The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-02-24

for the people, by which, believe il carried into
eculon will prove adverse TO their true interests aud
permanently injurious IN its effects, because among
other objections If consider the amount OF gold and
silver coin IN the country, and the aggregate annual
cepts and disbursements OF the General Government
nearly the whole Of the metallic currency Of the country
must necessarily be employed in passing IN and out Of
the public treasury and if il DO thus limited 10 It's
vice, there will inevitably be cntsed he people
deprecated currency, Of unequal and uncertain Value
IN violation OF that important requirement OF the Ma
tona Constitution, which directs the provision Of
uniform currency.
l. Because this state OF things will prevent or nate
rally reiard the general resumption Of specie payments;
and II this be long delayed il win produce
creased embarrassment and deeper distress
Because by this mode Of collecting and discussing
the public funds they will be subject great risk Of
loss and heavy expense will be requisite for the
tenance OF large body OF fiscal agents. whv with the
specie Of the country under their control may
influence individual enterprise and industry, mimi
cal to the democratic principles upon which our nstitu-
tons are based
3 Because we consider the Sobtrcasury scheme sub
versyc OF the principles Of national compact cacu-
lated TO mpsr the rights of tho States and consolidate
nearly the whole power OF the government in the hands
oil the Executive.
4 Because this BILL ifcreaed law, will be injurious
to the industrious classes OF society tending clog the
energies parayze the industry, aud destroy the COM
merce OF the country; aud is in opposition the wish
es Of majority of The people Of these United States
Therefore,
LIST. Resolved, That meet this question openly
fairly and without disguise, regardless OF all diciaton
and with view 10 the welfare Of the country and an
honest support OF the general administration.
I'd Resolved. That we respectfully demonstrate
against the passage into law Of the Sub Treasury bill
now before the Senate OF the United States.
Sd Resolved, That while we desire correction OF
the evils and abuses Of the general banking system we
are opposed to all hasty sudden. rash measures
which must operate to the Ultimate injury Of the Of
the people.
4lh Resolved, That we approve Of the conduct OF
the democratic members Of the Legislature Of Pennsy
vana, who voted in favor Of postponng the consdera
ton of the Sub Treasury bill.
9th Resolved, That democratic brethren through.
out the State opposed to the passage Of the SubTres-
suy bill be requested 10 organize promptly and adopt
efficient measures for its prevention.
9th Resolved, That the officers Of this meeting con-
stitute committee Of correspondence.
The following resolution was offered and unanimously
adopted
7th Resolved, That the rude and insulting practice
which prevails with certain officers political and obtru
sive agents. and their satellites OF denouncng ard pro-
scrhing respectable aud honorable members OF the de-
mocratic party for free expression OF opinion, is ia
oren hostility to the first principles Of democracy and
justly merits the reprobaon Of all intelligent and honest
men
sth Resolved That the proceedings OF this meeting
be Published III the Democratic papers of the Union;
and that copies be forwarded the President and Vice
President Of the United States and each Of Sena-
tors aud Representatives IN Congress.
RoBERr PATTERSON, President.
Thomas D. Grover Peter Hay
Richard Mackey Morton McMichael
Houston Smith Samuel Badger
Joseph Burden j M Linnsrd
John FLOYD. Jr, b w. Richards
Hugh Catherwood Alex. McClurg
Alex McCarsher John Naglee
Jas, Fearon James Goodman
VIM. Stephens John ID, Goodwin
John Oaklord.
Vice Presidents.
A. G. Waters John McGrath.
Secretaries.