The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1840-08-01
COMMUNICATIONS.
FOR TIE JoCR:AL.

brood of vague generaIitles' fecA'eSS as,
sertions and disengcnuous ana Saroicu
statement Of facts. ,
From Committee so able to make Vie
: worse appear the better cause something
ycorc ;,nons;ng, in aTgumrnt and fact, was
- L,-e I,nrn expected. l. shows, howe
yer, in the strongest light, Tue utter weak
ness and desperate character OF the cause
to which, in an evil hour, they committed
themselves.
lis desultory character renders ii difficult
to generalizc. except under two heads
!. lst. An effort to show, of course 'ra'
Martin Van Buren, is sad political proiil-
gate; utterly t'unGt to be tho ruler OF Tree
peoples" ANA
2nd. That the hard cidcr-drinking ten
ant of the log cabin. at North Bend, IS a
marvellous prorc: man'-exhibi!lng the
usual and Characteristic contempt OF The
oracles Of the party, for the understand
ing of those they profess to enllghlcn.-
We must, therefore, treat, it somewhat IN
detail.
They assert that Mr.. Van Buren ought
to be removed -
Ist. Because he is "the advocate Of a
Government Bank (meaning the sub-trea-
sury system.)
Now, those gentlemen must have eXcee-
dinghy vague notions of the features OF q
Bank, in the proper accePtation OF the
term; or, they must be. las we have reason
to belioye,) prcsu'ne iA'g":F on the igno-
rance and credulity OF their fellow citizens,
for whose especial eIilication this forty
days labor of love was designed. They
are, doubtless, all the ardent friends OF the
Banks, and cannot be presumed to be lg-
norant Of their characteristics, but would
find it a difficult task TO designate single
point of resemblance between the sub
treasury system and Bank, which would
not at the same time, prove any individual
to be Banker who collects his own in
come in the currency which the constitu-
tion guarantees him; deposits it in his own
vaults and safes, and transfers IL from one
point of the country to another by bills Of
exn...4e,,---- according to- ttIc eSigencles OF
his business. The government. under the
sub-treasury law keeps no dcpostes but its
o1rn; discounts no notes; nor issues any
thing as currency.
Secondly. "lIc continues to wage ia
tai war upon the credit and currency Of the
country"
Here we have broad assertion without
any definition Of terms or specification OF
facts. What do gentlemen mean by "crc- |
dit" and "currcncy?" Do they mean that
sort of 'crcdit" which Mr.. Van Buren,
spoke OF September, 1887, when he de-
clared that $40 maa'is Il friead to his co&n
try who is opposed to the proper "se Of
credit declaration which Mr.. Van Bu' '
rem has not gainsaid since, by word or
deed7 lie is the true friend cf credit who
would guard against its excuses, as he is
the true friend of liberty who would guard
against licentiousnccss. Are the committee
advocates Of excessive credit! If not, what
have they to al!ege against Mr.. Van Bu-
rem? Do they mean by the currency the ,
issues Of the State Banks? Then we ad-
duce the disclaimer on the part of Mr.. Van
Buren and his party, of any authority in
the General Government TO interfere in
any manner whatever, with the issues Of
the State Banks. This is a fundamental
part Of the creed of INr. Van Burcn and
his party. He has waged no war against
them; unless it be war to refuse them the
use Of the common treasure of the people,
for the exclusive use and emolumcnt Of the
few favored individuals who own their
stock, and the few favored spectators and
shauers, who monopolizc the larger por-
ton of their available funds. MIR. Van
Buren, proposes to leave them to stand up
on their own resources, untrammelled by
a connexion with the Government, which
MIR. Biddle, himself, pronounced corrupt
ing, and prejudicial to both parties; con.
graduating the stockholders of the United
States Bank on their divorce from it. We
defy the concoctors Of the address under
consideration, to show single aeasurabf
hostility against the "Banks" or "curren-
cy." They surely will not have The har- i
dihood TO assert that it is an invasion of
the rights ofthe Bank spectators TO with.
hoid .hc peoples @1cacy from their rapa-
sious grasp? A!r. Van Buren, in common
with many eminent men of all parties
deems the present banking system radical
ly wrong; and among them John Tyler,
the whig candidate for the Vice Presidcn-
cy. who has nroponrceJ II ga gross lclu- |