Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1856-06-27
Tue WILMINGTON JOURNAL,
wLm1NGroN, ". c., MONDAY, JUNE 30, 1856.

nz-Our opponents have made much talk over their
charges upon Mr.. Buchanan, of having proposed to
reduce the wages of the working man to ten cents
day, or at least expressed willingness to see them
so reduced and of the most telling points made
by Mr. GiImer at Halifax was when he put on q
ridiculous look and calculated ten cent Jimmy
Now, would any body unacquainted with such 'nlhgS
believe that this charge manufactured out OF
the whole cloth Hardly, we think and YET such
is the fact. The speech of Mr.. Buchanan upon
which this pretended charge pretended TO be based
instead of affOrdng any foundation upon which 1t can
sta d, gives it fiat contradiction Instead OF being
made with any view 10 depress the Interests OF Inc
working man. agIrandise the capitalist at MS eA
pense, that speech made in defence OF the DeS'
interests of that class The basis OF the charge-the
only basis is the following extract from speech 10
Senate in reply to Mr.. Clay on the Sub-Treasury
ssu1 ~ 1so CHARGED by the senator from Kentucky with
desire to reduce the wages of the poor mans labor We
have been termed agarans side OF the house
II mptbng under the to hear the senator and
his friends attribute to desire elevate the wealthy
The expense OF the lahorng man and the
mechanic From my soul respect the laoorlng 10 an La
Dor is the foundation of the wealth Of every country and
the free North deserve respect both for their
proby and their intelligence Heaven forbid that should
do them wrong OF all the countries the earth ought
have the consideration for tn aborng man From
constantly revolving and producing such mutations In pro-
perty that the althy man to may become the poor
aborer Truly wealth often takes wings and
flies away rge fortune rarely lasts beyond the third gen.
Grafton even long We know instances
of individuals obliged to labor for their daily Bread whose
grandthers of fortune The regular process of
society would almost seem to consist OF the etts OF one
dspate the fortunes which they have inherit d.
VIII st another class by their industry nd economy
gulary rising wealth We have all therefore, common
the aboring man and believed for that this
bill would prove injurious to him, it should meet uDqua
Although this bill will have great influence
could DESIRE yet far goes, it will benefit the labor
ing much, and probably than any other class
of society What 1t he ought most to desire Constant
employ ment regular and uniform reasonable prices
for the and camort OF life which he requires
Now r what has been MS con'0n under our system VI
expansions and contractons He has suffered more by
them than any other class Of society he rate OF his
wages is hxed and known; al they are ne iast 10 rise
with the increasing expansion and the first to fall when the
ceve his oar per day. whilst the price of every article
which he rapidly rising he IS at length made
to fe hat hOugh he nominally much even
mo than he formerly, from the increased price of
all necessaries of lite, he cannot support his fami ~
cited feelings which have, different periods existed
the abong But the expansion at length reaches
sufe He is for a thrown out OF employ ment alto
grther Our manufactures suspended public works
topped enterprises OF different kinds aban-
doned and whilst able weather the rm, he
can scarcely procure the means of bare subsistence"
In subsequent speech, Mr.. Buchanan thus emphaticay
denounces the attempt of Senator Davis of Massachusetts,
misrepresent his position
Selfrespect, well the respect hch owe to the
Senate restraints from giving such contradiction to This
allegation deserves 1t would surely not be deemed i'm
proper however, me, if to to the Senator and
apply the ephe which he himself has applied the popo
sition he mputes to and to declare that such
imputation was fagitous misrepresentation OF my re-
marks
Replying to the charge more at length, Mr. Buchanan
again said:
conended that it would injure greatly benefit,
the aoorng man to prevent the violent and ruinou expan
sOns and conracOns to which currency incident
and by Judcous bank reform to place it settled basis
If this done, what would be the consequence? That
the aborng could not receive great nominal amount
for his abo he did in the days extravagant expansion
which must always under our present system be of short du
fed by the constant employment the regular wages, and
the uniform End moderate prices of the
and comforts of life which stable currency would pro-
duce Can this proposition be eontrovered think not
1t is too plain for argument Mark desire to pro-
duce this happy result not by establishing pure metallic
currency but by reducing the amount of your bank issues
within reasonable and safe limits, and establishing metal
&c basis for your paper circulaon The idea plainly
pressed is that it better, much BETTER aboring
well other class of society except the spec
ulaor that the business the country should be placed up
on that fixed and permanent foundation which would be
laid by establishing such bank reor would render it
gold and silver.
And yet this plain and simple exposition of my views
has been seized by those who desire make political
capital out OF the perVerslOn and it has been represented
far and wide that desire to reddce wages down
the prices received by the miserable ser and abOrers of
European deSpotsms shall cheeruly pub
lie to decide between and my raducers The senator
from Massachusetts,, after having attributed the
tent on of reducing the wages of labor hard-money
standard through the agency of the Independent
bill. HIS added appendix to his speech, statement
made by the Senator from Maryland Mr MERR1ck of the
prices of labor in these hardmoney despotsms
thus left to be inferred that of reducing the
honest and independent aborer of this glorious and free
country to the same degraded condition. The Senator
ought to know that there much intelligence
the aborng classes in this highly favored be led
asray by such representations
Was any false accusation thoroughly refuted
and turned against its authors Er disco Such
are the shafts in the Opposition culver.
The Rail Road.