`~±::~~
TERMS OF PUBLICATION,
On the cash:Stem.
The_Miners' Joutual will :a ft er , e of January
next, oe published on the TolhAvlng hams and eondb
home: •
Yarpne year, •
-kw. •
ePhreesiz' months,
'; . ,
Payable seihi 7 annuitllyin advance - tiy tboseWrhiv
*tide „in th e countv-nt aripually advaace tky*iie
whe le - fide:at a Zistartm - ' - ; ' - _
Kr:1 1 / 4 - c4per be-.4xxit uniesi 'the. ;84sciipti - on
,s paid imado*ce,.- , •
Five donate in., adeance will Fi l o . skr three , ]eats!
Otr.Paperia.detii-ered: by Mae, P-sit Bider vill
Charged cents extra. . , •
TO• - "ADVRRIIStitiS • •I= I
AdOithientenisnnt exce 'era sqoar af,twelve
' roj es* in 6, c u rg ed..t3 114 r ihreeitifititioefr,i• and 50
cents fur one insenian. Firelu,Citf,ey tuider..2s.centa
' fOr each insenion., ready . dilviiitisers wilt he:dcalt
widt on the following imankr '.' .. 1. '7 - •,., - -,,...: -•
d ie c o un i n ,...; :$2,01 Tiito.midares.:.... - .sllo_ •
' ,Three.fourthn do.:l . - 14.1 the:: 4 do. •.. .•...'... 46 .
,I lalfeolu inn,— :.. J .p,.] Ettsinesecatds t filines, 3 .
. .
~- AO ailvertiretrientii must nil@ for in ad vanepon.
, iers anaccotitif is ef ed with ttieadvertiscir. ..
i l'he charge - of TA kants - wi II be. filCrper annum;
fi
iiith - the,priviloge_o jeeping, oneadvertiseinent not
• cicvding one' •stina eshuidieg "during the ycarand
inserting a- smaller - ne, icretiebliaper: - Those who
veenpy a Inteesim e will treptiargeatextra.-. .-'
Notieesfor Tavq. Licence,:s4. - ' --. •• . , ',-.- '-:
. All notices for.lll,eetings and proceedirgs ofiattet 7
via not conildered 6f general interest, and many °Ili!
, cr .. Rotices ?which !laic . been i alerted , heretofore gra
.thetwilalyptwiitthe: exception,: j . cif.„ Marriages'; and
,dftitlis,'lvill bezliarg ad as adVertisenients. Notices
oft:Maths, hi which' invitatio - oie •filo - esietided.to. the
. r,ietidii and relatives °film dcceasint toatieud the fu.
'weal Will.be. 6harged oat adieliiiseinenti. . . l' --' •
, - ,
gPEECII - op 11,ENUY CLAY I:
410 Trstical in Kentuky, in reply, totoast
42"..
fit Wm hilhor, ihosf eloghentlj prefacid. by
_Jude
Robinson:2 - - '
Mr. CLAY. rose and 45 1 : 341° ‘"
President,
was givenitcrour countrymari,-Fiinial, ;
to 'bring Own the - lightningfrOrn Heavens. - - ITo
enable.me to be heard bp, this in:Miens° multitude,
I Should- have to irivolre to my aid, and'to thi'Ow
intorq voice its loudest thunders: Alia cannot
'do that,l - hope I shall be excused for. such an troe
of my lungs as practic:al and riot inconsiStour
with the-preservation of my health. • :And I feel
that our first duty, to express oar olligitimis
to a kind:anti hountiful-PrOvidenee, for - the copi
ous and. genial: slrowers - withwhich bre. bask:int
blessed oneland•—ra refreshment of which - it. stood
niOfh in need. p . m one, It:lfni:to Mita
ble' and xlutifnl , thanks. The inconvediplice ti
- 11;, on , thishove . occasion, is very ; slight, tchile
pad& these tiraely*tins
produce is very greal.anducouraging..,,
. ,
Fellow citizens; I "find myself now in a situa
tion' somewhat like was placed in a few
yfars ago -when travelling through' this State of
Itulianix,-from• my friend ( - Mr.• Rariden) .
near me comes::: stopped at a village, contain
ing some fair or five hundred inhabitanticand
had scarcely alighted-before Y found' - Myself 41n ,
rounded in the-liar-room. by every zuhrit male
-resident-of the place. After a while, I ; observed
a gtoup.ci:insulting together in one corner of the
room, anclsh&tly atter, I.Nyas diffidently approach=
cd by one of them, a '4ll, lntik, jean; but sedate
ii:ml sober looking iierson:viith, a long ?ace and
high cheek bones, - who,, addressing said h?
was 'ciniamissioned. by .hissiieighboia, to request
that I would say a few words to theUa.- Why
my good friend, said I, 1- should be very happy to
do any thinagrntifying to Yours:elf and-neighbors,'
butl am very. much 'fatigued, and hungry; and.
thirsty, and I do nut think,tho occasion is i;xact-•
lv suitable fora speech,. and I wibh you' would
olcuse me- CO your friends..,_ Well; says fiei Mr
Viay,-I confess I thought,imMyself, especially as
we have no wine to offer you.tchdrink.
New, if the,wortliy , citizen of judiiina was
right in} supposing, that a glass of wino was
liccessiry. preliminary,: .and a precedent condi_
non, to the delivery °fa speech, yowhave no just
right. •tcreipect-rnle from mo at 'this time;, for
during the sumptuCilis repast frOm-whiCh we have
just riven, you offered me nothing tedrink but
cold water—excellent water, it is true, from the'
claSsic fountain of our lamented. friend Mr.
,
Maxwell, which has six often regaled us on cele
brations of our great aoniversary.. , 4 rdieat laugh
ter.] . • . • •
.{ protest against any interference of my being
inimical to the Temperance (*MC. 9n the con
trary, I think. it an adrnirable l Cause that has done
great.gocxl, and will continue I to do goiml, as long
as legal coercion is • not-employed, and.jt rests
exclusivity upon persuasion ; n'nd its own intrin-'
sie merits..
• , - .
I. have-trat,ihrf rcpugnante to
speaking.iii, the -operr,air to a large a'ssemblage.—
Hot whilst the fitcultY of Speech 'c'estiains to - me,
I. cap neiter feil' that rePtignance; nay& feel other'
than grateful scrisations, in making my acknowl--
ctlzcutents - - Under. such circumstances as those
which hallo brOught us togetlicr:' Not that I aui
so presuntiptuoui as to hclici(that I base been
the'oclmsiOn-solely of collecting this v3st. multi
,
AinOng 'Aka Inducements I cannot help
thinking 'that the fat.wlaite. virgin Durhatnilcif - er
of, my -friend' Beriyman, that cost' SGOO,
which has just_ been scryetfl'up, and the other
good-ithing:s . !Vhich have been so liherally spread
before iis; exerted some influerMe, in s swelling
thi.4 unftrccedcittly large Meeting. [Great
•.
tcartUot hitt feel, Mr. President; in ofrering•my,
respectful acknowledgments l'Or the honor done
me; ire the eminent addresg which Yon hive:,just
d and• in' this selitimenis with- which you,
concluded it, that your warm partiality, and the
fer.Neril friendship which has, io Idng 'eNisteitbe:-
twern 317, and tha kindness of my neighbors and
friends around ine,,tia.yingliromptedun-exagge'r
sted 'description, too . &wild-Mors, of My .
public- services andMy poor abilities. •
't
seize - the opportunity to present iny.ll6rtfelt
thanks to4he whOle people of Kantuek?,itOr. all
thelligli honors and distinguisht.dtfaVora wlric
have ieceiced, duringa long redence, with them,
at their hands, for liberal patronag,el Itae're
ceived from theta in my profiaisional pursuits, fcit
4 •^',ercilient places in•which they have put' me,
„ ena l l t e d „ aetc , it ;;:::,h,j forth,, getrrousand un
-boirtled -cuniidence which ,-they 1 " 1 •Y °
'best wed
ilium 'Me, at all tithes ; for'-itris ;gallant and un.
Sweriiitg fidelity,: and attachment
- 'with' which
they . stood by me, thronghOut all.the trials and
an.nieritful and arduous life; and,
above all, for the scornful indignation with w I
thew repelled Winfamous calumny 'gircc
gainit . mY'minto and Lme at a momentous pc od
pplic . eareer: In'recallingtoonr Merlitoy
.thnciredinstances of that period, one cannot
-but
14 . filled with astonishment at'the indefatigability.
44vith'which l the cahirr:rty was propagated - and the .
zealous' partizanAtoe . to which it was apiNed; not
only without evidende,! but in the a- full
- comPlete refutaluma. iindei whatever de 7
cepifise, - delusion or * ignoranie, ,it was received
elsewhere, with you, My friends and neighbors,
and with the good'people of Kentucky; it recoil , .
ed • - no, countenance, but in proportion :tcr the
veaom and the malevolence of its circulation in/
the':viior and tke magnanimity with ; Oich_l was
gPriorp`osly .supported.- Upheld briar OrmatiOus
-
lies of in - Justice of ,the charge,:lraliould 'have
borne myself mills becoming fortitude,. if -I had,
been af,andone4 was:lby so large
pertion of ;ley- count#lnekk; :but to have hien
sustained and Vindicated as I washy the IpeOpfe
of my own State; by you' who knew me best, and
whom I had 'so, mixiy..ecasoruitil hive and esteem, , ''
greatly rcheere ; d "and encouraged ine M my award
pr9peaF. Eternelgratittide- and 'iltanka ez.ei ctueJi
„
fricudif ana
"Or dictil miiiil4l etiettigiiia6 -ritiOnof
REM
NNE
Pin
S2MY
lIM
RIE
VOL'::::X.VfIL
me tlitsilay ; and for the ezeeJlence nitro:l4nd;
ance of the pirbeeue'.,that . ho ,beenProvided,fOr
'our entertainment... AndLthank; :ftain'tho bot 2..
torn_ of my.lieert; my fair countrywomen for -hen !
;thing and gracing and. iddir4 - bi jiliiney to ,this_
occasion,ly„their numerotis attendance,'" . 1144,
deheney, iiihkrefinemeni i,ftheir teX. will riot i 1....
ii:(w.tkielm to pairia lie rotigher scenea ofhuman.
life,, whtuay. be , sure -that Wlicheyer,by.their pre
tence; their,smiles anaapproba!ion eirelestery4_
it is no ohlinary:. Occurrence L .. That.prtwence is_
always an. absolute ' 7 g.pareirty , of
, order,, decorum'
and respcet. 'I takethe.greatextipleasure in,bear 7
ing testimony to, their value and their - virtue:.: I.
lave, ever- found _in : them trite , " and ,'steadfast
Lfriends,zenerously,sympathizing in distress, and,
I :11 Y - ::, their' scoUrageous - fortitude . in •hearing: , it
: ,.themselves; encouraging.:. QS. to: imitate...their
I eXample. . Andrwe.,, a 1 -. !Draw, Mid '4:einesaber
how, - aitilis4i);.they ;,"..!•'. l- P o *-CrfultY aid a great
and "goad cause, witiout any departurn froth ;!he
propriety or dignity of their se=.: o, .• : - -
In lookinglacleapon My 004 and 'progress
through life, I ; have great raciiiiittisle thankful.
•Mr fut4er died in 1781, -leaving mean irifant,,of
too tender years to retain. any recallection of his
tendei . imilesar endearment:,Mysarviving parent
rentovcd,*--this State in 179i'..', leaving4ne; a, box . ,
of Afteenlyears of sage, in the-Office of the ; High
Court of ... Chancery,. in"4li6,city of Richmond,
without, guardian, •withOuil:pecaniary :means of .
,suPpoti; to steer my eoursees- - •1': might or contd.
Ai,noglected education was impo , ol,y' niy awn
irregular exertions, withoidthe :benefit of syStem.
atic instruction. I studied law frineiphllylit r t". 110
oftee.of a lamented friend, t'he late Gov. BrOoke,
that attemei . General-4 Virginia, andolso. under
the aui3pices of venerable and IO ented Chen
.celloi Wytlie. for vhom I had ac as an •Inhart:
11
uensis._ I obtained a license top, etice the•prh
fession from the -Judges -of the Con tof lAipeals
of - Virginia, and established myself n Lexington
in' 1797. without patrons, witholit the favor or
countenance.of great oil - oimlen , without the
Means Of,Payini,my . weeldy b oarti i i , ..,l:Ad , in the
.-
midst of -.h Rarj uncommonly. distmOished by
eminent- members. I remember _ hi rcpproitable
I thought[ should be if rchuld Midip'.£looo yir..
ginfa money per year, tind with' whit . delight -I
vie eved the first fifteen shilling - fde„, -My hopes:
wer more than realized..-. I immedito?Y „rushed
iota a successful and lucrative practice. • - I
In --- -18b3 or '4, 'when I was absent frOin the..
County of Fayette, atthe Olyinpras Springs,
without my knowledge or previous consent, I was
brodght forward as a candidate, and elected to the
Gerie'ral Assembly . of this State. I served in that
body. several years - , and wastren trinsferied go
therSenate, and afterwards to the ilonsoof Itcp-•
resbniativeS of the United . States. - I will not now
dwelli upon the subsequent political events otiny,
political-life, or enumerate the offices which I hive
filled. During my public career,' I have„had bit
ter; implacable, reeldess enemies.- . But if I have
been the object of misrepresentation turd-unmerit
ed
_,.
calumny, 'no man hasbeen . ,
More belnved or
honored by m ore dev;oted, faithful, andenthuskis- '
tie friends. I have no -reproaches;none—to
make towards my country. Which has distinguish -1
ed and elevated me . far beycind what I- hadOny
. ,
right to expect. I forgive, my enemiesi and hope
they may live to obtainthe forgiveness of their
own heara: - ' '
It Wiluldlicither be fitting, -nor. is it my ' Our
pose, to pass judgment o n nil the acts of my;pub.l..
lie lifq but{ I hope I. sliail bp excused for one or.
two observalions,whiclillie , oceision'appears to
me to. authorize. -• ' ••:,: ' ' -'. •-: ~„..
. I never but once changed changed my .opinion mi. any: I
great measuie.of national policy, or on any ; great
nineibl6 of cebstrUction -of the National, Condi, I
tution. In life, on_ deliberate, I
I adopted the principiii.bf interpreting the red,.
eral Constitution, Which itad. been so . hbly &vel-.
oped andllnforced by, hir.lladison, in:lds:mem,
_arable report, ta the : Virginia I.,egislature, andrta
thifillaa I understood them, I have constantly, ad;
tiered. Upon-,the, question coming up-in the
Senate ofithe ;United Prates:to re-charter; the
first Bank of . the-United.. States • thirty years
i.
ago, I opposed the Tretharter,. upon c.onvic
fions which I honestlf entertained .. "Ile.:expe
rierice of the war, which shortly , . the
'Condition into which' currency - ;of the co :nit:
- .: ,
try was :thrown, *without: a Bank;and, rmai
.tlaild, later and disistrous experience,
convmed me I was wrong: .I publicly stated tif
my constitup&sts,in a speech in. Lexington, (that .
Which .1 lies" tnade . in the - House of Representa
tives of the UnitedStateS,not havinglicen report-
_. . . .., .. . .
and
ea,)iby reasons for thitt„phange, they , are
prweived in the arcliKes orthaeountsc I appeal
to that record, and I am willik ',o4oudged not
anti:hereaftei by ;their valblity. • . ~- "-----...,..,„:„. ,
• . I,iyi not avert to the fact of this-Soiltaon
stiinee of chqiige Of opiniOn,• l as ipsplying'anyPeZ
sons rent, but becauielt fs"*; fact: I will, how
ever,'saitbal I think It ‘.ery, perilOus:lo the titili- -
ty.pfany, public fanto make frequent etiangeri of r
opiiii . oii, or any Chartgab4uplin grO4nds iteslsuf.
ficient-and . palpable, that-the_publie can. clearly
- see and appr4zlt t rem. If: ej - .pauld look through
fi'veindOW inte
, . ' ' luman'
.. bi ea...sti—..tu. lAk-
e re
' d'
i 4 *:
coverthecausts r wbic ed-tochange o N p - ' -*on,
they might be made'witho sionl-. ButaslilinpOsSible, tOPentrate the-hurnakteart, atA , is 7
tinguish bet Ween theiiribitei . indllie' . ; , Onesfinci .
fives which 0644 it, any public man4ha '.`etri; , .
-ges his opinion, ones deliheralely, fortried and yr.
mujgated;.under other ', - cts . dean: thos
which T have stated; draws aioiiiiirbirn distrust,
impairs the4ublic cinifidenee, - .o4,les,sens 14's
• capacity to servo his cotintry.
t will take- this occasion now to *say, that I anti
. and haVe t+..eti•long satisfied; that it-vvorihrita`itri
- been wiser,and More politic innie to baits dcedin.;
cd accepting tho office of Secretary of Suit l olit
1825:; Not that, my motives Were not as pure aril
patriotic 'as over'earried any man into titiblia, of.
Not:that the clunariy ., which was : applied
to the fact was not as gross and tuillautided:its
any that WaS''ever proOgated. [kern io*kady
cried out that Itt.r. Caner 'Beyarly,, who, had been,
made - he organ of announcing it, had recpntly,
borne testimony.' to its . being. ,tinfouncieri.'N,lr,
Clay sairit vas true- that ho hid voluntarily
borne such testinkeye - But, 'With great.'eanaost
ness and erriphasis, Tai:ant not - 0-
tlitinny—:here, hete, Yizac, r4eatiidly; touching
Erie heart,; amidst here is the
beat • of all witnislea'
thatvalde friends , 3 csqem; 110
1'
not unite 41 . urging n;iy : .p.exe:r4aiieO of
the, otrice. plotthat.,o,::adniiigaiiiiaii iel,W. -
AdaTtp 3 :will4loC, TPilicerely
- comp* 4,1/U4:that
prudence
- . o:hirmilec!sfierv.
otonomy; purity, prudence and .oikiddifillot
Atutt Mr. Attune was , himself wanting in _any of
;-- • _
=
=
, .
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El
ME
ME
ME
BE
BE
'
BM
Ell
IN=IMEMIM
WE pcLy BY UNIAMENT BANNAN, POTTSV ILLE, SCHVYKILL COUNfi r d PA.
ME
Ea
Elia
100 .4tgn Itunliftwittorl, ;and Apright „!rol - patft.
intcntioo - ,whieh were suited 14 the,nll*4.
citraorditta eaikofrare aid varied at!:
t*lta4rtsovliateirer diiiersity of opiniorrintay;el
- as to his resent Ogee in the Honig); ef,!teik'
. resentatiyes;xand-earidor, ei'ine'Ltio - say- that ;
14e`r0 are some things]ilv!, it ri4clii. l deeply re,
grct,),ifis with no less.treththatAPleamtre4 de
clare. that, during the whole ,perfed.
istrAtien; isi4ttite4'4. 4 .
WAS. nfi - lnap cool have shown a.: o 3 o o'Aevista.
•att.lcht4nt , to the ita great intereitsi
a more ardent disiteitaithfullY .49 discharge his
whole duty, _or brought to his, aid wore useful ex?'
patience and knewledge. than Jee ( did.". Pricier
•acted
with lucre ease, sit - 64404p: "and advatrtago, than-
I did with:that, ingsi-able stna.ittdefiitigalp gen
I will add, that _ jitori-h.;into4 incur prevail. -
ed iii. linfUtaii4et . Waif
• - But liiy ortai,i'n ate,Optint the "niteci",-arefti out
f . - "u m = "atitio the 'poWertif:ifetraction,. oria
the force of !gnat:oWe, find abiding' ith:Mo- Sure,
'a canfidetteein'the::',conseious2:integnly - and Up- .
tightnesi "of_inY" Own tigtives";' , llol' that , igkiar
anee, I had' a remaritable! Mid .laughable eraMple :
on one oceasion:_Whiciii , villt relate r t - -:t Waetrav- .
:Tiling in,. 1820,,-thugla r •l helickiin..Was;•lkitt:• 4 . -
Ylvania. "county; in 'lrirginiai• on : .rriy' return to
Washington, in .ccimparir With' some: "yonrig
friends. =- We halted at nigliteat a tavern, kept hjr, ,
an iged gentleniin; ; Who; I quickly "perceived ;
from the disorder and confusion which reigned;'..
had riot the itappiriess`tO tinier it , wife:` , --Alter A.
harried and, bad Afpor i _ the, old, gentleman ::Sat
: tio*n - by arc; arid 'without hearing inii:iyartfei but
'uride_rstanding that "*(11(1 - friftti_-KentaCky, re
marked thathe had' fonr.iseine In thitt ,State; and
that' he tins very aoriy . thetWere . divided in pol
ities; two being for:Adams! 44;0 .40i Jacksori ;
he wished they were all for . .. Tac k -aim. , Why ?. t
asked him. Deanise,: ha : said,, that fellow Clay
"andi`damii had Ch'eatedJach:SOn'tnit of the Pres.'
,ideney.,:. " Have you ever seen any:ovidence, my
old friend; mid I; of that 1 No, he repliedinime,
and heWanted to' see' none." ; But, -I Observed,
. ....
~, . .... _
looking hiin directly and steadily In the face, sip- ,
pbse Mr:Clay - were to conic here and assure you,.'
;upon ipon - hi" honor, that it Was n vile;caluMnY, and
not a word of truth in it, vionldyen belieirehliel
i go, replied the old gentleman - promptly; and cm:
pliatically: - '1" said to "bier,- in :cenchisicin,f will
YOU be good, enough to."ShoW rnite'lled, roullibr
hint good night. :The next - racirni4 having iii*.,
the interval my c=ame; he came to Inc , full:
of apielogies, j bUtfiat" tone :Put' him' at hiac.ease by
aiiining
,hirri'tlitit- "did not feCi in the slightest
degree hurt oi-Offentiok,with hint. t . .':• - •,: - --....;,.----•
Mr. President, I'have-beeif,itagiseckleettittii.
doe, eftenaCcused plaudit* '',. fibelieie;" IiOW
over, that my accusers , will_ lie gerierlli- found to
be political opPinietiti oilhi - friends of a;4pirants,
in 'whose way ' I was supposed idater4i artd - itWas•
thought ; Therefore;items*: to shoie Me , cisids
I defy my'enlimi4 - to point out any-act or int
stance of soy life". inivvhidli I have sought the = n!-:
tainment , of ones - by disitoivrable'or Unworthy
means. •Dfd.l.display, - inprilitiate;amhition, when
under the - odiMniitration of Mi. - Medisoni. I :de-
'dined a foreign mission of the finst.grride;andatt
Exgoutiva •Depailinent; both:of Whielt loilindli
tenderedia met When, ==rider that of -- hie. She
cessor; ,Mi. -Monroe; I woe first Sin 3i:inlaid (as
no one lnovirs betierthan that siethng - old.Patri-" ;
et; Yorialhart ;Roberti; now threatened; asTthri:pa--,
pens tell US; with earns - Igen frontahsdrice which
was never filled with!rdere honesty and upribts'.'
ness, because he delities • to - be !a servile - instrtb;
meat, to accept a Secretaryship,` and Wa's idtM. , »
wardi Offered I a curie blanche of all.tho'forelgrr
missions? it the epoch of the "election 15p - t137.5;_
I believe that no mit! , doubted at Vii'asliingien , .
that,.ifl had felt it ic y duty to.verti; . ferOone6l
Jackson, he, woidli haVeirivited me to fake ctuirgo
Of a' Department: 'And - such, 'thicloulnedly. Mr;
Cratiford would have"iiime, if behad beeit",elect- -
el' When the Itarrjsherg • COnyention lasseiii;.
bled, the general - expectation was alit tlfO,tionir..'
nation would , be given -nie. It was given4o:the'
lamented liarrisom ; ' Did I extfibit 'eatiadidinai
ambition when; --- elteerfully napfiesaing;' fi•thfew
myself into ,the ciiiii.ias'ami-rnadii every eiertiOn,-
in MY power to insure it suceesa.t,.: Wiati!it-elsi
daiceof unchasteria ambitioninlaid reSign; as
IsebOtly did•rni seat : in 'thti Serrafe,:to'lreaign
the.Dif tatoraliii - Wi*WhiCli ..Mi s elienrieli had "so
kindly InVeited me; and, curi.; hoinek:bithelniet .
walkS 'of pri'vate .. life ! - ' - t-f- -4,-T. '. -, ;-:" ' r .•..
But I om,` .. l.kinbi fi ensbecausei4ine;of My tOun
tryriten lave Seeir"fit ' ire , ;a4toolitill-;rwitairilF with
the: succession .`o . the Presidential• .. oifiee. "Do
those who prefer "the ebargejthow what ihave.
done or 'not ihtite;:in connection' with that °Neel.
Have they given,
tie*elvci'lliO2triuta.. ti'in: '
quire'a all info_ any' agency l ef- ' m — ne' respect"
1i I' I bliete„ot:.' It ii a iabjeet'Whieh I.
apiaoa
7wldi . iill gio.'dclicity Whiell,belOuge.,te
.It - ; and Wit due regardto the dignity of theei„;
•alieclatationb "of which I shall, atthe: - Saine
thue speak to you my "ends,andneighborit",',Wiih T
out reserve; and with`f4niitfun4 - caiiilnr.' . :-
I have proniPted none Of jiosel - riiiivemehti a:
ma g a ep people iwiicl we have se necounts.
Aiffr as I nin concenied,theylire:
-alb - awe - titer
"lpontanechts, and not eitly:withent eintert . witti,
glib, but m=ost ,generally, , Without any
viols knoWledgci"im my part. 174 4 01zi... am '
fur and' 'gratefel-I:_profentidiii
gt ttefitt";ttir :.these
! , , estations'ef, terifiderreeVatia.'atittelinent, I' .
will a' - onceal nor deiijr, : i' z llitttiti&dbeert, and
mean to:re!,ain,o, pnsaiv. ,, ,‘ilfiacit4itdiffere,nt' spec:-
Lifer.' thava - iet - ! . a 4 tiliaa . , - .:61' filk and.seen''.
enough of high •cti :u4iaiiito'ciiilde itialust:
r-iy.y ! Lappibciitti s theifiriil -,, IMit Careii - ;,,`thisir re:.
spensibilities, their ceaseless '.d . 's:That":eiti;'.'
1 intitOtof their Offarthint - nliersontd po' point -triour,
would restrain - tiro from 'welting. to SII 'One;
.ibi_hithestof MOM ; itt"nz 45:arable: of " 4 1 0 6 • '
ts u
it..w3shl
1 sue,With.Politicab opponents, much less with pa
Utica! friends. That I Ithonirlfeel , greatly honor
ed by.si call frame majority - of - the People of this
-
country, tcr dui highest '-offiess '.- within their gilt, •1 - • ,
s, not deny ;, nor if priy health wells preserve 4;
might --pal at:liberty to declito. a'snmmoni. so,
authoritative - aid conitnandifig. - , 'But , I declare;
Mest'solemnly, that havo; - ;rtriti`up:to: - .this mO.: ,
moat;' determined'. Whether 'Wilt Consent to' the
ufe of riay naiad or rintas a Candidate tOthli.,:ohiet
Maiffstraey„,:. That ." iii ti , ..':graiis questioa,.which
iiiiata - bedeolded by -Oil attniniblelights;:lvhich
'Uthini,iahot it - eirisitiif yet telarl detided*atiflir •
decision OtWitlch I Tresetra to-histelf, - *.ctt,'rta I'
,
. . .
Aoipiertra;;it,, until theROL. tiliAtuivt4r On 4.,
- ' - led 'That'llerio ' t o ot;' ' 1
ittiedit. , to4 o ' Oct v s; , . .., ~. Ilt i ! " , ? 5 . 4 ~
thinlis'''7o ll TAxilic."'.:V* l4 _4 ol, : St.c.i,to -
survey 0rt110444.0T91410 should be 4e
state of pablia oittAti properly 'Aortaideref,-,ond
inil
', , .. , g-"•., .. _.,_ ..
SIM
ME
- ,
JULY":- 'IV A. 842,
„
,t'r4 ~. mow.
_.
_.__.-'~.~-~ s " - _ ___ __.
RES
Mk 24
MI
.
tiL* 34
announctn~,zS'ctittree,of conduit ror ,myself, it is
. intra[i,lapooasarYin
opinion
!'whareveiri,epO ..thoSO.Pntinill'-i 3 inietnents which:
, tirade or: may be coi ; templated; in re.
have
sped to tire nos tcelectiOri l''; : eitilunt of the
United Btetes,?'.., •
,If icr. .- halm nerved itty
anv - uns i L iik en
[Mrite end
by a l . 4‘ tq l t
`.-tiiislY.6.7,evert;:th3.embarrisnment:und diat rfs
which now overspread this ' Union; and when
they =came, to•have:, -- eXn'iti.i , 'myseif anxiously, at
the xtr~ Session Tikih.l?;.lS'!-an-Yise'&aling
iemedns.`; i t plh'eve ; •diiirOd
tay;aiid:reforrn irf:the geherniitihninistration, cur
• tail and .amply Pro'.
pt the Gay,.
Waiatit - ei.the'keople by a Tariff
which would givtf ,it revenue Hurd theMproiedtio*
,',Caineetlytionigh( . to -* Otahlisk
bright but - tcon - , rare,f,Ciareplerif a party in pciiver,
faithful ; iri lte,pr*iti4atid_p[OgP.triade when
out of IMvrOf;:744llo3(3.'..*i.vl,oo,!o.4ertions and
endetivori-justify L the niciifetion reit :ambition;
I hate wishedithe-goodop#tion: of the world;
.butialefy- the meat 'ataligrtarrt'or tnY enemies to
shott,thati. have attempted Id gain it by any lovi • -
or 'grovelling -aftalhrany unworthy sac
- riffcPi th - tr'OlattolX of any Of the obligations .
of, donor, o r by :a breach of.-.4lny. Of the dutiesi
which • '
:I• F p Frk , Orio personal ,all ‘Wion's end
reminiscences; to theTvastltalure important
leet:titthe, present. actual - Condititut of this -coun
try. -. if tboy:couid. - -4ver be justifiable or excuse
, blo[l::tryould be u iuchad gccSsitiq,as this, when.
L 174111, addressing „: those to Whom - am bound by
no,ipoly:lntittiate and
In epeef<ing of the pfesoof mate of the Country,
it
- will ho neaSisary . ..faCMotO'tencit with frledem .
M the '
present k aird74ort,tifel.:§ialt4,ipirit and
plea; of partte&:io . .dOiriPtii4intsurn,iny damp
cratiebrithien itrid-_frikow:.*:etiiiiof whom I am
tOld.there'Xtrermily prettentikand I tender them .
Pity eonliat thanks 'fOs lli<e,nor . done, me by their
..ettendenOVEne-this. , :day,,!!,o6 tie..much sincerity:
'end Ottani.. pe ti,:th'e.Y;agrepyrith me in
cal:sentitni:Mtil'thatAtotbinm is farther from my
tentiont~an(to;sa~ one single word that ought
. to.Wounkthetr,foing.s*r.ityp: . offpnce to thoru.—
Wern.a - Pariod in the pro..-
..greiAfiiiyTeopt4c*4 ' hreit tili,xverst ;ailed' , upon,
tvitycatunnpinan'ectildOe - 10 Matisider..thotough- -
li,thp...,reipit 0366, of public :and ••private affairs,
sail el p liberatalyt to, inquire_ ; into causes ;and
• 4krkii! imipplijs o l44 644.1,• of thine. -;y"
• fitt*irriiiii that Sa:this Uniteit,§pos,
beundbyihi3 highest'
-dollen - 6 .thiesedieli:an s ifie:lheir<presperity to
;sacrifice,. Upon the altar of theft untry, .cherish
ed party prsiWetionS and antipe- -
thiee, we aritix_icrlled!upon that semi
ftee.--if.npoessary- -; _ ,
`- What is our lacteal, condition ! lt is one of
'.,iniexampledlistresi and embarrassment, as uni
ifer#Blo it.is intense, Perviding• the whole corn-,
munity,sirdeparMg none. ,Piopeity of all kinds .
tend eyery'Wherr (sliest and falling in value; ag
riCulturel,prsnitiee Of, every deictiption at the *most
:iitiucia"prietti; , naolie s i• unsound and at the same
' - . '
time:scarce; ,_n ecoming more,scarce by prepare
'.tieriei.of ricnillniul..S4 uncertain issue, to increase .
its ritignitneas; all the dopirtmeuts of busineis in-,
edible ',,lind - -AlsOltilt i t' -'exckenges ..iextravagently
high;l 7 anit..t (Instantly Iluctuathigi credit ; public
. afidPily_atOrp.M tune lowest cht!,..o Con fi dence last;
_ant; a fiiellarr utigeneral , diseeniagertient and z...,
Piossiriti. •:-.ll k ntll i trhat darken* the gloom which.
hangsPre!: Stie.codritty,, uosene
,can discern any ,
•Icrolinetion of this sad itate:of,:things, nor see
lii..tiiii lattice any gliaiptes of light or hope. ~.:
, -- 'lBciOl,,thia alaithful although, appalling picture
-4.114 Viiited: State, in 1812-1 I appeal Co- all .
,piesent, Whigaiend i ;Domeetati; , -Latlies and den=
•tlemen, to say ii t it boat alliteci.high colored,
,--:- . .Nos - s•Jel ..ne 'ticertstiat was our. real .condition
• only. itiWiticite tips . of ton years sego. lobed .oc
cssion, ' in February.:o32;:inr.ilie -.Senate:of the'
.t.lnitedeiritair, .whertiliatf !lain - piing the Ameri--
can,,fatinn,:tigaithifthe,late'Ciii. Ilayne of South
darolimi;ter'illi 4 ribeir; and,l - lefer to this ilescrip- . ..
newels ividoictiot *fiat Ilielfev'eillo be the.state
- of the country sit that: time. • that it conformed
to the fruthellhe'cirse, I appeal with confidence
to Aoki .nOtr present. ,Ott ttMC - occasiOn . among
oilier tint:46,444d ;, . : • .
' i: ibil'efni)git 4 i - POiterrri ' llin moat easing - task
of exhibiting an iniperlect 'sketch cliWti existing
Slate.' arthe nowttillry4prosperlfy.e film" country.
'1)(1-41300"Itai:iiff.70y, Iwe'befield Cultivation ex;'
tentled r ilni:Orin flourishing; tie face of. the coun-,
try improved, Onr people fully:end Pio fi tably em.
litili4' and the;:ptibliO'colinte.ziancer eihibiting
tranquility, con lind:hetiiiiesi. '
. And, if
we :deilieild into,:pajticufare L yre have tho agrecii•
* .caa r m ni din i ut " . 4 4 * . .PetiPle:out of debt, land
raising'slcirelY iii value, butitt a secure and tutu , .
icity,degice; , it •ienJY , :thougli extravagant, market
• for : 411 the ..,stutplup prodUctiOns ..of our industry ;
itinumerrible flo c ks and•herda browsing and gain
hdllioirtett thousand kilts`anti plains, covPred.
0 141,1
with `i d verdant:gm:l4Z. •cities expand.,
1 . etch . i _ I, our -,,,
1 .. , ,,,.rtna whole , ' loges , springing op, es it were,
..I:4\ enchantmentio r,exports and our imports-in.;
creased 6 0 ine t easi ni:llirc :tonnage foreign and,
coestwise, swelling and fully copied; ;the rivets,
Of -oui inte - iloeinititlted . 4 l ,theOrketilal giuu4r
I`and lightning tri i ienntless'irtilanfinials , ,,• ' the cur-,
ienei, sound an!'ibundatii- the - public detit , Of. two
1 , i•
Wars : nearly .1•SiI
t einedilinili,to ?eosin all; the (tub=
li . tritaiuryltirerfliiiring;'etubtrrissiing Congress - AA
ittkto'find'objeets of taitition, hut to: select' the
otaitliWt ICw-i:.fr7"Th
4a„.4**4
i5ir 0tt 4 44 1440 . 0 4 4 0 011 *.
iiiisto a Utinio.theliefuiertoi no. doubt
.{.11. 4 ,
V•
• 1.
tab
VIEW
IBM
ZEES
CM
Mai
ME
,:;:n . r; : -.'...,1:4; : t4..:•;r:!-: - . !'...; . 4 2 ,1.:::: ~- A - - ::.: T"' '.. ' 4, el , .' . :. ~.- , 7,..,., ..,
_,..,: ,
ER.
..,,,„
~,.,, ..,....... , .....,, ~. .• -
and ktbinit vanally 'alit :IN-at 00 , emus; *hat
beer. _ it Ittfrbe. mist Tbe*geneiat 'oat;
we bohold _the
t / tipiliieffects.-ttierx interest effected, es. l
eptliiection - Oftliol thifort'solreilng; aftdeseriptions
ot:p . 4ie;!•ana proPirii“.l9Plo44 tn. edge,' Anil.
whiter ,to filo . Out, lbat citosei rind to
Teoa. to their t~ue. source the 44 ,15 tr0 d d i cers;
whichAve : _aitipiess_ and, feel; , and I.inient, I ' , entreat
'ttici:l);roperatio Poninrcer'iny: andignee,
ty, liitaniwith pat ens o and iact4Ouir, and, dis.
atissinW for an 4 Ptejo - 1 . 11-
c,, to decide.with iti.Pattialitittna in a spirit of
-
*nine. •••• • -
- • •. ••
, ,
h oilckV:,those,,-to s :high ' , authority,
that itip.Peopte are to hiatne:anditot the 'Go'veirn=
merit i and {hat the .dletie `
yees.or the country, h"iie
' rt '
p,-jeg_.,e .9m FP, 4 9 1 / An 'ta a - ' ; The_
peinkle-hero - beek orn7,.._riiipachre;
_for expecting
too much train botterrinie - rtfood:rtot relyiogtuffp.
ciontly own excitiOn. Aril - they hoc*
been remit - Apt thai:the highOtduti .of diei r Oolf
ei;ritOeuit it;',4itecari iraelf:,lctihrgltio
pie to shift, ferilibt43:tittiit
Accordingly , 'we lase seen the goviiroment re:
treating from the:fonii - ,arhfch
atll'udt4ng
the Subfrreoettiy. • t '
-That,tharetive been sopiwipeabletion end o
vortradingsmay be true vhut all' base Wit-spechia !
ted and' over•trinfeir;..Vihile the distieSS'.reachesi if
not to the rtanni degree, the',cattliotis and',40.1:29V
dent, as •svoll its thrkentruplising awl AdVertteinue•
The errotolthe argument .cortsistitic iq mistaking
the effect - fur the tank). :W.hat.produccd the ovei ,
trading.;, 'What `specuistiWil
the ; peopl6,tempted to abandon the. in:
dostrionkand_ secure: pursuits of and eMbark
in doubtful.ond perilous, but' seducing materprizel
This Ts the important question':
Now, fellow Citizens; I 'take 'dperil truielf to'
eliow thatlhe peeple:he've7bCerifat leelees : to.blame
then ihe_tierrorat Go - ierninent; end -that.whatever
of error theyconamittedova's the natural arid in
evitable convequence of policy.of "their
rulers; ' To the'actiert:Of .GeterniterillS mainly
to aseribeil the disordera;_naabarrissment and
distreis labial' all have isor..ae to.da
plum.
be to be yetmoni specific, [:think , they
are tole fairly :attributed to:the action. of the'tr,
eiutive branch of the Federal Goirerninenr;
Tbreo fats or, everitio; boppeging. about'the
• •
satni) ticoe;if their immediate effeatsrire y,eo
/tittered, willotruid• a clear end eittia
don of all.the'Oeconiarir,euife which now unhap
the re-charter Of the
The secoed-was this
the Vriited Striteilrom
And .the:thinl was,
thx, _ s'rosiant of the llillted Shttei,
•
stretch PoWer; tO:sepation the
Passage of the end, •These,eve jibs all occur .
red, in guick.sticEeision;itt 1_832 t 33; - witd eacfi of
them America -e4rtiqutai consideration
1 When the flanit - Of•id i e 4.lnited Stites had
fully . : - recOveredfreni:thir:errore of iii:eartyadpain
titration', end it the. periodlithen it was, proposed
re 7 chaiterit, it furni shed , the' best currency _-that
ever vsirited, possessing not. merely , [ Unbounded
cenidenee in , .-thelfiiited States,
,butlhrlughenit
the whelp 'emuirkeiciat institution:, was
over more popular, arid :the Utility.. of' s;ilatLit of
the .Ilnitr.4 States was acknowledged hi - President "
declars in hie Veto me ss age; , wltiiiae-erpress
ly stated, that he contd.. tutyi
gresi p;Plan :Of an Adeicinieheldei. character; if
apP4OitiAni.n, hail been; Mide tond.,r , state
as a fact, what
_many,,! am sum - trill-hens rement;
her and sustsini that inthe canvass then going.;n:
'for this. Presidency,: ninny of hiefrionds'irt this
State . ...ge;i,,e l ,issurances.:that in tife ilia re
; 'electiait, the:thiited -States Wmuld. be
[ - established. -
• „ft, wits held'Att to the people, that aboltdeetit.
reacyahouldho eb . pplied, acid k,a 3 c,t uf r9 safe end
'faithful executio n ,of the' fis c al.d . uties laaids' - t he
„,
Goverumeui 'should, be 'perforated by, the local
banks ifien:hitheiltuak of the United States. -
• What was ttio imMediate effect ;Atha overthrow,
of that institution! innu 7
moiable:Jetid,bankii; up . every
whom - with a rapidity .to which. wo cannot took
back vrithrit 'amazement.' 2 A' reipectable. docu.
`Mont which` I now bold or my band, I beliiivecer:
bia 1844 the higiegaibinking
capital oelho t-143,191488.:,'"Ayithin
' two years after the -:removal of thidepoiiiitii; the
banking- capital had swath:nto $331,250,337, and
b 1837 reiiiietl''s446,l9s,7lo. WMbit the
United fates - Banks, was in, eziattn i ce, the, local
- bankt„pat aspiring lo'jito regulation Of - the .cer
iench were 'chartered wit' . small capitais, as or e
casiort and business required.-. After 1833; they
"Were Chartered ,without tiecOtity: and_multiplied
beyond eiaireii. La December, 1837. there were
no less thari,7oo iairlY;fol,lous
&eat bimks sprung ulf upoti' the 'ruins of Uni
ted ,Otafet Bilnk,:and e 25000,00 of`. eaptwrwaa
i !A cOpyiated;to supply the' tisiefiainietly-dischai
ged tiy:t4i,135,600,0ct0 therl3ahk otlhe
Unit:o;B44'6m: - extrava-...
gance and aliee.idation't . 4 . this 'enure:lima:increase
of banking:Capital; was quickened by the circulars
of - the Treasury Departaierit , to theie . :pet State
banks we're...wadi ; of the Dla
tiaaal -; -,
A voit'proportimi of these hanks,' move-1
belieyethan:foiat-fifthi !veva chartered 14gista-.
testis In which Dernactittic patty had the lin
disputed
_ascendenCY:, I. wail remember_ that, in
this Btate, the presses. that .made grave
charge, against tin of of being inimical to. the'eatab..
tiihaume hereof State 'Banks ;:arid l'oat aiPaled
establi'shiteint; until' all - prospect eSOI4I.
Oer' diliint etihetnited'Atetel..... ••
:The - effect
,upon the countiy,of:thm sudden in
crease to such an immense amount, of the bank
ing capital of the silently, could not fail to be am:
- inlet, if not disaattani: It. thteeton4
moat profaslon,Bank ecitnnitiOttatiOnalnint.'aati
et', of. fanner eidiPPl. Bata notes, POsft'atial,!
ebeeipi c 4rafta,:bilis,Ac,, Tito eaneney.-thao
forth) the "evil, • hia been alsonal teas ; . betterl
than' that - supplied' 8a01t.4" the !United; '
States"; end. O ct the removal of the
toial Etpite. ivete - 344 "atici`atitutiliatoll, :the?
- Secretaty of the Trosiely, freely to•niseonnt 1014 4
accommodate I .eirooltoi buts , ;of -three tfiepoiites
leeden - ,t?'(theleptintft 'wee;
"a
vi . :4'.A4,740005:01 Bank money . and
I ; it otttpritiog.Abit,thei lahealk ave'
14a*ti,oryi freely adeeoluted3.
-ioterpriaievjt . iiiiata'loaef
4414 tliiiiiiitNiO4'44e,
~,shoultl.l tie been arts
..
Lerameul; but 73;itio
* •PtilitA‘
rushed isits...
dre - ._ ctrostleetk _
' `l4% N
' lien:beitiiiii Marie. __
rbePP?:"AtSt-i4iiiibi 10 —** ,
Cr and: taor:lirudeitt Shirt **
%.
• -,' °: ,',- -'' I -,-,'--," 4 .., - -
ME
.: 1 4.,: ; -,:i,-,-1 - : ;:!1
f .'-.'::=,.:1:-T1:;7.--•:,.
Ma
INETEI
Mcnl
~;•!- - - ‹ - A - ; 7,. ............................
' - -4 ..--... r•:•,;,-4. , '', , ` , 2,•,...._: ; •...-' - _•!,•„;- 1,4,_,,,.trl
- • ,-.'`'.'i - --,:.:;/.. r. i:',..,4 - '0 . •':. 1--, - i
- '''' -:(,- •'' - *0:41 . 41
, _
.:' ,?f` , r ';,-„" , .f•A'is - ,
... •
IP' •,' - ••• -' ' , - 7 , -----7 it 111 constitutional 4 ' ' '':"
fide. , Was o taint-the Praid...xlV,
;-• • •. ' . -- , ' dent to. ha thebittoCanivres with bili•N
ob
ns,
Z';' - i . '' . - ? ' : :::'' . . f.: . ' i'-' - -;:.; :'''' -•' '• " : f i .f l i . FO : °Pc - -ifil l 'AZ il il4 °P ;V'l4 6l 4 47 - 7 01ifirt 'ilith iiiii w i,itivIl
, :2‹ 'f. - :',.-'Y ~, -,'-, ~ .., H --,,. , eßbjloll, riitgs.l4oiitt:**-c000 , ::: ,
A vz
~:-.,::: -.., j , : 1 14-P.L4ruialliii*****'-3 , 14;w921X-7',T,
- -- - . --..-- . havit t , ''elp , eittileat a' : - di itkieet-tivipti:.*Ote '::;._:-.'
_:_,....
''..., "`r , "" -- , -:--., '' • - - --''''' ',. ': ,':l ' , 1131-4 41 - 44, 118 Urcs: t.fiit., 4#4 A9t:tiein linltiget4ii••' - -7 . ;%:,'
s , 7 /--.,..,--;•': ... ._^.-to 4 1..t 11 0. P 4 : 41 ap,AB3q, andhke -111194
~ 400,,Ortell';'
~ P,
fi!e_.,..itakii utthnpublic tanda-ewcrwotad,Sitiltzett.Ans;-;',:i,
- precede:med - Atent: in so, much, , ,tiffif.Ju.onts yegie;,„.7.,:N,
Aey.:ltanuni.e4 AP . .'iab . oci!. s 2 o.o 4 .4oSOnsilit 4 1 'ie' '''' , s:i.
. re*. Yrirsio in •aggregita of abo lattlfo fkiti'- • .5 '
It was manifest that if this , frina . rin WI itoori'' ? "' : ''`'
•-• • --.-- - c--- - . • Sof , $. --1.-.. , ..?,
Anulating. Feciitittii4 14 WO stod` • - - iii the kali ''''''''
batilti. In - ....confortnity with the , Tressitrz.,•„tirculiet-' 4 4
and witkilielt iniunwis it we' bt hi 'Mid. tb tag '-.. ';'"
sisofOrr,!.,4:nk; n34accimilio94l4.
s U W
inkni fresh hattie. - ' . ,•1 ; 41
facilitice.,;.,dt . ,Wist inenifestthat the WI. ;, Zs ' l
' ! at Iguli o: l7 q9' fi q -I : ni g h fr." - j i- iP ,4g l Aid. - pur:' . :' - c::+ l '
chase many tracte c aflend, by;makige-ike.orcuit :--,-ii.
, (rem the land oilicee to theibittilt;; add• from- the .. , 44
itisks:to ttiolaci °it* eceideistimiliting spec.
ulation in , ath'ci forma. .„ .- • - - - • -'-",
_,. Under the operation ofltto•mnactirit,ef distribu-' . . "L',4
,ion . that ;liat &lid weal have l beew arms-an = D . ':::1'- '
- neatly, returned :te ,
„the States auil would. hate '•'..'-'.;.`;‘.,
applied;'-under the, ilitietiort., of,
.thiiijr , C.FoOlitP . - "2: ;
4.•
4Pgirdanrcii, to rirrioris;rlOinPrr .. r0..44, useful Inlir,-• ,r:- .
poses, It wOuldkivit,fallOt upon the e lenth e hke, i s . 1
-.
the : rah-1 of heaven, , in . gentle, genial-e jeweler ~. 'f
showers, passing lb rougliorthotwitd r irilla, end fer,;: - '':; - .“;'1
tilizing..ett4 beautifying tfirt„nOuntlic;':tfiiqia 4 - --:•:: - .1. ,
beingemployed in puiptiseiof aitectlistion : 4otaltf ' '--',',
itaT.,.. 0 ,&1 1 _,ai.P1ied. 10 _,,.../theC•iiiitrourS.benefit.i.l . the ••
whole people, Ftnally, when the,:fund had ac,;
eutinilCted iii)4 - 'was accumulating in an ittehiiidi
deg,ree, it• Wes ili4ributitd among theStates,hy. (fa
..!upe , cluf act, but so suddimly di lt irit; m i4- 1 1 gi i nc A
6 legs ma s ses, an . tu:a ritedisevseJot
.. ~tu No . * ?
iii.761.17.1t the 07r_!.p.i. i:nforr4 arti‘n. that ,the
crisis of Suspension .in ..1 tid7 was gseatly F ooters,. ~•
tad s _ This: wonfd ipyik-f4effil-itooll44;:it not al.
together dvoided,)(thi laitd;billell4.B . 4dhad tied ' •
alli!"?vS.Srind executed •,': - .'''iii.7,-;.';- . 1. ".• r .• -- :r ' .i
-.4othese thresfsueie, roorf tissue, the -Ve; ,
to orthe !dank of, the United, tit
~ Atli? the c0n
.,,,,
sequent creation of innurner 41 6.
remowl of the deposites of the illialtittp'uttesfretri --,-,
-chi Wok (4
,the - 1.1.4ted
„States, anlttheif.stibe:
quoin frce use. and". the failure, pf,thilind, bill-of
4833, I . wilily believe, allsit i nearlislt..the pecAti
iiidry . emharrassinents'of teie,Countrie;wplitiplyt • :
attributsble. lithe 6ziok had '; been.re-c s b4evel i t
the' public ilenOsitijOtill'ured te retnain . ,_tndietiiihi -'
ed Whoa .re
the laWliuirdil ihein `to. ba made; en l ' 4 '.;-- ,.
the land hilLiglgOnd intioParation,.4 iiiiiiy first
Conviction that wO.aliolitil have lied no,More to . .
' diiidail . &tread and _ruin: then re common; in oz.!
Illicari and"reinlai - tiniee, to a eridiniiiinf OM:
thereto' community .
And do just now take's ,rapid reviesji;f AM eili ,---
PericeintS of our riih'is. :The) `begatt, with int'
centeitibl; the' aii . ctirten'cy in the w ciiiii ' d r--
promised a 'l'ttf . Ci„ 7 -'' Thdtheiter!curiettuf ~was tri -- -
be supplied bylhe local batik's; iind,in it's', anti:
itagis of the eskrinaedt, after the 'ireidoVelof the
deposi tea t they . yree higlily‘etrimentled, fro& I,lgit
- anthcirity; for the geneneial ., _andextedviiii open
lions in eichatige,lhelinaticial 'facilities . whictf
they,aftit:iled to thd Government Sc., die; Mit :
the day of trouble and difficeilty Which-had been
predicted„.fOrstlie want 0f.4 'United States Wink,
ciine.,-;-Thei co ld not stand, the . shock, bui
- -
pia Way,end t iro suspcosienof 1837 .4 01 #F1an
'Then' What was the course OE thOSS . sante 9;!!ora , -
They bad-denoanced,and mit dciWtt the bank of
thelinitedtdtei. .ft: was a monster._ ;..:They -. hod istidtedand lavished praise; . ort 4 ,the'Acica
banks.' Now, they 'tamed round against :the . ob . ,
jecia of their own eratien ' inilCounnen4atiOn.--s•
NoW they were a Lived of little:Martatati,:cornini
end coltupting;,iiih se Petite pritrilegtri;ptitylezup- '
en the vitilablihe State: : They
,schemeritii
.cal!
out for a &aerie of Statkind'Hink z . And mean;
1, 'retreating" udder t'hi lialc:Treastiry, Item the ..•
storm which iliensklea 'had raised, leaving . the
paoPle tai iellOr Under all its pelting end pitiless
..., -
.rage; they:add •nsult"io i jur - hy tell' g" , h . .
that they '
unreasonably expeCt - too . aich
fiord
Gevorninerit; 'that they Must tette , -Care :tiff thorn:
curces, and that it as the highest ' and
take'
•
otic duty Of a free Government, to:take Carl . pf it
self, withoni , regird to the sulliiiiega and' disuse=
sea of the 'people; • ' ' • "..
--Thai Gelid Witli'the b'eik turreint,'ProWwWwl
ri better, and end witygiviug none !...; Far we
might as Well resort to "the coatetmes , orenr one.
sal Omni in it) gaiddicelEilen,as, in
. thie ed..
'Hoch - cid - age; 'with thit'ai ample of tini - wtildit coin-
Mercill world before its; to' cramp' till; 'etieriette
arid enterprising•Peepla by . a circulatro
see
- steely of the precious' metals. . - . 1.4 ne`Wils . , be*
the matter Stand s . wiiii'ueliciii in gentailty,.ing
I- believe welttaint as Reif ' it,i' 46 -- piipto''.do lin
most of the 84tes. - WS - hive a 'circalatioit in
bank. notes amounting 'ici abinci two iiiillinits and
a bait founded specie in theirvaoltu sinouilt,
tog .ficabOut a in:then aids ipiiitei, gall iki' ttl. ,
twat circulation.,, Halo we' too much' money i
['No' nal' . ordain:it:4 many Voices] Ir all bankii•,.
witelser deerci,' arid -.a bank paper 'aiiitiliiftiteil;
We should have iist'oilehalf the Money' dna rare
now bade. ' I dm quite suiii:that'otaa -of liiii hi
[ melliatt‘'canses of our preient diffienitiel3e ii . ,41J.:
1 fect in qUaotitj as'well as did iiiieliti
" of ihe,. s ir.
.
culating media re. "And" it would ' possibl e,biviire
if we were rell6c:til to suCti i'leittititi to is - pre
p.i4elf by- the laid . m (May theiiriali, tic' aitoid stop
laws, relief , lairs; renadiation;:.hailltruptcice, : and ,„
perhaps eivit - Oinunction. .-, • '
.1' have Laced ilia 'PrinCipal'cituiti Of' the prea . . i,
int druba`i belied 'conditiait Of thil'eolintiy;•t hope;
with cans 'rand faiinesi, and. Wittiout .- &Wog . of. ,
:fehce to any of at' fidlow citizens who may have
difrared in - political Opinion from ;ree:" it would,
'have beenlars more agreeable "to:Ccii•fettiingqi to
.haiii dWelt, is . I 'did iii
,18 . 32; daring the" third
'year bribe first 'term of 'PresidenCiackstid . ri ati•
• ministratioit,upon bright end , chairing ,prospects
'of genenit prosperity.' I•thotight it useful 'to cell._
trait that period with the_pteientrona,"and tiffi-,..
'quire-into the causes which tato brought upoit qs
itich"ii siSi and diurnal' reverie:' . A.% mitcliitiorti
._
important object reinams' to matir.attampt,, and „,
that. ift: to Toini. - ournitifidfei'fir, 'existing iiviti
dud disordeisc '.'..• ' ' ' .''' '
1' ,... :;. , ,:. 1 ' - 7,: - i'.' , 7'•f•'.:: l. .: 2 i' - ':::: . 'A - . 1 !; . , , F , .',5.','J','. - 0,i7 . :.t:':1.2f.-;t:'.:0-
'', - 1:''...:2, 2'- - ,::, - •:' . :';' . ';.'- - ... - '.':::-',: -,. ,!-4 . ::•:::f ,-:.
BE
CM
- 'i ili" - ' -.7 ti yi eld e d :---
is m ost o amp, a w ho to temptation
ecr'theatip before therritheY, *he yielded - 'Confi
dence to Icy rulers —they.' who could et -. ' '
whedeltilincii•diaate issue of Money' Was to cease
onto beadine vitiated; Ctr'o.l:!iimaiinent t at touipt
il, 'ite'thieed aridVetraYa. &inf. ''
- And noirefelloW citizens, rti: hit ustiii calinrietis
and can or, revert or a moment to :tame '1 e
meatis Which
..
t Wee
.„,employed
t. t o ' break doWn the
,linik tke , i . : . rtS - ar9 7 an
. to inflict upon the
canairy:all - the 41‘cen , equeneea
which ; ensea
lilhall not slop to eigrio, the tEotivicri of the tall
Sault tiporithat inetittitiori, arid to thitib' that it
vias bccattso itirefuseiftia Vmake itself Wooly and
Siirvifell - instriihierititl4. • thaPrimiotkaii of'retitle@ -
views 'era objeCte. .-- --' - . • - - . '-'
- '..=Ttr . , ,Benk"wia,deneunceil - as atnicinsfer,"iiin
ii' ,gt-' 2 . t...ii° 4 - decl . iirad.:to'ietr. the people of 'trek
likertiep,. and to Pritivert the beveftiaieni-Of the
country. ' the ;lank to inibiert the ClOSailliieriti
..trif
,liiiiv c ould ihti Bank corili6ie r iti east aftei'l
the avertEliotitirf4liat Gait:aim - eat in'Whickjitlt3
indeked fu r - its - exi;le*; ' ioi4in ' viitii,of Obese
authority :ii: ettiold. itlerie;:risece'ssf,Utry. op4/ilia . ?
Ociniiitaioapi revolutions , civil Wars, are not the
;add' aoEditiensnitiiftive;able raga' k -
...,,. • -. , --..-.
ty ; but thpylitiurish Moat when, order, law;.rtigu'l
foray and saccessfaktrusinerri,preiail.
:Bab_ the Nelda of their fibuitiea! ' 'Anti, prey
what would it. da With their: after. the robbery
was Ii - id not ' Ii -'‘ *-
perpetrated.!` , eau
vaults, ar - oakeinterest rir, profit.iiii; there, the
leading, if not solo , Object . o f a,..l3aaL Arid how
Conlitit destroy the fibeitie's of the peatiii . ,witho t ui
at Atta";:itiroo thou' ifeittitiyini "ttle lasirtia's 'tit per.
siMajtaireslo ire: cuacerueJ,iii the IKin i i
..
.What
is a Bank 1
. It is a.Corpotation,:(49:.4iii;43iii of.
irthriae capital; is centribitted try :iiidividUal share:'
holders, anti . einploye t it in ; 'pecuniary tiPertiiini, Uri;
der the .m' , au gment Of`ofriad agents, called Pita- '
!dent, --'Directors,. easitier; - Tellei' 'aria Clerks. - :=
NOW ell Apia Peritnia ire 'amt.:llY% eiifin:k of the-
United States, jest' aii inuchir.terested‘ thaprev
i;;;;iioii aftliti liberties of theca n 6; aktany oth
'' • ' -' What -.
- - ' * -- '' ll ''' ' A
'''
oth
er' citizen. earthlyinative cou 4 prompt
theiote - Seek. the ilellbuction 'of the liberty of their
fefic4 'citizens, - and'yrA it Weir own " . ., N -
. , The fate_cif the hini'Oftlar United S tates clear- -
;IY:deniOnstrated whore the real, dirtier to the pub.
licjfity.rty exists. It orsy . aot lathe Bail lo- 1
:-
popularity had been gittat; and ale ,coriviction 6
of
'lts utility string and genera!, up to the Period or
tho - flank Veto., . Unbounded ai was. the - mllu . -
... ~_
ane - 'of President Jaiiiiiiirii,:and undisguieettitaNni
hostility was to 'the Bank, ho could not ptoYetit';
thepasiege thrbirth 00 - Egress of - a billiti,:re,,ctrel;
ter it:,( .. -- In etiCh faver' arid esteem wasli - Jteld:that
the Legislature
. - of Porinsylvania: - .i # *hich his
friends ".had, rinecintitAd sway, almost unjitiiiiicats
li - Witcointended- .the
. .re l charier; But his Veto
eame;ite blow _ his e
' Whistlriiii itideitruetion; it
was necessary to ettafsli. his' Pekty,'Whicli‘ceuld
only : be Judgcbi'#;iiattitillig him, and instantly,
and:eVeri. - wheririkiviii.siiili. the Beak -alid.„buz
as- faz'ate,Voto, beisme the tiatehwords_and.'the
rallying cry ofhis partisans.% t That Slime Legis
lature of PentiSylvnuiaiti - o*, with eqUal'iniiiitinti
ty, appr o ved
. tha destruction of an institution
whiclitheit - hadbelitticil.lit he so tedipperiluble.to
the. public:prosperity, and tbe....deluded people felt
as if 4110 had fortunately eicaPed• a great Nation
atcalamity ! '• -..-. - -..-tar.,
The' Vetl,.netiithsta;lirg"the House ,of Etei;-
iesentativeik. by; a.large majerity,iesolid . that the
public depelitps were' safe in . the custody of the.
Bank of the United States, where 'they were pla.
cod; under the sanction, , and Wale command of
tile law i - ,and it Was will 'known' at Wrahingion,
diet this resolution was passed in anticipation, and '
~ ,_ .
to 'prevent. ..the possibility of _their removal.. In
tiro face; end iu contempt of this decision of the
!Icing
. stattatives of the people,:and
_in viuration of '
a trositivir law:, the - tett:Oval was
- 'ordered; by - - the
Pre.sidiait ti feWleactrithi after, thikSecretarY of the
iir - eirsar.,,ahavitig been-previously him.selt removed
toaccoruplistithe Object.—And this; brings me to
considqr thl4ffect produced upon the business
and interests of the caunify; by'thersecond:oviot
to which , I haWkallUdel, It Is Well known to ,be
lime tikagof the, Banks, : ter act -open !the standing.
streragoarneiuntof ttreircloposites; as upon a per.
nianerst• fund: The Bank of , the - United 'States
hideareghLited its trativricttone upon the depos
ites otihallnitedStates t alni bail granted accent
modatieus, and eatende4 facilities as far, as could
be - Pafely Aerie...tat thiufia'Sit.„ Theidepupitcs were
removed and disperse! among 'various lucid banks,
which. worqvirgetr by , an authority not - likely to
be disiegardA. otAilly *hen seconding . ; art' It
did, their interests, to Jiscauntand
Yaicotrailadate - beefy' on tikein:_ - , They dial() : and
hee these depositor: performed a double office, by'
being the basis- of Bank• facilities,' first in the
hiatids,of the Bani'et the' Uriitoti- Stites, awl - af.•
,
terWarda . in the poSsev.Siuri Of local theliinks.4
..
vast . addition to' thacirOlatien- of the_ country
aimed; adding'to that already Au ,copiously: put
forth sad praline forth by the antikitimle, , or new
'Banks -which'Were - ipiini op' lika.mitivltiopini.- - •_.
Thatspecuttiticiii -a•tivertratypi should ttv -- O.fel-,
lri - wid'; were , t'o kavefieetilp,lilrallyC* . pecte4. : ll
is surprising that.there-were nett,..more.'- eriees
rose; enornicaaly• as-another consequence : and
thensanda iveraterriPted;"ar - ii aity4s diii - ctoset in
:ai l - , rkatineirii Mai4t - , - tO . hebtLinior _to 'Cil'ake par-
'Fhii.elit , a9der.tile hopoptßoie.risipg,,i,till high-.
er. '"A rush of speculators tiaamkde upon the put:-
tic': tittde,..and. the: money invested -in their pin
cbese, coming bath trt'the !deposits banks, was .a
gainand °gala! loftried -out tO, the same or Other
spectilatork; A tattialtalothei amid who; p..1104 , 5;811..
-' ".Whik Waii . 4'elantiVor::itas artificral e Atittitaft:
Jed : state- of things , ,Whe for . ..the speculation
which entails, natural offspring l-
..-The policy of
floirertiment, - Which pioddeed: it; ' , oethe people?
The' seducer,, or the seduced I- - , The
. piopla;! . wha
ogy, • u44 the means - so: It
: tiIPAA!it I I- .4 ultliii..4; l'f i
.virtue of the public authority , or o ur Valero, whose
unw pre . policy tempted them into Milieus speerk .
kitten!'
t f • -
.. ~ . ..-- - -:"-` - '''' 4 ,,
-- ,• . 3.: There watt i r 'measare . ;, : the psstriigit , of which
Watirdtavagriatly mitigated chili amnatetrat . .state
Of. things. , It, Wag not AitACietio foresee, after the
Nato of the.Banki f .eminverf thittouseqtrences that
':verailll - follow:7 ThO/maltiPlieatibi' of - baidts.. it.
- s uitsiikaiVit tairentiy,rislitindin4dinakepec
uleuen, itittiiirotarble,ititititateiptisParshin of epos .
citt Ps7Ments! ..,Ant.t.the public domain wan too
brilliant- and tempting e - f tito, not to be riztatagthe
'first objects' that Wrinktlltract",specalation. '-In
' Seeich - 0 litgX, St hilt piriried' both hiiiisia,of Orals
"OettiirJaidfatritaitiathatorii the'Btatektim p if ieeeita
of sales of ,Itat-iirthlic.landp..:. It Ir m a a•-me asure
of;itrictforatertto thej,,Blaell'*4944e-Of . vot!a,
• poliey;-aii it respecter this' rovenne of the
, tr . taito i
t3tates:, , biat thevtevi which I now propet.p . totakik.
'4u I;'spitAiii:i4o: - Otle . , ' 3" , 11. 0"040c09,P1i30k 41
M
. would have atted upon cliculationind spec4a, -,,
FUSI
_ .?
=IN
=EI
NO:. 29:
And d; find I vi,euld inigieetriciuirei'tdsti
operation' - of the Government and y toe "peoplo;-0
is, economy 'and fruktdity; - stria- ami..persirrepitolf
economy; both in public kna - privatiliffitri. Opv•
ernment‘ ettiauld coarinun cui" eitiestie
that, tin justly and , honorably bi ivoldiitifin! jai
dividuala itiould'Ao the ismit. :The proipertly
- id the country his been Impaired-6y entVieer_opei
itinW throughout several years; and it,itin not be
-reataled • iini darer a year,Perinili:tioi=lti'a '
'Wiest thin - it has taken Cu destroyii..idat - ii• •
must not only be econwideal, we' tiahstitiv indite. • ,
trious, indefatigably' indult:mut: An Irruti . enie
amount of of capital halt - Vein wasted tuur;;Squan
iicied -in •sisicinirtv . ,end'unistoiluibie *- enterprilei.
public and pijvtiti: 7 `if eon enly - h ei:ilipteklueed
tabor and -•••
• The' se:Co nereitielkYvtbie',tiL I ereutd:ititers
and thit othaekiastproirel S.
hoiden or Inetlhetual,qi iti#C*
forni' !Slue dun : Aunt' the Voon,,,ead 'redeem:Ur;
ale in specie upon die demand' of the
'kuortoof tiut•one, Moire iiii = tvhiehlhat
,Otlent!iptia.
be ninon' liefied, and that hai thee'l,64 - af
dine and priCticil experience. If soy:other' OR
'be de%sised thsri a Baotc of th; United• States`,
which should saflY'andiiiiairl i iinif Two !rain •
the' nfletenieif
Under the cowl - 644 tliti- depart
ishould;rfor it etidifienth I
tie `Dank: air Vidal
Slates, nor do I desire,to see obi , eitilbliabed
=I
1111