The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-09-21

We laid this important and interesting document be-
fore our readers on Thursday morning IN an extra,
which did not allow us space for single comment IT
was sought for and peruscd with uncommon avidity;
partially on account OF the circumstance Of IT'S being the
rst message Of Mr. Van Buren,, but principally because
il was expected expose the policy and views Of the
Executive in singular posture Of public afairs That
Ii is an exceedingly able production, all admtevcn the
leading presses of the opposition Its boidncss rank
ness and explcitness tone the iucidness
OF its style and argument; much and deservcdly
commended. While the President urges his own views
with great force and ceamess he at tho same time
clams no infalbility Of opinion; but submits i with
confidence TO the wisdom Of Congress TO decide upon
the fitness unfncss Of the measures which are Inn
pressed upon his mind as the desirable to be adopt
ed in emergency peculiar as II 10 difficult TO be
met to the entire satisfaction Of the country-To
democratic majority, fresh from the people, and many
Of them elected with direct view to the present state
Of aairsthe great interests OF the country,an and the
preservation of the constitution in uninpared vgor,
nav we doubt not, be safely entrusted To the sound
ness OF their Judgment confde equally with the Exc.
cutive We cannot suppose that they will either mis-
understand their duties, or betray the country.
The Message, much TO the dissatisfaction OF the OPP
position and to the defeat Of their prophecies is equally
removed from non-comm,tslism and from dctation.
As to the President himself there is reserve rs to
Others an allowance OF all that diversity OF opinion,
which, amongst thinking and free people, must al
ways exist upon topics OF uncommon interest This
DIVERSITY VIII UNDOUBTEDLY lnuubSu, SNcH olouS
friends Of the administration with great Freedom and
trust in the spirit Of courtesy and frankness
with which is accorded II is essential and It Is right
that it should be Grave matters are none the less
wisely decided after opinions have been expressed
and compared with perfect uncons,raint
As TO the prominent topic Of the messsge-the dis
continuance OF the which has OF late existed
between the Treasury and State Banks-t has already
been subject Of discussion amongst the friends Of the
administration; and cannot be concealed that opinions
seem to differ widely to what true policy demands
The message argues in favor Of subreasury scheme
with force and cogcncy but il is possible that amidst
the conflict Of opinions the subec congress may not
fully adopt the proposed The objections urged
against il deemed by many republicans, too power
full to be disregsrded and those who agree upon
the policy Of disseminating the sort Of connection which
has existed between the treasury and the banks, still diff
fer materially as to the merits of the plan suggested as
substitute
To the minds Of considerable portion Of the people.
the employment Of individual agents TO be entrusted
with large Of the public moneys appears to DO
not only insecure in ITSELF but Of than doubtful
expediency it regards the extension OF executive
patronage BY others, the employment OF banks as
spectral repositories without power to use the moneys
for the purposes Of discount, but acting mere agents
for their receipt and safe keeping until drawn or ny the
treasury, thought to be less objectionable scheme
more advantageous TO the banks themselves than the
present system of virtual loans, and secure for the
government Whatever may be the termination OF these
various doubts, we cannot c0nceue, as the opposton
claim that the plan suggested by the President is sug
gested BY hostility local institutions that its pro-
posal indicates disposition TO make war upon either
their credit or their existence. We cannot regard the
principle of separation loco foco indeed for that
matter, the Address Of the Albany Republican Com
mi,tce in which urged very ucidly and pointedly
several weeks since, met with the almost universal dis
appreciation Of the loco foco presses The question OF
present expedicncy, however, and II separation is de-
iemincd on the mode in which the public moneys shall
exists and must exist, much difference Of sentiment.
These points, in the language Of the message, deserve
full and free discussion, and cannot fail to be bcne-
fitted by dispassionate comparison Of opinions" We
hope they will be generally discussed in that spirit of
frankness and desire for truth and the time
with that conciliatory one which become brethren Of
the same political faith, who differ only upon points Of
expediency.,
In relation to National Bank the President assumes
the true democratic ground in the explicit terms.
He will redeem his pledges TO the utmost and far
depends upon himself, any attempt to force such
institution upon the country cannot succeed
II hardly be doubted that the general views Of the
messagcils democratic principles, and the spirit which
it breathes Of anxious regard for the constitution
will commend it to the favor Of the body Of the people.
That il will be sioenty assaied, however, to be pre-
snmed but the democracy have been too long
toned TO such assaults TO regard them any thing
than the ebulltons Of Wing malevolence.
The violent they are, the more strongly do the
people rally support Of the administration and nothing
more usually needed to their unity and their
triumph than general and clamor Of the opposi
ton. .'s0 .ss.