Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1848-09-21

These, beside a number Of o'hers we have
no. room TO mention, were the payments made
by virtue Of The bill, and which would no. have
been made had the bill passed.
Its second use was IN driving that Hood OF
irresponsible paper money by which We were
inundated, out Of circulation, and giving 10 the
people better, safer aud more responsible cur
rency. Such was It's undoubied effect. IL al
SO gave to the Banks the opportunity and time
to relieve themselves from he pressure which
was upon them; TO draw in their discoan, lines
Without injury to the community and. finally
to resume specie payments on basis secure
10 themselves and Satisfactory to the people.
No suspension Of specie payments has occur
red since the passage Of iha, bill.
Will The Lock keepers, COLLECTORS and others
necessarily employed on The public works, rs-
spond 10 The assertion Of The Pennsylvania,
that it was a scheme of financial silIany,' a
measure giving 10 its author an infamous i'm
mor.all,y' TO enable the State to pay TO them The
wages Of their toll {? Was !, financial vlIlany'
10 secure for the use OF conmon schools, the
sum Of shree hundred and lhnty thousand dol
lars !? Will the old soldiers al The wars OF the
revolution, and of 1912, and The hereaved wld-
ows of those who died in the service OF their
country, be found aiding the editor OF the Penn
sylvanlan,' in his abuse of the man, whose ef-
forts secured 10 them the small allowance which
the State furnishes as pensions and gfatullIes !!
Let these answer TO The charge.
il would doubtless be considered sufficient
answer TO this charge agains, Governor Johston.
were we TO STOP here. and leave TO the people
The duty of deciding on the proprleiy OF The
measures. A few observations on the course
pursued by the party, of which the 'Pennsyl.
yanlan' is the organ, will close our present. re-
marks. This abused law, which Is to bring
'infamy' on lis author, was passed on The frs,
day of May, lS4l. The notes authorized 10
be issued, were by the terms of 'he act. to be
redeemed by the State at the end of foe gears
They nigh, have been redeemed earlier. "a.
the pleasure of the Legislature" but j, was
peremptorily required that their retention should
take place al the end Of foe gears. The period
above by the ac, expired on the frs. day of
May 1916. Did The Stale at tha, time; did
the Democratic party, having The same holy
horror with the editor Of the Pennsylvania, Of
the original issue, redeem and cancel these
notes! In 1916, If we remember rightly. the
Democratic party was in the ascendant In The
State, had majority in both branches OF the
Legislature; and democratic Executive Officer
Can any man believe, after reading the edtor-
ial of the Pennsylvania, that the democratic
party suffered their Relief notes to remain un-
cancelled, thereby 'plundetihg the farmer and
mechanic and infringing upon the Constilu-
sion Gentle reader, be non surprised when
informed that on the first day Of December
lS47, not year ago, there ~sfs relief issues
in circulation to The amount of NINE HUN
DRED AND THIRTY.ONE THOUSAND.
SIX HUNDRED AND SlXTY.FOUR
DOLLARS! Where is The evidence Of in
dignaton in the editor, a. the Legislature and
the Executive. for continuing in circulation a
currency so detrimental TO the public interests !!
"The process Of this plundering system" says
the editor, "was curious. but simple" "The
heavy manufacturer bought up the deprecated
paper, 10 pay hi, hand. at the end of each week,
al the value on the face Of each note, and his
poor workmen in buying the necessaries Of
life, we're shaved the full amount of the dis
count upon every dollar" This is his honily.
A democratic Legislature has suffered this
system TO conIinue for Two whole years. with
out even am auemp. 10 cancel the issue, and
relieve the people. Do they not thereby make
tho &C, complaind Of their own! Al any time
during the period of the FIVE years mentioned
in The law, the legislature had the authority TO
redeem these no,ss why, We would ask, if
they were so oppressive TO the poor, to the far
mer and mechanic, were they not cancelled! !
PUBLICUS.
I7The Locos are chucklng over the move
nnents of few fanalical Wings in New York.