The Evansville journal. (Evansville, Ind.) 1834-184?, 1844-10-24
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1t requires those of US who lave been op-
posed to an assumption of state debts on the
part ofthe national govermnent-debis, main
Nv incurred from a generous and praisewor-
thy desire on the part 0 fthe debtor statessto
improve their condition and develope their
resources-to advocate the assumption OF
an unlimited foreign debt-probably exceed
ing S50,00o,O00, and which cannot fall short
of $50, 5000, as well as vastly toincEeass It
by engaging in a war of aggression and SON.
quest.
Asthe new platform has become so naF-
row that it will hold only out ana out free
traders,-the advocates of Texas. national
dishonor, disunion, &C., am free 10 admit
that claim no sympathy with such demOc-
racy.
L have opposed from The outset ihatpcl~-
cy which had for its object the desnuction
of The currency of our State. FORE
saw that such a state Of things would create
embarrassment and confusion in our mones
tary affairs. and place US in a situation Of
dependence upon the legislation Of neigh
boring states-a position wholly unworthy
The honor and dignity of the great State Of
Ohio.
l am aware that a large majority Of both
parties in Ohio are in favor cfa mixed cur
rency of specie and bank paper, convertible
at the will offbe holder. But the leaders of
the democratic party in Ohio have willed It
otherwise, andthe destruction ofall banks has
HOW become one of the tests by which the
orthodoxy of the adherenis Of that party is
Itned.
Whatever may be the merits of an exclus
siye specie circulation, tits wholly impossible
to reduce it to practice. Our own paper may
be driven out of circulation by unwise and
Iinjudicious legislation. zs it has been, Eut will
specie flow in to supply its place, or will not
rather the circulation. of ~neighborins states
come in 10 fill the void? The question is Wiz
tually this, whether we shall have banks cre-
ated by our own representatives. or be
flooded with the paper of the banks of neigh
ibofing states, over which we can exercise no
ilcontrol. I am satisfied that the people of
Ohio will repudiate these false notions which
are attempted TO be forced upon them by
party drill
How can Ohio prosper and fully deselope )
her great resource without the aid and en-
couragement which her citizens would have
fom a wise and just system of banking?I II
is folly, itappeafs to me for the largest ex.
porting state(in the value of its agricultural
products)embracing a systenefinternal cons
lImsrce of uneaualled extent, and consisting
mostly of canals which have been construc~
] ted with an immense expenditure Of money,
tor which the state is now indebt, 10 expect
that she will long remain in a system of vas-
: salage and dependence for her currency up-
on foreign Legislation, THE n~eighboring
r states are our rivals in m and pro-
; duction. A paper circulation is interviewer
] in the very framework of commerce, and our
? citizens cannot successfully compete with
T those of other states without this aid. Isit
T wise then 10 force our commercial, manu-
, featuring, and agricultural industry into an
! unequal competition with the agricultural
: and manufacturing industry of other states2
1t aVil not be permitted.
Iconsider the present and permanentpros-
7 perity of the country identified with the pres
~ervation of the tariff policy, and cannot
y vote for Mr.. Polk who is a free trader. He
! says to the people OF Tennessee, i'll a letter
D dated June, 1913, that ThGre at all times
opposed the PROTECTIVE policy" And again.
. Il am opposed to The act Of 1912, not re-
. garding It to be a reUenue tdr1 +, but in zlday
2 0 its provisions highly protective and op.
: preSsire."
kneed not go into an examination of this
! subject. The late discussions which have
been elected on the tariff question have re-
J. suited in a complete and through vindie-
;. alton OF The protective policy
l look upon that policy-of which sIr.
J. Polk Justly says thatM Mr.. Clay is the father
e as truly National and american, and ]
If hope 10 see the time when the question viii
r not be mingled up with party politics, and
0 when the people of this country will be as
strongly attached to the protection Of Amer
n lean, Industry as they now are TO the Ptotec-
n ton of the national honor.
d On the subjest of The Annexation ofTexas,
with her uar NTH Merico-her aIaues-and
her de6ts-tbe wing party occupy noble and
patriotic ground. | look upon it as the most
important issue, incl lis consequences pres
g emf and future, in the present political con-
~troversy. This measure is as infamous III It's
origin, as il is in the objects il seeks TO ec-
complish. To deprive a friendly nation Of q
, portion ofits teritory-to violate withoufp pro-
vocasion the treaty stipulations which we
d have solemnly undertaken-to TO stain our name
with dishonof, and commence a war Of ag-
d erosion, are measures which if Ieoald ap.
proved should be unworthy of the name of an
e American citizen. All this is and has been
attempted for the two fold object OF aiding
the fortunes of as desperate a set of political
adventures as ever obtained power in any
government, and to strengthen and perpstu-
ate The slave power.