Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1839-04-04

ex'taVaSant specuIltiOnS IN The public lands
its continuance, beyond the immediate ext
gencies OF the occasion, ! considered wholly
unjuslihable. Besides the asgsan, Injustice
OF tho discrimination it contemplated be
tween the different branches of the public
revenue, its operation, direct and indirect,
became emiDently Injurious in doranging
the whole monetary system Of the cauniry,
and contributed essentially, as have always
thought, TO the final catastrophe of the sus
pension Of specie pay menls by the Banks in
May 1887. expressed this opin ion i'm adj.
vance as early rs the 10Th of January 1887,
In speech made by me on that day in the
Senate U. S., and the reasons of tina, opinion
were more FULLY developed in another speech
made by me in the Senate on the 10Th Sep.
TENDER 1887, after the actual occurrence of
the catas,rophe.s Bot important as this as
pee, Of the question was, il was not tbs mos,
importsnt in which the subject was necessa>
rily presented by the circumstances that had
taken place to the consideration of the new
President. There was another aspect Of it
ultimately connected with the vital principles
OF representative government itself Alter
the almost unanimous expression OF opiniDh
against the continuance OF the specie Circu
lar, by the two Houses Of Congress, the
question was, shall the will oil The People.
Conveyed through their Representaiive s, pre-.
vail, or the will OF The Executive ] felt
oil The gravity OF this question. and as sin.
csre friend Of the President, I addressed a
letter to him, presen Ting Tor hi, consider lion
with the respectful eaines,ness which that
friendship inspired. the views OF it which
j thought, ought To regulate the conduct of
. Republican Chief Magistrate Having
hoard that insinuations (absurd enough sure.
ly) ore not unirequent!y made that was
never the friend of the President, though
aiding in his election, but Iha, | determined
IN advance 10 oppose his administration
right or wrong, l herewith submit tue letter
referred 10, that the public may Judge
whether the spirit in which it was written
was not that OF true friend, aad whether
the suggestions it contained were not also
those Of a true and rejecting friendship.
castle HUI, April 7lh, '37.
my DEAR SIR,
You will excuse, | am sure, the lib
cry / am about 10 take No one has more
sincerely desired vour elevation to YOUR ure.
sent distinguished station than have done.
None can more anxiousy wish for your sue
cess In il. These sentiments ha sc determined
me 10 express 10 you, with The iranknees YOU
desire, know from ell your friends, The
thoughts which occur 10 me ,op question OF
The deepest interest 10 yoursel ana The coun.
try.
infer from some recent articles in The
Globe that the subject Of The Treasury Cir.
cu!ar 10 sti!i under your con sideralion. |
nave drawn that inference particularly from
ON a,iicls signed Z. in The Globe of the ls,.
which from the internal evidence, ] suppose
to be from an official source. The article
shows evidently bias in ta,uur of maintain
aDg The Treasury Circular; and vet what is
he result OF lts reasoning, and statements
lhat the measure Is of but lille or no eff
cacy, either Tor COOL or evil, 10 CONNER
ciai and financial view, while, in ITS political
operation, il is Injurious. take this to be
about The most favorable view that can be
presented Of the mailer. What ought TO be
The consequence! This measure. " hicb i,
- admitted, does neither much gond nor
harm, has been condemned by large major
l'ies IN both branches Of Congress. and o
Dbl abrosating it, passed by a vote OF Mines
tenths IN one House, and near three iourths
in the other, which would now be the Iau OF
the land if had been returned, as | think j,
ough. TO have been, to the Legislative De.
par,ment.
Ought measure Of such character 10
be maintained by the Executive against 90
overwhelming 40 expression OF the sense of
me Representatives Of Tho people and the
States! Would IL be in harmony with the
genius Of our Institutions, | nigh, ask
indeed, edyer!ing 10 the wolf known and 10
variable practice both in England and
France of ministers, yielding to parliamsn,
iary majori'ies, however small, iii, would
be in harmony with the genius Of auy Con
sli!uiiOnal Government? think. then. nv
dsnr sir, that your course through this diff
Guilty is a very plain one. Whatever YOU
may think Of the Treasury Circular, Con.
gress, whose full control over The matter Can
not he questioned and 10 whose C nsidera,ion
II was expressly submitted by The late Pros
idens, has pronounced upun il, by maiorifie.
euthcient 20 have given the lnrcc OF law 10
their opinions, in spite Of Executive chico.
lions, II the opportunity bad been sIOI iei
10 ihsm. In carrying out their will thus
solemnIy expressed, the responsibility is moi
Upon you, but upon them, with whom the
Constitution lodges both The power and the
responsibility. This view OF tho matter a,
once relieves all the deiicscy you might 9th
srwiss feel in departing from MEASURE Of
your predecessor.
On The other hand, II Ibis measure be
maintained at all hazards and in The teeth Of
Congress, in what situation will ,ba, BODY
bs placed al its re-assemb bling, and espec,si.
Iy that large majority Of your friends who
voted Tor the repeating Bill! They caoaol
be expected TO change their course on q
question which was 50 thoroughly copsllered
before; end 10 there moi great danger thai
They would come 10 its rs-cOnsiJeraiion
with feelings deeply wounded, and possibly
highly excited by this manifestation OF Ex.
scuiye disregard Tor the legislative will? I
bays had opportunities, which could not, in