The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-05-26
A TRUE PICTURE.

We take the following from the talented
and patriotic Journal, the Frederick Times
We solicit calm and dispassionaie peru
sal Of it, by Mr. Van Buren,, and all his friends
and supporters of the Sub-Treasury scheme.
Though il "speaks daggers" 10 them, yet
they may profit by the lesson il teaches.
When The special session Of Congress was called
by our worthy Chief Magistrate shortly aner The
suspension Of specie payments by the banks, there
existed difference OF opinion among his friends in
Congress about the policy they thought best pursue
a. thal important moment. The larger portion Of
| them were in favor Of the Sub Treasury scheme a
measure which had once been voted down by the
| Van Buren, party-whils another portion Of them,
with Rives and Tallmadge at their head, looking
upon that project being contrary to every principle
OF Democracy, adverse 10 the true interests OF The
country, and fuinous TO the great Republican party
thought il much more safe and prudent 10 improve
reform and reorganize the State bank system, SO as
10 enable them 10 give a sound and uniform cur
rency, and TO restore the country TO It's former stale
oil prosperity. We thought we could best serve our
party and discharge our duty 10 the community by
supporting the policy advocated by the Conservative
branch OF our party, AID we did our utmost in CON
junction with our co-aborers In The good cause, 10
induce the majority OF our friends in Washington 10
abandon The Snb-TIeosury bill and TO unite at an
early day upon the measure proposed by Mr. Rives.
We did this, because we knew that such a measure
as the Sub Treasury would drive a large body Of
MIR. Van Burens friends from his support in every
quarter Of the Union ultimately break down his adj
minlstraton, and enable the Wings 10 get hold ofthe
reigns of government. We knew, on the other
hand that the Stale bank deposite system was I'M
commonly populaT-that the locofoco assertion
That u had failed" was but calch-phrase coined
Dy unprhcipled demagogues-that the suspension
would not long continue il the Specie Circular was
| repealed and that, if they were again made The
agents OF the government under the restrictions and
regulations which the patriotic Rives proposed in
ms Dill, y would multiply the friends of,he admins
tration until whggery would be left without single
stronghold IN the country. Entertaining these opin-
OF The two measures we appeal TO every Van Buren,
man IN The country, and ask him If he does not COM
mend US ior The course we have pursued Is not
every one OF them now satisfied that If the advice
oil the Conservatives had been followed by the men,
bers OF Congress, when they first care H. our parry
would have gained strength every day thereatter2
VINO can say that we or any Of our Conservative
brethren IN the Union be blamed for the defeats
which have every where overaken the adminisira-
ton Did We not fortell these things and warn our
| friends against them day after day2 Were not the
advocates OF the Sub Treasury scheme urged en-
treated and mptored not 10 press their measure upon
The consideration OF Congress, but TO fall upon some
plan that whould unite our divided household IL
these counsels were not needed by the Sub Treasury
men, whose fault is il Who ought 10 be dragged
| to the bar Of public opinion, and be made 10 answer
Tor the SIN OF hurryng our party 10 its overthrow
Who have encouraged the advocates Of this Sub
treasury bill TO perish in il till one-,hird or Mr.
Van Burens friends have been forced into neutrality
or driven TO the Wings? Look into the Sub Trea-
sury presses for the last six months and you can
place your hands upon the guilty. If they had dis
approved the fatal scheme the Conservative press
did, il would have been abandoned in time to save
our party and some more acceptable measure fixed
on Instead of acting this noble part, they resorted
to every arhce to conceal the truth from the people
They represented it as popular measure-and by
these MEANS have caused its advocates to adhere to
1t, until twothirds of the administration States have
been driven from lis support forever. Ii is 10 those
journals that have pursued this unwise and decep-
tious course the Van Buren, party must look for the
true causes of their overthrow