Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-11-04
Ertracis from Mr.. Hebster's Speech.

IL,
Congress is already progress. II is in disguise that
the result of these elections produce decided effect, for
good for evil upoa the interests OF men and their pursuits
the present and upon the prospects which lie be-
You'd the present There are in fact, gentlemen but two
candidates for the Presidency General Taylor the Wing
date, ree cheers and General Cas the Democratic
didate. How many cheers for him } (Hissins) As TO
the support Of another gentleman which some OF our friends
am sorry say, have embraced and still pursue, regard it.
in military OF the phrase diversion and if
the subject solemn and the occasion solemn, should
very much Of dyeon also, in the theatric
There are, eow-eil.zers, candidates, and
and the election OF the other aned with
respondent eecton point Of political character of members
of Congress- will produce one the other respectively Of two
results and those results respect he present state Of the BUSH
of the county, ted BY two of recent egs
aton Ii General Taylo he elected President and If there
be- his measures, Wing Congress, there
existing laws Of the county which will be essentially modified
altogether repealed those commonly called the
Sub1easuy law and the ter Il OF 1916. II, the other
hand General Cas- be elected and Congress elected
time sustain his views Of public interest," both Of these
existing laws will be continued in force
Gentlemen, this morning speech delivered lately in
Washington by the ent Secretary OF State Mr. Bncha
nan, gentleman who among the first, if not the very FIRST
OF his party oon, Of character and standing in the country
And, differing from of the sentiments this speech
still do author the credit and justice that tits manly
speech He says having FIRST paid just and than
tribute OF respect the military character good sense,
and strong understanding. and the upright and pure motives
Of Gen. Taylor be OF him, nevertheless, that
IL
by the Wings and surrounded he will be- by Wing Ca
hinet he mast from the necessity of his position, carry into
effect hg principles and Wing and that he would
he fathess 10 his friends and his party re did not do that
agree all this gentiemeD and believe that he would be
prompted to Wing principles and Wing measures,
by the necessities Of his position than from what believe
be his deep conviction Of the policy Proprey, justice, and
soundpess Of those principles
Well, gentlemen, MIR. Buchanan has stated one side Of
The fairly, allow the other And say,
upon the other band, General Cass be elected President
and corresponding Congress be al the time elected, he
will carry the Democratic platform of Baltimore he viii
continue favore- Of the Subeasuy ard the Tariff OF 1916
He will follow his bright example, whom he much com.
mends, Mr. Polk and Whatever the Of egsa
ton Mr. Polk has left und6ne Gen. Cas- viii be hand
do. So that it brings exactly, practical men
who not carried away 10y theories men who do
tach all degree and all Of importance 10 single
idea who regard The various interests Of the
try aud hereafter brought to this position, give
sufagss and support heartily and cordially Gen.
TAYLOR, consent the election Of Gen. Cass.
Ought these measures which have thus referred, lie
further prolonged continued, ought they be-
repudiated be aside and give place other and
wiser measures OF Government That Is the question pend
ing And 10 begin with that which is called the Sub
treasury system. Ought that be continued l. il useful
DO the business Of the community End benefit in il
Do the lsboring classes find protect their Interests In
short, does Government find it convenient for Us
purposes
But now gentlemen before consider what the result Of
the pending election may upon tie future prospects the
10 regard 10 the business and occupations Of men.
On that point, gentlemen, might, with great proproy,
ask or information from you. And What have say upon
say with difference 10 your knowledge and experience.
What, cn, is the present state OF things suppose
say that there very unusual scary Of money high
prce IN ney the community the presen, moment that
has lasted very unusual length OF time that il has
continued for than twelve months without any appa-
rent abatement suppose may say tia, there's great de-
preston Il industry and ssgEaon Of business, and dis
courageTent 10 the occupations % men, suppose may
say, with truth, that there diminished demand for
featuring labor and great and increasing dimnuon in is
reward Now, this though short presentation Of the
state Of things
There before hundreds Of men who with some CAPT
tai lac all other Of husnpss have occasion also
for loans and discounts Do they find, snI DO they admit
and do they feel thi money j. and dear DO they
1nj in the daily operations Of ais in their sphere OF
active life that they embarrassed this dear
Of money All tina, suppose every body answer
for himself suppose Is too notorious % b. doubted Tor
moment And having put this question the active udu
tous classes Of society engaged trade aud manufactures
and expecting receive they 10 speak, but
swcr from them all, would 10 The next place. pot the ques
tlon 70 the rich Of the country, the capitalists the
who have money u lend. would ak them whether
good he bad at what they consije suits
facf0ry o. discount and should expect
them very cheerful and satisfied answer.
Ia my Judgment genemen for whole year back the rich
have been growing and rich tire active and indus.
isus classes have and embarrassed and
poor have been growing and poor every dsy through
this Subasury lasts, long the present. Il duties
and customs lsss'ha i say, bng the tariff Of $40
coBnueshis state Of accumulation by the rich II distress
Of the industrious cases, and Of the aggravated poverty Of
the ppo will IRON degree degree end which
hardly iorGsee.
And N the hrst place. gentlemen, this CONSTITUTIONAL
Treasury look upon Of The stranges, fantasies
Of the gres depyns, ard II the least plsu.
sble political deusitbs produced by parry power and
party management l. there civilized and commercial cou.
Try the world that knows any such thing locking 10 IN
chests and boIes under tos ad hirs the pubic treasure
j. there civil zed peope upon earth that separates the
interest Of the Government 10 respect currency and money
from the interests Of the people there any such thing
known in England, France, wherever spirit OF com
mercc has pervsded the people know no, Oft
And new, historically let ak, how did il arise and
wha, il IL origin Why, j, all very plan Gen Jack
sn had controversy with the Bank he United States H.
which the public moneys deposited lie withdrew those
public moneys from the Bsuk 81 the United States in the year
1893 WELL how then should he keep tie pubic moneys
lie did III TO leave them they before there were
banks tie hands Of collectors, 70 he dawn wanted bu,
he adopted experiment." he called lie ime aud
placed them 10 deposto hanks. That experiment failed ia
1896 aud 1897 and with great explosion these state
posite banks blew up.
BY this time Mr. Van Buren, inn office and sum.
moDed an extra session Of Congress- which assembled Sep
tembe 1887 aud NJ Van Buren and his counsslo,s pro-
duced that day. original dea-snd altogether on
gnsas OF Their iayention-aDd II Of their in
venop, for IN th1i respect tkey stole mans thundehe,
produced this project Of Whist they called Constitutions
Treasury, ar Subifoau y, which lock up III the chest