The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-08-11

~ohStesss tof INC eiIlCieut OPctouoHS W w
Mint, and at least three or four millions more
to answer any sudden and contingent calls,
there will probably be necessity to resort TO
the deposites now with the States, and to the
installments destined for them in October or
to some other resource, for sum equal TO
$4,000, 000." That is, it would be necessa-
ry to withhold the fourth installment due the
LIST of October, Of 80, 1906, 900, and raise &c.
600, 900 10 addition. This was done.
Notwithstanding these facts staring him in
the face, Mr.. Wright, in January following,
had the hardihood 10 come forward in the
United States Senate, and declare, that the
special conyocaiion Of Congress was rendered
necessary, in consequence Of the deposlte
banks not being able TO pay over in laigfm
currency the balance then owing by them Of
about ss,000,0o0 only, and challenged any
one to deny the position
This affords fair sample Of the misrepre-
sensations the Loco. foco- Sub-treassny-g gentle
men resort to, for The purpose Of prejudicing
the public mind against the banking institu-
tons Of the country, and making converts to
the Sub-treasury system.
The time cannot be far distant, when the
public will be made fully acquainted with these
articles and receptions and, when they will
recoil on their authors with just retribution and
overwhelming force.
OPINIONS AND DECLARATIONS OF MR..
CALHOUN's MULTIPLICATION ORGAN.
The Charleston Mercury is well known to
be the organ Of Mr.. Calhoun. Some sharp
shooting that has taken place between that
paper and the Courier, has led it to make some
statements, which, we apprehend, will be
bitter pills to some Of the party with which
the Calhoun party has lately allied itself
Notwithstanding the declaration made by Mr..
Calhoun, that he has no reason to confide in
the " honor or patriotism" Of the party Loco
Foco) which he was about to join; yet the
leading organs Of that party the Globe among
others, hailed the accession of their new
Southern allies with "joy and gratitude"
Now, see what the leading organ Of that
party says, as recently as the 25th ult.
L
a laundering inyeclive as the Courier quotes from
us against kendall, the Globe and the Adminisra-
| sion, bur We repent nothing thereof
This is as much as to say, we did abuse
the above mentioned and they fully desnueit.
| Kem.-We again deny the Conrier's assertion that
this Administration is carrying out Gen. JAcKsoNs
policy.
So Mr.. Van Buren, is charged by his new
allies with violating his solemn pledge made
to his friends, to tread in the footsteps and
carry out the policy Of his illustrious prede-
cessor.
| Ecm.-If this Administration, by breaking its
pledge 10 walk in The footsteps OF Gen JACKSON has
not entitled itself TO support Of its men, il has
entitled itself to our support Of Its measures.
By violating his pledge, Mr.. Van Buren,
has secured the confidence and support Of the
Nullifers for his measures, though not for him
self, as is shown in the following:
Nem.-The Courier calls upon us to show our
hand and say whether we advocate the election of
Mr. Van Buren, for second term of The Presidency.
We never have concealed and willingly now avow
| our sentiments on that head. Il has been all along
/ the wish and the policy oil the party with whom
act, to take part or lot in President making. II
is the wish Of many of them that between Clay and
Van Buren,, South Carolina should act as at the last
| election, ana refuse 10 vote al all.
If the Nullifers believe as they assert, that
Mr.. Van Buren, has disregarded his pledge
to carry out General Jackson's policy, we do
not see how they can support him for the
Presidency. He would, indeed, be " bitter
pill"
Nem.-In recommending the divorce or Indepen-
] dent Treasury, il has but adopted measure
L cerfPd Calhoun nj
| Washington, and brought forward BY Mr. Gordon
Of Virginia, three or four years ago. As to that
measure, then, it is clear that the Administration
joined us, not We them.
So, the sub Treasury scheme did not orgi-
nate with Mr.. Van Buren, Mr.. Calhoun was
the father, and the Loco Focos, in adopting it,
Joined the NuHifers! What will Col Ben
ton say, when he finds that instead of follow
ing Mr.. Van Buren, and Gen. Jackson, he was
following John c. Calhoun
Hem.-Mr. Calhoun is not the advocate Of the
gold humbug, and exclusive metallic currency
| What he said of the mortal conflict between the two
kinds Of currency had reference altogether TO two
currencies Of the same denomination, and is no new
maxim Of his, but one as old as the art and mystery
| OF banking itself Nobody but Col Benton and the
Globe and Gen. Jackson, ever advocated an exclu-
sive specie currency. And to assert it against Mr..
Calhoun, is wifuly or with culpable ignorance, 10
make a false issue.
1t thus appears, that while Mr.. Calhoun
lays claim to the paternity Of the sub-Trea-
sury, he repudiates the gold humbug, and ear
clusive metallic currency. "NoBoDy BUT Col.
BENTON AND THE GLOBE AND GEN. JACKSON,
EVER ADVOCATED AN EXCLUSIVE SPECIE CUR
RENcY." Here is the testimony Of the organ
Of one of their own associates and great leader,
| ,ubo with q ;o,, ond ,,r,,;,,da tbo,, oIIiod