Policy Of The Liberty Party

The ofejccuon is roade to ihe succi'ss oí i ,he Liberty party, that it is foundcd on a iingle proposilion, and will he unsuceessful, because ihe majonty of a nation cannot be enlisted in the support of any one object p.xclusively, h.owever important lliat may be. lus also isnplied ih&t :he olher parties pur sue several objecis at once, and thereby secure Ihe polïlical ai.4, of greater numbers than could be coüected into one party, by holding out a single object of pursuit. This con&ideratioa seeajs lo. have arrestfd theatteijtion of a portion of ihe Liberty party ; j tor we find lliat in one State they have re- commenJed a National Convention to bej held in September next, for the purposs ofi making an expreseion of the sentiments of j the Liberty party, on the' great National j questions which agítate tho Nation. Also Communications in differeutj Anti Slavory papers, cal! for the avowal of the courso of the financia! policy we intend to advócale. We proposo to consiJer carefully the suggestions that have been thrown out, thu we may bo prepared for a judicious decisioD. In the first place, then, we affirm, in opposition, to the objection alledged,that evrypclitical party is, and from the nature of the case must be, founded on soine one fundamental propoèition, although there may be coüateral questiona connccted more or Icss intimately, with ttiat one. We affirm, that the Whig and Democratie parties for the last tvel e years, have had but one maia object in vi w. The Whig party have taken ground in favor of a paper cörrericy, aud, as a ineans of establishing it on a permanent and succetsfiil basi?, they have zealously plend Tor the existence ot a Naiional Bank. On the other hand, since the eloction of Andrew Jackson, the Democratie party have perseveringly opposed euch en jnstitu'Jon, and have been in favor of reducing the paper circu!atiou as ruuch as possible, and intrducing specie in its stead. It needs no labored argument lo prove tliat this has been the fundamental issue between the two parties. One could scarcely take up a VVhig paper of 1840, dming the Tippecanöe excitement, without finding in Ham ing capitalêj something about "Tkk Cvrrency!" "The LoCO FOCO3 HAVE RÜINED THE CüRREWcyü" In a Democratie paper you would i)it fail to read of "Moneykd Monsters!" "Iuredeemablg Currency," aud the defalcationsof every bank, great or email, would be fa'Uhfuüy chronicled every week, wilh suitable comments.That this was the questnr. at isaue, üiay be readily seen, by suppoeing cvery thing on thi8subjtct to have been expunged from the papers of both partiee. VVhat mattera of coutention would then have been lelt? Nothing of ony moment. It may bo eaid that the establishment of the Sub-T reasury system was a sulject of great contenüon belween the parties. True, but it was only another fonn of thesome queelion. One party contended that the pub'üc rnonies ougbt to be deposited in a National Bank, while the other providcd tbid Echenie of Finance us a substitute. Finallyj if this was not ths great prominent question at issue, what vas it? - Can any otliei be namedi We ace, then, that the Liberty Party is not the only one that is based on ona fundamental principie And is not that principie of somc moment? Are not the personal and political rights of oiir citizens worthy of aa raucli atlention üs the thod of supplying them with a medium of exchange for thtir comruodities? - Ie not our object deserving of some efforts to secure iti Compare the object of the VVhig and Democratie parties with thnt of the Liboriy Purty. Weigh them and find vvhich preponderatee. Place them side by pide, nnd eee which looks the be6t, thus;"A SOUND CIRCÜLATING MEDIUM." 'EQUAL AND EXACT JUSTICE TO ALL." But Buppose we are nclined to come out in favor of as ysten of Natiouai policy, what 6hull we eny] What can we say? That the Liberty Party is fully comroitted ia favor of universal liberty, every one knows. No pledgo is necded in Ihis respect. Tlmt tho jiberty Pari y wijl favor suchncasurea of National policy, a3 will teud to L locure the moral ir.terests of community, md ihe extensión of intelügence, is certam '{ [rom the charocter of those vvho compose Iho L Liberly Party. ; The necessary meane of national defence both by sea and land, would receive the. 6up port of the Liberiy party. It is absurd to set up a zeal lor this objoct, as a distinctive part of party poücy ; for it is the interebt of all parties to attend to this. In reference to the Bankrupt Law, the opimons of the Liberty party advocates would be divided. We believe neither the Whigor Dejnocraiic partiea are entirely unanitnoiia on the. mcasure. Ptrhaps there would be eomo disagreement in regard to some of the provisiona of the Land Disuibution Bill. But any scbeme which divides the funda of the revcnus a i moog the population of the Slate3, and supplieB thut ctnount by additioual taxation ot ! the lifcessaries of lií'e consumed by thesame persone, would certainly not reccive their unanimous approbation. Especially would tliey be opposed to that provisi-m of íhe present law, which givea a yeirly bonus to ihe South of 384,000 just to encourage tbem to hold elavcs. But the reader is doubtless ready to ask 'What have you to sny about the currency? Are tho Liberty party in favor of a National Bank, or a Sub-Treasuryï" W:e answer, that we have no occasion to exprrss oursèlvcs in favor of cither. The VVhigs have peiseveringly endeavored to obtain t tic establishment of u National Bank, sities the expiration of the Charter of tho old Bank,but hitherto witbout success. It is onerally conceded, that such an institution. as has Dein desired by those whosonght for it, cannot now be had. It' any institution of the kind shall be ubtained, no one can teil what its features will be, ajaiS of course we cannot erepreás an opinión upon points that are unknown. Should the Whigs not suoeeed after so long and zealous a struggle íor the attainmeni of this measure, it may eafely bo set down as hcnceforlh unattainable, vithout soma great revulsión of public opiinon in its favor. The Sub-Treasury establishod by the Democratie party, has been disposed of and put out of the way. In spite of powerful friende, it is nurnbered among the tiiings that were. It has passed out of existence and so has a National Bank. Why then should we seek to bring them to life? Why should we identify our nsiitg and hitherto un trurnmeled nfluence, witli the resurrection of projects which, in epite of powerful nd u;:tirin eftorts to support ihem, !:arc been condernned and have passed a way? '"LetTHE DEAD BURY THEIR. DÍ5AD1." Whetl ths proper time shall come, tbe Liberty par:y will doubüess ba able, if necessajy, to propose a plan by which a revenue sufficient to support the current expense of Government, can be coliected, stzfely kept, and properly tlisbursei! : but it does not necessarily follovv, that that plan must bc baptized by the name ofKitcal Institule,Sub-Treasuiy or National Batik. On the wholo, then, we see nt present no necessity fot idenüfyíng ojur interests wish any of these tneasures of doubiful utility, or wiih rotten and already defeated projecta of o'het parties.But it wül bo nsked,"are you ao absorbed in contemplatiug the rights of men, bat you canuotthink oftheir pecuniary inier. es!e? Is your philantijropy of such a refined and sublirrsated kind, Ibat you have no interest at all in tho aff.tirs of business men?' We answer, by no means: and onc principal measure which the Liberty party will advocate, will be fhe securing un adequate rnarket for the surplus producís of ihe free títulos, particularly of the Norih-west. The six North-weslcm States and Tcrriiories raiso twenty five inülioa bushels, being nearly onethirdof all the wheat produced in the Union, and this amount wouid bc increased three, four, andsix l'old, could the farmers be assured ofa dallar a bushel for their wheat for a series of years. The quantities of pork raisedexcced calculation. And every one knows that immense quantities of the coarsergrains of the West are manufucturcd into intoxica t ing liquors, and sent into all paris of ile globe to curse the human fainily. The VVhiskey will fiad a foi'eign market if neccss.iry, when the corn will not. The-grain und wheat of the West accurnulale in New York, and the merchant, in looking around for a rnarkel,finds that the flour, pork and other articlea can be transponed to Europe at very low rates. But the custom house ofï;cer at Liverpool demanda a heavy duly, oo each barrel of pork, and usuaüy frorn two to five dollars per barrel of flour, and thus the Eogüsn market is chiefly cutoiT. At the same time, the coiton of the South is adrnitted into nearly or quite every country of Europe, without any duties high eqough to materially effect its price. Six mülions of ihe populatioa of the Bi'itishiv taste of wbeat bread : and wero the fact$ jenerally known tothem that a vast abunJancc of the necessaries of life could con. stantly bc obtaincd froro America at very low prices, there can be no doubt that 3tron(f efibris woukl be made bythe Britisii luboring pbpulaüon to procure the abolitiun or reducüon of the duties, and thm supply themselves wi'h the necessarica of1 fife. The consequences which would rosult from Ihe abolitio: of ihe Bnlish Corn laws and ihe adupiion oí a moderato fixed duly by that goycnuneot, are thus described by J. LiiAViTT in his farnous wheat rne-i morial, which . ws presented to Congres. in 1840, and refurred to the committsa. on agricüïtufe; and ordered tó be printed. ;liinnediu!e!y,there would be a constant mnrkct for vhcat in England, to which the uncómmonjy unifor.Ti cümate of the Noithwcsï wouitl fnrnish a constant and, futl snpply;anl ihe whule roturn3 would bereqtiirsd in British manufactured gooda gcneraüy of the dcscripiiois that yield tha reatest proiit. Iinmediuleiy orders would, go from ihis country to set every wheel und spindle in rnotion. lmmediately,thesO States wouid be wiiling to tax ihemselves for the interest of the public dcbt, becauact thcy could sec how taxes cuuld be paid. linu)cdiately, the S;ate Stocks would rise bccause the in'.erest would be secured.' wïth a ceitainty that the public worká would be complcted and rcndered produclive. TiiO üiaauftcturing industry of Eügland, and the gricultural industry ofhu Northwest, would be stimulated tu ihe íigrjcát producuveness, by the best of n!l sncouragements - the hope of u fair roward . Th 3 demand for the public landa wuuiil pour a etcady stream i:uo tho national -ireasury on the onehand: tobe mei by a deeper current frorn tfce importa on the other, iuruishingan adequate revenue fur ihe cotnpletion of our harbor works, arjd national defences. The expocis,no Ipngór confined to a single staple, and druwn Irom the most productivo ot'ftll branches of labor - ihe cuUtvatioQ of a ich soi! that cosía next to nothing- would keep foreign exchanges in a healihy state; nëw ties of mutual advantage, and ner inducemcnta to mutual justice,tbrbearanc8c and peace, would arise between two na liuna ui' coinrnoQ oïigin, from whose influence the world Isas tnuch to hope for; our own manufactures would be lelt, under heir present proteciion, to a healihy and natural growth wiih the growth of the country; and our nation would bo saved from anoiher tanft'controversy, to occupy and embttter tho debates ol'anoihcr polaical generation." As our Government has heretofore used extensivo aud long continned efibrts to secure a foreign markef for cottor, rice, and tobáceo, it is no more than right that corresponding exerlions should bo used for the benefit of the free States. VVq have secn intimations that some nioruorials on the eubject wil] be íorwarded to GongreSa the present Öession. Should any one ask why th3 object should belong so peculiarly to the Liberty party, we aaswer, because the two great political parties are governed entirely by siavcryjand the interest of slave labor and free labor are opposed to each other. It is the nterests of the slave lioider to have the pnce of provisions and of labor in the free States as low as possible, because in in that case, the price of hts cotton being the same, bis proíits are greater. VVhenca we venture to prophecy, that neiiher party vili"piuck up courage enough to attempt any thing for the farmers of the North and West.