, 1842-12-10
TFor the Radical

enCe OeilS Hiue 10 Ule "HnTU fiNHeA.
So severe are the pecuniary embar
easements, that. like n burn or a tooth
ache, i, is imposs Die tn forget them,
II IS also equally the theme OF the
newspapers.
Is 1t because the bnunlirs OF Pruvi
dence, in the shape Of abundant crops,
has been withheld? No.-but 1t is
because labor. Hnd or great surplus
Of produce. are comparatively value
less. Nothing is more common than
10 hear the deprecated paper Of other
States. small notes, the illegal bank
i'm by corporations, and the issue Of
scrip by cities, counties. and towns.
denounced as the cause of this search
" and difficulty of ~cnllccsing money.
The Governor in lis message takes
the same view of the subject, and his
pariiZln editors vouch for the sound
ness of his views thereon. Now al
this srfms'to TIE like mistakin. the
effect for the cause. am veTv far
frpm advocating the circulation of
small notes. deseciaied paper, or any
of tits corporation scrip. But ] an
more sorry there was IN necessity
for The cities and counties to resort
to any such cx~pcdicnis. Embar.
raised corporations. Ike poor men.
have 10 resort I" '.poor wavs"tn get
along. They find themselves in a dif-
~licuity and II compelled TO take i
'choice of evils
In my opinion, we would be better
employed in searching out and expos
ing the causes that first brought de-
Preciated paper Of other states, among
uS.-in short, the universal embar-
rassment that pervades Tie United
States.
The clamorers for Stree trade" and
low duties on iore'gn goods, accom-
pli,hed their oliecl IN 1888, by which
the duties were reduced ten per cent.
annually. from The Both "fJune 1888,
TO 3Oth Of June 1G42. We should of
course regard this lavori;e expert
ment as sufficiently tested. And how
has il worked? DurSng oil this time
our principal staples have been al
most excluded from European mar
kets by high duties. ii WAS not I'M
til (! last summer thst tie British
Parliament relaxed her restrictions
ON our leaf tobacco, so far as to take
Maryland Tobacco at &C 2-3 cents
per pound, While all others pay 1884
cents. And il was not until in last
October, after the passage of vi las
Tarifiaw, early in September, which
showed our determination 10 live
more upon our " resources, ana
stop the expectation of specie 10 pay
r balances, that they reduced the du
ties on some other Of our staples, &c
wit: Our smoked meats from 90 sbil
lings to II shiIlings Tcr hundred
pounds, and our picked meats from
10 to 8 shillings per hunmed, anC
also their, sliding scale in our whcar
and flour was somewhat. reduced a
the same time.
=, The clamorers against a Natlona
Bank accomplished their object also
/, through llhe popularity of Gen. Jack
son. He said the States could fur
nish Il better circulating MEDIUM
4 that the Bank had boarded the public
money-made large profits on it--and
had kept the people. the true owners
Of it, from the use OF it-"and that II
was as inconsistent TO lock up this
treasure from them, rs it was in time
of war 10 lock up the public ar,as--
that the deposite banks which had
the custody of it would be greatly
uidcd by the use Of It, and were off
cially, (by the circular OF Secretary
fancy, in Sept. 1889 recommended
TO loan ii freely to the people; par
iicularly those engaged in the impor
tation of foreign goods. the duties on
which would enrich the treasury, and
II C,,rco bo hnpaGttat fhprehv