Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-07-09
Amos Kendall.

"The democratic party has always
from first to last, argued itself in stern
and inhexble opposition to National
debt, incurred for any other purpose
than the immediate defence Of the hon
or and interest Of the country, as fur
nishing tho ready means for extrava.
giant prodignlity, forming the basis of a
great paper credit system, and impo-
sing burdens on posterity, as a penalty
for tho prodigality Of their ancestry"
To the above extract from the late
Post Master Generals sey-called.tor
address, the candid consideration Of the
people is invited. Is it true in sin
gle particular ? OH tho contrary, did
not Mr.. Van Buren find surplus in
the Treasury when he came into Office
Of about Forty Millions of dollars? =? Is
it not also true that he has withheld the
fourth instalment due the several States
amounting to about nine millions more |?
Is it not true that ho has received about
seren millions from the proceeds of the
stock of the late United States Bank |?
Is it not truo that he has received
over two millions from the suspended
bonds of New York merchants? Is
it not true that over Fiuc millions o.
Treasury Notes are still unredcemed; ;
and to cap the climax, is it not true
that the Government at this hour, ac-
cording to their own showing, in con-
sequence Of over estimating the rove
nue. by our Democratic Secretary, is
short over and above all these, and oil
other availablcs, some Ten millions
more : This is true democratic "oppo-
siion to a National debt" And is il
not strange indeed, in the face of all
these facts, that even Amos Kendall
should endeavor to palm upon the peo-
pie for truth, such crafty and hollow
hearted prolcssions' Has the world
ever witnessed such unblushing impu-
denco? Were ever talents so abused? !?
was ever party driven to such despe-
ration? What new "experinlent" will
next be tried to support the totering
fortunes Of this most unholy of all adj
mnistrations; and, who that regards
truth, feels an interest in the honor Of
the Nation, or desires to preserve, ercn
he form Of Il Republic, can longer sup
port it Again "the Democratic par
ty arc uncompromising in thoir hostili-
ty to II National Bank, as alike uncon-
stitutional, ine>podicnt; dangerous to
independence, the public funds and
sound currency" Here, again, the
candid consideration of every rejecting
and unprejudiced mind is solicited. If
it bo true that National Bank is un-
constitutional, with what grace can The
q" Independent Treasury" be defended;
Is it not Bank in every essential lca-
ture, If not, in what does the differ
cnco consist, except in the fact, that n
Bank is governed by the most capable
and worthy among its Stockholders
men who have n deep interest in its
prosperity; and the other, by Presi-
dent Of the United States; not always
elected for his ririuc, his honesty, or his
Intelligence, as the history Of our coun-
try for the last ~ years most mournliul-
ly proves. In ono instance, the lustfe
Of single Military achievement, un-
aided by single other qualification,
succeeded against the combined efforts
Of the good and the great, who with
prophetic vision foretold its conse-
quenccs. In another, the miserable
cunning Of Magician, who succeed
cd in cnlisting the poor against the
rich, the credit system, internal i'm
provcments and every thing their true
interest was most concernedt TO protect,
aided by his cclebi ated letter 10 the.