Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1847-02-04
VOL. XII, NO. 12.---WHOLE NO. 2lO3.

be swallowed more easily, without so much
as a chance for one poor pick of resistance.
This country is decidedly the asylum for the
poor man. The climate, the quality and
cheapness of the soil, and the ease with
which ne can procure all the necessaries and
many OF the Injuries of life, rendering it a
most desirable resort, to which thousands
from all parts of the world are every year
fastening. 1t is not the rich man who
comes here, but the man in moderate cir
cumstances and the poor, whose little all
does but suffice to get him here, buy him
little piece of land, and erect on it cab
in for the shelter of his wife and babes,
while he can cast about him and make his
beginning in life. With a short credit
to the merchant and others, till he can make
a beginning and raise him crop of wheat
to turn off and buy his necessaries, there is
no difficulty in his succeeding in his little
enterprise, and rearing up for himself pleas
ant home in this land of his adoption. Now
all agree that it will be difficult for him to
obtain this.credit after the adjustment of
the laws for the collection fdebt, and hence
the friends of the exemption step forward
with a remedy in the shape of system of
mortgages, that is inconcievably more bum
Cling in its operation, and more grinding to
the face of him whom it proposes to help,
than anything that can well be conceived of
They propose that when the farmer wishes
to open credit with his neighbor, he shall
come forward with mortgage of his farm,
or part of his farm, and on the strength of
this mortgage, obtain his desired credit to
the amount of hundred or two of dollars.
Here is opened chance for benefttlng the
poor man with a vengeance Scarcely one
man in a hundred, in a new country like
this, who mortgages piece ofland say for
ty acres, and on the strength of this mort
gage trades with the merchant two or three
years, will be able at the end of the time to
pay up the mortgage and clear his land from
its membranes. He has been deprived of
a chance at the whole market in which to
select his goods from him ofwhom he could
buy the cheapest, and been obliged to buy
of him to whom his land was mortgaged at
his own price. Furthermore, when he comes
to settle with his creditor he finds that on
the strength OF his mortgage, as kind of
payment beforehand, he has traded far more
than he expected, and now, when too late,
he feels that it is by great deal more diff
cult to raise one hundred dollars once in
two years than twenty-five once in six
months. He cannot meet his payment, and
as consequence loses his farm, it going in
to the hands of the creditor at less than half
its real value and himself and family turned
out of doors or left at the mercy of his land
lord. Thus the very thing so much dread
ed and legislated against in the Constitution
has actually happened-the rich man has
swallowed the poor.
This is not mere idle dream of what may
happen, but is what actually will happen,
should this new Constitution 90 into effect.
Landed property will accumulate to an alar-
ming extent in the hands of few, and the
great bug-bear of locofocoism, make the
: rich richer and the poor poorer" will have
become reality of: which they may wellbe
afraid.
f The discussions upon these two articles
are growing every day more violent and, be-
\ ing carried on as they are by members of
the same party, oftentimes afford great deal
of amusement. IT'S wonderful what rot
= tenness and corruption they can see in each
other when their bosoms arc torn open for
, inspection. They accuse each other of per-
jury, bribery, of selling themselves for a
price to the rag barons," total lack of
principle, &c. &c. And here We have an
f illustration of what heretofore has been con-
sidered impossible, that there are subjects too
I absurd and ridiculous for locofocos even to
: agree upon. Surely this new tangled de-
mocracy is jewel, and needs but an .oppor-
tunity to reveal its beauties. Give it but
3 the power and it will prove itself to be the
most hideous hundred headed hydra that ever
| had an existence Let it have no oppose
I ton to contend with, and it Immediately
turns its head upon its tail and commences
, war of determination upon itself-deliberate
r ly swallowing it own loathsome Carcass
D May Heaven grant it an appetite to continue
e swallowing till itself shall be completely
swallowed, there not being so much as one
poor rattle left on the face of this vide earth.
4 But enough of this.
q Did not my communication, already too
= long, admonish me, would speak of the
e country, the climate, the winter, &c. But
!, these | must defer till another time. .Suf
flee it to say, then, that the climate is now
/ more beautiful than you at the east can con-
ceive OF, for this season of the year. There
have been but few of the days when
: "The wind and the rain beat dark December"
but the weather has been clear, mild, and
beautiful, much resembling an eastern In
e dian summer. The first day of January
: there fell about five inches of snow, and we
s are now having a few days of excellent
Y sleighing and the way the sleighs fly, the
i bells gngle, and the girls enjoy the fun
4 can't be beat, even down east"
: II. 5. III.