Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-10-10

| tons on which they stand.
Weare in favor of the liberty of speech and of
the press we are friends to free discussion VIC
espouse the cause of popular education; We be-
| lieve in mans capacity for sef-government we
desire to see the freest and widest die semination
of knowledge, and of truth and we believe, espe-
cialy, in the benign influence of religious feeling
and moral instruction, the social well as on
the individual happiness of man.
Holding these general sentiments and opinions,
we have come together to declare that, under the
present administration Of the General Govern
ment course of measures has been adopted and
pursued, in our judgments, disastrous to the best
interests Of the country, threatening the accumua
ton of still greater evils, utterly hostile to the true
spirit Of the Constitution and to the principles Of
civil liberty, and calling upon all men of honest
purpose, dsinterested patriotism, and unbiased
intelligence to put forth their utmost constitutional
efforts in order to effect change.
! Gen. Andrew Jackson was elected President Of
the United States, and took the oahs and bis seat
on the 4th Of March, 1929, and we readily admit,
that under his administration, certain portions of
the public affairs were conducted with ability. But
we have to lament that he was not proof against
the institutions and influences of evil cOunsellors,
or perhaps against his own passions, when moved
and excited. Hence, in one most Important branch
of the public interest, in that essential part OF
commercial regulation which respects the money,
the currency, the circulation, and the internal eX
acting on his characteristic love of rule, and I'M
easiness under opposition, led him to depart from
all that was expected from him, and to enter upon
measures, which plunged both him and the country
in greater and greater difficulties at every step,
so that, in this respect, his whole of admin
istration but a series Of Inflated experiments
and projects, framed in disregard of prudence aud
precedent, and bursting in rapid succession the
final explosion ticking place a few months after his
retirement from Office
Gen Jackson was not elected with any desire
expectation, the part of his supporters that he
would interfere with the currency of the country.
We affirm this, the truth of history. 1t is in
capable of refutaton denial. 1t is as certain as
that the American Revolution not undertaken
to destroy the rights Of property, or overthrow
the obligation Of morals.
| But unhappy he became involved in 4 contro-
versy with the then existing Bank of the United
States. lie manifested desire, how originating
or by whom inspired, is mmateriul to exercise
political influence over that institution, and to
cause that institution to exercise, in turn u poti-
cal influence over the community. Published doc
| uments prove this, plainly as they prove any
other act of his administration. In this desire he
was resisted, thwarted, and finally defeated. But
what he could not govern, he supposed he could
destroy; and the event avowed that he did not
overrate his popularity, and his power. He pur-
sued the Bank to the death, and achieved his tri-
umph by the Veto of 1882. The accustomed means
of maintaining n sound and uniform currency, for
the use Of the whole country, having been thus
trampled down and destroyed, recourse was had
to these new modes of experimental administra-
ton, to which we have already advsrted, AID
which terminated 50 dsasrously, both for the rep
utatOn Of his administration and for the welfare
of the country
But Gen. Jackson did not deny his constitutional
Obligations nor seek 10 escape from their force
He never professedly abandoned al! care over the
general currency. His whole conduct shows that
he admitted, throughout, the duty Of the General
Government to maintain supervision over the
currency Of the country, both metallic and paper,
for the general good and use Of the people; and
! he congratulated himself and the nation that by
| the measures adopted by him, the currency and the
exchanges Of the country were placed on a better
footing than they ever had been under the opera
ton of Bank CT the United States This conf
dence III his own experiments, we know, proved
most iusory. But the frequency with which he
repeated this and similar declarations, establishes
incontestably, his own sense Of the duty Of Gov
| ernment
In all the measures of Gen Jackson upon the
currency, the present Chief Magistrate is known
to nave cOncurred Like him, he was opposed to
the Bank Of the United States; like him, he was in
favor of the State Deposite Banks; and like him. he
insisted, that by aid Of such Banks the admins
tration had accomplished all that could be desired
the great subjects Of the currency and exchange
But the catastrophe Of May, 1887 produced
new scrisis by oyerthrowng the last in a series of
experiments, and creating an absolute necessity,
either of returning to that policy of the Govern
ment which Gen. Jackson had repudated, Or of re.
nouncng altogether the constitutional duty which it
had been the object of that policy to perform. The
latter branch Of the alternative was adopted Re-
tuge sought in escape. A duty up to that mo-
meut admitted by all was suddenly denied, and the
fearful resolution announced, that Government
should hereafter provide for its own revenues, and
that for the rest, the People must take care of
themselves.
Assembled here to-day, and fealinI in connpn
with the whole country the evil consequences of
these principles, and these measures, we utter
against them all, from first to last our deep and
solemn disapprobatOn ana remOnstrance We
condemn the early departure of Gen Jackson from
that line Of policy which he was expected to pur-
sue, We depore the temper which led him to his
original quarrel with the Bank We depiOre the
! headstrong spirit which instigated him pursue
that institution to its destruction. We depiore the
timidity Of some, the acquiesccnce Of others. and
! the subServiency Of all his party, which enabled
him to carry its whole unbroken phaianX to the
| supper. of measures, and the accomplishment Of
| purposes, which we know to have been against
the wishes, the Inconsistencies, and the conScenceS
Of many of the most respectable and intelligent
| We deplore his abandonment of measures that had
been pursued for forty years his rash experiments
with great interests and the perseverance, with
which he persisted in them when men of different
temperament must have been satisfied Of their
lessness aud impotence.
But Gen, Jacksons administration, authority, and
influence, are now historical. They belong to the
past, while we have to DO to-day, with the serious
and the still more alarming porents OF tire present
| We demonstrates therefore, most earnestly and
,,at1 l,