The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1841-12-24

the example of the late United State
Bank of Pennsylvania, and 20 into lIllr
dation, rather than, by refusing tc do SO
to continue embarrassmcnts in the way 0
solvent Institutions, thereby augmenIn-
the difficulties incident to the prcscu
condition Of things, Whether dis gov
eminent, with due regard to the righ,s 0
the states, has any power to c1usuu.
The banks either to resume specie pay
ments or to force then into liquidation
is an inquiry which will no. fail 10 claim
your consideration. In view o! the gr1s
advantages which are allowed .Ha c3wo
rators, not aroag the least OF which h.
the authority contained in most Of then
charters, TO make loans to three ume.
the amount Of their capital, thereby often
deriving three times rs much interest on
the same amount OF money as any hjI'
yidual is permitted by law to receive, ~
sufficient apology can be urged Tor ioas
continued suspension o! specie payments
Such suspension Is productive Oh 'o'
greatest deirment to the p"'.ic ny eApe''
ling from circulation the precious metals
AMI seriously haz'r"'ns INC SUCCESS oI
any eAoH ina! ms government can maze
to increase commerce." lAcI''''IS Ill" 10
advance tle puolIc interests
MS Is more 10 DC tC5'c"oo' al" '''
ihu'SPehSao'c heces'''! 'o' " 50 o"''' I"'-
rehcy becomes 'H' "'''' '''''''''S' ', " '.0''
we renec' 0" INC vast amount u n ',o '''
'efAai co''''''''" " '''c County, va ',.'0
we nave no S'a"'"c9' HOE JUS, "''I IVA
forming a"'I'"'e ot'.''o.', p'' '''~'. ,
can DC 10 o'"'' o"t ''''' '"e "'''''',!' W.
'FansPoFI'I!'" co%''w'SI' .! sV'' an" ''J
"a"SP'''''!o" ''''"", y! ''''I' , T I'''
oan1'S' anu ~ steam 'o'''' ,''' .! o'''1' !.
MoaeS OF conveyance, over VIC sH''''O ",
our S's' r'Ec'' al" ''''''''''s' ''"IS' "'''
'''' Na'II u P'oP'lY 1"' t. az" ~ ',''1'
c"l"Scu oy '"oS' ''''"',s' ',0''' s'''o''''
aggregate " "','"'' '''' io'''s" ' L,.
o. 'Ac county, '"5 ID Il - "'"'N'S '"' d
us '"". "Pi'""c"'
l" INC a2Sc"cy VI ""y to"U0"'Hs '0"-
Ut over u'iS S"?Jcc" winch ny 'o'o''s f"
general feS0H'P" VI Si,oc'o P'!I' MS
would al once nave '"e o"e'' oI restoring
Souhu inediu'n o' cAc'"'s', ana "'"'"
leave 10 'ne country lI'l'e 10 ueSl'e' WHAT
measure Oh re''ei la'iIhS "''''l" '''e minus
Vi cohs'''u"o"'' c''"po'c"Ty' uo'' It Ut
come 'lis government 10 "uoP'' 1t was
my palh'u! GUY !" your 'lS' SIsS'on' u"'
ueF '"c "e,gn' o' 'HG '''o'' So'''''' oo"S y
nohS' 10 o!ier WIN congress Oh inc
measures WNich II ProPooeu LOT my APP.
Proval' ana "hich II thought CORRECTIVE o.
existing e'I's' subsequent 'e"'c"o"'
anu c'eh'S since occ"Fr''s' nave o"H
served 10 connFn me IN 'he Opinions '''h
entertained, anu ''"nh'y eNP''SH'"
l must DC Per'A'''eu 10 'ou' !na' no
scheme OF government poI!cy' "naloed oy
Individual eXcFuohs' can DC a'a,.ao'o 'oE
ame''oralii8 'ne present co"u'"o" VI
'hInSS' 'om'hefclai Ihooes o' CNc"a"se'
'''N s'''
Sa'y means u '','''"o'oo "''" "'''a 'o"'S,'
no' '!ie uirec' productive sources Vi "c"',"'
wealth can only nc accumulated oy ''o
earnings OIL INDUSTRY ana inc savings o'
iFasaIi'y' ana ho,nlhS can De more III
judged IMAM 10 look 10 lac!I'"eS III Oo'-
rowing Or 10 reauhuah' c'Fc"aHoh' LOT
'ne power oi "ISc"arSIuS Pec"!'"Fy o'"'
gauons' Inc country Is lulI OIL resources
ana the people ioIl OF energy ana the
great permanent remedy '9F present en-
oaFraSsmen's must De sought III 'nIusiFy'
economy the observance OIL goo1 ''i'Ii'
ana 'he ia'oraole influence OIL ''he'
IN pursuance % Picog' gwen you III
my last message 10 congress- when
pledge urge as an apology Tor aay'niNr-
ing to present to you the details OF any
plan, the secretary Will DC ready TO SUB
init to you' should you require IT, a plan
OF finance which, while 1t throws around