Historical Newspapers of South Carolina

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extreme paleness, are induced to put faith Ih the dazzling promises ot charlatans a ad perfumers. In every instance, these pretended rem. edies cntud most dangerous conscquen*?:es, especially when they are employed for certain cutaneous affections which arise from a disordered state of the system, and which are, as it were, an effort of nature to re-establish or preserve the health. If lead be once introduced into the animal system, although in a very small quantity, it can never be neutralized by art, and never fails to produce the most deplorable effects. Paralysis, contraction and convulsion of the limbs, loss of strength and the most painful ciiolics, are its most ordinary effects. We may easily imagine that health and beauty are incompatible with the cxis tenco ot such maladies. A distinguished painter in London, lately applied to Sir Anthony Carlisle, about a palsy of the hand and tongue. On i.iquiry, Sir Anthony found that the patient, in one of his processes, habitually rubbed a sugar of lead drying oil, with the middle finger. By abstaining from the practice he fortunately got well. Even before the consequences show themselves, the complexion becomes dull and tarnished, and the skin appears faded, wrinkled, and ghastly. As soon as the deluded dupe removes the paint from her face, she sees in her glass a skin so wrinkled, and a countenance so ghastly, that she redoubles the application of cosmct. ics, till she has finally ruined her complexion and destroyed her health. The employment, says the same scientific surgeon, of nitrate of silver for the pretended cure of epilepsy, which it does not effect, is well known to produce a horrid livid colour of the skin, which remains during life. Baths too Hot or too Cold. Even baths, if too cold, or too hot, are injurious to beauty, by creating excessive irratinn of the skin. Cold bathing rarely agrees with slen/der or delicate females; nor in general ^vvrth persons accustomed to an idle and sfctktfitary life. It is injurious also to aged persons, in whom the faculty ofproducing I caloric is not sufficiently active to cause ft an energetic reaction. The power of reft action is in proportion to the strength of die individual. It is slow with weak per^ sen?, who with difficulty recover warmth, tremble for a long time, totter, and some- I limes suffer acute pain in the head. I need scarcely say that the cold bath must always be hurtful, when, cither from the temperature being too low, or from the susceptibility of the individual, it causes a painful sensation. The cold bath will also be injurious to every person affected with natural secretions, or cutaneous diseases, susceptible of being driven back. As cosmetics, cold baths arc useful only #o women of a full or sanguine habit; and even they ought not to empfby tbo..., ?r.. ( loss hnbituatedfroin a very early to j water at a temperature ?much below that of the body. In other cases, they always r contract the skin, harden it, and rentier it scaly. Baths in the open air, and swimming, ^ from which bealthjuyit^nedicine derive sometimes the most nappy effects, gradually discolour the skin. f * Cold ablutions applied to the head of a j ft person not accustomed to them are also HBrery liable to bring on headache, -inflam- , ft^ination of the throat, &c. J^^Washing the face with cold water, or Elating liquids, espcciailiy destroys eshness of skin and face, in conse e of the reaction which it excites. b impression of dry heat, caused by \ near the fire, immediately after the as been washed in cold water, in- , 3 the reaction of the skin, and often :es, especially on the eye brows, a fcffi V'tri of scurfy luxation, which frequently Cnnot be eradicated, except in sumoaf Land even then the complete cure, ?|k rendered difficult. |||flU^jGps and chilblains in children are ^^^jfto^duced by cold ablutions applied to |g?||Kls which remain uncovered, and; by exposing the hands to the fire. (, ggggWdoaii parts, very cold baths ('and '* Hpllyatn&is true of very warm ones) air f PgjjBk altor/jhe. colour, harden the skin, | effects which females ' Ik avoid in the local ablu- j P face, bands, neck, bosom and i v B, n jjpgPyyths relax and WQgkcn the fibres, " the individual liable to colds. lalffilgiMpg 19 more likely to awaken many "* 11 Ks than baths taken at too hiffh a = tt ^m^^^Kects of a hot bail) are even deltil- 1 bod}* losesrtop much in such -heated to above 110 de- I ttely, in several instances, ^ Vprcducc immediate 7 E. Hynclman, Esq. held an ; y Fnbeis-street on Mary Ann 1 Tfwnach of prepossessing ar and o?fnfb 4'rom birth.? ar nevidenccihat her father's ^ ^m^3PW^/e to be d^tr^ined for rent, W( ^^^aBE^^Qp/earance ot the beadle she w' excited. Yfer falher had | on door withta hammer in , 'e( that an^^Q ?According to w'' ^SS|^^MHj^cgJd^orn the East Indies, l^c in nnrfnnh to a a^( WBmBbS^L -binges in (he in- 0UI SS8BM. J^ ucsolatc--*-lhe inhabi- 01 1 HhBBHBm ?rc* !?y 'i';s Vightfui (or safety to other | ^ KWt^'y n ~i n ii > i >M?> i ! . POLITICAL. 11 DEMOCRATIC OR LOCO FOCO DEPART. < MENT. ( From the Charleston Mercury of Feb. 4. J The Georgia Journal is mistaken as I ^ much in its complimentary attribution to I others of the manufacture and responsibil- i ity of our editorials, as in supposing that ^ i we have intimated we would not support , .Mr. Van Burcn, should the Democratic party prefer hirn as a candidate. It is as wide of the mark as the Charleston Courier . J which, as its want is, indulges a prepos terous fancy, to wit: that if Mr. Calhoun* were out of tho way, our great political enemy, Henry Clay, could "be the second j ! choice" of South Carolina. We have no ^ ill will to Mr. Clay personally, but he is politically anathema maranatha in this State forever and forever. We do not hold Mr. Van Buren to be our enemy on the slave question: we know that he is the friend of the South on that question. What we complained of was that any presses in his interest should be suffered to assail Mr. Calhoun in such a proscriptive and disorganizing spirit. We do not ^ believe that Mr. Van Buren instigated those assaults or that he approves them. We only hold him responsible for indo- ^ lently or indifferently allowing such nefaI rious onslaughts to pass unrebuked when * made by his partizans, for whose insubordinate unfairness unless he and his true c friends pointedly repudiate and check it, c we have a reght to hold him amenable. c D m Pledged to the Constitution, and having a made good their pledges by their deeds% ? ; by votes in Congress on this very t slavery question, the Northern Democrats n are the alies of the South, from whom we j can never be divided, to make common c cause with the Whigs who are the natural a allies of Abolition, making common cause with it against the Constitution, which is the shield of the South. Should this at- P tempt to .proscribe instead of being put down, be encouraged at the North even to the dividing of the Democratic party, o the Southern divison of it may be isolated, fi but, sure as fate, never can fall into the <n Whig ranks, never, never! But there ti will bo no sueh division, ' The nominee 0 of the Convention, whether Van Buren p or Calhoun, will be supported by the whole a Democracy. From the same of Jan. 2l8h. ^ TIIE ANTISLAVERY ASSAULTS ON MR. CALHOUN AND TIIE SOUTH?AGAIN. We intimated an intenti^h to resume this subject, not having expressed ourselves fully, in our reply to the Rachoster C< Advertiser, as we wished then to avoid l! - - writing at too great length. In this matter, while defending our- j selves, our candidate, and our section of; a' the Union, with all promptness, uncom- j h< promisingly hanging out our banner on J hi .the outer wall, and defying, to the out- ot vnnrosiH AitMninti ftf mir country no ni would proscribe the South from the privi- w leges of the Union?whethej^jjch disor- (J( gnnizer he Democrat or Whig?we have Vc wished to do so without maktng war upon fr Mr. Van Buren?to be Mr. Calhoun's af defender, without being Mr. Van Buren's assailant, and, as we have heretofore done C1 to advocate our own choice, without being hostile to the opposing Democratic sf Candidate. And if the latter has been ls hit from this quarter, it has been by the recoil of a treacherous blow struck by his ne own partisans, and he must blame them, Wi and {hem -alone for the retribution. We ali have not withdrawn from Mr. Van Buren ze the credit we havb accorded him for the M firmness with which he maintained State tei Rights prineiplesaftcr he had adopted them *Jn on the Sub-treasury question. j0l ***** co We have not withdrawn our apology for j, his vote against the South on the Tariff of j 1828?although the analogous vote of j Mr. Wright, his confidential friend, on the ' Tariff of 1842 has, it cannot be denied, co| reminded the people hero of Mr. Van Buren's course and excited their distrust, *hc and if the agitation of the subject of Slave | I he ry tends to a sectioned division of the par- ous ty?and to cut off Mr. Van Buren from the Southern support?his friends, who, unre- est >uked by him, have commenced the agita- far ion, are responsible for placing his claim for o the Presidency on grounds which the Sl,p arty and the South cannot recognize kith honor or with safety : and wedo no t . I _ . U 4 1 lrUi lore man our iu mc pony n?cu we i ^ ram them agiunst such principles as : *ri lose put forth in (tie New York Evening j 'a 'ost, the Rochester Advertiser and the | ?r { Nantucket Islander; when we tell them j 8re' iat if his friends are encourilged to rest 1? is claims on such principles, and to elec- you oncer for him at the North by such per- fion tiious disregard to the pledges given by ( tier le Northern Democrats in their manifes- j t'vac ies from Washington and Baltimore, Mr. A. i an Buren can under no circumstances re- js s0 sive the vote of the Southern Democracy. supp 7e tell them this in the name of the peo- tj)at e?we tel! the Northern Democrats ^ j ithfully, that there is distrust already I' ^ nong the people here, both on the Tariff . . id Slavery question ; they ask for a can- tl.tl.01 Jatc so unequivocally committed, by cl*,Zl ird9 and acts, ns to be confided in as one to io cannot possibly go against the South bullii tho?e questions?and if this distrust is as a 1 ancjhstrengthened by the adoption by j that u^oen of the Harrison tactics of one thus jgjVfor the South and another for the W SEjjy professions of one kind to us? once KicaUdectioneering on Anti-Southern (heir ra^^^^Mbyuckwoods of New York, warf. to unite ,, th tnem. -It will not do%o repudiate ment ise bl iws after they have driven their j-Qng ilition daggers again and again into side. The wound will rankle in spite charl the tnrdvsalve. Retractions arc cheap 'eo08, it.. . r t?r tne etiecr imenuea nn9 oeen prtKlu- J ",l I; arid if we mark and blazon every j crs* arate act of treachery to the fJouth tcnde ; i .% \ ind the party, that we see it is not from a j li lesire to assail Mr. Van Burcn. South c Carolina supported him when his own b State did not?we approved and contribu- v cd our aid to that sUpport?and it is noth- 0 ng derogatory to him, that aftor having c 'ollowed zealously when he was a second ^ ime the standard hearer of the party?we ^ hink ourselves entitled from him to a re- . ;ept in full ; would have a Southern Prelident, and deny that having once-suffer;d disastrous defeat under Mr. Van Burcn i11 is General, we are bound therefore to ^ :ontinuc him in command : and that he d s entitled to take command of the ship for h mother voyage?because it has been n vrecked under his pilotage. Because we c ire thus disposed, is it any justification b hat our candidate should be proscribed a or holding sentiments on the subject of s, slavery which entitle him to the support v )f every friend of the Constitution, as j v hey endear him eminently to the conn- y lencc of the Democracy of the South ? e Wo would assail or proscribe no North- ^ ;in Democrat for the notions, we know nany of them hold against slavery ; and ve only remonstrate against our being proscribed for differing with them. P it From the N. Y. Evening Post. n Secret Party Associations.?We n lave before us a sheet containing an ac- e< :ount of the proceedings of a meeting of is Democratic citizens in the Eighth Ward, cl :omprising some of our best and soundest ei lemocrats, in which an able report on se- ir :ret combinations was made, accepted, tl: ind ordered to be printed. The report vi fives the following account of the prac- bt ices often resorted to by associations of sc nen acting secretly, with an understand- is ng among themselves, to turn political ct lections in some way to their private hi dvantage: pi "The mode of operations which oar olitical cliques generally pursue in order ^ o accomplish their selfish end^ is wor- 8P hy of a brief description. Their main Pc bject of course is to fill every public of- ae ce with creatures of their own?with len whom they can manage.' To effect ,n lis object they practice two simple arts mi f mysteries, viz :?1. The art of"making olitical capital" for their instruments? ru nd, 2. The art of "politically killing7' fQ1 ny man who, from his talents, integrity Wl nd weight of character, may be likely ) stand in their way. The first named rt is practiced thus: After deciding in C(* icret conclave as to the individual to be ^ salted, (generally selecting some pliant, 'm isy tempered soul, with as many nega- ue ve virtues as may be, and none o'.her) an io confederates go about to the different. ca lacesol public resort, everywhere casu- ^ lly remarking that Mr, Such-a-one is ^0I scorning quite popular?that they hear im talked of very generally for such an Pn Ticc, and he will no doubt get the nomi4lto?, Sr** Tlu*y Hittr.naa his merits ith great apparent indifference and can- de )r?think on the whole he would be a ? iry strong candidate?that he hasma^fp ienas wno will be greatly dissatisfied, "" id perhaps create a split, unless he is put bri i tho ticket?and so on, according to sy rcumstances and the temper of the per- wo n addressed. Soon the m?n acluully ' talked of for the office by persons who C.V not see the collusion and have no con- estl iction with the conspirators; so what Pu' 13 a pretence at the start, becomes a re- ,s ' ity in the end. Thus, while each citi- evi n knows that so far as he is concerned. vo< r. Such-a-one is at best an object of ut- ma r indifference, he is led to suppose that e great body of the party are very anx- *ra is for his nomination. Each one ac- Pro rdingly stifles his own views out of com- P'a usance to the supposed partialities of } majority; vhile the real feelings of ^"eri nost every individual in that majority rrespond exactly with his own. e^e' This farce is no less adapted to a large ( :atre than a small one. For instance? cou ! Democracy of the city are industrisly persuaded that Mr. A. (of whom 1 :y know little or nothing) is the strong- mri ' I candidate for Governor?that all the aou ming districts are excessively anxious attp his nomination?and they therefore sss press their preferences for Mr. B., REI nrn fllPV rln linniv tn ho an nhlo nn/1 sty man for the station. Go among Fro, ners along the river, and you will find t they intend to support Mr. A. instead y lieir favorite Mr. D. on account of his sjafT at popularity at the north and west. 0f the northern and western counties, COm find they advocate Mr. A.'s nomina- ricul i out of complaisance to the southern min< of counties, and the spirited Demo- the < :y of the city, where they are told Mr. T 5 idolized by all classes. Each section resti' > anrious to accommodate itself to the 'at'? >osed preferences of oUier sections, knov the real preferences ofsections cept entirely oL?t of sight. whea rhile this process of creating a fac- jg ( js ??public opinion" is going on, any (o re] en delected in giving free utterance may s true sentiments is brow-beaten and ment ed by the confederates, and branded In disorganizes fie is made to believe count he is singular in his views, and is took often induced to suppress them. 1829, hen a clique or aristocracy of cliques i ulact l get into power hy such practices, | conc^ means of offensive and defensive i V6/ ire are greatly increased. They can i ^ ly all the powers vested in govern- np(^e to sustain their crimes and usurna- . , , ,,,, , , . \ , bio In I hey surround themselves with halfo ers, immunities, and exclusive privi- 0p t|,js , They create useless offices in order consC( dtiply the number of bribed retain- betwe They organize knots of real or pre- mense d capitalists into semi-political com- of one linations, capable from their union xerting a tremendous power over I iiistness and means of livelihood of i vhole people. They silently transfo ur government into a politico-comm ial Inqusition, where, shrouded in m ery and darkness, the greatest knave he time being holds the office of Gra nquisitor, and enacts his laws in t lame of "the people," Men at last fi t prudent to conciliate the despotism III re made to feel, hut not suffered to i erstand. The business-man fears tl e may he ruined at some opportune n lent by the denial of a loan ; the poll ian, that he will be held for ever ineli le to any post of trust, profit, or hone nd the mechanic, that he will never ufl'ercd to earn a shilling by serving atchman, lighting the street lamps, working in the Corporation Yard. T ery street sweepers often find it expe nt, at our primary meetings, to do t idding of the ruling clique of thi 'ard. Aided by such enginery, the busirn f" politically killing" those who sta 1 the way? 19 for too easy. Integrity o protection against a troop in ambus or can heroism prevail over the poise d darts of hidden enemies, Wh |o!atcd individual can refute the ev< ianging falsehoods and slanderous ir rcdoes of a band of Jesuits, all world concert and in masks ? Or in cn 'e virtues and talents of the destin ctim are too bright to be sullied by fc eaths, the charge of unpopularity >unded by the whole concert?and thus kept in the back ground, where I m d" no good to the people, and i irm to those who would make the pe e their prey." The report proceeds to say that, i ough the men concerned in these co iracies are, singly, persons of lit! >wer to do mischief, yet, by the advar ;e of associating together, they ha the means exerting a strong influen, regard to our nominations and appoin ents to office. The report says : * There is reason to believe that tl ling cliques of the sevferal wards ha. rmed themselves into a general learnt th a common centre. The democ?ra every ward in the city complain thi eir primary meetings are often rejide a mere mockery,' in consequence , b whig invention of colonizing vote; vmg been introduced by certain intrii rs, wearing the mask of democracy d this system could not possibly t rned on to the extent alleged, wit ho, e direction of a general clique, actir r the whole city. Indeed, the existenc such general cabal or cabals might t oved by direct testimony." The Committee declare themselve sses.se d of sufficient circumstantiul ev "rM.0 S^?'VLthat the Primary mectim of the Eighth Ward, at least-hav en for some timo past controlled by iden combination. The followin iet passage/rom tho report, giving th mptoms of a political conspiracy, i rthy of attentive reflection ; u The existence of a political conspira may be established thus : All disinter ed men, in selecting either a private o bhc agent, invariably ask, is he honest fie capable ??and when free from an design or unjust bias, they invariable for the man whom they think to b' st honest and most capable. It is onh en men desire an agent who will he y his public trust for their individua nt, that they can ever knowing!, ce a knave or an imbecile in power therefore, political power lie ever con red in a republic upon one notorious!} fionest or incapable, the bare fact of hination is proof positive of collusion:onspiracy ; as it is impossible to acnt for the fact in any other way." Neither the existence nor the mischief hese private combinations of selfish n to speculate on elections, can be btcd by any person who observes with intion what takes place in this city. >UBLICAN OR WHIG DEPARTMENT. m the N. Y. Courier and Enquirer. THE TIMES. fhile every body complains of the nation of business, the derangement le currency, the destruction of our merce, and the ruinous prices of ag. Itural produce, hut very few bear in i the causes of this state of things and inly efficient remedy, hat our present misfortunes are the It of bad government and party Icgisn, all are compelled to admit who / any thing of the matter; and the lion very forcibly presents itself to onsideration of every reflecting man, ,thcr under existing circumstances, either wise or safe to suffer that party turn to power, to whose legislation justly be traced all the embarrass, s of our position. looking into the past history of the ry. we find that when Gen. Jackson his seat in the Presidential Chair in Commerce, Agriculture, and Manjres, were all in the most flourishing lion. -The Bank of the United i was in the full vigor of usefulness, le country was blessed with the very urrency ever known in the history world. The notes of that admirastitution, were never more than onof one per cent below par in any part I u/i/loitr ovfon/lorl IT miam r? *% A I ? I niuvlj vniVHUVU U IIIUII ) U 11 U HI jtience the difference of exchange en any two extremes of this irnv^ country, never exceeded onc^xrff ?' per cent. The Traveller #wli?? " - of tarn Portland in Maine, hat] only to sup Lhe ply^irnsc'C with U. S. Bank bills, nn< the w'th tkem he could travel to New Orlcan. rin without'%ver king troubled with a dotib er_ as to the of his currency. Thoi ys were alwny^Vvery where at par, exeep fur for the purpose%f de^osite in Banks, whei hills on the most distant Branches, coul< he converted into sy?cic hv the paymen ' ^ of half per cent disc^n!. Now, as w nd before said, the world r)Wcr helore sa* icy such an equalization in tl^^-nkie of cur jn- rency as existed at that penfe^fa the U iat nited Slates, and which, but fon^d legii io- lation and the most wicked mana^menl iti- would have existed at this day. ri- One of the first objects of those wV >r . found themselves at Washington, npper lJC ded to the administration of Gen. Jacl son, was to perpetuate the power the had obtained. Thcv were mostly a ban or * of uneducated adventurers, ignorant c the world and of Government, and full c prepared to illustrate the old adage?"pu . a beggar on horseback, 6cc. &c." The eir were out of position?a set of Goths an Vandals in the midst of a civilization the jss could neither understand nor appreciate nd and in their ignorance, they trifled wit is Government somewhat after the fashio sh, of monkies in a China shop, and with th )n. same result. They saw the immens iat power and influence of the Bank of th United States; but ignorant of the deli IU cacy of the mechanism which kept tha great machine in motion, they foolishl; ? supposed that it was a species of perpetu ul motion?a kind of national clock whicl e only required winding by official hands ^ to insure its running forever. Like chil 13 dren gazing upon the steam engine, tho^ he only saw its power without for a momen he dreaming of the absolute necessity o no keeping every portion of it in perfect or o- der, to insure its working. In their igno ranee and mad determination to retail il. power, they determined to seize upor n the Bank, and convert its power am jc patronage to the party purposes of the ad ministration. At this time Gen. Jack son, Martin Van Burcn, Isaac Hill, Blair yg ' # ' Lewis, Kendall, and every man or dema CC in and about the administration L O O ll* was in favor of the'Bank and determiner upon its re-charter. Gen. Jackson anc ie Mr. Van Buren were so pre eminently -'0 its advocates, that both of them had ap c, plied to Mr. Biddle for an increase of its ts Branches?Mr. Van Buren asking for one it at Albany, and Gen. Jackson seeking for r. a Branch at Nashville. But we speak advisedly when we say, that all were in rs favor of the Bank and its re-charter?for T at that period we were their associate and political friend, thinking as they thought ' upon this subject, and as *8 well known, -separated from them because they, one and 1 all, abandoned their principles, and sought '? to desiVfoy the Bank the very moment that they were not permitted to control it. While all was friendshi^and kindness towards this great r fi-11 _ J L :s Isaac rim?a uemagogue who wouia nan i- done honor to the Dantons and Marats ol rg the French Reyolution, resolved that the e President of the Branch Bank at Portland, a Maine, should be removed from his posi? tion, and a creturo of his own bo substi" tuted. He satisfied the conscience keepj ers of Gen. Jackson of the policy of this measure and the necessity of having the Bank under the control of the administraL* tion ; and streightway Mr. Ingham the " the Secretary of the Treasury, addressed a 'r letter to Mr. Biddlc, calling for the removal of the President of the Portland Bank. Mr. y Biddlc demanded charges against that offiy cer; and when informed that his removal e was demanded on the ground of his being Y politically opposed to the administiation . of General Jackson, he very properly reJ plied that in the government of the Bank , and its Branches, the mother Board knew nothing of politics, and never permitted the question to enter into their considersr tion in administering the affairs of the Institution. >Ve beg the reader to res mr.rk that we are now detailing what has become history and susceptablo of ' proof. A long correspondence followed between Mr. Biddle and Mr. Saml. D. * Ingham; and if we are properly advised; i that gentleman has recently remarked ! that he looks back upon that period of his i public life as the only one he would desire to bury in oblivion. In this corresponcence Mr. Biddle was strong in his refusal to permit the Governj ment to controul the affairs of the Bank; and then it was that the Marais> the Dantons, and the Sans Culolls who had followed in the train of Gen. Jackson when with his herd of Goths and Vandals he took possession of the capitol, gravely J determined they would destroy that which ' they could not controul and direct. We ; will do them the justice to admit however, . that they knew not what they did. Ig. I norant alike of everything connected with 1 monetory affairs, with commerce and with ' government, they vainly imagined that i j the great and complicated machine of < i government which they had seen work < 1 so well, and apparently of its own volition, I | would continue to accomplish its purpose, i They knew not, saw not, dreamed not, i that there was any science in government; < and that the commercial, the manufactur- I iug, and the agricultural interests of the t country were all dependent upon a well t regulated currency. In their ignorance f therefore, and to gratify their hatred of a the honest and able financier, whose fpr L seeing wisdom fortold the consequences g of intermeddling with the currency, they t grnvelj rushed upon the destruction of c the Bank. Gen. Jackson however, could ? not be at once controlled. He was avow, ft edly a Bank man ; and for years after, p he continued to admit the usefulness and fe constitutionality of a National Bank, only d< claiming the right ot preparing its re- hi ch;utejv^-_ ci ytz need not follow the history of this gl crusade ngainst the Bank. Prominent i nt unmix the expedients for dispencing with ?f i National Institution, was the creation of j ~ ^ m ! additional State Hanks with large capita .1 Unfortunately for the country, nt that^H s period every Legislature in the countnMH t with one or two exceptions, was under t'>^W i direction of Jacksonisin; nnd in consc'I > *l- S't-L II_J (Wrlll i qiiencr, wncn mo \.tiovr. cuuuu u|?un ? ?? ) lo create new Banks, they promptly rC" I sponded to the call, and in one year a?#* t merited the nominal Banking capita* P e the country one hnndred and twenty*9'* v millions of dollars, and in two years, t*0 - hundred and forty-four millions of d? - lars!! Arid all this on the plea i- was necessary to supply the place " t, thirty millions of capital about to be IB 1 drawn in winding up the affairs of iO tional Bank! ?- j The intelligent reader need not^H^^^H t? | that the simple fact that Jackson^^^^^H y lattices had, in obedience to Jackj^^H^^H d tat oM^lled into being upward^^^^^^H )f | hundr^^%^-To:ty y Capital, did not add to the actual we3t^^^ it or capital of the country one dollar. But y I this immense number of Banks havilg d ! been created, and capital diverted fro? y other sources to put them in operation, it ; followed of course, that they must loa? h out their money or they could not mak# n dividends. But it will hardly be contene ded that the creation of new banks will ' e create new business. Here were two e hundred and forty million of additional' > banking capital seeking employment, bat t no additional business created by it. y What then? Why a struggle ensued be> tween these banks to find borrowers; and h as mankind are prone to use money when i, offered to them, borrowers were found; but then followed another struggle heir tween the borrowers to find the meant of t profitably employing the sums borrowed. f As we before remarked, the legitimate ^ - business of the country could not be creased by the increase of banks ; and of i course, speculation in public lands, and i every conceivable species of property, 1 was the consequence, followed by the ex travagance which this state of things en gendered. , We pause here, and enquire of every candid, intelligent man of both parties, ? whether these are not well established his-^^ i I torical facts? They most certainly are^j^r I and in tunes like the present, should r recalled to mind and calmly pondered - upon. i During the fictitious state of things * 5 ! thus created, and the wild speculations ' and extravagance thus fostered, the States, governed by individuals among i whom this #nania existed, undertook to ' dcvelope loo rapidly their latent resources and become borrowers in the European markets of very large amounts. Their credit was undoubted ; and offering six or seven per cent, interest while the Governments of Europe paid but three or four, it is not to be wondered at that foreign capital flowed naturally in this direction. The British Ministry found their permanent Stock rapidly falling in value, and huvers of their Exchequer Bills as rapidly diminishing; and the greatest a* 1 latin ?a*the very natural rnnscquence. They saw v<^^sj>lainly, that if the credit of our Statescefa^Mgdunimpaired, and our country prosperon^Mlfci/ three per cents would fall to fifty, andaTfr^loana would necessarily be at the rate of"i est paid by our States. Destruction ^ therefore, stared them in the face; and in': self-defence, they determined through the J Bank of England, to strike a blow at jbj American credit. That blow come when vH least expected; but even then had our 3 Government acted wisely, its too fatal consequences might have been foreseen and avoided. But instead of this?instead of legislating to sustain the commerce and credit of the country?the cry of" Perish credit?perish commerco" was sent forth under the auspices of Mr. Van Burcn, a deadly warfare was waged against the very Banks which Jacksonism and Van Burenism had called into being; and while the Bank of England at the instigation of the British Govern, mcnt, struck us a blow on the other side of the water, Van Buren and his statelites instead of repelling, gave it full force on 'W this. Instead ef repealing the Specie Cir- / j cular which Jackson in his ignorance had issued, and thus enabling the Banks to ipymeet the blow levelled at the credit of the country, he proclaimed that "allwhotra- * 'j ded on boriowed capital ought to fail/' kj and left us exposed to the mighty crusade b waged for the very existence of English & . credit. It was a war of fearful odds. OnM one side was the Bank of England backed^ by the British Government and every iqrr J dividual interested in her enormous debF| 14 on the other, the American merchant,and J the thousand and one State Banks of tm j Union. The G.iveonmcnt of the Unitaf .1 States held in its hands the power to dv I terminc the result. In whichever sea I they threw their influence?to whichew party they give their support?they ? fl sured the victory. But alas for America credit, American prosperity, and Atnei ran patriotism! Van Buren and his sata* lites thought only of themselves. He hev had seen with how little trouble* 1 ivhole people may be governed* if onco II j :rushed to the earth by the operation of a > j lard-moncy system. He pointed to (wen. | y-one nara momea governments wncra *h he people were uncomplaining and sal is, ied, because ground to dust by starvation ind oppression. IIo determined to rulo iv breaking the spirit of the people ; and ?? frave/y and fiendishly determined, thrtt& he Government should not sustain the* redit of the country, but that all should f' * perish" as his friend had proclaimed 1 om his seat in Congress, and the pros, 1 erity and happiness of the people be of. I ;red up at the shrine of his hard?moncy | octrine. In short, he decided against i* is country, his countrymen, and tho * edit of the States, and in favor of En? , land and the English capitalists; and wjp c now reaping mc nwiui consetjucncc* !iis want of patii jlism. M