The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1840-05-23

lily OF lhs laws, Mr.. Van Bnren resisted
these threats and dlsrsgarded these rlamors,
although State after State whirled around
on its orbit, aud deserted for the moment,
the banner of Democracy. He rspOsed on |
" The sober second thought Of the people,
and the event justified his reliance on their
intelligence aud Integrity.
He remained at the helm, steadily steer
ing his course by the polar star of public
faith and national honor. The result was
such as ought to fill with honest exultation
the bosoms of all who value these as the
brightest Jewels in the diadem Of the SOW
erign people. The sacred standard OF val
ue, which is enly of secondary importance
to the standard Of morality, and constitutes
one of the great conservators OF human IN
tegrity, was preserved inviolate by the Gov
ernment, while every where else trodden
under foot. The credit of the United
States escaped the general wreck Of public
confidence; and the interest aud principal OF
every debt were paid in the constitutional
currency, contemplated by the fathers OF
the Revolution.
THIS state of things has ever since cen
linued. la the midst of vast purchases OF
national territory, removals oil whole lndl-
an nations, an expensive war, and projects
equally expensive, devised by Federal pol
| icy, TO create necessity for new loans, or
indirect taxes, and, at the same time, afford
a ptetext for charge of extravaganza a.
gainst Mr.. Van Burcn, the specie standard
has still waved ever his head throughout all
these vicissitudes. Not single addition
has been made TO the burdens of the pso-
ple, and net single instance Of failure
promptly TO meet every demand, public or
private, has occurred. The faith of the
Government has been preserved luvioiate in
the midst of accumulated difficulties, which
is every day assaiins it with unbiushing
calumnies and facIious opposition.
That party, while maintaining its ascen-
dsncy in Congress, opposed every measure
calculated TO aid the Administration in Sc
curing the public funds, by creating new
deposiories, and enforcing new penalties
against public defaulters. Ii obstinately re-
sisted ali legislation on the subject endesv-
ored 10 perplex and harass the officer who
presided over The fiscal affairs Of the coun.
Try with vexatious resolutions, er parte In
quiries, yindictvs and groundless charges
and bitter denunciation, which had no 9th
or object but TO aggrayaie present evils, pro
, duce additional confusion, and mitigate ih'
: pangs Of defeated maligni.y.
The firm adherence OF Mr.. Van Burur
, 10 Inc obligations Of integrity and the be
hesls OF the law, had forced the great mas
of the banks TO resume specie payments
1 But experience had failed 10 make The mos
' OF them wise, nor had II corrected their III
: nate, incurable propensity 10 sacrifice iuIur
c security 10 presnt galn. They played owe
Q the same gans; ihe same predictions Of II
n ultimate consequences were renewed, an
+ The same catastrophe followed. Less tina
e Two years after the first suspension, q sec
n ond occurred. In both the Bank Of the U
;. niled States led the way--frst by its infll
h ence, and secondly by its example. A fe'
al honorable exceptions miligated the evil
e ssme degree; bu. The measure and its col
sequences were the same in bOlh cases, an
Y The people are now suffering similar evils vii
,. those that resulted lrem the FIRST suSpesiol
h The course of Mr. Van Buren, has bee
the same throughout all their vicissitude
a. lie Idltn vi hlG NONeTHuItut ID sllll tndl
"a lained lnYiolate. He has preserved near
er the whole of the funds of The Union fro
of being again absorbed in irredeemable pape
e. and, though every additional precaulion
Ii ensure their safety, and every facility
Ii. their transmission, has been uniformly al
ID successfully opposed by the Opposition,s Il
I'd public creditors have been every where pa
of in specie or its equivalent. The frmne
ne OF Mr.. Van Buren, and the calm, temp,
er ate wisdom of his measures, have thus
10 overcome every obstacle and trumphed ov
he all The efforts of an opposition, more actI,
- more inveterate, more powerful. and mc
th INSCRIPTIONS as TO means and ends, th
nd auy preceding Democratic AdmlniStrati
of ever had TO encounter.
raj These results; it should be recollect
Die were produced not only without the sig
est addition 10 the public burdens, but d
els ing period in which the people have be
m relieved from more than one hundred Z
hat seventy millions Of indirect taxes, VIII
ef- would have been required under the h
be tariff Of 1928. This reduction is still
OH. progress, while, at the same time, Mr..
- Buren is sedulousy employed in bring
the about a corresponding decrease of the p
lin lie expenditures. Thus in 1888 they
,or | Lalo,u ,hosa IF 1927 tho annronriattons