Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1841-06-29

From indications, tie present bids fair TO be, TO
the people of The United States, even:fu and i'm
porant session of Congress. The experiment of
making better times is about to be tried Natural
laws 10 be experimental upon and we are 10 see
whether money cannot be made plenty and times ea
sy though 1t should take every farthlng of our
10 pay foreign debt, and also whether
exchanges cannot be forced in favor, even II we
should import twice much export. We have
of had opportunity of Witnessing and plying
the efforts Of poor simpleton, wasting his SUBJ
stance in attempts to produce perpetual motion, not
dreaming that VIC, as well perhaps, Others much
wiser, were expecting the development Of result
equally unnatural and abSurd-the violation and de-
feat of natural laws. What else is attempt by le-
gislation, 10 make money plenty and exchange favo
rable, when the natural course of trade makes it
otherwise. Lce >latures 10 accomplish this much
dreamed of end, have need to exercise an influence
over The minds Of men sufficient make them be-
eve the is made of green cheese, or that black
is white. Take our own territory, for instance; in
what light should We view attempt on the part of
our gl>ature 10 make exchanges between New York
and Wisconsin, by means of bauk or any other
means, III favor Of sconsin; should Justly view
it as being home its absnrdty plain
to us. We know that we consume more :han we
produce, that we are dependant upon New York for
consumption, and that Of consequence and nsces-
sity, whilst we have no productions of our own to
meet the purchase of our neces>arie, that exchanges
must be against u.s. or that bills on New York m st
be worth more than bills drawn here We would
laugh al attempt by legislation to mead this STATE
of things as long rs we remain dependant upon New
York, yet il is seriously expected that Congress by
means of great regulator, is going to keep up most
perfect equilibrium in exchange between every part
the Union If the cotton crop of the south fails
through the uniavorabeness ofthe weather the bank
VIII take The south under its protection, and by its
system Of reguIaImg force u credit in ANTICIPATION of
lis next crop, the south is at once plunged in debt,
but tho bank snsains in all its reyerscs failures
| OF crops extravaganza and every thing else unrl
creditors can no longer be dupcd-hc reality Comes
The south Is obliged to pay its debts il, something
that has vaue-he regulator we'll as its system is
blown to the Winds and the natural laws Of trade as
sert Their supremacy. This be The suit u heno
yer and wherever, powerful institution in rcruh
ting exchanges, forces unnatural credit We have
a still further evidence of this in the pecunary de-
preston suffered by the whole country. hi, heinz
natural result after the unusual credits which Ind
been forced 10 enable to indulge in useless forecn
! luxuries. But Notwithstanding all the lessons of
experience, we bid fur as will be seen by the recon-
| mendaIion of Secretary Ewing. published in ano-
ther column, and by the debates IN Congress 10 have
another guaior To regulate nature and assist idle
! ness TO independence, fastened upon II " i'll an
sWer the purpose for Which il is intened about the
! time IN the projectors of 1t raise themselves
their garden walls by lifting at the waist band Of
their pant blooms.