The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-12-05

his late letter, dated Sd November. saws
The union between the Government and the
money power, which had SO greatly strength.
ened those in authority at first, had not only
ceased, but they were forced to take ground
against the re- union oflhe two, and to MAKE
WAR AGAINST THOSE VERY BANKS.
which had been the instruments of their power
and aggrandizement" The limitations con-
tanned in the foregoing, that the Government
had, at any time, been aggrandized through
the instrumeniality OF the banks, and its being
forced TO take ground against them (by their
newly acquired allies no doubl) we will leave
Tor the Globe and the Argus to answer 1t is
enough for our purpose that we have the ad-
mission Of this fugleman and file-leader Of the
new alliance, that the Government found a
pretem to g make uar against those uery banks"
Tits own agents) and all the banking institu-
tons in the country! Here we have an ad-
mission that cannot be gainsayed. Ii WAS not
ourselves alone who saw the issue which
would inevitably follow the attempt to force
the Sub-treasnry scheme upon the country.
The banks and those who were interested in
and connected with them saw it full well also
They saw that the measure was intended as
the commencement of an exterminating war
upon them and all who had the independence
TO support them. They were obliged to put on
their armor for self-defence. This, however,
has been done TO very limited extent Of
the power of the banking institutions in this
country, Mr. Calhoun, in the same letter, be-
fore quoted, thus speaks "Of all the inter
ests in the community, The banking is BY far the
most Influential and formidable--the most actiue
and The most concentrated and perpading." 1t
was this war, waged agains, the banking in
situations Of the country in the issue contained
in some Of the propositions of the message,
that led to the defeat in Maine and New York,
and not the g Conservative faction" as the
Age and the Globe would have the public to
believe. Most sincerely do we hope the for
midable power of the banks may not become
concentrated for common defence, by re-
newed recommendation Of the same warlike
measures against them and their connexions
on the part Of the Government If such
should unfortunately be adopted, we are APP
prehensive that in their concentrated power
all will be realized that Mr.. Calhoun describ-
ed as appertaining to them We never wish
to see the banks driven into position in
which they can discover their united
strength.
What, we ask, can this war which Mr.. Cal
houn admits is waged against the banks, be
for, unless destruction? 1t cannot be for any
other purpose. The sole object in view is to
destroy them. As repugnant as the title ap-
pears to be to the Albany Argus, it and its al
lies will be obliged to submit to it, and be
known as Destructiues, contra-distinguished
from Conservatives.
We cannot close this article without quot
ing from the Globe one or two of its references
in by-gone days to its new ally; to whom it,
and its affiliated presses turn with soy and
pride" Under date of the Sd of January,
1884, the Globe said, 50 We have seen ca
ricature in which Mr. Calhoun is designated
by label marked Nulla fde.' Itpoints out
an apt derivation for the party name with
which he has distinguished his partizans. In
plain English, it would warn us..that no trust
is to be reposed in the, wearer of the label.
Certainly no man ever nulifed truth with so
little remorse as Mr.. Calhoun. A thousand
instances could be given"
We are strongly inclined to the belief that
any one who shall take the file Of the Globe
in 1884, treating the propositions of General
Gordon and Mr.. Leigh, and condemning them
without stint and take the file Of the same
for few months past, advocating the same
scheme which those gentlemen then propo-
sed-would arrive at the conclusion, that there
is no trust" to be placed in it; and that at
one of those periods, it nullifed the truth with
as little remorse as its new ally ever did,
We give another extract from the Globe, on
the 3lst of January, ls35-speakng of the
attempt to assassinate General Jackson, it
said" Whether he (Lawrence) became in
fatuated with the chimeras which have trou-
bled the brains of the disappointed and am
bilious orators who have depicted the Presi-
dent as Caesar, who ought to have Brutus
as CROMWELL Nero-a Tiberius we
know not. If he had heard and believed Mr..
Calhoun's speech the day before yesterday
he would have found in it ample justification
for his attempt on one who was represented
as the cause Of the most dreadful calamltes
to the nation" e
The charge insinuatcd in this extract is too
plain to require any calculation from us.