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Editorial
August 25, 1837
The Daily Herald
New Haven, New Haven County, Connecticut
What is this article about?
Satirical critique of impending congressional currency reforms, mocking the idea of an 'untried expedient' to replace paper and metal money, proposing tobacco as a historical alternative from 1662 Virginia, with jabs at politicians like Silas Wright.
OCR Quality
98%
Excellent
Full Text
"The Expedient."—In the approaching session of Congress, the currency is understood to be the main business; and there are hopes that "an untried expedient" will complete the work of destruction so ably commenced and hitherto so successfully carried through by "The Experiment." If our rulers are determined to carry us back to barbarism, proscribe one artificial standard of value, (paper money,) and banish from the country another, (the metals,) it is high time that all of us were casting about for something to supply their places. What measure of value, then, shall be had? If the decree has gone forth that the "expedient" must be "an untried" one, what then shall be our currency? Is wheat to be the standard of value, or do you think Mr. Silas Wright has an eye to pumpkins and squashes for his "untried" currency?
Unless it is supposed by our rulers that they cannot have glory enough in reaching ruin except by an "untried expedient," an expedient might be suggested which has been tried in the good old times. Since we must retrograde in the social condition, let us march back at once, and make no bones of it, to 1662. when the old "Old Dominion" was blessed with an expedient for bank rags and gold and silver Tobacco was that "Expedient."
That the officers of the party may know how this expedient might suit them personally, and thus enable them easily to arrive at its advantages to the nation, it is proper to state that Virginia allowed each Burgess during the sitting of the Assembly, "150 lbs. of Tobacco and cask per day, besides the necessary charge of going to the assembly and returning." Would this be enough for members of Congress, or do you think there ought to be two casks instead of one?
D. M.
Newark Daily Advertiser.
Unless it is supposed by our rulers that they cannot have glory enough in reaching ruin except by an "untried expedient," an expedient might be suggested which has been tried in the good old times. Since we must retrograde in the social condition, let us march back at once, and make no bones of it, to 1662. when the old "Old Dominion" was blessed with an expedient for bank rags and gold and silver Tobacco was that "Expedient."
That the officers of the party may know how this expedient might suit them personally, and thus enable them easily to arrive at its advantages to the nation, it is proper to state that Virginia allowed each Burgess during the sitting of the Assembly, "150 lbs. of Tobacco and cask per day, besides the necessary charge of going to the assembly and returning." Would this be enough for members of Congress, or do you think there ought to be two casks instead of one?
D. M.
Newark Daily Advertiser.
What sub-type of article is it?
Economic Policy
Satire
What keywords are associated?
Currency Reform
Untried Expedient
Tobacco Standard
Economic Destruction
Silas Wright
Virginia History
What entities or persons were involved?
Congress
Mr. Silas Wright
Virginia Burgesses
Editorial Details
Primary Topic
Satirical Critique Of Untried Currency Expedient
Stance / Tone
Satirical Mockery Of Government Economic Policy
Key Figures
Congress
Mr. Silas Wright
Virginia Burgesses
Key Arguments
Government's Currency Policies Are Destroying Standards Of Value Like Paper Money And Metals
Mocking Proposal Of An 'Untried Expedient' Leading To Barbarism
Satirical Suggestion To Revert To Tobacco As Currency From 1662 Virginia
Personal Benefits For Politicians Under Tobacco Payment System