The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-04-23

OUR NATIONAL POVERTY.
What has made the nation poor Bad Government
There is no other possible cause TO be found. The
enterprise Of the American people, left unshackled il
not only indomitabe, but bcundessly prolific Of pri
waite and public wealth
Private and public wealth is productive one Of the
other, especially under a Government like ours
When the people are prosperous the Government will
be rich, and when the Government good the people
will be prosperous. Nothing can make the American
people and their Government poor but the fault Of the
latter.
When Gen. Jackson came into power, were a
rich and prosperous naon and General Jackson said
when he retired that he left the nation prosperous
and happy" If this was true then, II is not
II takes years Of bad Government to break down
ton like this, and General Jackson began it in the
latter part of his term The ability and OF
the nation which, under General Jacksons first term,
enabled TO pay of the national debt the fruits
Of long preceding good management of our public af
airs and we reapng the fruits oftha long pre-
ceding bad management which General Jackson in
PRODUCED, and Martin Van Buren, carried out to It's
contamination There is no getting away from the
truth Of this feature of our past history.
We are prepared to prove, by incontrovertibe sta
stics, that before this nation shall have emerged CON-
pleely by the return Of good Government now looked
,or and we trust begun, from the disadvantages to
which the administrations Of General Jackson and
Martin Van Buren, have subjected us, our national
prosperity and wealth will have suffered more than
the whole national debt ofGreat Britain.
We toere rich. That is well known. We are now
poor. That is equally well known. We will add
il tring that could have made this nation
poor. There is no nation on the globe, which has
the and enterprise combined to promote ma
,onal wealth. which we have, and nothing is required
to attain this end beyond the limits of any definite
measure, and in constantly accumulating proportions
but a Government adapted TO our physical, moral so.
cia and political condition. We want nothing but
freedom and free trade.
BY the term free trade, we much. The
amount Of it is this Let the people have their own
way, and give them sound and adequate currency
Every one best manage his own affairs of business
But this part Of freedom will be of little consequence
fthe currency, which is the sole medium Of trade is
both bad and insufficient.
The late dynasty will be characterized in history
that period of the American Republic when the Gov
eminent had the folly and audacity TO wage war on
the national currency, and succeeded IN destroying it
to the destruction of the nations prosperity We arc
poor, suffering, bankrupt people, all the consequence
of this foul quackery and recklessness. The very
mention Of il, proves it TO all observation Every man
that opens half Of one eye, sees and knows it all
II will take time to recover from this terrible shock
which the nation has received from such bad manage
ment The whole of the year 1910 was spent in get
ting out Of such bad hands, suffering all the while un-
der the worst effects That stage, and great
one Now we have but moments time TO survey the
wreck and ruin that has been made of u.s. and to sum
mon all our energies to repair these desolations I'm
der the guidance of wise councils much expected OF
the approaching session of Congress The sub Trea-
sury must go quick TO its deserved DOOM known and
hated of all men, the instrument of tyrants and the
of the free Then will come the task Of re-cs-
tabishng the currency. Edciiis .descensus aperni,
sed etc. II was easy to break it down. and
agony that followed but hard will be the work to
set things right again. Nevertheless it must be DONE
The nation feels IT, knows il. All ready all i'm
patient. The period of misery has become insuflera-
Bile. We people that must have something to do
and something to do with. The latter must be prov-
ded by the Government. In six months we hope to
things in better Order and the prospects before us
brighten.