The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-10-17

MOI pslea in all lis operations Perfection belongs
not TO the inventions of man; and of the many pro-
auctions Of his genius that honor and bless society
not one is free from imperieetions and all are sub
ject 10 abuse No sooner should we repudiate well
regulated system Of credit because every evil could
not be guarded against than we should abandon
navigation because the ocean claims lis tribute Of
victims, or that We should relinquish steamboats, and
railroads because accidents sometimes occur Ii is
the province OF wisdom to look to the practical
suits OF every system and see how il operates in in
creasing the sum of human happiness and prosperi-
~, and TO ascertain il the good greatly preponderates
over the evil II its operation is productive of this
result, our chief end is accomplished
But what offered in substitution Of this sys-
tent metallic currency which no wisdom can
reduce TO practice, and if il could, il would curse
with ruin The eve Of its adoption, and blast every
promise that the future holds out TO happy
try II would clip the wings OF commerce il would
siagnate the ocean of business il would take from
enterprise lis activity; il would strip industry OF
It's reward II would dry up the streams of revenue
II would repreSS the aspirations of genius; ii would
paradise all the great moral elements that give Us
dignity, power, and influence, and should be
thrown into the ranks with the older and smaller
nations, TO travel with them the lardy and devious
route to an unknown and unpromising destiny. Or
what is worse, il might end in revolution!
Contrast this system OF credit in its practical re-
suits upon England and this country with the policy
that is practiSed with continental Europe and see
which has worked best for the common good Ii has
made England the banker of the world-il has en-
abled her TO subsidize all Enrope-it has given her
moral influence that holds in check and regulates
the destiny Of nations-it enabled her 10 resist
cesSiully the formidable blow that aimed al her
national exisence-- has made her the first naval
and commercial nation in the World-it has made
her The manufacturer for hundreds of millions Of
b.ngS-it has made her the first patron Of The arts
and Scences-it has given TO her people the enjoy
men of more practical liberty and its concomant
blessings, than is known any where else but with rs
and il has made her The wonder and the admiration
of all christendon Such is the result OF this ys-
TEN in England and with us, its achievements have
been greater, when We compare our age with our
mother Whilst continental Europe, with an exclu-
Sive metallic currency in some parts, and mixed
currency in others, can bring into competition no
thing with England or this country and in the great
race for moral power and glory she is lost in the dis
taIce Her despo,ism and her currency (congenial
partisans extinguish every Of liberty enterprise
and happiness Italy and Portugal have an crctusire
met0Ac currency, and no two nations al this mo-
men, SO benighted degraded, poor, and miserable
and their course is still downward In the scale of
civilized nations they SO degraded and debased
that they have fallen below the reach of sympathy
Look al Russia with her deblSed metallic currency
without commerce, without manufactures, without
agriculture; no railroads no canals enterprise
known, her people a0res; and religion alb jured We
will not that this long catalogue of evil and ills
has been superinduced by the peculiar state of the
currency in Europe but we believe that it has CON
tribuled much very much towards it and that Eu-
rope would have been al this day freer, happier,
richer, and better, if she had initiated the example
Of England by adopting the credit system.
When we reflect upon what this system has done
for our own country we wish no farther experiments
to change and better her condition We do not BE-
lieve that all the utrasts put together can give
better government than we got from revoutiona-
~ fathers, better currency than We have had,
and which we may again have by avoiding the ultra
ism of the times Their views of government,
finance and currency, We cannot respect ; and we
would place them where the Christian world has
disposed of the age Of Reason and where
Redheafurs' imposture placed in the philosophy
Of mechanics. We had rather be seen steering by
the chart that was left by our revolutionary sages,
the science of civil poity: none Of whom have their
minds, their virtues, or their experience.
We rejoiced TO see the indications of public
sentiment in the defence and reform Of the credit
system agains, the uras and dcstroyers. The mo-
raj effect of this movement in the different States in
the contes, which is now waging, will be witness
The friends of the system stand ground which
cannot be shaken We trust the President will place
himself on This Sure foundation We have n strong
desire to see him administer this Government in
such way to insure TO il glory and prosperity,
and to himself honor and happiness. We
aware that he has difficulties TO contend with but
ler him remember that the proudest honors are ga
thercd where dangers stand thickes and where diff
culties most oppose Let dcmagogues threaten
they may let them nsocntlv dictate if they will he
should SpuTn them when every mandate of duty and
every admonion of sound sense point to a different
course If he will place himseion that field where
Jefferson and Madison stood for more than half
century, like them he will conquer and like them he
will gather enduring fame. Most sincerely do We
hope for this as every feeling we have bears most
kindly and cordially towards Mr.. Van Buren, as
man and politician,
THE FAIRNESS OF THE GLOBE.
In the Globe Of the l4th instant, there is quite long
editorial article (consoaory for the loss OF the Divorce
Bill bat exultinr over the " failure of Mr.. Rlvcs'
,l,1, ,ts fam