Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-03-14

r should be always convertible into gold and silver
And yet this plain and simple exposition OF my views
mas been seized upon by those who desire TO make po
tca capital out OF their pcrverscn; aud II has been
represented tar and wide that il my desire TO
reduce wages down to the p:ices received by the
rao:e serbs and laborcrs of European despotisns.
shaii most cheer!uy leave the public decide be-
tween me and my traducers Tie Senator from Mas
sachusetts after having buted 10 me the intention
OF reducing the wages Of labor to tie hard money
standard, through the agency Of .he independent
l:easury o has added, appendix TO his speech
statement made by the Senator from MARYLAND, TMr
Alerrlck of the prices Of labor in these hard money
cespotsms; and it thus left be inferred that am
IN favor Of reducing the homes, and independent ,abo
horer OF tins glorious and free country the de-
graded condition. The Senator ought to know that
there too much Integ among the labornu class
es in this highly favored land be led asray BY such
representations.
8. Payment of wages in sound currency Under
the present unrestricted banking system this is entire.
" out OF the question Nothing can ever produce thu.
effect except the absolute prohibition of the issue and
circulation OF small notes As long as hank notes exist
OF denominations SO low to render possible make
,i'h Tue medium OF payment for days weeks
iaoor, so long will the laboring man be compelled 10
accept tue very of these notes for his waaes
Mess II may De al periods of The highest expansion
when labor IS IN the very greatest demand notes Of
doubtful credit Will always be forced upon him Til,
was eEiphat ca!!y the after the explosion al Tn.
banks IN 1857. He could then procure NOTHING for Ma
work but the miserable shinplas,or Currency wit,
winch the country was inundated. This he would not
lay BY tor my day, because lie did not know q, what
moment 1t might become altogether worthless on MS
hands he effect ol destroy all habits OF eco
nomy Besides, as class, laborers suffer more from
counterfeit and broken bank than any other class
OF society In order to afford the laborrr the necessary
protection against these evils he ought always to 10
pad, ana would, from necessity, always be paid gold
and silver, If the issue and circulation of small notes
were entirely prohibited
Thus 1t will be perceived, that without the impos;.
ton OF Wholesome restrictions upon the banks in, In.
boring man can never expect 10 receive either constant
employment, or steady and fair WAGES pad in sound
currency OF 10 pay uniform prices for the
ana cominrts Of lie, which he is obliged purchase
Under our present system every thing is in a state Of
constant huctuhtson and change. Prices are high to.
day, low tomorrow. Labor demand to-day tIn-
IS no employment tomorrow. There is no stnblIln:
no uniformity, under present system OF all men
lahocrs are the most interested in such wise regu!-
ton oil Tie banking system, by the States would
prevent the violent expansions and con:racloms in the
CURRENCY and the consequent suspension o.. specie pay
m"nis under vii CHI we have been suffering.
Why, SIR, under our present system, we endure the
EVIL both oil an exclusive hard money currency and
boated paper system, without experiencing the benefits
OF either. The the inevitable con sequence Of the
other. At the present moment have reached a
point oi depression the currency which the Senqtor
from South Carolina MIR Calhoun considers as low,
or !awer than the hard money standard Here We are
without credit, because man, Cor the prosecution OF
his necessary business can procure loan from the
banks. They are now III that state Il exhaustion
which the inevitable consequence of their former
highly excited action. The which Senators sup.
posed might exist, should suddenly adopt a hard
money currency, exists already. II is fact and not
fancy. The nan who purchased property but ono
year ago. in the days of the highest expansion for two
thousand dollars and paid half the purchase money up
on IT. could at this moment Of depression scarcely sell
1t tor the remaining thousand dollars This is ore
OF The greatest evils OF our present changing sys
,rn pHt such things must recur and rccnr again !oc
OF freeing the country from the calamIties which he
saws have admitted would flow from the passage Of
the Independent Treasury bill. unite with him most
freely in this appeal. His fear of the result IT. his own
State is probably the best excuse which he could make
for the manner which he has treated my speech
The morning is not merely dawnng upon old Massa,
chusetts but beautiful and brilliant Aurora is now
shedding her light upon it, and giving promise o!
bright and glorious day. We have at least an equal
chance with the friends of the Senator, OF carrying
Massachusetts,.
Mr. " EBsTEa. As good chance as we nave o:
carving Pennsylvania:
Mr. B said: Before take my seat shall answer this
question; but at present an speaking OF the Senator
State W.. not venture absolutely TO predict success
10 tine cause Of the Administration in Massachusetts ae
the next election, although my hopes are high iear
after year the Of correct principles has been eFa
dually advancing in tina. ancient and renowned CoE-
monwealih; and such revolution IN puu!c opni'h ne
yer goes backward.
The Senator appeals to the pol!- and expects that :a
labcrng men OF the country WI. eone 10 the rrSc"r.
In tkis Yen;u.e Ia predict he VIII % e'trei! 'h7"
Ken. He will find il to be ieFcaieaA TASK 70 pr
suadc the !abcrnI that the party with "h'ca He
i, identified is friendly to him and 10 his interests -
/ What have re heretofore witnessed III Inc Srhate'
When the presumption bill was before ;i'lS BODY lie
Senator from Nat land Mi rgrlckI attempted - De-
a,ivc the poor man no had itd from the d p!csstoi
nt Europ- 10 seek hcme IN the Ear West iscni ci!r
loving lis benefits unless ne naturazcd cii'zrn
! His proposed amendment vas sustained by d,S'"-
rushed WING cnbers in debate hut was voice Go',a
By the friends Of The Administration. Again, s'r,
What o,r,y IS it which, with some honorable uri
distinguished exceptions, has always opposed these
pre- cinpton laws? Is not the poor man who goes
INTO The Wilderness settles upon the public lands rr'e.s
himself cabin, and expects to MAINTAIN ana rear MS
family by he labor of his hands, entitled |" our profrc-
ton: To permit him to purchase hIs quarter section
or land on which he has settled, at Tie minimum pre-
in preference to all others is hut sheer justice 20 MN
and experience has PRAYED that 1t dinnIshes INC re-
CENTS &c the Gorcrnacni but Two three cents PEE
acre Which is the party that has ever opposed 'his
equitable and Just principle amd, by The course when
il has pursued woij afford the Speculation an opp"F'u-
nty OF cGrish,n. himself by purchasing the mouse ana
the home of this poor settler over his head ana mus
deriving him of the fruits Of lis honest labor W"
sir mo- the labor:ng men of the country know Too wc
which marty is their friends 10 be persuaded 10 en-
list under the Wing banner by The Senator from Mas
sachusots. r
irwin winch he citizens ola free Government can en-.
iov. Like tie right Of conscience, Il onghteTer 10 DC
rcaard,d as question between the individual man ah"
his MAKER with which no human power ought TO 'Ml,r'
fsre. unless by convincing the reason THIS Is tie
very foundation upon which Republican inst tntena
rest All men regarded equal in the SIGHT oil tie
law and they ought ali, therefore, to be equally ne
whcn they approach the ballot box ask has ih'
principle been respected in regard to the nhorng mar
in our manufactures Have they never been
told that unless they voted according 10 the dictaion
of their employers, they should be Immediately DIS
charged! Have they never even been accompanied !"
the polls by their EMPLOYER or his agent TO that ITO
tvrannical mandate should be carried into eA'cnto"'
ihe man who would &c. in such manner, ana 'nGs
abuse the little brief authority which hs s!"ton hH-
given hr. his ieownen,i al near, ac1"t a.'
"a yrant These things have never Witnessed ny e"'
but have often heard.
I now come to answer the question propcunded TO
mo bv the Senator from Massachusetts (Mr Nrhs'ef
!, lie nniical nrospects in Pcnnsyl.anl and