The spirit of the age. [volume] (Woodstock, Vt.) 1840-1844, 1841-06-11

LIST of September next Of 4, S45,OUO
In order to supply the wants Of The Government,
an intelligent constituency, III >lsw OF Their hest
interests, will without hesitation, submit 10 all nee
esSary burdens. But it is nevertheless important
so to impose them us TO avoid defeating the just
expectations Of the country, growing ott OF pre- eS-
isling laws. The act of the "a March, 1883 com
monty called the ron promise act, should not be
altered except under urgent necessities, which are
not believed at This time to exist. Cine year only
remains to nplete the series Of reductions proN-
ded for by law, ut which lime provisions made by
The same law, aud which then will be brought ac-
lively in aid Of the manufacturing Interests ni the
Union, will not fail 10 produce the nosl benetrlal
results. Under Il 81 stem oi dlsrminHlng duties
imposed for purposes Of revenue, III unslnn with The
prov >inis Of existing laws, it Is 10 he hoped that
our policy will in the future, be fixed and prrnu.
net, 81 rs 10 avoid Il Csc ccrSltnt fluctuations
which defeat the very ol erls They have in ,iew.
We shall thus best mIanana position viii INV hi e
il vii enable us the more readily 10 meet the i'd
vancrs Of other Countries culru"ted 10 prom 0,r our
trade aud commerce.. wi at the sane the leave
in our own hands ME means If reta!iAlirg with
greater cie'l uni st regulations.
In intimate connections with the question Of rev.
enue is that whl"h makes provision for u srhi"he
fiscal agen, cupahie Of adding Increased ilri'irIes in
the collection and Disbursement Of the public rev
enuc, rendering more secure their custody, aud
consulting true ECONOMY in the great mulp led
and debate operations Of the Treasury depart
ment. Upon such an agent depends, IN IN cn.l.
nent degree, the cslab ishncnl Of a currency Of
uniform yaluc, which is Ci 50 great in purlanCe Ia
i c>s'nirl tcreSs o! SocGi, ;aud On the wston
10 be mnlltsled in It's c. cation uch depends, -
in'luiGy interviewer are is Op 'rilinuS not On'y
with the Interests of individuals, hrt with those 81
tina States, that il nay be regarded in great de-
gree ~ controlling both. Irpper be issucdias the
CHI medium Of circulation, and he power he vest
ed in the Government Of issuing it nj pleasure, elih
rr in the rorn Of Treasury dr. ls on any other, or
/ if banks be used US the publ: dcpnstlres, with
liberty 10 regard all SUrp uses iom dav ,odlyas 81
much added 10 their active capital, prices are en-
posed 10 constant lamentations, and Industry to
SecCrc suffering
| In the nut case, political considerations, dircc ed
TO party purposes, may control, whle excessive
cupidliy NAY prevail III the other The puh.i' Is
thus constantly liable 10 ia position. Expansions
aud conraclrns may follow each other IN rapid
snccrs ion, the one egerd,,lg reckless spirit Of
adventure and speculation, whi:h embraces states
as we'll as iud> iiua's, the other causing Gall Ia
| prices, aud accomplishing III entire change in the
"HPc'' ~ ,''""S' '"~"r VI az ,""' 'F''' Wv
c'"'-"N nuns NV 'u'''" "',u wa
r" we've" III o.. t'"''S J." "''' WV" '"'t'"" :
ne III c'c''s =, ,"c" ""'S' n"'"' "u' IVY, y,
'n' S'"o ~ MINIS wv" 'N'."s ~ ',' r"''"
S!a'eS' h'S' e"ec,H nay re 'hr'o -" '0t ''',,''
,hove reformed 10. ! hn plhir revenues, on hcirg
rem owed fem the then unk Of the United State,
prd,ruu orIcr ola late | r,s,dcN, were paced IL
selected tate iunis which ac!ujItd l., lhr DOTH
/ 10 native IF COu"i i.liir the Government and
n's" '','H "'" P'""'S '" '"' S''"",' Po'N'e "a
ton !"'t's'd tA'ra>"giull '"rF o'N'o, MS '""'
sn!h"% al n'hrr cA'''lhT NhhS ~ co '"e san g.
I'I"c"' W'""' were o@r "r'u' ""'" S'"u
ing the cNr"H( '' r'p'la ISIS cal rush -
D" II" oe !" inc l's,' u'"rc' o. Inc Respective
S'"'eS 'nr ''''l w "''S 81 '"'o ln"'"h, "h|h ny
''ni III" s'a'r' W ~ g'oh''"' rh" lN"S We avg
"'"''''"h 'i me rN'""''nS n'"','n' CONSISTING
u ISL exclusively 81 paper lho""r'n n'n'' qua
u' us'"ll' "h u nN'lInnh oe'N'o ''"" ''e '"''
Sa'eS ~ i've P''Wh t'h0, Il Nv WIZ scNc ''N' u
SOW '.e e"e' ~ '.'' N"",r S!'"'" 'n'"N'" y
sales 81 The pih " Inhts' Tor p.rlo" 'lI'h yeas
| lninr To 1874, nam rA'to'c' n ='o'o'"" Nl
Hnrum. In itst ihsr 'll"lN'd, IN rn"hd MN IS
10 HE amount 81 'oOV,''U' ~ me S"crf,"'r!
/ YEA IL 20. iNtN rei. hrH '"'"'V,''V' M" Tue
next year, 81 81, lhri iMnuit'H 10 i've 'hor
II Gus sun 81 @5.' o,ote, mus rlo"rE- nae
/ the shHrl 'lmrr # three IrGtS 'rw"ic! Ct lN'h'y
'I'er wears pu'chs So 81 me p M dnM"'h'
'rp.r,nt bad ,crchr lt9 n'rts'l'i 81 nii'S'hg 'h'
cor'Sr ct Ihlrls lhai lhr NeGui''rd 'pntm'ni rs
srmfd the HUH qrc,'lonhl,r Iowrr idlsrlln lna
lng IN tie rldS 10 lcrsrd IL payment li dlier
rIt classes ct publ d'mors-a GiSr'ln nallo'
which was COT rc's de- ien'd to correct his mos
rrinorS state Ct lli -, ! HE eNncllon 81 'ppri'
in all payments for the p,hir ltnds. TIT whrl
could tot ~ once arrest The tide wllch had Il
strongly set in
Hence the demands lnr specie lccamc rnccas
ing ard corresponding ptcslldton rapidly enSurt
rndrr the necessities created with The banks Ia
cura their discounts, aud Thereby 10 reduce IItl
| Ier rirrunicn. ! recur to these things with IL
disposition 10 CCnSurr prc.rNisIirg administrations
! uf he .n,ruuon', hui uply in rArn p'ltcailni
# the ruth IF the pcs, ion which have ASSUMED
/ T., lh,n, MY fiscal ogrlt viii h may hc crcul,'
shah lc placed, without dLe Restrictions, ii her il
the hiids cf the administrators Ct The govern cut
ar Ihosr Of private individuals, the ten P'riicn It
Hhrse will Prove IN le rc,isl'rsi. ti rcls ct pn
lilical HgrulGizturti may seizure he lrSl ard ih
p;cup'irgs oiu lcrrdr-s pdy vii rssrll th