, 1843-01-07
From The Philadelphia Evening Journal.

- ." N'eh
=. money On the exchange, wha, to
pIce IS so much discussed as money
: but there it is natural and appropri
= a'e, tor money is the vehicle of al
> irade-the medium of exchange. ant
none q purchase without money
bnt 60 10 the Tabernacle, still III,
!. subject is money. "a collection viii
. I've taken up" Attend a lecture. still
the subject is "moncyi!' Open the
: reports of legislative bodies-ant
what topic occupies 4 space so large
rs that Of money! Tie Governor
I, sends message I the Legislature.
and what is lis import but money,
leruse the message o! the Pres dent.
and what subjec,i is most prominent
that of money!
Yet some visionary philosophers
have commended that a country would
be equally prosperous. if all money
were anhihilated! As the Scotch
sav--"A'th the fools are not dead vet
David Hume thought money OF
very little value. He says: THO
gre31rnumber Of people, and their
greater:ndnsiry. are ,~sery!ceab!c in
all cases; at home aad ahfbad, in pri-
vate and in public. But the greater
plea'y of money is vcGy lini,ed in
us U.s., and may yea sometimes be
loss To 4 milton in lis commerce
with foreigners" He speaks of the
comparative quantity OF money only.
ali other countries think more of
industry. trhde and population. than
We DO. They think less of money
we think more. They look 10 the
fist and onginai clements of wealth
with most attention-thal is. industry
ami manuiaclures-ccffain that mo
neY will always follow in their track
we hook first to money, and then
begin 10 project scicmcs of industry
and spccuiaI!on--,ha error OF new
people.
TIE recen; message Of tie Prcs;-
dentof he United States, is full of
money schemes. he represents the
credit Of the country as biasiec-re-
cJmmends 4 moderate Tariff, whose
income must presumpiive.y be made
quate to meet the expenses Of Gov
cgnmcn!--statcS he abprlive efforts
Of Government agents 10 obtain mo-
ney on loan in Europe. and rccom-
mends an "Exchsquer System," By
whose issues If paper money The
Treasury may be ~rcplcnisIied ten mil
i:"ns IT dollars, without charge or
expense.
Let Us look at t'esc facts with tie
and imPartii eye Of common
Sc 81, for all ot..cr views are deep
!
Wedespatched an agent 10 Europe /
10 borrow money 10 pay the ordina- Il,
~ expenses Of young. free ani Re 5
Government. having an ex- r
.eni OF territory and mass Of wealth r
rot exceeded by any nation in the a
world, except Great Britain. In wha, O
degrading attitude DO We not ap- .
,ear, in thrs sappl;cat;nL for L loan Il
. pay common domestic cXren- [
Was not the very position cal a
III itself 10 bias; or credit, s.
sd even thu States Of the Union not Il
cen indebted one dollar to Europe? "
n { lime of profound peace, with a ei
heap Republican government not a 81
lie to pay our daily expenses with W
Mt having recourse to borrowings Il
his is not tic custom in Europe cl
here they support governments by te
npostS and taxation. Is il any Won N
er they would not trust 4 Govern c;
Ient ihat has not the sagaci,y, or ei
or;h courage. or political virtue. to ar
lpose Il tariff! commensurate 10 The VI
expenses Of her Govern tn
ent? The very application was a to
-oof of our incapacIty to pay the "
lot which we thus attempted TO ih
,n!ract; for. If able to pay 4 small m,
.bt, VIC should be able now to raise in.
C money. without reSorting to he
an, which must end in a large debt. bu
In this country, we all want the TT
of government without the w
y nse Of maintaining it. We all a
ant a full treasury. but without any mi
,rden Of taxation. We all want | c
enty OF money, but turn with aver, a |
N from the task of labor. We all tht
mt prosperity, abundance, luxury; ma
I we all abuse them when in pos. pa
N. SO as to drive them from us be- me
nd the power of recall. Never RET
we are p~erpetnaily chang a
:. and always change from good to mi
j, and from bad TO worse. THIS 10
rejection of old establish An
.ats for new schemes, and the ex- a I
flio. -