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The Credit System

The Credit System image
Parent Issue
Day
23
Month
January
Year
1843
Copyright
Public Domain
OCR Text

-On our fir st page, inthe piare of our nstial notes bn Poli: kal E- coiioiny. will be found an extract fiom Dr, Comstock's Lèctüre before the Young Mens Lyceum. Tne snbjcc U onüof mucii impor timcp, anrf s fu-sl reeeiving public attenlion.- It beins to be discöyered thnt, were the eys- tem oftcrediting ab .liíhedas far as practicable, evefV porton couKI buy more g'odd, at ifj prices. b" tnoi2 independent, and could do b'isinp.-s wiili less r.k. A large army ofslierilT-, constables; vvilhesses, j irie.s, luwyer., j'idges, nnd jus tices, whu Kve vvlioly onn pnrt by consumiüg the prodticts of tle working iripn't! indiigtfy., wi'ïiout prodacing any porlion oftlie psiblic wealth, might be more usefully employt-d. No blame, howevor, can be iittached to tlieir present em.'loyment in collecing debts. Thcy carn what thpy rfci'ive. - - But the sijstem, as now praciccd, is injurious b.itli to debtor and creditor. (ïAccoriIing to the report of the pnpers, Mr. Adtins thinks latlter cDiitemptuously of the tcmprrance pledge and temperan -e socieMis. Ilis prn,ctise correspuncTa with his faith The correspondejit of the Froe Press 3ays,that on New Yeara diy, ? he treued his vuitors, to some excolli'nt nkl wine."ítr5" í'iie Liberator is out npri the Liberty Party in several columns a week ivith a!l the ppwcrs of rletonc anrj oratory. It represe-ifs ilie u"ho!e rn )vemcnt. us .1 cevice of t!ie Djvil, ridiculod?, cotiteinptibli w;cIpc), absurd, inefficent.LilÜD'.itian.Si,;. &.:. wr.t:r scera? to forcl tiint tlic Iiberty nvtn can no more be lidíenle! out uMhfiir princpleá, than tliey enn hfi'l)'iin'nio7.!c(! by artifico, or faced down by p:ib!ic soniimi'iit.

Article

Subjects
Signal of Liberty
Old News