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These are precisely the provisions which he commends to the adoption of wise and patriotic State legislatures as an admirable corrective for suspensions; yet he forgets to explain to us how it happens that the Bank of England, to which they are all applied, has virtually suspended payment six times in the course of its existence, having been saved from open dishonor only by the timely assistance of the government, while the trade of England, in spite of the staid and conservative habits of the people, is quite as liable to those terrific tarantula-dances, called revulsions, as our own.
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