The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-05-22

declares that agriculture, manufactures, commcrc
and navigation the four great pillars Of prosper
ty and says that .profecfioH from CASUAL EMBARAss
MENTs may sometimes be seasonably nterposed' w
suppose you agree with Mr. Jefferson in that Republican
doctrine.
Mr. Yaa Burss.--I agree with Mr. Jefferson in hi
declaration that agriculture manufactures,
and navigation the four great pillars Of our pros
perity" but cannot agree that protection from
embanassments" ought ever 10 be interposed' by th,
Government Sach sn interposition encourages Oh.
people to rely too much on government" communities
are apt to look 10 government too much" and own
people arc especially "prone to do so" If the bust
ness OF the country becomes embarrassed think it the
duty of the government to take Of ITSELF and the
people TO take Of themselves
Committee" State rights is cardinal principle OIL
the Republican party we presume you will, If elected
carefully guard those rights
Van Bxren,-Most certainly,
C0mminee-We believe we are fully possessed oil
your opinion on the subject of BANKRurT Law II
we recolect whilst you in the Senate Of the United
States, you made public ayowa that bankrupt law
applicable to corporations, infringement Of State
rgMs an oaoas exercise Of potoer, not granted by HE
CONSTITUTION, and neser done or attempted IN any
country on The face Of he globe.
] Van Bnrca.-Such were my opinions and expressions
upon that subject. But, if am elected President
shall endeavor 10 have the government, exercise
trolling power oven the BANKS of the country which
When President, therefore, opIogs" and uEcoNsTI
TUTIoNAL as pronounced such measure in the Sc
nate, will hazard to recommend to Congress bank
ruPt law, applicable to Corporations and other bankers
/ only.
Committee are pleased to observe in your
avowa Of principles that you intend, il elected Presi-
dent, ITO tread in the footsteps Of General Jackson"
We may suppose, therefore, that you opposed to
national bank.
Van Bwen.-Decidedly SO and like the old gene
Knf L. L..
nsheda Planof, If Congress had asked Il; which is a
| TREASURY BANK.
/ COMMITTEE. recollect that last year. (ls34, J
the SuB-TRRAsURy SCHEME proposed in Congress,
| by WING, which our party to man, voted down |;
and the official organ of General jackson, in whose
footsteps" you say you intend to tread, decided to
be "disoganzlng and revolutionary subyersive Of the
fundamental prncp pies Of our Government and of its
entire practice from 1888 down to this day !; and that
as papabe the sun, that the effect of the scheme
would be to bring the public treasure MUCH NEARER
the actual custody and control OF the President than
lis now, and erpose il 10 be plundercd by hundred
hands, where one cannot reach it," You will Of
/ course oppose any such SCHEME. ~.
/ Tan BUREN, said :" l would endeaver to tread
generally in the footsteps Of President Jackson. p
| Those think were the exact words in my letter to
| the committee Now to tread "generaHy' in his
footsteps, does not mean TO tread So precisely and
entirely II am elected President, in my first mes
sage intend TO recommend that achig measure and
4
| it through.
Commiaee.-You will, we suppose, oppose any in
crease Of Efeeufipe powcr as that is one of the car
dnal principles of the Republican party, and more
I especially as General Jackson in his message in
/ 1885 said, "In the regulations mhieh Congress may
prescribe, respecting Tie custody Of the public moneys IL
is desirable that lille discretion may be deemed
consistent art their safe keeping, should be giren 10
! Erecatire agents."
| Fan Buren-Here shall be obliged again 10
deviate little from "Me footsteps" OF the General,
/ though intend ITO tread in them generally" If |
am elected President, intend, in the recommends
collection, safe keeping transfer and disbursement OF
me public money be managed By officers 81 the Gorern
meat"
Committee.-You consider it the duty Of the Gene.
| raj Government to regulate the culrency" IL
/ Fan Burea--Yes, so far fixing the standard
| value of gold and silver coin But do not think the
government has any authority otherwise to regulate
| currency. %..... r... ". ..".r.
Committce.-Bu General Jackson in his late Mes
sage, 1885, said, By the use of the State Banks
which do not derive their charters from the general
government, and are not controlled by its authority,
IL as ascertataed that The moneys Of The United States
can be collected and dirsed ritoHt loss inconre.
niencc and thai all the wants of the community, in
relation TO exchange and currency, are supplied as
| well as they ever have been before" "m.~
| Van Baren.-liere again perceive shall be
obliged TO deviate from the footsteps Of the Gene
raj. intend in my first message, 10 give il as my
opinion that 1t is no part of the duty of the Govern
ment !" to interfere in the manaeae Of foreign and
| domestic exchanges intend also to recommend an
Abandonment of the State Bank system for indi-
vdual agents or Government officers notwithstanding
General Jackson's Secretary, with his appreciation,
expressed an opinion in his report that Individual
agents rW pr0babiy be jound RESPONSIBLE, SAFE,
AND ECONOMICAL" than banks To reconcile the
people to an abandonment of the State Bank system,
for individual agents. or Government officers, will
have the ORGAN OF the Government call it divorce
| of Bank and State"
In the above supposed dialogue between Mr. Van
! ly put into Mr. Van Buren's mouth his own official
acts, and oGeial language, exhibited in the first
six months of his administration
And now lei us ask If Mr.. Van Buren, had before
his election candidly and fully, "ty his public
aroacalS, or by he authorized explanations Of his
f1icndS," made known his opinions, in relation TO
the general policy of the general government" as
he has since he into the Presidency, made them
known, by his official acts and messages in what sec
ton of the country could he have received the sup
port of the republican partyl Such avowals before
the election would have placed him at an immea-
surable distance from the Presidency" Such avow-
ais since the election, have opened the eyes of the
Democracy OF the country, and will not fail TO Sc
cure TO him the quiet of private life at the close Of
! his present term. . ...
Forced upon the country, by the influence Of Gen.
Jackson il may be said of Mr.. Van Buren,, " he was
selected without choice, and will be discarded with
out regret"
THE ARTIC PROBLEM.
The London Morning Chronicle Of the 9th