The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-02-03
by MlTCHENER e. MATHEWS.
EXTRACT,
FROM THE SPEECH OF
MIR. B E N TO n.

seem 10 come, IKE perOu'a eplueInCSi ouce III 30 mas
ny ages centuries; and while they rage neither NOR
ais nor reason make head against them, They
have to run out. We have just had our season of this
deluson, when every folly, from National Bank
whose notes TO circulate in China, 10 the moruS
uicGuis whose leaves were 10 breed fortunes to the
enved possessors; when every such folly had its day
oftrium?h and exultaon over reason, Judgment NOR
als and common Happily this is passing
away-the delusion is wearing of-before this Cabinet
plan ofa Government Bank with its central board, its
81 branches its national engine 10 strike paper its bro
kerage and exchange dealings its Cheapside and change
alley operations in real business transactions, its
half of one per cenlum profits its three dollars in paper
money any who was fool enough to devosie one
dollar in the hard: happily our season of deuson is
passing off before this monstrous scheme presented
Otherwise, its adoption would have been inevitable
Its very monstrosily would have made it lrresstbIy
captivating 10 The diseased public appetite if presented
while still in its morbid state.
'But the Senator from Virginia who sits over tho
way Mr.. Rivcs. who has spoken in this debate and
who appears quasi defender of this Cabinet plan of
relief he demands ifthe Senator from Missouri [my
poor sel will do nothing to relieve The distress Of the
people and the Government lie puts the question
to me- and answer it readily; yes! Twill domy part
towards relieving this distress, but not exactly in the
mode which he seems to preer-not by applying cat
apasm oflamp-black and rags to the public woundsl
whether that raapllsm sho uld be administered by
league ofcoon.box banks in the State, or by Bidde
King Bank in Philadelphia or by walpOle Exchequer
Bank in Washington city. | would relieve The dis
tress by the application of appropriate remedies to
torious dseasesAa bankrupt act to bankrupt banks;
taxation to bank issues; restoration Of tho land
its proper destinations the imposition Of economy up.
this taxing, borrowing, squandeng gold hating, pa
per loving Administration; and by restoring, as
possible, the reign of Democracy, economy, ,and
hard money.
The disress still the Distress Distress, still the sta.
pie ofa the Wing speeches made hero, and ofall the
Cabinet reports which come down TO US. Distress is
the staple of the whole. 'MoeY is their only wear"
Why sir have heard about that distress before; and
lam almost tempted to interrupt gentlemen in the midst
ofther pathetic rehearsas as the Vicar of Wakefield in
terrupled Jenknson in the prison. when he began a-
gain the same learned dissertation upon the cosmogony
or creation ofthe world and gave him the samo quotae
tons from Sanconathan, Mahaho, Berosus, and Luz
canus OceIlus with which he entertained the good old
Vicar at ihe fair while cheating him out of Blackberry,
aGer having cheated Moses out ofthe COLT. Youknow
the incident, said Mr., B. addressing himself TO Mr..
Archer, who was nodding recognition you remember
the incident and know tho Vicar begged pardon for
nterrupng SO much learning, with the declaration Cf
his belief lhahe had the honor to hear all before. In
like manner, am almost tempted TO stop gentlemen
with pardon for lnlerrupting so much distress, and
declaring my belief that have heard it all before. Cer-
tain is that for ten years past have been accustom
ed tu hear the distress orations this floor; and for
twenty-five years have been accustomed to dis
tress in country; but never have seen it, or heard
Of it, that it did not issue from the notorious foun
tain--THE MONIED CORPORATlONS-headed &
conducted by the Juggernaut of Federal adoraon The
Bidde Bank of the United Statesl have this dis
tress for two and twenty years; first from 1919 to Is
26. then againin -'34-'37-'39 and see some
thing oft now. The Bank of the United States com'
menced the distress in 1919, and gave season Of ca,
lamity which lasted long as ono of The seven years
plaques Egypt. 1t was soven years agony; but at
that time distress not the obec, but only tho effect
other crimes and folies. In 1882 she renewed The
distress object per and propr ss to force re-
newa oil her charter. In 1884 she entered upon it
WIFI he" FlSuJ s."lh Fust q" "iA'
scale-and all her orces-to coerce a restora.
tion Of the deposites which the patriot President had
saved by taking from her. In 1887 she headed the
conspiracy for the general suspension and accomplish
ed il by the aid ofthe depese Distribution act for the
purpose Ofcoverng lp and hiding her own insolvency
in general catastrophe and making the fna agoni'
zng. death struggle, to clutch the recharter. In 1889
she forced the second suspension, (which took place
all south and west of New York) and endeavOred to
force all North and East of that place, and make it u-
nivesal IN order to conceal her own impending banks
ruptcy. She failed in the universally of this second
suspension only for want Of the means and power
which the Government depostes would have given her.
She succeeded, with her limited means, and in her
crippled condition. over threelourhs Of the Union and
now the only distress felt is I'M the places which have
fsther power-in the parts of the country which she
has regulated-and arises from the institutions which
have followed her lead-obeyed hcr impulse-mitated
her exampe-and now keep up, for their own account
the distress oC which they were nothing but the vca
Eous agents in the beginning. Sir there has been no
distress since 1919 which did moi come from the MON
EYED CORPORATIONS, & since 1882 all the dis.
iress which we have seen has been Fictitious and fac
tious-conIrived ofpurpoSe made to order, promuga'
ted upon edic-apd spread the people, in order to
excite dscontentS against the Administration, to