, 1840-10-31

SPSCe III tHe country. broke m upon the ar
ran-ement. and forced a general resumption.
ms l knew To be temporary on the part o
the political and gambling banks. knew
tlat another suspension for the presidential
election al 1910. was the corner stone OF
their policy-that the bank of the United
States would again suspend fol that event.
ana Tor her W necessities; and that she
would he followed willingly by others. |
knew that the New York banks would not
suspend Il second time; that there would be
a SUSPENSION and a NoN-sUSPEvSTov flag. and
I'LL this | wrote down and published in nv
letters Ia nv cnnsiItu MS IN the wear 1883
md 1889. long before the second suspension
tx pia"c | wr,t" aud published in 81. LOUIS
IA uc:cjer. 1855, in>t twelve months before
'hc event took pfac". wrote and published
II ~ IN III Tie months Of May. June and .Jn-
u. ~ letters la NV constituents. four. five
and six months before the event. More
than this: | a,ain told The President that the
second suspension waS To come upon him.
| told HIM 81 in the month of April. 1889. lust
SIX months before the event. met him
near the lower bridge in GEORGETOWN; lie WIS
On horseback riding out: | gave him NV OBI
mon and my reasons: he well remembers
1t all now, and often repeats il. | told him
half the BANKS. headed BY the United States
bank, would close their doors before we met
agaIn-tIat supervision and disordered cur
relcy was the trump card of that institution
ana lis confederate politicians. and that they
were daring enough and desperate enough to
ply It--and besides. that the bJnk WAS rot
ten. and could never do business rs a bank
a-ain If she did not get the public dnpoSircs
and her nuioS made Il national currrncv.-
This was in April. In the Oct. following
the bank of the L. States shut up. and I'll
the south and west followed the example.
except the bank of Missouri. which Was un-
der democratic management. Thus VAS my
second prediction veriici-veritich in every
particular-not only in the general fact. bat
IN the deals: IN truc, manner. and cIrcun-
stance.
How dbl know these things! How did
! know thcm hn'o e thy h1pprnci! Be-
cause ! knew the men. nmi tie policy of the
men; because ! knew the INSTITUTION. and
the political designs and rotten condition of
the INSTITUTION. OF which all drprnlcd.-
fr"aa lG52-'he year of the ,clu-tn the
year 1870. panic. pressure. distress. cvpan-
SON, contraction. and suspension were the
order OF the day with thai institution. aud lis
confederate Politicians. 10 make mischief
IN the monIcd and commercial wnrli. at the
approach of the presidential election. and
IL ciiIr-e that mischief upon the aiminiStra-
ton. was their aid day and their midnight
work. All tins | knew: and thus, having
the key which unlocked the dnnr to their poll
cy.l was always able To open that door. and
t" read that policy. | was able to forrsrr.
and Ia ]t'reicll, every movement, and, made
no mistake about Il en-. No almanac could
iOr"t"ll the ccIipScS of the sun and noon.
and the periodical returns of the crmerS. and
the changes of the seasons, with more ac-
curacy than ! could. and did. ~forc,cll the Sus-
pensions Of the banks. and the forthcomings
of hard times. If had been an almanac
maker, / would have put them all in-madc
4 column for the eclipscS of the blnkS-an-
other for hard timcs-a third for good times.
Such m almanac would be of infinite value
TO the farmers: it would enable them to know
when to sell. and when 10 buy. Its prcdic-
ions about the times would be far more re-
H. able. and far more valuable. than the as
'rnnomicnl predirtinnS about the wcaiIcr.-.
In fact. sid Mr.. Bit would tie the best
] cpiIiG now render me country Ia
make such an almanac. Would it not sell
well? fCrieS Of YES. yes. YES. We would
ralI ii B"nr"n's Almanac. and Bank Detrc-
GCries "f yes. yes. IL would make
no mistakes, and would enable every ilrme,
to know when hard times were coming as
well IS the bankers themselves. and their
and politicians. tGreat cheering,
and cries for the almanac.
Mr.. b. said the currency was the great
II estion of the age, and this was universal
" known to the opposition. though 1t did not
appear to be universally known to The Dem
ocracy. To ruin and disorder ito de-
prave and vitiate ito disgrace and degrade
it, until the people would call out Tor Il
BANK to restore it, was the aim OF
one party: to improve and perfect IT should
be the aim Of the other; and with this ann
those Iaboured who put down the second
of the United States. The men of
1871, who put down the fist National bank,
did but half their work, and the easiest half:
hey pulled down one currency, and built up
no other in It's place. They created nothing
in lieu Of what they had destroyed. They
back upon the state banks: they rested
III IL aIA rsnA I