The Hawk-eye and Iowa patriot. (Burlington, Iowa) 1839-1843, 1840-10-29

1 Il, THURSDAY, OC
no.ssee il in detail. That Mr. Van Bnrer
says he never read it, till it was sent /,
= Congress. Well, then, if he did no
read the outline, ask them another ques
:, lion. Ask them what mir Van Bure,
!, has done with MrPoinsett since he ha.
/, read it. a.t,
d General Jackson used to say tina, wha
his Secretaries did he took the responsi
4 bility Of. That they were pens, which
wrote what he told them, / don think.
!, however, that that was a correct, course
TO take. But ON the other band, NJ.
+ Van Buren, has seen this plan ever since
March last, and had leisure to think III
4 over and act upon, it,, Very well. Then
where is Mr. Poinsett? Ca panse.)
Why, laying his hand on the reporters
shoulder, just as close and as cosey as
ne ever was. Laughter .;.....
Now, if he thought this plan was a
dangerous one, why did he not disniss
the Secretary? If he thought il was, an
lnjudicious plan. still he should make
the sacrifice. And I say, that so long
as he retains him in office, after he hears
and sees all TINT he has done, he makes
it all his own. (Cries of..Yes, YES. .
He Says, "0h, but ] didn't see it,"
Very well, you see il now, don't vo,
Yes" Well, what do you say now9
"Why. / don't say any thing about
it,, Roars of laugh,er.) I
Now, this is a very important subject.
Look at what Virginia has done. Look
at the conduct of Leigh, and all the great
men there; they have completely chang
ed their views. This has created rev.
olu'ion in Virginia, because. they are so
jealous of liberty. 81.
| viii not go into particulars about the
snb-treasury. II is founded on 81 false
principle-in my judgment it is wrong
altogether; and therefore I am less anx-
ious 10 60 into details.
1t is founded on a law that government
should take care of itself and its dues,
and leave the people TO take care of them
selves in every thing that relates TO the
currency. No man wishes to deny tina,
we ought to have sound currency
A currency of sound paper based on spe-
Gle. But the government is bound to re-
gnlate the commerce between the states
and within the states; and how are we to
regulate that, if we cant regulate the
foundation of commerce, which is-MO-
ney?
How is commerce. and the exchanges
now? Devoid of all regulation. If You
are in New York and happened to have
some Philadelphia money with you, you
can only get 95 cents on the dollar for it.
Why, it is thing before unheard of, that
the rate of exchange should be per cent
between two large cities, not 100 miles
apart, and only hours travel distant. !,
What should we think Of it if we were
to hear the rate Of Exchange between Liv-
erpool and Manchester. or London was
per cent! What would be said if the
Prime Minister of England though. pro
per to collect the Queens taxes in par
ticular kind of money, and the large rents
i in the same. and pay the salaries of gov
eminent officers in the same way, and
leave all the rest of the community, to
take their chance to get what they could
and how they could! 49,
Why, not only would he not be able to
keep his place, but he might think him.
self uncommonly fortunate if he was; ena-
bled to keep his head. And yet our gov
eminent acts in such way. II takes all
sorts of care. of itself, and leaves, the peo-
pie to do that which it knows they can't
do. For the people can't make curren-
cy-i,'s the governments business to do
@that-and it won't do any thing of the
kind for the people. How very. demo-
cratic that is! CHEERS. s.Iss5!
3 Mr. Van Bur2n says that the people
have no more right to call on the govern
Iment to furnish aunform and wholesome
system Of exchanges, than they have to
call on the government for horses and wa
CONS to transport their merchandise to
market. 80.
~ Is that an analogy for statesman? Is
that an argumen. FOR the head of a Gov
eminent? Can the people regulate the
currency! Can the States do it! Certain
ly not.
II is a national, government affair; and
when the general government. that cando
it, says that it won, do ii, where are the
people to look for it to be, done?
A friend of niue, on my return from
Europe. asked me if remember propl,e-
swing before went, that in six months
time all the southern banks would sus.
pend. ! told him that / did not remem-
Der saying 50. But l also told him, that
if they were all to resume tomorrow, in
avery short time, not perhaps so soon as
six months, they would all suspend again.
And while we have so many banks with
out control, it will continue to be so as
long as the government refuses to regulate
matters. lsiigstt
l1@a We may have good currency by ac-
cident. at times; so ship at sea without
rndder or compass. may fall in will, fa-
vorable tides and winds, and reach her
destined port by accident. But lit will be
next TO miracle if she does so; and it
will be next to miracle if we get good
currency by accident. We want certain