davidaulloa/AmericanStories huggingface dataset:
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
. See Globe, Nov, 20, 1884.
THE sUB-TREAsURY AND ITS
SPONSOR S

Our labors, thus far have been directed faithfully
to the best interes, of our common country and for
the unimpaired supremacy Of those great principles
which have ever distinguished the Republican party
1t has been our aim to soar above all facious feel
ings and to keep far from us the spirit of iberality
We have brought the habits Of our life which have
been those of patient investigation and study to aid
us in deciding course of duty, and in sustain
ing in our defence of that course The result Of
this investigation, we regret to nd has brought us
into political conflict with some, with whom it would
have been our pride to have harmonized in thought
and action; but every claim OF independence and
every obligation of duty have made this difference
inevitable
The Sponsors Of the ill-omened Sub Treasury
scheme disposed to cling to ii still if we mistake
not the signs of the times We can but lament this
inatuation after the signal defeat of this measure BY
that branch of Congress which represents imme-
diately the will Of the people; and, when we find
State after State pronouncng their decided negative
We regret it, because II Is urged in violation of all
the warnings of experience, and against all sound
doctrine. We have consulted every authority whose
opinions we have heretofore been taught to regard as
fundamental and orthodox and ALL all are against
the measure. We regret it, not because we fear that
1t will ever have legal authority but because it is
pushed with pertinaci,y, and defended with zeal
not the best calculated 10 harmonic all the elements
that enter into the controversy, and which belong
together from affinity. We regret il, because its
friends are disposed to make it test question of
deity TO the Administration; and because they are
disposed to deal harshly with those who will not
yield their honest convictions their right of opinion
and their sense of duty the mandate of arbitrary
authority. We regret it, because Virginia New
York, Georgia, South Carolina, and Illinois, will
never consent to see their Rves, Tallmadge, King
Legare, Garland Clark, and MAY, ostraciSed for
their able dignifed, and patriotic stand against
novel measure which they think strikes directly
al The root of the highest interests Of The country
lhey will never consent that an arbitrary standard
OF orthodoxy shall BE- created, b. which these men
snail De read out of the pale of the political church.
ana branded as aposates for the purpose of foiSng
over their heads the father of MULTIPLICATION
with all his heresies thick around him. They will
never consent that this outrage shall b, perpetrated
against their faithful representatives for defending
the doctrines of Jefferson, Madison and Monroe
and the opinions of Dallas, Crawford, and Cheves
No the people will never consent that their viglant
sennels rich in intellect and proud in honor shall
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
THE FLoRIDA WAN.

The news from. Florida is more cheering than any
that has been received from that quarter since the
war began. We trust that the capture of Powell and
his leading confederates will row precipitaie the
difficulties of removing the Seminoles, to close
The following is from the Globe Of lst inst
An official report has been received from General
JEsup dated ST. Augustine, 22d October, in which
he states that Asseen Yahola (PowclD is his prison
er, with nearly all the war-spirs of the nation
The chief came into the vicinity. of Fort Peyton
the 20.h, and sent messenger to General HERNAN-
DEF, desiring TO see and converse with him. The
sicky season being over, and there being no further
necessity TO emporize General JEsrP sent party of
mounted men and seized the entire body and now
has them securely lodged in the fort. He has Ema-
tha, (Philip,) Coe Hajo, Niece potokee and Euchee
Billy, all principal chiefs; Coacoochee, (Wild Cat
Asseen Yahola, (PowellD Chitto Yah,la, Tuste-
nuckee, and several other important personages, sub
chiefs with more than eighty first rate warriors and
he has also guides who can lead the army into every
fastness in the country.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

Dc driven from their sphere Of usefulness for re-
pudaling the imsy inventions Of an OBJ Scure Tyro,
who, at this enlightened age of the world comes out
with meager pamphlet, 10 show thai all the stand
ard works Of political economists and the settled
principles of statesmen in Europe and this country,
and all the experience of ages upon the subject Of
finance and banking, have been nothing more than a
tissue OF errors, fallacies, and oppression
is not in the power Of all the Fictitious aid thai
can be brought to carry out the visions of this feeble
pamphleeer that subver the settled doctrines of
repubcanism; that can revouonize the stable
principles Of political economy; that can disregard
The wise counses Of experience and force the
try to swallow the "gilded" nostrums of this revolu
tionary Sangredo. They are destined to sink, dis
honored before the clear vision Of an intelligent
people. And we firmly believe that the day is not
distant when of the advocates Of these strange
doctrines will be ashamed that they were Gonged by
such weakness and folly.
Proud should we be, if we could see the honored
fnncionary who has adopted these indefensible
measures, too weighty for him to carry and too
seemly for his plastic hand to fashion into comli-
ness, throwing them like loaihsome weed away"
and BY so doing, give TO all his friends reconciled
fellowship; and to his administration popularity
that would spring from happy country and CRATE
full people.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
HARD MONEY.

We find in recent French paper this calcutta
ton.
The money capital Of the principal countries Of
Europe was recently fre mlliards Of francs, equal
to about thousand millions of dollars OF this
amount it is estimated that one-fith has been ex-
ported to the new world, and absorbed by various
loans, &C., there--leaving in Europe about 800 mil
lions of dollars These 800 millions constitute the
b,se Of 7,400 millions--he estimated floating paper
deb. of Europe and Of all the paper money com
mcrcial bills and joint Stock estimated at 1000
millions more-makng an aggregate of elepen thou
sand four hundred millions Of dollars, with specie
bisis of 800 millions or fraction less than one
dollar in coin for fourteen of paper
This is rather discouraging view for those who
would insist, at all hazards, upon purely metallic
currency
II would hardly suit the farmer, we apprehend
to sell for one silver dollar, what he now obtains
fourteen paper dollars for-nor the journeyman
carpenter to take rs cents in silver, for his weeks
wages. Yet such would BE- the issue Of introducing
and enforcing an exclusively metallic circulation.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
CORRESPONDENCE.
Oct %, 1897.


With respect to Mr.. Webster's doctrine, that the
General Government has the power TO regulate other
than the specie par, Of the currency of the country
resulting TO it from the power TO regulate commerce.
will briefly refer to other authority OF negative
character .."
Judge Tucker, of Virginia, with pains-taking
mnueness, traces the line Of separation between
the Jurisdictions of the Federal and State Govern
ments. He comments on "the commercial power"
Hctes of its design is objects and its consequences
But he no where intimates that il does or was in
tended TO confer Congress the power 10 regulate
the paper part Of the currency of the country See
Tuck, Black, Comm, App. from 2i1 to PSI in
elusive
Chancellor Kcat, Of New York, has given us, also,
enlarged and particular commentaries ON the con-
struction Of the power OF Congress to regulate com
merce among the severalSIaes" Nor does he infer
IRON the commercial power thar it is tho duty Of
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
From ihe Globe. IA lhe nom inst.
MN. MAsoS,s SPEECH.

The reader will be interested and Instructed by a
perusal of the candid, dignifed and forcibe argu-
ment Of the new republican member from Virginia,
which we publish to-day. lis calmness and sincer-
iy will recommend TO every mind, while its clear
ness and strength viii not fail TO carry convict IN 1t
takes very strong ground against the Sub-Treasury
scheme, and hard-money policy The following is
expressed with remarkable force and truth
lay down. then, this position and deny any re-
fuation. That the Government must, as permanent
necessity deal in that currency in which the people
deal; 1t is the law of its CREATION, and inseparable
from its condition II must receive what the people
receive and pay what they pay--a necessity from
which Government cannot escape II il would-and
ought not if il could.
The speech will be issued from this Office in pam
phlet form.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
From the augusta Conaitnfioaalist.
SENATOR KING, OF GEORGIA.
SENATE CHAMBER, Del. 3,

SENATE CHAMDER, Oct. " 1851
Dear Sir,-Justice to myself compels me reluct-
antly to notice an article in the Constituencies of
the 3D. inst In that article you do me great injus-
tce You assa me where am most sensitive-but
al the same time most nvunerable II have any
pride as politician il is the pride Of consistency; if
have any claim to merit II IS an adherence toprin-
ciples; il have any benevolent virtue, il Is lasting
gratitude TO my friends; and I wish no other distinc-
ton than that of an honest devotion the interests Of
my constituents My claims and pretensions being
humble assert them with the more resolution, and
hope you will neither mistake my temper or my OBJ
jec If call you TO retract prorc some OF the
charges you bring against m.
ask then what are the great principles which
the democratic party profess which have aban-
doned and what changes Of sentiment | have I'M
dergone which place me in opposition TO that par.
tyn or the solemn declarations Of the Legislature"
II imports that should know this for it is perfectly
true that " was twice elected BY that party TO the
exalted station" hold; and with the destiny OF that
party Ihave united my own-and shall stand or fall
with il. Reminding me of this generous confidence
was gratuitous and unnecessary II can neither in
crease my gratitude, or add TO my obligations. No
wereunmerited they were also unsoliced and have
always been al the disposal Of those, who SO gener-
oliSly conferred them. ,
BIT what" solemn declarations Of the Legislature"
have Idisregarded DO you refer 10 my uniform
opinion on the subject Of the United States Bank
My opinions on that subject have never been CON
cealcd or changed and were well known to The
Legislature al the time they elected me 80 were
those of my then gifted colleague wh Jsc opinions
were in accordance with my own. What chdhge
then, have undergone on this subject, thai meTlts
your anmadyerson have done nothing farther
than To defend myself from unmeFited denuncia-
tons and these too frequently from the mere popin-
laws Of power who most miraculously changed
their opinions am not yet convert 10 the modern
doctrine (of some democrats) Of Jorting blessings
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

We copy the following from the last number of
the Albany Argus. We like the spirit and object of
the Argus and would facilitate possible its efforts
in bringing the Globe to its senses but we fear we
might as well undertake to call spirits from the
vastly deep" We agree that the Globe "has il in
his power, by friendly Offices to do much towards
resumption OF specie payments and the restoration
of general confidence" But TO countenance such
English, y" federal "feudal' conduct, as return
to specie payments by the banks would be surrender
ing the cause to which he has sworn allegiance upon
the altar of Sub TreaSuryism. "Of his disposition
10 do equal and etac justice, well to banks as to
individuals, the confidence of the Argus may re-
solve itself into doubt" by reference to the last
three or four numbers Of the Globe, where /" indi-
vduals" are transferred from democrats into fede-
raisis and banks" into 'feudatories" and baro-
nial' castles. The Argus has no occasion to re.
fleet upon the past course of the Globe" for how
severely in its present remarks does it reflect upon
ITSELF! The Argus simply seeks to secure its CO.
operation"-"i in rescuing currency and business
from its present arrangement" and "to preserve the
ascendency of the republican party" This is seek
ing singular aid from one who is sworn 10 DESTROY
all banks and in his patriotism" is only stimula
ted By deteat!'
We have overlooked until to-day. the following well
deserved compliment to Of the best conducted in
stitutons in state and from source too whence
honeyed words not too freely poured the banks
In copying il from the Globe, we take the liberty Of
asking from the editor Of that paper inspection and
criticism Of the last monthly returns Of the banks Of this
and particularly Of the hanks of this city He has
il in his power, by friendly Offices, do much towards
resumption Of specie payments and the restoration OF
general confidence. Of his disposition to do equal and
exact Justice as well TO banks individuals we have
no doubt and we fcarlessly challenge a comparison Of
the business transactions, since January 1897 Of all
our state institutions taken together with those OF the
same number OF individuals selected from any portion
OF the United Staies however distinguished for their
prudence, skill, and sound business character
In making this suggestion, VIC by no means intend
to reflect upon the past Of the Globe or any
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
THE sUsaUEHANNA.

As we believed from the beginning the reported
piracy will turn out hoax Men who who would
be guilty of such trifing with the feelings of the
community, as to faDricate such story, deserve
the severest apprehension and punishment. The
state of anxiety and suspense into which the many
friends of those board the Susquuehanna have
been involved, must have been inconcevably pain
full
The annexed information from the Charleston
Patro, Of Sunday last, will go far to relieve the
public anxiety.
Arrived yesterday, schooner Planet, Smith, New
York, days; 22d instant at IL O'clock lat. 35 80,
lon. II, saw packet ship Susquehanna, from Phila-
dephia, for Liverpool, steering L. by s.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

tConsess BY regulating other than the specie part OF
he currency Of the country, " maintain currency
sniicI TO the circumstances OF the times" See
Ksns Comm, Lect I9,p. 40i to AIS inclusive.
Though say this authority is OF negative cha
racier il may BE- fairly considered to be positive mega
ton of Mr.. Webster's doctrine. These commenta-
tors, in their respective works, profess totake com
prehensive survey Of all the powers o: the Govern
ment and the exact extent of each. Their omission
to enumeraie this power resulting from that to
regulate commerce, is equivalent 10 denial Of il.
C..
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
PHILO FISCUS.

LIONEL WAKEFIELD: By hs author Of Syden-
ham" Philadelphia. Repubfishcd by Carey Leaf
Blanchard 2 rOls 1887.
This novel is extremely well adapted to the times,
as it treats of Specniations matrimonial, moneta-
ry, moral and political, legal literary and occasion
ally, little lackadaisical 1t is well written, en-
tertaining and instructive book-a mirrour in which
hundreds, nay thousands of readers, will see them
selves most distinctly reflected In Short it is the
SPECTATORS manual.
For sale by Franck Taylor, at the Waverly Lii
brary.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

THE Hawk CHEF, A TALE OF the Indian Conn-
try. By John r. Iruing, Jr. Philadelphia: Carey,
Lea & Blanchard. vols. 1887.
The very name of the author should entitle the.
work the favor of,he public but apart from this,
its merit as an interesting tale, will not fail to Sc
cure it,
We b.speak favorable reception for this
work as a new and inexhaustibe field offiction and
truth that will prove both interesting and ns;ruc-
tive. ."tE ..-.
For sale b. Franck Taylor, of this city.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

Senator KINGS letter 10 the editor of the Augusta
Constitutionaist, will be found in our columns 10
day 1t is characteristic, but regret that the stric-
lures of single editor Of newspaper should have
induced him to resign a position which he now a.
dorns. We have no doubt, however, that his con-
stituents would return him again by an overwhem-
ing majority.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
RESUMPTION OF SPECIE PAYMENTS.

KESU lOAN oc oELCDl n NlEN
The following letter Of the New York Committee
was addressed to tho Virginia Banks:
NEW YORK. October 20, 1887
"Sir: At a general meeting Of the officers Of the
Banks OF the city of New York held the 10Th Of this
month"; the committees appointed the 18th Of An
gust last laid before the meeting the communication
received from Banks in the several States, to
the circular Of the Committee of the 18th Of August
last, ...
"Whercupon it unanimously Rcsolpcd, That
the banks in the several States be respectfully invited
to appont delegates to meet the 9Th day of Novem
Der next in the city Of New York. for the purpose of
comforting on the time when specie payments may be
resumed with safety, and the measures necessary to
effect that purpose.
ave pray you to communicate this letter to such
other banks in your State you may deem proper
aud leaving tho number of delegates entirely your
selves. onlr beg leave, to urge the importance OF
having every State represented
We have the honor to be, respectfully, sir
Your most ohedient servants,
ALBERT GALLATfN,
GEO NEWBOLD, Committee.
=, G. w. LAWRENCE, }
"The objections raised by the Philadelphia banks,
induced to wait till after Congress adjourned before
VIC called the proposed Convention. We were indf-
fcrent the place Of meeting preference for Bal
timore expressed by other banks than those OF
Virginia; and the doubt, whether those of that city
would unite with us, rendered it nexpcdent, in our
opinion, to select il for the Of the Convention
A. G.
To the President Of the Bank Of Virginia"
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

The Loco-Foco's of the city of New York, deserve
the apprehension Of every friend Of the regular Re-
publican party, They before partly succeeded in
defeating the administration candidates. They will
now, we have no doubt, complete their designs and
defeat the administration in the city by at least 5000
votes. The spirit prevailing in the interior,we have
good reason believe will still preserve the ascen-
dancy of the administration in the State.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

respect to delse from the general and conceded ability
with which that paper has l,een conducted We sin,-
ply seek Ia secure corporation Ia what we deem
desirable modo OF rescu,g currency and business
from rs present arrangement, and thus 10 preserve.
what we both have near heart the ssceDdancy Of the
republican party, aud its legitimate consequence, the
true Interests aud honor Of the country.
From the Globe, Of The ION inst
KEsuaPTios or SPEciE PAyMESTs-In noticing the
Tact Of the resumption Of specie payments by the Canal
and Clinton banks, omitted 10 state that similar
course has been adopted blythe Mechanics and Far
mers Bank Of Albany. The public spirit and great
ability with which this institution conducted iring
the panics Of 1894 and 1887 increases the qualification
we derive from the annunciaton OF fact important
to the public and honorable TO the bank.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

But nv zeal for his service is superior to neg
Loo, and. like Mr. Wilkes patriotism, thriyes by
persecution Yet his majesty is much addicted 70
useful reading; and, II am no, III informed, mas
honored the Public Advertiser with particular aneh
ton n-.InniRS.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

y.yPersons wishing to subscribe to this paper will
bear in mind, that we invariably require payne" .
adraHce.
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03
PROPERTY FOR sALE.--By vir

yyALTABLE PROPERTY FOR SALE--By virtue
Of deed ofrst, executed by Duff Green, and bear
ng date the tenth day Of July, in the year eighteen hun
wednesday, the twenty second day OF November next
Inc valuable real described in said deed as being
that story brick house tenement on part o. io
numbered six in square numbered three hundred and
seven (3i5 in the city Of ashington being the
west house Of three houses formerly built on said lot by
Charles Csi deceased !" and also the part Ct SAID iot
"a said house extending back due north
fnm street 10 public alley, and also the whole Of
lot number (7) in the said square
The terms Of sale will be onehird cash, ana me pa
49, II ,v,o eaua nsalrnenis OF three and SIX mcaths,
,h approved security and interest from day o. sale
be sae 10 take place Dmcdaiely in front OF the pre-
misses on street. at eIcSen o'clock In the forenoon Of
The day above mentioned.
For the Bank Of the Metropolis
JOHN P. VAN NESS, President.
Oct 30-2aw
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

AIRS. PAGES BOARDING HOUSE, on Pennsyl-
M yania Avenue, opposite the Centre Market. Per.
sons visiting Washington be comfortably entertained
by the day week. .no
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

Mr.. LEGAREs SPEECH for sale at this Office. Price
ss3 90 per hundred
The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-11-03

In rHosE THINGS WHICH ARE hsshs''AA' ~ '"AA"
n.,rv-,x nos-rssEsr,ALs, LIBERTY, AND IN ALL
rmSos cHARITy.--AHgasta.