The Bedford gazette. [volume] (Bedford, Pa.) 1805-current, 1857-11-13
TIE WING PARTY.

Democratic cause; all late expedientS for that
| purpose, having ANONYMOUSLY failed. The
/ Philadelphia Sua does not seem tb cooperate in
such movement thinking il could not possibly
accomplish any good for their cause, and we
must say We heartily agree with its notion
lis further views on the subject we give, that
The Old Wings may apprehend how kindly they
are thought ofby their present co-workers, and
tor the happy simplicity and ingenuousness OF
| the last remark:
! ''On the contrary, we should lose much by
such step. The old honest Democrats, who
became heartsick of LocoiocoiSm, and are now
our active co-la5orers in the Opposition, would
be driven away by the very name which their
! early associations induced them TO dislike. And
our old. Whig friends are too patriotic 10 bag
| gle about name that has pass ed awav, or the
| ghost OF party that has been consigned to the
| grave. As well might man, for any useful
| purpose, attempt 10 galvanize a corpse into
lite, as to resucitate and put again into power,
| under The same namr, party that is so essent-
! TALLY dead and buried. Ali such efforts must
distract and weaken the Opposition, and When
there as no principle inuoiUed, no great potiti-
cal truth for achich TO contend, it is the folly of
madness TO make the attempt
! We do not know that the Sun intended TO
make the confession, that the absence of "prn-
cIPle or political TRUTH" attached to the entire
| efforts OF that body, which it very Justly de-
nominatrs the ''OpPoSition," as coniradstin-
guIshed from the only PoIitcal'pany now in rx-
Istence, the Democracy, but if it did not, the
expression IT employs, is singulariy unfortu-
nate.
II might be we'll enough, as q preliminary
step, that the advocates of thrnew political eX-
Prdlent would inform an anxious public what
principle OF that ancient party they propose to
resuscltate, and also how It is expected that the
new toId) organization can iratprnize with this
mongtei amaIgamation party, the American
Republican. Bad as it may have been, the old
certainly never ''stooped" 50 low ''o conquer"
as the various iSms coniolned under that de-
lectahe title, and was never cursed with such
infamous corruption and gross mendacity as IFS
SUCCESSORS IN the affections OF the people. The
| Wings never knew, as a party, the Know
Nothing, nor yet Abolition sentiments, which
form the essence of the opposition Of to-day,
and 10 revive II IN ITS purity would BE- 10 necrs-
Sariy cast into their mrrted oblivion the in
famous dogmas which have given a temporary
lii" 10 the party ii is intended to dispIace
Is this the proposition! If 50, We would be
glad 10 hope, that while the opposition to De-
moctacy could not be strengthened thereby,
that the grrai curse of "Union" politics might
possibly be somewhat mitigated, and that the
country would have some reason 10 rejoice at
the horrible baniShment "into outer darkness
OF the detested men and measures which have
held sway IN the opposition ranks since the
downfall of the Wing organization. The true
Wings OF the past, however, who have united
themselves with our noble party during the last
few years, would b. bound even more closely !
TO Us, for they would feel, and Justly, that the |
memory OF the honorable name of Wing was
only degraded by being constrained TO hide the /
mass OF corruption that now renders party puI- |
Ics loahs0me, and that the assumption of an
old title was not from the desire tha, their true
principles If such they can be calledl might be-
changed, bot merely that a cloak might hide !
them from the gaze and abhorrence of honora- |
bic men. Such a specous but (lialsy and !
thr"ad5are disguise can excite nothing but /
mockery, from those who have suffered 50 much |
from the drmagogues Of the opposition as the |
Old Line Whigs-PdisJurg Union.
TnE REMGDY-The entire Bank capital px-
istlng in the United STATES is stated to br three
hundred aad forty-three millions OF dollars.
The entire paper currency is set down at
OF which fifty millions is in five dollar notes, |
and about the same amount in ten dollar notes
The amount Of specie is two hundred and |
ffy-fve millions Of dollars. of which the banks
hold sixty milIious.
These statements have been made in official I
public documents, and are probably as near the |
facts as can be arrived at.
la view of them, the remedy Tor a susprn-
sion Of sr,aci,s rav,npptS ic aurar.,,. ,I
LIT the General Government aud the States |
cooperate TO abolish the FIVE and ten dollar
notes.
The result would be to reduce our paper
currency one half, and secure in It's place gold |
aud silver.
suspension then would not occur once in |
a century.
This remedy was proposed and urged bv
James Buchanan when Senator. The in-
luence OF his administration NAV be consid- |
cred pledged, therefore, to cooperate with |
the LegiSlat ures and Governors of the States
in bringing about this great reform.
No QUESTION of domestic policy is so trans
cendent IN lis importance. 1t is a p-opr's
measure. All parties should unite upon it,
manage their affairs Of Government.
OF course, the remedy would be applied |
with due caution. SO as not 10 disturb vo-
lrnty the measure of value or the relation of
debtor and creditor.
In our opinion, this grand and only cure
Of the American Banking system might be |
applied during Mr.. Buchanan's Adminstra-
ton.
A longer period is not necessary. - Jefer-
Soainn.