Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1840-10-05


sions in my life wien might be supposed anx..
ious to exhibit myself in such light, that period
has passed, and this is not one of the occasions.
| come to dictate aud prescribe to no man. IL
my experience, not now short in the affairs OF
government entitle my opinions to any respect,
those opinions nre at the service of my fellow
citizens. What shall state as facts, shall hold
myself and my character responsible for; what
shall state as opinions, all are alike at liberty TO
reject or TO receive, asking only such fair inter
pietaon OF them as the fairness and sincerity |
with which they are uttered mny claim
EXCITEMENT OF THE COUNTRY, AND
THE CAUSE OF IT.
What then has excited the whole land from
Maine to Georgia. and that gives us assurance that
while we are meeting in New York in such vast
numbers, other like meetings are holding through
out all the SlOes2 That This cause must be gen
era as its effect is certain, for tagilates the whole
country and not parts only.
When that fluid in the human system ndispen- |
sable TO life, becomes disordcrcd, corrupted, or
ohstrncted in its circulation, not the head or the
heart alone suffer, but the whole body head, heart,
mud hand, all the members aud all the exircmites,
are affected with debility, paralysis, numhness,
and death The analogy between the human sys-
tenn and the social and political system, is com
plete, and what the lite blood is TO the former
circulation, money, currency is to the latter; and
il that bc disordered or corrupted, paralysis must
The original, leading, main cause, then, Of all
our difficulties aud disasters, is the disordered
state of the Treasury. This is perhaps not a
perfectly obvious truth, and yet one susceptible of
easy demonstration. In order to explain this the
more readily, wish to bring your minds 10 the
consideration Of the condition aud the vast affairs
of the United States. Our country is not small
province or canton, but region extending over
large and diversified surface, with population of
various conditions products, and pursuits. 1t is
III this variety that consists its prosperity, Tor the
different parts become useful one to the other not
by identity, but 10y difference of production and
thus each by Interchange contributes to the inter-
est of the other. Hence our internal trade-ihat
which carries on this exchange of the products
and industry of the different portions Of the Uni
ted States is one Of our most important, | had
almost said the most important interest. Its OPP
eralons are easy and silent, not always percept-
bic, but dffusing health aud life throughout the
system by the intercourse thus promoted from
neighborhood to neighborhood, and from State to
State
Let me explain tins little in detail. You are
here in grain growing State Your interest,
then, Is 10 have consumers, not growers OF grain.
The hands that in the belt of earth in which
grain best succeeds, grow wheat, are interested TO
hnd mouths elsewhere to eat what they raise
The manufacturers of the North and the East
need the grain OF the Middle States and the cot
ton of The South, aud these in turn buy The man
fractures of The East. Nor is this solely matter
OF interest, but is in some degree brought about
Ivy The regulations of foreign Governments. Our
manufactures find no sale in Europe, aud much of
oar grain is under ordinary circumstances excu-
ded from its markets. In France it is never adj
mucd, and in England conngentIy and uncer.
tany only, and IN n manner TO tanta,ze rather
than crafty the American husbandman.
This internal trade moreover moves ms it were
IN circle, and not directly; the great imports of
the country are made in New York. whence they
pass to the South and to the West; but our ex-
ports are not mainly from New York but from the
Sou'h-the main imports then made at
corner OF the Union, and the exports from anoth.
er. The same thing is true of other branches of
trade. The produce of Ohio, much Uf il descends
the river to New Orleans; but Ohio is supplied
with foreign commodities aud domestic e. ,ics
mainly through the New York canals, the la >cs
and the Ohio Canal. The live stock ofKtmucky
goes TO the Carolinas, but Kentucky buys nothing
there, but transmits the money to Baltimore or
Philadelphia, and there procures what she wants,
to be sent to her across the Alleghanies.
This circuit of trade in country of such great
extent as ours, demands, more than in any coun-
try under heaven, a uniform currency for the
whole people that what is money in Carolina shall
he so elsewhere, that what the Kentucky 1rover
receives, what the planter of Alabama sells for,
what The laborer in New York gets in pay for his
work and carries home support his family, shall
This is not the time nor the occasion for es-
say or dissertation OH money but | mean distinct
ly to express the opinion, tina; unit! The General
Government shall luke in hand the currency Of
the country, until that Government shall devise
some MEANS say not what, of raisng the whole
currency to the level of gold and silver, there can
he no prosperity.
HOW THE RICH ARE MADE RICHER
by A BAD CURRENCY.
i There is tOO. another class of cur fellow citI-
zens, wealthy men, who have Prospered during
the last year, and they have prospered when no.
body else prosPers | mean the owners of ship
ping What is the reason? Give me a reason. -
Well, will give you one. The shipping OF the
country carries on the foreign and domestic trade
, Now why have these been successful? | will an
swer By an example. | live on the seacoas OF
New England, and one of my nearest neghbors
, is the largest ship owner probably ia the United
States. During the past year he has made what
, might suffice Tor two or three fortunes: and how
has he made it? He sends his ships to Alabama,
Louisiana Mississippi, to take feigh,s OF cotton
This staple whatever the price abroad, cannot he
suffered to rot at home and therefore is shipped
{ My friend tells his captain 10 provision his ship
al Natchez for instance, where he buys -four aud
stores in the deprecated currency Of that region
aud pays for them by hill on Boston, which he
I sells at As per cent premium. Here at once, as
will he seen, he gets his pr0visioa for half price.
He delivers his freight in Europe, and gets paid
for it in good money. The disordered currency
of the coudtry 10 which he belongs does not fol
low aud allicl him abroad. lie gets his freight
in good money, places il in the hands of his own
, ers banker who again draws at II premium Tor it,
The ship owner then makes money, wiIch all 9th
ers aie suffering, herause he can escape from the
influence Of The bad laws aud bad currency Of hi,
own country
. now THE MECHANIC Is MADE POOR
S BY A BAD CURRENCY.
. Now will contrast the story of this neighb0r
y with that OF another of my neghbors nOt rich
lie is New England mechanic, hard working
= sober aud intelligent tool maker hy trade, who
4 Welds his own sedIe hammnr His unrticunl