Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1838-01-31
TEaE GAZETTE:
M a z q n 5 . URG, va.
WEDNESDAY, JANUARY 81, 1888.
THE NEW sUB.TREAsURY BILL

THE NEW SUB-TREASURY BILL.
The people Of the United States having look.
ed upon the conflicting schemes, for the coIlec
tion, custody and disbursement Of the govern
ment revenues, as of so much importance as
probably TO mark the dividing line between po.
lItcal parties, have thought it best TO de
vote the entire first page of this weeks paper
TO the bill recently reported by the committee
Of finance to the Senate. The Conservative
branch Of the administration party, or rather, Of
soh0t toas the administration party, have looked
with much soiiciiude TO the scheme to be pre-
scented by those in the confidence OF the govern
ment Many Of them, conceiying themselves to
have sinned in other matters, past forgiveness
except by their old allies, have been praying,
beseeching aud imploring for some medium mea
SIRE, upon which the administration forces might
be again united, which might avert the threat.
ened humiliation Of their party and which
might bind together more firmly the office hol
ders aad Office aspirants, and their honest but
deiu1ed supporteIs-the betrayeFs aud the be-
trsyed The conservatives have been warned
by their leaders against an anna gamation with the
wings, Our representative in Congress told his
party that all was well there We're no deser
tions-tbe loco iocos would yield their mon
strous propositions and a compromise scheme
wonld be adopted which would be satisfactory
10 all. The Richmond Enquirer has ende avor.
ed 10 allay the storm By calling upon the party
to keep cool-give and take-bear and forbear.
With due respect we suggest that this bill
has brought matters TO point at which forbear-
dnce ceases 10 be virtue, with all wholoyc their
country better than their party. The Enquirer
disappointed in its expectations Of a compromise
denounces it upon its appearance, as a stronger
and harsher me asure than the bill of the extra
session-and the condemnation prom ounced upon
II is perfectly just, for every new feature Ell
grated by the new scheme upon that of the ex
ira session, instead Of rcdeeming any of its OBJ
noxious provisions, renders the whole more obi
GUS and Objectionable, We somewhat doubt
whether the scheme presented by the late
bill accords entirely with the views and wishes of
the President-for il bears many ofthe marks of
anew ally, who il is said already proves himself
a very troublesome customer. The administra
ton party would find Mr.. Calhoun S talents nd
genius Of great value if he would consent to oc.
cupy any other station than that of leader
but with his pertinacous disposition 10 follow
the bent Of his own whimsical and wayward in,
cinatons, he will hang upon them--an iucubus
which will sink them TO political perdilion.-
This result they begin TO discern, but with all
its dangers in full view, they cannot afford to
dissolve the new partnership.
The new bill is very long one, and is fall
OF all the monsirous features of unaduterated
loco iocoism-war upon the banks-ruin 10 their
dealers confusion and distraction Of the nation.
q! currency-an iucre ase Of the mighty army of
Office holders by the addition Of the various sub
trcasurers proposed TO be appointed-the humbug
OF a metallic currency-ahd he half hidden germ
of treasury bank These things aac nothing bet
ter are to come Of its adoption. The govern.
ment party have staked their fortunes upon il
BY the people they and their measure are 10 b..
Judged, and If there Is intelligence enough in
the country TO discern the practical results Of
their.experiment, by the people, W i'll they sure
ly be condemned Ii on the other hand tenn
porary triumph should be allotted 10 their
scheme, and the country should be doomed TO
the distresses and disasters Of another expert
ment. the condemnation Of its authors will be
not the less sure.