The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-09-14

people of the country were also sensible
enough TO understand from their own feeling,
and interests, and those around them, tina,
such doctrines, were only agitated by dema-
gogues OF limited influence, and rested salts
fed that they never would prevail in the coun-
try. The people have not understood, and
did not expect the policy proposed by the
Presidents Message We venture to assert
that, had they understood that the schemes
proposed were to be the policy of the Admi-
nistration, they would have been smothered
by petitions and remonstrances in the Incl
pient stages Of their introduction We are
willing TO risk our reputation as prophets, upon
the prediction that a few months will bring
forth indications abundant to show in the most
unequivocal manner, that, the opinions we
have stated as to the real feelings ofthe people
on this subject are correct.
At meeting Of the Democratic Republicans OF Yates
county, New York held in pursuance Of previous
tice, the Court House. the village OF Penn Yam, on
the I'd day OF September. 1897 Hon SAMUEL S. Ellis
WORTH was chosen Presiden.; GEORGE YoUSes aud
CHARLES G. JUMP and joan l., LEWIS, Jr., Secreta-
| RES.
The objects OF the meeting having been stated, on
\ motion,
Rtsoired, That committee OF three be appointed TO
prepare resolutions and present them TO this meeting for
| its consideration.
Hon. Cornelius Matson, Abraham H. Bennett, and
John l., Lewis, Jr. were appointed such committee.
Mr. Lewis from said committee, reported the follow
ing resolutions which after discussion, were unanimous
! ly adopted.
| l. Resoiped, That when any theory, however paus
Bile its pretensions fatterng in its conclusions has
been proved TO be mprsccable in its operation, and
ruinous in its results it should be rejected unworthy
be the basis Of further action, and that theory
should be embraced matter of experiment, unless
demanded by public sentiment.
2. RESOLVED, That while lament the deranged
state OF the currency and the present pecunary embar
easements Of the country and absove the government
from oil blame accusation the cause, we cannot
but believe that they have in from
bracing as true principles which were never proven,
aud which experience has shown to be unsound and
false
s. Pesolped, That repudaie the doctrine OF
currency exclusively metallic yisionary-as Inconye
nient and burdensone in It's exercseas paraszng the
growth OF enterprise industry and prosperily-ss un.
productive IN It's nature. and totally impraclcable, by
reason Of want Of specie for circulating medium,
for even the ordinary transactions Of business
Resolred, That we approve OF credit system
under due restrictons system which shall be based
upon public confidence and mutual good faith which
shall advance the general prosperity Of the whole
try, expand its enterprise, and deveope and bring
action its resources which shall extend general
knowledge and happiness and which shall diffuse that
universal content security and freedom, which is the
Distinguishing feature between despotsm and liberty"
s. RESOLVED, That we do believe, that these great
results will be obtained by demoishing the moneyed IN
| stutions of the States, destroying confidence in
them, bu. deem j, 10 be duty to foster and
rage, while reform and regulate them, restricting
undue issues and placing them secure basis, aud
thus causing them to subserve the purposes of their IN
corporation.
6 Resoped, That we have the most entire confidence
in the Safety Fund Banking System OF the State Of
New York, conducive to these ends, by regulating
our banking institutions, exercising yigant supervi
sion Of their affairs and restraining them within their
proper limits.
.. Resoired, That we look to kindly tone towards
our State Banks and prudent confidence in them,
the only efectual of leading tina; universally
desired object, resumption of specie payments, (sus
pended through necessity and not by fraud treache
~ and that do think that object be gained
while GRIPPING and warning against them.
8. Resofred, That we cannot concur in sentiment
with those, who advocate the collection, keeping and
disbursement OF the public moneys by individuals (com
monty called the Sub-Treasury pan,'O because we
believe that plan be hostile the State Banks that
the public will be unsafe that it increases in
an undue manner Executive patronage; that it
ders into the hands Of the Executive through its agents,
the public purse that it is difficult dangerous, and more
expensive, than the present system and that il in
creases the supposed necessity for National Bank
" Resored. That our confidence IN the adminis,ra-
ton OF the National Government is diminished but
is increased by the avowed Willingness of the Presl
dent to afford ample and speedy relief to the nation;
and that we recognise in MARTIN VAN BUREN, a
whose life has been devoted the best OF the
people, and who has united with the democracy
OF his native State IN securing equal rights and adyanc
i ing the welfare Of every citizen.
a.
publican General Committee Of Albany, expressed in
their late Address, sound welltimed and able, and
with some few exceptions receive our most cordial con-
curence
H. Resofrcd, That most cordially approve of the
positions assumed BY distinguished Senator in Con
gress, Hon N. p TaLLnApGE, in his letter to the Al
bany Argus, on the subjects OF well regulated credit
| system, and metallic currency, and that in carrying
out those views he will receive our fullest support.
IL Resolred, That our best thanks due to those
democratic presses, who have ably and fearessy ad
vocated the sentiments above expressed which we be-
eve to be III accordance with public opinion, and the
views Of majority Of the Republican party aud that
we cordially welcome to the field new and distinguish
ed aborer, IN the advocacy of those principles IN the
Madisonan," recently established in the city OF Wash
! ngton.
10. Resolred, That the times and the exigencies of
the country demand tone Of Cancellation in coun-
ellis, and that earnestly recommend the adoption Of
spirit OF unity and harmony in the democratic ranks
the only Of preserving and enforcing the
cendancy Of those doctrines, long and jealousy
maintained
On notion a letter OF the Democratic Republicans
Of Yates county TO Hon N. p. Tsllmadge, approving
of the positions in his letter the Albany Argus the
subjects Of credit system and the currency then
read, aud approved and presented for signatures tis
letter will be given heresfter)
! On motion Of Hon w NJ. Oliver it was
| Resored, That committee Of five be appointed
transmit the above letter. with the signatures, and
copy Of these proceedings, to Hon Mr. Tallmadge and
Messrs William NJ Oliver, Samuel S Ellsworth Abra-
| ham IL Bennett Samuel Stevens and John l.. Lewis,
Jr. appointed such committee.