Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1843-12-29

will receive Wheat, Pork, Beef, beesWaX, Iouitly
&C. at the highest market price, in payment ofdebts
due this Office. Those who neglect to avail them
selves Of this offer, may expect an early demand OF
the cash. We MUST pay oUn debts, and to enable
us to do this, Others must pay us. We have come
to the conclusion that we cannot live on wind and
determined to try it no longer.
PREslDENr's MEssAsr.-Th Message Of
President Tyler, which we publish to-day. is
worthy the attentive perusal of every Ameri-
can. II is brief, and 10 the point, on every
subject touched upon, and breathes throughout
spirit purely American. We were not pre-
pared for the reception of such Message
from one who was SO lately the recipient of
the advice cf such men as were called around
him.
We shall no, par,icularize the various sub
iects to which the attention of Congress is
called, but upon one subject he is SO candid.
that we would cite the eye Of the reader to the
clincher put upon wing schemes of specula-
ton, by the increase, not Of banking capital,
but bank issues. He says:
"The delusion incident to an enormously
excessive paper currency, which gave ticil-
,ous value to every thing, and stimulated adj
venture and speculation to an extravagant ex-
tent, has been happily succeeded by the sub
s.i.ntion- of the precious metals and paper
promptly redeemabIe in specie, and thus false
values have disappeared, and sounder condl.
ton of things has been introduced"
There was time, no, five years past, when
thousands of honest and candid were Of opin-
ion that there was not sufficiency of The pre-
cious metals for the transaction Of the BUSH
ness Of the country, and that our prosperity
depended mainly upon an increase Of circufa-
ton, by the issue Of three dollars 10 bank pa
per for every dollar in their vaults. 1t is true
that much Inconvenience is experienced in trade
in consequence Of an unequal distribution of
the precious metals, in different sec!ioni, but
no benefit has ever been led from sub.
sti,uton of paper money, which has rot been
more than counterbalanced by attendant evils.
An excessive issue Of paper money certainly
adds to the current value of every thing, so
the less percepiive part of community, when
they get an increased price for their trade or
their labor, through bank issues, imagine that
affairs are in better condition than they would
be, were the circulation of the country conf.
ned to the amount Of its precious METALS
When the delosion is broken, and they see
and reflect that in the expenditure Of this mo-
ney they have to pay price for that which
they purchase equally as much higher, they
must come 10 the conclusion that the seeming
prosperity created by bank issues, is all swan
i,y and sexation Of spirit
II has become so customary of late years,
for banks to issue beyond the possibility of re-
demption, suspend specie payments, pu, their
means in the hands of secret agents for the
purchase of their notes at heavy discount,
and, after getting in the principal amount Of
their circulation, to resume specie payments,
that thousands who were once favorable to the
present system Of banking, have renounced it
forever.
FROM WAsHlNGroN.-Tbings 90 on beau,i-
fully at Washington. The storm that was
anticipated, the opposition Of the wings TO the
admission Of the members Of the House from
States elec.ing by general ticket, having blow
ed over, without damage, everything is going
on smoothly. For months past, seversl apos-
tate Democratic editors in the United States,
writhing under the lash of the editor of the
Globe, set themselves against him, using ev-
cry effort to prevent the election Of Blair &
Rives, its publishers. as printers 20 the House
staunch, unwavering Democracy of the House
were not 10 be swayed by traitors, 10 the in
jury Of true and tried friend of the cause,
and npon the first ballot, elected Blair & Rives
by vote two to one-viz: For Blair g. Rives,
l24-For Gales & Seaton, 62. On Wednes-
day, the third day Of the session, elected Cal.
CD. M'Nuliy, Of Ohio, Chief Clerk, by
majority Of So over Mathew st. Clair Clark,
the old wing Clerk. DR.. Lane, Of Kentucky,
was elected Sergeant-a-Arms, and Jesse f.
Dow, Of the District Of Columbia. Doorkeep-
er. All Democratic to the core.
No sooner could Mr.. Adams be heard. than
he renewed his old motion for striking out that
rule which prohibits the reception and consid-
Grafton Of abolition petitions. His motion,
however, was negatived by majority Of five
or six.
A correspondent Of the Richmond Enqui-
rer gives the following gratifying intelligence:
1.-The prospects are brigh and brighten
4 4.
few weeks. The signs point strongly to
the Withdrawal of MIR. Calhoun by his
friends previous to May, and they will act