The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1845-06-20


issue which allow one set of men to make
the money and issue ito coin ii of value
less materials and then lend it-much or.lit
tie to whom they please, with no efficient
check Even the aristocratic governments
Of France and England have begun to spurn
at this demoralizing system, aud to oscorn its
infamous gains. When it was proposed TO
place the sthsusand Banks, of the Union in
the hands of the lawyers, to make fortunes
out of their rottenness, through the bankrupt
law, Mr.. Calhoun resisted the attempt to in
crease executive and Judicial patronage, and
impair the obligation of contracts, as a mea-
sure which would not remedy the evil com
planned of, but add greatly to the public dis
tress. What have million of creditors
gained by the bankrupt law. What would
not million of them have lost had lawyers
had the cutting of the rotten Banks whole
sale?
Mr.. Calhoun was not slow in perceiving
the necessity of an efficient check on the
selfshness of interested, avaricious, or ambi-
tious men, or bodie corporate-the United
States Bank might have shown that-and,
unlike Henry Clay, he wisely clngs to the
veto of an upright and intelligent chief
magistrate, the peoples choice, and respon-
sibe to them for his every act.
have often regretted that artful, design
ing men, were successful in sowing dissens-
ion between Messrs. Jackson, Calhoun, and
Duane, three of the noblest scions Of an Irish
liberty-oving stock whom fate seemed to
have ordained TO act together in the land of
the free, for the purpose of shaning, if it
were possible, the titled and mitfsd oppres-
sors of the country of their sres, by wise
and prosperous administration of American
afTairs X u Il
Duane and Calhoun were the first to
uage divorce of the government from that
rotten and corrupt connexion with the banks
which has proved the ruin of many thousands
of the people. The Congress were for emp
tying the peoples pockets into their grand
reservoir of official robbery, the big bank in
Phiadelphia--others were for doing ditto
into their 400 reservoirs of favourite political
partizan leagued banks-Mr. Calhoun and
the Jeffersonian state rights men went for
economical governments, moderate taxation,
payable in gold and silver into the treasury,
and from thence to be applied to public pur-
poses, receiving no bank notes and trusting
no bankers 70: Treasurers of this Union.
II II
When the State and United States Banks
s,opt payment, Mr.. Wright proposed a sub
treasury scheme, by which bank notes and
not money could have been paid in for du-
ties and lands-Mr. Calhoun exposed, and
the Senate abandoned it.. His efforts in
1889 and 40, TO cut off the executive pa
tronage derived through the public lands
within the limits of the several states, dimi-
nish the business of Congress, shorten its
sessions, enlist the governments of the new
states on the side of that of the Union, and
withdraw unsold lands from the pres dental
game, was wise and polite, and will, it is
hoped, be yet successful. And the bold
stand he took against Mr. Mangum's propo-
sal on the 4th of January, lS4l, to exclude
all aliens from the right of preemption as set
did not forget the old times. 1t was plea
SAINT to see Irishmen defended OH the floor
of the Senate against all the eloqusnce ol
Henry Clay, who went for exclusion, by two
Irish farmers sons, Calhoun and Buchanan
Mr. Calhoun is blameless in private life,
frank and cordial in his manners-has no
cautious reserve, no mystery, no dissmula-
ton about him. What he thinks he says
sincerity is the first of virtues, and who is
more truthful and straightforward than Mr..
Calhoun? When did he seek to shun re-
sponsibility-when was he found sailing with
the popular current, unless it went with his
principles and feelings? He has never
sought sffice for its emoluments-ncver
striven to enrich himself or his political
friends with the public spoil.
There is one point on which
have not yet touched-iSouthern Slarery
The northern states have gradually abolished
slavery, but it was of their own free will, and
not by dictation. They came into the
Union, reserving the question of slavery TO
the people of the several states, who are, of
course, the most interested-and what are
the several states TO do with it? 1t is easy
for us here in the north TO say "abolish
slavery" The Southener asks" What
shall we do with our negroes? If we give
them education, and refuse them the rights,
social and civil, which we ourselves possess,
we will increase their power to injure us,
and aid the common enemy from without, in
any future difficulty--even in the north they
are nowhere placed on social equality with
the intelligent whtes--rarely on political
equality. If it is difficult in the north for
the intelligence even of white men to with
stand the interested monopolies that threaten
TO upset republican Institutions, what would
be the results in the South were three mil
lions of negroes, placed in power, led by
artful, civil and religious leaders,? Who can
wish it9 Or if we free the negroes and set