Newspaper of Burlington Free Press, July 14, 1837, Page 2

Newspaper of Burlington Free Press dated July 14, 1837 Page 2
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mil, when Iih country dcmnnuiiA oxer mi, nnil. judging n1"'" presrut oppcurnn s nt tin; ondof'hia fmir jsnrs, will be nil In hnvo genu to Ire rcnr, whuru he H hu left, nnd reported iimung Hie mis lint "tir Cuuntry Ili'ovnn blo her Miners when her children Fuller; h(ir i' clintinie, indii'irieu. viilued children. II - I I,,.,,. !ll iflli,, virtnr lier constitution tins not been broken by !tentmeiit--;inil 1 firmly believe it hns I 1,-t 1 he Constitution hnvo (: i r play. imss the quacks with I heir pnsionuus .'rums bring in the honest nnd intelligent visors who hnvu been displaced, nnd, til n little moment In recover from pain 1 excitement, she will enmu fnrth again nil her beauty nnd r.lrenr'lh, in she wu.- Hie morning of her dnyx, when her glory is lilended with Hie glory of Washington, d bntli were Fot'ieiM'd nnd cbnstened by I...,;..;..., .,,..,.r,.n,.n I,, ll,i, I , n.t it ll I inn .ll LnWS. JACK DOWNINH'S I'HOI'IIECY. Amongst the oilier propliccies, which re mndu after the removal of the Dcpos a ami the commencement of Gencrnl cltson's "Exnorimcnl" those of Mnior wmng ought not in these times to be Il...,,l t ll,r.r,,rrv r,, mm month or two after the public money v'a nlered to be taken out of one pocket and it into thirty or forty packets all over the ,. ll ..., II,., Irnlli ,.r 'Milll I J 1 '1 l-ll 11 ail rut li.i v , ,,n.- uiMii ,11 vhat the Major told the General "we've .... nnrl,.,!., fl.r nr in im .,(." n n it when we want il I don't sec how we shall find il." Washington. 7th .November, 1033. i have always bi'i'ii toUiiitho vnu know, that of all troubles there was lone so tufTto git round as money troubles, md wli'ii such matters pit in a snarl it vas worse Hian tryin to straton n melilia 1 no artcr dinner. 1 was always afraid thnt vu was giltin too many folks to handle the ''lOIiev. HON i Of llL'i'rill ill 1 in: i;iiiiiii3. "Ivor hiico I wn a boy I always had a no ton Unit the t'ewer hands in connlin the teller, and the less you handle money the Hotter, for the more ymi handle H, somehow, lie lei-s it grows. And then ngin I toll'd he fiinornl. over nnd over agin, "Don't icddle with the Banks," says I; "the 111011 v i safe ciinfl' there, nnd one pocket," ays I."Giuernl. is better than twenty" ''.ut you know when I was in Now York Mill Zi'kiel Bigelnw tryin to find out the 111.-C of money hem scarce, and when Ze el brokn Ins will cli shnwin me huw the I I S!l.,l., l!.,,,l.- mrl.-..l nnmnrr ntlinr ank. the folks somehow got round the vilneral, and the deposit-! was removed. 1 have been Inokln out for trouble ever ince, though J was bound to stick to the Ginernl, right or wrong, as I tolled him I onld. Tnther dvy, when wo came to t lint part fthe message where we have to speak of "oney mutters, we sent for Mr I nncy, our Ow nrcreiaty "i mi: i n-uMirv, iu iimi" in his aecnunis. No warn't quite ready, for ic ain't mi quick at siferin yet as he will be 0 rights; so we waited lor turn a spell and left n pLicn here and there in the mes ngp.ject lug null' to put in figers: nnd so ist iuhl tin: Giueral sent n jjf 1 11 , and said tin must have the 'counts, "ready or not eadv," and up lliey came sure eiiuff, and ll.nn linir"nnnl:iwl lint I tin Rllll-m won't wait for not bin when he's in a hurry. - Now," ays he. "Major, turn to and see ow they stand with last year." And so ,t. it I went, ciiuipjrin all the amounts of .'iiilavs. the Gineral all the while sinokin . nil Hiinkiii pretty hard, with his feet upen he mantle. I tigered up the sums pretty nuick, considerin there was a good many hi 'em called estimate?; and when I got to ilioeeiid on't, "how," says I, "Gineral, von know I tell'd you that we could git up .1 nil put down nulilicalion in no time we could turn out n cabinet and nppint other oiks wc could send minivers abroad, nnd et 'em come home as soon as they pleased, and send other folks in t heir places, and jive all lull pay too wc could nock the United Stales Hank anil Squire Biddlo nil into polluters we could let our folks go on Hie I nr m lands in one place nnd drive hem nil" 111 other places, r.nd nil up an In- SVir and nppint new olliecrs hero nnd l,,.r, .!i iavc new auditors to settl 1 .11 01 and H thi"j;i go on in the Post Oi'tii-e aed L'U'd OlVice pretty much to suit the. folks there nnd instead of liavin one In n I; for our money, scatter it. about niiioii; the bunks of our friends. All this we could do, and have done, nnd have taken the re- snon-ibilit v loo, nnd llin lotus lino us 1110 bcl i r for it ; but," says I "when they come In mc wliat if all rosin there'll be trouble now I Irll 1:011." i-avs I. "Why. Major," says the Gineral, "what's the matter i ain't inn ijuvernnieni ccn nomicnl ?" 1 ays he: "do you expect to make reform without cestui hoinethiii ? Canyon clear up swamps and cut dilchee, nnd remove old slumps without expense ?" "Yes," mys I, Gineral. that's nil true. "liut plague nn'i,"snys I, "it's hen goiu on so now nigh upnu 5 years; and," says . "it keeps com in nioronud more, and wc nro nearer ben; swamp'd and siunip'dthan ever here." t-ays I. "now jest look and sec wlial Mliis Government' costs now, nnd what it cost when Mr Adams was l'rcsi dent; nnd that ain't the worst on't," cays T, "our money i' here, there, and everyirhcrr; and I don't see how tec shall find it when we waul it." A-1 soon n I ineution'il Hie amount of the sums I had figured up, the Gineral jumps up. and be did stomp about n spell, i tell yi-u be una.Hi'd down Ins pipe, nnd it Hw into more limn forty pieces says he, "Ala jor, ain't you nnslnkeii r" "No," says I, there's no mij-tnko about me, Gineral." Let mo see tlieui accounts," snys he; and lie begun 10 feel for his spectacles, first in one pocket and then in another fur he had nn less than 7 pocl:ctn brides his watch fob, and he couldn't find his spectacles mys he, "Major, have you fccii my specta .fllcj j'"No," snys I, "1 hain't where do von keep 't;tn ?" bays l--"Vhy," snys he, :,l iihmI always to keep 'nm in this fido jirenst-pockel, hut I hnvo hern so prsler'd mtnlv. I must hnvo clmng'd pockets" -that's bad," mys I, "GiiKrnl, especially," ays I. "when 0110 wants a thing in n hurry. rsow," snvs I, "I oiny uccp 0110 pociici, iituU got. Hint notion," says I. "from Sqniro lliddlu, for he keeps eny must every Hung in one pocket, and hu can loll in a miuil pretty much all about eny thing." The Gineral kept all the while feclin and 1 ti ruin his pockets inside out, but no spec tnclos. Says ho, "Major, I reckon lliein 'ere spectacles, are somewhere in one of these pockets, and I'll find 'em," said he. 'if I have to take my sbtrt oil ;" mm ni 11 be went, and ho otTcont and jacket, nnd all the while slinkin 'em to find the spectacles by and-by I seen hole in his pantnloons pockut ;-"I'm on track now," saya 1. "Gineral, here's a hole ;" and, sure en 11 IT, when ho camo to take off his boots, there was his best gnld-rini specs, nnd all b'oko to flinders--and if we hadn't been lookiti for 'em, and if I hadn't seen ihal 'ore hole, you never would say they ever had been uecs, for they were nil jamb'd to not Inn. ' Thcro wns a cumins notion then jest conn! into my head, and I stood stock still, boldin tho Giueral's pantalonns in one hand and his right bunt upside down in tnther, and there lav the specks on the flmr, (or what there was lelt on 'em;) and iiicunio ml stood lookin nt mo with eny most noth mg on him, and the Message and the Treas. ury 'counts mid my slate lay on the table there warn't a word said fur more than ten minutes an awful time lo stand so. .So lo rights the Gineral he spoke, nnd ny he. ' Major, what are yon thinkin on?" Whv," snys I. 'Uineral, 1 wns ininmn, ays I. if vou had kept your spectacles in your side brcnst-pockcl, they woi)ld be on your nose now; hu!,"snid I, "Hint ain't the wor.-t on't, I'm nfeard," says I, "Gineral, we're got too mami pockets for oar money, and when wcwanl il we shall have to come lo oar shirl.i and boots before ice find if." The Gineral got as horuetv as all nature at this; and says he, "Major, I wi.-h now you wns only Calhoun, or Diddle, or Clay, or M'Dofioe.or Don I'edro.or Black Hawk, or anyone but Major Downing for I feci as if 1 should liku to givesouiu 0110 a tlirasb- ing." "Why," says I, "uineral you am t mad nor nothin, be you? liir I am ton," saya J ; "and every lime I look nt the 'counts," says I, "1 feel as if I would like lo get hold of some one, and thras-h 'em loo." and so wc stumped about a spell, cii.-sinand disscussin most things till wc got cool ngiii--but it was considerable of a storm I tell you. Your friend, J. Downing, Major, Downingville Militia, 2d Brigade. BACKING OUT. Imohi (lie N. Y. Journal of Commerce. The Van lliiren men arc hauling off" from the Loco Foco doctrine. "No Rag Money give us gold and silver." They find thai it's no go. The Globe formally has declared that "neither President Jack . son, lvesiuetii van jjiircn, ioi. uoiuon, (!) nornny other person holding a posi tion to give weight lo his views as repre senting those of the Democracy, (meaning the Van Buren party.) ever proposed n currcucy exclusively metallic." The Alba ny Argus echoes the voice of the Globe from tho North, nnd the Richmond En. quirer from the South. The last mention ed pnper, speaking of the course of the Van Boron men in tho Virginia Legisla ture al its late session, snys, "No mem bers avowed any disposition lo crush the banks. Even the hard-mutiny members cninctorwar. vi n o ur.-i s . ing , , l,,,,.- ,,. .li.i, iii-oi I 1 in iiinct 1 hern dnsim ' to cherith our hampered institutions.' -." I"".-- - ; Who are the "hard-money men" that the Ennuirer speaks of? Are tbev not men Iml ding precisely Hie doctrine thai tho Globe repudiate-;? And how many ut incm are there ? How soon do they expect lo com mand a majority? How lar docs I bo prc presen! Adiirnistralion intend to jiehl lo them ? Are we lo have $100 bills, oronly 1000's? Tho Enquirer can perhaps cu lighten us. Our own opinion is, that without tho aid of bills under , it will bo extremely diffi cult, if not impossible, to resume specie payments. The amount of specie nccce cary lo supply the cirulation under g" throughout this extended country is proli ably mil lcs than 10,000,000 or g50 000 000. Deduct this Irom tho whole amount in the country nnt above g0 000 000 nnd the residue will not constitute a very "broad basis" for bank issues ; certainly not n basis equal lo the exigencies of 000 or 700 banks on resuming p'ciu payments. But it is to be further observed t tint the specie in the country is constantly dimiii 'hing exportation, manufacture, and wear so thai it is doubtful whether, when we arc otherwise ready lo resume, we shall have more than specie enough lo supply the circulation nndor $5. There will ilicn be nothing lelt for Iho banks. A pretty condition truly in which to commence spe cic payments ! But by a general issue of small bill. specie pnymcnts could be re., sumcd nssoon as our foreign debt is can celled, which will probably bo not longer than Jl to 13 months. The true doctrine respecting specie is ns follows : "I profess to hu a bulliouist, 111 the usual and accepted sense of that word. 1 am for n specie basis for our ciculatioii, mid for specie ns a part of circulation, so far as il may be practicable and convenient. I nm for giving tin value to paper, merely as taper: I abhor japer; that is to say, irredeemable paper paper that limy tint converted into gold and silver nt the will ofthe holder." Daniel IVtbsler. United States Bank. The article which we published on Tuesday, from tho Now York Journal of Commerce, in re ference to the reported speedy resumption of specie payments by tho Uuinted Stales Hank, it appears is not cnrrecl. Wo have ascertained from n correct source that til present Hie bank has no such intention, lis situation is sain to bo precisely thus ; For every dollar of notes in circulation, it hns an equal amount nf'specio in its vaults that is. four or five millions. Were the bank to resume payment be fore measures is generally adopted, it would be drawn upon by every moneyed institu tion and individual holding its notes, mid I ho inevitable consequence would he Hint in nfew days it would have neither cirulntion nor pecio. Whereas, by retaining its five millions of coin, it possesses a basis on which to issue twenty million with safely, whenever specie payments, become goner al. We further learn Hint fho effectual moastircs have been ndoptcd to prevent a jtlio a contingency occurring which Would en able the Executive or Legislative authori ty of Pennsylvania to animal its charier. Ball. Jlmcrican. Nr.w Yoiik, July 2. Snmo days ago I wroto you that great political movements wore going on in this great Smtc, which would in timo affect the wholo Union. Every day's observation develops more of these movements. The Albany Regency hns been battling it loud and long, but a conclnsinn is reached at Inst, and il appears in Iho Albany Argus ofSntunlay morning, in tho form of on Address from the Albany General Ropub. Itcnn committee, 1 can now announce that tho Regency nt Albany (and the Re gency of Albany now hold cmpiro in tho Capitol of our common coiintry)hovc aban doned Col. Benton, abandoned the Ex periment," abandoned the humbugs of the Specie Circular, "tho Mint Drops,'' "Hie Yellow Boys," "the silken purses, wilh tho gold peeping nut of Iho interstices'," all, each and all, arc abandoned ! This ad dress denounces Hie exclusive metallic cur rency, as I ho Whigs have denouced it, and in tho very language, ns rclutn lo barba rism. It upholds tho credit system Hunk or that, yo of the Globe tho blatc Banks the suspension law: nnd it denotin ccs, nnd cuts loose from Iho Radicals, the hard-money Democrats, Hie Loco Focos. and the Jacobins of the day. FROM FLORIDA. Savannah, June 20 We learn from a gentleman who left Jacksonville on Saturday last, that a ro port prevailed there that Sam Jones nnd Powell, who, it is said, are now at the head of the Micnsukies, hold a Council ro crntly near Lake Monroe, and coiidemmcd Micnuopy to death, for having signed the Treaty with Gen. Jesup Micnuopy was. pursuant to the sentence, hewed to pieces by Iho savages Tho sub chiefs, Cloud, Alligator, Tiger, tail and Wild Cat had all been deprived of 1 heir rank, for signing Iho Treaty, nnd reduced to common Warriors. Wo learn also that a party of seven In dians had visited the plantations of Messrs. Clark and Rollins within seven milea of Nowiinnvillc and commenced, cutting down the crops of those gentlemen, wht being there alone, (their families being for innately absent.) immediately proceeded to Ncwmansvillc We fear that this is but tho prelude to another disastrous summer to bo encoun tcrcd by the inhabitants of bleeding Florida. New Orleans dales are to the 2d inst News had just been received from Havnn na, that Governor Lacon hail been ordered to Spain, but the people were opposed to it, and that they are on the eve of a revo lution. The dates from the ctiy of Mexi co arc to the 2Gih May. The Mexican government has issued the following order: Art. 1st. The Government is hereby authorised to compromise the claims which the Government of the United States has instituted, or may hereafter institute and those in which they cannot agree may be submitted to the decision of a friendly pow or, the United Stales of America agreeing thereto Act. 2d. The Government is further lpreby nl,i hnrirail that in enso Hie United .. . .. . . . .. -itjinipsoi America stiouiu retuse lo ctve the satii-faclion which on our part is duo beyond the term according to the treaty, or in case the open aggression should con tinue, which hnvo boon commenced, to close our ports lo Hie Commerce of said nation; to prohibit the introduction and Hi" u-e of manufactories; to point out n period to conHimo or export those already 111 the countiy, and to adopt all the neces sary means to effect said measures, and the safety of the Republic. Rochester, July 3 The Oneida. Bank Robbers. We learn from Capl. Suihor land of the Taveller, thnt in answer lo a requisition from Gov. Marcy, Sir Francis IJ. Head has authorised the removal of Harvey to this Stale. But as n civil capias was served upon him before this order wus issued by the Governor, his removal is pro hibited for the present. The debt alleged is for real estate purchased, for which Harvey stipulated to pay 2fi,000 His arrest produced ns thu arrest of oil groat villiaun produces a good deal of ex ciiemeni. lie had in his employ a great many laborers, who openly proclnim their determination lo liberate him if his remo val is uttemplcd. But as John Bull has a very expressive mode of nucllinr riots, it is doubt fnl whether theso threats will be put into e.vicu'ion. Itisiud Hint an accomplice of Har vny's has been discoveredbut not arrest on. ins mime or one 01 11 is nnmes is Morgan; nnd all who are desirous of doing something to secure tho execution of ins lice, will boon tho look out for a man with pait of one of his ears chopped off. Harvey maiiiiiiiuod n sullen silence. At his nrres-t, ho threw a pocket book away, winch contained some live or six thousand dollars on tho Bank of Rome. All who have seen the man, nnd henrd hi" exnminn lion, are confident of his guilt. Democrat. Fiom 1I10 Itiuliinoml Kmpiirer. DEATH OF NATHANIEL MACON Thu Wnrrcntown, N. C. Reporter of Saturday last, comes shrouded in mourning for tho death of 0110 of the most virtuous and illustrious men, who graced our coup trv. The Reporter announces tho melan- cholly intelligence in the following simple terms: "It is with feelings of deep regret wc hnvo to announco the death of Hie Hon. Nathaniel Macon. Ho departed this lil'o nt his residence in this county, on Thursday morning Inst, iho 29lh June, in iho (13d year of his age." Thu whole nntinn will sincerely share in this deep regret. Mr. Macon wns one of thosn patriots who fill a vast spaco in the nation's nyo. Hu wns n long timo a mem her of Congress from tho stnlo of North Carolina. Ho was in Iho House of Rep. resenlatives 111 tho trying crisis of '00-09 mid for many years nftcrwnrds. He was once Speaker of tho House nnd ho subso qiiently served as u member of tho Senate of tho United States. At all limes ho was tho firm Republican the pure Patriot excellent citizen tho honcit man. No Jnno ever more completely realized mo ele vated character of tho Homan pool, "Jus- turn el tenacem propositi virum." but we forbear wo leave il to abler pens to do justice to Nathaniel Macon. Ho wns tho bosom friend of Jefferson and of Madison no one was more devoted to him, than John Randolph no one had formed 0 loftier opinion of him, than he did upon tho most intimate acquaintance. In the paper which ho wroto for his last will In January, 1832, he leaves tho follow, ing mcmorablo tribute in honor of his friend , "To Nathaniel Macon I givo and bo qtioath my oldest high silver candlesticks, my silver punch ladlo with whalebone nan die, a pair of silver cans with handles, nnd my crest engraved thereon, my Hard metal dishes that have my crest of J. It. in old hnglsli loiters ensravcil thereon, also tnc plates with the same engraving, tho choice ot lour ot my best young mares and gel dings, nnd the gold watch by Roskcll. that wns l uuor s with the gold chain; and may every blessing attend htm, tho best and purest and wisest man I ever knew." New on Boat the Hudson. Mr. Bur den, of Troy, has built and launched a new boat designed for tho navigation of the Hudson River. Tho hull is 300 feet. length, and of tho ordinary width of mod ern built steamboats of the larger class and quite sharp at cither end, Its pecu liarily consists in its being entirely flat at the bottom having upright 6ides, framed with light timber, lastcned together cross wise, forming at once a substantial frame work for the outer covering, nnd a support for the machinery and the upper deck. Its expense is trillingin comparison with ordi nary steam boats, and has all the room bo- low generally wasted in symmetry of con struction. It was launched sideways, its broadside taking the full force of its pas sago into tho water, and draws only 13 inches wnlr.r. FRIDAY MORNING, J U L V 14, COUNTY CONVENTION. Agrcablo to the call of the committee a Convention of the Whigs of Chittenden Cnunty assembled at Willieton on the 10th instant, and organized by appointing John Johnson Chairman, and Asaiiel Nash Secretary. On motion, a committco of ono from each town was appointed to pre 6cnt a nomination of Senators to the Con vention, and a committee of eight to pre pare business &c. Tho committee of nomination retired and after a brief consultation, came in and reported to the meeting tho names of John Van Sicki.en, Jr. and Harxy Mir.i.En, as suitable candidates for the office of Sen ator for tho ensuing year which report was accepted and said nomination unani mously concurred in. The committee on business reported iho following resolutions, which, after some remarks from Messrs. Heman Allen, J. N Pomoroy and Wm. P. Briggs, wero unani mously adopted. Resolved, That every day's experience adds strength to tho conviction thai we should act under the influence of the same conscientious regard to duty in politics as in other matters, and (hat in proportion to our departure from this great principle do we endanger our republican form of gov eminent. Resolved. That the present olarmin distress of tho community, arising from the deranged state ofthe currency, is as cribablc to tho experiment of tho Execu tive, conceived from his enmity to the Bank of the United States, becauss its integrity was too stern to bo made the in strumental of political influence for tho support of partizan policy. Resolved, That a sound and uniform currency can never bo created by State corporations, but can alone be secured by a national bank, organized with proper guards and securities, with sufficient cap ital to overcome local pressure nnd em barrassment and check and control the over issues of the state institutions. Resolved, That wc disclaim, as a slan der, the appellation of "bank party," and that it will bo found on examination, that to our opponents is to bo attributed the creation of a great majority of the banking; capital of the country. Resolved, That banks, to a certain ex tent, arc a public convenience, and that we'approvo of such institutions just eo far ns they are productive of public benefits; but thnt wc consider them odious, when created and used ns private engines for for accumulating wealth and power. Resolved, That in as much as Iho po litical quacks of currency have doctored us out af an entiro orop of Cotton and Wool, our only hope of relief must now bo in ad ministering to them tho lobelia of the ballot box. Resolved, That wo cannot but congratu. late our follow citizens of Vermont on their success in maintaining hor integrity through tho past political strugglo, and on the encouraging prospects which open upnn us for tho future, Hon. Heman Allen 6iibmittod the fol lowing resolutions, which wore unanimous y adopted. Resolved, That we will uso all honor- nblo exerlions to cneuro the re-election of John Van Sicklcn jr. and Harry Miller as Senators for tho County of Chittenden RttolveU, That wo hnvo full confidence I in the ability, political integrity and moral worth ofour present Governor, Lt. Qov. crnnr and Treasurer, and do therefore, as the sentiment of this ennvention recom mend to tho members of the stato con vention to bo convened at Montpolior on the I2th inst. their nomination as candi dates for redaction to the offices which they now respectively fill. On motion voted that tho proceedings ofthe convention bo published. JOHN JOHNSON, Chairman. Asaiiei, Nash, Secretary. FmE. A small tenement, near tho Lake, owned by Capt. G. Lathrop, and occupied by two Irish families, was burned down on Monday night. No insurrancc nor any loss; as a desirable lot is thus freed of a very serious incumbrance, and a purification effected which nothing short of fire could accomplish. James Southard in the days of his glory, when he controlled the elections in this town, owned and oc. cupied the premises. Maine. -Tho bouudary difficulty on our Eastern border is assuming a menacing aspect. An agent of tho State of Maine was lately sent into the disputed territory for the purposoof taking a census of the inhabitants, when ho was forthwith arrest ed by the British authorities and com milted to prison. In consequence of this high handed act, tho Governor of Maine has issued a millilary order requiring every citlizen to hold himself in readiness to obey such orders as the public security may require. So it seems that after all Gen. Jackson's bluster about this question, it remains just where it did in 1020, when Mr Adams was turned oul of office for even treating it as a subject for ncgociation. But in this, ns in the West India trade, and all the other leading measures on which that election turned, the pcoplo hnvo been humbugged, and are now recompensed with a glori ous experiment. More Rotation, N. B. Haswcll nnd Truman Chittenden hnvo been nominnted as Van Buren candidates for Senators in this county. Counterfeiter A fellow calling him self Marque, nnd hailing from springfield, Mass. was arrested by S. R, Brown, Eq. on Monday, for pnssing counterfeit mnn ey, nnd after examination committed for trial at the August term. Tho Cuunter feitB are upon the following Banks: Eagle Bank, Boston, J2: Bank of Balti more, glO: Amherst Bank Mass. gj Farmer's Bank, of Rending, Pa. gjj Bank of Pennsylvania, glO; Charles River Bank, g2; Bank of Ithicn, J5; Lansingburgh Bank, J5. About 2000 of this money was found upon him. Jacksonism has reduced ns from tho best and most equal currency tho world ever saw, to nothing better than irre deemable bank paper. We invito our readers to witness the progress of Jack sonism, in the following article from the Sprinpficld Republican, which is worthy of attentive perusal : Basks. We have lakrli same piin in rnltcct accurate ildail.q upnn tlie nlijcct of fi.inkinij In. pliliiiiiins. We luve alrp.nly suited llie number of B.mki in ilie rniiutry. Wc now give belmv prime fiirilu-r views, in a form, from Secretary ll ondbury'a Report, 10 wn, t lie number nf, ami (lit! amount of Banking Capital nt ceitainpe rioils of our liistorv : Voir Untikg, 11 S2 75 83 203 246 308 829 r.ou C78 CS9 623 Capital. S8.93o,000 23,5."i0 000 40.493,000 42 010.000 82.2.-.9.000 89,822 42?. 102,210.011 Ill,l92,2fi8 ITfi. 123,783 193.fiSl.nfil 210,873.293 1792 1801 1P05 1611 1815 1SIR 1820 1830 (O-1834 (0- 1S35 (K)- 1S36 (O- 1S37 37S.42l.lfiS The four first neriniK (1792-18011803 and 18111 cover ilie wliolo duration nf ic first 1 Jni icd Slates Hank, 'i lie charter of ibat in'litiuioii expired in 1S11 ; and tberc were ilien 83 Stain Banks. The second IJ. S. Batik wag rliarlerrd under Mr. Madison, 1SIG, In llie live e.iri 1I11I intervened, beiuccn llie expiration nf ilie first Bank anil llie cliai lerinij of the second ; llie Stale Banks bail increased from 83 in 210 lieini; 152 Krnm IS1G, die date nf llie pernnd U. S Bank In IS30 when Gen. Jackson commenced Ids rignrmiri titlarks upnn il lieiiii; a period of 14 uri Bunk innreiii'eil only fiom 2 1G lo 329 beinj 83 an average of only six a jcar. I'rom 1830 in ilie present lime stven lenr ilio Stale Banks increased 491 ffrom 329 in 823) bein; an annual average nf more lb in seventy. Take another view. Fiom llio Revolutionary War In the veir 1830, the number nf Suue Ranks created was'329; fiom 1830 lo 1837, 1 lie number created was 484. In oilier words, llie policy of Gen. Jnckaoii mid Mr. Van Buren lias gien In I lie cnunlry more State Banks than exited in the whole preceding period of our history yea, more by 105. We besr the reader lo examine the tnrejnin? nffi. clal inble, funnelled by llie Gmernmcnt, leifitiely, nnd to draw hid own conclusion. Let bim notice llie fact, that in 1830, lliero were but 329 banks, nnd ibat there are now 823 and i lien let bim won der, if lie can, at llie condition which llie country is now in One of tho Persian emperors married his own sister, but having 6ome doubt of the propriety or legality of such a connexion, ho referred the question to tho judges of the kingdom, and asked their advice in the premises. After a very grave consultation, they finally reported to his majesty, thnt therowas, to bo suro, no law of Persaia which permitted a brother to marry his sis tor, but there was ono which permitted the ''kinds ok Persia to no WHATEVER THEY THOUGHT PROPER." This is tho law which General Jackson found in our statuo-buok ; and for eight years he acted up to its spirit and letter. ll'3 famous Protest claimed ns much power for the American President, as tho Persian low in iho understanding of tho Persian Judges gave to the emperor. These judg es, wo imagine, woro about asaccommnda. ting officers as Mr Attorney General But. ler, and quite as ready with an ''opinion' for all possible exigencies. But the success of the Tories in their claim of power for tho President has em boldened them. They now openly nynw thnt no Executive officer in tho district of Columbia is amenable to any legal process: Ihal tho President by tho exercise of his power of removal, con render himself per fectly absolute, and dispense with all laws whoso exaction he is disposed to resist. According to Mr. Kendall, tho President can place himself above Congress, and above tho Judiciary ; and defy them both, under tho pretence of an appeal to Public Sentiment. This public sentiment is of course what the Will of tho President pre sumes it to bo ; and can be easily modified or manufactured to adapt itself to every nossiblo case. Thus in Mr Kendall's view, no legal' process of any description can bo enforced on an Executive officer, if the President in terfere for his protection And why not Because the process nnisi bo executed by the marshal, nnd because the President enn deprivo tho marshal of his office. Mr. Van Buren, for instance, contracts personal debts and refuses to pay them. We know of nothing in tho constitution that exempts Mr Van Buren from the payment of his debts. Or suppose a still stronger case. Suppose that a Piesident had committed any gross personal outrage ; that he had deprived an individual of his personal liber ty; that he had maimed or murdered one of his subjects can il be pretended thnt he is privileged to arrest, maim or murder without rcsponsib'luy or rebuke? Suppose that Preident Jackson had ordered the ar rest of Mr Poindexter. when ho suspected him of being ncce.-snry lo tho attempt on his life : or that he had imprisoned the ed itors ofthe National lntcllig"ncer in tho cellars ofthe White House, for an alleged libel: would it have been impossible to frame any legal process by which these in dividuals, illegally detained in custody, could have been liberated According to Mr Kendall and Hie Tories thero would have been no remedy. For in Mr Kendall's view, me I'rcswenr cnuiti navo uismisseu the marshal, and deprived him of all legal authority to enforce tho process of iho Court ! This then is Iho Tonv doctrine. It. goes all lengths for the Executive. It makes all other powers powerless. It st rips Congress and the Court of all author ity. It makes tho American President ab solute sovereign ; with full liberty to tram ple under foot tho Law and the Consti tution To prove that wc do not misrepresent Mr Kendall--that he sustains to their lull extent thec abominable notions of Exec utive absolutism we copy the following paragraph fiom his reply lo the Mandamus of the District Court : "Suppose ilie laws require a specific net of llie I'resiilenl liimself, invohins ptivate rights, nliirlt lie refuses lo perforin. The conrn have as much law for is$uii; a mandamus against him as against any nf his subordinates in a like case. Il is a enre, ns much as ibat nf which llie Conn has already assumed jurisdiction. I'lie President disobeys their mandamus, and lliey semi an attachment, Rv whom do ihev send il ! Hi) a Marshal holding his office at' the tuill of the Prtidtnt, who CAN STniKK THKIIl PKOCESS I) K A O IN HIS hands, bu diismisii"ir him on the spot. ThU fact proves the abmrdily ofthe power assumed. And that winch iie I'lesiuent can legally do lo protect him-elf, he can do lo protect any of his agents, btint; always responsible to his countiy for the proper exercise of his power." "Being always responsible to the country." What eort of responsibility is this? How is it to be defined ? how limited ? Is it any thing more or less than the authority which permitted tho Persian empcrnr "to do WHATEVER, HE THOUGHT PnoI'EIl?" But Mr. Kendall is met at the outset by posi tive Inw. His counsel undertook to broach tho same heresy before tho Court. Mr. Key claimed the same power for tho President- Ho too said Hint tho President' could strike the process ofthe Court dead, by dissmissing the marshal. Here was a professional man a man we believe of some reputation at tho Bar prostituting his talent in the advocacy of a principle so utterly abominable, nnd so subversive of all constitutional liberty. He also had found a law which permitted tho President to "1)0 WHATEVER HE TIIOUOHT TROPER" and throw himself on his responsibility to tho country. But Mr. Key was signally rebuked. His heresies woro at once nullified, by the pro duction of an act of Congress, which au thorises the Marshal or his deputy, to txt cute every process that may be in his hand al 'he lime of his removal from office. Thus it W not in the power of tho Presi dent to shield his subalterns in the viola, lion of the law, He cannot destroy a sin gle process by tho dissmissal of -the mar shal. Tho President cannot contraveno tho notion of tho Judiciary by tho removal of its agents. He cannot obstruct tho course of justico, and protect himself by an appeal to tho country.

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