The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1850-09-05
NUMBER SO.
From the 7soga Eagle.
OBSERVATION-DISCLOSURES.

What Is called the circulating medium of
the country, is at all times subject of vi.
tal interest TO the community at large, but
peculiarly SO now, in consequence of the
act OF Assembly prohibiting the circulation
OF bank notes of less denomination than,
five dollars, and which act takes effect on
the 2lst inst. We deem it peculiarly un.
fortunate Tor this section OF the State ths
passage of said act, but as tits the law of
the Commonwealth, we all must shane our
business 10 enable us to live nm to lis full re
qnlrements. There seems to be class of
persons who look generally to legislation TO
remove all fl ancial AMI business evils. Yes,
YES, say they, procure an act of Assembly
Tor tins thing, and al act for that, and So on
The thing is done if the Legislature pass an
act. Donor sensible men know that lepis.
lation can never pay debts, as governments
are not money making but money consu.
ming machines. Il is said that there are
more enacted in the United States in one
year, than IN all the rest of the world
Ninety-nine in hundred of these laws are
private acts granting 10 certain indivi,lual.
advantages and privileges not enjoyed bv
The rest OF society. The worst feature. of
this kind of Legislation is, that the homes,
and industrious are much more rarely tho re.
ciplents OF these legislative bounlies ,han
the cunning and tho idle.
The great aud frequent evil arising from
legislative attempts TO pay debts, is that tbev
transfer The burden of debt from one set 1f
men to place it with accumulated weigh,
on the shoulders of another set. Itmav be-
seated as proposition universally ,rue
that legislation never relieves the pecuu;,re
embarrassmenls of one individual, except
at the expense of the community. Nav
more-the community always pays more in
tay ,hhauthe benefited individual gets bv
way Of relief The very ind,rection in
which, such partial legislation is ALWAYS
shrouded, ereases the weight of the tax.
whilst 1t ohscures the iniqutous operation of
the laws The manufacturer gets hardly
half The tax paid by the consumer under n
protective tariff. The Stockholders pe,
muchless than half of the tax levied .by 4
Bank under its charter. Internal Improve.
ments universally cost the country twice a,
much as they benefit the peculiar erection in
which they are located. This legislative
moce oil paying debts or relieving embar.
rassmeRts by transferring them, is then more
iniqui'ous in reality, though less odious in
form. than open confscalion of property or
cancelling of debts.-The process of relief
Will swallow up the estate of the bankrupt
and leave nothing for his creditors.
Obvious as thhse truths are, or at least
ought 10 be, we continually hear large and
intelligent patty in this country railing a
gainst Government for not relieving the
country from its embarrassments, and cry.
ing aloud for that very partial legis' alton
which relieves one set OF men at the ex.
pense OF another. If this system of legis.
lalion Is ever counlcnauced by the people,
we hesitate not TO say, that we shall no, only
be badly governed, bu, worse governed
than any nation on earth The recipients of
legislative bounty would be infinite in num-
Der and insaiiate in appetite, for no sooner
would one swarm be gratifed than new
one would arise TO ask for favors, bounties
and taxation for their exclusive benefit. Tho
quiet pursuits of industry would be aban-
doned, when men found whilst were at work
their more fortunate neighbors, by besiesing
legislative halls, wore appropriaiing by law
| the produce of their sweat and toll. A oov.
eminent so conducted must soon come 10 an
end, for none would labor when the fruit, O:
their labor were 10 be given by law 10 The
cunning and idle.
people may continue TO bear the burden
OF an hereditary nobility trenched round
with exclusive privileges, because such no
billiy is always comparatively few In num-
Der and moderate in its demands; but 10
bear constantly shifting, constantly recruit-
ing privileged class, with cormorant anne.
tiles and Hyena-like propensties, is more
than human nature is qualified for.
Labor and Economy, and labor and econ:
omy alone, can relieve the country from ils
enbarrassments, II is law of our nature.
enated by our Maker that man shall earn
his bread by the "sweat Of his browo-- d
law which no legislative legerdemain can
suspended OF rePeal-@No matter how bad
the currency is, If man labors hard and
makes more than he spends, he will grow
rich, il he is not overLaxed to pay other
peoples debts, No matter how good the
currency is, the idle and extravagant WILDE.
cotne po6r.
n The following daguerreotype, of his
/ Satanic Majesty is said to bavf, actuajlv