The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-05-26
reciors are not TO be found connected with the man
agement Of any bank in the land.
Your obedient servant,
c,. u,, LEVI LINCOLN.
City OF Washington, May is, 1898
Ff0m le ~ Y Tlmes and Com L,leLlireuelr


Mr.. GAYS REsoLuTios-It will be recollec,ed
that this resolution which declared suspension OF hos
ties on the part Of The government against the nstiu
tons and business interests Of the people, was referred
by vote Of the Senate to the committee on finance Ii
was thought by the subseryaive party there, require
little kitchen cooking, and Mr. Silss Wright has sery-
ed up the prepared dish in the shape OF report upon
Mr. Clsy's resolution. The document is pronounced to
be ingenious, If we may credit the Washington Globe
ana that journal also pronounces its arguments fair"
But from the peculiarly oblque moral vision OF that
PRINT our readers be a; no loss TO the proper
eiuslon on the score of honesty Mr.. Wright has
CURED degree Of celebrity in the manufacture Of re-
ports to SUIT occasions and his skill in that branch Of
egsatoh iuly equals The sagacy of late legal func
uohaiy, whose opinions were given according to the
required view Of subject, and If unbiased judgment
happened to differ from the imperial mandate, con-
science was sfied, and the officer defeentially re-
sponded to the sentiments OF his master Mr. Wriphts
fame as the author OF reports, connected with his report
on The subject OF internal improvements in the Senate
OF the State of New York. In that document he ex-
hblted, with great logical force the truth with which
his report concluded, that the Canal system was ruin
GUS and if porseyercd in would bankrupt the State As
Comptroller OF the State, he afterwards made several
reports OF the Legislature, in which he arrived at the
same conclusion, and recommended resort direct
taxation to supply the drain produced upon the treasury
by the canals he canal system has achieved triumph
over all It's enemies, and direct taxation has not been
resored TO- and the Governor OF the State Of New York
has not been driven to the Illuminating necessity of send
ing "beggars petition to our legislature ask per-
mission to live upon credit and issue rags the credit
ors OF the State-Ths striking contrast between the
fruits Of experience and the results of the smbdexter
reasoning OF Silas Wnght's reports, will enable our
readers TO understand what is termed as matter of
courtesy the ',ngenuiy' Of Mr. Wngbt's report upon
Mr. Clay's resolution, which, in plain English means
the iasehood to which il is designed and intended to
lead the mind. The palpahe object is to induce the
people TO believe lie, and the loco focos Who
attempt TO come near truth, will doubtless grasp the
documentto their hearts "with hooks of steel"
We are rejoced to be informed of one fact as con-
tanned in this report. gentleman states to u.s. that
Mr. Wright has reported that the Specie Circular has
effected the object for which it designed and that
it may therefore be repealed The people ough, hold
meetings to return public thanks for the wonderful
descenslon and act Of magnanmy the part Of their
public servants The executive object Of this imperial
order has been accomplished The people, who have
been unanimous against this yrannical usurpation may
have this burhen taken from their back and the sub
serrative members Of Congress, who prosuted the
places they hold Of Representatives Of the people, be
mere instruments of Executive will, and registers Of
edlcts from the palace have gracious permission given
them to yield to the demands Of their constituents and
repeal the odlous Executive act How thankful the
poor fellows must be for this most pontfcal dspensa-
ton They dare not return to their nsulted and be-
trayed constituents leaving that black act in force
unepeaed, and they dare not vote repeal against the
Executive will and we know not how they express
their grateful feelings for this gracious nod Of his
jesty. .... s ~...
II the specie circular has accomplished its objects, let
what its objects were, what has accomplished
1t caused Suspension of specie by the banks
caused the interruption Of the business and occupa
tons of citizens it sowed the seeds OF bitter dis
appointment, distress and ruin, with wide spread arms
over the whole face of the republic il has impoverished
individuals and rendered bankrupt the nation it has
deprived honest industry Of the of support and
teariuly augmented the commission OF crime /; II has
loosened the bands Of civil society," tramped upon the
constitution, existed in despite Of law, and brought the
people Of the Republic to the footsool Of the Executive.
These OF the ends accomplished directly or
indirectly by the specie circular-and if they were the
objects intended is clear that designed TO fasten
absolute despotism upon the people.
But is there any magnanmity or honesty in this
granting permission to Congress TO repeal that order Of
the council particle 1t and is the creature
Of the Executive, and was revocabe at his will His
stubborn obstinacy in did Congress to pass
laws for It's repeal and the same headong passion per-
pealed fraud upon the constitution and Frustrated the
law. The present Executive applied to, besougk
and entreaed without effect But now, when the peo-
pie rising in their might against their oppressors,
when they every side bursting the bonds which
have enchanted he and raylng to the Of their
country and its institutions, their liberties, and their
fortunes, and striking terror into the hearts OF the usnrp
and evil doors, their trembling fears of speedy
geance induce them forward, and curry favor
by giving to the people small part Of their rights,
which they have forciby and unjusty taken from them.
They come too late they after they could not
long resist they even yet come grudgingly and indi-
rectly and that people, whose rights they have out
ragged, whose business and interests they impaired, and
whose sutferings and they have caused, will
hold them to full and perfect account Their day OF
reckoning will soon and fthey can do any thing,
in the brief remainder of the term to relieve the dark
dye which their past conduct will be stamped the
past page OF history, behoves them TO address them
selves promptly to the good work.