S'hjJ. sndTam'in'ft.'' Tt i tmn. ir Ifr.ltihi Question his claim a place in history s a' jKrem military leaaerj Mid "pit this issue we tniglit caU for tho universal judgement 6f is vwuunj, Acw snouta spenK tor them- if ic. v - " requires irommssuo allerns their written testimonials to prove J. tho wisdom of his conduct, tho fact of his , 'iv.w u.uaiieer. or i is value of 113 aer. vice to his country, can Scarcely aspire to the dignity of a hcto. Are we mistaken in tho fact that doubts and questions sur round the military reputation of Gen. Har tuon! Did they not exist even in ln.caiiip mnJ among his most brave and efficient of. le tt"1 Xhey not mc'1 ,l8 Congress or the United State?, and; at a time when tlte transactions were reeent.and the means ot information full. induce ih Rns fuse la him those honors which were unan imously awarded to others with whom hi name was associated? Did ho not leave tho military service of his country at the most gloomy period of a desperate war, inns maKing his own act, and the time cho sen lor 11, a confirmation of these doubis and, questions) To General Harrison we would render strict and imnartinl iust.rrn.aiid we propound these inquiries because'thc hir .ucj o. me times not only gnosis ih'em hut finishes a positive and affirmative answer proving their candidate not to be a military chieftain! Be it so. Their consistency in : s " cnaracter as a merit -uaaquamicanon lot- the Presidency, u npt the less apparent, if they shall he found to admit that tho claim has no foundation in lact and history. Beyond this single claim to tho support Of .a free people, as distinctive of the Fed-' rjd candidate for the Presidency, we are ttnable to speak from any ground as yet as sumed by himself or his friends. In refer ence to his principles, opinions, and acts, tlriVrmii Ilia tn .):.... l 1 . ;w ""wi.y cuioiiainsnip, tncre is wouiu seem by nnthority.that he is t.uwrito nu mora ;inr. the public eye," until after ne rresiciential election, and his supporters J ""ury loiiow this examploor tli Delated n. Hie Public hUmr.- r taiitly rmt-a history of civic triumphs, nor - ... ojjUI11 , pUD10 employments, , luiisuy civil, presented him as the author1 of measures, or ven a leading supporter of me measures ot others, essentially connect d with the principles of cftr" Government or with the interests of our people. We are compelled, therefore, to dismiss Gener al Harrison; ami, beyond what wo have al- jcauy saiu, to lollow Die example ho has e. ana nis tnends sanctioned, to say noh ...6. ut.utu( Ba wo are wrceu to presume S-......K , u uo aiu. Ye leave him.thpre iu, wiiniii8 i-eaeralism established he yond question, and with his questionable wt.iui in a military reputation. unc.e more, we repeat, we are not alarm ists; nut our duty to tho Democracy we are here to represent, would Hp ill .li.oi,,r,i did we not call their serious attention to the desperate efforts which their opponents arc c.oiy wncrc maKing to cany the approach ing election, and to cam possession ol the uenerai internment. If they were to succeed in the accomplishment of their ob- jcui, ru j imus uo enanieu to carrry into ex- cutin their schemes of pnlicv those es peeially which telate to the management of mc puuuc nuances oy tne agency of a great iuwiiujruu iiiamuiioii uiero is danger that our Republican institutions', though they might preserve their form, would not Inn retain their- multy, their simplicity, or their iruiijjiii. urn our continence in the di v.iui.i.atiuu unit painiiusm 01 tue people is unshaken;and we eonfidentnilv trust Hrid be lieve that thoy will not only see the eoming danger, but that they will meet it with all me nen-ssarv nieastirew of precaution. . it- uuiory 01 an rtepuuiic'H js replete with ii.iiinietive lesors to e-ery Anmrican ciuzi-n lessons peculiarly nnplicahlc to Government like ours, formed by a union of independent States. One, an l perhaps the most important of bu ui-oc ii-iiroiib, ix tne wvistant iliinser of loreign iniiuenci'. exerted through the pow er of money. The approaches of this in floenre havn been eradual and impeKunti I.I. ..rt.il ...:.l.t.. 1... r 1 . 1 . , mum. it. 1. mi mr lew years; within which tlie pronres ha been rapid, and the uiiuisiun aimofii universal, tho ordinary operations o tr.i(l2 between rummt'rci.il ciumtries arn reciprocal mid salutirv. En twine eacil (0 eehahge' the commodities of vhli-h it hae a surplus, fur othom which it wants, the industry, the cdnvenietice.and the comforts of all are promotedaho wealth of nil, both individual and national, increas- en. a neaiuiiui and useful intei course secur co, anu iiarmony fti reeling produced, with out tnv fteceasarv f.iiu ..f ,.. If, however, the refiproca) relations of trade no cnanijen tor the .elatiuns oT borrowers irom unorner cotrfitry. or its citizens, for purpoies nolfnmme?ciai. the coi-ritiPn. ces are wholly diflertnt. and the truth, that "the borrower is servant to the lender" of money, win he found to have its application jis itrongly, and much mora dangerously, an wiicii uiaiuopenueui relation exists between citizen and ciiiren of the siraB country. Wtt'are not to- be under stood as candomn mj, in all cases, loans between country and country, or between the ciijzeru of differ enlVisuntries. The demands arising from a state of war, and perhaps other great exl- gencies, trequeutJ.y render such loans, by a tutluo, iitdiipaosjblo, vHe Oia yaajao- ti6"p's of coinmerc'a are eo'tntthllV "creatine: crcuns uciwcen commercial -man 01 an countries. In the first clcts of cases, the war must bo prosecuted or the other great national exicrencv trikU and the relation of debtor endured, until returning peace, or renewed prosperity, shall have wiped out the debt. In the second, tha operations are anticipated, and Ordinarily depended upon with safety to ballauce the aceounts, and terminate the unpleasant relation. To lid transactions of tlie&e cissies are any of our subsequent remarks intended to be ap plied. , . A very different 'description of foreitrn loans and foreign debts have become com mon in our country, and to these it is our wish to draw the public attention, We re fer to Idans madu by banking institutions, either to relieve themselves from embarrass ment caused by improvident expansions in banking, or to enable them to extend their operations beyond the limit intended by those who granted then charteu ; by com panies and associations, to enable them to monopolizo an entire branch of internal trade, or to embark in some entcrnrisu of questionable productiveness, and by the states ot the Union, without the provision by tixatiuu or otherwise, of a safe and cer tain fund to meet the interest upon their loans. We think we are not mistakon in the as- sumption that eaily State loans were sought In dnr own market and from our own codri- Irymen. We believe, vlso, that one of the 1 first acts ot tho borrowing State was to es tablish and set apart a fund to meet thb pay. ments of interest upon he money borrow ed. This safe policy prevailed for a series of years, and until deleterious examples, proceeding not from tho States of the Union but from incorporations, the creations of the btate and federal Governments! produ ced the change, the conseauences of which we consider so fearful and alarm ing. Hie Bank of the United States was the first to make the standard of its credit in London the measure of its business iti the United States. Other Icadine State institu tions followed this practice ofevil tendency, and none of tlie incorporations which onro adopted this standard, failed to make their interests conform to it. Thus a change in the value of money in foreicn countries would become tho measure of bank expan sions and contractions in tho United States, so far as the business of the Bank of the United Stales, and many of the lanrer State banking institutions, Were concern ed. ' A long period of gftneral peace; slhd of gtcav prosperity in an mo oranches ot trade and industry; rendered expansions, graduat ed by lliis standard, much more prevalent than conVractlnns; and thusfrorn tho known excessive profits of banking in this ennntrv engendered an appetite fdr the inultiplica- uon 01 oanK couriers, betore unknown to us. Hence the number of banks In the country was at least doubled, in the course of some three or four years, and the hank ing cnpuai was enurgBU in a still greater priipnriiuni i his multiplication of hanks and bank- ing capital in so short a period, could not an to proauce a proportionate exnansion of mir paper circulation. Buch was the effect with the lurtlier conseauences of increased prices of property, and an almost universal passion lor speculation. Tho multmlicil banks found customers, because almost the ntire community were et mu ated to hs. come borrowers, and the great mass bor rowed, not to oxpnnd the avails of thuii loans In aid of productive industry, but to miiuiiuso lo-uay, lor a hlirh nr ce. nrotiertv which It was believed some other borrovire'r wouiu pnrcnase to-morrow at a still highei. in n process o this sort, employing hun dreds ol millions of credit, in. tho shape of oaim paper anil bank discounts, the amount 01 interest annually accruing in favor of the banks was enormous, whilo the nronertv upon which the money ws expended was duiuiiuy trouncing limning. Influence of tins powerful charactei'.rom- mutucaieii to the great body of citizens of our emmuy, could not fail tn be felt in the li-gislattues of the Slates of (ha Union They felt the impulsiun, and acted under it. liartre loans were proposed, and it orfn ap pearcd that the increase of banks, and oth mr ilu.n-imla I. ...I .1 L- 1 r . w. nuturueu 100 niuc.ii ot the American capital to enable them to find a ready or a cheap market in our own cum try. The marfcels of Europe were natural! sought, as not the Federal Government, and mu the Governments of the Slain, u. lime, but local corporations in our commer cial cities, had there found such a market lor large loans upon their creditj For i lime tlie State stocks of all description! were greedily taken; but. as in all cases e ir A t r n 1 ml ..,(! .t l ....ncu i-jciui. me supply Decame more than equal to the demand, and the market ten. i tie consequence wag electric throughout our country, and the deoress ions we now frel in commercial tranactions in every branch of trade, in tho Drices properly, in our domestic industry, in the wages of labor, flow from these excesiv uses of credit at home.and these atieinpti to ""'to iu lurcign marKpis wiin our ere. una anroau. nr ..... j j tro are awato mat these are pla n stif. gestions; hut can we ba mistaken in placing" them before our constituents, and asking" their awakened attention to them, when we" see the mere bankers of London publishing m 1110 American puiuio a proposition tha the United hiales shall becomo endorsers for the individual States, a survey for their jpoa&gemoau, an a comJttlyaf tot eiply tu their obtaining further loansYniitlo the U Torable sale.in the British raatkeW, of Ihelr stockb and bonds, now resting there in pledge for advances of moucyl Such a proposition as it seems to lis, should startle the whole American people. It is a bold attempt, upon the part of for eign bankers, to compel the government of the United States again to assume a fearful amount of debt, or to ptinish the States of the Union by a refusal of further loans, and a depression of their securities now in the foreign mmket. We have spoken of the danger bt a tor- sign inftuouce pervading our country, and exerted through the power of money. Can we have any stronger evidence ot the exis tence of that Influence, and of the disposi tion to exert it, than we havo already giv en. When foreign banners can upon the Federal Government to endorse for the Slates of this Union, add threaten them with n suspension of their credit, iti case that endorsement is not procured, can we measure the influence which is exerted from he same quarter over private and corporate dshtors in this couptry ? If then, these iufluenbes of a foicign debt are an evil tn be deprecated; if out expan sions of' credit at home have been exces sive, and require tn be checked; and if both arc objects which call for the serious con sideralion aud action df the people of tile country, td which of tho existing political patties are they to look for a remedial noli- 74 . 1 hC umvernal suspension ot the banxs, in May, 1837, met Mr Van Bureu at the threshold of his administration; and from that moment to this ho has been laboring assiduously to lay the foundation for a more stable basis for our currency and business; a foundation equal and just io all, and rest ing upon tho Constitution of the country. It has not been the object of Ills policy, as laWely allowed; to destroy cream but to make credit safe and dependable; not to o- vcrthrow the banking institutions ot the country, but io separate them from tho man agement of tho public revenues, not to crip ple commerce, but to give commerce a stau' iiard of currency so far as, the. actipn.of ,the i'euoral Government can do it which shall not disturb it by expansions dictated b' pri vate interests aud monopolizing efforts; not to suspend trade, but io restore it to a health ful activity, and give it a bound and stable circulating medium to sustain it) not to de press the wnges of labor but to afford the the honest laborer full and constant employ ment at fair wages and to secure to him the pay for his sweat and his toil, in a curren cy upon which he may sleep quietly, with out the tear ol nnding it dross in his pocket when he risen in the morning. Such is our policy, and that df the administration we support! Uf Gun. Harnson and his policy; upon all tlieie important subjects, we have alrea dy declared wc can say nothing, oilence, profound and uhbiokeri, is the order at pres ent resting upon him, and we have already exprfcdtcd tiur inability to raise the latch which closes tile door upoli his opinions. Of the favorite policy of his party, how- 6ver, we can speak; because iii lliis ancient parly, dating its existence from the admin istration of the elder Adams, aud never more apparently confident, since the time of his deleat, thaii at this moment, there have been, and now are, open doors and unseal ed lips. This" party, then, would cteate a new Na- tibnal Bank, with the vain Impc of still far thet expanding our present system of ex cessive credits. They would not only in crcRfo tho State debts, but they would pros ecute a sysiem ot internal improvements under the authority of this Government; to be extended within and through the States at is pleasure. They would take from the General Oovernmont some of is proper sources of revenue, at a time whou the Na- uonal I reatury is driven to loans to suoblv the ordinary demands upon it.and would bor row money in Europe, or increaso the tax es upon me uen me. or num. to aarrv mu tlinr plan of h mote splendid administra tion. And, finally, they would deliver dver again to tlie banks, State of National, all the revenues of the country, subject to be usru by them with the inevitable conse queues of increasing bank expanaions, un til the aODronriallons of CnnirrRss slinnM call for the money, nnd then to be the cause of, or tlie" apology for banK contractions, to an extent tat beyond the amount of money involved. Before we dismls the subject, wc eartnot furbear to refer to llie well known fact, that large sums of money hae, within a few years past, been expended upon elec'tiOns, wiin a view to overrule and defeat the wish es or the people. These contributions are manifestly, from the evidences of their ef fects, so largo in amount as to excite the most painful suspicions as id the sources from which they are derived. Time will de termino what ground there may be for such suspicions. But from whatever quarter these pecuniary aids may come, it is tho duly of all who value the independence of uioir country, wno would exclude loreign interferatue, under any form, from our elecr uons and our councils, and who recard th puriiy of the elective franchise as the best safeguard of' our free institution, fo meet the crisis with unslumbeting vigilance, and with the determination to expose and frus trate all attempts to control political results oy any oiner intiuences than those ol rua son and argument But our opponents do not alone depend iur ineir anticipated triumph over the Do raocrsttc party oa Qia iufluefrca to whioh Vri have referred. They hdr'o enlisted the 1 fanaticism of the old andnfew wotlU in their cause. They have assc-cialeJ with one of the most dangerous political sects that has been htrayed against the sacred union of the States"; which the Father of his Cduhtry, in his last address to his children, thus solemn ly commends tu their caro : " It is (he says) of infinite moment that you should properly estimate the immense value of your national union to your col lective and individual happiness; that you should cherish a cordial, habitual, and im moveable attachment to it, accustoming yourselves to think and speak of it as df the palladium of your political safety and prosperity; watching for its preservation wlthjualous anxiety;discountenancing what ever may suggest a suspicion that it can in event be abandoned; and indignantly frown ing upon any attempt to alienato any por tiou ol our country from the rest, or to en feeble the sacred tics which now lint: to gether the various parts." Such are the parting words of the great and good Washington 1 The federal whigs pretend to cherish his principles; and to be governed by his admonitions and example. Yet they have, athis very time, made com mon caue wiih the Abolitionists a politi cal sect, whose objects and measures have a direct tendency to dissolvo that Union vhic)i he so earnestly and pathetically re commends; whose organs have denounced the written compact on which it rests, as cdntaining principles at war with the rights of man and tho laws of God : who have openly declared that they prefer emancipa tion without union, to union without eman cipation; who have, by calumny and mis reprejentation contributed to make one por tion uf pur fellow citizens odious to the oth er to roster sectional feeling; to change brotherly love into bitter antipathy ;and who, if we rtiay credit the declarations Which sdmb df them have made; would willingly sec the political fabric uprooted from its deepest foundations, provided their favorite system df measures cbuld be built Upon its luius. The sdcial duties, the rights of property the charities of life, thd domestic relations are all disturbed. by the conduct of this mis guided sect, and if it were possible that their influence could so far prevail as to produce an interference on the part of the National Legislature, with the institutions of individual Stalest these great interests would become a Sacrifice to a wild, vision ary, and impracticable, if not a designing scheme of philanthropy. In the prosecu tion of this scheme, portiotiB of our fellow citizens have becil denounced as robbers and man-stealers; foreign emissaries Have oeen encouraged to travel through the coun try, uttering and disseminating atfociods ihisrepresenlatioifs and inflammatory harau gues.calculdted to excite servile insurrection and intestine war; arid money Ins even been solicited and procured of enthusiasts m oth- ci i-uumrics, anu oxpenueu uere, in scauer ing the firebrands of discord add disunion throughout the land. Those who see these results; acd persist in the measures which have produced thorn, will not be deterred by the sketch we havo drawn; but if there bo among them others, whose attention has been turned away by exaggerated and exci ting representations, from the great priuci pies of forbearance, mutual concession, and compromise, upon which the Union was founded, and by the sacred pteservation of which alone it can be upheld, we appeal to all such to say Whether a connection.which impeaches their judgment, their patriotism, their justice, and their devotion to our Re publican institutions, should not be renoun ced at once and forever. I tic limits of an address will nnt permit us to extend our remarks, though the field is broad, and the harvest could nut fait to be rich. Wo must, therefore, leave the de- cisioirof the great issues we have raised to the soveroigu people of our beloved cnuntiy, and to the intelligence, honesty and patri otism of our fellow-citizens; not under the belief that we have sufficiently discussed those issues, but in the hope that we have said enough to awaken their attention to them. Our nrinc'ples and objects have been a- vowed. The purity and freedom of the c Icctive franchise; the exemption of our coimuy from a dangerous foreign influence, and tho preservation of our Union against the iincoustilitional aud fanatical spirit of Abolitionism, are the great points in the pending contest, and we proclaim them to our countrymen as matters of vital interest tn our free institutions, Vae candidate we present as the expo nent of our principles, has been tried. His views upon' all thess questions are distinctly known, and have been severely turned, As to him, therefore, the paoplo may act with confidence and certainty. Not so with' our b'Usy and confident op ponents, and their candidate. When as sembled, as we are, in National Conven tion, their policy" dictated that that they should make to the country no declaration of principles, and since that time, an Exe cutive Committee has taken possesoion of their candidate, not tn declare his principles and opinions to the country, but to proclaim to a nation of fteemen that those principles and opinions shall not be declared, "for the public eye," until after the election. Freemen of the United Stales, choose between these parlies and these candidates; Tho decision is yours, and tho stake is yours ! Confiding in the intelligence and repub lican spirit of our countrymen, we do not doubt of success in the important contest which In now pending. The people aehieyi ed'd ievblutibit in .1800, which transferred us from under the iron rod of Federal rule, and wo bann'di (iubstion, that in 1840, thay will maiutJii, successfully, tho same high position wltll (he same groat principles. Jn tho close of the present memorable cam paign, which has been opened on the ono side by costly and stately pageant, addressr ed merely to the senses," it will bo found that the Democratic iiarty, sustained by truth and by reason, will have continued its match of uninterrupted ttldmphs. THE COLUfllBIA DEMOCRAT. "TBUTU .W1T110CT TEAR " sAruiinjiY, .w-irad, 1&10. Presidential election-1840. For. President, Martin van burex. For Vice President, RICKARU M; JOHNSON. AND TUB CONSTlT'UtiONAL TREASURY: ELECTOIUL TICKET. James Clarke, of Indiana; ? , . , Geo. G LeiI'er, ot Delaware, J ' l 3 Col. John Thompson neiijamin Mifllin Frederick Stocver 12 FrcJerick Smith. 13 Charles M'CIuro H J. M.Gemmcll 15 G. M. Hollcnback 10 Leonard Pfouti 17 John Hortonjri 18 William Philion . IS John Morrison 20 Westly Frost 21 Tl6nj, Andcrxon 22 Williim Wilkins" 23 A. K. Wright 24 John Findloy 25 Stephen Barlow 3 tl i Jo H. Smith tin 1 . Steinman m John Dowlin Henry Myers 6 Daniel Jacoby 6 Jesse Johnson 7 Jacob, Able 8 Geo. Christman 9 Vm. Shocner 10 Henry Dehuff 11 Henry Logilu 4i OF JUITS.r. We are not ono of those who would, at all times, make ilio celebration of this me mnrable day political, but at a lime like thff present, when the opposition to democracy nnd the rights ufthe people, aro making Svcry exeition in their power to elect a man to the Presidency wHo has voted to sell white men into slavery to pay a paltry fine an avowed opponent of universal suffiaga' an advoeatb of monopolies and a United Slates Bank an abolitionist and in fact, an opponent of all tho principles" of equality and the rights df man, which the declara lion of Independence was calculated to sus tain, we think it the bounden duty of tho dem'ocr.itic patty to give, their decided disi approbation, by a public demonstration of their feelings and eentiments on a day so glorious to be remembered by all who" aro well wishers to the best interests of man lt'ndi We would therefofo atiggest the prbprlely of the democracy of the county making arrangement for a celebration, to be held somewhere near the centre. Let tho arrangement be made upon a liberal acale,so thatall may havo a chance of partici pitting injthe festivities ol the day. Should it be thought advisable to have such a cele' bration, measures should bo immediately commenced a meeting held and preparato ry arrangaments entered into, for no time is to be lost, What say you democrats of Columbia will you unite. Apf OINTMENTS BY THE PREIV DENT. By and with the advice and cement of the Senate. John M. Nh.es, of Connecticut, to be' Post Matter General. Churchill C. CAMnncr.iNo, of New York to be Minister to Russia. We have received the proceeding!, in pamphlet form, of an Impravement meet ing, of cilireni from Luzerne, Susquehanna and Bradford counties, held at Tunckhan nock, a few days since. The proceeding re ported by II B. Wright, Esq. Chairman of' the committee appointed for that purpose.' and adopted by the meeting, are interesting and important. They urge the necessity of an immediate completion of the niaiaf lines of the stato improvements, and con clusively prove from facts that it would be policy to do so, We intend hereafter' to mako eximo extracts from the pioctedV ings.
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