Thirty Years' View (Vol. 2 of 2): or, A History of the Working of the American Government for Thirty Years, from 1820 to 1850Benton, Thomas Hart
History
Thirty Years' View (Vol. 2 of 2): or, A History of the Working of the American Government for Thirty Years, from 1820 to 1850
Benton, Thomas Hart
United States -- Politics and government -- 1815-1861
"That the wide-spread disaster which has overtaken the
commercial interests of the country, and which threatens
to produce general bankruptcy, may be in a great measure
ascribed to the interference of the general government with
the commercial and business operations of the country; its
intermeddling with the currency; its destruction of the national
bank; its attempt to substitute a metallic for a credit
currency; and, finally, to the issuing by the President of
the United States of the treasury order, known as the 'specie
circular.'"
The next resolve foreshadowed the consequences which follow from
governmental perseverance in such calamitous measures--general
bankruptcy to the dealing classes, starvation to the laboring
classes, public convulsions, and danger to our political
institutions; with an admonition to the new President of what might
happen to himself, if he persevered in the "_experiments_" of a
predecessor whose tyranny and oppression had made him the scourge of
his country. But let the resolve speak for itself:
"That while we would do nothing which might for a moment
compromit our respect for the laws, we feel it incumbent
upon us to remind the executive of the nation, that the
government of the country, as of late administered, has
become the oppressor of the people, instead of affording them
protection--that his perseverance in the experiment of his
predecessor (after the public voice, in every way in which that
voice could be expressed, has clearly denounced it as ruinous
to the best interests of the country) has already caused the
ruin of thousands of merchants, thrown tens of thousands of
mechanics and laborers out of employment, depreciated the
value of our great staple millions of dollars, destroyed the
internal exchanges, and prostrated the energies and blighted
the prospects of the industrious and enterprising portion
of our people; and must, if persevered in, not only produce
_starvation_ among the laboring classes, but inevitably lead
to disturbances which may endanger the stability of our
institutions themselves."
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account