Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1843-08-19

= Il wSsSded tho icspire. and cur na.iop
ne bToughi 10 the fhresbnold Of ruin. ~
n the ef1eci or non-credit system Bot
s would more particularly point out 4
n, evils, by showing The situation Of q poo
al young man who just comes on 10 ib
~ stage or action, with a vigorous mind, am
j. bonynDt hopes &c comes fresh from 10
r. scenes Of boyhood, snyeTsed 10 ihs scieoc
I of money making he looks about &
4 oesery some business, whereby be may b
I able 10 sustain himself with decency; aDC
+. as Mr. Soeb-an-oDe lwho commenced
70 life under the credit SYSTEM made money
n so tie expects TO make ii, and like him
d soon become rich and Independent. Bul
) alas, mistaken youth Howfalacious are
lal his expectations He finds every
s Iopeuing closed His brillian, aniicipations
a are utterly blasted He beholds starva-
5 lion with bis liaggard cheeks, staring him
5 in The facei In order 10 console himself
r be looks onward for better times; but ahi
: they grow still worse aud worse, until he
cones to ibe painful conclusion that he
ND drag Out life OF penury and want
. Then il is mefhinks hear him in the
} language OF the vulgar crying out +:
damn the non-credit system" In vain
may its yotaries tell him that il is for his
eouniry's good hereafter! In vain may
they expaiiate upon the evils Of The cred
'it system! In vain may they lavish soph-
1isiry 10 move him from his position His
deductions are made from sad experienced
truths, and the enlightened wisdom Of
the age can't alter his conclusion. He
will not believe the hummery, that TO
ruin his or his country's credit Ito bring
them down TO utter penury and want
and withhold the means of ever doing
better, speaks much for his or his coun-
try's prosperity hereafter. The further
est from il possible. He is placed in sill
aution to realize the true state Of affai rs
Without money or credit without employ
mcnt whereby he might earn even a scanty
support; no one will favor him with means
or even their name, 10 set him up in BUSH
ness; SOLITARY and alone," he must buffit
amidst the storms Of life, while his coun-
try's whole extent is ''eloquent with wo."
Like being hob|ed hand and foot q nd for
ced TO make journey; The means are all
taken from him, and he compelled TO make
his own living. Under this situation he
casts glance back TO the days Of 80 g.
3-4-5 and 6. lie remembers that young
men as destitute as himself, commenced
LIE, and from good use OF the facilities
thrown around them under the then cxis-
ting system Of Government, soon began
to prosper and while il continued, bid fair
TO accumulate Handsome fortune. He
that his country bore signs OF
Although some made but
bad use of the times, peace and pIosper-
ty universally prevailed. Instead of dai-
ly Witnessing his neIghbors property sold
for one third its cost; he saw them daily h
purchasing lands and negroes strength 5
eninng their forces; increasing The amount Z
of their crops--erecting fine buildings i
telling the proud oaks Of the forest, and i
evincing TO the world, by every step, that !
Americas sons were in truly prosper /
Gus condition. All these things he re- Il
and his soul is bowed down I'M i
der the weight its Affections. c
Now reader, with him reflect for mo- C
ment on the times OF the past; contrast Il
them with The present, and attribute the p
difference to the proper cause, and you r.
will him come irresistibly 10 the n
same conclusion. With him you will at ej
tribute the present direful calamity that n
'verspread our country, TO the destruction h
IF Public Credit. You will follow up Sc
This train ofthought, until you determine, tr
hat nothing could be more sure to ruin W
he peace, and darken the glory OF ma Ii
ion than the destruction Of Public Credit 70
For with it falls private confidence, and 81
when this is the case no land or nation al
AN prosper for any length OF time. Pub vi
&c credit is as necessary TO keep in mo- so
ION the wheels Of Government, as the til
TO keep in motion the wheels of
! clock-unless this is restored, we will b.
witness no better but worse times, until sy
lnally we witness our country's over da
hrow. As nation what can we anti re
ipaie as individuals what is too horrible ar
or US 10 expect. Public credit is the oh
sine qua nom Of nation, for evidence N,
eier you to the sleeping chronicles Of the Al
them and let them testify. flu
But after all we have witnessed as the
vii consequences Of q non-credit systems;
here are those who persist in It's coniinu-
ton; and sorry ami 10 say. that many
# The poor sufferers are most camorous re
. its defence. Inconsistency! ne
Often have heard fromthe lips Of poo mt
nen this remark; that "credit system, ".
ave those willy SPECTATORS too great ris
wing at the peoples money"-What is an
ow the case? The people have no money, III,
nd those ,cily Spectators make their an
ok by attending Sheriff Sales, &c. &c. ty,
Which is the greatesteviI? were 10 hear an
ich logic from monied man, would
i that down as consistent; but poor man ma
nrifhea hold thy innrna. Thou ari ,nn w