Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1837-09-23

cooched IN the most pacific language, the sub
stance OF which was, that he considered the note
q 0if. weoo, species Of black guardism. uuwor-
thy OF bts notice still IL any exceptions were Ia
ken at what ne bad said in debate. by any GEN
raxAAN. he, Mr.. Gholson, would waive anv and
Congress, and would afford the ss~oss pvompt and
adeqsase sati.factios." To this response. Col.
webb, up to the closing Of my letter, had not
made any reply. ] homo the affair will exd
where As. Dacliing is Improbable, and hope
It will not be encouraged"
From the Boston Atlas
WHAT DOES THE PRESIDENT PROPOSE?
The Presidents Message is chiefly an elaborate
ana aDofed article to prove that the money of the
nation should be withdrawn from the Banks. and
deposited with the Treasury Agents.
To Us this grand scheme seems a paltrv and
P'tliui affair Whether the money be entrusted
to Pet Banks or Pet Agents, can make very little
difference to the people So long as this asst sum
- subject to Executive control SO long as il can
be used to encourage and reward the partisans Of
the governmcnt-so long as it is fountain of
corruption at which, the friends of the administra
ton are to Stake their unhaowed thirst, it is
wholly immateriai whether the President or his
Secretary directs its channels. or whether it flows
through Collector Of the Customs, or the Direc-
tors ola Bank. Although, as among rotten APP
pies, there might indeed, be a choice between
these two modes decentralization, the difference
IS too slight to have warranted special call Of the
Representatives Of the country, and the advan-
tage Of one over the other miserable comfort to
a suffering and distracted people.
Let those settle the matter, who, hay ing the
responsibility Of the gov eminent and the power of
the people, can devise no better means Of deliv-
erancc from the danger in which we stand, and
the anticipated ruin to which their policy has
brought US.
But there IS one other part Of the Message
small indeed in the space which it occupies-of
this strange communication which fills us with ap-
prehcnsiOn and alarm.
''1f,'' says the President, Il refrain from sug-
costing to Congress any specific plan for regula-
ting tho exchanges o: the country; relieving mer-
camille advertisements; or interfering with the
ordinary operations Of foreign domestic CON-
mercc; 1t Is from conviction that such measures
are not within the constitutional province OF the
General Government; ard that their adoption
would not promote the real and permanent wei
fare of those they might be designed to aid.''
For this abandonment of the great interest of
the country, VIC confess ourselves wholly unpre-
pared. For this prostration Of those objects in
which all classes Of the community TO some
extent concerned, and for which, to a very great
degree, government is Instituted, no warning had
been given to by the policy ofthe last admins
tratiOn, in whose footsteps the present to
serving
movements Of the incumbent Of the Executive
chair.
AT the present moment the exchanges of the
country are deranged; foreign and domestic COM
mcrce is at stand still, and evils unprecedented
and numbcrless. which need repetition TO be full
~ understood, affect almost to ruin every class
Of our citizens.
The Pro-ia~.s rnocks at our calamity. and
laughs when our fear cometh.
No plan for relief is within the constitutional
province ofthe General Conveniently
Fit he so, the General Gov ernment is not worth
preserving. Its constitutional province--once
the admiration of the worlds more contempt
bic than German principaiity. and its power
useless "for domestic tranquility or ''the genera
welfare, is mighty only for ruin. Is this the
doctrine Of the Constitution We think not.
The evils we are suffering are TO great extern
caused by the action of the Government itself
and hence the Government is bound to provide ;
remedy.
! Under the express provision Of the Constit,,
ton, Congress Is to regulate commerce. Thi
commerce, regulated according to the pleasure o
Congress, is the foundation and almost the cxclu
sive source Of national revenue. The revenue
raised from the commerce Of the country gives 4
the government Treasury Of wealth. with whic
no individual, association, and no union Q
them can compete. The government moves al
amount of money which makes it every where tn
controller Of the market, and places all institu
uonS, ana all INDIVIDUALS, IN the relation OF cA
changes or ofcommercc, completely under its cor
troll. 1t has but to adopt mode of Legislation
and tho country is covered with manufacture
establishments. Industry is encouraged. Labo
prospers ;and private wealth is poured in one go
den stream Of fertility through the lana. 1t char
ges its statutes and desoa ton follows with the
. wills Of idleness and poverty.
Ii cannot move, and it cannot refrain from m
wing, without affecting to extent Of creation
. ruin, all the industrial capacity Of the countr,
e and it has never moved, or ceased to move, sine
the Constitution was adopted, without operatin
8 on the exchanges Of the country. and on the col
d,tion Of foreign and domestic commerce, and q
I every interest, manufacturing or mechanics
d commercial or agricultural, By which individu
prosperity is promoted.
II is needless to pursue this subject in it's d
e tails. They were discussed ably and fully whe
J. the tariff questions were before the people. TT
result Of the political dispositions af that int
g esting period settled this fact to the unanimo
conviction Of mankind, that the action of the Go
r ernment would determine to all future time d
p industrial character Of the country.
}. When the Bank Of the United States was
Q, tablished-again when the veto Of Preside
p Jackson terminated its existehce-once mo
)" when the Dcposites were withdrawn--and vet
\. Gain when tho Treo surv Circular vas issucd