FREE BOOKS

Author's List




PREV.   NEXT  
|<   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114  
115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   >>   >|  
ple, in which persons and property have hitherto found security. But supposing we had the authority, I would ask what good can result from the examination? Can we declare the Bank unconstitutional, and compel it to desist from the abuses of its power, provided we find such abuses to exist? Can we repair the injuries which it may have done to individuals? Most certainly we can do none of these things. Why then shall we spend the public money in such employment? Oh, say the examiners, we can injure the credit of the Bank, if nothing else, Please tell me, gentlemen, who will suffer most by that? You cannot injure, to any extent, the stockholders. They are men of wealth--of large capital; and consequently, beyond the power of malice. But by injuring the credit of the Bank, you will depreciate the value of its paper in the hands of the honest and unsuspecting farmer and mechanic, and that is all you can do. But suppose you could effect your whole purpose; suppose you could wipe the Bank from existence, which is the grand ultimatum of the project, what would be the consequence? why, Sir, we should spend several thousand dollars of the public treasure in the operation, annihilate the currency of the State, render valueless in the hands of our people that reward of their former labors, and finally be once more under the comfortable obligation of paying the Wiggins loan, principal and interest. OPPOSITION TO MOB-RULE ADDRESS BEFORE THE YOUNG MEN'S LYCEUM OF SPRINGFIELD, ILLINOIS. January 27, 1837. As a subject for the remarks of the evening, "The Perpetuation of our Political Institutions" is selected. In the great journal of things happening under the sun, we, the American people, find our account running under date of the nineteenth century of the Christian era. We find ourselves in the peaceful possession of the fairest portion of the earth as regards extent of territory, fertility of soil, and salubrity of climate. We find ourselves under the government of a system of political institutions conducing more essentially to the ends of civil and religious liberty than any of which the history of former times tells us. We, when mounting the stage of existence, found ourselves the legal inheritors of these fundamental blessings. We toiled not in the acquirement or establishment of them; they are a legacy bequeathed us by a once hardy, brave, and patriotic, but now lamented and departed, race of ancestors. Theirs
PREV.   NEXT  
|<   90   91   92   93   94   95   96   97   98   99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114  
115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136   137   138   139   >>   >|  



Top keywords:

public

 

existence

 

injure

 
credit
 

things

 

suppose

 

abuses

 

people

 
extent
 

account


selected

 
nineteenth
 

century

 
journal
 

happening

 

Institutions

 

running

 
American
 

LYCEUM

 

BEFORE


ADDRESS

 
OPPOSITION
 

SPRINGFIELD

 

remarks

 

evening

 

Perpetuation

 
subject
 

ILLINOIS

 
January
 

Christian


Political

 

climate

 

acquirement

 

establishment

 
toiled
 
blessings
 
mounting
 

inheritors

 

fundamental

 

legacy


departed

 

lamented

 
ancestors
 

Theirs

 

bequeathed

 

patriotic

 
fertility
 

territory

 

salubrity

 

interest