The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-11-03
From the Frederick Times.
THE NEXT PRESIDENCY.

Many of the Wing papers seem TO have come TO
the conclusion, that they cannot get along with
Henry Clay, as their candidate for the next PTesi-
dency and have expressed their preference for Har-
rison because they think him their strongest candi-
date. Although that is matter in which we have
little disposition to interfere yet we beg leave TO say
that we dissent from tins opinion. General Harrison
carried the States of Indiana and Ohio merely
through the objections which many of the strongest
Jackson OF those States had to Mr.. Van Buren,,
combined with the operation Of that sectional feel
ing and Stale pride which too often govern man.
kind But those objections to Mr. Van Buren, have
been removed from the minds of m ny OF the per-
sons we allude to, and they have now become his
warmeSt partisans In this view OF the case, we do
moi think that Harrison could make any greater in
road upon Van Burens strength in the States Of the
West than Henry Clay, and we do not believe that
either of them can be elected. As for Clay, be never
had any popularity with the great mass OF the peo-
The Wing party within the last year. were effected
not through the magic of his name, but through the
peoples hostility to the Sub-treasury scheme, and
every sensible Wing knows it,
The imprudence of the Wing papers in continually
stalking up a " National Bank" as the grand pana-
cea for all evils, has turned the tide of success in
Mr. Van Burens favor and it is not much to be Won
dere at. This thing called National Bank, as
I" indispensable regulator of the currency, Is all
| humbug. The currency will regulate itself if iii
left alonei il is hot disturbed and put into confu-
sion BY The working of the specieexactng clause of
the Sub-Treasury bill. We believe that the crea-
whole real and personal property fthe State should
be made liable and located at the most favored point,
would furnish currency of the value of gold and
silver every where and be the most safe, efficient and
! popular fiscal agents of the Government. We have
seen such plan suggested in many quarters, and
hope to live 10 it fully carried out by the Legs
lature of each State. Surely the notes Of bank for
which the whole Stale is bound, ougA to be re-
ceived specie and ,co,tld be so received With
such set OF banks put in operation, where would
be the necessity of National institutions None on
the earth.
We believe there are opponets enough of the Sub
treasury scheme in the United States to elect can
ddale for the Presidency by large majority if they
can all unite upon that man whom we think can be
triumphantly elected We allude TO WIN. C. RIvES,
of Virginia, and we know that many of the sober,
steady rejecting Wigs of this county coincide with
us in this opinion. II he should be the candidate
and the only candidate Of the opponents Of the Sub
treasury, we should support him to the utmost extent
Of our ability. But in The contest between Webster,
Harrison, or Clay, and Van Buren,, we should feel
bound to support LITTLE VAN" much as dsap-
prove his new financial scheme. 1t is true are
anxious to put down that Ubiquitous system Of in'oe-
rance and pro cription which has been so persever-
ngy praciced upon those friends of the adminis,ra-
ton, who could not turn suddenly round and stake
The back track in support of measure which we all
united in denouncing as designating and revolu-
tionary,' in 1884. But like the able and eloquent
GARLAND, of Va, If compelled to choose between
Henry Clay and National Bankism, and Martin
Van Buren, and Sub-treasnrysm we must choose
the latter because we like him, believe il TO be
siuonal, and because we believe that, il adopted on
Mr.. McDufie's plan il will not embarrass the State
Banks, nor paralyze the exertions of our CONNER
cial men. But like Mr. Garland we wish to see the
Constitution Of the United States amended as 10
take from the Executive the power Of appointing the
Treasurer of the United States and the collectors of
the public revenue and giving TO the two houses
of Congress on joint ballot. This will tend in the
language of Mr.. Calhoun, TO diminish Executive
patronage" and 10 remove many of the objections
which Jeffersonan Democrats entertain towards the
Sub-treasury. We sincerely hope that this "vexed
question" will be settled al the next session of Con-
greSs Let it be adopted rejected, and II rejected,
let the State Bank Deposite System be put in full
operation after the manner proposed by the able, con-
sstent and patriotic RvEs, and let be understood
that il is to be the permanent policy Of the Govern
men In that event, we shall enjoy peace and pros
perily and It's able author and his compeers be eni
lied to the everlasting gratitude of the nation.