Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-08-17


rs. If there Aa permanent deficiency
in the revenue, it should be our duty 10
provide for il BY increasing the tariff al as
early day as practicable; and until that
is done, why not continue 10 use our own
credit in the form Of Treasury notesi-
The great objection urged BY the Secre.
tsry 10 the use OF these notes is. that the
people will not know what amount has
been issued, and they may be involved
in large debt before they are aware Of
1t! Well, sir. is It not an easy matter TO
guard against thisi Did it never strike
the luminous mind of this brilliant Secre
targ, that by publication of the amount
Of Treasury notes issued and redeemed
monthly or quarterly, the people would
be fnlly advised as TO the Smoun, Of the
Indebtedness Of Tie Government? Cannot
these new books which have been opened
be so kept as 10 enable this great finaneier
TO furnish these faclsl But dismiss
the report. trustin1l have show satisfac.
toriIy hiatt he Secretary, ike other mon.
is fallibie; and that even The most saga
ciOus may occasionally err.
Some other measures Of relief have
been disclosed. In addition TO this loan
ofl2 millions Of dollars, the committee
of Ways and Means are TO report bin
levying duty Of 10 per cent on certain
articles; thus increasing the taxes some
five millions OF dollars. This must be
paid by the productive class. whom you
are pretending 10 relieve. You relieve
the Government by increasing the expen.
ditures and borrowing money, and YOU
relieve the people by the imposition Of
new taxes upon them! And his yoR
call 'chig reform! II has been said,
"ihose whom the gods intend to destroy,
they first made ;"if 50, your hour OF des.
trnction is near at hand. You are here IN
majority of some 45 or so; but so great
is the contrarieiy Of opinion amongst YOU
on many subjects, that it is somewhat
difficult TO te i which of the various fact
ions represents the administration. We
have the administration proper and i'm
proper-the pracljcables and impracta.
bIes Lthe "ChGrleys" and the "lldle.
men" between whom there is now vic.
lent contest touching the establishment
ofanatjonnl bauk. Judging from the
fact that there are large number Of
bankrupt politicians ia. YOUR party, who
have squandored their fortunes in elec
tloneerng il is probable thu Lidle.mcn
will eventually succsed. The promise
Of sou has powerful influence over
hungry partisan, whose conscience has
become deadenad by the ups ana downs
Of political life. But II is a great pty
TO see party which yesterday yook forth
in the pride Of conscious Strength, ready.
and wiling 70 crush us poor democrats
TO the earth, today divided and distracted
TO suchan extent as To render them aImos ST
impolont. Alas, poor whiggety2 thy
days are numbered, with iho things "ihal
were. but are not" If did not con
scontiously believe that tho solvtiion of
the country requires your defeat, ! would
drOpa tear or sympathy over your fate
foT there are some clever fellows amongst
you.
You have two other measures ef relic
to which must refer before close my
remerks--lhe repeal Of The Independent
Treasury bill; and the Incorporation of
National Bank Il is paltof your con.
tract to repeal the Independent Treasury,
aud you should do it, No matter how
much you have deceived the people, it
will not do for you to prove falbess to
your allies, the banke,s; they fought
manfully for you in the last canya IS, and
are now anxiously looking for their remu
neraliOn in the custody and use of'lhe |
public treasure Let tho money chang.
ss speculate, upon the peop'e's money,
and there will be at least one class Of
men reiped, and that case for whom
you have always exhibited a special 70.
gard in your legislation. But gentlemen
are mistaken when they say the people
have decided in favor Of National Bank.
The President says in his message thai
il has been condemned by the people
whenever the issue was made. The
Democratic party, in the region from
whence ] came, charged and endeavored
toprOve that il the wings we're successful
national DanAi 10 COllTNi lhe currency
and politics Of the country, would be es.
hblished. This the party leaders dis
claimed and pronounced "Loco Foco
slsndsr." But will not debate this ques.
ton now, as design, when the bill reach.
es the House, (unless prevented by your
Rsg rules expressing my views fully up. |
on II.
Well, Mr.. Chairman,avo not the meas.
urcs your party are now carrying out
throwing ns back where Hamilton placed
the Government in l70lG Yun have in-
directly assumed tho State debts; you
now propose TO create and fund national
debi; and you are to incorporate Bank.
and make It's vaults public Treasury
A IL L..