The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-10-30
A REVENUE CURRENCY.
, THE EDITOR OF THE MADrsoNIAN.

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BALTIMORE, Oct. 26th, lS4l.
The amount required to pay revenue of twenty
four millions will not exceed two millions month,
provided two millions month be dsbursed. For the
same money that is disbursed may be paid into the
Treasury again. and thus be disbursed and repaid,
from month to month the end Of the chapter. And
nobody will pretend that money, generally speaking,
is kept on hand more than month at time or that
all moneys do not average at least twelve revolutions
in year.
Was the balance in the Treasury last January two
millions Every man in the country, who knows any
thing about it, knows that there not two millions,
and less than one-S9S7, 345.
1t is very evident, them that the revenue alone can
not furnish currency for any body but the office
holders and creditors of the Government; and that
this currency must be- has been for the last four
yeaIs at an acreage Of from three 10 fire per cent.
premium
Ne rant A CURRENCY FOR THE PEOPLE,
as aoeH as the Government
We want currency that is not under the control
of party, any of its functionares whether Pre-
sident or Premier the first of the Republic,
or its humblest hreling.
We all know what clamor was raised against ex-
President Jackson when he proposed GOVERN
MENT BANK I" that was to "obviate all objections
of the Constitution" Gas he (" understood it') We
shall not stop to inquire whether the clamor was
groundless not but simply remark that it was pow
erul enough to send his still born scheme, before it
ever the light to the receptacle Of things lost
on earth"
We know not what promise of "He greatest good
10 the greatest number" the sTIlL-DoRN might have
offered had it arrived at puberty under the nurture of
the old Chieftan attained Fiscalhood under the
admonition of the Albany Regency. But we have no
doubt, had it lived, it would have been clicked into
(passable) shape, and whipped into decent
spect to The opinions Of mankind" and taught due
regard for the common interests and general welfare
of all classes of the great Republican family
tho humblest well the highest,-and never
have been permitted to shave" or Swartwout
for livelihood. But, as it is, this LIT
TIE MONSTER like the great Monster" has gone the
way of all ''rags" 1t is alike useless for grief
rosity to speculate upon 1t furher-Requiescdf in
pace. May it rest in peace!
No further seek its merits to disclose,
Or draw It's fralties from their dread abode
We trust, that among all the countless schemes for
National Currency, we shall be favored with no
more designed with special view to take ofthe
Government, and leave the People to take care of
themselves" This is not according to the Consttu-
ton, as they understand IL; nor will they be easily
persuaded it is the best mode ito preserve protect and
defend it," No partial legislation for classes con-
ditions, can ever establish justice" promote the
general welfare" nor is it very well calculated TO
"ensure domestic tranquility, or Secure the blessings
Of liberty" either to the living generation, or their
"posterity"
However various may be the schemes we hope we
shall have uniform currency-one alike for the Go
vernment and the People. Nothing less than this
will satisfy, at least.
ONE OF THE PEOPLE,