Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1842-10-06

assirnais in tho streets or Paris, ard then
TUNED round aud bnrnr in their phrcnzy theV
~ ~ hnndy work. Look, my dear sir, nj The
housnnds, and tens of thousands of families
hat have been ruined thai have had unuiiera-
blr woe carried into The very bosoms of iho'r
,ou,rs, by the 'nosru,ns Of our polifical qnacks,
WIN. in their scnselrss war on this very bank"
h.y created gave no time "by the preparatory
revolution of the intervening discords" for tho
country to pass from n period Of expansion to
one Of severe aud arid restriction To those
~ lo have been ruined in these unhappy ii'nt';
Whole estates have passed undcr The iend"r
Crime of the sheriff, The moral justice Of Cen
raj Jnck.on's memorable apollrysm will be
hut dry ernst, "Ihat those wb" borrow money
,ughi 10 break, n doctrine cut of which their
creditors are likely TO derive ns lille c"mi"rt
~ themselves, although IL must DO admit''h
hat the General tried all. he could 10 secure
This blessing ia the country. But, my good
sir, the day of reckoning must come. no
account viii be adjusted now or by poster''y
hereafter. One ofIts first sums will DO to sell
lie what the victory of New Orleans has cost
MS. These are generally exp.nsive ,pngeanss
any how. Bonapart- probaby never achieved
one for I.nBriie France, except TO the tune oi
twenty millions Of ffancs-io say nothing "i
he lots of ''crack.d crowns and bloody moses
n. lrli un the field Ofbaiilc. But his viciori"S,
n cost, were no more TO be compared to tho
,ictory or New ORLEANS, Than n penny wbisiIn
lis to Baron Munchansen's ceitbraicd clarion
under an April ihaw. ] calculate that tho
victory or the 9Th of January cost Us hve hum
drrd millions of dollars, besides the small ex-
pensr of entailing upon the country, "a set oi
drivcllers whose folly has taken away all dig
nitv from distress, and ninda even calamity
ridiculous" You will say hold You aud |
are greatly responsible for This hcros getting
into powcr. Yes, j: is true willingly would
"xpiaic this sin, sir, with my blood, if II could
recall the fatal past But this Is impossible.--
Let us look with courage, and resolution 10 tho
future. ] care not what your abstract theories
on bnnkin are, whether they agree with or
differ from my own. ] believe you lave, as
on had ut the close of the late war, the re-.
sources Of mind, anJ spirit to lilt the country
out Of its present deep decadence. Yes, my
dear sir, I believe your ambition aud your
genius are on n level with all that s great aud
glorious in human action aud enterprise. Tho
field is before you-iake the lead in some great
public mcusure, whether il be- n Bank of thu
United States, or nm ESrh,qucr agent, IL IL inn
material, 80 that IL shall restore confidence. ~
visurain industry, give To us an abundant.
sound, circulating medium, aud drag up iron
the deep The drowning credit Of the Siairs.--
DO this, and if The first honor of this, omntr,
does not awai, you, it's last blessings will rest
upon your fame.
! remain. my Dear Sir, with sincere esteem,
Very respectfully and faithfully yours,
}. HAMILTON.
p. 81 shall be out in the next Halifax
steamer, and hope to confer with you on The
subject Of this letter on my arrival in Carolina.