The Ohio Democrat and Dover advertiser. [volume] (Canal Dover, Ohio) 1839-1840, 1840-05-29

IoCteu 10 lto puOuCuuOu-o0uVun 'uo
resolutions themselves-denOunced the :
whole proceedings, its principle and its
object. And why this silence broken9
Why this rage Of denunciationi Under
the cover Of what Pretext 10 this PrOcee.
ding so violently assaitedl The state~
ment Of the debts, and the refusal Of this
Government to pay them, might impair
the credit Of the States by deprecIaling
their bonds, already 10 the hands Of the
bankers aud brokers by whom this O.
d let issued. This is the pretext for re-
sisting declaration by the Government
that il will no, obey this British mandate.
And What, sir, ] ask; il, instead of these
Senators, those English bankers them.
selves were upon the floor, what would
they, on. this occasion, do and ulterf
They by whom these bonds are held;
they from whom this mandate Issued;
they who seek 10 make this Govern
ment, what never contracted, neverlhe-
less assume, those debts, and that IN Vi
olation Of its fundamental law; whet
I would they do and utteri Would they
not do all these Senators have done,
deed for deedl Who doubts III Wha,
else could they do or sayl What other
than these things would their interests
: require, or instinct suggest Nothing.
And if fso, If these British bankers, thus
seeking to control this Government for
their own purposes alone; iftheJ, under
the came circumstances, would pursue
the exact course whi"h American Sena-
tors are pursuing, 10 il mol time for these
, Senators to pausel
But where, in truth, is the pretext for
) the objection thus urged 10 this procee-
, dingl IL il a fact that the credit of the
/ States can be affected BY the enumera-
b tion and publicity oftheIr debtsi Were
!, not the debts created, In the frs, instance,
1 by the public laws Of the S.a,esl Have
\ they no, been annually reported to the
n legislative bodies by the fiscal officers
n Of tho States, and by those bodies an-
}, nually rspublished to the worIdi Hav.
(, the States ever sought or desired 10 col
}. ceal them? No. 1t would be wore,
ID than ridiculous to suppose il. And cal
Of it be doubted tina, these English ban
ID kers themselves; they who hold ihes
D. bonds, who traffic TO the amount Of ina
g. ny millions in them; they who have ls
OF sued this mandate; can it be double,
I'd these men could have exhibited to th
ar Senator from Massac chusetts, when late
e. ly among them, as exact list and tabula
A. statement Of the debts, to the very Las
- faTthing; when authorized, how secur.
le cd, at what interest, and when redeem
a, ablei For it 10 upon these date lha, tn
re- standard ofappreciation is fixed, an,
the chances Of profit calculated, iu tn
ID purchase and sale. And cir, if this b.
~ true il unques,ionably 10, how then cal
Il the publication Of facts, already notori
rn ous, produce an effect which that notori
CO ely did nola
~ But when did these Senators becom
to the peculiar guardians Of public credit
Q. To preserve the faith ofihe General Go
10, vernment is an object, no. less essen
o. tial to the honor Of the people, than l.
q. maintain that Of the several States. He
therefore, is not less an enemy 10 III
n. States than to the Federal GovernmeI
,h who seeks TO impair the integrity ofth
as latter, however clamorous he may
he in sustaining that Of the former.
n How, then, did those Senators ac
ur when, on recent occasion, not only III
x credit, but even the verv being, Of III
g. Government was involved : Who hs
W, forgotten it2 What patriot ever will
ID, ever can, cease TO remember the insu
ict rection OF 1872 cay the insure,
'us tion, not Of a few inconsiderate me
be prompted by real or imaginary wants
all lift their hands against law and soci
,eo orderl No: but the instruction of
to thousand banks, deliberately planne
.er and simultaneously executed, ihroug
re- out the Republic; an insurrection
on. gains, the whole body Of the people,
rn. we'll &c against Government and law;
he insurrectIon Of corporations, not oppre
a sed, but enjoying privileges - enioyi
by the possession and the use Of the who
lit public revenues. The Government h
IN resources. even beyond it's immedis
ed, wants. Congress had mado approp
ne, atoms for the public service, abundant
on every Particular--alI was 10 the cuslo
,eir Of the banks ss the confidential age
the Of the Government and tho public.
as stood affairs; when, without mOmen
the warning, the banks the whole couu
for over, slammed their doors in the fi
rive Of the peOple-refused 10 pay III
ub. notes-reiused to deliver up one dol
so- Of the public mOney--caIliDg this in
/, at nous act Of,reason and rebellion BY
Mas soft name Of suspension. Thus, in '
l-Ls IL l..