Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-12-26


selves to the charge of treasonl Had General
Jackson taken the advice of his wurmest friends,
the country would not have groaned under its pas
and its present endorsements When he an
nounced what false in fact, that the y. States
Bank had failed TO accomplish the purposes for
which it was created, a committee OF his friends
begged him not to- experiment upon the currency
The advice of that committee of which Mr.. Smith
of the Senate, and Mr.. McDufey Of the House
were members, was not taken. The President car
ricd on his warfare against that institution until
il was ovCrthrown. And in lieu Of it, Banks two
or three hundred in number sprung up as if by ma
gic in various sections of the country. Aud byI
whom, let me ask, were these banks created!
There were at that time not less than eighteen |
democratic Legislatures, and it was chiefly in those
States that followed in the wake of the greatest
and best that these banks were erected. | admit |
that the Wings, in many States cO-Operated in the
measure-they knew that the vacuum caused by with
drawing from circulation the notes of the United
States Bank must be supplied, and there was no
other resort while such hostility existed against
National Bank. Mr. Tuney when Secretary of
the Treasury, wrote for these pet institutions to
enlarge their lOans--suggested the propriety of
cotnmodatisg the merchoItS-the merchants tbat
enterprising and valuable class of our citizens who
have seemed TO be prescribed by the Democracy
And when it was proposed that these banks should
not issue notes for than five times the amount
of their specie, who voted down the propositUn
1t was this very party. Every man that had cred
it could get what amount of money he pleased -
Speculation rife in all sections Of the country
until the pressure. as a natural consequence. en-
sued, and then all the miscbiefs entsiled upon US
we're charged upon the Wings l put it to every
gentleman here, whether he believes if the United
States Bank had lived, if the administration of,
Gen Jackson had permitted things to remain as it
found them, the currency of the country would
have been derangedl No sir, the blight and mil
dew which have been thrown broad cast over the
land would have been prevented except for the I'M
warranted interference with the institutions and
long established usages Of the Government. Well
may British capitalists look into the internal poll
cy of this country. Can gentlemen suppose they
would do otherwise when requested, to make large
investments of their money in State stock under
the administration Of party which they knew
bent upon measures that would tend from bad TO
worse until confidence must be utterly DESTROYED
party too which was endeavorng to fix stgm9
upon the character Of the merchants and to hold
them up to odum and contempt!
But sir, what is this second resolution! (AIr. A
read it again) call upon the Hon. Speaker who
introduced these resolutions, and upon all who ill.,
tend 20 vote for them, to examine these letters and
tell me what portion of them contains the evidence
of direct inter tn the internal politics of the
United States No gentlemen will vote without
careful examination of these letters and every one
should remember he is acting under the solomnity
of an oath We are called upon to decide upon the
facts of the case, as ur, are sworn to pass upon
the guilt or innocence of an individual charged with
crime-and who in this view Of the subiec, can en-
6ure these resolutions! l confess after faithful
and impurlia, examination, can find nothing to
authorize such conclusions And am sure that no
gentleman should sanction these resolutions whose
conscience is not satisfied of their truth, nor should
any one record his vote in the affirmative who can.
not satisfy his constituents that such evidence is
here to bG found When these letters are consid-
cred by themselves, unnhuenced by those feelings
which are engendered by party split, it seems to
me impossible to infer any such purposes are at
trbuted to tina auhers in these resolutions. But
sir, we are to be told that these British leers--le
tiers did say? No. But that British gold has Ia
ken from the American people their liberties and
placed whom at the helm of State! We are told
that through British interference Mr.. Van Buren,
has been remUYed. They do not choose the word
tisitronea which would cOmpo.t much better with
the truth---that he has been removed and a FEEDER.
alist elevated to his place. w. H. Harrison com.
pared with Martin Van Buren, Fedcralist! Mira
5t!ed'ct0! man that at the early age Of seventeen
abandoned the endearrnentS of peaceful home and
threw himself into the ranks of his countrys SER
vce---exposec to the hardships and the dangers of
savage warfare--peried his life to shield Il defence
lessirOntier from the tOmahawk and scalpng knife
- oil the merciless Indiana man whose virtue and
ardent patriotism attracted The attention and secur.
cd the appreciation vi the father Of his country
who was entrusted with Offices of the highest res
whose military powers placed him atihe head Of the
chivalry Of Kentucky--who in the language of an
opponent, fought more battles than any other Gen
eral OF his day, and never sustained q defeat'--a
man too, that has won for himself mperishrbe fame
usg statesman and scholar, that he is to Le STYLED
Federalist ana Van Buren, Democrat! Yes, the
inaculG'e Van Republican of the Jefferson school
The charge that Harrispn's elevation was secured
b. British gold is calumny upon the good people
OF this Union. 1t is a caumny upon large por-
ton Of this Legislature | will tell, gentlemen
some Of the reasons which caused the people to rise
in their strength and thrust Van Buren, aud the
satellites that bask in the sunshine OF his favor
from their places. Sir, the war upon the currency
was one of the causes which lead to this result
the war upon commemorative policy which gave
rise TO the. memorable declaration of the Chie
Magistrate, Perish commerce, perish trade
this | say was one Of the great causes of this
mighty revolution. Another Of those causes was
assumption of pswer by the Executive which
was never accorded to the King of England. the
prerogatiYe OF setting aside the will of the people
known and uvowed by their Representatives
Permit me, sir, to read an extract from report
made by Thomas II. Benton to the Senate and
ask, gentlemen to watch the power That has been
stealing from the people and gradually coEcsnlrat.
ing in the President Here tls: I'VE must took
forward to the time when the nomination by the
President can carry any man through the Senate
and his recommendation can carry any measure
through the two Houses of Congress when the
principle Of public action will be open and uvowed
the President wants my vote and want his patro
nage-l will vote as he wishes and be will give
me the Office wish for What will this be but the
government of one man =? and what is the govern.
ment of one man but a monarchy Names are
nothing. The nature of thing is in its substance
and the name soon accommodates itself to the sub.
N