The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-08-30
To Thomas Allen, Esq.

and intent o'Hakc the ProPoseu ne" aPe an oiSah
for the establishment Of :" National Bank against,
the administration Of the General Government, and its
present organ at the Seat of Government.
In your answer be pleased also to state whether you
propose that your Paper shall maintain party principles,
and support party usages and whether IN declaring your
intention to the extent Of your ability to render the
aiminstra ton Of the General Government respected at
home and abroad" you intended to intimate that this
end had been attained by the late administration, or
TO cast any censure upon the late present President
Very respectfully,
Your most cbedent servant,
WATSON +. Lawrence.
Chairman Corresponding COMMITTEE.
New York, Aug. 4, 1887
To Watson E. laurence, Esq, Cha'rmanof The Cor
responding Committee.
Sri have the honor to acknowledge the reccip, to-
day of your communication Of the 4h inst written in
behalf Of the General Republican Committee Of New
York, propoundng certain questions in relation to the
design and intent of the establishment Of the Madso
man IN this city
In reply, am free to that it is not and never
has been my design and intent to make the proposed
Paper organ for the establishment of Nation
al Bank against the administration Of the General Co
vemmcnt and its present organ" here. Aspiring to be
an organ Of the Republican party, most assuredly do
proposc to maintain party principles, and support par
~ sages in every essential point, with the best Of my
ability and understanding
The words to render the administration Of the &C.
neral Coy crnncnt respected at home and abroad per-
mt me to say do not occur in my Prospectus. But IT
is SAID that +" measure Of contribution is deemed
essential to the enhancement OF our self-rcspect at
home, and the promotion Of the honor and credit Of
the nation abroad" BY this certainly did not " intend
to intimate that this end had not been attained by the
late administration or to cast any censure upon the late
or present President may take the liberty to add,
that have been from the beginning friendly supporter
Of the late and present administrations and that am
at present upon perfectly harmonious and friendly
footing with the present President and part Of his cah
net and that have been able TO perceive disposition
manifested their part discourage the establishment
OF the Madsonlan.
More particularly in respect to my designs permit me
add that reference to the present PROSTATE cond
ton of the country and the arrangements Of the
rcncy, am ardcntly anxious to reconcile much as
possible the many conflicting opinions which are
ngly tending to distract the Republican party in rcla
ton particular Of policy designed for relief
Will not disguise the fact that in this condition Of
things, which call for the exercise Of all prudence
and caution am opposed TO untricd and dangerous
schemes and to all and innovations gong be-
yond that kind Of reform which advocated by Gen
Jackson in his message Of 1885 and by Mi Van Burcn
III his letter to Shcnod Williams, best calculated
promote Il practicable in the management Of the
public revenue and in the general currency Of the cou
~,
reform Of the State Institutions by charging their spe
Gle basis excluding from circulation all under 10
20 dollars, and imposing such other restrictions
experience has proved to be necessary. As Mr. Van
Buren, remarks those institutions incorporated
with all the interests Of the country that they cannot
be easily ovcrthrown-,pon them the whole credit sys-
TEN Of the country now reposes-a system which am
prone to think has cmphacaly made New York the
Empire State and her great city the renowned Com
mcrcal Emporium Of the nation. The annlha,ion Of
such system, the Substitution Of any measures cal
culacd enforce such metallic circulation would
III effect exclude these institutions from existence
would be surrcndcrng, believe, our advanced civil
iza,on and revolution Of the most dcsolang charac-
ter sacrificing all classes OF society to those who i've
upon spends and interest, To preserve the faith pledr
ed IN the legislation which gave these institutions cxs
tcncc, and 10 allow abuses which may be corrected
operate their overthrow and ropudlaon in part what
We mean by pursuing CONSERVATIVE course. Some Of
those who are pre)ndlccd against these institutions, and
those who agltatng their destruction, and other ex.
IRENE notions aud who profess to belong the cpubl-
party 1t TO do not represent the true poll
Of the Government Of the party, nor arc their
measures, countcnanccd as fear they are by presses
holding positions 10 give authority their views cal
cuAled either to promote our own sclfrespcct or en-
haucc our credit abroad
hcy seem calculated to rcara the rc-cstnbllshmcnt
oI confidence aud trade and the re organization Of those
institutions which give life and animation Nv desire
would be TO adhere to tho original land marks 10 mo r.
rnhicansm OF our fathers and To check hc downward
tendency to radicasm which has been indicated II an
icrcnt parts Of the country shapes sufficiently alarm.
ing lpprchcnd, to arouse every patriot and lnlcc,
every individual Who has any stakes society promp,
and otticlen, action view ol The danrcrs which thu,
threaten even the social compact 1t is IN this view
generally, hoping 10 caArsc tho sources Of information
and TO nculcaie prudence and moderation in our cp,-
scls and dignity our conduct that we would cont,r.
hnic our humble aid il promoting tho crcd, Of The M
tou abroad and It's prosperity a, home Supporting the
administration IN gOod faah cndcayorug 10 promote is
success aud preserve harmony and union IN tho rcpub
can ranks and wlthou, wishing 10 interfere in any man
n'r With the lihors and Of others engaged in The
same great cause In all this We seek 10 he tr,d ouy
UPON or merits Time VIII no, permit me at rcsen,