Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

Bgaa3Bafi^S> ;&FL&? .y-- , - *.? ?*$>>'; V'IS - '' '* ^L* tatmw paleness, are induces! to put foiflr ifctMdnaaling promises of chsrlalMs an?( J?'"'???"* W/ la way instance* these pretends rem. dm eataU meat dangerous consequences, eape^pitljr when (hoy arc employed for certain cutaneous affection * which $amJbm+* tViaonlsnail afi In of ihaaya, lem, aM which are, as it were, an effort or mhMrsftanaJiltid or preserve the hcaftf; 71f r If l^be once introduced intp the anithai *ytf?^aUhough in a very smntl ?nM?fm x^onaon. tmffl % %>A^wk enisle, Wat rWfrotlhft W and tongue. S"i??SWry? ^r^.n^90y foun? ?*1 l5'* ofhw orocessOR, habitually ruoood a sugar of lead drying oil, with the ftom .ho >#58'W V fortunately get well. Eron teforo the consequences ahow themselves, the completion becomes dull and laraished, and the skin appears faded, wtinlclod, and ghaatly. As soon as tho deluded dope removes (he point from hor ?l?u#aiB herein** a shin ?p wrin. HbIm|? odd o-awmtonanee so ghastly, that aim ultldlilMi Hie application of cosmot. tsca^tithslm has finally ruined her'com. IplsxMNraMd destroyed her health. *dr.-Thp sa>|ihyint>tlsnysthvsame seienlifio smgtsn, of nitrate of silver for the psdtewded Owe of teprkfwy, which it does *adt -efihet, irafell known to produoea hor. .rid livideeftour of the skin, which remains derioglife. >. ?- H &rtAa tea ifot ?r m CM. - ' '* a 'tfivfinrbadis^ if too eeld,or too hot, are .iujdriooe to beavty, by creating excessive inuaiaw of the skiiK *** ->* ^ ? i hu-Cold bathiifg rarHy agreer with slen-1 dor hr'delicate females f nor in general -Odwh-pefsotoe accustomed to an idle and j w?Hwy ?w> rvwtttjuruKtaaiaofoagea yiliMlf 4* whom the facotty of producing *?Hi li'IT nol'miffidently aetivo tooauae a* poorgetic reaction. The power of roVMfcAfe tt?*rtf?artion totb* ettength of MmfaHvlfhH.*>It iiitow with weak per. ?Mpa, wtao wilhdfffieetty recover warmth, IMoHi Hilt 4oog limb, totter, and someaeoti $mm in iha hind. 1 yyd !*lh *qet*l?tya biifffal, when, ether from tho temperature -being top low, or from the e&acepOwUjr pf ihatuduiUu*!, it caa-1 ^N^kel^apttaBhctetl with natural secre<fr itiuneous'dite&se*, auecopt ifclo of ft'oiwa mtniLir w*3SeB^?^tlu<are useful only dFif &fri& sanguine habit'; and ttWi fhe/ietfkhtNnot to employ tbeio; on SaswiBrX'gv. Wewhtta tavbmsto Wlmocb t>elow that elTHtrtotfir.1 ^fn bA&'&Ses,4 they niwajra 826^' i^tanhB "' nd reou<!r air, a nd awl mming. fieiJacho, in flam Bs skin, and often he eye brows, a vhith frequent* except in sumcure in 'children are itfontf'applied to uncovered, and inndfto the tiro, cold baths (and lWSYi &\?,r re^ftW] ivdid in (he local abluzPwfc?* hnnthJ, b^K?'U?oroand ltd hatha relax and weaken (ho fibres, and ronder (he iodivklual liable (o colds. fftftftftgl* ibore likefj'te awaken many tvvitatsoM tbaAbalho tafcvD at too high a (awpaafaw. d : -(O?.A o.v* -d< 'IfceetTeetaof a hot both are even debilHatoM|.r *f ha hady leaeetooismeto i* milt ,m ttMtbki IkHa Mooted to above 110 degaaid ihIM Mtlr, id several instances, head h?afii Hot prodoco immediate insanJfttgrn rvr* 71: dw>? v. ' k ikmInkkkocs i -<l>^M*gdJar stese of &**th by Fright.**? Hflmtkdiif S. B* fiyftdmsn, Kaq. hold ah kHMtiaiAia#' AO ?^l n M hit 4 *MMpPlvOTtffinCVMirvoi OH IVIIvy Ann D^rk. a young Ireaaewof frtpMaoning .dffrsaraitdSy drafnhddumh hoia lMrth.? iili dppedwwl N?ef wdsa'na (hot Wr father's tdAsia sitiaiii.iAlkM ilaai* o?Z F+.? mmu. a a*Mt)raa<f b*app?arane#of tha beadle abe ibiaalaaMaiiibiy axaitad. Her father bad dodr #ilb a hammer in ifito not appear thrtany atahMaa?'to*fcee?r um4< ' Suddenly aha Pt^aaettai^iihk and dropped - lead. Veridtpfii^'Qiaii Oam:fright, aafaaed by oxcite. CtkMUMM >1* ?tr*w?fr.'-~According to ttipaaaa froaMha East India#, 4fea^Mia>fltatapif i ia< barrtak io a teriorhara beaofn* deaolala?tUa inhabiliiii^atrirf lhiafrightful ' orrMa^ad fa#, anroty Id other iputed'tiitoMftty.*c:.f jc ^h"j Ffj* .1-v-?v DEMOCRATIC OR*LOCO FOCO DEPART- ? MENT. T' , | - *'' ' j Prom the Charleston Mercury of Feb. 4. ! Tho Georgia Journal is mistaken u much in its complimentary attribution to others of the manufacture and rcsponsibiU 1 ily of our editorials, as in supposing t'aat { we have intimated we would not support ' Mr.~V*iiB?ircn,*bouM "the Democratic ' party prefer him as a candidate. It is as 1 wide of the mark as 'ine Charleston Courier ' which, as its want is, indulges a prepos- ' terous fancy, to wit: that if Mr. Ca-houn 1 wero out of tho way, our great political enemy, Henry Clsyj could "be the second ' choice" of South Carolina. We have no it! will to Mr. Clay personally, but ho is politically anathema maranatha in this 1 Stato forever and forever. We do not ' held Mr. Van Buren to be our enemy on the slave question: we know that he is 1 the friend of the South on that question. UTK.f" hi. .nmnlafnul nf w.a Ih.f MM.' ' WW ! ?? WW V VWIII|n?l1l?V%l VI WWW wo mm J pioseea in Mm interest ahoukl belttffered 1 to aasail Mr. Calhoun in such a proscriplira and disorganising apirit. We do not ' believe that Mr. Van Buren instigated those assaults or that he approve* them. We enly hold him responsible for indo- | lently or indifferently allowing such nefarious onslaughts to pass unrebuked when 1 made by his partisans, for whose insuborUHaaiu umairness uuiu?> h? anJ t?U true friends pointedly repudiate and check it, * we hawe a reght to hold foira amenable. Pledged to the Constitution, and having < made good their pledges by their deeds, | by votes in Congress on this very elaverjr question, the Northern Democrats are'the-alies of tho South, fromwhonrwe can never be divided, to make common , cause with tho Whigs who are the natural . allies of Abolition, making common cause with it against the Constitution, which is the shield of the South. Should this at. I tempt fo proscribe instead of being put 1 down, be encouraged at the North even 1 to the dividing of the Democratic party, < tho Southern divason of it may bs isolated, i but, sure as fata, never can fall into the i Whig ranks, never, never! But there i will be no such division. The nominee , of the Convention, whether Van Buroa | or Calhoun, will be supported by the whole , Democracy. t From the same of Jan. 2<8A. TYTK A*Tf.iT.iVPIIV a qu a irr/pe aw wee CALHOUX AKO TR1 SOUTH?-AGAIX. We intimated an intention to resume ( this subject, not having expressed our. selves fully, in our rcslv to the K?ch??U>r Advertiser, as are wished then to avoid writing at too great length. In this matter, whilo defending our- I elves, our candidate, and our section of 1 the Union, With all promptness, uncom- ' promisingly hanging out our bannc^on ' the outer wall, and defying, to the out- < vance all such enemies of our country as i would proscribe the South from the prtvi. < leges of ths Union?whether such disor. < ganfeer he Democrat or Whig?we have , wished to do so withoot maktng war upon. < Mr.'Van Baren?to bo Mr. CalhoanV , defender, without being Mr. Van Buren's ( assailant, and, as we have herstofore dono to advocate our own choice, without bo. ' ing hostile to tho opposing Democratic 1 Candidate. And if the latter has boon 1 hit from this quarter, it has been by the 4 recoil of a treacherous blow struck by his 1 own partisans, and he must blame them, ' and them alone for the retribution. We < have not withdrawn from Mr. Van Ruren ; the credit we have accorded him for the firmhesa with which he maintained State | Rights principles after he had adopted thorn i on the Sub-treasury question. " * We have net withdrawn our apology for hi* vote against the South on .the Tariff of 1828?-although the analogous vote of Mr. Wright, his confidential friend, on the Tariff of 1842 has, it cannot be denied, reminded the people* herd of Mr. Van Bu. ten's course and excited their distrust, and ifthe agitation of the subject of Slavery tends to a sectional division of the paxtt?and to cot off Mr. Van Buren from Southern support?his friends, who, unrequited by him, have commenced the agita> tien, are responsible for placing his claim tefhe Presidency on grounds which the party and tho South cannot recognize with honor or with safoty : and wo do no more than out duty to (he party when we warn them against such principles as these pot forth in the New York Evening Post, the Rochester Advertiser and the Nanincket Islander; when wo tell them inm ii nis iricnds are encouraged to real 1 his claims on such principles, and (o elce- ! tioncer for him at the North by such per* I Adieus disregard to the pledges given by t the Northern Democrat? in their roanifes- < toes from VVashinglon and Baltimore, Mr. Van Buren can under no circumstances re- j I ceive the vote of the Southern Democracy. t We toll them this its the name of the peo- , pie-? we tell the Northern Democrats ( faithfully, that there is distrust slroady among the people here, both on tho Tariff and Slavery queetion ; they ask for a can. didato so unequivocally committed, by ' words and acts, ae to bo confided in as one 1 who cannot possibly go against the South 1 on those quest ions?sod if this distrust is < fail aiul atrnnalhanarl k?r i Ha ailnntinn ku I any men of the Hatrison tactics of one I voice far the South and another for tho North, by profession#of one kind to us? , and local electioneering on Anti^Southern { principleein the backwoods of New York, , the South can never be brought to unite ( with thorn. It will not do to repudiate ( these hi ?ws after they hare driven their abolition daggers again and again into oar side. The wound will rankle in spite ' nf Ike tardy salve.. Retractions are cheap 1 after the effect intended has been produ. 1 red; and if wo mark and blazon every ' separate act of treachery to tlie South 1 in#^RyrMr(y, that w? afirit is wok from ta*# Ftffeaaail m. V?* Baron. South "arOhne'eup ported hii^ when hie own State did not?ire approved and contributed our aid to that support?and it ie noth. og derogatory to hire, that after hiring "ollowed soatooaty when hi wilt ascend time the standard bearer of the party?we think ouraelvee entitled from him to a recept in full; would have a Southern Pro. iideht, and deny that having ohce suffered disastrous defeat under Mr. Van Burcn us General, we are bound therefore te continue him in command : and that he is entitled to take command of the ship foi another voyage?becauao it haa been wrecked under hia nilotaee. Becauao we aro thus disposed, is it any justification that our candidate should be proscribed for holding sentiments on the subject ol slavery which entitle him to the support of every friend of tho Constitution, a? they endear him eminently to the confidence of tbe democracy of the South T Wo would assail or proscribe no Northsin Democrat for the notions, we know many of them hold against slavery ; and we only remonstrate against our being proscribed for differing with them. From the N. Y. Evening Poet. Sbchkt Party Associations.?We hnve before us a sheet containing an account of the proceedings of a meeting ot Democratic citizens in the Eighth Ward, *?m|M cot iij? swilie Ot OUT DeSl BOU SOUiiUval democrats, in which an able report on secret combinations was made, accepted, and ordered to be printed. The report gives the following account of the practices often resorted to by associations oi men acting secretly, with an understanding among themselves, to turn political elections i i some wajr to their private advantage: " The mode of operations which our political cliques generally pursue in order to accomplish their selfish ends, is worthy of a brief description. Their main abject of course is to fill every public office with creatures of their own?with men whom they can manatee. To effect this object they practice two simple arts of mysteries, via:?1. The art of "making [political capital" for their instruments ? and, 2. The art of "politically killing" any man who, from his talents, integrity and weight of character, may be likely to stand in their way. The first named art is practiced thus: After deciding in iccret conclave as to the individual to bo exalted, (generally selecting seme pliant, tempered soul, with w many negii live virtues as may be, and none o'.her) the confederates go about to the different places of public resort, everywhere casti. ally remarking that Mr, Sueh-a-one is becoming quite popular?that they hear him talked of very generally for such an office, and he will no doubt get the nomU nation, Ac. They discuss his merits with great apparent indifference and candor?think on the whole he would be a rery strong candidate?that he has many friends who will be greatly dissatisfied, and perhaps create a split, unless he is put on tho ticket?and so on, according to SirAiiMnlanMaa ewJ IKA *1*? ??fU lira M7UI|rai VI IUV pvi* wn addressed. Soon the man actually is talked of for the office by persons who do not see the collusion and have no connection with the conspirators; so what was a pretence at the start, becomes a reality in the end. Thus, while each citizen knows that no fhr as As is concerned. Mr. Such-n-one is at beat an object of utter indifference, he is led to suppose that the great body of the party are vory anxious for his nomination. Each one accordingly stifles his own views out of complaisance to the supposed partialities of the majority ; w hile the real feelings of almost every individual in that majority correspond exactly with his own. This farce is no less adapted to a large theatre than a email one. For instance? the Democracy of the city are industriously persuaded that Mr. A. (of whom they know little or nothing) is the strong. 381 candidate for Governor?that all the farming districts are excessively anxious for his nomination?and they therefore luppress their preferences for Mr. B., whom they do know to be an able and trusty man for the station. Go among farmers along the rivor, and you will find that they intend to support Mr. A. instead of their favorite Mr. B. on account of his l$reat popularity at the north and west, [n the northern and western counties, C. I .1 -J ?- 1*. * ? ?' - you intu nirj numuio x??r. a. s nomination out of complaisance to the southern tier of counties* and (ho spirited Demo, cracy of the city, where they are (old Mr. A. is idolized by all classes. Each section is so anxious to accommodate itself to the rupposed preferences of other sections, that the real preferences of all sections ire kept entirely out of sight. While this process of creating a factitious ?* public opinion" is going on, any sitizen detected in giving free utterance to his true eentiments in brow<benten and l?. .u_ r?i?.? ? i? ? rumen twj ? vuillUUorBlOR, BT1Q DrRnUOO ? a disorganizes Ho is made lo believe that he is singular in his views, and i? thus often induced to suppress them. When a clique or aristocracy of cliquei Mice get into power hy such practices, their means of offensive and defensive warfure are grootly increased. They can employ all the powers vested in govern, rnent to sustain their crimes and usurpations. They surround themselves with charters, immunities, and exclusive privileges. They create useless offices in crdei to multiply tho numl?cr of bribed retain crs. They orgnnizo knots of real or pre tended capitalists into semi-political com 9 ! Wetioai^liNlikAs^ihefi^^on ol > exerting V/dt^endop#: power ovbr the i bustnoa^B^tncapa jfUvcUhoo+bf the whole people.% They silently transform ; atqpfcjsnss: tery end darknesa, the greatest knave foi 1 the time being-traids the office of-Orand | Inquisitor, and enacts his Is we in the | name of " the people." Men St last find , it prudent to conciliate the despotism the> i are madb to feet, but not suffered to un, derstnad. The business-man fears thai he may be ruined at some opportune mo. i ment by the denial of a loan ; the politi. > cian, that ho will be held for ever ineligii bto to any post of trust, profit, or honor ; I and the mechanic, that ho will never be ^ suffered to earn a shilling by sorvihg at watchman, lighting the street lamps, 01 1 Working in the Corporation Yard. The very street sweepers often find it expedient, at our primary meetings, to do the hMrflnor nf tk* rnlinir .linn. nf Ik.ii Q ?NW WSawjaaW* V? ??VH I ward. Aided by aueh enginery, the businesa of ** politically killing" thuee who atand in the way, ie far too easy. Integrity ia no protection against a troop in ambush, i nor can heroism prevail over the poisoned darts of hidden enemies. What ' isolated individual can refute the ever, changing r*t?*hnn<ts and slanderous inu . oimIoos of a band of Jesuits, all working in concert and in masks 1 Or in case , the virtues and talenta of the destined victim are too bright to be sullied by foul breaths, the charge of unpopularity ia sounded by the whole concert?and he is thus kept in the back ground, where he I can do no good to the people, and no i harm to those who would make the people their proy." The report proceeds to say that, although the men conoernod in these conspiracies are, singly, poreons of littlo power to do mischief, yet, by the advantage of associating together, they have of the means exerting a strong influence in regard to ear nominations and appointments to office. The report says : * There is reaaon to believe that the ruling cliques of the several wards have formed themselves into a general league, with a common centre. The democrats of every ward in the city complain that tlieir primary meetings are often renderod a mere mockery, in consequence of the whig invention of colonizing voters having been introduced by certain in'rig. UGtij Wearing the mask of democracy; and thia system could not possibly bo carried on to the extent alleged, without the direction of a general clique, acting lL l?t i?_ ?J wi >u? nuuravii/i tuueoa, tne extsionce of such general cabal or cabals might be proved by direct testimony.** The Committee declare themselves possessed of sufficient circumstantial evidence to show that the primary meetings ?of the Eighth Ward, at least?havo So for some time past controlled by a den combination. The following brief passage from the report, giving tho symptoms of a political conspiracy, is storthy of attentive reflection : ' 44 The existence of a political conspira. , ay may be established thus : All disintereked men, in selecting either a private or peblie agent, invariably ask, is he honost? is he capable T?and when free from any Ovil design or unjust bias, they invariably vote for the man whom they think to be most honest and most capable. It is only when men desire an agent who will betray his public trust for their individual profit, that they can ever knowingly place a knave or an imbecile in power. If, therefore, political power be ever con. ferred in a republic upon one notoriously dishonest or incapable, the bare fact of his elevation is proof positive of collusion? of conspiracy ; as it is impossible to account for the.fact in any other way.** neuner ine existence nor tne mischiefs of these private combinations of selfish men to speculate on elections, can be doubted by any person who observes with , attention what takes place in this city. REPUBLICAN OR WHIG DEPARTMENT From the N. Y. Courier and Enquirer. THB TIMES. While every body complains of the stagnation of business, the derangemont of the currency, the destruction of our commerce, and the ruinous prices of ag. riciiltural produce, but very few bear in mind the causes of this state of things and the only efficient rcmody. That our present misfortunes are the result of bad government and party legislation, all are compelled to admit who know any Iking of the matter; and the question very forcibly presents itself to tho consideration of every reflecting man, wheather under existing circumstances, it is either wise or safe to suffer that party to return to power, to whose legislation may justly be traced all the embarrass. moats of our position. > In looking into the past history of the i country, wo find that when Gen. Jackson > took his seat in the Presidential Chair ir 1829, Commerce, Agriculture, and Man, ufactures, were all in the most flourishing condition. The Bank of tho United , States was in the full vigor of usefulness | and tho country was blessed with the vorj best currency ever known in tho historj of the world. The notes of that ndmirn Isle Institution, wero never more than one 1 half of one per cent bolow par in any par <>f iKia Mflrlnltf A,tnmlnrl ITniAn . .M.I . r connequenco the difference of exchangi * between any two extreme* of this irn men no country, never exceeded onc-hal - of one per cent. The Traveller starling , without ever being troubled with udoubt m to ,the value of hie currency. They [ wer? alweya, ckerv where at par. except foWho purpose of dcposito in Banke, when bill* on the most distant Branches, could be converted into specie by the payment ! of half per cont discount. Now, as we " before said, tho world never bolore saw such an equalization in the valuo of cur- I rency as existed at that period in the U?* 1 t nited States, and which, but forbad logis lationand the most wicked management, i would have existed at thia day. i One of the first1 objects of those who i feund them solves at Washington, appen. , ded to the administration of Gen. Jack- 'i son. was to- ocroetiintn the noivnr iliov I I ? I?I I " J ? had obtained. They wero ninatly a band I of uneducated adventurers, ignorant of I the world and of Government, and fully prepared to illustrate tho old adage?-"put 1 a beggar on horsoback, dec. &c." They were out of position?a sot of Goths and Vandala in the midst of a civilization they > could neither understand nor appreciate; I and in their ignorance, they trifled with t Government somewhat after the fasHion ; of raonkies in a China shop, and with the same result. They saw tho immense power and influence of the Bank of the United States; but ignorant of the delicacy of the mechanism which kept that great maohino in inulion, they foolishly supposed that it was a species of perpetual motion?a kind of national clock which only required winding by official hands, to insure its running forever. Liko chil1 dren gazing upon the steam engine, thoy only saw its power without for a moment dreaming of the absolute necessity of keeping every portion of it in perfect order, to insure its working. In their ignorance and mad determination to retain power, they determined to seize upon the Bank, and convert its power and patronage to the party purposes of the administration. At this time Gen. Jackson, Martin Van Buron, Isaac Hill, Blair, Lowia, Kendall, and every man or demagogue in and about tho administration, was in favor of the'Bank and determined upon its ro-charter. Gon. Jackson and Mr. Van Buren wero so pro-cmincntly its advocates, that both of them had ap. plied to Mr. Biddlo for an increase of its Branches?Mr. Van Buren asking for one at Albany, and Gon. Jackson seeking for a Branch at Nashville. But we speak advisedly when we say, that all were in favor of tho Bank and its re-charter?for at that period we woro their associato and political friend, thinking as they thought upon this subject, and as is well known, separated from thembocause they, one and all, abandoned their principles, and sought . n.. i jL. ? io aosiroy mcuanK me very moment mat i they were not permitted to control it. c While all wus friendship and kindness *] toward* this great National Institution, r Isaac Hill?a demagogue who would have t done honor to the Dantons and Marata of [ the French Revolution, resolved that the I President of the Branch Bank at Portland, r Maine, should be removed from hia posi- c tion, and a cretureof his own bo substi. c toted. He satisfied the conscience keop- c or* of Gen. Jackson of tho policy of this \ measure and the necessity of having tho < Bunk under the control of the administra- t tion j and atreightway Mr. Ingham the i the Socretary of the Treasury, addressed a ] letter to Mr. Biddlc,calling for tho removal j ofthb President of the Portland Bank. Mr. I Riddle demanded charges against that offi- ( cer; and when informed that his removal c was demanded on the ground of his being t politically opposed to tho administiation ? of General Jackson, he very properly re- ? 1 plied that in the government of the Bank t and its Branches, tho mother Board knew ? nothing of politics, und never permitted 1 the question to enter into their considers, t tion in administering tho affairs of tho i Institution. We bog the reader to re. I mark that we are now detailing what i has becomo history and susceptnhlo of i proof. A long correspondence followed < between Mr. Biddle and Mr. Saml. D. i 1 Ingham; and if wo are properly advised; I that gentleman has recently remarked < i that he looks back upon that period of his i public life as the only one he would desire i to bury in oblivion. , , In this corrcsponcence Mr. Biddle wns < strong in his refusal to permit the Govern- ? ' ment to controul the atfuirs of tho Bank ; < 1 it fi ? anu wen ii was mat tho Dlarats, tho < Dantons, and (he Sans Culolts who hnd < followed in the train of Gon. Jackson I when with his herd of Goths and Vandals < he took possession of the cnpitol, gravely i determined they would destroy (hot which they could not controul and direct. Wo will do thom the justico to admit however, ; that they knew not what they di.l. Ignorant alike of everything connected with i monetary affairs, with commerce and with government, they vainly imagined that the great and complicated mnchine of government which they had seen work so well, and nppnrenlly of its own volition, would continue to accomplish its purpose. They knew not, saw not, dreamed not, that there was any science in government; and that the commercial, tho munufactur. ing. and tho agricultural interests of the country were all dependent upon a well regulated curroncy. In their ignorance thcreforo, und to gratify their hatred of tho honest and olile financier, whose far seeing wisdom fortold the consequences of intermeddling with tho currency, they I gravely rushed upon the destruction of , the Bank. Gon. Jackson however, could 4 I A a II 1 *? f not do > oncu comruiicu. no was mowr odly Hank man ; and for ycnrs ufter, . iio continued lo admit the usefulness and . constitutionality of a National Bank, only t claiming tlio right of preparing its reI clinrtor. 3 We need not follovv the history of this . crusade against tho Bank. Prominent f nmoni; tlio expedients for dispcncing with j a National Institution, was lite creation of |ijl|KjLnnl Stato Banks wilb lorgo capitals. t lftfbftunn<cly for the country, at (bat j paflbd ..every Legislature in the country I With ofte or t vro cxcoptions, war under the I aifocmori of Jackson ism; and in consequence, when tho Globe colled upon (bem to create new Banks, they promptly re* xponded to the call, and in one yearaugmentcd ihe nominal Bahfitftg eftpttit of the country one hundred and twenty-six millions of dolldre, and in two yfeare, two hundred and forty-four millions of dollars!! And all thid on ttft plea that it was nocessary to supply the place of the thirty millions of capital aboutlo Be withdrawn in winding up the affairs of the Na- ' tionnl Bank I The intelligent reader need not be told, that the simple fact that Jackson Legislatures had, in obodienceto Jackson die- 4 tat on, called into being upwards of four 1 hundred and forty million of Banking i Capital, did not add to the actual woaith or capital of tho country one dollar*. But this immense number of Banks having been created, and capital diverted from >thei sources to put them in operation, it followed of course, that they must loan aut their money or they could not make dividends. But it will hardly be contended that the creation or new banks wilt create new business. Here were two hundred and forty million of additional banking capital seeking employment, but 10 additional business created by it. What (hen ? Why a struggle ensued be. ween these banks to find borrowers ; and is mankind are prone to use money when >ffcrcd to them, borrowers were found; mt then followed another struggle beween the borrowers to find the means of arotitably employing the sums borrowed, is we before remarked, the legitimate >u8inesH of tho country could not be in:reascd by the increase of banks ; and of rourse, speculation in public lands, and ivery conceivable species of property, vas tho consequence, followed by tho ex* rnvagnnce which this state of things engendered. We pause here, and enquire of every :andid, intelligent man of both parties, vhether thexo are not well established hisorical facts? They most certainly are ; tnd in times like the present, should be ccnlled to mind and calmly pondered jpon. During tho fictitious state of things hus created, and the wild speculations ind extravagnnco thus fostered, tho States, governed by individuals among vhom this mania existed, undertook to lovclopo loo rapidly their latent resources ind become borrowers in the European narkots of very large amounts. Their redit was undoubted ; and offering six ?r seven per cent, intoresl while the Govtrnmnnla nT PnvAnn rv?, 1.1 Kni am rl MMIVIMV VI fUf V|/V ^HlU VM* IHICC VI I Villi % t is not to be wondered at that foreign inpital (lowed naturally in this direction, rhe British Ministry found their perma. lent Stock rapidly foiling in vnltio, and ho buyers of their Exchequer Bill* an ralidly diminishing; and the greatest aarm rai the very natural consequence, rhey saw very pluioly, that if the credit if our States continued unimpaired( and ?ur country prosperous, their three per :cnts would full to fifty, and all new loans vould necessarily be at the rate of interist paid by our States. Destruction herefnre, stared them in the face ; and in lelf-defence, they determined through the Sank of England, to strike a blow, at tmorican credit. That blow come when east expected; but even then had our jrovemment acted wisely, its too fatal :onsequenccs might have been foresoen md avoided. But instead of this?initead of legislating to sustnin the com. nerce and credit of the country?the cry >f41 Perish credit?perish commerco" was tent forth under the auspices of Mr. Van Suren, a deadly warfare was waged igainst the very Banks which Jacksonsm and Van Burenism had called into icing ; and while the Bank of England it the institution of the British Government, struck us a Itlow on the other side >f the water. Van Burenand his statoliths nstcad of repelling, gave it full force on this. Instead ef repealing the Specie Cir. :ular which Jackson in his ignorance had issued, and thus enabling the Banke to meot tho blow levolled at the credit of the country,ho proclaimed that "all whotraled on bonowod capital ought to fail," and left ua exposed to the mighty crusade waged for the very existence of English credit. It was a war of fearful odds. On one sido was the Rank of England backed by tho British Government and every individual inlcrrcuted in her enormous debt) r?n the other, the American mftrchahf,and tho thousnnd nnd one State Banks of the Union. The Govconmcnt of the United States held in its hands the power to de? ? ft | ...I* 1? ? lurmmu mu rcsuii* in wmciicvor memo Ihcy throw their influonce?to whichever party (hoy give Choir support-?they ensured tho victory. But alas for Americent credit, American prosperity, end Amtrh can patriotism! Van Buren and hie setalite* thought only of themselves. He and they had soon with how littlo trouble a whole people may be governed, if once crushed to tho earth by tho operation of a hard-money system. lie pointed to twerttyone hard monicd governments wbcro the people wero uncomplaining end satisfied, because ground to dust by starvation and oppression. 11 o determined to rule by breaking tho spirit of the people ; and gravely and fiendishly determined, that tho Government should not sustain tho credit of tho country, hut that all should * fiOrittlft" nu liia lYisirwl h;tfl nrnrleim/wl I ? I from liis nca( in Congress, and Iho proa, purity and happiness of the people be offered up ut lite uhrino of bin hard-money doctrine. In short, ho decided again** hi* country, his countrymen, and ihp. credit of Iho States, and in favor of Englum! and the English capitalists; and wo lira now reaping the awful consequence* of his want of patiiutism. * * + * *'