Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-08-17
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From the Hartford Times.
THE ENGLISH AGENCY AT WASH
INGTON.

i"lH Wv iAhlht'l' iulkhs
THE ENGLISH AGENCY AT WASH.
lNGTON.
il is we'll known fact that several A..
gen sofoLondcn Banking Houses, are now
IA this country, having come over as
aoon as the call for the Extra Session
reached Eogland, and some Of them came
in the next steamer after the fact of the
call for the Extia Session was known -
These Agents have had the impud ence
10 apply directly to the President of the
United States and the Secretary Of state
Daniel Webster, for aid in accomplishing
their grand scheme, the distribution of
the pubic lands.
The infamous scheme is an English
measure, and English Agents are al Wash.
ing,on 10 complete IT, They are emboI.
dannd to appear at the American capitol
by the succs" Of the federal party, aud
rhe placing Of Dlniel Webser, VINO was
but short lime since, the Retained AT.
Iorrey Of the BdrNgs, at the hand Of
ihe. Cabinet If there is any one acl
calculated to excite alarm and rouse the
indignation Of American frsemnn. it is
this interference of English BmkcrS, in
our Nauouol Councils What could bs
more revolving to the feelings Of an
American. rh1 the appearance at Wash
nglon, Of set Of BRUSH AZ 'ns, for the
purpose Of debating measures to Con
uress. and who have The b0ldness to ad
dress The highest officers Of government
in relation to The measures which shall
he carried ont by Cu0gress? Were the
Democratic party in power, these Eng
/ shmen would not dare thus tD,appropch
The Executive, and the head Of the Cab.
met. They would not think it worth rhe
expense Of coming TO this coun'ry,for the
purpose Of procuring the passage Of laws
for their own benefit.
We ask the attention Of our readers to
The following, which we copy from the
money article ollhe New York IIerold,o
he !2h inst, prepared by man whose
whole attention is devoted TO the fnan-
ci1l operations Of the co rnlry, aud whose
opinions sre acknowledged TO be the
most correCi in these matters, Of any
writer now connected with the public
press in The country, Read il, Ameri-
cans, and Hash for the honor OF your
country, when English measures are
made law by iho popular branch OF your
National Legislature;
The progress Of affairs at Washington
is very slow but full Of interest. The
United S ates Bnk bill labors very hard
md party discipline may prove unequal
10 the task of forcing an unpopular bank
upon the people. The great measure Of
he dominant party, the distribution of
.he public lands, has passed the House,
md will probably pass the Senate, under
he immediate SUPERB iSion Of Mr., Bates,
he active partner Of the house Of Barring
Brothers & Co, from whom The propoNi
lon pas first made. The following is
he letter Of that House dated in October
1880, whersn the iniquiions scheme was
proposed.
"Tho continued fall Of their srocks1 |
market value destroyed speculation, while
many years will be required for real in.
ves,menls 10 absorb all that is at present
In our market. We do moi doubt bur
thai such gradual purchases will contin-
ue Of the stock Of we'll known states
which do not over issue, aud which faith.
fully meet their engagements TO their
creditors, as the confidence in the re
sources and national honor of the United
States remains undiminished in this
country, as well as the conviction that ,bv
such investments, England EMPLOYS
her annual surplus Of capital both safely
aud pgofiahlY, encourages her best Gust
omer, and binds more closely the ties Of
mutual enierest between the two coun,
ties. Bat il The whole scheme oriner.
inal improvements in the Uaon ia to be
carried into effect on the vast Gale, and
with z he rapdiiy lately projected, and
by the means Of foreign capital, mpre
CO apreheusiye guarantee than 6f ind
vidusl states will be required To- raise 20
large an amount in 50 short time. a
naiioaal plcdge moula undoubtedly col.
let ciptal together from all Pirts Of
Europe; but the forced sales Of loans
made separately BY all the individual
states in reckless competition, through
number Of channels, render the TENS
nioru an more onerons inr all, lower tha
reputation Of American credit, and (as
reliance is almost exclusively placed on