era in n column
Of complaint against the Federal Executive AN
the Custom House authorizes for several unp0pu-
lar appoint cnts, thus describes the present con
dition of" The locotnro party" in the city Of New
York:
"But when the petitions ofl0 or ~ thousand Of
our most ardent and devoted democrats IN behalf
of Majmr lloPKINs were rejected not only these
sguers, huI the democracy aud the people in gen
eral, were smilien down inro Iiter Discourage cement
and disafecton, and it confirmed every previous
fnrehoding. Our gallant organizations on behalf
the osrendency o the lnriy were scattered 10
the winds orr most ierventy devoted men treated
with scorn every proposition for n renewal of ex
tons; and to tell the plain ruil,, this is precise
iy orr present position with regard To til ,se
h dies OF active men, in whose hands the political
fate of this city undrniahly rests.
TnE SUB TREASURY Bill, specie clause and
all has been re Introduced INTO the Senate of the
United States, by Mr.. .SHas Wright, who If pro-
fcssons OF democracy had any influence on lis
practice o. should in conformity with the voice OF
this Stale, have retired from the Senate rather
than urge ngan this thrice condemned bill.
But so it is, that the moutling Democrats hold
on 10 office, N the expense of principle, aud this
suh-TreasUry bill isagain TO he forced through
the Senate
Under these circumstances, it will not he with
out intercs; to inquire how far The hard money aud
anti Thank doctrines, upon which this bill is fon
died. and which are so deliberately put forth in the
Presidents Message, are particularly enforced 10y
Loo foc0 authority in those States which have the
misfortune to be nnder undsputed Locotoco
rule
We begin with
and his friends have full sway, and for years have
had. Tine Banks there have suspended and.
when The Legislature recently met, what said the
Governor? He advised not immediate, nor
even prospective resumption, but that the Banks
should en- arge their issues Here is Practice per-
sus Precept; and even bank paper, known to be-
81 issued as rredeemable is preferred by n Loco
toco Governor 10 hard cash.
Tennessee.-Banhs suspended Loco ocoiSm i'll
both Houses of the Legislature triumphs. What
then? A resolution, requiring The Banks to resume
specie payments, was indefinitely postponed!
&c rgia..-Banks suspended. Calhoun Conli
ton. Fan BureniSm triumph in the Legislature
and hill u coa,pe The banks b resume specie pay
menfs rfjected!
S nth Carolina - Banks suspended. Calhoun.
Coalition-- Van l,ureniSn triumph in the I.egiSln
rnre, anda bill imposing penohes on The bank.
for suGpeniing cash payments and cJm cling then
10 resume IN reasonable time rejected!
Ma yianA Banks suspended Loco Focosn
triumps in the Legislature; but the Governor
talks softly aud cnnservaIivey about banks in hp
Message, aud the Legis lature, il is conlectured
will MOI he cruel towas these institutions.
PenSyirania-- Banks suspended. L0co.Foco
ism irlnniplls in the Legislature aud yet the Gov
ernor endorses credit and bnnks-nnd hints M
syllable OF resumption, or Furnishing them for pas
trai,sgressionS.
Ohio -where partial bank suspension occnr
red, aud where Fncosm is also in ih
ascendant Ohio, through heI Governor bnlll,
talks Conservatism and tbs Legislature will ech,
! the talk.
Virginia ch,alrous Virginio,-sh', ut least
will define her POSITION, md come out clean ~
| this great quesIinn. Alas. no-Vrgiuia, too
/ with hrg Loco Foco Governor, roars YOU, IA
gentle ~ any sucking dove about the banks
although rI,ry snSpe ii specie payments withou
even waiting for n niniI from New York and Ih'
Legislature has lrgaZ"d The suspension till II
| March, an will legaile il Just ns much longer II
| the President of the Bank OF Virg ia sal
! dirrcl.
! Here Then ARE eight .States with Loco Foc'
Governors and Leg slatures, and of which TN
representatives. in Congress al the doninnIl
! parry profess the Sub Treasury creed, serI
clause aud all when bro ITO HE test ofexp ,rilneIl
ms 10 their own banks and paper ntoney-g0, on
and all for iegaiizing irredeemabe Pdper issues
On the other hand.
.Nelo York, the Empire State - Wing The cor
has maintained iriumphanly her specie pay
nents has been the meaneS of sustaining illen
\ To the North AID the Fast OF her-and New for
rnises heryoice potentially mi consistently again'
The bnrharic scheme OF II hard money currency
aud IN fiv, r of credit and o banks issuing nole
convertible NJ will INTO specie.
Whom then on This subject, should the peopl
trust: those whose practice conradcts the
Professions or those who prove nike by profess
: ion aud practice, The value of that sound Syse'
:, ofcredn and Of banking, which the Sub -'Frealnr
bill aud The Presidential Message would fam an
; nihilale for ever?
+ DO not The facts we have thrown togeih
supply the answer 10 this Question. w T. Ame
D lean.
I "WAs NOT THAT TnUNDER" This exclamI
1 ton of Ion, in MIR. Ta0ud beautiful Tiage
l. il sniI n, hnve escaned fron MIR Vun Buren VIII,