Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1840-01-17


| paper rc,ccmnble IN com, has un0voidNbly
resulted from The condition of cur country.
aud our intercourse with fnrcign nations.
Tha, such currency is far better than
one exclusively metallic, is proved by con-
lrasting the general prosperity OF the coun
tries IN which i, IL employed with the con
duion .. those which use only the precious
metals. But it is attended by the dlsad-
vantage of n LIABILITY 10 expansion bryord
the legitimate wants Of trade, and in or.
der 10 prevent such expansions a. tar as
possible, aud mitigate iher evils. 1t mus
BE- Subjected 10 rcgnla'lon. II Is consc
ouencr uf the INDEPENDENT action of ,hc
legislatures oi the several states. that the
paper money issued under thcir authority
must in the absence of adequate rtGu'a.
! 'Inn be nn' quail N security ana cnnv'itl'
biiv. and lhni the amount lssnc1 must
often b" disappointment TO the rXgcn;l's
oritadr. Heretofore he federal cavern
mcnt has discharged the responsibility Of
such regulation, but for sometime past
Congress has made NJ provision for that
purposc. and the currency Of the country
has tern supplied by paper money issued
under the authority OF twenty SIX dtfercn
than those of ltadc, and regulated by other
considerations than those winch regard the
general interests Of the whole country.
The exchange of productions between
dts am parts III the country j. bnr'b'ncd
with ruinnus expenses. and the prompt
G lice ilnn of debts Is rendered impossible
Internal commerce has .uffar.d check
and Uptnuurmput Is felt IN every q mart
, h",' % business ne 'Np'",fS'
ava sacr'"ces resulting ''"'h Tue e"'o"'
! EASEMENTS OF Nao'. ,o'' Intimately upon
= nose engage" III productive 'hdoS'ry' '"'
? cause "'P''c'"'"'" u" W" '"'"e " '""'
itself. in The present instance. the cv,l,
: have bc'n aggravated by n long ana sever
: oe'n"9e"'"' ID o"' 'o'e'S" c"'p"'e'c CO. a.
" 'ho hf"''ct ~ US hPP'"P''"'t az" ''"p"'
. 'nh' '"hc'''"' were not eh"u9n' 'h' ''"e'
q o government ha> c"h'f'ou'fd !" 'hc'enS
d ne genera ehohTa'S'hc"t' ny "'"'''e
9 a Fr'se"e'nG h"s''lY l" 'h' INSTITUTION"
: "f ~" s'h''-' ava mas clS'"foe" 'hc gehf'h
Confidence oy rli"''s'o introduce meta ~
9 currency. The Introduction OF snch
d currency j. ''nprac''caO'c. ana w""h o.
), would require our citizens IN t"e ao-r"c
% OF necessity or hd' qnn'e motive. I" 'ednc
/, the value OF labor ard property I" the DC
u prec'a'ed standard at specie c'rcn anon
= TO the people OF ms state. ana a" WI
,. resort to her great cH'nm"rcla' market w
!. measures adopted by ~" genera govern
i ''''"' IT. e'''s WIS p''J'o' '"'' -" nov
IT oe'n p'o"ue''.' W "''''' '''' WV
j. ''"'' Wv '''''' WV ''o'|
d CIV ~ '"pP''' wv" VS. '"' '"'' ""'''
-e ~ '',''o"ee ','e e'"u',on ~ r..
ne we! "''I ,
al cy '""' I,a ' !T ''s'0'o '"' P'''
A. Pe''y VI ''c I''o"'
lie EXECUTIVE INFLUENCE.
~,
in Nv "c' WV ~ we t"r''I "',''"''.
n away '''P '"" "u' " "'''
i. P"H' '"1''" """c""' ''''''''' -
~ ''','' '',Ny .',
n '"' " ~
40 o""" ~ ."'c' W
cd '''"P''" ""'S Wy ''"' INV :" WV
# '''' p'"o, ~ "
by ,,rh,s bv h,Ii,oo,cn, E,rn,aon nation
H. 'rro cnno,,v has cvoer,cnced ore
II ot.oo, ,,,,L,, IN, Las, ,b,oa wars
IN nrc..n,c ;s fit in all its interests ~
he 'h,orob,r, lie whale oy,en, and cvc
n oHnu Ia rise has beon followed bv Great,
'e Inn,os.;nn The Federal Exccn,Ivc
be H., ,ooo,, commrn,c,,,,, IN Conr,es
as ox,onds n, bo,e of ,olief from these ev,
OF h,,, ,,o, ,ho ,do,,,o, of ,,oo.,ros :,
G,o..,,n -, u,,ioh ho, n,,d,o
ants ,ho mas, dsos,,ous cons,oue,cp
W. ,,dr.,,,o,, .onro,,,col .oi, >,
'es anal and ,,,,,,n. ,,onl, On,n,,.nn,,
70. j. h,nIa,od n, mn horoI,,o,v ,uron,h,,es
in n,l;,;ooI ,~I,, -, soo,o, cood Ia, u
-, horo ,;nod oo,o, and ,ro,c,,,,,, ,
Wy ,men,r H., roa,s Ethan ,ho,n be :,
virtue in forms of gAyernment. ours ougl
pa If well administered. to secure nation