Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1843-04-21

towns, havo been reached IN succession by the
pervadng and all desolating tempest. The States
OF the Union, all, without exception, siraitened in
means or impaired in credit some on the verge
OF NEUTRALITY-SUSPICIOUS. sunk in the abyss OF repu.
diation and to crown all, the Federal Govern
nlent ITSELF the main contriver Of all these woes,
exposed to the unspeakabIe shame Of being driv-
en-, as not trustworthy, from the money markets of
the world, and often only able TO get along by
forcing its bills Of credit on unwilling creditors
completes the doporable picture OF the conse
quences Of ignorant and wicked misrule.
Under the auspices of the lamented Harrison,
the confidence was INDUCED that the Government
would be more put upon the old tnck--its
pristine integrity vindlcated anew the policy un-
der which the country had so long and greatly
fourished he restored, and with it tiiose good old
times that had been recklessly sacrificed 10 new
aud fatal experiments why have these cherish
ell hopes been Disappointed Why have These
promised blessings not been realized? The an
swer is easy and obvious. The restoration TO It's
ancient policy which the nation had decreed and
irom which alone a return OF prosperity was ex-
pected, has never taken place. Why, is familiar
to ALL Death cut off the appointed instrument of
this Reform, when he had but Just lived long
enough to confirm the nations confidence, aud
give assurance Of The faithful iuldlmun Of the nu-
TONS hopes. How bitter the disappointment Of
these hopes - how fatal 10 his country how sui
cdnl to hiInsef-the betrayal OF like confidence
by n successor, whose conscience, sleeping while
its revelations might have hndered preirrmont,
woke (place and umoumeni once secure) only TO
cohiound his friends IN the midst of victory, and
give succor 10 his enemies in The moment OF de-
ieat-we orhear TO discuss
mo lhbored augmentation is required At this day
10 satisfy you that the existence al national pros
pery rests upon "uaonal currency Of equal
value credit and use, wherever it may circulate"
Tint your currency is The measure Of value nf all
Ill trnis & L..
sIness-nnd that commerce, foreign and domestic,
depends upon it, none will deny. LIS functions
have been beautifully compared TO illnse of The
blood IN the human frame 1t is the pfimun mo
QUE, the source of life to the whole system. when
howlng IN sound aud beautiful condition, through
Its channels, the whole community. from the nIarls
OF commerce 10 the fields Of humjle labor onck-
ems under its inn ulses, and blossoms MS the rose"
WIN prosperity. When it becomes diseased, blight
ahd rum and dissolution pervado the land. Every
irfeguhrhy or obstruction in It's action, is felt in
the reinoesi extreuiliies of The country. 1t must
MOI only be- sound in condition. and sufficient IN
quantity but regular in lis flow to supply the
wants OF The country. You cannot look through
The borders OF your country and doubt on This sub.
Jeci' Few years since, you possessed sound
ana regulated currency, aud you pro 'pered above
all the nations of the earth, until YOU became Il
proverb among them That blessing YOU have
lost, aud now your dslrrsses ate be, ond much
'"hitI eHuhIuHCe on 40 not doubt YOu know
that until you have sound and well regulated
currency. you rannot he Irospering people, and
you are earnestly desiring and seeking IT'S restora-
lon. The wants aud necessities Of the Govern
ment, which are subordinate to ours, also require
II.
The Wing party, adherng to principles which
were the guides OF the most illuslrlous men OF our
country, maintain that the Federal Government, is
endowed with the control over the currency with
the power to crene und TO regulate il--and is hound
10 exercise ", IN such manner as will ensure TO the
people o! this UniOr one ''of equal value, credit
ana use, Wherever it may circulate. The accii.
huated experience OF our national existence de-
monsira'es the facts, that The power TO regulate our
currency exists only in the Federal Government
and that lis failure 10 exercise is followed bv the
most disas rous consequences.
Inc wing party now, rs in 1910, advocates tho
creation by Congress of n National institution
which viii he liable to no well founded objection
ana winch, while it will give you sound and well
currency, by acting in harmony with,
and perfectng, our present incomplete and inefi-
cIent system OF currency, will be constituted the
agent Tor The collection, safe keeping aud disblrs-
ing OF the public revenue AN agent, which will
not exercise covert, and dangerous, il not des-
UucuVe, influence over your Suite Institutions
nor increase the already overgrown power of The
ExecuIive-nor expose your Treasury to be phln.
dered by the corfupt-uor leave you TO endure The
evils OF an unsound currency, while il secures to
your Government and its officials sound one
THUS stands the Issue between tie pariies and
1t Is ready for your decision THAT decision you
must make. We do not aud will not, appeal to
any pnssion or prejudice, TO influence you in our
behalf. We feel too deeply The magnitude of the
SUBJECT, ana the consequences ot your declsoG.--
IL Is Il question ct solemn importance, in the con-
slderallon of which, you should rise above the in
huences OF party, and regard it in It's true charac-
ter, as one Of governmental power aud pocy-in
deciding which you control the deslinles OF this
nation, long utter the present political parties will
have passed away.
u, in your calm and deliberate Judgments you
believe that national and Individual prosperity can
exist without sound and uniform rnrrcncy-ir
you believe that it il is NOT the duty of your Gov
TO supply and to regulate such II rurrru-
cy-if you desire to behold The destruction OF yonr
State banks, and of that system of credit, whirl,
has opened The visas oil allluence aud OF dslinc-
ion 10 the humbiest individuals IN our country
II you are wiling IN ind lower deplli in that
deep OF natInnal distress, into which you have
sunk-you have only 10 throw yourself into the
arms OF the Demo :rac party and 10 sus ain their
financial projects.
If, however you feel the necessity of having
sound currency--ii you would preserve your State
institutions and your credit system il YOU be-
iIeYe That your Government is bound to supply ami
10 regulate your currency, and should do 10y
The creation of 20 ne system, which will not des-
troy, bur will harmonZe with aud remedy The de-
iects OF your present system of currency-Iierehy
ehabling You once more 10 pursue with successful
industry the occupations OF life, without fear of
having the fruits of your labors swept from You
in moment without fanli-if you desire a cuu-
tInuance OF thar policy which governed your Wash.
lDgtons, your Jetfersons and your Mahsons, and
mnde This Union what IL has been, you will sustain
the Wing purity, who advocate that policy, and
propose the only means by which, Judging from
eNUeripnrp tIOsp liz h,,
From the New York American.
PARTY SLANG We commend to special aten.
Iion AS worthy Of consideration in his meridian