The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-08-20
THE CIRCULATING MEDvyrM


Give them Ohe working cIasses.) an honest
government. freedom frou, monopolies and privi
legged classes, Hard Money, not Paper. currency
Tor their labor, and all will he well."-Jackson's
Last Words To the American People
sincerely believe that banking insiiu lions
are more dangerous Than standing armies" 1T.
Jefferson To John Taylor of Caroline
Z" II will he in vain To talk of public credit, IN.
til we return to the pure. unmixed circulation of
standard GOld and Silver. "-Juhn Adams To Col
Jnseph Ward. Oct. %. 1909
al AM NOT A BANK MAN; once in nv
life was. and then they cheated me out of every
dollar placed III their hands. Gen Harrisun's
speech at Dayton. Ohio
g never heard. and hope shall ne Ter hear
any serious mention Of a paper currency in the
State. | do verify believe the creates, foes we
ever had in the world could not devise more
efteclnal plan of running Virginia. "-George
Washington
% cannot but lament from my inmost soul tina,
lust fnr raper money which appears in some parts
ut the Uulred States. There will never be any
uniform rule if there is sense of Justice, nor any
clear credit, public ar private, nor any settled
confidence IN public men or measures, until paper
money is done away."-Juhn Adams to John
Jay. in 1856.
ouch were the opinions of the most eminent
statesmen, and the hest of men this or any other
country ever produced. And well might they
express such opinions. as their knowledge was
above that of ordinary men, and with far seeing
eye could distinctly trace the course that would
he pursued by the grasping and avaricous money
broker and his satellites. They knew this happy
country would he the prey of vampires that would
seek the hearts hlood of The poor and death
working mechanic and labnrer, to fill their Golfers.
that they might revel in spendnr and we canno,
to" often place before them the caption 10 this anti
cle' which should ever he hefure their eyes. as an
in centive TO use all their honest means to defeat
all chartered monopolies. that have not the full and
Immediate good of the people at heart
We dare say nothing about the management
OF the War in Mexico, by our Administration.
lest it should be attributed to hostility To il. We
have believed the policy to be wrong which ex
changed the well tried and acclimaed ironps Of
The Valley of the Mississippi. for those of the
middle and northern States. The motives and
objects which induced the Government to refuse
the services of those troops, called into the service
by Gen. Gaines, because they inierfered with ar.
engagements made two thousand miles from the
seat of war will, hereafter be important subjects
ofinvestigaon, and they will he thoroughly sified.
and react for great glory, terrible evil upon the
prime movers.
Ia reference to the late discharge of the Vol.
nnteers, we find the following letter from Gen.
Taylor in the Union, which was addressed, we
presume, to the Secretary of War, and warrants
in measure, the action of that Department, in
ordering their disbandment.
MATAMoRAs, July 16, 1916.
DIR In my communication of July Ist I
stated that the Volunteers from Louisiana and
Texas, raised in pursuance of my original call
and Of the acquisitions of Major General Gaines,
had heen mns,rred for six months and doubtless
considered themselves bound for that period. =
Such was my Impression, and il was. | believe. a
correct one at the time. IL seems, however, that
The question has been started among the Lonisi
ana Volunteers, perhaps by mischevous persons.
whether they can he held for longer term than
three months; and at the request of Brigadier
General Smith, now have the honor to submit
The question to The highest authority General
Smlth contends that they may be retained and,
to do justice Ia his argument, | encnse herewith
his communication on the subject. My own view
certainly is that they cannot be legally held after
the expiration Of three months service bat at
any rate. should deem it highly impulilic to
keep them against their will, except with the
law clearly in favor Of such retention. | shall
therefore order The discharge and muster out of
service any regiments that may claim it at The
expiration of the three months service. | do
this more readily as | shall som have more
twelve months volunteers than | can possibly
provide transportation for into the interior of the
country.
am, sir, very respectfully,