The currency-M,. McDulde's prediction
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on III III 1854


We take the following extracts from MI. Nc
IDufiie's speech, delivered in the IT, S. House OF
= Representatives, in the year 1884, on the great
question which arose on Gen. Jackson's "exper-


iment'' in lettering the currency by the de-
sructon ofthe T. S. Bank. This is thought
to have been one ofthe greatest efforts Of this


great and incorrupuble patriot. 1t is indeed
a rare combination OF argument. truth and elo'
Iquence and the only wonder is, that it had SO
/ little effect in causing the party in power to
pause before they plunged the country into its
present almost inextrcable difficulties. But
such is the infatuation of stupid tyranny, that
| it will never listen to the warning voice of wis
dom, coming from lis opponents, until it be-
holds like the ancient despot and his besotted
followers, "the handwriting on the wall" and
then it has generally SO far advanced in niqui-
lty that reform is impracticable. We believe it
may be considered as settled rule that profit
gate and unprncpIed rulers (ike rakes,) are
seldom reformed; the best policy ofa wise peo
pie TO pursue with them therefore, is, to dis
miss them from public service altogether, and
select patriotic and vrtuous ones in their
places.


The sentiments here so eloquently expressed
by Mr. McDuffie were those entertained by the
Wing party generally. He was then denoun-
ced as panic-monger, for predicting what
would be the result of the financial experiment
of the administration. His predictions, howev
Ier, have been fulfilled 10 the letter, neverthe.
less the wings are accused of being the au-
thors of The present monetary embarrass-
ment .or the counry,-This is too great an
absurdity, we hope, to be believed by any
one.


The Administration, in imitatsnl of sthe
I"Veiled Prophet Of khorassan," Qowhom Mr.
McD compares lhem,) have led their victims
the people, to the last act in the drama, where
they have cast off their ''slver veil" and dis
close their foul and delormed lineamen!s. We
dispense with further comments One word
however, more-is 1t too much for US TO ask an
injured, oppressedaand trodden-down people tc
pause, reflect, and return to the principles olthe
Fathers OF the Republic, before their prosperI-
lIty and liberties are forever blasted by the pre-
sent treacherous and unleeling rulers. We
5 would say more, were it not for the fact that
we are now perfectly satisfied that the people
!, have made up their minds no longer TO contn
fue in power their present ruers:- WoodrHit
r Republican.





!. country we have melancholy exempiicaior
!, to prove how small share OF human wisdom
Nils requisite TO produce the greatest conceivable
t. extent ofhuman misery. The meanest pigmy
d armed with sceptre, can destroy in single
}. day, the great fabric OF nations prosperity
;. which all eintcllectual giants. .ofthe land can
a not rebuild in long and laborious course Of
years | will not tell the people to look for
salvation to those who have involved them in
: this calamity. No, sir, this storm has been
! produced BY species ofnecromancy, which is
! endowed only with the faculty Of mischief, and
: having raised the clements has no power ofex.
: orcism to lay them. The Prospero whose la-
: tai wand has conjured up these elements into
lIthis wild and fearful and dsarstrous commo.
ton, has no magic power to call up the minis.
ering spirits ofthe stormy deep, TO rescue the
sinking fortunes ola whole people, rashly and
! Iwickedly exposedto TO the rocks, winds, waves &
Iquicksands orthis most desperate and wicked
'Iexperimcnt


"The experience Of the last few years has
entirely changed my views as 10 the destiny
ofthe human race. My youthful vision Of the
Iperfectbility Of mankind have vanished before
the sad realities of time. They are gone for
ever. ! am now constrained TO believe, that
with all The lights Of reason and experience,
and the oiticalimprovements Of our country,
men are still the same predestned victims Of
imposture. Before that God to whom am
for what | here say, do believe
The annals Of human idolatry and deusion can
not furnish an example Of a more audacious
and monstrous inposture than that which this
Administration is attempting, and fear with
too much success 70 palm upon The People Of
the United States, under the ilimsy and deIusive
gusc Of returning to tho primitive simplicity
OF ''hard money Government Nothing