The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-02-06
CORRESPONDENCE.
ALn,nY 2flh Yam. Ia3a.

ALBANY, 10Th jan, 1890.
DEAn sm:-Mr. Holley, from the select commit
tes OF the Assembly to which referred lhatpart
Of Governor Marcy's message, relating TO the Sub
Treasury project reported, in part, to-day pream-
bic and series Of resolutions condemnatory Of the
whole scheme, and insiructing Senators in Con
gress to oppose its passage. Five times the usual
number of copies were ordered 10 be printed. They
will be called up on Thursday or Friday. The com
mittee have done ample justice to the subject and
their resolutions breathe that democratic spirit which
is than ever necessary 10 stay the progress Of
those ultra federal doctrines threatening TO
turn our Liberties. No apprehension Is entertained
oftheir being rejected in the Senate. The Conscrv-
alive nhuencefhere is suicientto rebuke the dongs
Of Senator Wright and to sustain the opinions ofthe
Assembly select committee.
] Mr.. Mann, with his aIacterisc GOODNESS, pro-
posed TO strike out The original resolutions and to in
in lieu thereof that il is nexpedient TO charter
| National Bank, and that Congress has no power TO
locate such institution in the States, This step
has been taken to get an expression OF the House in
favor Of National Bank. But he will be defeated
| The majority viii take not TO mingle the two
questions II is evident that the President is aiming
at the establishment Of Government Bank, infinite
more dangerous 10 the liberties OF the people than
any incorporated institution matter how unlimit-
| ed its powers To prevent the passage Of Mr.,
| virgins BILL then, should be the object of every
good and true man The Legislature Of this State
thoroughly understands the practical operations Of
this new Treasury scheme, and their opinion will
be fearlessly expressed despite the opposition Of
| certain destructive gentlemen, with Messrs. Mann
| and Young at their head.
The small bill measure is still hanging in the Sc
nate. Mr.. Lacy finished his speech to-day, and was
ALE ~ ;nr H.
bill Petitions continue to pour in, demanding the
repeal OF the law of 1885, The distress is felt more
sensiby than ever, on Of the great deprecia-
ton Of Eastern bills since the explosion Of the Com
monweanh Bank We are suddenly deprived Of
more than three millions Of currency which, bad as
was passed readily in the ordinary transactions of
life. Now it will mol be taken by, any body but the
brokers. What are we to dol Specie is inaccesSi-
BILE and the banks continue to curtail The eyes of
the whole State are turned to the Senate Chamber.
| Will the Senate pass the Assemby's bill And
| if they do will the Governor sign it? These are
the only questions asked at the present moment ],
is thought that the Senate will send the House the
bill reported by their Bank Committee, that the
House will reject It, and that the issue will be, the
passage Of the Assemby's BILL which repeats the law
! of 1885 Internationally Rumor is busy in assign
ing the part to be performed by Gov. Marcy II is
limited that he will the BILL if come to him in
this shape 1.-The does it will be fatal step for him.
The days gone by, when party could oppose sue
cessfully The wishes Of the people. We have been
hoodwinked long enough The bandage has fallen
from our eyes, and now, as face to face The
rights Of the people contained in the Jeifersonian
creed have been shamefully rampled upon and ii is
time that the masters should make their servants
hear them and obey their mandates NJ.