TENUIS OF THE AMEllICAX."
HENRY 0. MASSER,
JOSEPH EISELY. J
PtiBLianmii j
Paoraii-roa.
. B. JttJtSSEH, Editor,
ottlCI IS MAB-IT STKIIT, MtAB DIM.
THE AMERICAN" in published every Satur
day at TWO DOLLARS per annum to be
piiJ half yearly in advance. No paper tlisconiin
ued till a Lt arrearage! are paid.
No subscription received for a le period than
ix mouths. All cornmunicationa or letter on
buiincs relating to the office, to insure attention,
must be POST PAID.
From the Al Y. Sunday Mercury.
Machine Poetry.
Sammer la Nigh.
Mis Spring.
The fickle thing.
This year has l en upon a spree ;
One day
Quite gay.
And full of mirth and glee ;
The next sad.
The next glad,
And next da after, melancholy j
JJut I ciin see
That we
Shall he
Coon rid of all her folly
Eor the welcome comer.
Summer,
Will be here soon,
Upon the rosy car of June,
To deck with flowers
Those half-trimmed bowera
That Irzv Spring so carelessly ha slighted,
And aee that all things once again are righted.
I love to hear
The hum
Of bum
Die bees;
And listen to the sum
Mrr bieeze,
While murmuring mid the trees,
Willi acceni loud and clear.
I shouldn't wonder
Not at all.
If we had thunder,
Ere next full,
To which big guns mut all knock under.
Well, let it come
With its fierce bomb,
And knock things all to smash t
We cannot guide,
Nor turn abide
Its course, nor dodge the lightning's flash.
Wont it be hoi
In dig days 1
Aye like a pot
Above a scorching blaze,
Man's blood will boil and bubble.
Dogs will run mad to cause us trouble;
If thry don't bile,
Musqueter
Darn the creetert S
Sorely will at least, at night.
While we're asleep,
And make us keep
Fighting,
Smiting,
Thrashing,
Clashing,
Till morning shrds its light.
Yes, summer's nigh,
Its hard by
The Irene its message bears ;
'Twill soon appear
Wis now close here;
Well, let it come who cares! Seon-.
SUNBTOY AMERICAN.
AND SIIAMOKIN JOURNAL:
Absolute acquiescence in the decisions of the majority, the vital principle of Republic, from which there is no appeal but to force, the vital principle and immediate parent of despotism. JirriBso.
lly Itlasser & Elscly.
Sunbtiry, laortliumbcrland Co. Pa. Saturday, Juno 12, 1811.
vol. i xo. xxxrni.
'obacco A Short Patent Sermon.
The following by whom I know not,
;ither do I care must serve as a texl
my present discourse :
Tobacco is sn Indian werd.
It was the dev J that sowed the seed.
My indulgent and indulging hearers
-it was the devil, beyond all question,
ho first sowed the seed, and who is
ill the sole owner and proprietor of all
iat is, or ever will be, raised of this
uI-contaminating vegetable. Oh, you
Je tobacco worms ! 1 hardly know
hether it is best to poke you about
ith a long stick of rancor, or stand far
ter off and rely upon the enticing
nvers ot persuasion. 1 expect, how
ser, to accomplish but little, any way.
My hearers to such of you who are
i the habit of chewing, allow me to
jdress myself, butt-end formost. If
du don't leave off the filthy practice, I
lall put you down upon my catalogue
' unclean beasts, to be shunned and
voided by all decent society. It is a
ractice productive of no good whatc
jr, and fraught with more evils than a
.avenger's horse can carry. It ren
;rs your carcasses as loathsome and
sgusting as those of buzzards. It
ams your dickeys as well as your mo
tl characters : blackens your teeth and
uls ; causes an odoriferous stench to
)w continually from your mouths;
id not only infuses a deadly poison
to your blood, but leads you to an in-
ination for occasional dissipation
om that to semi-occasional intoxica
in. Man's mouth, my friends, was
jver made for a tobacco-box; and I
onder how any one can have the cou
ce to chew that which he dare not
vallow. I'd like .to see a man stuff
me of the Trash in bis abdominal pan
v. Ifhedid'nt feel uncomfortable a
ut the waistbands soon after, it would
j because sickness was afraid to come
jar him.
Snufflnjj, my friends, is nearly, if not
lite, as bad as chewing, and 1 grieve
observe that females as well as males
e addicted to it. When I see a wo
an who sneaks as though her nasa
can was made of bell-metal -who
o .... j i i .:
ys "pud n lor puaaing wnosc wu
as vellow as the latter end of autumn,
know she takes muff in sufficient
quantities to make and Egyptian mum
my sneeze in its sarcophagus; and I
also know that her brains ure equally
as dirty as the handkerchief she uses
and that's enough to throw a pair of
tongs into convulsions. Many pretend
that they take snulTto clear their heads.
It clears their heads in time of all spark
ling, brilliant, and original ideas, and
leaves instead a confused chaos of un
finished thoughts ; wrecks of fancy, and
any number of untamed chimeras.
That is the only way in which it clears
their heads, my friends. The less dust
you admit into your noses, the clearer
your heads will be, the better your
health, and the more transparent your
morals.
From the lloatim Transcript nf May 21if.
Reminiscences.
Wednesday was the aniTersnry of the mcmora
lie "dark day," which occurred on the 19th of
May, 1780, sixty-one years ago. A friend has
brought ua a copy of Nathaniel Low's Almanac
for that year, in which ia the following memoran
dum written on a blank leaf:
"May 19th ; A remarkable darkness overspread
the Heavens, insomuch that candles were lighted
at Noon Day. A dispute among the Philosophers
about the cause Some attributing it to Smoke,
othera only to the detached appearance of the
clouds, many to concurrence of both these. A
inong the last the Professor of Mathematics in Har
vard College."
The Almanac fiom which the above ia copied,
belonged to a venerable and highly distinguished
clergyman of this city, who was accustomed to note
down what he termed, "important oceunences."
Among other events which he chronicled during
the year were the following t
April 29. Marquis de la Fayette arrives in
Boston.
July 19. French regiment landed in Boston.
August 25 The Students of Harvard College
present a petition against the President and he
promises to resign.
It was the custom in those days for the parishi
oners to make numerous presents lo their Pastor.
Those which this distinguished Clergymen received
during this year (17S0) we find duly recorded in
the almanac. Some of them would hardly be
deemed appropriate in these temperate times.
They are as follows arranged by months.
Phesimts. January Mr. Parsons, 3 gallons Ja
maica Spirit ; Mr. Carter, one quart shrub ; CapL
Kunny, one box wine.
February. My Brother Sammy, a trunk ; Dca
con Sharpe, 2 quarts Hum; Mr. Townseud, a 60
dollar bill; Mr. Vernon, in Esquebo, cloth and
trimmings for a suit ofclothes.
March. Capt. Thompson a lb. Green Tea.
Mrs. Uarrett, a pattern for breeches ; Mrr Welsh;
a cambric bankerchief ; The Society a black coat.
April ! !!!!!!!
May. Mr. .Ingram, a pair of aiik stockings ; Ax
ora, half a guinea; My Mother, a curious pipe stop
per, tipped with gold.
June. CapL Soyer, 12 dox. wine, 12 in- rum
1 bottle sweet Oyle; Mrs. Homes a guinea; Mr.
Parsons, Velvet for Shoe trimmings, 6lc; Mr.
Hainmrt, 12 dox wine, 2 lb. tobacco j Brother Sam.
my, Soles for pair of Shoes.
August. Mrs. Holmes left me a Guinea; Mrs.
Fowle gave me 20i hard money ; Mia. Welsh, a
pair ofSilk fj oves; Mrs. Hall, 5 boi ilea of Wine.
Dfiucon Simpkina, a pair of silk stockings.
September. Capt. Jama, some Orsnges and
lemons; Deacon Sharpe, 6 lb. Sugar; Capt. Bige
low, 3 doz. lime.
October. Mrs. Hammctt, Hankerchif; Broth
er Sammy, a pair of Shoes; Cspt. Jama, 1 doz.
pipes; Deacon Barrett, 3 Gallons Wine; Dr. Ap
pleton, a beautiful inhatandUh ; Mr. White, a quire
of paper; IS'eio S(.car, a pstr of fowla.
Novemlier. Mr. Sara'l Skillings, a Cane; Pico
& Avis, some linen ; Capt. Runny a dozen of limes;
Mr Mitchell, two Hankerchiefs.
December. Mr. Larkin a turkey ; Mr. Howard,
Oranges and limes ; Capt. Kunny, a dozen cf lirncs,
Mr. Barrett, 3 Gallons of Wine; Mr. Vernon, 210
dollars Mr. Adams, pair Silk Gloves,
Trm iterance.
It may be noted, as one of the eviJencea of the
beneficial effects of the temperance reform which is
now going on throughout the land, that on the last
election day, the pollt exhibited quite another scene
than the usual one of violence and confusion, of pro
Canity and indecorum, which has heretofore usually
disgraced them. Let the good work go on, and
society will reap the benefit throughout all it chan
nek Frederick Herald.
To tick Ink oct or Liaan. Take apiece of
mould candle or common candle will do nearly as
well melt it, and dip the spoiled part of the
linen into the melted tallow. It may then be wash
ed, and the spola will disappear without injuring
the linen.
Bote leaves dried in the shide, cloves Wat to a
powder, with a small quantity of scraped mace, all
mixej together and placed ia a eilk bag, is a choice
article for a lady's toilet.
The fcli-ka of (be Hand.
The hand of the heart is the index, declaring
If well or if ill, how iia master will stand ;
I heed not the tongue, ot its friendship that's swear
ing
i I juJg of Bum by the ihaltt of hit hand.
rilESIDEXT'8 MESSAGE, I weakest Gf ,nG fnmilv of nations as well
To the Senate and Houae of Representatives . . . , rA..:.,l
of tit tnitad state i as to tlic most powerful. Uccasional
Fellow-Citizens : conflicts of opinion may arise, but w hen
You have been assembled in vour re J the discussions incident to them arc
spective halls of legislation under a conducted in the language of truth, and
proclamation bearing the signature of with a strict regard to justice, the
the illustrious citizen who was so lately scourge of war will for the most part be
called by the direct suffrages of ihe peo- avoided. The time ought to be regard
pie to the discharge of the important cd as having gone by when a resort to
functions of their chief executive office, arms is 10 uccstcemea as ineoniy pro
Upon the expiration of a single month Per arbiter of national differences.
rom the day of his installation, he has The census recently taken shows a
Caid the great debt of nature, leaving regularly progressive increase in our
ehind him a name associated with the population. Upon the breaking out of
recollection of numerous benefits con the war of the Revolution, our numbers
ferred upon the country during a long scarcely equalled three millions of souls;
life of patriotic devotion. With this they already exceed seventeen millions,
public bereavement are connected o- and will continue to progress in a ratio
ther considerations which will not e- which which duplicates in a period of
scape the attention of Congress. The about 23 years. The old States con
preparations necessary for his removal tain a territory sufficient in itself to
to the scat to Government in view of a maintain a population of additional mil
residence of four years must have dc- lions, and the most populous of the new
volved upon the late President heavy States may evn yet Imj regarded as
expenditures, which, if permitted to but partially setttcd, w hile of the new
burden the limited resources of his pn- lands on this side of the Kocky luoun
vatc fortune, may tend seriously to the tains, to say nothing of the immense re-
embarrassment of his surviving family ; gion which stretches from the base of
and it is therefore rcspectlully submit- those mountains to the mouth ol the Uo-
ted to Concrcss whether the ordinary lumbia river, about 770 millions of a-
principles of justice would not dictate cres, ceded and unceded, still remain lo
the propriety of its legislative intcrposi- be brought into market. We hold out
uon. iy me provisions oi me lunaa- to tne people oi omor countries an invi
mental law, the powers and duties of tation to come and settle among us as
the high station to which he was elect- members of our rapidlv-growing familv;
cd have devolved upon me, and in the and, for the blessings which we oiler
dispositions of the representatives of the them, we require of them to look upon
states and ol the people will be lound our country as their country, and to
to a great extent a solution ol the pro unite with us in the great task ol pro
blem to which our institutions arc for serving our institutions, and thereby
the first lime subjected. perpetuating our liberties. No motive
In entering upon the duties of this of- exists for foreign conquest. V e desire
fice, I did not feel that it would be be- but to reclaim our almost illimitable
coming in me to disturb what had been wilderness, and to introduce into our
ordered by my lamented predecessor, depths the lights of civilization. While
Y hatever, therelore, may have been we shall at all times be prepared to
my opinion, originally, as to the pro- vindicate the national honor, our most
priety of convening Congress at so car- earnest desire w ill be to maintain an
ly a day from that of its late adjourn- unbroken peace.
mcnt, I found a new and a controlling In presenting the foregoing. views, 1
inducement not to interfere with the cannot withhold the expression of the
patriotic desires of the late President, in opinion that there exists nothing in the
the novelty of the situation in which I extension of our empire over our ack-
was so unexpectedly placed. My first nowledged possessions to excite the
wish under such circumstances would alarm of the patriot for the safety of
necessarily have been to have called to our institutions. The Federative svs-
mv aid, in the administration of public tern, leaving to each State the care o
affairs, the combined wisdom of the its domestic concerns, and devolving on
two Houses of Congress, in order to the Federal Government those of gene
take their counsel and advice as to the cral import, admits in safety of the
best mode of extricating the Govern- greatest expansion, but, at the same
mcnt and the country from the cmbar- time, I deem it proper to add that there
rassmcnts weighing heavily on both. I w ill be found to exist at all times an
am then most happy in tinding myself, imperious necessity for restraining al
so soon after my accession to the Pre- the functionaries of tins Government
sidency, surrounded by the immediate within the range of their respective
representatives of the States and peo- powers, thereby reserving a just ba-
pie. lance between the powers granted to
No important changes having taken the Government and those reserved to
place in our foreign relations since the the Slates and to the people,
last session of Congress, it is not deem- From the report of the Secretary of
cd necessajy on this occasion to go into the Treasury, you will perceive that the
a detailed statement in regard to them, fiscal means present and accruing arc
am happy to say that I see nothing to insufficient to supply the wants ot tne
estroy the hope of being able to pre- Government for the current year. The
;rve peace. balance in the Treasury on the fourth
The ratification of the treaty with day of March last, not covered by out-
Portugal has been duly exchanged be- standing drafts, and exclusive of trust
tween the two governments. This Go- funds, is estimated at SG0,00O. This
vernment has not been inattentive to the includes the sum ol is.uin) deposnea
interests of those of our citizens w ho in the Mint and its branches, to procure
lave claims on the Government of metal for coining and in process of coin-
Spain, founded on express treaty sti- age, and which could not bo withdrawn
pulations, and a hope is indulged that without inconvenience; tlms leaving
the representations which have been subject to draft in the various deposito
made to that Government on this sub- ries. the sum of 13,000. By virtue
jeet, may lead ere long to beneficial re- of two several arts of Congress, the Sc-
su ts. crctarv ot the 1 reasurv was aumorizca
A correspondence has taken place be- to issue, on and after the fourth day of
tween the Secretary of State and the March last, Treasury notes to the a-
Minister of Her IJrilanic Maiesty, ac- mount of 85,413,000, making nn ng-
credited to this Government, on the sub- grrgate available fund of &0,059,000
ject of Alexander McLeod's indictment on hand.
and imprisonment, Copies Ot Wllicn are But this funJ was chargeable with outstanding
herewith communicatee! tO Congress. Treasury nolea redeemable in the current year, and
III addition to what appears from intere.-t thereon to the estimated amount of 6,280,.
these papers, it may be proper to Slate OOO. There is also thrown upon the Treasury the
that Alexander JUCL,COd lias been Heard payment of a large amount of demands accrued in
rniCKs or ADvnRTisrvo.
t square I insertion, fO CO
1 do 8 do . 0 75
1 do S do 1 CO
Every etibeeque nt ingertirn, 0 55
Yearlr Advertisement, fwilh the privilege ni
alteration) one column 23; half column, (18,
throe S'liinre., 512 1 two squnres, ; J ; one eriiiar
5. Without the privilege of alteration a lirul
discount will be made.
Advertisements left without directions si to the
lenetli of time thee are to be pub'inhed, will l a
continued until ordered out, and charged accord
mgly.
CfSixtoen lines make a equnre.
by the Supreme Court of the State of I whole or in part in former years, which will exhaut
New York, on his motion to be dlSChar- the available mem of the Treasury and leave the
ged from imprisonment, and that the de- accruing tevmue, reduced aa it is in amount, bur-
cision of that Court has not as yet been dened wi'h d. bt md charged with the current ex-
pronounced, pensea of lb. Government. The aggregate amount
The Secretary of StOtC lias addressed of ouUandmg appropriations on the fourth day of
to me a paper upon two subjects, inter-1 March las', was 144.429.6i6 do, oi Dicn.,.iiy
esting to the commerce of the country,
which will receivo my consideration,
and which I have the honor o commu
nicate to Congress.
So far as it depe-,, js 0n the course of
this Government, our relations of good
will and friendship will be sedulously
cultivated with all nations. The true
American policy will be found to con-
sist in trie exercise oj a spiru oi jusm
to be manifested in the discharge of nil
our international obligations, to the
000 wi 1 be required during the current year ; and
there will elwi be required for the use of the War
Department additional appropriations lo ll amount
of 2,511,133 98, the special objects of which will be
seen by reference to the report of the Secretary of
War.
The anticipated means of the Tressury are great.
ly inadequate to this ilrmand. The receipt from
curloma f-r the'last three quartera of ihe hut year,
and the first quarter of the present year, amounted
to l.,U 0.000 j lUreceipa for landa for the same
tiro to f 2,748,450 showing aa revtwua)
from both aourcre of f 1,236,870 per month. A
rnduil exparision of trade, growing outof a resto
ration of confidence, together with a reduction in
the epenes of collecting, and punctuulity on the
part of collecting officers, may cause an addition to
he monthly receipts from the customs. They are
stiinatrd for the residue of the year from the fourth
of March at 12,000,0(10; the leceipts from the
public land fir the anme time are estimated at
$.500,000 ; and from miscellaneous sources at
$170,000; making nn aggregate of avails). lo fund
ithin the year, of $ 14 670,000; which will leave
a probable deficit of f 1 1,406,132 99. To meet this,
soma temporary provision ia necessary, until the
amount can be absorbed by the excess of revenue
which are anticipated to accrue at no distant day.
There will fall due within the next three months,
Treasury notes of the issues of 1840, including in.
tereat, about $2,S50,0OO. There is chargeable in
the same period, for arrearages for tjking the 6th
census 294,000 ; and the estimated expenditures
for the current service ere a'.-out $9,100,000, ma
king the aggregate demands upon the Treasury,
liorto the first of September next, about $11,-
340,000.
The way and means In the Treasury, and eiti-
mated to accrue within the above named period,
consist of about f 094,000, of funds available on the
28th ultimo; an unissued balance of Treasury notes
authorized by the act of 1641, amoimting to $1,-
965,000. and estimated rcccipte from all source of
f 3.S00 000, making an aggregate of about $6,460
000, and leaving a probable deficit on the 1st of
September next, of $4,P4 5,000.
In order to supply ihe want of the Government,
sn intrlligrnt constituency, ir; view of their best
interests, will, without hesitation, submit to all ne-
cess.irv burdens, lint it is nevertheless important
so to iine them as to avoid defeating the jut ex
pecta'ionn of the country, growing out of pre-exist
ing laws. The act of the 2d March, 1833, com.
monly cdlcd the compromiac act, should not be
altered except under urgent necessities, which are
not believed at this time to exist. One year only
remains t. complete tire erire of reductions provi
ded for by that law, al which time provUions made
by the ame law, and which then will be brought
actively in aid of the manufacturing interests of the
of the Union, will not fail to produce the moat be
neficial result. Under a system of discriminating
dutie imposed for purpose of revenue, in unison
with the provisions of existing laws, it i to be
hoped that our policy will, in the future, be fixed
and permanent, so ss to avoid those constant fluc
tuations which defeat the very objects they have in
view. Ve shall thu bebt maintain a jo.ition
which, while it will enable us the more reidily to
meet the advances of other countries calculated to
promote our trade and commerce, will at the same
lime leave in our own hands the means of retalia
ting with greoter eflVct unjust regulation.
In intimate connexion with the question of reve
nue is that which malics provision for a suitable fis
cal agent capable nf adding increased facilities in
the collection and disbursement of the public rev
enues, rendering more secure their custody, and
consulting a true economy in the great multiplied
and delicate operations of the Treasury Department.
Upon such an agent depends in an eminent degree
Ibe establishment of a cuircncy of uniform value,
which is of so great importance to all the essential
interest of society ; and on the wisdom to be msnU
fested in its crea'ion much depenJs. So intimately
interwoven are its 0 cration not only with the in
terests of individual but with those oftheState.
thit it may be regarded in a great degree as con
trolling both. If paper be used aa the chief medi
urn of crcilalion, anJ the power be vested in the
Government of issuing it at pleasure, either in the
form of Treasury drafis or any other, or if banks be
used as the public depositories, with lilerty to re
gard all surpluasea fiom day to day as so much ad
ded to their active capital, prices are exposed to con
stant fluctuations, and indu-try to severe ulTering.
In the one case, political considerations, directed to
party purposes, msy control, while excessive cupid
Ity may previil iu the other. The public is thu
constantly liable to imposition. Expansion and
contraction miy Lllow each other iu rapid sue
ce.-sion, the one engendering a reckless spirit of ad
venture and speculation, which embraced States a
well as iiuIiv-.Juals ; the other causing a full in pu
ces, and accompUhing an entire change in the as
pect of affaire. Stock of all kind rapidly decline
individual are ruined, and Si ite embarrassed even
in llieir effort lo meet with punctuality the inter
est on their debts. Such, unhappily, is the stuieof
thing existing in the United Slat ie. These ef
fects may readily be traced to the cure above re
ferred to. The public revenues, on being rcmov
cd from the then Hank of the United Statea, un
der an order of late President, were placed in e
lected State bank, which, actuated by the dojble
motive of conciliating the Government and aug
menting their profit to the greaWtt possible extent,
enlarged extravagantly their discounts, thus ena
bling all other exiling banks to do the same.
Large dividend were declared, which, st mutating
the cupidity of cpitali!s, caused a ru-h to be
made to the Legislature of the iesctiv State for
similar acta df corporation, which, by msny of the
Ktatea, under a temporary infatuation, were readily
granted, and thus the aJtmeululion of tha circula
ling medium, cou-iaiing ahnofl eielusively of p.
ir, produ-d most fatal delusion. An illustra
lion, Ueiived fiom th land "lea of tha period allu-
ded to, will actvo best to show ibe clTjct tf the
whole system. The average eale of the pub'ia
lmide, for a period of ten year prior to 1334, bed
not much exceeded 2,000,000 per annum. InlS3i
they attained, in round number, to the amount
of $6,000 000. In the succ.cJin? year of 1535
they reached $16,000,000. Ai.d the next year of
1836, thry amounted to the enormous sum of
000.000. Thu crowding into the short rpict of
thiM years upwards of iwcr.ty-three year' pur
chase of the public domain. ! i tppar.rit had be
come the necessity of arresting this course of thing,
that "he Executive department assunv d the highly
questionable power of discriminating in the fund
to be sed in payment by different classe of publia
debtors a discrimination which w douVlo-a do
cigned to correct this mot ruinou late of thing
by the exnetion of specie in oil pnj rr.-it for th
public lands, but which could not at ones arrest tha
tide which had i-o strongly set in. Hctice the de
mands for pecio bme meeting, and corres
ponding prostra'ion rapidly ensued under ne
cessities crested with tha ba-;ks to curt .il their dis
count, and thereby to reduce tlie'r cireu'ation, I
recur to thce thing with no disposition t censura
pre-existing administration cf the Govcrnmen'.bul
imply in exemplification of the truth of iho posi
tion which I have assumed. If, then, aoy fiscal
agent which may be created shall be p'accd, without
due restriction!", either in the finds of the odminii-
Iratori of the Government or thoso of private inJi
vidua!, the temptation to buse w i,'l prove to lm
resicless. Objects of political ajsrandiicnient may
seduce the first, and the prompting of a boundleea
cupidity wiil assail ihe larf. Aided by the . ::,-rri-ence
of the past, it will bo the pleasure of Cengre
so to guaTd and fortify the public interests, in tha
creation of any new agent, as to p'ace them, ao far.
a human wisdom can accomplish it, on a footing
of perfect security. Within a f w years past,
three different chemeshavelee! before the country.
The charter of the Rank of the United Siates cxpi
red by its own limitations in 1836. An effort wa
mad to renew it, which received the sanction of
the two Honae of Congress but the Then Presi
dent of the United State exercised hiVc.' pirar,
and the measure wis defeated. A r"?ird to truth
requires me to sy tb.nt ihe President wi fu'ly uv
tained in the coursa he had taken by the popn'.r
voire. Hi successor in the Chair ofitate unquili
fiedly pronounced his opposition to any new charter
of a similar institution ; and not only the popular
election which brought him into power, but tha
election through much of his trrm seemed clearly
to indicate a concurrence w th him in sentiment on
the part of the people. After Ihe pub ie money
withdrawn from ihe United States Hmk. thry
were placed in deposite wi'h the Stulo btrk. and
the result of that policy has b en before t'.ie coun
try. To say nothing as to th-? question wl.".!ier that
experiment was made under propi ious or :v.lcrsj
circumstances, it may safely be asserted that it diJ
receive ihe unqualified cundr:nni;tion of most of
its early advocates, and it i? Mieval was alsJ con
demned by the popular aentiment. The ciijtinj
sub-Trcasury em does net se- to s'nnd ia
higher favor with the people, bi't has recently bern
condemned in a manner too pl.v.niy mdica'.ej O
admit doubt. Thus, in the s'.crt period of eight
years, the poputsr voice r..; be re;;irdf' 'I'l :rr
auccessive'y coiuh'Tnrd each r.f th'rc schemes ol
finance lo which I have adverted. As to ihe first
it was introduced at a time (H16) whrn tbo Sttta
banks, then comparatively few n nu:i;Vr. hJ
been forced te wj.peivl rjcjie payments, ly reaori
of the war which had prrvio-iVy pn-vrloj with
Great Britain. Whether, if ibe Untt. l Siatr
Bank charur which exp re! in 1311 hiJ hem re
newed in due season, it would lm" been enabled
to continue specie payments iloriiij the war and
the disastrous period to the rvn;r.cice of the cjon
try which imme 'iat.'y succeeded, is to ny tha
least. problematical; and whether the United State
Bank of 1816, produced a re-!jrti.m of speeia
payments, or the same wa accomplished through
the itistrumentali'y of other !...-..-, wui a rnVerof
ome difficulty al thit time to determine. Certain
it is that, for the first years of the otra'.ion of that
Bank, its course was as disastroua as for the greater
part of it subsequent career it became eminently
successful. As to the ec;:id, tiie experiment wc
tried with a redundant Treasury, wbi.-h continued
to increase until it seemed to be the part of wisdom
to distribute ihe surplus rrvtuue among the States,
which, opcrut'ng at the same time wiih th? specie
circular, and the cause Icloio adv. ia.l to, rs J
them to suspend rpecie payments, and involved
the country in the greatest ciubarra.;rnmt. And,
as to the thiid, if carried th'oueh all the stages of
its transmutation, fiom pirwr and specie to ni'':in
but ihe precious metals, to siy noih'mi; of the inse
curity of tha public money , it injurious effect
have Wen anticiotl by the c. unity in its u:i
quhficd condemnation. What ia now ti be re
garde 1 as the judgement of the American people on
this whole subject, I have m aectira'e mean of do
ti rmiiiin? but by apiwa'ii' to ir m1re imme
diate repre-rnlative. The late cont 'ft, which ter
minated in the ehvii n of Gen. H umo- to tha
Presidency, was decided on piincipie will kuowu
and openly declared i ond, while the sub-Treasury
received iu lLa result the nio-t decided condemna
tion, yet no other scheme of finance aocm ta have
concurred in. To you, then, who htve coma mora
directly from the body cf our common constituents,
I submit to t'. entire question, aa best qaaiified la
gio full upoakiiM of their wish tat apUuoaev