Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1848-06-02
FOR GOVERNOR OF OHIO,
SEABUkY FORD, of Geauga county.
Progressive Democracy.

The various shiltings Of the sell.sIyed Dem.
ocrats Of the present time, is without parallel
in The history Of factions. The principles upon
which the party rallied yesterday, are openly
secuted to-day, and those Of to-day baco me OBJ
soIeIe before lo-morrow's dawn. Instability and
change marks the progress Of Democracy. 1t
has new growth every month, and changes its
hue with every phase OF the moon. Every
thing by turns, and not hing long. For banks
one day and against them The next; for protec-
tive tariff at one time, ,againstlta anolher against
the annexation of foreign territory yesterday, IN
favor Of it to-day; for the "WiImol Proviso" to-
morrow, rallyng to the suppor Of its most hos
tile opponents the day following in favor Of i'm
proving western rivers and harborS, yet supper
ting men OPPOSED 10 such improvement Such
is the course Of Progressive Democracy for
the last few years. Any doctrine or senIlmenl
that promises them power and place, is eagerly
embraced Office, for the sake of the emolu
mems of office, is the only permanent principle
Of the progressUes.
A lew years back, when "Old Hickory" was
al the head Of Governmental affairs, the parry
were in favor of the re.charler of The III N cxs.
ting Unirel States 8llk. Ayaar OrtwoI tier, Con
grs il st,i Il conformity With the avowed prn-
cipIcs Of the Democratic parry at thattime, pass
ed an acllo re.charer rlh, United States Bank, aud
foremost, in advance Of all The advocates of he
measure, was the present Vice President, then II
Democratic Senator from the Democratic State
of Pennsylvania. This bill was vetoed by the
President, not on account of opposition to such
an institution, bu. because of obi clions TO the
details of the bill presented for his SIGNATURE
We fud, upon reference to this veto message,
that Gen. Jackson's views are given as follows:
"A bank of the United States is, in many re-.
specGS. convenient for the Government, and useful
10 the people. Entertaining this opinion, and
deeply impressed with the belief, that some oI
the powers and privileges possessed by The exist.
ing B INK, are Unauthorized by the Constitution
snbversive of the rights Of the States and dan.
g.rous to the liberties Of The people. felt il my
duty, al an early riod Of my administration, tt
call the attention Of Congress, TO the praclira
bilily OF organizing an institution combining all
its advantages, aud avoiding these objections"
In shorI time, however, the party progressed
from this doctrine, and denominaled U. S.
B,nk, in any shape, unconstitutional and dan
gerous TO the liberties Of the people. A batch
of deposile banks were then established, the rev
enues of tho General Government placed il
their vaults, and the hanks we've told to ISSUE
freely upon that basis season Of speculation
and inflated currency followed. The banks, ex
cited by the deusive and injudicious policy o
the Administration, extended lheirissues, increa
sed their circulation, and participated freely il
the wild and hazardous speculation every wher
prevalent ia the years 1885, SO and 81. Il was
period of (eigned prosperity. Phoenix like, me-
rose ftom the dregs of poverty 10 be million
aires. The paths of honest industry were aban
doned; labor did not present as accessible aven
ues to wealth as did the howery and untrodde
paths oil speculation. The American people pre-
sepicd the anomaly of the creates, agriculture
nation on earth, with soil uneouaIled in fertiI
ity, climate embracing every latitude from III
frozen regions of the nOrh to the tropics-rror
perpetual winter 10 perpetual summer--and hun
dreds of millions of acres, that required but III
hand Of industry to make them yield abundar
harvest, lying waste in almost every latitude
inviting the emigrapI to their bosom, mPorun
more than three millions of dollars worth G
breadstulfs in single year. At this particua
crisis in our National affairs, Gen. Jackson dc