Слике страница
PDF
ePub

THIRD SERIE 8.

No. 6-Vol. IV.)

BALTIMORE, APRIL 9, 1825.

(VOL. XXVIII. WHOLE NO. 708

THE PAST THE PRESENTS FOR THE FUTURE.

EDITED AND POBLISHED BY H. NILES, AT $5 PER ANNUM, PAYABLE IN ADVANCE.

MONEY-MANUFACTORIES AND RELIEF LAWS. I shall, bably lost as much as she has gained by migrations always have reason to congratulate myself on the ad- since the fatal year 1918, when the forty-three "indeventurous stand that was taken in the Register in pendent banks' were littered; though her longest1818, against banks and banking, and other legisla- cultivated fields have not yet lost any portion of their tive acts for the manufacture of money, as well as original productiveness; and her population is still those for the "relief” of the people, which naturally very sparse. followed the original wrong; and I must also think The mania which commonly seized the people of that there was some little merit in opposing the great the United States soon after the peace with Great monied aristocracy that was growing up at that time, Britain in 1815, more severely raged in some of the and which threatened the destruction of all who western parts of our country than in any other would not send in their "adhesion” to it. The peo- and the people of Kentucky and Ohio seemed most ple, however, sustained me, and I cared but little deeply inoculated with it-except, perhaps, those what dishonest banks and dishonest bank-managers of a considerable portion of Pennsylvania: but, in could do. Most of these bave passed away to their the latter, it was considerably checked by the haoriginal insignificance, but they dragged many worthy bitual caution of a “pains-taking” people. Thousands persons along with them; and, on account of the last, of persons forsook their farms and their workshops to it was with general regret that I witnessed a fulfil- become merchants. Whoever could raise a few hunment of all the predictions that had been made, as to dred dollars in cash, hastened to expend it in the the dreadful explosion and amount of suffering that eastern cities, as well as to exhaust all the credit would follow the mad doings of those days. But it is that he could obtain, in ill-advised purchases of fopleasant, indeed, to observe that the people of most reign goods. These were hurried into the interior of the states-perhaps, in every one bui Kentucky, with as much promptitude as if every day's delay on have nearly or altogether recovered from the disor the road was the loss of a little fortune and so the der that afflicted them; and Kentucky might, also, cost of transportation was doubled, to be added to have been healed, if a policy had not been pursued the originally imprudent expenditure. As the goods similar to that of pouring fresh potions of ardent spi- were bought on credit, they could be sold on creditrits down the throat of a drunken man, for the pur- and who would wear an old coat when he might so pose of making him sober, and of enabling him to easily obtain a new one at “the store?"-he could stand erect on his feet! And even now this policy get credit, and pay “when convenient." The hum of prevails. The popular voice is, (or lately was), in the spinning wheel was banished from the evening's favor of it; and the ad captandum cry of "relief," fire-side, and the sound of the shuttle no longer disdrowns the voice of truth and scorns the lessons of turbed speculative minds. There was a plenty of every esperience. Political quackery is the order of the thing, because there was a plenty of credit! Tho day. “But the end is not yet."Much as the people needless debts thus created amounted to millions! of Kentucky have suffered, they must suffer much but "pay-day” came at last. The city merchants more. As I repeatedly warned them of the condi- pressed the country dealers, and they pressed their tion which they were running into, that they might customers every one pulled and hauled, and, "get avoid it, perhaps some will now be more willing to what you can”_ gave himself who may," was bel"listen to reason” than they were, and may profit by lowed through the land. In this state of things, it reflecting on the consequences of the course which was found out that the whole dificulty was caused by they are pursuing, and make the wonderful disco- the want of money! A “circulating medium” was Pery--that the establishment of banks does not create required. Banks must be established--and there was ralie, or relief laws lead to economy and the rightful nothing wanting for them but acts of incorporation uses of credit! That, let speculators say what they and paper mills? The people called for banks, and please, there is no other way to become wealthy than banks were made; they loanod money freely, and, through the means which well-encouraged and pro- for “a little season,” the oppressed, having, by new fitable labor affords-and no other way for the pay. credits, paid off some part ni sheir old debts, rejoiced ment of debts, than economical applications of the at the “relief” afforded. A fig for the old fashioned means thus furnished. Individuals may not come way of doing business, said they—there is nothing within the full scope of these remarks, but they are like credit. "But this did not last long. The bills of unquestionably just with respect to every community. most of the new-made banks would not “pass”-it A grave-digger may get rich by a pestilence; and pub- was discovered that they were paper-mere paper; lic misfortunes are not always disadvantageous to and then there was the very."mischief to pay.” Brokers every private person.

and shavers jumped up like mushroons, and they It is very far from my intention to interfere with gave "relief,” oui of sheer kindness to a suffering the local politics of Kentucky, or any other state. Il people! They began at 10 per cent. discount and do not understand them, and have not taken any trou- ended at 95!-shaving away the greater portion of ble that I might, ever since the wild barking and the little means that were left for the honest payment "relier” laws were passed. But some general obser- of debts. The banks, by this time, had obtained Fations on the present state of things in this common-judgments—the sheriff's were as busy as "Old Nick in wealth, with a brief notice of the various proceed- a gale of wind," and a general sweep of ruin was ings which brought it about, may be useful--if not to threatened in several of the states. In most of them, cause a return to good principles in Kentucky, at a majority of the people were now convinced of the least, as holding a beacon to prevent the people of folly of their conduct, and they said let it come-vercill other states from falling into the slough of contend- meet it as well we can. This was a noble stand-and ing interests and depreciated credit, which has, for the consequence is, that, wherever it was taken, a several years past, so much vexed the citizens of this trace of the ravages of the storm of speculation is highly farored section of our country, and materially hardly to be found—or, if found, it is rapidly disapinduenced capital and labor to seek'safety and suc- pearing. Pennsylvania, Ohio, &c. may be said to cess in other parts of the union. Kentucky has pro- have recovered, because they rajeoted additional po

Vol. X XVIII.----6.

tions of the madening quality to heal existing mad-I late the greatest seat of paper-money manufactories ness:—but in Kentucky the majority appears to have in the west, is now without any of them-and yet, been of the debtor class, and replevin and relief laws perhaps, the most growing and prosperous city in the "of all sorts and sizes,” were to do what the "inde- west. But Kentucky, so abundant in personal coll 'pendent banks" had failed to accomplish! These rage and generous feeling, wanted thai moral couwere turned and twisted into every shape to meet rage and plain sense of right which has distinguished different contingencies; and the obligation of con- and redeemed her flourishing neighbor. tracts was put to scorn. But the judiciary inter To enter upon a generalargument about relief laws fered, and the judiciary must be destroyed; and, and banks, would occupy much more room than at what could not be effected by impeachment, was to present can be spared for an examination of them; be brought about by a simple law. The old court of and I shall simply remark-hat nothing but extreme appeals was annihilated by the legislature, and a new necessity, such as foreign invasion or domestic comcourt organized and then the relief party thought motion, ought to sanction any measure that interferes themselves safe-yet now there are two courts of ap- with the obligation of contracts--that interposes new pea', cach pretending to the same jurisdiction, so dilliculties in the way of a creditor pursuing his right, ihat, in fact, there is no present court at all: for which or that grants new advantages to the debtor that be is the true court will have to be decided at some su- may avoid the accomplislıment of his promiscs: and ture period, in some way and manner that I know that banks are every where a curse, when resorted Tot of.

to by an agricultural people, for ordinary borrowings By the way, I forgot to mention in its proper place, of money. As to the former, I can give personal lesthat after the independent banks” had tumbled down, timony, from long and mournful experience, pro and and the replevin and relief laws would not pay off the con, that there is much more to be feared from fraupeople's debts! the legislature made a mammoth bank dulent debtors than hard-hearted creditors--and for of the commonwealth, the bills of which, though as the best of all reasons, that the latter are more inte"legal tender,” are passed in the very bank itself, at rested in sustaining than in oppressing those who owe the rate of 50 cents in the dollar of their nominal them: and in respect to the latter, the farmer who value, in exchange for specie, or the bills of specie- goes into bank, except on some special emergency, paying banks!!!

hardly ever gets out of it, unless by the sale of bis Who are the parties to the relief or anti-relief mea- property. The time lost in attending to his notes, sures and paper banking in Kentucky, I know not together with the interest paid on them, eats him up: I am really ignorant which of the parties has the and is not so, makes him a dependent being, though, present ascendency, or what either design to do. The by abstaining, he might have been an independent gentlemen from that state with whom I have had the one-caring no more about "discount-day" than for honor 10 converse, have not expressed their feelings tbe anniversary of Nebuchadnezzar's birth. to me as to the local excitements that prevail therein; “Blessed is he who bringeth consolation!" If what and hence I cannot be influenced by oiher than broad is told to me of the state of the public mind in Kenand general views of the subjectat large. I learn, how. tucky is true, there is a greater shew of fecling in that ever, that there are greatand furious contentions, and commonwealth than bas caused the revolution of an the public newspapers inform us of acts and counter empire. Indeed, it would seem that so much exciteacts without number, to sustain or destroy the existing ment could not exist in any other than a free state, system. My best wishes are with the latter--fur, in surrounded by other equally independent but less agimy opinion, an act too violent to cure the state of its cated communities. l'erhaps, there is nothing better diseases and restore the people to peace, can hardly calculated to slicw the advantages which we derire be committed !--save a violation of the public faith, from the confederation than the case now presented. pledged as to the bills of credit” issued by the bank Astale may be shaken to its centre by conflicting opiof the commonwealth. These bills, it is true, may be nions and interests, without at all affecting the genewithdrawn in a few years; but the longer they are ral peace! It is always pleasant to find out fresh circulated at a depreciated value, the greater will be the amount of the evil caused by the establish- ries--one steam paper mill—wo breweries—two ment of that institution. Look at Ohio-she was copperas manufactories-one air foundry, in which as much vexed with a disgraced currency as Ken-are cast all kinds of hollow ware-one steam engine tucky now is: when her banks “blew up," the peo- manufactory-one cotton and woollen machinery ple, as if by common consent, refused to circulate manufactory-two wool carding machines for countheir paper-and the consequence has been, that the try work, one of which is propelled by steam. These currency of Ohio is as sound as that of any other employ a large number of persons, and the food and state; and industry and economy will soon make it materials consumed by them give life and spirit and as "plenty" therein as it is elsewhere.* Cincinnati, "plenty of moncy, because it circulates freely, to

the whole district. Productive industry may be aided *The manufactories of Steuben ville, especially the by banks—but banks, without the support of produccelebrated establishment of Messrs. B. Wells and tive industry, will cver “make to themselves wings company, who send to the Atlantic states many thou- and fly away." They do no more than handle and sand dollars' worth of superior supertine cloths every turn money--they make none. year and a large amount in other woollen goods, more What is said in general of Steubenville may be obeflectually relieve the neighborhood, than it would be served of Pittsburg—which, perhaps, is the greatest relieved if all the (paper) banks in the world were lo- manufacturing town in the United States, though it cated in the district. It was these creations of value that suffered dreadfully a few years ago, when a general enabled the banks at that place to maintain their bankruptcy seemingly threatened the nation, on accredit during the wreck of such institutions in the count of the enormous influx of British goods, importwestern country; and it is proudly mentioned in the ed for the express purpose of breaking down our in“Herald;" that it was the "only town between Lan- fant establishments. But Pittsburg is rapidly recocaster in Pennsylvania, and the Mississippi, which vering her former prosperity, and, though individuals could boast of two banks, sustained altogether by pri-hare been ruined, others are doing well and the sovate capital'and credit." Besides the great woollen ciety is Nourishing. manufactory above alluded to, which is called the *I mean as to past transactions. The laws between

pride of the west," there are, in Steubenville and its debtop and creditor might be much amended; and, immediate neighborhood, as we kearn by the “Herald,” possibly, if the whole of them were done away, after 110 steam four mills-lio sie2i coliun manufacto-!lue warning, society would be the better for it.

reasons for loving our system of government; no one it has afforded, aided by some very fortunate circum-
can wish that it should be put to new trials—but every stances in Europe and South America.
good man will rejoice that its provisions and princi But wherefore should commerce be "protected"
ples are found adequate to every emergency that and manufactures be left to do as well as they can?
occurs.

The latter is by far the greater interest-its product CPSince the preceding article was in type, I was is much larger than the amount of our foreign trade; alarmed by what seemed a cry for “relief,” in a very why any distinction, unless in favor of the quantity of respectable Tennessee paper, the kinoxville Enquirer;

labor required? I say labor–because, let the sophist but, looking over the article, was happy to meet with turn and twist the case as he may, there is no other the words-"Legislalive interference cannot avail any

means of obtaining wealth than through its profits. thing"--and, that there is a way of escape without the Gold, the most commonly accepted representative of aid of bank accommodations,” which is by an increas- property, is only to be had by digging." The best deed attention to the cultivation of the soil and increas- it out of the earth; and, unless labor be profitable,

vised schemes that ever were formed, will not bring ed industry, in every respect, such as raising cotton and grain,

rearing stock, &c. This is the true princi- there will not be diggings of gold, except as we buy ple on which the people should every where seek"re- lottery tickets, in the hope of drawing the “big prize.” lief"-and, as diminutions in price follow the su

It is labor that pays all-supports all-the bar, the perabundance of production, the spare Jabor should pulpit, the government, and the sovereignty. be appropriated to household and other manufactures, those gentlemen in support of the protection of com

I should like to hear "an argument" from one of many of which may be profitably carried on by every well-regulated family. And, whatever may be the merce and against the protection of manufactures! wants of particular sections of the United States, it It would have some resemblance to one that I once is very certain that the union was never more pros: for, what applies to one must apply to the other.

met with beginning with, "a thing is and is not;" perous than now. people, are not doing so well as we could wish them, But if those who are in favor of the former, will take but they will soon do better; because the domestic the trouble to turn to the debates of congress in 1789 consumers of their products are rapidly multiplying, and 1790, they will find that the arguments then used as well as becoming more and more able to give liberal against commerce are just exactly those which they prices for the good things of this lifc. The mechanics would now use against manufactures. Nay, they may and manufacturers are fully employed, and capital meet with all the cant phrases and peity sayings, circulates freely by means of their earnings.

about “taxing the many for the benefit of a few," &c. &c. And how long has it been orthodox, in certain

parts of our country, to protect commerce, increase WHY AND THEREFORE. The elections in Virginia the navy, and erect fortifications? I say, protect every are about to take place, and some of the candidates interest which American labor and capital is capable for seats in congress and in the state legislature, of grasping. Each should be the same in the estimaare spreading their opinions on "matters and things' tion of every friend of his country. But a surrender before the clectors, to obtain their suffrages. One of of prejudices is at hand, and we shall not be much these, a candidate for congress, says, "he is warmly longer jostled with discordant opinions, as to the enthe friend of the gradual increase of the navy” and of couragement of national industry and support of in"fortifications”--that he is for affording protection to ternal improvement. our commerce, but "considers the tariff measure as Since I began to write this little article I met with not a bit better than a pick-pocket scheme," &c. the following extract of a letter from Buenos Ayres.

This method of speaking of the tariff'is too fashion. It will severely bother the friends of commerce and able in the south. 'Is it believed that the friends of the enemies of manufactures, to tell us what we that measure wish to “pick the pockets” of any other orght to do in this affair, supposing the matter to be class of their fellow citizens?" It has been unques- fairly represented tionably demonstrated, that three fifths, if not tivo The letter intimates that the law, passed by the thirds, of the white people of the United States-the government of Buenos Ayres, prohibiting the imporgreat body of the tax-payers, were, and are, in favor tation of American flour, was adopted at the instigaof it: is it decorous that they should be spoken of af- tion of the British merchants.' It further states that ter this manner? What possible good can result “The English have not been content with this, they from it-ought the undoubted majority to yield to have had a meeting, and drew up resolutions in due the minority, in a matter in which the general welfare form to adopt some effectual measure to put down the is concerned? And besides, what is it-who knows, American domestic brown cotton goods which from except perhaps the cotton planter, from some small the quantity of cotton requisite to manufacture them, rise in the price of "bagging,” (which will be only the English goods of the same description cannot temporary), that the tariff has been altered-who come in competition with ours; the plan they have feels any additional burthen imposed upon him? No marked out to pursue, is, to influence the government one-but rejoicing millions, I was going to say, know to lay on a heavy duty which would be equal to a proand feel the good effects that have resulted from the hibition, under pretence, that their manufactures in mere determination-manisested by the constituted au- the back country stand in need of protection. The thorities of the nation, to protect the manufactures finer cotton goods they can afford to bring here of the country; and, in truth, the late modification of cheaper than we can. If they succeed in having this the tariff amounts to little more than the establish- law passed, our commerce will be completely ruined ment of a principle: it has not done any thing towards in this quarter--the principal part of the American building up those monopolies, &c. &c. that were so cargoes have consisted latterly of flour and those unmuch talked about and so terribly feared-and the bleached cottons. There were imported into this broad fact esists, that our country, at this time, is ge- city the year past about 5000 bales of American sheetperally more truly prosperous than ever it was. La- ings and shirtings, containing about 1,490-000 yards, bor is in demand, and the free productive persons of which generally sells from 18 3-4 a 25 cents per yard. the republicthe musket-bearers of the land and the There has been imported in the same length of time, bone and sinew of every community, have employ- about 30,000 bbls. four." ment, and are doing well. And, I have no hesitation in saying, this fortunate state of things was mainly Cotton. The great trade which the emancipabrought about by what is so politely called a “pick-tion of Mexico and South America has opened for Bripocket scheme, is through the various business that I tish and other mapufactures of coiton, together with

[ocr errors]

the mightily increased consumption of the material years since there was so much bustle and business in the United States, (which is now equal to more in the United States as there is at this time. Labor than one-fourth of the whole quantity raised), has given is in great demand, and almost every branch of inmuch additional value to the article, notwithstanding dustry appears to be doing well. this state of things that the product has been increased in our own continues for two or three years, the industry of the country and its cultivation been pretty extensive in people will prolect itself, aided as it will be by roads and Egypt-but, perhaps, the accession to the general canals. stuck from the latter, has not more than equalled the diminution of the quantity exported from Brazil, on Gold. The mines of North Carolina begin to atarcount of the unsettled state of things in that empire. tract much attention. Professor Olmsted, of the uniThat this has added much to the prosperity of our versity of North Carolina, has lately visited the councountry, in furnishing means to pay for articles im- try in which they are located, and given a full account ported, is willingly admitted and the time now is, of them. They are spread over a space of not less when the cotton planters of the southern, and the than 1,000 square miles. The gold is generally found manufacturers of the eastern, middle and western in small grains. The people in the neighborhood use states, are all doing reasonably well-without any it as a common currency; carrying it in goose quills, clashing of interests, as it was feared would follow and passing it by weight, as in old times, at 90 or 91 the late rocasures adopted for some slight encourage- cents per penny-weight. The value of the whole ment of domestic industry, as applied to the pro- quantity found, is not stated; but the diggers, geneduction of bread stuffs and meats, in aiding the rally, do not make more than 60 cents per day by manufacturers and mochanics, who consume them, their labor; still many are engaged in the business by hy & tariff bottomed on the principle of protecting the hope of finding some large masses of the precious the latter, though its operation has not been inju. metal, for pieces, weighing from 400 to 600 penny riously felt by any. But the time must and will ar-weights are sometimes met with, and one was found, rive, when the home-demand for cotton shall be the that, in its crude state, weighed 28 lbs. avoirdupoise. great regulator, (if it is not so even now), of the The bed of the mineral "is a thin stratum of gravel price of the article abroad—as being that only which enclosed in a dense mud, usually of a pale blue, but can be relied on-the imports being checked by a sometimes of a yellow color." The land is rery poor, heavy rate of duty, when it shall happen that Egypt and the people are becoming a distinct race, called and Brazil pour forth the supplies that they are "gold hunters.". It appears to be a bad business. capable of furnishing. In our own country, too, the Some of the gold finds its way to New York and amount is on the increase-North Carolina already other places, as remittances. We shall lay by this yields a large quantity, and in Virginia, it seems scientific account of the mines, &c. and publish it as ihat an extensive cultivation may soon be expected. soon as convenient. Many experiments have been made as to the field pro The "Carolinian," of the 29th ult. says-A poor duction of the commodity, and the result is said to old man, who had been digging at Barringer's (mine) be, that the crop is the most profitable that can be for sometime, with little success, came, the other day, raised in the counties below tide water in that state. ) upon a solid mass of the precious metal, in the fissure There is a great deal of spare labor and spare lands in of a rock, which proved to be worth about one thousand this part of Virginia, and the probability is, that, in dollars. two or three years, the article, “Virginia cotton,” But digging for gold is not, in any country that we may as commonly be found in our prices_current have heard of, the best and surest way of making moas **Upland" ir "Louisiana.” Well-we hope that ney. The same quantity of labor bestowed on almost *there is room enough for us all;" and there certainly any other business will yield a greater profit. is, if we will only strive to accommodate one another as we should.

The DELAWARE AND CHESAPEAKE CANAL. This work

is proceeding rapidly. Six bundred persons were BRITISH GOODS. There has been a great and sud- kept at work all the past winter, their number is now den rise in the price of British goods in the United doubled; and many more are wanted immediately. States, caused by the immense supplies that have The execution so far, is highly spoken of, and in 1827, been sent off or ordered for Mexico and S. America. it is said that the whole canal will be finished. A corresponding rise in the value of domestic manufactures will also take place, and we hope that this TURNPIKE TOLLS. It was stated in the British house will be attributed to the demand, and not to the “pick-of commons, on the 17th Feb. that the annual revenue, pocket tariff scheme." And, besides, as cotton bas derived from the turnpike tolls in the vicinity of Lonadvanced 8 or 10 cents per lb. very happily for the don, amounted to a million and a half pounds sterling. planters and the public,* it would seem that the There are ten of the gates which yield 240,0001. goods made out of it should be advanced a little. Cottons, woollong and hardware are now from 15 to THE LATE PRESIDENTIAL ELECTION. Letter to the 20 per cent. higher than they were six weeks ago; and editors of the National Intelligencer, dated it is a fact, that British agents in the United States

Lexington, ken. Narch 21, 1825. have called upon their customers, with requests that Gentlemen: At different times, before Mr. Clay leít they would order as fero goods, at present, as they this place for Washington, last fall, I had conversacould conveniently do with. The matters just stated tions with him on the subject of the choice of a prewill do many times more for our manufactories than sident by the house of representatives. In all of the tariff accomplished; and we hope that it will lead them, he expressed himself as having, long before, to the perfect establishment of all the old works, and decided in favor of Mr. Adams, in case the contest cause the erection of many new ones. It is several should lie between that gentleman and general Jack

son. My last interview with him was, I think, the *The public is always interested in the advanced day before his departure, when he was still more exvalue of any staple commodity, unless caused by a plicit, as it was then certain that the election would domestic scarcity. The remark applies to manu- be transferred to that tribunal, and highly probable factured articles as well as agricultural. But the that he would not be among the number returned. subject is one about which I shall speak more at In the course of this conversation, I took occasion to Jarge hereafter. It is absolutely necessary, that it express my sentiments with respect to the delicate should be fully comprehended and public attention and difficult circumstances under which he would be cannot be too often drawn to it.

placed-on which he remarked, that I could not more

fully apprehend them than he did himself, but that that they may understand it. And, further, we obnothing should deter him from the duty of giving his serve, that though many toasts, at political dinners, vote, and that no state of things could arise, that suppers, &c. deprecating his course, have been given, would justify him in prefering general fackson to there seems to be no want of similar expressions of Mr. Adams, or induce him to support the former. approbation at others; and, at Paterson, N. J a dinSo decisive, indeed, were his declarations on this ner was given in honor of him, Nicholas Smith, esq. subject, that, had he voted otherwise than he did, I president, and Andrew Parson, esq. vice presidentshould have been compelled to regard him as deserv- at which the following resolutions were passed and ing that species of censure which has been cast upon toast drank, with other resolutions and toasts not nehim for consistently adhering to an early ard 'de- cessary to be repeated on the present occasion-liberate resolution.

"In consideration of the conspicuous part the hon. When the suggestion of a sinister vote on his part: Henry Clay has taken in the important interests of first reached us, I felt disposed to offer, without de- these United States, the adoption of which has led on to lay, the testimony which no citizen is at liberty to the unexampled prosperity they now enjoy; the most withhold, when he believes another to be unjustly prominent features of which are, the able manner in accused of a criminal offence; but, presuming that which he recommended and advocated the acknowthe result of the inquiry instituted in the house of re- ledgment by our government of the independence of presentatives would prevent a reiteration of the im- the South American states; and the bold, dignified putations cast upon him, I thought it unnecessary to stand he took in the adoption of an American system obtrude my humble testimony upon the public. Find for internal improvement, of encouraging and proing this, however, not to be the case, and regarding moting roads, canals and domestic manufactures: the character of the nation, as well as that of two And whereas, the consummation of these great obdistinguished individuals, to be involved in the up. jects, as far as they have been adopted, bave proved to the ceasing repetition of charges which have been kept world the correctness of his judgment: And whereas, alive and disseminated merely by repetition, I con- disappointed and unchastened ambition has reared sider it my duty to oppose, to their further diffusion, his hydra head, and, with slanderous tongue, has the statements which I have made, and, without hesi attempted to imprint 'a foul stain upon his political tation, shall leave it with the impartial and intelligent people of the United States to appreciate my mo

reputation:

Resolved, that we hail the auspicious event of the tives, and the value of the evidence which I have, acquisition of his talents to the cabinet, as the surest spontaneously, offered to their consideration. Very respectfully, your obedient servant,

presage of a successful administration. After which,

the following toast was drunk: Dax. DRAKE, M. D.

By the president. llenry Clay, an unblemished pa

triot, an unrivalled orator, and a liberal and enlightWASHINGTON, February 22d, 1825. ened statesman; a friend to man, without distinction The birth-day of Washington, is the fit time for a of color or country; the benevolent defender of the tribute of respect to him, whose glorious achieve- red man of the forest, and the sable son of Africa, ments place him next to the father of our country. the champion of South American independence; the

On this day, I present to general Jackson, a ring of fearless advocate of suffering Greece. May his prethe hero's hair, of the color it was when he led our sent station prove a prelude to the highest honor in soldiers to victory-it was made in this city and of the gift of the republic. American gold,

Wear it in remembrance of him who was first in the hearts of his country, and of her who gives it to

Gen. LAFAYETTE. The itenerary of the nation's you, with her best wishes for your health and happi- guest, from Washington, which he left on the 24th (Signed) ELIZA W. CUSTIS.

Feb. to the 3d of June, when he is to be at Boston, has To general Jackson.

been published, shewing his days' travel, stoppages,

&c. The time is 99 days—the travel, by land, 2,655 WASHINGTON CITY, Feb. 22, 1825. My dear madam: By the hands of our mutual friend, treme point south, is Savannah-south west, New Or

miles, and, by water, 2,610-together 5,255. The exgen. Lafayette, I have had the extreme satisfaction of leans; west, St. Louis; north and east, Boston--passing receiving a ring containing the hair of general Wash through or touching the states of Virginia, North-CaINGTON, which you have done me the honor to pre rolina, South-Carolina, Georgia, Alabama, Louisiana, sent. Believe me, I shall retain, and wear it, with Mississippi, Missouri, Illinois, Indiana, Ohio, Pennthe greatest pleasure. I will wear it in remembrance sylvania, New Jersey, New York, Connecticut, Rhode of your kind opinions expressed towards me, and of Island and Massachusetts. What a journey! the illustrious and revered man, the recollection of

LAFAYETTE performed two grateful and solemn whose virtues and disinterested patriotism, none can duties at Savannah. He laid the corner stones of the ever be unmindful of. Could the present you tender monuments which are about to be. erected to the me, be at all increased in value, it would be by the memory of generals Green and Pulaski. Particuconsideration, that its presentation has been through lars hereafter. one, who devoled himself in early life to the service

The arrival of the veteran LAFAYETTE in the of our happy country, and who was the friend and United States seems to have warmed the hearts of associate of our beloved Washington. I pray you to accept my kind wishes for your health world.» A letter from Buenos Ayres says-"I have

the people in the most distant regions of the “new and prosperity in life.

just received newspapers from the United States, inWith great respect and regard, I am your most forming me of the magnificent reception of general obedient servant,

Lafayette. I have never read newspapers with such (Signed)

ANDRET JACKSON. Mrs. E. W. Custis.

exquisite delight as these, and I firmly believe there never was so interesting and glorious an event in the

civilized world, in which all classes of people partiMr. Clar. Much has been said against the pro- cipated in the general joy, as on this occasion. ceedings of this distinguished gentleman, in regard to There is an association of ideas, connected with this bis conduct in the late presidential election. His own event, that produces in my soul emotions I cannot exstatement of facts and vindication is before the na- press, and fill my heart with such grateful recollection. It has been, or will be, read by all the reading tions, as I cannot forget but with my existence. people of the country, and requires no commentary That ten millions of souls, actuated by pure sonti

ness.

« ПретходнаНастави »