Monument to the Memory of Henry Clay

Cover Monument to the Memory of Henry Clay
Monument to the Memory of Henry Clay
George D George Denison Prentice
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But that property, without their fault, possesses no longer the same value ; and hence discontent, impoverishment, and ruin arise. Let us suppose, Mr. Chairman, that Europe was again the theater of such a general war as recently raged throughout all her dominions, such a state of the war as existed in her greatest exertions and in our greatest prosperity ; instantly there would arise a greedy demand for the surplus produce of our industry, for our commerce, for our navigation. The languor which... now prevails in our cities, and in our seaports, would give way to an animated activity. Our roads and rivers would be crowded with the produce of the interior. Everywhere we should witness excited industry. The precious metals would reflow from abroad upon us. Banks, which have maintained their credit, would revive their business ; and new banks would be established to take the place of those which have sunk beneath the general pressure. For it is a mistake to suppose that they have produced our present adversity ; they may have somewhat aggravated it, but they were the effect and the evidence of our prosperity.

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