Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-12-23
From the Cincinnati GdzeHe.
E NERAL JACKSON.

1N''S' W L i'uNN NbAnlu q
correspondence between the Old Hero,
and HE ancient friend, Moses Dawson,
Esq. on the subject Of The Exchequer.
This correspondence is not Of late
date. 1t was commenced in 1871. soon
after Mr.. TyIer's plan Of finance was
published in his message But Moses
Dawson. fearing that the faithful nigh
be led aslray, or that there might not
be any thing like unity Of opinion. and
seeing besides, 'ihal there was 10 this
neighborhood a feeling favorable 10 the
E~Xchequer." wrote 10 the General for
permission TO publish that correspon-
dence, in order, we suppose, TO chsnge
this feeling, and stop any of the party
Gfom signing any memorials in behalf
Of The Ex%cbequer.
"On finding, however, says Mr. Daw-
son writing to the editors Of the En-
quirer, 'iately, that there was some
feeling in this %neighborhood favorable
10 tho plan-and that persons seeking
Tor signatures 10 q memorial 10 Con.
gress IN its favor, have stated 10 those
Democrats whose names were asked
for, that the plan was such an one as
would be approved Of by Gen. Jackson
Now, being impressed with The belief
that the plan was one TO which that
worthy patriot was and is opposed, !
wrote TO him for his permission to pub
Ilsh his letter Of last year-ro which
have received a reply, conserving to The
publication Of his letter And consider.
ing it highly important that the Demo.
Gratis OF Hamilton county should be in
posse ssion Of the Generals sentiments
upon this important subject, | have to
request OF you the favor OF giving pub
llcIIy to the correspondence in your pa.
Per-and, therefore, propose publishing
the latest letter from the General on The
subject"
Measures, not men.-This is the great
doctrine Of the party. But where The
harm in letting the faithful know what
the old General thinks? 1t will stop all
division among them, and make them
ieeI-mlghty men as they are! as if
they ought not 10 have ccunlenanced, or
encouraged, such a scheme as the Ex
chequer. 1t may be, too, that another
thought entered into the head OF friend
Moses. Just now there is not entire
union in the party as regards the Banks.
There is a hard money clique, and a
mixed currency clique, and, il report
don't belle them, they have had hard
words, and may yet come 10 hard blows
on the subject. How pat, then, is the
General $ letter 1t puts n stopper on
this divislsn. The old man holds paper
currency a curse, and treats as sheer
hOmbug the pretence that there is not
specie enough in the world 10 meet The
business wants of the world. And who
now will dare TO dispute this poinl?--
What man Of the party venture 10 run
a tilt against authority so hight Mea-
sures, not men; but still General Jack,
son knows the views of the 'Democra-
cy,' and, therefore, il will support and
sustain him, So The old man writes in
reply TO Mr.. D's request.
HERMITAGE, Nov. "a, l842.
M Dear Sir:-Your letter Of the
18th instant has just been received, 10
which you ask permission 10 publish my
letter, or extracts from it, 10 which you
refer. | have no copy of thai letter.
and when written, had no idea of its
being published, and as | wrote in haste,
there may be errors both in grammar
and spelling, which may need correc-
ton; still, as you say, it may be useful
for information TO the public, having the
greatest confidence in your judgment,
the permission you ask is freely gwen
10 you, ! never put TO paper any thing
but what are my malured opinions.
As 10 the illusions made to my. Mes
sage TO Congress, had | strength, |
would give you The full outlines Of that
project, if Congress had made the call
on me. But why the call was not made
upon me, Congress was we'll aware Of
my opinion Of the Constitutions powers
Of Congress in their legislation Tor the
District, and of the States, with regard
TO chartering Banks. | will give you a
concise and hasty view Of that opinion.
That the power Of Congress over the
District, was equal to that of the States
over their respective limits, and that
neither had the constitutional power TO
charter Banks Of paper issue = that the
only power 10 this respect was to char
ter Banks based upon a specie basis. 4
oil deposite and exchange The States
having resigned to the General Gov
eminent the sovereign power 10 coin
money, rogulA'e the value The reof, SC.
&c. and prohibited themselves from is.
suing bills o. credit, or to make any thing
a tender in payment Of debts but gold
and silver coin hence the reserved
rights Of the States contained no power