Louisville messenger. (Louisville, Miss.) 1842-1843, 1842-12-24


That plab had been ndop, u wo'h ul
have hcch VI nfu'li btit,fstnio ~
~ aen ~ lresebL OWf res en ~
awHls itai, ns.of ting 10 or option
III beet u gulaiof u all silct nnttu
~ irado gtId eNsIungpt. !. tlp gfai
syst ~ n mws witch The ttttit :
badu WHEN be made oil tliinAs. Tbts ID
LAWS Hru en ~, d ~ some eoa'idcta.
lun un &C, ouut e their ori 80 nnd
before l. gsla 'utes attempt lo fcpen
hem, " Obstruct The 0prlni 'tih
would de- wen lo ,onsitcr W ehr.
he potsIcrds oi the earth arc he :
to succeed ~ come Win ilri
Maker. We have fole our b 8, :,
us way; but cur aolk la. been ! TO
Ken TO piece, and we are row snilei'
ny the just punishment Of Our [ Ily
Immediately of or he gr at tguk-
or bc, anne thoroughly disabled, and
the syst N or guhlion rs SUI h n
lirclv annihilatcd, the laws Of trad,
(ns they are rm d. began their't
storing proce S. Tor two or I rec
years, tie p tess Of rcstor'tlon has
been going on, aud The work IsioN
almost completed. Soondncss as
been st rcd 10 the currency through
al tie Atl.lllt c Sta es, aud ;hc Gull
f Mexico, Alabam oul, M ms IN
sound, aud | er day OF recovery i I
hard. When the regulators OF New
OIL, ans broke down 1t ou,c aud VI.
On a great emerge ey, the laws q
uadc applied an instant r. mcty.
Three millions of specie we've hur-
ried to that point with as much dc,
spatcI, as ever a general marched
f,sltrours to support 4 broken vii 6
of his army; and now all is quiet a
gai flo y thu laws Of lra@e can
be left to perfect the w'rA Of re.to'a-
ton, il will be incomparably soundrI
AMI safer Ian il braughl al out by q
regulator. Mt Only Is there a PLY ST.
cal restoration in tie actual existence
Of sound cure. cy, but the moral Il
int. lie, tual disease # the ublic have
been cured. Sentiment has become
sound. If INV We can be wise G.
nough TO b lie,e that the law IS viii, h
have brougi order out Il coif Sion,
are competent 10 preserve the ODD
they have est..b ished, We shall G
wiser ll.a,l al pas age las been.
Another such revulsion as we are
now enduring, could never again oc-
cur.
The various pl rs which are now
brought f,rward show that the pub
lie mi ID has cone nearly light. What
we wait s--no,hing; ana the pans
proposed are as near not ing as poss.-
bic. lI.ey are hot, lherei re, partl,
ularly dangerous; but, SO lar as they
have any effect, il viii be i ,urols.
The Go, efpment should lave Moth, 9
TO do with exchanges. All It has
properly TO care for, is The collecting
saic-kceping, and disbu's,' got .tsrev'
enuc.
Any cxchcGuer viii h h uld 60 in
to practical operation would be a dan
gerous thing Whenever the Govern,
melt should be pressed for n" n,y.
II large amounts ot specie should l.,
accumulat, d lin d posite, the Admin
islralion would, upon an emergenci
always find excus, S 10 uslng that spe
Gle, ratl.er Ian to impose taxes; and
the public would think well OF it. An.
OF er ready ready would be I /. l,su,
Of certificates Oh deposite, when nc
depo-ites hal actually been ma ie,
Governments always h We, md al
ways will resort 10 the means et >ucl
Establishments when tie means ofthe
Government run low. There will be
no check upon the power Of Congress
! in this respect. ii would not, like =
nallo. al t,aLk, he a co,dgaet With {
second rar'y, Who must be consulted
about Cnhnges, but the whole ing
would be creature al Congrrs'. to IL
made aud altrre and used al lis plea.
sure. In good times, il ght work
to erably well; hui, in had tim.s. il
would be almost c. rtain to do mis-
Chief. ~ Y Journal cf Commerce