Litchfield enquirer., 1842-11-10

and seasons" This result has been first in the constant action of the Federal Govern ment, or their supposed meditated action on the banks of the states, which created universal panic, that has compelled the banks to withdraw their circulation, and next the General Government permitting to remain in criminal abeyance their sove- reign function to supply a currency equal to the wants of the country, and "to regu- late it's value.''
 The consequence is, that the states have nothing in the shape of credit, or money at home to pay with abroad. Every species of property has fallen from fifty to one hum dred per cent. and the standard of value so seriously disturbed, that man in 1853 might have had property to three times the value of his debts, yet he is now tPso tGcto ruined by the silent transit of our country from a redundant circulation to what some are pleased most felicitously to call hard money currency-when the fact is that we can procure neither that which IS hard or soft.
 By this alteration in the standard of value, a revolution is in portentous progress m our country, as wide spread and desolatlng,'as far as property is concerned as that which distinguished and illustrated the masterpie- ces of human policy of the Robespierres. Dantons and Marats of another ill-fated country which in its time was governed by it's demagogues too, who made paper money so thick that it showed assignats in the streets of Paris, and then turned round and burnt in their phrenzy their own handy work. Look, my dear sir, at the thousands, and tens of thousands of families that have been ruin. ed-that have had unutterable woe carried into the very bosoms of their houses, by the nostrums of our political quacks, who, in their sensless war on the banks they created gave no time "by the preparatory revolu- ton of the intervening discords" for the country b pass from period of expansion to one of severe and arid restriction. To those who have been ruined ia these unhap- times whole estates have passed under the gripe of the sheriff, the moral justice of Gen. Jackson's memorable apotheysm will be but dry crust, "that those who borrow money ought to break," doctrine out of which their creditors are likely to derive as little com- fort as themselves although it must be ad- mitted that the General tried all he could to secure this blessing to the country. But my good sir, the day of reckoning must come.- The account will be adjusted now or by pos. terity hereafter. One of first sums will be to settle what the victory of New Orleans has cost us. These are generally expensive pageants any how. Bonaparte probably never achieved one for LaBelle France, except to the tune of twenty millions of francs-to say nothing of the lots of "crackcd crowns and bloody noses," he left on the field of battle. But his victories in cost, were no more to be compared to the victory of New Orleans, than penny whis- tie is to Baron Munchausen's celebrated cla- rion under an Aprll thaw. calculate that the victory of the Sth of January cost us five hundred millions of dollars, besides the small expense of entailing upon the country, "a set of drivellers whose folly has taken away ali dignity from distress and made even ca- lamity ridiculous You will say hold You and are greatly responsible for this hero's getting into power. Yes it is true willingly would expiate this sin, sir, with my blood, if it could recall the fatal past But this is impossible. Let US look with courage, and resolution to the future. I care ] not what your abstruct theories on banking l are, whether they agree with or differ from the close of the late war, the resources of mind and spirit to lift the country out of it's present deep decadence. Yes, my dear sir, I believe your ambition and your genius are on level with all that is great and glorious in human action or enterprise. The field is before you-take the lead in some great public measure, whether it be Bank of the United States or an Exchequer agent it is immaterial. so that it shall restore confidence, invigorate industry, give us an abundant, sound circulating medium. and drag up from the deep drowning credit of the States. Do this, and if the first honor of the country does not await you its last blessings will rest upon your fame.
 I remain, my Dear Sir, with sincere es. teem,
 Very respectfully and faithfully yours,
 J. HAMILTON.
 P. S.-I shall be out in the next Halifax steamer. and hope to confer with you on the subject of this letter on my arrival in Caroli- ma.
 From the Rochester Democrat.
 A PROTECTIVE TARIFF AND PLENTY OF
 WORK AGAINST FREE TRADE
 AND STARVATION!
 Next to the great champion of Whig prin- ciples himself, the principle of Protective Tariff, excites the greatest enthusiasm among the people. It is SO clearly indis- pensable to the welfare of the country, that but very few, not politicians, are opposed to it. Its enemies are found among the leaders, and not among the rank and file, of the Loco-Foco party. Were the vote of the electors of the Northern States to be taken upon the question tomorrow, with out the interference of demagogues upon ei- ther side, FoUR-FIFTHs WOULD BE FOUND vo- TING IN THE AFFIRMATIVE. A Protective