The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-07-11
POLITICAL TOAsTs.

The Pennsylvania Of Monday last, con-
tains part of the proceedings at the 4th of
July celebration in Philadelphia.
Some Of the toasts of distinguished indi.
viduals are worthy Of comment
We commence with that Of the President,
as follows:
BY Martin Van Buren--The State of Pennsyl-
SOIL she adds the greater riches" of hardy, incor
ruplicle, democratic populations
The "public works" Of the State Of Penn
sylvania are noble" truly. How have they
been accomplished Has it been by pursu-
ing the policy now recommended and ad-
hered to with unparalleled pertinacity by the
President, "a divorce Of bank and State" I
No-directly the reverse. That State has
sustained and defended the banks and her
banks have aided their State! The twenty
three millions dollars which the State has in
vested in her noble public works." were,
nearly every dollar, loaned her by her own
banks. But the other day, we saw the banks
of Philadelphia subscribers TO loan to carry
on the public works, bearing an interest of
four per cent. per annum; while at the same
moment, the General Government were in
the market borrowing money at six per cent I,
Had there been "a divorce of bank and
State" in Pennsylvania, created and observed,
where would have been her "noble public
works.! They would not have been in ex-
istence. ...... ..,
Then succeeding each other in their order
were the following:
| "By the Hon J. c. Cahoun-The separation of
| Banks and Government While more indispensable
to liberty than the separation OF Church and State
it would prove in the end not less benefcent TO both
than the separation of the latter has to religion ard
| politics."
"By the Hon Thomas H. Benton-Bank and
| State connexion prejudicial to the state may
| speedy divorce take place between them"
II is somewhat remarkable that, two such
distinguished individuals as these, who are
as wide apart on most other important SUBJ
jects, as the antipodes; and who do not
even hold speaking intercourse, should have
thought and written SO similarly on this one
subject, ga divorce Of bank and State' We
apprehend these gentlemen will find but fee.
BILE response to their toasts from the people of
the keystone State, where banks have been
mainly instrumental in enabling her to rear
her noble public works."
Among others, we find the following sent
| by the Solicitor Of the Treasury
"By Fl. ID. Gilpin-The Treasury of the Cons-
tuition and the currency of the Constitution. These
the brthright Of people, according 10 the let
| ter and spirit of that sacred charter"
Will the gentleman be so kind as TO explain
to the public what these birthrights of the
people" are! We should suppose it belongs
most appropriately ifnot specially 10 his Office
to enlighten the people on these points. viii
he be good enough to tell US what "the Trea-
sury Of the Constitution and the Currency Of
the Constitution" are' Or shall we look for
the explanation of both in the extracts from
the speech Of the Secretary Of State which
we publish to day
We copy one other toast complimentary to
one of the Pennsylvania Senators:
| The Committee Hon James Buchanan--our