The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-10-01

treasury broad axe, in the hands Of pub,
lie officer.
SIR. Speaker, | represent planters farm
rrs, mechanics. ard laboriug men chiefly
living far il the interior, great distance
from Tie sea board, aud DO no! like to sec
my constituents drained and depTircd q
their oira natire precious metals to satisfy
the specie esactlons Of the Government
Tor tie inevitable character aud direct ten.
dcncy Of this moaapolia'ng scheme, are 10
abstract aud withdrew the gold und silver
from tie possession aud circulation of the
people in The back country, and concentrate
and accumulate i, in feD large cities
where the Federal Government collects lis
demands. To Withdraw our coin from our
use and trade, not oulv deprives Us Of so
much money, bu, Of GH TIE cfedi, ii would
nourish. This policy will urrout and uu-
settle The solid specie foundation on which
our circulating medium property rests, and
\ depreriate the credit aud confidence of the
currency in the interior Of the country
/ It will mpoyeri=h Inc country 10 enrich
the city, and rob The people To pay The
President.
! Ny objection to this bill is, nnt to pre-.
cious metal money, bat 10 he frecioas metol
monopoly. The money is good, but the
measure is bad because, 10 man, nor set
Of men, are entitled 10 exclusive privileges,
Z or separate profits. Yes, sir, tie money is
good, and 100 good, 10 be mnnopolscd and
cjoycd by any one class, or privileged or
der, to the great disadvantage aud INJURY
Of The States and The community.
Why should we not extend Justice and
the righ; hard Of fellowship 20 our fellow
citizens Equality is equity and since
We cannot get specie enough Tor all, let Us
share and share alike, lei Representatives
ard constituents (are aud fare alike. Then
we shal! administer the GgldH Ruie,"
and no; monopulise the golden money by
taking tie lions share, because We happen
10 have The power.
Some Of tho supporters Of this project,
seem 10 imagine Il they destroy the credit
system, (Which consists Of about four hun.
I dFed millions Of buhk notes in use that
( then, the same uroant Of specie Wll. direct
" flow into circulation, and take lis place.
That is a vain hope, aud sirauae deuslon.
We may call spirits Tor ghosts from the
Vastly deep-but will they come Just as
soon as four hundred millions Of gold and
silver which lie pnsfy deep 10 some undis
covered country, from whose bourn 90
traveller returns"
lie must have opticks sharp, wocu,
Who secs what is not TO be SEEM
Mr.. Speaker, | am decidedly in favor OF
gold aud silver as a standard of money, aud
as currency, as far as it is practicable to
bring it into circulation but after eyertiag
and c2taasijag my mental resources, still
;here is great deficiency and general scar
city. Whenever Providence is against US
upon any question, we may as we'll submit
and surrender our irail udgment-because
the giyer of every good and perfect gift
knows exactly what is right, and suitable
to our condition and wants, much better
than We do. THIS high authority appears
to have decided against the Sub treasury
because our creator has made The Preclons
metals SO very scarce and hard 10 find that
IL is impossible to procure and commend a
sufficient abundance Of gold and silver for
general use and common circulation
Some olmy constituents know, ll,hat gilt
tcrs is not goLl and he that digs for gold
gives hard work for hard money. In all
the gold region, have never met with one
single practical gold miaer who advocated
an ercLuSire hard money currency. Now,
that is a remarkable fact worth remember
ing, and hope those gentlemen who live
In States and represent districts where no,
one ponuyweight of nd.ire gold has ever
been found, will bear i, in mind, and CON.
munlcate il to their constituents. DDS.
lance lends enchantment TO the view," bu,
" golden dreams are seldom realised" In
my district, when man is too Jealous and
gireS too much for gold mine, We say, he
had the yeil0c fever. That disease is as
dangerous to the pocket in the up country,
as it is 10 life in tue low country-yery few
survive it. Now, sir, this administration
has taken the yelloS9 (trer--aad tell those
who are infected with that disease, TO be-
ware that they are not carried af to
their political death by il; and beware, that
history does not record this brief epitaph on
some slab at Undertook,
Here lies,
Martin Van Buren,. late President of the
United Sta,es-his administration, died of
The felles Ferer, on The 4th day Of March,
lS4l."
Mr.. Speaker, the advocates of this bill !
have diScorered that all our illustrlous
statesmen aud Presidents (from the first
day of Gen. Washington's administration,
down TO the last OF Gen. Jackson's) were
mistaken and ignorant Of the true reading
and meaning of the constitution Of the Uni |
ted States. We are now told, By Mr. Van
Buren, and his party, that although paper
currency and bank notes have been in use
and circulation, as money, for fifty or sixty |
years, still it was all wrong and uaconstiIu'
tional: that nothing but gold or silver coin |
IS constitutional currency. This is new