The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-02-05
From the Old School Republican.
THE EXCLUSIyES-THE SIMON PURES

We are amused in looking over our exchange pa
pers to how the exclusive metallic currency"
men-the :" hard money men-the constitutional
currency men-the I" Benton mint Drop. men, &c.
&c. Sc, hop about like parched peas. Take them at
their word and say that they are opposed to paper for
circulation, they pronounce it base SANDER and
declare themselves in favor of "paper which would
become legal tender" Oppose an irresponsible
shinpaster currency, and advocate paper circula-
ton, always convertible into gold and silver at the
will of the holder, at once you are charged with be-
ing in favor Of the " rascaly swindling shops'-you
are a rag baron Oppose immediate resumption as
impolitic and unwse because oppressive to the peo
pe-subjecting them to loss and flooding Ohio with
the worthless rags of the neighborng Statesyou
instantly charged with being sold to slave to the
banks" We extract the following pieces upon the
important subject of the currency the one from the
Kentucky Yeoman, and the other from the Ohio
Statesman. We spake as unto icise men, Judge ye"
i hope your people will claim and enforce their
rights under the compact with the banks. Is the regu
lation of currency national attribute' If it be-
the Federal or State legislature delegate it, My
opinion is that Congress alone possesses it, and the
Constitution has limited it to gold and silver; land
the Constitution has limited it gold and silrer) and that
Congress no more transfer it to bank corpora
ton, than the power over commerce could be dele
gated to chamber Of commerce at Boston.
Accept my sincere wishes for your individual hap
piness and prosperity.
JOHN NJ HEWITT.
Messrs. w. r. Willis, w. A. Hove and Ludwell
Evans, Harrodsburg, Kentucky.
The New york. Era adds, " the money of the BIS
bic" to the money or the Constitution" We pre-
sumo no one doubts, but what the Constitution was
founded on the pure principles taught in the Bible;
and of course there is similarity of sentiment,
breathing through both, for the good and glory of
man. But what must be thought of those nfdel-
who advocate both unconstitutional and unscrip-
tural currency We leave such mems consciences,
if they have any, to their own keeping Statesman.
The Money Of The Bibie.-Ancient records inform
us that gold and silver, by weight were used in buy
ing and selling Genesis XIII 16-"And Abraham
hearkened unto Ephron and Abraham weighed to
Ephron the silver, which he had named in the audi
ence of the of Heth, four hundred shekes of
silver, current money with the merchants Gold
and silver was, it will be seen according to Scripture
authority, at the time spoken Of, the common medium
of exchange and the common standard of value. No
promises to pay" in those days
The money Of the Consitution--The Constitution
of the United States, art |, Sec 10 says f" No State
shall coin money, emit bills of credit, or make any
thing but gold and silver a tender in payment of
debts" This is what the Constitution promulgates
and we are in favor of the constitutional currency
We prefer currency by which we can pay our debts
throughout the world, subject neither to the cupidty
of incorporate bankers, or the schemes of currency
thinkers. That currency is gold and silver-solid no
huctuating specie-a currency which moth cannot
corrupt, and Of which would have plenty for all
practical purposes of circulation and exchange, were
it not for our redundant and worthless paper money