Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-01-30

factursTs and merchants, and ruins thousands Of
honest and industrious citizens"
General Jackson in his farewell address to his
eountrymen uses the following, as words Of admon-
ition 20 Us all:
"The planter, the farmer, the mechfnia, and .he
laborer all know that their success depends upon
their Wn industry and economy, 0ud that they must
not expect 10 become suddenly rich by the fruits CT
their toll. Yet these classes Of society form the
great body Of the people Of the United States; they
are the bone and sneW Of the country; men who
love liberty ahd desire nothing but equal rights and
equal laws, and Who moreover, hold the great mass
of our national wealth. although il is distributed in
moderate amounts among the millions Of Ireemen
who possess 1t. But with overwhelming numbers
and wealth on their side they are in constant danger
of losing their fair influence in the government and
with difioulty maintain their just rights against
the incessant efforts daily made to eneroach upon
them.
The mischief springs from the power which the
moneyed interest derives from paper currency
which they are able to CONTROL from the multitude
Of corporations With exclusive privileges, which
they have succeeded in obtaining in the different
States, and which are employed altogether for their
benefit and unless you become more watchful in
your States, and check this spirit of monopoly and
thirst for exclusive privileges you WILL IN the end,
ind that the most important powers Of government
have been given or barlered away, snd the control
over your dearest interests has passed the hands
Of these corporations.
The paper money system, and its natural assO-
eiates, monopoly and exclusive privileges, have al
ready struck their roots deep ia the soil, and It viii
require all your efforts 10 check its further growth,
and to eradicate the evil The men who profit by
the abuses, and desire 10 perpeuate them, viii
continue TO besege the halls Of legislation in the
General Government well as in the States, and
viii seek by every article, misiead and deceive
the public servants. Il is to yourselves thai you
lln md
perpetuating your free Institutions. In your hands
is rghtfuly placed the sovereignty of the country,
and to you, every one placed in authority is uti-
mately responsible. 1t is always in your power to
see that the wishes Of the people carried into
faithful execution, and their viii, when once made
known, must sooner or later be obeyed. And while
the people remain, as / trust they ever will,
rupted and ineorruptble and continue watchful and
jealous Of their rights, the Government IS safe, and
the cause of freedom viii continue to triumph over
all its enemies.
But it will require steady aud persevering eIer-
tons on your part to rid yourselves Of the iniquties
and mischiefs Of the paper system and to check the
spirit Of monopoly aud other abuses which have
sprung up with it, and of which il is the main sup
port So many interests united to resist reform
on this subject that you must not hope the conflict
will be a short one, nor success easy. My humble
efforts have not been spared, during my Adminstra
ton Of the Government, to restore the Constitution
al currency of gold and silver; and something, I
trust, has been done toWardthe accomplishment of
this most desirable object But enough yet remains
to require all your energy and perseverance. This |
power, however, is in your hands and the remedy |
must and will be applied, if you determine upon it.
Such, sir was the opinions Of that great man |
and have we needed his admonitions Have we |
followed his advice Have I'VE rid the country Of |
these corporations? No no. These land marks, !
set up for guidance in other days read, and
forgotten; in fact all the statesmen who wrote and
spoke in the better day Of the Republic were for
purely metallic currency.
I To be continued