The spirit of the age. [volume] (Woodstock, Vt.) 1840-1844, 1841-07-16
JErFERsOY AND THE WINGS.

JEFFERSON AND THE WINGS.
During the contest that resulted in the election
Of MARTIN VAN BUREN-lhe friend, the cor
respondent the political ndmirer of Jetlerson--it
was boldly proclaimed in the federal organs, such
as tho American Quarterly Review, the New ork
Commercial Advertiser, the Boston Courier, and
others of this stamp, that sour political errors"
were all the consequences Of carrying out the opln-
ions of Thomas JEFFERsoN-allo owing :CjS"to
The suay of his pedier principles" and it was
frankly proclaimed, that these principles were
'made the basis of action With large, and for
HE present, prcpondcroting partly" and that
"THE FIRST SYMPTOMS OF THE ELEVATION
OF OUR FEELINGS AS A NATION, WILL BE
COMPLETE REVOLUTION IN OUR REGARD
FOR HIS opINIoNsr' This is language the wings
themselves used. it contains the sentiments they
now in reality entertain. But then they were de-
fcaed. A new course Of action was Immediately
determined upon. 1t was the bold plan OF profess
sin regard for Jelcrsonlan principles, assuming
the democratic name, gaining the seats OF power,
and then mounting once more the car OF Old leder-
aism and driving it over the ruins OF the Consltn-
ton. Their hypocrisy has obtained Tor them Office
TO this most unbushing political hypocrisy they
are now adding the grossest political turpude III
claiming Icflerson's high authority 10 sustain their
Jcferson's name us authority for the establishment
of A NATIONAL BANK! Daniel Webster, John
Bell, and their supporters, even while advocating
a National Bank, quote the name of the Apostle OF
Liberty. But ngain we say, as WILLIAM HEN
RY HARRISON said ut Dayton, Sept. 10, 1910
"Cherih not the man who under the disguise and
name of democracy tries TO orerthrow The prtact-
pies of republication as poffsscd and acted upon
bv Jefferson and .EadisoR" The disguise is de-
celful-the name is assumed; the real object OF
those who fell with the first Adams, and rose with
the second Adams, and ioaied again into power on
the troubled sea of the late hard -cder excitement,
is to restore the government to the reign of fedcr-
alism; to lend its powers TO promote great inter-
ess; TO produce CoNsoLIDATIoN IN It's worst
feature to benefit anew stock jobbers, spectators
and all who grow rich on the labors oi the prodn-
cling class Just as this same corruptlng herd were
benefited in the shameful financial operations OF
ALEXANDER IIAMILTON-and TO EFFECT A
COMPLETE REVOLUTION IN THE PEOPLE
REGARD FOR THE OPINIONS OF Jefferson
JEFFERSON an advocate of National Bank
VI there ever was decided opponent Of such an
institution it was THOMAS JEFFERSON. lie OPP
pnsrd it because it was unconstitutional, because
i was an Infringement, of the rights of the States
because it was corrupting; in word, because 1t
was some or THE MOST DEADLY HOSTILE
Try EXISTING, AGAINST TIE PRINCIPLES
AND FORM or OUR CONSTITUTION" His
opposition to n National Bank was early, uniform,
unceasing, decided, and uncompromising. ilo
condemned il in 1891 when proposed by Hamilton:
and when it was proposed 10 create new Bank-
the late United States Augcan SnbIe-he again
condemned it, Jefferson went further. He clearly
foresaw the evils of paper money, and ably pointed
them ont His opposition extended to our Bank
Ing institutions. "TIE SYSTEM OF BANKING
he says, in letter to John Taylor, Of Caroline,
MAY 2S, Isle WE HAVE BOTH EQALLY AND
EVER PERFORATED. ] CoNTEMPLATE 1T As
A blot LEFT IN ALL OUR CONSTITUTIONS,
wHICH,IF NOT ERASED, WILL END IN THEIR
DESTRUCTION, WHICH Is ALAEApY HIT by
THE GAMBLERS IN CORRUPTION, AND is
SWEEPING AwAYIN ITsFRoGREss THE FOR
TUNES AND MORALS OF OUR CITIZENS
II il indeed astonishing that even the Boston At
las can dare 10 Qnote Jefferson as authority for a
National Bank. 20 notorious was his opposition
so widely known are his opnions-thal such con-
duct marks a political turpltude only equalled by
the cool, unbushing, financial impudence oil n
Nicholas Biddle In Jetlersons official opinion
against the establishment of II National Bank, Feb
| Is, 1871, (see jeff, vol. w. 523) may be found
almost erery constitutional objection that has been
mention the bribng of political prcsses-the enor-
mons loans TO members of Congress-the whole
sale swndIing of Bdde, and Boards of Directors
the wanton interference with tho business OF the
coun,ry-the flood Of immortality that would burst
| upon the nation These remained TO he cngender-
ed by our great wing latter-day political salnts'-
From this strong state paper we quote the Hollow
Ing extract;
sThc incorporation Of bank, and The porers
assumed by mis- bill, hare not, in my opinion,
been Tolerated 10 he United SiGtes By The Condi-
tuition.
| |. .THey are not among the powcrs especially
enumeroief." He then names the powers to lay
,axes''-to borrow money and TO regulate COM
merce.
! .. ".Nor are hey wihin either Of the general
Dbroscs." The whole opinion is well worth the
attention of John Tyler and those who intend TO
resort 10 The fathers Of The republican school, for
advice and instruction"
When the question Of chartering the late U. :.
Bank was agitated Jefferson addressed to John w.
Eppes (sce jeff. Correspondence, vol !, p. 2OIl
an elaborate, and unanswerabe letter Il 7dgdlHsf
The establishment of National Bank. This Is
long, filling sixteen pages of the volume. iieabIy
discusses tho questian Of the benefits Of paper
circulation. He saws: "ihe experiment IS going
on. desperafelu in England, pretty boldiy ruth MS,
and al The end of the chapter, rs shdH see Which
opipion experience approres: FOR nELiEvt
THOSE CASES WlitRE MIX
| CAMILLE CLAMOR WILL BRAVE DOWN
REASON, UNTIL IT Is CORRECTED BY
Rim" He again resorts TO tie Constitutional
ob;ec,iops 10 a National BanlS-to the charter OF
the frs, Bank. The following is a sufficient an